Fulfil the smaller joys in life,

through regular income

Super Income Plan

A Non-Linked Participating Money Back Life Insurance Plan
 As you approach different stages in life, there are dreams and aspirations that you set out for yourself and your family. But this does not set you free from the day to
day responsibilities of managing house, paying for health expenses, school fees etc. To help you ensure that none of this is compromised for the other, we offer you
a solution such that you can fulfil your dreams uninterrupted.

WE PRESENT TO YOU HDFC LIFE SUPER INCOME PLAN

HDFC Life Super Income Plan is a participating plan that offers guaranteed income for a period of 8 to 15 years. It also offers an opportunity to participate in the
profits of participating fund of the company by way of bonuses. The plan is ideal for individuals who need regular income at their disposal so that they don't have to
worry about future expenses and fulfil their financial goals uninterrupted.

KEY FEATURES OF HDFC LIFE SUPER INCOME PLAN

1. Enjoy regular income for period of 8 to 15 years after premium payment term under limited pay option

2. Enjoy regular income from 2nd policy year onwards till the end of Policy Term under single pay option

3. Survival Benefits varying from 3.84% to 12.5% of Sum Assured on Maturity payable each year during payout period.

4. Boost your regular income at maturity with reversionary bonuses and terminal bonus*, if any.

5. Range of premium payment and policy term options to meet your income goals.

6. Insurance coverage throughout the policy term

7. This plan is available with a Short Medical Questionnaire (SMQ) based underwriting#

* For conditions please refer to the section on Benefits

# Please speak to our Financial Consultant to know more details.

HOW DOES THE PLAN WORK?

For Limited Premium Policies: Maturity payout

Last Survival
Benefit payout
+ Accrued Bonuses

Life cover for entire policy Term `

Pay Premiums for
5 or 8 or 10 or 12
years years years years Regular Income for 8 / 10 / 12 or 15 years

Premium Payment Term Payout Period

Payouts at the end of

every year after completion
of Premium Payment Term

How much do you get ?

Regular Income Bonuses

Your Total Survival Benefit payouts
will be 100% or 120% of Accrued reversionary bonuses
Survival Benefit payouts of 6.67 %
Sum Assured on maturity. in addition attached to your policy every
to 12.5% of Sum Assured on Maturity
get bonuses at maturity year + Terminal bonus, if any,
payable each year
paid on maturity
HOW DOES THE PLAN WORK?

For Single Premium Policies: Maturity payout

Last Survival
Benefit payout
+ Accrued Bonuses

Life cover for entire policy Term `

Premium Payment Term

Single Pay Regular Income from 2nd year to the end of the Policy Term

Payout Period

Payouts at the end of

every year after completion
of Premium Payment Term

How much do you get ?

Regular Income Bonuses

Your Total Survival Benefit payouts
Survival Benefit payouts of 100 % Accrued reversionary bonuses
will be 100% of Sum Assured on
of Sum Assured on Maturity attached to your policy every
maturity. In addition get bonuses at
divided by Payout period shall be year + Terminal bonus, if any,
maturity
payable each year paid on maturity

CHECK YOUR ELIGIBILITY PLAN OPTIONS

This plan can be taken only on a single life basis. The age limits for this plan This plan offers range of options which you can select at inception based on
your financial goals.
are as follows:
Limited Pay Option
Eligibility Criteria Minimum Maximum
Premium payment Payout period Policy term
 18 years minus Policy 59 (for policy term 15 & 16 years)
Options term (years) (years) (years)
Term (for policy term less 57 (for policy term 18 years) (A) (B) (A+B)
than 18 years) 55 (for policy term 20 years)
Age at Entry¹ (years) Option 1 8 8 16
• 30 days (for policy term
53 (for policy term 22 years)
greater than or equal to18 Option 2 8 10 18
years) 51 (for policy term 24 years)
Option 3 10 10 20
48 (for policy term 27 years)
Option 4 10 12 22
34 (for policy term 15 to 27
Option 5 12 12 24
years under Option 9)
Option 6 12 15 27
Age at Maturity (years) 18 75 Option 7 5 10 15
Option 8 5 15 20
Minimum Sum Assured Limited Pay : Rs. 76,198
on Maturity (Rs) Single Pay : Rs. 18,457 Single Pay Option
Premium
Maximum Sum Assured Payout period Policy term
No limit, subject to satisfactory underwriting Option payment term
on Maturity (Rs) (years) (years)
(years)

