Saving And Investment PlansHDFC SL ProGrowth Maximiser
Synopsis:
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This plan is a single premium unit linked plan with insurance coverage that helps you build wealth in short horizon.
Features:
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Free Asset Allocation: Flexibility to invest among 4 fund options available, create your own investment strategy by switching or redirecting future premiums.
On unfortunate death of the life assured, greater of the fund value or Sum Assured (less withdrawals) or the minimum death benefit (105% of the total premiums paid till date) will be payable to the nominee.
On maturity, you will receive the fund value
Plan can be availed by filling short medical questionnaire, which may not require you to go for medicals.
Benefits:
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Get benefit of investing in a shorter horizon. Single Premium Plan with cover of 10 years
The Free Asset Allocation option enables you to invest among 4 fund options available. You can plan your own investment strategy by switching between the funds as desired.
Flexibility to invest additional single premium top-ups as per your convenience.
Paying premiums is convenient with access to multiple modes – credit card, internet banking, cheque, auto debit facility
Tax benefits under sections 80C and 10(10D) of the Income Tax Act 1961