HDFC Life Smart Protect
Grow your investments without compromising your family’s security.
UIN: 101L175V01
-
Save tax up to 46,800/-13
-
Invest 20K/month to Get 1 Cr14
-
Equity Linked Returns
-
11 Fund options
In Partnership
Safeguard your family’s future with our Insurance Plans
Top recommended ULIP plans for you
-
ULIP Plans
HDFC Life Smart Protect Plan
UIN: 101L175V01
A comprehensive plan that caters to your long-term savings requirements while also offering life protection coverage.
-
Get upto 100 times13 of your premium as sum assured
-
Get a minimum Assured Benefit8 in the form of capital guarantee
-
Boost your fund value with 4 kinds of Loyalty Additions
-
-
ULIP Plans
HDFC Life Click2Invest
UIN: 101L100V05
Grow your investments while ensuring your family's security.
-
Choose from 11 fund options that align with your investment preferences.
-
Receive the fund value either at maturity or in periodic installments based on your needs1 .
-
Benefit from Tax Benefits under Section 80C and Section 10(10D)3.
-
Flexibility to pay premiums regularly, for a limited period (5, 6,7, 8, 9, and 10 years), or as a one-time payment.
-
Option to make partial withdrawals from funds to address any financial emergencies2.
-
-
ULIP Plans
HDFC SL ProGrowth Flexi
Build your wealth over a considerable period to meet diverse financial milestones while ensuring you remain insured
UIN: 101L072V05
-
Receive additional sum assured in the event of accidental death.
-
Select from 10 fund options.
-
Choose a sum assured of up to 40 times the annual premium
-
Option to make partial withdrawals from funds to address any financial emergencies2 .
-
Why choose HDFC Life Smart
Protect Plan?
-
Enhance the value of your funds with four different types of Loyalty Additions: Return of 2X to 3X Mortality Charge, Return of 2X Premium Allocation Charge, Return of Fund Management Charge, and Return of 2X of Investment Guarantee Charge.
-
Regardless of market fluctuations, receive a Minimum Assured Benefit1 in the form of a capital guarantee.
-
Optimize your investment returns by choosing from six different Funds2.
-
Enjoy flexibility when it comes to premium payment options, with the choice of Regular or Limited (5 to 12 years) premium payment.
-
Tailor your Death Benefit Cover by reducing it after a chosen period under the Decreasing Cover and Decreasing Cover with Capital Guarantee plan options.
Not sure which insurance suits your needs?
Talk to us! Let us help you.
Call us: 08044633460
Mail us: outreach.insurance@incredwealth.com
Get StartedFrequently Asked Questions
-
You can buy this plan through InCred Wealth's partnership with HDFC Life, either online or offline. On our website, you have the option to view and compare the plan's features and benefits before entering your details. We will have a Relationship Manager reach out to you soon.
-
The HDFC Life Smart Protect Plan is designed to meet your long-term savings needs while also providing a life cover for protection.
-
The available premium paying frequencies for this plan include annual, half-yearly, quarterly, and monthly options.
-
No, it is not possible to reduce the policy term and the premium payment term once the policy has been issued. However, you can increase these terms within certain boundary conditions.
-
Yes, as the policyholder, you have the option to alter the premium frequency during the Premium Payment Term.
-
To get detailed information about the exclusions in this plan, please refer to the Product Brochure.
-
Yes, premiums paid by individuals or HUFs under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961, subject to specified conditions and limits. Additionally, the benefits received from this policy are exempt from tax as per the conditions specified in Section 10 (10D) of the Income Tax Act, 1961.
-
- 1. Available under Level Cover with Capital Guarantee and Decreasing Cover with Capital Guarantee plan options
- 2. With unlimited free Switching. Available under Level Cover and Decreasing Cover
-
The Unit Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of fifth year.
