Life Smart Woman Plan from HDFC Life Insurance

 

Features/Benefits

•  An award winning unique insurance cum investment plan designed specifically for women
•  Comprehensive coverage options which covers you against pregnancy complications and congenital conditions or for malignant female-specific cancers
•  Three plan options to choose from as per your need (Classic, Premier and Elite Options). Additional periodic cash options under Premier and Elite Options
•  Uninterrupted savings with waiver & funding of premiums for next 3 years on occurrence of specific events
•  Age Limits: Entry age for female life assured from 18 to 45 years and age at maturity for female life assured is 28 to 60 years
•  Entry age of Spouse for Elite from 21 to 50 years
•  Age of risk cessation for Spouse in Elite option from 31 to 60 years 
•  Policy Term: 10 or 15 years 
•  Regular Premiums: Regular premiums from Rs 24000 to Rs 100000 
•  3 Options:

 

Benefit Option	Event Groups
	Pregnancy complications or birth of child with congenital disorder	Diagnosis of malignant cancer of female organs	Death of spouse
Classic	Premium Waiver	Premium Waiver	Not covered
Premier	Premium Waiver and Periodic Cash Benefit	Premium Waiver and Periodic Cash Benefit	Not covered
Elite	Premium Waiver and Periodic Cash Benefit	Premium Waiver and Periodic Cash Benefit	Premium Waiver

 

•  Maturity Benefit: Fund value on the date of maturity 
•  Death Benefit: Greater of sum assured (less withdrawals) or Fund Value or 105% of premiums paid. Sum assured can be 7 to 40 times of annualized premium.