All ages mentioned above are age last birthday. Option 9 Single Pay From 2nd year to 15 to 27
the end of the years
Sum Assured on Maturity/Death is the absolute amount of benefit which is
Policy Term
guaranteed to be payable in the form of survival benefit/Death Benefit during
the policy term as per the terms and conditions specified in the policy.
1 For all ages, risk commences from the date of inception of the contract.
PREMIUMS c) Bonuses:
You can choose your premium as per your needs. You can choose to pay your I. Reversionary Bonus: A simple Reversionary Bonus would be declared
premiums either annually, half yearly, quarterly or monthly.
at the end of each financial year. Same will be expressed as percentage
The Premium limits are as specified below:
of the Sum Assured on Maturity. Once added to the policy, the bonus is
Minimum Instalment Maximum Instalment
Frequency guaranteed to be payable on maturity, provided all due premiums are
Premium$ Premium
paid. The Reversionary Bonus is not a guaranteed benefit and would
Single Pay Rs. 24,000
depend on the actual experience with respect to the investment return,
Annual Rs. 24,000
No limit$$ expenses, mortality, tax etc and would be declared keeping in mind a
Half-Yearly Rs. 12,000
long term view of expected future experience. In case of death or
Quarterly Rs. 6,000
surrender during the inter-valuation period the policy will be eligible to
Monthly Rs. 2,000
receive the interim bonus based on the bonus rates declared by the
$
The minimum premium amounts are exclusive of taxes and levies as company.
applicable II. Terminal Bonus : A Terminal Bonus may be added to a policy and
$$
The acceptance of any case is subject to satisfactory underwriting. enables the company to pay a fair share of the surplus provided all due
premiums are paid, based on the actual experience over the policy term
BENEFITS
and allowing for the reversionary bonuses already attached.
a)Survival Benefit:
As the Terminal bonus depends on the actual future experience it is not
It will be expressed as percentage of the Sum Assured on Maturity. This a guaranteed benefit.
guaranteed amount is known to you at the inception and payable at the
end of each year during the payout period as per your chosen plan option, d) Death Benefit:
provided the policy is in force. On death of the life assured during the term of the policy, provided all due
The percentages are as follows: premiums are paid; we would pay to the nominee the higher of the

Survival Benefit as % of Sum Assured on Maturity following:

Total Survival Benefit for • Sum Assured on Death + Accrued Reversionary Bonuses + Interim
Option Annual Survival Benefit payable during the payout Bonus (if any) + Terminal Bonus (if any)
period
• 105% of total premiums paid^ till date
1 12.5% 100%
Where, the Sum Assured on Death shall be the higher of:
2 10.0% 100%
• Sum Assured on Maturity
3 12.0% 120%
4 10.0% 120% • 10 times Annualised Premium# /Single Premium for entry age up to 50
#
5 10.0% 120% years and 7 times Annualised Premium for entry age greater than 50 years
6 8.0% 120% On death of the life assured during the payout period, the Death Benefit
7 100% of Sum Assured on payable shall not be reduced by the survival benefits already paid.
8 Maturity divided by Payout 100% #
Annualised premium shall be the premium amount payable in a year
period
9 excluding the taxes, rider premiums, underwriting extra premiums and
loadings for modal premiums, if any.
The policyholder has an option to receive the future payouts monthly
instead of yearly. In such cases, the monthly payout shall be 8% of the ^ Total Premiums Paid means total of all the premiums received, excluding any
annual payout. extra premium, any rider premium and taxes.
On payment of the Death Benefit during the policy term, the policy will
terminate and no future payouts will be payable.
b) Maturity Benefit:
For a policy where all due premiums have been paid, the maturity benefit e) Policy Loan:
will be the aggregate of: Once your policy has acquired the surrender value, you may avail of a policy
loan up to 80% of the surrender value of your policy subject to applicable
1. Last Survival Benefit payout,
terms and conditions. Currently, the rate of interest on policy loans is 10.5% p.a.
2. Accrued Reversionary Bonuses,
3. Interim Bonus, if any HIGH SUM ASSURED REBATE:
4. Terminal bonus, if any We also offer high sum assured rebate on the policies with Sum Assured on
On payment of the Maturity Benefit, the policy will terminate and no Maturity of 4 lakhs & above.
more benefits will be payable.
In cases where Life Assured is minor, the policy will automatically vest on Sum Assured on Maturity Discount on the premium rate

him or her on attaining age 18 years. a long term view of expected future Rs 400,000 to less than Rs 800,000 Re. 0.5 per 1000 Sum Assured on Maturity

