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HDFC STANDARD LIFE INSURANCE - Endowment Assurance Classic Plan
Plan Highlights
| Key Feature |
A fixed term policy where the sum assured plus accumulated bonus is payable on the date of maturity or death of the life assured, if earlier.
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| Best Suited For |
People seeking returns, liquidity and risk cover . |
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| Features |
1) Option of additional benefits :
Double Sum Assured Benefit,
Accidental Death Benefit ,
Waiver of Premium Benefit and
Critical Illness Benefit available in Value Plans and Flexi Plan
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Benifits
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| Maturity Benifits |
Full sum assured plus accrued bonus is paid to policyholder. |
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| Survival Benifits |
Not Applicable. |
Death Benefits (Natural)
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Full sum assured plus accrued bonus is paid to nominee.
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Death Benefits
(Accidentals) |
Full sum assured plus accrued bonus plus an additional amount equivalent to the basic sum assured. |
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| Other Benefits |
Not Applicable. |
Policy Features
| Type |
Endowment Policy |
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| House Loan |
Yes |
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| General Loan |
Yes |
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| Premium Paying options |
Yearly, Half-Yearly, Quarterly |
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| Period of Life Insurance |
As long as premium paying term |
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