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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 1315 users
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Plan Benefits

Payment Options

Policy Coverage

Customer Service

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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 started life policy in HDFC LIFE 2years ago, am paying premium of 43K per year and the tenure is 15years. I did not remember the policy name. Am getting the statements within 5mins through my email address when I make the payment through online.
    Was this review helpful? 0
    , kochi
    Reviewed on Oct 19, 2019
  • HDFC Life
    HDFC Life Life Insurance
    "Good insurer"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance on HDFC LIFE on 5 months before only. The policy is for 20 years. I am paying premium on monthly package the amount which is nominal. While getting a policy my agent has given an information about the policy details. My father has taken an insurance for me. Use to do payment through an online. It covers up to myself only.
    Was this review helpful? 0
    , amritsar
    Reviewed on Oct 17, 2019
  • HDFC Life Life Insurance
    "Better Policy"
    0.5 5.0/5 "Blown Away!"
    From my HDFC LIFE, i have taken my life insurance. The executive came to my place and informed me about the policy details and gave me some offer since it was good, i have selected them. I have been paying the premium amount of Rs. 2500 per month. The policy term is 15 years. I am not sure about the sum assured amount.
    Was this review helpful? 0
    , bangalore
    Reviewed on Oct 10, 2019
  • HDFC Life Life Insurance
    "People more aware of their offerings &its better than others"
    0.5 4.0/5 "Great!"
    Basically I did not have any idea about the policy and it was just referred by a friend so have opted the policy, just for an investment perspective. I have received the insurance paper. Their executive explained me about the benefits. I pay 50K to 55K through online and tenure is 12 years.
    Was this review helpful? 0
    , gurgaon
    Reviewed on Sep 18, 2019
  • HDFC Life Life Insurance
    "Good"
    0.5 4.0/5 "Great!"
    HDFC LIFE is offering a good benefits and the charges are nominal when compared with other insurer so I took a term plan with them. They have explained me about benefits of the policy. They need some improvement on the customer service. I have paid 24K for a year.
    Was this review helpful? 0
    , gurgaon
    Reviewed on Sep 03, 2019
  • HDFC Life Life Insurance
    "Average Policy"
    0.5 4.0/5 "Great!"
    Bought my money back policy from HDFC LIFE. Taken the policy in the year of 2016. Earlier i had a salary account with HDFC hence the manager is forcefully to take this policy. I am paying the premium amount of Rs. 25000 annually. I need to pay the premium for 5 years after 5 years there is a lockin period. I get the sum assured amount of Rs. 2.50 lakhs.
    Was this review helpful? 0
    , bangalore
    Reviewed on Aug 27, 2019
  • HDFC Life Life Insurance
    "Quickest way to insure"
    0.5 5.0/5 "Blown Away!"
    Its very to take a policy through online from HDFC. The claim ratio is very nice hence i have chosen the HDFC LIFE. I'm satisfied with the coverage value of Rs. 50 lakhs. I have chosen the annual payments mode. They do have a partial disability cover is included.
    Was this review helpful? 0
    , bangalore
    Reviewed on Aug 25, 2019
  • HDFC Life Life Insurance
    "Coverage for the premium is good"
    0.5 4.0/5 "Great!"
    Chosen my term insurance from HDFC LIFE. HDFC has better claim ratio thats the reason i opted the policy. I make the premium through online every time. I pay the premium amount of Rs. 6600. They have included with disability cover and accidental cover. The premium is less since i purchase the policy through online.
    Was this review helpful? 1
    , bangalore
    Reviewed on Aug 16, 2019
  • HDFC Life Life Insurance
    "Good"
    0.5 4.0/5 "Great!"
    I took a term insurance with HDFC LIFE, I have compared with online site and found they are having good payment rates. The customer service is good. I am satisfied with the benefits. I am doing monthly premium of Rs.2000 and need to pay till 15 years. The payment mode is online.
    Was this review helpful? 1
    , bangalore
    Reviewed on Aug 06, 2019
  • HDFC Life Life Insurance
    "Excellent"
    0.5 5.0/5 "Blown Away!"
    I have a term insurance with HDFC LIFE because the benefits are too beneficial. I am paying 9,400 rupees for a year through net banking. The policy covers till the age of 85. The nominee would be getting a benefit of 75L. They have provide insurance documents on time.
