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HDFC Standard Life Classic Assure Insurance Plan
Premium paying term: 7 years
Policy term: 10 years
Classicassure death benefit : Rs 200,000
Classicassure Maturity benefit : Rs 200,000
Half Yearly premium(at age 40) : Rs 15636 (excluding service tax)
Maturity benefit: On survival of the life assured till the maturity date, the sum assured stated against ClassicAssure Maturity Benefit in the schedule of benefits, plus any attaching bonuses plus interim and terminal bonus(if any) is payable on the Maturity date of this benefit specified therein, subject to Provision 8. Upon payment the policy terminates and no further benefits are payable.
Death benefit:On death of the life assured before the expiry date of this benefit, the sum assured stated against ClassicAssure Death Benefit in the schedule of benefits, plus any attaching bonuses plus interim and terminal bonus(if any) is payable on the Maturity date of this benefit specified therein, subject to Provision 8. Upon payment the policy terminates and no further benefits are payable.
Level of the sum assured cannot be increased or decreased by the policyholder anytime during the policy term
The premium paying term cannot be increased or decreased by the policyholder anytime during the policy term
The policy term cannot be increased or decreased by the policyholder anytime during the policy term
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