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HDFC Sanchay Plus
Achieving personal milestones is crucial for securing your future. These milestones often come with added responsibilities, expenses, and the financia...
Unique Features
- Guaranteed Benefits
- Death Benefits
- Sample Premium Rates
HDFC Investment Plans
HDFC Assured Gain Plus
HDFC Life Assured Gain Plus is a non-linked participating savings life ...Read More
🛡️ IRDAI Approved
⭐ 4.6/5 · 924 reviews
📊 80 years solvency ratio
✅ Minimum Age - 5 year% claim settlement ratio
🌐 Annual, half-yearly,+ pan-India
About HDFC Assured Gain Plus
A quick read on what this HDFC Investment Plans term plan covers and why it might be a fit for you.
HDFC Life Assured Gain Plus is a non-linked participating savings life insurance plan offering financial protection to your family after your demise and a saving component to help you plan your finances for the future.
This plan gives you exclusive features such as:
- Coverage for the full policy term while you pay for just five years.
- Guaranteed sum assured on maturity.
- Increasing sum assured through bonuses.
- Rider protection for enhanced coverage.
Eligibility Criteria for HDFC Assured Gain Plus
Entry age
Min- 3 years, Max- 65 years
Maturity age
Maximum Maturity Age- 80 years
Policy tenure
12, 15 years
Premium payment term
Limited, Single
Premium payment frequency
Monthly, Quarterly, Half-Yearly or Annually
Sum assured
No limit
Pros & cons
A quick honest summary — the strengths and the trade-offs.
Pros
- Limited premium payment term
- Guaranteed sum assured
- Terminal Bonus Benefit
Cons
- Suicide within 12 months not covered
- Consumption of any intoxicants
- Death due to any aviation accident
- Death due to adventurous sports
Who can buy this plan
Eligibility criteria pulled straight from the policy wording.
Minimum entry age- 3 years
Maximum entry age- 65 years
Sum assured- No limit
Maximum policy term- 15 years
Waiting Periods for HDFC Life Assured Gain Plus
Investment plans like HDFC Life Assured Gain Plus typically do not have general waiting periods for benefits to commence, unlike health insurance plans.
However, a standard exclusion related to a waiting period is the suicide clause:
- Suicide Exclusion: If the life insured commits suicide within 12 months from the policy commencement date or revival date, the policy will not cover the death benefit. In such cases, the nominee will receive a certain percentage of premiums paid or the surrender value, as per policy terms.
Benefits of HDFC Assured Gain Plus
How to Calculate Premiums for HDFC Life Assured Gain Plus
The premium for HDFC Life Assured Gain Plus depends on several factors, including your age, desired sum assured, policy term, and premium payment frequency. You can calculate your premium by: Using the online premium calculator available on PolicyX.com or HDFC Life's official website. Contacting a financial advisor from PolicyX.com for a personalized quote.
Benefits of HDFC Life Assured Gain Plus
There are various benefits to buying the HDFC Life Assured Gain Plus. Let’s understand each of them in detail: Death benefit: Upon the unfortunate death of the life insured during the policy term, HDFC Life Assured Gain Plus will pay the nominee: Sum Assured on death. Applicable Guaranteed Terminal Additions. Vested Simple Reversionary Bonus, if declared. Terminal Bonus, if declared. Maturity benefit: Upon the completion of the policy term, survival benefits will be paid as follows: Sum Assured on Maturity + Applicable Guaranteed Terminal Additions + Vested Simple Reversionary bonus, if declared + Terminal Bonus, if declared. Guaranteed terminal addition: Guaranteed terminal addition is the amount that adds up to your sum assured starting in the policy's 5th anniversary year. Reduced Paid-Up: The policy will be converted into a Reduced Paid-Up policy automatically if you stop paying premiums once your policy has acquired a surrender value. The payout benefit on death/maturity is estimated by dividing the premiums paid by the premiums payable under the policy.
Features of HDFC Assured Gain Plus
Key features that make HDFC Assured Gain Plus stand out.
Policy Portability for HDFC Life Assured Gain Plus
Investment plans like HDFC Life Assured Gain Plus typically do not offer portability features in the same way health insurance policies do. Portability usually refers to the option of transferring your policy to another insurer while retaining benefits like waiting period credits. For life insurance and investment plans, policyholders generally cannot port their existing policy to a different company. If you wish to switch insurers, you would need to surrender your current policy and purchase a new one, subject to the terms and conditions of both policies.
Documents Required for HDFC Assured Gain Plus
Keep these documents handy when applying for HDFC Assured Gain Plus.
Photo ID Proof
Any one of the following: Passport, Aadhaar card, PAN card, Driving license.
Age Proof
Any one of the following: Passport, Aadhaar card, PAN card, Driving license.
Address Proof
Any one of the following: Utility bill, passport, voter ID, ration card.
Medical Records
Medical records of the policyholder, if requested.
Income Proof
Any one of the following: Bank statement, last three months' salary slips (if you are salaried).
Exclusions of HDFC Life Assured Gain Plus Plan
- Suicide within 12 months of the policy purchase is not covered.
- Consumption of any intoxicants.
- Death due to any aviation accident.
- Death due to any adventurous sports.
Other Features of HDFC Assured Gain Plus
Here are the key features of the HDFC Assured Gain Plus.
Plan At a Glance
| What’s Good Here | What’s Missing |
| Guaranteed Maturity Benefit | No Paid Up Benefit |
| Additions | No High Sum Assured Rebate |
| Guaranteed Death Benefit | No Auto Cover Continuance |
| Premium Discount | No Single Pay |
In a nutshell
If you still have any doubts or queries regarding the HDFC Life Assured Gain Plus or need a human touch, you can contact us using the following details. A certified financial advisor from policyx.com will get in touch with you soon.
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FAQs: HDFC Assured Gain Plus
The 5 most-asked questions about HDFC Assured Gain Plus, answered.
The minimum age to buy HDFC Life Assured Gain Plus is 40 years.
You can expect between 4 to 8 percent return on this plan.
Yes, the premium payment term of this plan is fixed for 5 years.
Yes, a policy loan is available in this plan.
The minimum monthly premium of this plan is Rs. 3000/-.
Written and reviewed by
PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.
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