Why HDFC Life Wealth Elite is just right for you?
A Non-Participating Unit Linked Individual Life Insurance Plan
The plan suits you, if you aspire to make your money work harder, so that you get to enjoy the exclusive life.
This plan is suitable for investors looking for efficient wealth creation options and wants to ensure higher financial protection for their family as their responsibilities grow.
Choice of 8 fund options
Comprehensive death benefit
The plan suits you, if you aspire to make your money work harder, so that you get to enjoy the exclusive life.
This plan is suitable for investors looking for efficient wealth creation options and wants to ensure higher financial protection for their family as their responsibilities grow.
Choice of 8 fund options
Comprehensive death benefit
Your Plan. Your Benefits
View the benefits available for you
- Maturity Benefit
- Comprehensive Death Benefit
- Investment Strategy
- Charges
- Tax Benefit
Maturity-Benefit
Maturity Benefit
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On maturity, you get an amount equal to the fund value. The plan offers liquidity by allowing partial withdrawals after completion of 5th policy year.
Fund Value as on Maturity date = NAV as on maturity date X Number of Units at maturity
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You can avail your maturity benefit as lump sum or as settlement payout.
Check Eligibility Criteria
ELIGIBILITY CRITERIA
Minimum Entry Age |
0 Years |
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Maximum Entry Age |
65 Years (for standard lives) |
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Maximum Maturity Age |
75 Years |
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Policy Term |
10 to 20 Years |
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Premium Payment Term (PPT) |
Regular PPT: Same as policy term |
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Premium Payment Frequency |
Annual, Half-Yearly, Monthly1 |
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Minimum Premium |
Annual : ₹2,00,000 |
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Minimum Sum Assured |
For age up to 44 years |
For age above 44 years
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1. For monthly mode, maximum 3 monthly premiums will be required to be paid on the commencement of the policy and only automated modes of payment shall be available for future payments.
2. Annualized premium means the premium amount payable in a year, excluding the taxes, rider premiums and underwriting extra premium, if any.
3. Policyholder with entry age 45 years and above has option to choose Sum Assured as 7 or 10 times the annualized premium at inception.
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 Wealth Elite (UIN: 101L154V01) is the name of the Non-Participating Unit Linked Individual Life 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 Wealth Elite (UIN: 101L154V01) 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.
ARN - EU/07/22/28277