HDFC Life ULIP Plans

HDFC Life ULIP Plans represent a unique blend of insurance and investment, providing individuals with a comprehensive financial solution. These Unit Linked Insurance Plans (ULIPs) not only offer life protection but also the opportunity to invest in a range of market-linked funds.

Read more
Best ULIP Plans
  • Guaranteed Tax Savings

    Guaranteed Tax Savings^

    Under sec 80C & 10(10D)
  • savings

    ₹1 Crore

    Invest ₹10k Per Month*
  • Zero LTCG Tax

    Zero LTCG Tax^

    Unlike 10% in Mutual Funds

Top performing plans with High Returns*

Invest ₹10K/month & Get ₹1 Crore returns*

+91
Secure
We don't spam
View Plans
Please wait. We Are Processing..
Your personal information is secure with us
By clicking on "View Plans" you agree to our Privacy Policy and Terms of use #For a 55 year on investment of 20Lacs #Discount offered by insurance company
Get Updates on WhatsApp
We are rated~
rating
6.7 Crore
Registered Consumers
51
Insurance Partners
3.4 Crore
Policies Sold
Large Cap
Mid Cap
Balanced
Debt
Fund Details
Fund Size
NAV
5 Year
7 Year
10 Year
Blue Chip Fund
Fund Size: 8,730 Cr
8,730 Cr
43.91 0.40%
15.02%
13.77%
15.28% Highest Returns
Get Details
Fund Details
Fund Size
NAV
5 Year
7 Year
10 Year
Opportunities Fund
Fund Size: 35,480 Cr
35,480 Cr
65.24 -0.02%
19.38%
15.19%
19.81% Highest Returns
Get Details
Fund Details
Fund Size
NAV
5 Year
7 Year
10 Year
Balanced Fund
Fund Size: 7,297 Cr
7,297 Cr
34.7 0.17%
11.52%
10.45%
12.09% Highest Returns
Get Details
Fund Details
Fund Size
NAV
5 Year
7 Year
10 Year
Liquid Fund
Fund Size: 72 Cr
72 Cr
72.74 -0.01%
4.39%
4.71%
5.59% Highest Returns
Get Details
grow your wealth

Grow Your Wealth!

Best ULIP Funds - Consider the best performing ULIP funds to invest in 2024 with Policybazaar. Find the list of best ULIP funds in India on the basis of Returns, Latest Nav, Fund Size and Categories

Data source : value research

Returns as on 15-04-2024. The returns are the returns of best-performing fund in the plan

Introduction to HDFC Life ULIP Plan

The HDFC Life ULIP Plan is a financial product offered by HDFC Life Insurance. The plan provides flexibility, allows you to switch between funds, and allocates premiums according to your financial goals. ULIPs offer a dual benefit of life protection and wealth creation, which makes them a comprehensive financial solution.

Features of HDFC Life ULIP Plan:

  • Flexible Investment Options: Allows you to choose from a variety of investment funds based on your risk tolerance and financial goals.

  • Market-Linked Returns: Returns are linked to the performance of selected funds in the financial market.

  • Premium Allocation Charges: Applicable charges for allocation of premiums towards investment funds.

  • Partial Withdrawal: Allows partial withdrawal of funds after completion of the lock-in period of 5 years.

  • Top-up Premiums: Option to make additional premium payments to enhance investment.

  • Switching Option: Allows you to switch between funds based on market conditions or changing risk preferences.

  • Tax Benefits: Eligible for tax benefits under Section 80C and Section 10(10D) of the Income Tax Act, 1961.

  • Death Benefit: Provides a lump sum or periodic payment in case of your demise.

  • Maturity Benefit: Receives the fund value on policy maturity, subject to terms and conditions.

  • Option to Enhance Sum Assured: Offers the flexibility to increase the sum assured at certain policy intervals.

