FAQ - HDFC Life Insurance

HDFC Life ProGrowth Plus is a ULIP (Unit Linked Insurance Plan). It not only provides insurance coverage but also gives returns because under this plan, the premium is invested in capital market.

HDFC Loan Cover Term Assurance Plan is designed to provide protection to the family of the policyholder against the loan liabilities in case of a sudden demise. The nominee/s are provided a lump-sum amount in the event of death. The plan has the following features:

HDFC surgicare plan is a health plan that comes with hospitalisation cash benefit option. The policy provides timely financial support to the insured individual in case of medical surgeries.

HDFC Life Sanchay is a non-participating endowment plan offered by HDFC Bank. It offers guaranteed benefits of 8% or 9% of sum assured after the end of each policy year. This is paid out at maturity.

HDFC SL Crest is a Unit Linked Insurance Plan (ULIP) that offers the benefit of insurance protection and wealth creation. Under this plan, you can choose to pay premiums for only 5 years and benefit from market linked returns for 10 years.

Premiums of your HDFC Life Insurance Policy can be paid through the online mode as well as offline mode.  If you wish to make HDFC Life Insurance payment online, you can do so via net banking, debit cards and credit cards. To pay your premiums online, visit https://onlinepayments.hdfclife.com/HDFCLife/quick_pay.html.

If you are looking for a HDFC Life Term Plan, there are three options you can choose from:

According to the recent guidelines issued by the government of India and the IRDAI, linking of Aadhaar number with your insurance policies is mandatory. The deadline has been extended to March 31, 2018. To link Aadhaar to Your HDFC Life Insurance Policy, here’s what you need to do:

HDFC Life Premium Paid Certificate shows the total premiums paid during a specific financial year. This document can be used as an investment proof at the time of tax filing. To view or download HDFC Life Premium Paid Certificate, visit the insurance company’s website http://cp.hdfclife.com/cpweb/eservices.aspx.

Yes, you can get a loan against your HDFC Life insurance policy provided your plan has that particular feature and you have regularly paid your premiums. The premium paid under the plan will act as a security for the loan taken. Therefore, in case you’re unable to repay the loan or interest amount, the premiums paid against your policy so far will be used to recover the outstanding loan and interest amount.