HDFC Pension Plan Review
HDFC Pension Plan ensures that you lead a happy life on your terms even after retirement. Pension Plans offered by HDFC Standard Life provide options to choose your retirement age and control your investments are managed to meet your retirement needs. HDFC Retirement plans present you financial security so that when your professional income starts to decrease gradually, you can still live with pride on your living standards without compromising. Due to the rising inflation and high cost of living, retirement planning has become the most important. So, It is important to start saving early for a comfortable, stress-free retired life. For this HDFC Pension plan is best for you. HDFC Retirement plans to help you to do things what you always have been doing even after Retirement. HDFC Pension Calculator helps you to calculate how much you need to grow your wealth to ensure the peaceful post-retirement life with HDFC Pension Plan.
About HDFC Standard Life Insurance
HDFC Standard Life Insurance is a long-term life insurance provider with its headquarters in Mumbai. HDFC Life Insurance offers individual Insurance and group insurance. HDFC Standard Life Insurance is a joint venture between Housing Development Finance Corporation Ltd (HDFC) and Standard Life plc. HDFC Life is one of the leading life Insurance companies in India. HDFC offers solutions that meet various customer needs such as HDFC Protection Plan, HDFC Pension Plan, HDFC Savings & Investment and Health, along with HDFC Children & Women Plans.
Why do we need HDFC Retirement Plans?
Nowadays Retirement planning is a financial responsibility that every individual owes to their self and their loved ones. The Individuals who ignore it, have much to regret later when they survive the money supply in the bank. With increasing the cost of basic needs, your savings today might not reach the cost of necessities throughout the retired life. Healthcare, retirement planning must be taken up on priority. Go ahead and Present yourself or your loved ones a financially independent life by opting the HDFC Pension Plan.
Reasons for need of HDFC Pension Plan
- Increase in life expectancy.
- The shortfall in Employer Funded Pension/Pension Funds.
- Change of social structures.
- Lack of social security system.
- A desire to remain the contributor.
- Rest and relaxation.
HDFC Pension Plan Details
HDFC Retirement plan offers the best policies with a broad range of benefits for you and your family. HDFC Standard Life offers various Retirement insurance for individuals, Family, etc. For all these HDFC Pension plans, there are some common features, Benefits that mentioned below. HDFC Pension plan offers customized policies that can enclose almost any Retirement need that you might have.
HDFC Pension Plan Benefits
- Death Benefit: If the insured had died within the policy period, then the sum assured will be payable to their family members or nominee chosen by the Insured.
- Maturity Benefit: Maturity benefit applicable to this Pension insurance plan.
- Tax Benefit: You can get tax benefit on HDFC Pension policy for premiums paid under section 80C and Sec 10(10D) of Income Tax Act 1961 for the death benefit received by the insured family members. For more information refer www.taxqueries.in
- Vesting Benefit: Your policy vests at the end of the policy term, and your Vesting Benefit will be the higher.
For more information regarding the HDFC Retirement Plan Features & Benefits, visit the official website: www.hdfclife.com.
Overview of HDFC Life Pension Plan
HDFC Pension policy offers Six Retirement Insurance for the Individuals, Groups, and Couples. The Retirement plans offered by HDFC Life have attractive features and benefits. Let us take a look at the overview of the products.
HDFC Pension Plans
- HDFC Life Personal Pension Plus.
- HDFC Life Click 2 Retire – ULIP.
- HDFC Life Pension Super Plus.
- HDFC Life Single Premium Pension Super Plan.
- HDFC Life Guaranteed Pension Plan.
- HDFC Life New Immediate Annuity Plan.
HDFC Life Personal Pension Plus
HDFC Life Personal Pension Plus is a traditional participating pension plan for individuals who plan for their retirement. Acquire secure and stable returns on your investment for post-retirement income. HDFC Life Personal Pension Plus offers Flexibility to choose your investment horizon from 10 – 40 years. Entry age for HDFC Life Personal Pension Plus is 18-65 years. HDFC Life Personal Pension Plus offers the flexibility to choose the premium payment frequency. For more detailed regarding the HDFC Life Personal Pension Plus, check the link below.
HDFC Life Personal Pension Plus
HDFC Life Click 2 Retire – ULIP
HDFC Life Click 2 Retire – ULIP is an online Unit Linked Plan. HDFC Life Click 2 Retire plan offers you the market linked returns, with minimal charges and helps you achieve your retirement goals by planning well in advance. Vesting Benefits, Death Benefits are offered by HDFC Life Click 2 Retire – ULIP. Lower vesting/maturity age for HDFC Life Click 2 Retire -ULIP plan is 45 years. For more information about HDFC Life Click 2 Retire – ULIP, click on the link provided below.
HDFC Life Click 2 Retire – ULIP
HDFC Life Pension Super Plus
HDFC Life Pension Super Plus Plan is a unit-linked pension plan designed to build an entity over the policy term so that you can enjoy post-retirement life. HDFC Life Pension Super Plus offers Flexibility to plan your retirement date and choose policy term. Vesting Benefits, Death Benefits are offered by HDFC Pension policy – Life Pension Super Plus. For more information regarding the HDFC Life Pension Super Plus, refer the link provided below.
HDFC Life Pension Super Plus
HDFC Life Single Premium Pension Super Plan
HDFC Pension plan – Life Single Premium Pension Super Plan is a unit-linked single premium policy that creates a corpus over the policy term to generate post-retirement income for life. HDFC Life Single Premium Pension Super Plan offers flexibility to choose the single premium amount. For more information regarding the HDFC Life Single Premium Pension Super Plan check the link provided below.
HDFC Life Single Premium Pension Super Plan
HDFC Life Guaranteed Pension Plan
HDFC Pension plan – Life Guaranteed Pension Plan is one of the best pension plan designed to help you build and secure your retirement fund to enjoy the post-retirement income. HDFC Pension Plan – Life Guaranteed Pension Plan offers guaranteed additions of 3% of sum assured. Premium payment terms for HDFC Life Guaranteed Pension Plan is 5, 7 and 10 years.Life Guaranteed Pension Plan can be taken only on a single life basis. For information regarding the HDFC Life Guaranteed Pension Plan Check the link Provided below.
HDFC Life Guaranteed Pension Plan
HDFC Life New Immediate Annuity Plan
HDFC Pension plan – Life New Immediate Annuity Plan is a non-linked traditional annuity plan. It offers you a wide range of annuity options and provides you an opportunity to live life at on your terms even after retirement. Life New Immediate Annuity Plan offers Guaranteed income for as long as you/your partner lives. Get more Regarding HDFC Life New Immediate Annuity Plan check the link provided below.
HDFC Life New Immediate Annuity Plan
HDFC Pension Plan Related Posts
Here we are providing the HDFC Pension Plan related posts. Click the below links to know the details about the Online Payment, Recruitment, Premium Calculator, Claim Forms, and Documents.
HDFC Pension Plan Premium Calculator
HDFC Pension Plan Online Payment Process