Types of HDFC Life ULIP Plan

HDFC offers different types of ULIPs under different types of plans, like pension plans, child plans, savings plans, and investment plans; key details of some of them are mentioned below:

HDFC Life ULIP Plan Entry Age Maximum Maturity Age Premium Payment Term (PPT) Policy Term (PT) Minimum Monthly Premium (in Rs.) Tax Benefits under the Income Tax Act, 1961
HDFC Life Smart Protect Plan 30 days - 60 years 100 years Limited Pay: 5 to 12 years;
Regular Pay: 25 to 40 years
25 - 40 years Limited Pay (5 & 6 years): Rs. 4,500;
Others: Rs. 3,000 per month
Section 80C and Section 10(10D)
HDFC Life Sampoorn Nivesh 5 Pay: 30 days - 56 years;
Other than 5 Pay: 30 days - 65 years
18 - 85 years Single; Limited: 5 to 10/ 12/ 15/ 20 years; Regular Single: 10/ 15 to 35 years;
Limited/ Regular: 85 - Entry Age
Rs. 1,000 Section 80C and Section 10(10D)
HDFC Life ProGrowth Plus 30 days - 65 years 75 years Limited Pay: 5/ 7/ 10/ 12 years
Regular Pay: Same as PPT
10 - 30 years Rs. 2,500 Section 80C and Section 10(10D)
HDFC Life Click 2 Wealth 30 days - 60 years 18 - 75 years Single Pay; Limited: 5/ 7/ 10 years
Regular: 10 - 40 years
10 - 40 years Rs. 1,000 Section 80C and Section 10(10D)
HDFC Life Click2Invest ULIP 30 days - 65 years 18 - 75 years Single Pay;
Limited: 5 - 10 years
Regular: 5 - 40 years
5 - 40 years Rs. 1,000 Section 80C and Section 10(10D)
HDFC SL ProGrowth Super II 14 - 65 years 75 years 5 years to Same as Policy Term 10 - 30 years Rs. 1,250  Section 80C and Section 10(10D)
HDFC SL Crest 14 - 55 years 65 years 5 years 10 years Rs. 50,000 lump sum Section 80C and Section 10(10D)
HDFC SL ProGrowth Flexi 14 - 65 years 75 years 10 - 30 years 10 - 30 years Rs. 2,500 Section 80C and Section 10(10D)

Let us take a look at the different types of ULIP plans offered by HDFC Life in detail.

  1. HDFC Life Smart Protect Plan

    The HDFC Life Smart Protect Plan is a unit-linked insurance plan (ULIP) that offers both protection and long-term savings benefits. 

    Key Features of HDFC Life Smart Protect Plan:

    • Enhanced Returns on Charges: You can experience a return of 2X to 3X on Mortality Charges from the 11th policy year onwards, which ensures value addition to your fund.

    • Premium Allocation Charge Refund: It allows you to enjoy a refund of 2X Premium Allocation Charge from the 10th to 13th policy years. This helps in boosting your overall returns.

    • Fund Management Charge Rebate: You receive a refund of the Fund Management Charge (FMC) on maturity. It allows you to maximise your investment gains.

    • Investment Guarantee Charge Return: You can get back 2X of the Investment Guarantee Charge upon maturity. This enhances your overall investment outcome.

      People also read: HDFC Life Midcap Momentum NFO

  2. HDFC Life Sampoorn Nivesh Plan

    HDFC Life Sampoorn Nivesh Plan is an insurance cum investment plan that combines the security of insurance with the growth potential of investments. 

    Key Features of HDFC Life Sampoorn Nivesh Plan:

    • Accidental Death Coverage: If the insured faces accidental death, the plan provides an extra sum assured to the nominee for added financial protection.

    • Loyalty Additions: The plan boosts your fund value with Loyalty Additions after 10 years. This helps in enhancing your overall returns.

    • Free Policy Flexibility: You can enjoy the freedom of 4 free Fund Switches and Future Premium Redirection in a policy year. These features give you control over your plan.

