- Webpages
- Documents
- HDFC Life ClassicAssure PlusInvestment
- HDFC Life ClassicAssure PlusInvestment
- HDFC Life ClassicAssure PlusInvestment
For NRI Customers
(To Buy a Policy)
-
![Contact Image]()
Call (All Days, Local charges apply)
-
![Contact Image]()
Email ID
-
![Contact Image]()
Whatsapp
(If you're our existing customer)
-
![Contact Image]()
Call (Mon-Sat, 10am-9pm IST, Local Charges Apply)
-
![Contact Image]()
Email ID
For Online Policy Purchase
(New and Ongoing Applications)
-
![Contact Image]()
Call (All Days & Toll free)
-
![Contact Image]()
Schedule a call
-
![Contact Image]()
Whatsapp
-
![Contact Image]()
Give missed call to buy a policy
-
![Contact Image]()
Email
Branch Locator
-
![Contact Image]()
Locate a branch
For Existing Customers
(Issued Policy)
-
![Contact Image]()
Whatsapp
-
![Contact Image]()
Call (Mon to Sat, from 10 am to 7 pm, Call charges apply)
-
![Contact Image]()
Email
Fund Performance Check
-
![Contact Image]()
Call (Missed Call)
Features and Benefits of HDFC Life Systematic Retirement Plan
HDFC Life Systematic Retirement Plan a retirement plan that helps individuals secure their financial future and achieve long-term financial goals by providing a steady income stream after retirement.
Start saving today to enjoy a worry-free retirement life. Buy a retirement plan now.
GET A FREE QUOTE
:1800-266-9777
Features and Benefits of HDFC Life Systematic Retirement Plan
Table of Content
Introduction
Retirement is a rite of passage for most individuals, either salaried or those in business. Retirement is a period in an individual’s life when retirees should lie back and enjoy their golden years. Furthermore, it should never be a period when financial concerns bother people. However, due to a lack of proper planning in their earning life, people may find themselves riddled with expenses they can ill afford during retirement. Therefore, HDFC Life Insurance Company brings you HDFC Life Systematic Retirement Plan a retirement plan that helps individuals secure their financial future and achieve long-term financial goals by providing a steady income stream after retirement. Start planning systematically for your retirement today with HDFC Life Systematic Retirement Plan, and you can enjoy a worry-free life tomorrow.
Why and who must buy?
A retirement plan policy is crucial as it ensures financial security during retirement years. However, to make things clearer, saving capital and growing wealth for retirement ensures that you can live the lifestyle you are currently used to. As you may already know, advance retirement planning is of the essence so you collect enough for your financial needs at retirement, and then some. The “then some” includes more than you may require so you can account for inflation and rising costs. After all, the thing that costs a certain amount today may cost you three times as much at retirement. The HDFC Life Systematic Retirement Plan offers a guaranteed lifetime income, while also providing the opportunity to systematically pay limited premium terms.
Who should buy life insurance coupled with a retirement plan? Such a plan is good for anyone who is earning an income while they are young and pay premiums towards a good plan like the HDFC Life Systematic Retirement Plan which is accessible to groups of employers and employees on a group platform, with an entry age-ranging from 45 to 75 years. If you have dependents whose future you want to secure financially, this is a great plan for you.
Features of HDFC Life Systematic Retirement Plan
The HDFC Life Systematic Retirement Plan can be availed by an individual or group and it is a non-linked and non-participating plan. It is classified as a savings deferred annuity plan which provides tax benefits, flexibility to pay premiums at once or over time and receive company bonus with a 4% return on vesting. It also gives you a deferment period to let you live a comfortable lifestyle by providing you with a source of income when you retire. The deferment period allows for delaying premium payments and using the funds elsewhere.
Here are some of its main features:
- Policyholders have the choice to delay receiving annuity payments by selecting a deferment period.
- If policyholders pay premiums regularly, they are guaranteed income for their whole lives, despite premium tenures being limited.
- The annuity may be received once a month, once in three months, once in six months, or once a year.
- Upon the demise of the policyholder, the total amount of premiums is returned.
Benefits of HDFC Life Systematic Retirement Plan
- You can choose either of two plan options - the Life Annuity or the Life Annuity with Return of Premiums
- You get a guaranteed income source for your whole life.
- You can opt to make systematic payments of premiums for a limited period of time from 5 to 15 years.
- You get tax benefits as per the current tax regulations if you avail this plan.
- The plan is flexible as you can choose to pay a premium at one time or systematically over a period.
- You can choose to receive annuity payouts on a different date from the default timeline which is usually paid on the policy anniversary.
Secure Your Future with HDFC Life Systematic Retirement Plan
Securing your family’s financial future should be your priority. If you are currently earning a regular income from any source, it is wise to invest in a retirement plan blended with a life insurance plan. Not only do your beneficiaries get a death benefit, but you get a regular income in the bargain. You also remain worry-free as you are assured that your finances for the future are taken care of.
Related Articles
- Features and Benefits of HDFC Life New Immediate Annuity Plan
- How Much Will You Need Once You Retire?
- Retirement Planning Tips for Small Business Owners
- 5 Tips To Make The Most Out Of Your Retirement
- 5 Mistakes To Avoid After Your Retirement
- Guaranteed Pension Plans - Understand Assured Financial Independence at Retirement
ARN - ED/05/23/1842
Not sure which insurance to buy?
Talk to an
Advisor right away
Advisor right away
We help you to choose best insurance plan based on your needs
Francis Rodrigues
Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.
Written By:
Vishal Subharwal
Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.
Reviewed By:
Here's all you should know about Retirement Plans.
We help you to make informed insurance decisions for a lifetime.
HDFC Life
Reviewed by Life Insurance Experts
HDFC LIFE IS A TRUSTED LIFE INSURANCE PARTNER
We at HDFC Life are committed to offer innovative products and services that enable individuals live a ‘Life of Pride’. For over two decades we have been providing life insurance plans - protection, pension, savings, investment, annuity and health.
Popular Searches
- Best Investment Plans
- What is Term Insurance
- Short term Investment options
- Saving plans
- ULIP Plan
- Health Insurance Plans
- Child Insurance Plans
- Group Insurance Plans
- Long Term Savings Plan
- Fixed Maturity Plan
- Monthly Income Advantage Plan
- BMI Calculator
- Compound Interest Calculator
- Term insurance Calculator
- Tax Savings Investment Options
- 2 crore term insurance
- 50 lakhs term insurance
- annuity plans
- Investment Calculator
- get pension of 30000 per month
- ULIP Returns in 5 Years
- investment plan for 5 years
- investment plan for 10 years
- 50-Lakh Investment Plan
- guaranteed returns plans
- sanchay plans
- Pension plans
- Retirement Calculator
- Pension Calculator
- Money Back Policy
- 1 Crore Term Insurance
- term life insurance
- life insurance
- life insurance policy
HDFC Life Systematic Retirement Plan (UIN:101N143V07) is an Individual/ Group, Non-Participating, Non linked, Savings Deferred Annuity Plan. Life Insurance Coverage is available in this product
