HDFC Life launches Sampoorn Samridhi Plus
A traditional ‘with profit’ plan with life insurance coverage
Mumbai, XX December, 2014: HDFC Life, India’s leading long term private life insurance
solutions provider announced the launch of Sampoorn Samridhi Plus, a traditional ‘with
profit’ plan that offers lumpsum payment at the end of the policy term and provides an
option to continue life cover for whole of life till 100 years of age.
On the occasion of the launch Sanjay
Tripathy, Senior EVP – Marketing,
Product, Digital & Ecommerce, HDFC
Life said, “Life insurance is often
perceived to be just another investment
option. But we believe that life insurance
should be bought for a long period of time
so that it helps to create a legacy, protects
your hard-earned money to be passed
down to your loved ones, while you can
enjoy financial freedom in your old age.
Key Features of the Policy

HDFC Life Sampoorn Samridhi Plus with 2 key
options




Endowment: Lump sum payment at the end
of policy term
Endowment Plus Whole Life: Lump sum
payment at the end of the policy term.
Insurance cover continues till age 100 years
Additional benefit paid in case of death due to
an accident
Guaranteed Additions up to 5% p.a. of “Sum
Assured on Maturity” for first 5 years (in
addition to declared bonuses)
Entry age: 30 days till 60 years
Limited premium payment term equal to policy
term less 5 years
HDFC Life Sampoorn Samridhi Plus is a
stepping stone towards legacy planning.

It is designed keeping in mind various

benefits a customer would look for while
buying insurance. It is a flexible and
affordable life insurance plan for all
customer segments. The plan provides
flexibility with endowment and whole life options available in a single plan.”
Key Features
Maturity Benefit:
At the end of the policy term, provided all due premiums have been paid, the policy
holder will receive the aggregate of:
 Sum Assured on Maturity
 Accrued Guaranteed Additions
 Accrued Reversionary bonuses
 Interim bonus (if any)
 Terminal bonus (if any)

Under Endowment Option, the policy terminates after payment of maturity benefit
and no more benefits will be payable.
Under Endowment with Whole Life Option, in addition to the benefit mentioned
above, life cover equal to 'Sum Assured on Maturity' shall be available after the policy
matures. Thereafter, upon the death of the life assured or upon the life assured
surviving to 100 years of age, whichever is earlier, a benefit equal to 'Sum Assured on
Maturity' shall be payable.
 Death Benefit during policy term:
On death of the life assured during the policy term, provided all due premiums have
been paid, the nominee will get higher of the following:
o Sum Assured on Death + Accrued Guaranteed Additions + Accrued
Reversionary Bonuses + Interim bonus (if any) + Terminal bonus (if any)
o 105% of premiums paid till date where sum assured on death, shall be the
higher of
Where Sum Assured on death is higher of
o Sum assured on maturity
o Ten times annualised premiums for entry age up to 50 years and 7 times
annualised premium* for entry age greater than 50 years
*exclude any underwriting extra premiums, modal loadings and taxes paid.
Accidental Death Benefit:
In case of death due to accident during the term of the policy, an additional Sum
equal to Sum Assured on Death will be payable
 Death Benefit after policy term if whole life option is chosen:
Under Endowment with Whole life option the Life Assured will be covered for 'Sum
Assured on Maturity' which shall be payable upon the death of the life assured after
the policy maturity or upon the life assured surviving to 100 years of age, whichever is
earlier.
About HDFC Life
Established in 2000, HDFC Life is India’s leading long-term life insurance solutions provider
offering a range of individual and group insurance solutions that meet various customer needs such
as Protection, Pension, Savings, Investment, and Health. The company also offers Women’s Plans to
meet specific needs of women. Customers have the added advantage of customizing plans, by
adding optional benefits called riders, at a nominal price. The company currently has 23 retail and 8
group products in its portfolio, along with 9 riders.
HDFC Life continues to have the widest reach with over 400 branches in India touching customers
in over 900 cities and towns. The company has also established a liaison office in Dubai. The
company has a strong presence in its existing markets with a strong base of Financial Consultants.
HDFC Life is a joint venture between Housing Development Finance Corporation Limited (HDFC),
India’s leading housing finance institution and Standard Life plc, the leading provider of financial
services in the United Kingdom.
For more information, please visit our website, www.hdfclife.com. You may also connect with us on
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