    • Financial Flexibility: You have the option to make partial withdrawals from your funds to meet financial emergencies.

  3. HDFC Life ProGrowth Plus Plan

    HDFC Life ProGrowth Plus is a unit-linked insurance plan (ULIP) that offers life insurance coverage and the potential for market-linked returns. 

    Key Features of HDFC Life ProGrowth Plus Plan:

    • Diverse Fund Options: You can choose from 10 funds based on your risk tolerance and investment preferences.

    • Accidental Death Benefit: In the unfortunate event of accidental death, an additional sum assured is paid to the nominee.

    • Tax Advantages: You can enjoy tax benefits under sections 80C and 10(10D) of the Income Tax Act 1961.

    • Partial Withdrawal Option: ProGrowth Plus allows you to make partial withdrawals in need of an emergency.

    Invest more and Get more with ULIP Plan Invest more and Get more with ULIP Plan

    People also read: What is ULIP

  4. HDFC Life Click 2 Wealth Plan

    HDFC Life Click 2 Wealth Plan is a unit-linked insurance plan (ULIP) that combines the dual benefits of life insurance coverage and the potential for wealth creation through market-linked investments.

    Key Features of HDFC Life Click 2 Wealth Plan:

    • Diverse Investment Options: You select from 11 funds and enjoy unlimited free switches to optimise your investment strategy.

    • Special Premium Addition: You can avail of the benefit from a 1% premium addition to your fund for the initial 5 years. This gives your investment a valuable boost.

    • Premium Waiver Option: The plan allows you to choose security for your loved ones – with the premium waiver option. 

    • Post-Retirement Income: You can plan for your post-retirement life by opting for systematic withdrawal from your funds.

  5. HDFC Life Click2Invest ULIP Plan

    HDFC Life Click2Invest ULIP is a unit-linked insurance plan (ULIP) that offers market-linked returns along with life insurance cover. 

    Key Features of HDFC Life Click2Invest ULIP Plan:

    • Tailored Investments: You can pick from 11 fund options that align with your investment preferences for a personalised approach.

    • Flexible Payouts: The plan provides your fund value at maturity or in periodic instalments, as per your specific financial needs.

    • Premium Flexibility: The plan allows you to choose how you pay. You can opt for regular premiums or go for a limited period of 5, 6, 7, 8, 9, or 10 years. Alternatively, you can make a one-time payment with the Single Pay option.

    • Emergency Fund Access: The plan empowers you to face your financial emergencies with confidence. You can exercise the option to make partial withdrawals from your funds when needed.

  6. HDFC SL ProGrowth Super II Plan

    HDFC Life ProGrowth Super II is a unit-linked insurance plan (ULIP) that blends life insurance coverage with the potential for market-linked returns.

    Key Features of HDFC Life ProGrowth Super II Plan:

    • Accidental Coverage Boost: If an accidental death occurs, your nominee receives an extra sum assured. This adds an additional layer of protection.

    • Critical Illness Benefit: You can receive the combined value of your Sum Assured and Unit Fund if diagnosed with a Critical Illness. 

    • Annual Support for Disability: In the unfortunate event of an Accidental Total and Permanent Disability, you get 10% of the Sum Assured annually to help manage ongoing expenses.

    • Emergency Withdrawals: You can secure your financial well-being by making partial withdrawals from your funds in times of unforeseen financial emergencies.

  7. HDFC SL Crest Plan

    The HDFC Life SL Crest plan is a Unit Linked Insurance Plan (ULIP) that combines the security of life insurance with the potential for market-linked returns.

    Key Features of HDFC Life SL Crest Plan:

    • Smart Investment, Limited Commitment: You have to pay premiums for just 5 years and enjoy market-linked returns with life protection for a decade. 

    • Diverse Investment Options: You can choose from 10 fund options to tailor your investment strategy according to your preferences and goals.

