HDFC Life Smart Woman Plan

You always wanted to make a difference in the lives of your loved ones. This is what gives true happiness. In your own way, you did what it took to keep them happy with their satisfaction always being a priority for you.

Now that you are independent and have complete charge of your finances, some amount of planning can go a long way in fulfilling dreams for yourselves and your loved ones.

Presenting, HDFC Life Smart Woman Plan, a life insurance policy for women that give wings to your aspirations. The plan ensures your savings grow leaving you free to pursue your career and continue making a difference to those around you. It also provided options which cater to specific life events of women with respect to their health, career and marriage.

• Options to choose from 4 funds to suit your risk appetite:
  1. Income Fund: Higher potential returns due to higher duration and credit exposure
  2. Balanced Fund: Dynamic equity exposure to enhance the returns while the debt allocation reduces the volatility
  3. Blue chip Fund: Investments in large cap equities
  4. Opportunities Fund: Investments in mid-cap equities
• You can select any of the 3 Benefit Options, each created to meet specific needs such as:
  1. Pregnancy complications or birth of child with congenital disorder
  2. Diagnosis of malignant cancer of female organs
  3. Death of spouse (Only with Elite option)

• Classic – Under this option you can avail of premium waiver benefit with funding of next 3 years’ premiums.
• Premier – Under this option you can avail of premium waiver benefit with funding of next 3 years’ premiums and periodic cash payouts of 100% of next 3 years’ premiums.
• Elite – Under this option you can avail of premium waiver benefit with funding of next 3 years’ premiums and periodic cash payouts of 100% of next 3 years’ premiums along with coverage for death of spouse.
• Flexibility to choose the sum assured
• Convenience to choose policy tenure of 10/15 years

Disclaimers:

Starting premiums for this plan are Rs. 24000 per year and the plan is available only on an annual mode

^*Subject to provisions, as per Income Tax Act 1961. Tax benefits are subject to changes in tax laws.