Page 24 - HDFC Bank | Take the cut out of your tax cut

 

 

 

 

 

Page 24 - HDFC Bank | Take the cut out of your tax cut
P. 24

Life Insurance Plans to save under Section 80C



        Protection Plans:
        HDFC Life Click 2 Protect Life
        An intelligent term plan that provides benefits as per your altering lifestyle and life stage needs and helps you stay truly
        protected. It has 3 plan options providing Lump sum payout on death, Regular income from age 60 onwards under Income
        Plus option, Auto balances death and critical illness cover under Life & CI Rebalance option where critical Illness cover
        increases at each policy anniversary with corresponding reduction in Life Cover.


        HDFC Life Click 2 Protect Super
        An intelligent term plan that provides benefits as per your altering lifestyle and life stage needs and helps you and your family
        stay truly protected. It has 3 plan options providing lump sum payout on death which can be accelerated in case of diagnosis
        of terminal illness under Life option, additional accidental death benefit under Life Plus option, variable death benefit in
        accordance with the ‘Level Cover Period’ and ‘Amortisation Rate’ as chosen by the policyholder under Life Goal option.

        HDFC Life Saral Jeevan Bima
        A Non-Linked Non-Participating Individual Pure Risk Premium Life Insurance Plan that secures your family’s future against
        any uncertainties tomorrow.

        HDFC Life Click 2 Protect Health
        A comprehensive and affordable plan with benefits of health and life insurance where you can customize your plan with a
        choice of 9 plan options. (Tax benefit for Health premium is applicable under Section 80D).

        HDFC Life Click 2 Protect Corona Kavach
        This combi plan helps to protect your savings by providing cover for treatment costs arising out of COVID-19 illness and
        also provides life cover. (Tax benefit for Health premium is applicable under Section 80D).

        Tata AIA Life Insurance Sampoorna Raksha Supreme
        A non-linked non-participating term insurance plan that provides financial protection to your family and offers you the
        flexibility to choose the plan that suits your need.

        Tata AIA Life Insurance Maha Raksha Supreme
        A non-linked, non-participating, individual life insurance pure risk premium product that offers life cover upto the age of
        85 or whole life, inbuilt payout accelerator benefit that advances 50% of Basic Sum Assured in even of a terminal illness
        diagnosis, flexibility to choose policy term and payment term, discounted rates for female lives and tax benefits as per
        applicable laws.

        Tata AIA Life Insurance Saral Jeevan Bima
        A non-linked, non-participating, pure risk premium life insurance plan that’s easy to understand and affordable at the same
        time. Secure your family’s future with this plan as it offers you flexibility to choose policy term and premium paying term, tax
        benefits as per applicable laws and also, you can enhance your cover with optional riders.

        Tata AIA Life insurance SRS Vitality Protect
        A protection solution with an inbuilt wellness program that offers life coverage as well as rewards you for healthy lifestyle
        choices.







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                     *Based on Retail Loan book size (excluding mortgages). Source: Annual Reports FY 20-21 and No.1 on market capitalisation based on BSE data as on 31st Dec, 2021
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