-
HDFC Life Smart Protect Plan (UIN: 101L175V01) is a unit linked, non-participating individual life insurance product. Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. HDFC Life Insurance Company Limited is only the name of the Insurance Company, HDFC Life is only the name of the brand and HDFC Life Smart Protect Plan (UIN: 101L175V01) is only the name of the unit linked life insurance contract. The name of the company, name of the brand and name of the contract does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.
-
T&C
- 1. The above stated tax benefits are subject to the provisions & conditions mentioned in the existing Income Tax Act, 1961. Tax Laws are also subject to change from time to time. This material has been prepared for information purposes only, should not be relied on for tax or accounting advice. The customer is requested to seek tax advice from his/her Chartered Accountant or personal tax advisor with respect to his/her personal tax liabilities under the Income-tax law
In The News
-
WealthBriefingAsia Awards 2023
Jun 01, 2023
InCred Wealth joins the global elite in the WealthBriefingAsia Awards 2023
By Yogesh Kalwani,
Head-Investments, InCred Wealth
-
The Economic Times
Dec 25, 2023
InCred Wealth joins the global elite in the WealthBriefingAsia Awards 2023
By Bhupinder Singh,
Founder & Group CEO, InCred
-
The Economic Times
Jul 18, 2023
ETMarkets Smart Talk- Small & midcaps likely to generate outsized returns in next 2 years: Yogesh Kalwani
By Yogesh Kalwani,
Head-Investments, InCred Wealth
-
Money Control
Dec 22, 2023
Daily Voice | This investment head expects valuations to ease out in small, midcaps next year
By Yogesh Kalwani,
Head-Investments, InCred Wealth
-
- In unit linked policies, the investment risk in the investment portfolio is borne by the policyholder. The Unit Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of fifth year.
- Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. The name of the company, name of the brand and name of the contract does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your insurance agent or the intermediary or policy document of the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.For Single premium, the special addition is 1% of the Single premium at inception only.
- 1. Opt for Settlement Option to receive maturity benefit in periodical instalments.
- 2. Partial withdrawals can be made from your funds after completion of 5 policy years, provided the Life Assured is atleast 18 years of age.
- 3. As per Income Tax Act, 1961. Tax benefits are subject to changes in tax laws.
- 4. Additional Sum Assured on accidental death is paid under Extra Life Option.
- 5. In your policy documents we give the Critical Illness benefit the unique name of Extra Health Benefit, Accidental Death Benefit is called Extra Life Benefit and Accidental Total & Permanent Disability Benefit is called Extra Disability Benefit.
- 6. Death Benefit under the product - Sum Assured less all withdrawals made during the two year period immediately preceding the death of the Life Assured. Unit Fund Value based on the number of units and the Unit Price of the fund is also payable. The Minimum death benefit will be at least 105% of the total premiums paid.
- 7. Loyalty additions (as percentage of the average fund value) will be added to the fund value in the form of additional units from the end of 6th policy year onwards, provided all due premiums have been paid. The Loyalty Additions will be added for both Single Pay and Limited Pay policies.
- 8. Assured maturity benefit will be paid only on policy maturity provided all due premiums have been paid and will not apply on death or surrender.
- 9. Individual death claim settlement ratio by number of policies as per audited annual statistics for FY 2022-23.
- 10. Source - Crisil.com.
- 11. For Single premium, the special addition is 1% of the Single premium at inception only
- 12. Available under Level Cover with Capital Guarantee and Decreasing Cover with Capital Guarantee plan options
- 13. Save 46,800 on taxes if the insurance premium amount is Rs.1.5 lakh per annum and you are a Regular Individual, Fall under 30% income tax slab having taxable income less than Rs. 50 lakh and Opt for Old tax regime
- 14. In ULIP Plan, the investment risks in the investment portfolio is borne by the policyholder. @17.29% p.a. rate of return. Rate of return shown is fund performance of Diversified Equity Fund (for last 5 years). Please note that past fund performance is not indicative of future performance fund. Life Insurance is available in this plan.
- T&C Apply
