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What is HDFC SL ProGrowth Flexi plan?

What is HDFC SL ProGrowth Flexi plan?

HDFC SL ProGrowth Flexi Plan is a Unit Linked Insurance plan providing market participation and with two different life cover options to suit specific needs. Best Investment Plans. Guaranteed Tax Savings. Under sec 80C & 10(10D)

What is the benefit of HDFC SL ProGrowth Flexi?

The HDFC SL ProGrowth Flexi gives:  Valuable financial protection to your family in case you are not around.  Flexible additional benefit options.  Opportunity to invest in a choice of funds. In this plan you can choose your premium and the investment fund(s).

How can I check my HDFC Life Insurance status online?

How to Check the HDFC Life Policy Status?

  1. Visit the official website of the ‘HDFC Life’ and click on the tab ‘Customer Service Section’.
  2. Under the ‘Customer Service Section’ tab click on the ‘My Account’.

Can I surrender HDFC Life policy?

Surrender Policy Reason(s) for policy surrender and the surrender form needs to be submitted at the nearest HDFC Life Insurance branch, along with the following documents: Original policy documents. Canceled cheque with the policyholder’s name on it.

How do I close HDFC SL Progrowth Flexi?

You stop paying the premium after 5 years – If the policy holder stops paying the premium after 5 years, then the accumulated policy fund amount till the date of discontinuance shall be paid to the policy holder and the policy will terminate immediately.

How do you calculate surrender value of an insurance policy?

The paid-up value is calculated as original sum assured multiplied by the quotient of the number of paid premiums and number of payable premiums. On discontinuing a policy, you get special surrender value, which is calculated as the sum of paid-up value and total bonus multiplied by surrender value factor.

How can I surrender my HDFC Life policy online?

Contact Details

  1. Call: 1860 267 9999.
  2. Telephone Number: (022) 67516666.
  3. Email ID: [email protected] (in India) / [email protected] (outside India)
  4. Mailing Address: Registered Office: HDFC Life Insurance Company Limited, Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011.

How do I cancel my HDFC Life Insurance policy Online?

Online Buy Support

  1. Call (All Days, from 9 am to 9 pm, Toll free) 1800-266-9777.
  2. Request call back (Missed Call) 1800-315-7373.
  3. Call (For NRI customers, All Days, Local charges apply) +91-8916613503.
  4. Email [email protected].

How can I surrender HDFC Life Progrowth plus policy?

Policy Termination or Surrender Benefit: Policyholder of HDFC Progrowth Plus is allowed to surrender the policy after 5 completed years. If surrendered before 5 years, the fund value net of discontinuation charge will be credited to the Discontinued Policy Fund where it will earn a minimum of 4% p.a. growth.

What are benefits of HDFC progrowth flexi plan?

HDFC SL ProGrowth Flexi Plan is a Unit Linked Insurance plan providing market participation and with two different life cover options to suit specific needs It is a unit linked plan with Regular Pay option which can be converted to limited pay Extra Life Option – Death Benefit + Accidental Death Benefit

Which is the best Ulip for HDFC Life Insurance?

HDFC SL ProGrowth Super II is a smart savings-cum-insurance unit linked plan that will help you to provide the finest for your family, be it today or tomorrow. This ULIP aims to help you achieve long term savings.

What happens to discontinued policy in HDFC Life?

If surrendered before 5 years, the fund value net of discontinuation charge will be credited to the Discontinued Policy Fund where it will earn a minimum of 4% p.a. growth. After completion of 5 years, the fund value in the Discontinued Policy fund as on that date will be paid to the policyholder.

What’s the minimum premium for HDFC Bank Flexi plan?

Choose from two plan options: Depending upon the Sum Assured that you choose, minimum premiums are: ₹ 2,500 for monthly premium, ₹ 10000 for half yearly ₹ 24,000 yearly Enjoy flexibility to change premium term above minimum term