Rs 800,000 or more Re. 1 per 1000 Sum Assured on Maturity

GRACE PERIOD REVIVAL
Grace Period is the time provided after the premium due date during which the You can revive your lapsed/paid-up policy within the revival period (specified
policy is considered to be in-force with the risk cover. This plan has a grace below) subject to the terms and conditions we may specify from time to time.
period of 30 days for yearly, half-yearly and quarterly frequencies from the For revival, you will need to pay all the outstanding premiums and interest on

premium due date. The grace period for monthly frequency is 15 days from the outstanding premiums and taxes and levies as applicable. Interest rate will

the premium due date. be as prevailing from time to time. Please contact our Customer Service

Should a valid claim arise under the policy during the grace period, but before department to know the applicable interest rate. A charge of ` 250 shall be

the payment of due premium, we shall still honour the claim. In such cases, the levied for processing the revival.
The revival period shall be of five years as specified by the current Regulations.
due but unpaid premium will be deducted from any benefit payable.
The revival period may be changed as specified by Regulations from time to
LAPSATION
time.
In the event of non payment of premium due under the policy within the grace
Once the policy is revived, you are entitled to receive all contractual benefits.
period, the policy will lapse if the policy has not acquired a guaranteed
surrender value (refer the section on surrender). The risk cover will cease and
SURRENDER
no benefits will be payable in case of lapsed policies.
It is advisable to continue your policy in order to enjoy full benefits of your policy.
You can revive your lapsed policy. Kindly see the section below on Revival.
However, we understand that in certain circumstances you may want to

PAID-UP surrender your policy.

If you stop paying premiums after the policy has acquired a guaranteed (1) For Limited Pay policies: The policy will acquire a Guaranteed Surrender
surrender value (refer the section on surrender), your policy will be made paid- Value (GSV) provided 2 full years' premium has been paid.
up at the end of the grace period. (2) For Single Pay policies: The policy shall acquire a Guaranteed Surrender Value
(GSV) immediately upon the payment of the single premium.
Once a policy becomes paid-up:
The GSV shall be the aggregate of:
• The paid-up Sum Assured on Maturity/Death shall be the Sum Assured on
• percentage of total premiums paid or single premium paid
Maturity/Death multiplied by the ratio of the premiums paid to the
• percentage of subsisting bonuses
premiums payable under the policy.
In case of any Survival Benefit payouts are made before the date of surrender,
• Survival Benefit for a paid-up policy will be percentage of the paid-up Sum
the Surrender Value as calculated above will be reduced to the extent of the
Assured on Maturity.
payouts already made. For cases where the sum of all payouts exceeds the
• In addition, the Reversionary bonus accrued to the policy as on the date of
Surrender Value calculated, there will be no Surrender Value payable
paid-up will remain attached to the policy and will be payable on maturity. A
For details on GSV percentage, please refer terms & conditions section below.
paid-up policy will not accrue any further bonuses.
Depending on the prevailing market conditions, the Company may pay a higher
You can revive your paid-up policy. Kindly see the section below on Revival.
surrender value in the form of a Special Surrender Value.
On payment of the Surrender Benefit, the policy will terminate and no more
benefits will be payable.

It is always advisable to pay premiums for the full premium paying term
in order to enjoy maximum benefits.
RIDERS
We offer the following Rider options (as modified from time to time) to help you enhance your protection
Rider UIN Scope of Benefits**
HDFC Life Income Benefit on Accidental 101B013V03 A benefit equal to 1% of Rider Sum Assured per month for the next 10 years, in
Disability Rider case of an Accidental Total Permanent Disability. There is no maturity benefit
available under this rider.

