HDFC Life Capital Guarantee Solutions

About HDFC Life Capital Guarantee Solution Plan

HDFC Life Capital Guarantee Solution combines a Unit Linked Insurance Plan (ULIP), HDFC Life Click 2 Invest Plus (UIN: 101L178V02), with a Guaranteed Return Plan, HDFC Life Sanchay Fixed Maturity Plan (UIN: 101N142V09). The plan offers a guaranteed maturity benefit, which means that you will receive the full amount of your premiums paid, plus additional benefits when the policy matures. Additionally, your investment will also grow over time with the potential to earn higher returns than traditional debt funds.

Key Features of HDFC Life Capital Guarantee Solution 

The key features of the HDFC Life Capital Guarantee Plan are as follows:

• Guaranteed Capital Protection: Through HDFC Life Sanchay Fixed Maturity Plan (UIN: 101N142V09), the plan provides you a 100% guarantee on the invested capital, ensuring that you receive at least the amount you initially invested, regardless of market fluctuations.
• Attractive Market-Linked Returns: While prioritizing capital protection, this plan also aims to generate attractive returns on your investment through HDFC Life Click 2 Invest Plus (UIN: 101L178V02).
• Flexibility in Investment Term: You have the flexibility to choose among investment terms up to 20 years.
• Flexible-Premium Payment Options: You can choose to pay your premiums annually, semi-annually, quarterly, or monthly. You have the flexibility to choose between Limited Pay, and Regular Pay premium payment options that suit your needs and preferences.
• Lock-in Period: There is a 5-year lock-in period for the Unit Linked Insurance Plan (HDFC Life Click 2 Invest Plus, UIN: 101L178V02) premiums, which means that you cannot withdraw your money from the ULIP portion during this time.
• Inbuilt Life Cover: Your loved ones will be financially protected in the event of your death under both component plans (HDFC Life Click 2 Invest Plus and HDFC Life Sanchay Fixed Maturity Plan).
• Free Switches: HDFC Life Click 2 Invest Plus (UIN: 101L178V02) gives you the flexibility to transfer your money between different funds to maximize your returns. You can make up to 4 free switches in each policy year.
• Partial Withdrawals: You can withdraw up to 60% of the market-linked fund value from your HDFC Life Click 2 Invest Plus (UIN: 101L178V02) policy after the 5-year lock-in period.

Benefits of HDFC Life Capital Guarantee Solution 

Let us learn the major benefits of purchasing an HDFC Life Capital Guarantee Solution Plan:

• 100% Guaranteed Returns: Through HDFC Life Sanchay Fixed Maturity Plan (UIN: 101N142V09), full return on your invested capital is guaranteed. This provides you with peace of mind and protection against market fluctuations.
• High Return on Investment: The plan aims to generate attractive returns on your investment by allocating a portion to the Unit Linked Insurance Plan (HDFC Life Click 2 Invest Plus, UIN: 101L178V02), allowing you to grow your wealth over time.
• Flexibility: You have the flexibility to choose the investment term that suits your needs and goals under both component plans, providing you with a personalized investment strategy.
• Profit from Market-Linked Assets: By participating in the growth of the equity markets through HDFC Life Click 2 Invest Plus (UIN: 101L178V02), you can benefit from potential market upswings, maximizing your returns.
• Tax Benefits: Tax benefits are provided under Section 80C and Section 10(10D) of the Income Tax Act 1961 across both plans. 

Eligibility Criteria for HDFC Life Capital Guarantee Solution Plan

The eligibility criteria for the HDFC Life Capital Guarantee Solution plan are as follows:

• Age: The minimum age for entry into the plan is 18 years, and the maximum age is 50 years.
• Premium Amount: Monthly Rs. 2200 – No Limit
• Sum Assured: The minimum Sum Assured is 7 times to 10 times of Annualised Premium.
• Maturity Benefit: You will get an assured maturity benefit of 100% of the total premiums paid, even if the market value of your investments falls.
• Loyalty Additions: You will get loyalty additions from the end of the 6th policy year onwards under the market linked component (HDFC Life Click 2 Invest Plus, UIN: 101L178V02).

How HDFC Life Capital Guarantee Solution Plan Works? 

Let us learn the working of the HDFC Capital Guarantee Solution from the steps mentioned below:

Step 1: Fill in the following details in the HDFC Life Capital Guarantee Solution Plan Proposal Form as per your financial strategy-

• Choose your sum assured
• Choose your investment amount
• Select your policy term
• Pick your premium payment term
• Select your investment fund(s) and portfolio strategy

Step 2: Your premium will be invested in the funds you select, in the proportions you specify.

Step 3: At the end of the policy term, you will receive the accumulated value of your funds.

Documents Required to Buy HDFC Capital Guarantee Solution Plan

To purchase HDFC Life Capital Guarantee Solution Plan, you may be required to provide the following documents:

Benefits of Buying HDFC Capital Guarantee Solution Plan from Policybazaar

Policybazaar offers you the following benefits for buying the HDFC Capital Guarantee Solution Plan:

• Convenience: You can buy the plan online without having to visit an insurance agent.
• Expert Advice: Policybazaar's experts can help you to understand the terms and conditions of the plan and answer any questions you may have.
• Easy Claim Settlement: Policybazaar makes it easy to file a claim, and their agents will help you to get your claim settled as quickly as possible.
• Dedicated Assistance: On buying a policy from Policybazaar, you get dedicated assistance at the time of maturity.