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HDFC Life Sampoorn Samridhi Plus

Overview

Your family needs you more than you know, and you may do your best to make sure all their needs are taken care of. When your family is dependant on you, for your child’s education, or building an extra floor in your home. But with life’s unpredictability brings surprises that affect your plans in many ways. Being prepared for all of life’s unpredictability with utmost confidence can be done with the help of HDFC Life Sampoorn Samridhi Plus.

The Eligibility Conditions to be Met When Taking up the Sampoorn Samridhi Plus Plan:

Particular

Minimum

Maximum

Age

30 days

60 years

Maturity age

18 years

75 years

Premium

Monthly: Rs. 1,000

Quarterly: Rs. 3, 000

Half-yearly: Rs. 6, 000

Yearly: Rs.12, 000

No Limit

subject to underwriting

Policy term

15 years

40 years

The Key Features of the HDFC Life Sampoorn Samridhi Plus

  • The premium payment term, will be equal to the policy term less 5 years.
  • The guaranteed addition will be provided as per the below:
    • 3% per annum for policy terms equal to 15 - 19 years
    • 4% per annum for policy terms equal to 20 - 24 years
    • 5% per annum for policy terms equal to 25 years or more
  • The high sum assured rebate also will be
    • Rs. 4.5/1000 for sum assured on maturity between Rs. 1, 50, 000 - Rs. 3, 00, 000
    • Rs. 6/1000 for sum assured on maturity between Rs. 3, 00, 000 - Rs. 5, 00, 000
    • Rs. 7.5/1000 for sum assured on maturity between Rs. 5, 00, 000 and more
  • You can also get an additional sum assured in the event of death due to accident during the policy term
  • You have a choice to choose your policy term from 15 - 40 years
  • This is a limited premium endowment plan, with an choice to add an extra of up to 100 years under whole life coverage
  • Flexibility to choose the premium payment frequency, from monthly, quarterly, half-yearly, annually.
  • Additional bonuses will add value to your policy.
  • There are 2 plans to choose from - Endowment plan and Endowment with whole life plan.
  • The sum assured:

Sum assured

Rs. 65, 453

No limit, subject to underwriting

  • Free look period of 15 days from the date of receipt of the policy, will be available for the policyholder on returning of the policy if she/he is not agreeable with the terms and conditions. A period of 30 days will be provided if the policy is purchased through distance marketing.
  • Grace period is provided after the premium due date and the policy is still in-force with the risk cover. With the Sampoorn Samridhi Plus, you have a grace period of 30 days for quarterly, half-yearly, and yearly modes from the date your premium is due. If the mode of premium payment is monthly then the grace period is 15 days from the due date.
  • Revival of your policy can be revived within 2 years after payments of all outstanding premiums and taxes.

The Benefits and Advantages You Get With The Sampoorn Samridhi Plus Plan;

  • With you are entitled to get tax benefits as per the Income Tax Act 1961 under sections 80C and section 10 (10D).
  • Maturity benefit at the end of the policy term, and after all premiums have been duly paid you will receive an maturity benefit of:
    • the sum assured on the maturity of the policy
    • any accrued guaranteed additions
    • any accrued reversionary bonuses
    • interim bonuses (if any)
    • terminal bonuses (if any)
    • if you choose the Endowment plan, the policy will automatically terminate at the time of maturity and after the payments have been made.
    • if you have chosen Endowment with whole life plan the sum assured on maturity will be paid at the time the policy has matured. And the whole life benefit will be paid at the time of death of the life assured after the policy maturity or surviving 100 years whichever is earlier.
  • Reversionary bonus will be declared at the end of every financial year, and get added to the sum assured on maturity and is payable at the time of maturity or death.
  • Terminal bonus is not a guaranteed benefit, it may be added to a policy to pay a fair share at the end of the policy term this is based on the actual experience with the policy term.
  • The death benefit will be payable on the demise of the life assured to the nominee. The higher of the following will be paid
    • sum assured on death + accrued guaranteed additions + accrued reversionary bonuses + interim bonuses (if any) + terminal bonuses (if any)
    • 105% of premiums paid till date
    • 10 times the annual premium for entry age of 50 years and 7 time the annual premium for entry age of above 50 years
  • Accidental death benefit, in case the life assured has died due to an accident during the policy term then an additional sum will be added to the sum assured and will be payable.
  • High sum assured rebates

