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HDFC Life Group Term Insurance Plus
HDFC Life Group Term Insurance Plus
UIN- 101N184V01HDFC Life Group Term Insurance Plus provides financial security to groups, employees, associations, or societies, under a single master policy.
Employee benefits
One master policy
Receive Tax Benefits1
Key Features
Life insurance cover to all your members under a single plan.
Flexible benefit pay-out options available- Lumpsum only, Part regular income and part lumpsum and Regular income mode only
Riders available to provide additional protection
Annual Renewability
Flexibility to cover the spouse of the member
You can add or remove members during the policy term
Life insurance cover to all your members under a single plan.
Flexible benefit pay-out options available- Lumpsum only, Part regular income and part lumpsum and Regular income mode only
Riders available to provide additional protection
Annual Renewability
Flexibility to cover the spouse of the member
You can add or remove members during the policy term
Benefits
A Non-Participating Non-Linked Life Group Pure Risk Product
Know the benefits offered under this product
- Features
- Riders
Features
Tax Benefit
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Group Term Life Insurance plans offer tax benefits to both employers and employees.
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This is a One Year Group Term Plan which is renewable on a yearly basis
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Flexible mode of benefit pay out with options available that can be opted
Death Benefit
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In the event of an employee’s or a member’s death during the group insurance Policy Term, the Sum Assured under the policy is payable to the designated beneficiary.
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1. As per Income Tax Act,1961. Tax benefits are subject to change in Tax laws.
ARN - PP/04/25/22936
