HDFC Personal Pension Plan
Today, you are busy climbing the ladder of success and realizing your dreams. Today,
time is with you. Just take a moment and think. Will you be able to continue at
the same pace? Will your income be the same forever? Will you be able to live life
on your own terms even after you retire? The HDFC Personal Pension Plan is a ‘With
Profits’ insurance policy that is designed to provide a post-retirement income for
life with the freedom to choose your retirement date.
Features
Please roll over your mouse over circles for explanation.
Advantages
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This plan is designed to provide you a post retirement income for life – You can
choose your premium, the Sum Assured and your retirement date. At the end of the
policy term, you will receive the Sum Assured plus any attaching bonuses, which
will provide you a post retirement income in your golden years
- On your chosen retirement (Vesting) date, you will get the lump sum comprising the Sum Assured plus any attaching bonus.
- You can take up to 1/3rd of your Sum Assured as a tax free cash lump sum
- The rest must be converted to annuity
- You can buy the annuity from us or any other insurer
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For Regular Premium Policy, you can choose to pay your premium as either Annually,
Half-Yearly or Quarterly depending on your convenience. You also have a range of
convenient auto premium payment options
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Tax benefits under sections 80CCC of the Income Tax Act, 1961 subject to the provisions
contained therein
For more details on risk factors, terms and conditions, please read Product Brochure carefully and/or consult Financial Consultant before taking a decision.