Rebate on premium rate (per 1000 of sum assured)

Sum assured on Maturity

4.5

Rs. 1, 50, 000 - Rs. 3, 00, 000

6

Rs. 3, 00, 000 - Rs. 5, 00, 000

7.5

Rs. 5, 00, 000 and above

  • A loan can be availed for under this policy, provided the policy has attained a surrender value and is at the discretion of the company

The Premium Table:

Minimum premium

Maximum premium

Premium payment

Rs. 12, 000

No Limit

Yearly

Rs. 6, 000

No Limit

Half-yearly

Rs. 3, 000

No Limit

Quarterly

Rs. 1, 000

No Limit

Monthly

 

GST of 18% is applicable on life insurance effective from the 1st of July, 2017

 4.0 / 5.0   by 1272 users
Used this product? Write a review >>

Plan Benefits

Payment Options

Policy Coverage

Customer Service

Responsiveness

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HDFC Life Sampoorn Samridhi Plus Plan Reviews

Page 1 of 50 1 2 3 4 5
  • HDFC Life Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I have taken the MONEY BACK policy with HDFC LIFE and using from last one year. The policy coverage is for self added on that the policy maturity period is fir self, i have got no cash backs so far with this policy. Premium paying for yearly once.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 16, 2019
  • HDFC Life
    HDFC Life Life Insurance
    "EXCELLENT"
    0.5 5.0/5 "Blown Away!"
    TERM plan that i am using with the HDFC LIFE since from last 2 months. It gives the coverage of the critical illness and also accidental death coverage and permanent disability also there is no need of paying for these coverage. The coverage for self, premium paying for yearly once of 11500 rupees approximately.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 12, 2019
  • HDFC Life Life Insurance
    "EXCELLENT"
    0.5 5.0/5 "Blown Away!"
    I am using the ULIP plan with the HDFC LIFE since 6 months, the reason for taking the policy is my friend recommended because features are good. The premium paying for 50K for yearly once through online. The documentation process was done through online and the medical test taken at home. The maturity period is for 15 years, lock in period 5 years.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 12, 2019
  • HDFC Life Life Insurance
    "BETTER"
    0.5 3.0/5 "Satisfactory"
    I am using the policy of HDFC LIFE since from last 7 years, the name of the policy is children plan. It gives the coverage for self and children. The premium paying for yearly once with this policy also the maturity period is for 15 years with this policy.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jun 08, 2019
  • HDFC Life Life Insurance
    "Excellent"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance in HDFC LIFE. The policy is for 10 years. Now I am paying premium in the annual package. While getting a policy my agent has given an information about the policy details and provided hard copy documents as well. I use to do payment through an online.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 07, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 3.0/5 "Satisfactory"
    I have taken the ACCIDENTAL POLICY with the HDFC LIFE where the policy i am using it since from last 2 years. The premium paid for first year was 5400 rupees and second year it was 6800 rupees and the coverage is 3L and above. The listed hospital is far away from my place.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Jun 04, 2019
  • HDFC Life Life Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance in HDFC LIFE. The policy is for ten years. Now I am paying premium in the yearly package. While getting a policy my agent has given an information about the policy details and provided hard copy documents as well. I use to do payments through an online.
    Was this review helpful? 0
    , hyderabad
    Reviewed on May 30, 2019
  • HDFC Life Life Insurance
    "Good for family member protection"
    0.5 5.0/5 "Blown Away!"
    I pay Rs. 14,000 premium to HDFC life for the term plan. I selected the sum assured of Rs. 1 crore. I added one nominee even their claim settlement ratio and grievance resolved is good, at the time of taking policy they explained all. I make the payment through online payment they have critical illness and premium terminal on disabilities.
    Was this review helpful? 0
    , bangalore
    Reviewed on May 30, 2019
  • HDFC Life Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have been holding my life insurance with HDFC Life, their service is good they have charged premium on monthly basis, i use to pay premium amount through on line and their customer service is good they explained me about all policy it cover in this life insurance.Their overall service is good.
    Was this review helpful? 0
    , chandigarh
    Reviewed on May 29, 2019
  • HDFC Life Life Insurance
    "Good insurance policy"
