Page 53 - HDFC Bank | Take the cut out of your tax cut

 

 

 

 

 

Page 53 - HDFC Bank | Take the cut out of your tax cut
P. 53

Eligibility for Sum Insured
           Earning member: Up to 12 times of annual gross income

           Non-earning spouse: 50% of Proposer’s sum insured/eligibility or 30L whichever is lower

           Non-earning Parent/ Parent in laws: 50% of Proposer’s sum insured/eligibility or 10L whichever is lower

           Children: 50% of Proposer’s sum insured/eligibility or 15L whichever is lower

            *This is an indicative list. Please refer to policy wordings / product benefit table for detailed list benefits, limits, exclusions and waiting periods.


           ABHI Active Fit:

           Introducing a health insurance plan that’s designed specifically for the needs of the youth by offering protection at all
           relevant times as well as rewarding you for staying active and healthy.

           Key benefits:

           •  10% Upfront Good Health Discount

           •   Early Bird Discount

           •   Maternity Benefit

           •   Binge Refill

           •   Health-Return

           Active Fit (Young Adult Product) - Product Benefit Table & Eligibility


                  Product Name          Activ Fit (Young Adult Product)                    Plus        Preferred
                                        1 Lac, 2 Lac, 3 Lac, 4 Lac, 5 Lac, 7 Lac, 10 Lac, 15 Lac, 20
                  Sum Insured (Rs.)                                                        Yes         Yes
                                        Lac, 25 Lac, 30 Lac, 40 Lac, 50 Lac, 75 Lac, 1 Cr
                  Product Type          Indemnity                                          Yes         Yes

            Eligibility
                  Min  / Max  Age at  Ent
            1                           Min 18, Max 45 Years                               Yes         Yes
                  (Adult)

                  Min  / Max  Age at  Ent  Min 91 days, Max 25 Years under family floater Individual
            2                                                                              Yes         Yes
                  (child)               policy - Minimum age at enty is 5 Yrs.
                                        Individual, Multi Individual & Family Floater
            3     Policy Type           Individual, Multi Individual – Not Applicable for Preferred  Yes  Yes
                                        Plan
            4     Policy Tenure         1,2 & 3 Years                                      Yes         Yes














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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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