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Hdfc Pro Growth Plus vs Icici Pru Signature Plan

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Hdfc Pro Growth Plus vs Icici Pru Signature Plan

Hdfc Pro Growth Plus

HDFC Life ProGrowth Plus is a unit-linked insurance and regular premium plan where the premium is invested in the market, thus providing good returns along with various benefits. This plan offers the flexibility to choose investment funds and regular premiums. The company invests your regular premiu...

Icici Pru Signature Plan

ICICI Pru Signature is a ULIP that combines life cover with wealth creation, helping you protect your family while growing your investments. It provides flexible Wealth Boosters, fund options, Value Benefits, and return-of-premium allocation charges. It adapts to changing life stages, providing disc...

PLAN DETAILS

Hdfc Pro Growth Plus


Icici Pru Signature Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Flexibility to Invest in Funds
  • Regular Premiums
  • Sample Premium Rates
  • Life Cover
  • Wealth Boosters
  • Return of Premium Allocation Charges
Plan Uniqueness
  • Partial withdrawals
  • Redirection of Premium
  • Switching
  • Return of Premium Allocation Charges
  • Systematic Withdrawal Plan (SWP)
Plan Maturity age Maximum Maturity Age - 75 years 99 years
Premium payment term 10 to 30 years Single, Yearly, Half-Yearly, and Monthly
Plan Entry Age Minimum Age - 14 years Maximum Age - 65 years 0-70 years
Sum assured Higher of 10 x annualized premium or 0.5 x policy term x annualized premium 0-39 years- 1.25 X Single Premium 40 and above 40 years- 10 X Single Premium
Premium payment frequency Annual, half-yearly, quarterly & monthly Single, Yearly, Half-Yearly, and Monthly
Plan Sample Premium - ₹5,00,000 p.a.
Plan Brochure Brochure URL Brochure URL
Policy tenure 10 to 30 years 10 to 30 years
Claim Settlement Ratio (2024-25) Minimum Age- 14 year 99.3%

Know More About Plans

HDFC Life ProGrowth Plus is a unit-linked insurance and regular premium plan where the premium is invested in the market, thus providing good returns along with various benefits. This plan offers the flexibility to choose investment funds and regular premiums. The company invests your regular premium and tidal amount of premium allocation charges in the selected fund in the proper proportion as per the policyholder’s specifications. At the end of the policy term, an accumulated amount of funds will be received. In case of an unfortunate death event of the life assured during the policy period, the nominee will be eligible to receive the fund amount or greater sum assured.

In simple words, HDFC Life ProGrowth Plus is a savings-cum-insurance plan that allows the policyholders to create their own investment strategies as well as provide a life cover.

HDFC Life ProGrowth plan comes with a variety of features and benefits, which are designed to provide financial protection to the assured family members when he/she is no longer around. Continue reading to explore more about the plan

HDFC Life ProGrowth Plus Plan offers you a range of benefits including:

why-choose
  • Choice of plan option
  • Switching
  • Redirection of Premium
  • Tax Benefits
  • Smooth and convenient premium paying process
  • Flexibility to plan your investment strategy

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