HDFC Life Sampoorn Samridhi Plus

The Key Features of the HDFC Life Sampoorn Samridhi Plus

1. The premium payment term, will be equal to the policy term less 5 years.
2. The guaranteed addition will be provided as per the below:
   1. 3% per annum for policy terms equal to 15 - 19 years
   2. 4% per annum for policy terms equal to 20 - 24 years
   3. 5% per annum for policy terms equal to 25 years or moreSum assuredRs. 65, 453No limit, subject to underwriting
3. The high sum assured rebate also will be
   1. Rs. 4.5/1000 for sum assured on maturity between Rs. 1, 50, 000 - Rs. 3, 00, 000
   2. Rs. 6/1000 for sum assured on maturity between Rs. 3, 00, 000 - Rs. 5, 00, 000
   3. Rs. 7.5/1000 for sum assured on maturity between Rs. 5, 00, 000 and moreSum assuredRs. 65, 453No limit, subject to underwriting
4. You can also get an additional sum assured in the event of death due to accident during the policy term
5. You have a choice to choose your policy term from 15 - 40 years
6. This is a limited premium endowment plan, with an choice to add an extra of up to 100 years under whole life coverage
7. Flexibility to choose the premium payment frequency, from monthly, quarterly, half-yearly, annually.
8. Additional bonuses will add value to your policy.
9. There are 2 plans to choose from - Endowment plan and Endowment with whole life plan.
10. The sum assured:Sum assuredRs. 65, 453No limit, subject to underwriting

1. Free look period of 15 days from the date of receipt of the policy, will be available for the policyholder on returning of the policy if she/he is not agreeable with the terms and conditions. A period of 30 days will be provided if the policy is purchased through distance marketing.
2. Grace period is provided after the premium due date and the policy is still in-force with the risk cover. With the Sampoorn Samridhi Plus, you have a grace period of 30 days for quarterly, half-yearly, and yearly modes from the date your premium is due. If the mode of premium payment is monthly then the grace period is 15 days from the due date.
3. Revival of your policy can be revived within 2 years after payments of all outstanding premiums and taxes.

The Benefits and Advantages You Get With The Sampoorn Samridhi Plus Plan;

1. With you are entitled to get tax benefits as per the Income Tax Act 1961 under sections 80C and section 10 (10D).
2. Maturity benefit at the end of the policy term, and after all premiums have been duly paid you will receive an maturity benefit of:
   1. the sum assured on the maturity of the policy
   2. any accrued guaranteed additions
   3. any accrued reversionary bonuses
   4. interim bonuses (if any)
   5. terminal bonuses (if any)
   6. if you choose the Endowment plan, the policy will automatically terminate at the time of maturity and after the payments have been made.
   7. if you have chosen Endowment with whole life plan the sum assured on maturity will be paid at the time the policy has matured. And the whole life benefit will be paid at the time of death of the life assured after the policy maturity or surviving 100 years whichever is earlier.Rebate on premium rate (per 1000 of sum assured)Sum assured on Maturity4.5Rs. 1, 50, 000 - Rs. 3, 00, 0006Rs. 3, 00, 000 - Rs. 5, 00, 0007.5Rs. 5, 00, 000 and above
3. Reversionary bonus will be declared at the end of every financial year, and get added to the sum assured on maturity and is payable at the time of maturity or death.
4. Terminal bonus is not a guaranteed benefit, it may be added to a policy to pay a fair share at the end of the policy term this is based on the actual experience with the policy term.
5. The death benefit will be payable on the demise of the life assured to the nominee. The higher of the following will be paid
   1. sum assured on death + accrued guaranteed additions + accrued reversionary bonuses + interim bonuses (if any) + terminal bonuses (if any)
   2. 105% of premiums paid till date
   3. 10 times the annual premium for entry age of 50 years and 7 time the annual premium for entry age of above 50 yearsRebate on premium rate (per 1000 of sum assured)Sum assured on Maturity4.5Rs. 1, 50, 000 - Rs. 3, 00, 0006Rs. 3, 00, 000 - Rs. 5, 00, 0007.5Rs. 5, 00, 000 and above
6. Accidental death benefit, in case the life assured has died due to an accident during the policy term then an additional sum will be added to the sum assured and will be payable.
7. High sum assured rebatesRebate on premium rate (per 1000 of sum assured)Sum assured on Maturity4.5Rs. 1, 50, 000 - Rs. 3, 00, 0006Rs. 3, 00, 000 - Rs. 5, 00, 0007.5Rs. 5, 00, 000 and above

1. A loan can be availed for under this policy, provided the policy has attained a surrender value and is at the discretion of the company

The Premium Table: