• Webpages
  • Documents
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment

For NRI Customers

(To Buy a Policy)

(If you're our existing customer)

For Online Policy Purchase

(New and Ongoing Applications)

Branch Locator

For Existing Customers

(Issued Policy)

Fund Performance Check

Rate this Product

Unique features offered under HDFC Life Group Unit Linked Future Secure Plan:

A Non-Participating Group Unit Linked Life Insurance Plan

Features of HDFC Life Group Unit Linked Future Secure Plan
  • Flexibility of paying contributions/premiums by the master policyholders into the scheme.

  • Choice of extra allocation for the contributions in the 1st policy year.

  • Market linked investment with capital guarantee return1.

  • In built Sum Assured of Rs. 5,0002.

  • Flexibility of paying contributions/premiums by the master policyholders into the scheme.

  • Choice of extra allocation for the contributions in the 1st policy year.

  • Market linked investment with capital guarantee return1.

  • In built Sum Assured of Rs. 5,0002.

Features of HDFC Life Group Unit Linked Future Secure Plan

Benefits under this Plan:

The benefits offered to the scheme members vary according to the investment plan option.

 

  • Option A – Market Linked
  • Option B – Market Linked with Guaranteed Benefits

Option A – Market Linked

Check your eligibility

Before buying HDFC life Group Unit Linked Future Secure Plan.

ELIGIBILITY CRITERIA

Parameters

Minimum

Maximum

Age at Entry (last birthday)

18 years

75 years

Policy Term

1 year (Annually renewable)

Policy to continue indefinitely  on an annually renewable basis until either the master policyholder wishes to surrender the policy or the  membership term of existing members has expired and there are no new members

Premium Payment Term

Single Pay

There is no contractual regular premium commitment since premiums payment will be based on the funding requirements of the scheme. Additional premium in the form of Top-up premium(s) can be paid, subject to the funding requirement.

Premium

Defined Benefit Schemes: Rs. 1,00,000 per policy

Defined Contribution Schemes: Rs. 500 per member and Rs. 1,00,000 per policy

No Limit

Minimum Sum Assured/Annuity p.a. per Scheme Member

Non Superannuation Schemes

Rs. 5,000

Superannuation Schemes

NIL

Maximum Sum Assured/Annuity p.a. per Scheme Member

Non Superannuation Schemes

Rs. 5,000

Superannuation Schemes

NIL

Maturity Age (last birthday)

19 years

85 years

All ages are calculated as at last birthday. Risk cover starts from date of commencement of policy for all lives.

The Unit Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of fifth year.
HDFC Life Group Unit Linked Future Secure Plan (UIN: 101L185V01) is a Non-Participating Group Unit Linked Insurance Plan. Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. HDFC Life Insurance Company Limited is only the name of the Insurance Company, HDFC Life is only the name of the brand and HDFC Life Group Unit Linked Future Secure Plan (UIN: 101L185V01) is only the name of the unit linked life insurance contract. The name of the company, name of the brand and name of the contract does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.

T&C

  1. This is optional on contributions made net of benefit payments subject to a waiting period of 2 years.
  2. In addition to the death benefit in the investment option selected for Non Superannuation Schemes.

ARN - PP/10/23/5855