    • Flexible Life Coverage: The plan allows you to opt for a sum assured up to 20 times your annual premium. 

    • Enhanced Protection in Unforeseen Events: In the unfortunate event of your demise during the policy term, your nominee receives the higher of the Sum Assured or the fund value. It ensures enhanced protection for your loved ones.

  8. HDFC SL ProGrowth Flexi Plan

    The HDFC Life ProGrowth Flexi Plan is a Unit Linked Insurance Plan (ULIP) designed to provide financial security and the potential for market-linked growth. It caters to individuals seeking flexibility, choice, and the opportunity to build wealth alongside life cover.

    Key Features of HDFC Life ProGrowth Flexi Plan:

    • Extra Protection for Accidents: The plan provides you with an additional sum assured in the event of accidental death. This enhances your coverage for unforeseen circumstances.

    • Diverse Fund Choices: You can choose from 10 fund options. This allows you to tailor your investments based on your preferences and financial goals.

    • Flexible Life Coverage: You can choose a sum assured of up to 40 times your annual premium. 

    • Financial Emergency Support: You can exercise the option to make partial withdrawals from your funds.

    Invest in high growth ULIP Plans Invest in high growth ULIP Plans
  9. HDFC Life Smart Woman Plan

    HDFC Life Smart Woman Plan is a unique insurance-cum-investment plan designed specifically for women, offering comprehensive protection and financial security throughout various life stages. 

    Key Features of HDFC Life Smart Woman Plan:

    • Diverse Fund Selection: You can select from 4 fund options to tailor your investment strategy according to your financial goals.

    • Premium Waiver for Life's Challenges: The plan helps you experience peace of mind as it waives your future premiums in situations like pregnancy complications, birth of a child with congenital disorders, malignancy in female organs, or the loss of your spouse.

    • Compassionate Returns in Tough Times: You receive returns when facing challenges such as complications related to motherhood, battling cancer, or dealing with the loss of your spouse.

    • Flexible and Generous Coverage: You can enjoy a sum assured of up to 40 times your annualised premium, providing substantial coverage to meet your life's changing needs.

    People also read: ULIP Calculator

  10. HDFC Life Classic One Plan

    The HDFC Life Classic One Plan is a Unit-Linked Insurance Plan (ULIP) that offers a single premium plan, which means that you pay a one-time premium at the beginning of the policy term.

    Key Features of HDFC Life Classic One Plan:

    • Versatile Coverage Options: You can choose between Single and Joint Life cover. The Joint Life option extends coverage to relationships like spouse, child, parent, grandparent, or co-borrower.

    • Unrestricted Fund Switching: You can enjoy the flexibility of unlimited free switching between our 11 funds. It empowers you to adapt your investments to changing market conditions.

    • Ample Coverage at Affordable Rates: You can secure coverage of up to 10 times your single premium. This helps in providing substantial protection at affordable rates.

    • Rewards for Loyalty: The plan provides you loyalty additions to your fund value after completing 10 policy years. This enhances the value of your investment over time.

  11. HDFC Life Capital Shield Plan

    HDFC Life Capital Shield is an investment-cum-insurance plan that combines the growth potential of unit-linked investments with the security of life insurance. It caters to individuals seeking to build wealth while safeguarding their loved ones financially.

    Key Features of HDFC Life Capital Shield Plan:

    • Flexible Premium Payment Options: You can choose to pay your premium just once or for a short 5-year period and stay insured thereafter. 

    • Loyalty Rewards from Year 6: You can avail of loyalty additions starting from the 6th year, which enhances the value of your investment over time.

    • Assured Maturity Benefits with Potential Returns: The plan allows you to secure guaranteed maturity benefits while enjoying the potential for higher returns on your payments.

    • Tailored Investment Choices: You can customise your investment strategy by choosing between debt or equity funds based on your specific financial goals and risk tolerance.

