HDFC Life Sampurn Samridhi Plus Plan Details 2023-24

In this article we will tell you what is HDFC Life Sampoorna Samriddhi Plus Plan?, Features of HDFC Life Sampoorna Samriddhi Plus Plan, Benefits of HDFC Life Sampoorna Samriddhi Plus Plan, Eligibility for HDFC Life Sampoorna Samriddhi Plus Plan, Benefits of HDFC Life Sampoorna Samriddhi Plus Plan Documents Required for HDFC Life Sampoorna Samridhi Plus Plan Premium, How to Buy HDFC Life Sampoorna Samriddhi Plus Plan? Will give information regarding etc.

What is HDFC Life Sampurna Samridhi Plus Plan?

HDFC Life Sampoorna Samriddhi Plus Plan is a non-linked, participating, life insurance plan that offers you the dual benefits of savings and life protection.

In this, you are paid a lump sum at the end of the policy term and get life cover throughout the policy term, which you can extend till the age of 100 years.

HDFC Life Sampurna Samridhi Plus Plan

  • Endowment
  • Endowment with Whole Life

HDFC Life Sampoorna Samriddhi Plus Plan also offers you Guaranteed Addition + Bonus (if any).

HDFC Life Sampoorn Samridhi Plus Plan Features

Following are the features of HDFC Life Sampoorna Samridhi Plus Plan:

  • This plan is available to you in two options (Endowment and Endowment with Whole Life).
  • In this plan, you get the option to extend the life cover up to the age of 100 years.
  • Additional benefit is provided in case of death of the insured person due to accident.
  • Guaranteed Addition + Bonus benefit of 3% to 5% per annum.
  • In this policy you are also provided loan facility.
  • Limited premium payment period option available.
  • Tax benefits are available according to Indian tax laws.
  • There is an option to add riders –
  • HDFC Life Income Benefit on Accidental Disabilities Rider
  • hdfc life critical illness plus rider

HDFC Life Sampoorn Samridhi Plus Plan Benefit

Following are the benefits of HDFC Life Sampoorna Samriddhi Plus Plan-

1.Maturity Benefits:

HDFC Life Sampoorna Samridhi Plus Plan offers the following benefits as maturity benefit to the insured after the completion of the policy term-

  • sum insured on maturity
  • Guaranteed Edition
  • Reversionary bonus
  • interim bonus
  • terminal bonus
Endowment Option-

If you have opted for the endowment option while purchasing the plan, your policy expires after the maturity benefit is provided. After this you are not provided any kind of benefit.

Endowment with Whole Life Option

If you have chosen Endowment with Whole Life Option, then after providing the maturity benefit, your policy continues for the entire life i.e. till the age of 100 years.

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2.Death Benefits:

If the insured person dies accidentally during the policy term, the following benefits are provided to the nominee by the insured person-

  • Sum Assured on Death + Accrued Guaranteed Additions + Accrued Reversionary Bonuses (if declared) + Interim bonus (if declared) + Terminal bonus (if declared)
  • 105% of total premiums paid5 until date

3.Accidental Death Benefits:

If the insured person dies accidentally in an accident during the policy term, an additional benefit in the form of Accidental Death Benefit is provided to the nominee by the insured. This is over and above the death benefit.

4.Tax Benefits:

You can also avail tax benefits in HDFC Life Sampoorna Samridhi Plus plan. In this, you are provided income tax exemption on the premium paid under Section 80C of the Income Tax Act 1961, while the maturity benefit received is provided income tax exemption under Section 10 (10D) of the Income Tax Act 1961.

HDFC Life Sampoorn Samridhi Plus Plan Eligibility

Age at EntryMin- 30 days Max- 60 years 
Age at MaturityMin- 18 years Max- 75 years 
Policy Term (years)Min- 15 years Max- 40 years 
Sum Assured on Maturity Min- RS. 65,463 Max- No Limit

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