    Was this review helpful? 0
    , mumbai
    Reviewed on Aug 06, 2019
  • HDFC Life Life Insurance
    "Satisfied"
    0.5 4.0/5 "Great!"
    Recently I have purchased a super savings policy from HDFC LIFE. I need to pay the premium for 8 years and after that I will get a profit for every year. They will be providing 10K on monthly basis. I have taken a policy premium of 75K per year. The payment mode is cheque.
    Was this review helpful? 0
    , bangalore
    Reviewed on Aug 02, 2019
  • HDFC Life Life Insurance
    "If you want save tax, purchase this policy"
    0.5 5.0/5 "Blown Away!"
    Bought my life insurance policy from HDFC LIFE. For the tax benefit purpose, i purchase this policy. I am not sure about the plan name. They will double the money in returns at the time maturity and its a long term plan. I pay the premium amount of Rs. 24000 annually.
    Was this review helpful? 0
    , new delhi
    Reviewed on Aug 01, 2019
  • HDFC Life Life Insurance
    "Excellent Plan"
    0.5 5.0/5 "Blown Away!"
    Bought my life insurance from HDFC LIFE. Every year i need to invest the money of Rs. 50000 for first five years. Next 5 years will be a lockin period. After 10 years, i get the money of Rs. 18000 every year for 5 years and at the time of maturity i get a sum assured amount of Rs. 10 lakhs. I bought this policy for daughter's future.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jul 31, 2019
  • HDFC Life Life Insurance
    "Satisfactory"
    0.5 5.0/5 "Blown Away!"
    Actually I was looking for a investment plan with HDFC BANK and they have provided me a life insurance. I never asked them for a policy but still they provided me an opportunity then I researched and found the benefits are also good. I need to pay the premium of 30K half yearly through online.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jul 31, 2019
  • HDFC Life Life Insurance
    "Good Policy"
    0.5 5.0/5 "Blown Away!"
    I have chosen the life insurance policy from HDFC LIFE and the plan is Super Income. For the future salary purpose, i have selected the policy. In this policy, i need to pay the premium for first 10 years and the next years will be lockin period and after i can get a lumpsum amount or else i can convert into monthly payment. I pay the premium amount of Rs. 25000 per annum. They are providing the sum assured amount of Rs. 1.87 lakhs.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jul 30, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    I have taken the CHILDREN PLAN with the HDFC LIFE where the maturity period of the policy is for 15 years with the policy. The coverage is for self with the policy is for self added on that the benefit of the policy is in case of any incident happened will be getting the amount and after the maturity there is a sum assured.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jul 29, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I am using the life insurance policy with HDFC LIFE and the maturity period of the policy is for 7 years but the premium have to pay for 5 years. The documents submitted through the offline. The sum assure value of the policy is for 5L. I got the hard copy too.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Jul 27, 2019
  • HDFC Life Life Insurance
    "Need to provide correct details "
    0.5 3.0/5 "Satisfactory"
    I have taken a life insurance in HDFC LIFE on 2 years before. The policy is for 10 years and other 10 years for maturity. I am paying premium in the yearly package. While getting a policy my agent has not given an information about the policy details at an initial they stated offers later that offers are not listed in the benefits. I use to do payment through an online.
    Was this review helpful? 0
    , pune
    Reviewed on Jul 26, 2019
  • HDFC Life Life Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    Yearly once I'm paying the premium for my life insurance. My cousin is working in HDFC hence i have taken the policy. I'm satisfied with the sum assured amount. I make the premium through online. I have a HDFC corporate account hence its easy to pay.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jul 26, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    TERM PLAN using from last few years, the documents submitted through the online as well as the offline process. The premium paying for 6 months, coverage is for self. There is no coverage apart from this. The customer support is good and responsive.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jul 22, 2019
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