  12. HDFC Life Wealth Builder Plan

    The HDFC Life Wealth Builder Plan is a single premium Unit Linked Insurance Plan (ULIP) that offers you the option to pay a one-time lump-sum amount and the flexibility to choose a maximum life insurance cover of 10 times the single premium.

    Key Features of HDFC Life Wealth Builder Plan:

    • Complete Financial Solution: You can consider this plan if you seek a plan that safeguards your family financially in your absence while building a savings corpus over 5 or 10 years.

    • Single Premium Payment Options: The plan offers you the convenience of paying just one premium. You can choose a policy maturity of either 5 or 10 years to tailor it to your preferences.

    • Diverse Fund Choices with Free Switching: You can choose from 8 unit-linked funds and benefit from unlimited free switches. 

    • Mortality Charges Refund: You can receive a refund of 50% of mortality charges upon maturity for a 10-year policy term. 

  13. HDFC Life Wealth Elite Plan

    HDFC Life Wealth Elite Plan is a unit-linked insurance plan (ULIP) that offers market-linked returns along with life insurance cover. It is designed for High-Net-worth Individuals (HNIs) who are looking for a long-term wealth creation solution.

    Key Features of HDFC Life Wealth Elite Plan:

    • Efficient Wealth Creation: This plan is ideal for investors seeking effective wealth creation with a focus on higher financial protection as family responsibilities increase over time.

    • Diverse Fund Selection: You can choose from 8 fund options. It allows flexibility to align your investments with your financial goals and risk tolerance.

    • Complete Death Benefit Coverage: The plan provides you with comprehensive death benefits. This ensures robust financial protection for your family and provides peace of mind as your responsibilities evolve.

  14. HDFC Life Wealth Maxima Plan

    HDFC Life Wealth Maxima Plan is a unit-linked insurance plan (ULIP) that offers the dual benefit of life insurance and wealth creation. It provides flexibility to choose from 3 plan options with different levels of life cover and investment growth potential. 

    Key Features of HDFC Life Wealth Maxima Plan:

    • Tailored Plans for Every Life Stage: The plan offers you 3 plan options that are designed to meet your specific life stage needs.

    • Full-Spectrum Life Coverage: You can enjoy a comprehensive life cover that provides robust protection. It gives you and your loved ones peace of mind.

    • Adaptable Investment Strategies: The plan provides you with 3 investment strategies. They allow you to tailor your portfolio based on your individual risk appetite and financial goals.

    • Systematic Equity Benefits: You can leverage a systematic investment option to capitalise on the potential of equity markets.

Steps to Buy HDFC Life ULIP Plan from Policybazaar

The key steps you need to follow to purchase an HDFC Life ULIP Plan through Policybazaar are as follows:

Step 1: Visit the Policybazaar website:

Go to the official website of Policybazaar and click on the 'ULIP Plans' option on the homepage.

Step 2: Enter your details:

You will be prompted to enter some basic details like your name, date of birth, mobile number, email ID, and other relevant information. 

Step 3: Compare plans:

Once you have entered your details, you will be shown a list of ULIP plans from different insurance companies. You can compare the plans based on various factors such as premium amount, sum assured, maturity benefits, and fund performance.

Step 4: Choose a plan:

After comparing the plans, select the HDFC Life ULIP plan that best suits your needs.

Step 5: Get a quote:

Enter the policy term, sum assured, and premium payment term to get a quote for the plan.

Step 6: Make a payment:

If you are happy with the quote, you can make a payment online using your debit card, credit card, or net banking.

Step 7: Policy documents:

Once your payment is processed, you'll receive the policy documents via email.

HDFC Life ULIP Plans - FAQs

  • What is ULIP in HDFC Bank?

    In HDFC Bank, ULIP stands for Unit Linked Insurance Plan. It is a type of financial product that combines life insurance coverage with the opportunity for market-linked investment returns. This means you get:
    • Insurance protection: A portion of your premium goes towards building a life insurance cover for your beneficiaries in case of an unfortunate event.

