HDFC Life Sampoorna Jeevan

On inception of policy, you need to choose between the two plan variants:

 Sampoorna Jeevan 75 – Under this variant, policy matures at the end of 25, 30, 35, 40 years or at age 75 years as per the benefit combination chosen

Sampoorna Jeevan 100 – Under this variant, policy matures at the end of 25, 30, 35, 40 years or at age 100 years as per the benefit combination chosen

Life cover for entire Policy Term

Life Insurance Cover Amount = ( Higher of 10 times¹ the annualized premium OR Basic Sum Assured OR 105% of the total premiums received up to the date of death ) + Applicable Bonuses

You can choose to pay premiums for 6, 8, 10, 12 or 15 years while enjoying the life cover over chosen policy term.

You can avail Guaranteed Regular Income or Lump Sum Payouts or Both

Guaranteed Benefits are a fixed percentage of the Basic Sum Assured payable as per the payout frequency chosen or on maturity basis the option chosen. At inception of policy, you have to select one of the four available Guaranteed Benefit Options explained below :

Guaranteed Benefit Option, once chosen at inception cannot be changed later during policy term.

On inception of the policy, you can choose to avail one of the 5 bonus options.

The Bonus may be declared annually at the end of each policy year as a percentage of Basic Sum Assured.

Paid-up Additions: If you opt for bonus option 3 or 4, you will have the option to receive Cash Bonus, if declared, as cash payouts or utilize it to purchase Paid-up Additions. Paid-up Additions are additional benefits that you purchase with Cash Bonus, if declared, and can encash them as per the need. If not encashed earlier, these get accumulated and are payable at the end of Policy Term or on earlier death of surrender of the Policy.

Bonus Option, once chosen at inception cannot be changed later during policy term

You save taxes¹ on the premiums paid towards the policy U/S 80C and on the survival and maturity payouts U/S 10(10D) of the Income Tax Act, 1961.

Premium Discount: This plan rewards you with a premium discount if you pay higher premium amount.

Loan Benefit: You have the flexibility to take a loan against your Policy in case of financial emergencies. Loan provisions are subject to Policy Terms and Conditions.