    0.5 4.0/5 "Great!"
    I have purchased my life insurance policy from HDFC LIFE and i have chosen the policy name called Classic Assure. For the future purpose i have purchased this policy. I like the features and benefits of the policy. The policy coverage is better
    Was this review helpful? 0
    , hyderabad
    Reviewed on May 29, 2019
  • HDFC Life Life Insurance
    "Worth Policy"
    0.5 4.0/5 "Great!"
    Purchased my term insurance policy from HDFC LIFE. The coverage was far better than any other company. This covers for partial disability and critical illness. I have chosen because of the benefits. I pay the premium amount of Rs. 20000 yearly basis and the coverage is very much convenient for me.
    Was this review helpful? 0
    , vadodara
    Reviewed on May 28, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    I have taken the life insurance policy with the HDFC LIFE and paid for 5 years latter i have discontinued with this policy because the agent has given wrong info regarding the policy so i got very lesser returns with this policy. The policy is a good policy if continued till end.
    Was this review helpful? 0
    , hyderabad
    Reviewed on May 27, 2019
  • HDFC Life Life Insurance
    "Good"
    0.5 4.0/5 "Great!"
    I have taken a life insurance in HDFC LIFE 8 months before. The policy is for 10 years. Now I am paying premium in the yearly package. I came to know an information about the policy details and received a documents as well. The amount will get detect from credit card for the payment.
    Was this review helpful? 0
    , bangalore
    Reviewed on May 27, 2019
  • HDFC Life Life Insurance
    "Good Service"
    0.5 3.5/5 "Pretty good"
    I have taken Life insurance through HDFC Life .The agent gave all the required information.The agent gave all the details about the policy .There was no issues faced so far .I am satisfied with the service .The policy documents received on time .I am comfortable with the service so far.
    Was this review helpful? 0
    , chennai
    Reviewed on May 24, 2019
  • HDFC Life Life Insurance
    "Not so Good Policy"
    0.5 1.0/5 "Really Bad"
    In 2004, i have chosen the life insurance policy from HDFC Life. Since i have a savings account with them, the manager has referred me to take the policy from HDFC LIFE. But the policy is expired. After i taken the policy i went to the branch to make the payment but they said my policy got collapsed because of late payment. They said i need to make the payment every year with the amount of Rs. 10,500 which they have not informed earlier and i don't receive any updates regarding this.
    Was this review helpful? 0
    , hyderabad
    Reviewed on May 24, 2019
  • HDFC Life Life Insurance
    "Its Fine"
    0.5 5.0/5 "Blown Away!"
    I have ULIP plan in HDFC Life, if I close the plan within five year take liquidity charges many people not aware of it. Finally they take huge amount. Its a nice plan for life cover, tax saving and other benefits. However if I miss my premium plan wont lapse but charges are higher.
    Was this review helpful? 0
    , bangalore
    Reviewed on May 24, 2019
  • HDFC Life Life Insurance
    "Average Policy"
    0.5 3.0/5 "Satisfactory"
    I have invested in money back in HDFC. They are very perfect in all the things hence i have chosen the HDFC life. 6 months back, i got this policy. I pay this premium amount of Rs. 10000 every year. Total tenure period of the policy is 5 year with a coverage amount of Rs. 3 lakhs.
    Was this review helpful? 0
    , bangalore
    Reviewed on May 22, 2019
  • HDFC Life Life Insurance
    "Excellent Service"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance in HDFC LIFE. The policy is for 50 years. Now I am paying premium in the yearly package for the amount of 15 thousands. While getting a policy my agent has given an information about the policy details. I use to do payment through an online.
    Was this review helpful? 0
    , thane
    Reviewed on May 21, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    I have purchased the SUPER MONTHLY INCOME PLAN where using it since from last few years. The policy coverage is for self and the premium applying for monthly once with this policy. It has the risk coverage but the policy is comfortable to use.
    Was this review helpful? 0
    , hyderabad
    Reviewed on May 14, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    I have purchased the YOUNGSTAR plan with the HDFC LIFE and using it since from last 4-5 years. and it is based on the shares and mutual fund if the share market is high so the returns are higher. I get the intimation regarding the premium paid receipt so i can take the copy of the premium paid bill.
    Was this review helpful? 0
    , thane
    Reviewed on May 11, 2019
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