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HDFC SL New Money Back Plan Review

Discussion in 'Life insurance' started by real_buzz, Dec 12, 2012.

  1. real_buzz Moderator

    HDFC SL New Money Back Plan
    Being self reliant is a nice feeling. With HDFC SL New Money Back Plan, you will get regular cash back at periodic intervals, so that you can fulfill your dreams & aspirations. This plan also offers the financial protection to your loved ones when they need it the most, enabling you to live life with peace of mind.
    Advantages
    Money Back on completion of every 4 years, you would get a percentage of your sum assured as cash payout. The payout will be as defined below.
    Provides valuable protection to your family by way of lump sum payment i.e. Sum Assured plus attaching bonuses, in case of unfortunate demise within policy term, over and above any earlier payouts.
    You can choose to pay your premium as either Annually, Half-Yearly, Monthly or Quarterly depending on your convenience. You also have a range of convenient auto premium payment options
    Tax benefits under sections 80C and 10(10D) of Income Tax Act, 1961

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