    • Investment potential: The remaining portion of your premium is invested in various market-linked funds like equity, debt, or a mix, depending on your risk appetite and financial goals. These funds can potentially grow your wealth over time.

  • Is the HDFC ULIP Plan good for 5 years?

    Whether an HDFC ULIP plan is good for 5 years depends on several factors, including your investment goals, risk tolerance, and the specific plan features.

    Pros of a 5-year HDFC ULIP:

    • A 5-year ULIP can be a good option if you have a short-term financial goal like buying a car or funding a vacation

    • You gain access to market-linked investment returns through equity and debt funds, potentially outperforming traditional savings accounts.

    • HDFC ULIPs offer flexibility in premium payment frequency and fund switching, allowing you to adjust your investment strategy based on market conditions.

    • You can avail tax deductions under sections 80C and 10(10D) on your premium payments, depending on the plan.

  • What is the interest rate of the HDFC ULIP Plan?

    ULIPs do not offer a fixed interest rate like traditional savings accounts or fixed deposits. They are market-linked investment products, and their returns depend on the performance of the underlying funds you are choosing to invest. As of January 2024, the HDFC Life ULIP Plan offers 5-year annualised returns between 12% and 21% p.a.
  • What is the return of the HDFC ULIP Plan in 10 years?

    The HDFC ULIP Plan offers 10-year annualised returns between 10% and 19% p.a.
  • How to pay premium? What are the modes of payment available?

    You can pay your HDFC Life Insurance premium through ANY these following methods:

    • ECS SYSTEM
    • Bill Pay – EBPP (Electronic Bill Presentment and Payment)
    • Drop box
    • YES /AXIS Bank debit card
    • Bill pay-EBPP(Electronic bill presentment and payment)
    • Cash/Cheque Payments
    • NEFT

    For paying premium online, please visit e-portal.

    Step 1: Enter your policy details – policy number and policyholders date of birth

    Step 2: Pay from your debit/ credit card or select your online bank account to make the payment

    Step 3: Authenticate and confirm your payment details and receive online premium payment receipt

  • How can I check policy status for HDFC Life ULIP plans?

    You can check policy status online, if you are a registered user. Simply log into the e-portal with your Client ID and password to check the policy status.

  • What is the policy renewal process for HDFC Life ULIP plans

    Renew your policy online. Here are the steps;

    Step 1: Login with your customer ID and password on

    Step 2: Select the policy due for renewal payment. Click Pay Renewal Premium Now

    Step 3: Choose payment option- Credit/Debit Card or NEFT

    Step 4: Authenticate and confirm your payment details and print the payment receipt

  • What is the company’s process to settle claim for HDFC Life ULIP plans

    For HDFC Life Insurance policyholders, Cashless facility is permitted in case of hospitalization or surgery. For others the process is as follows;

    Step 1: Duly fill the claims form

    Step 2: Attach the relevant documents- medical bills, reports, accident report- with your claims form

    Step 3: Submit the documents at the Claims Office at any of your nearest HDFC branch in your city

    Alternatively, you can post it at their registered headquarter:

    HDFC Standard Life Insurance Company Ltd.Lodha Excelus, 13th Floor Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai – 400011, Maharashtra, India.

  • What is the policy cancellation process for HDFC Life ULIP plans

    Policyholders must attach all the relevant policy documents along with a duly filled surrender form at any of the branch locations in their city. Within 72 hours, the refund will be made into your bank account, post deducting cancellation charges, stamp duty (if any), and medical tests.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Tax benefit is subject to changes in tax laws
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^The tax benefits under Section 80C allow a deduction of up to ?1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ?2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

top

Become a Crorepati

Invest ₹10K/Month & Get ₹1 Crore returns*

Mobile +91
*T&C Applied.
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL