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Product Information
Saving And Investment Plans HDFC Life Capital Shield
Synopsis:
With HDFC Life Capital Shield, we bring to you an investment-cum-insurance plan that offers the potential of higher returns, by investing a part of your money in equity and the balance in debt, while also providing you with life cover. The allocation of your money to debt fund shall systematically increase over time to protect your capital.

Features:

  • Protect your investment from market risks with an Assured Maturity Benefit
  • Pay premiums only once or for a limited period of 5 years
  • Get increasing Loyalty Additions from the end of the 6th policy year onwards to boost the Fund Value
  • Stay protected during the entire policy term with life insurance cover

Benefits:

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  • Maturity Benefit :
    Your policy matures at the end of the policy term and all your risk cover ceases. On maturity of the policy, provided all due premiums have been paid, the Life Assured will receive higher of:
    1. Fund Value
    2. Assured Maturity Benefit (as defined below)
    Assured Maturity Benefit = (101% * “Total Premiums” paid till date) less the Total Partial Withdrawals made till date (if any).
  • Death Benefit :
    In case of the Life Assured’s unfortunate demise during the Policy term, provided all due premiums have been paid, we will pay to the nominee the “Sum Assured on Death” The “Sum Assured on Death” shall be the highest of :
    1. Sum Assured less Partial withdrawals made(if any)
    2. Fund value
    3. 105% of total premiums paid till the date of death
  • Loyalty Additions :
    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.
Eligibility:



PREMIUMS: MIN
Single Pay: Rs.48,000
Annual: Rs.48,000
Half Yearly: Rs.24,000
Quarterly: Rs.12,000
Monthly: Rs.4,000
MAX
No Limit
SUM ASSURED -SINGLE PREMIUM:
MIN MAX
Entry age less than 45 yrs 125% of Single Premium
Entry age equal to 45 yrs or less 110% of Single Premium
SUM ASSURED -LIMITED PREMIUM:
MIN MAX
Entry age less than 45 yrs 10 times Annualised Premium
Entry age between 45 yrs or 54yrs 7-10 times Annualised Premium
Entry age 55yrs or above 7 times Annualised Premium
POLICY TERM: 10 years
PREMIUM PAYMENT TERM: Single
Limited - 5 Years