Hdfc Life Uday Plan vs Hdfc Life My Assured Income Plan Life Insurance Plan 2026 | PolicyX
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Invest today for a worry-free tomorrow with the HDFC Life Uday Savings Plan for a brighter future.

HDFC Life Uday, from HDFC Life Insurance, is a guaranteed savings plan that offers the dual benefit of wealth creation and family protection. Upon your unfortunate death, your family will receive a lump sum death benefit. If you outlive the policy term, you will receive a maturity benefit. You will also get 3% p.a. guaranteed additions during the first five policy years.

The insurer pays a cash bonus to the policyholder at the end of each financial year. If you do not wish to continue your policy, you can surrender it and receive a Guaranteed Surrender Value (GSV). The plan also offers Auto Cover Continuance, where your death benefit continues for the next year even if you miss a premium payment. HDFC offers a discount on a high sum assured of ₹2 lakhs and above.

HDFC Life Uday is a non-participating, non-linked savings life insurance plan.

HDFC Life Uday Plan offers a range of benefits including:

  • 2 Policy Term Options
  • Tax Benefits
  • Additional Death Benefits
  • Cash bonuses
  • Auto Cover Continuance
  • Discounts
PLAN DETAILS

Hdfc Life Uday Plan

Hdfc Life My Assured Income Plan
Premium Including GST
Key Features
(Key features of the plan)
  • Discount on Sum Assured
  • Guaranteed Additions
  • 2 Rider Benefits
  • Guaranteed income benefits
  • Terminal benefits
  • Life coverage
Plan Maturity age Maximum maturity age: 70 years Maximum Maturity Age - NA
Plan Sum Assured Minimum: 8 years Maximum: 10 years 5 years, 8 years
Plan Entry Age Minimum Age: 18 years Maximum Age: 55 years Minimum Age - 2 years Maximum Age - 60 years
Plan Payment modes Minimum: Rs. 28,465 Maximum: No limit Minimum - NA Maximum - NA
Plan Policy loan Monthly, Quarterly, Half-Yearly, or Annually Monthly, Half-yearly, and Yearly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy Term 12 to 15 years 10 Years, 16 Years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 5 year

* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above life insurance plans using the PolicyX Life Insurance Calculator.

Riders

Benefits of HDFC Life My Assured Income

There are various benefits to buying the HDFC Life My Assured Income Plan. Let’s understand each of them in detail:

  • Income benefitsYou will get income benefits for a certain duration if you buy this plan. It helps you save money to complete your future financial goals or obligations.
  • Terminal benefits Terminal benefits are guaranteed benefits paid to the policyholder at the end of policy tenure. These benefits depend on your age and the income tenure chosen at the start.
  • Life coverageLife is very uncertain; anything can happen at any point in time. This plan offers you life coverage which provides financial protection to your family in the event of your uncertain demise.
  • Policy loanYou can avail a loan against your policy if premiums have been paid for at least two years. The maximum loan amount is 80% of the surrender value, with an interest rate of 9.5% per annum.

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Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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