HDFC Life Critical Illness Plus Rider 101B014V02 A lump sum benefit equal to the Rider Sum Assured shall be payable in case you are
diagnosed with any of the 19 Critical Illnesses and survive for a period of 30 days
following the diagnosis. There is no maturity benefit available under this rider.

**For all details on Riders, kindly refer to the Rider Brochures available on our website

SNAPSHOT OF SAMPLE ILLUSTRATION

For Limited Pay:

Sum Assured on Maturity ` 5,00,000
Age (Years) 30 years 40 years 45 years 50 years
Plan Annual GBI Maturity Value at an assumed rate of return
Indicative Annual Premium (in `)
Option Payouts @ 4% (in `)# @ 8% (in `)#
1 62,500 3,52,500 7,12,500 82,185 83,600 85,205 88,130
2 50,000 3,45,000 7,85,000 79,300 80,815 82,500 85,610
3 60,000 3,45,000 8,95,000 67,155 68,035 69,060 70,975
4 50,000 3,30,000 9,95,000 64,240 65,085 66,080 67,970
5 50,000 3,45,000 10,90,000 51,615 52,210 52,925 54,280
6 40,000 3,20,000 12,52,500 47,815 48,395 49,060 NA
7 50,000 1,95,000 6,42,500 1,32,560 1,36,025 1,39,975 1,46,275
8 33,333 5,73,333 8,53,333 1,21,475 1,25,805 1,30,445 1,38,145

For Single Pay:

Sum Assured on Maturity ` 5,00,000
Age (Years) 20 years 25 years 30 years
Policy Annual GBI Maturity Value at an assumed rate of return
Indicative Annual Premium (in `)
Term Payouts @ 4% (in `)# @ 8% (in `)#
15 35,714 2,25,714 6,28,214 6,02,070 6,08,710 6,23,770
20 26,316 1,86,316 8,46,316 5,57,665 5,68,610 5,93,365
25 20,833 1,45,833 10,78,333 5,03,870 5,20,075 5,55,405
# These assumed rates of returns are not guaranteed and they are not the upper or lower limits of what you might get back, as the value of the policy is
dependent on a number of factors including future investment performance

A. The premiums are excluding applicable taxes & levies. B. This snapshot of illustration is only for HDFC Life Super Income Plan for a healthy male life. C. The
values shown are for illustrative purpose only. D. The illustrated values may not be constant over the policy year. E. Some benefits are guaranteed and some
benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed
benefits then these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers variable benefits then the illustrations on
this page will show two different rates of assumed future investment returns. These assumed rates of return are not guaranteed and they are not the upper
or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including future investment performance. F. The
Maturity Payout is aggregate of accrued bonuses and last guaranteed base income payout. For detailed illustration, please speak to your Financial
Consultant. Please refer to the product brochure for details on benefits, charges and conditions. *
TERMS & CONDITIONS Otherwise, insurer will not be liable if a bonafide payment is made to the
A) Exclusion: person named in the text of the policy or in the registered records of the
In case of death due to suicide within 12 months from the date of insurer.
commencement of risk under the policy or from the date of revival of the (7) Fee to be paid to the insurer for registering change or cancellation of a
policy, as applicable, the nominee or beneficiary of the policyholder shall be
nomination can be specified by the Authority through Regulations.
entitled to at least 80% of the total premiums paid till the date of death or
the surrender value available as on the date of death whichever is higher, (8) A transfer or assignment made in accordance with Section 38 shall
provided the policy is in force. automatically cancel the nomination except in case of assignment to the
insurer or other transferee or assignee for purpose of loan or against
B) Tax Benefits:
security or its reassignment after repayment. In such case, the
Tax Benefits are governed by prevailing tax laws. You are requested to
nomination will not get cancelled to the extent of insurer’s or transferee’s
consult your tax advisor.
or assignee’s interest in the policy. The nomination will get revived on
C) Cancellation in the free-look period: repayment of the loan.
In case you are not agreeable to the any policy terms and conditions, you (9) The provisions of Section 39 are not applicable to any life insurance policy
have the option of returning the policy to us stating the reasons thereof,
to which Section 6 of Married Women’s Property Act, 1874 applies or has
within 15 days from the date of receipt of the policy. The free-look period for
at any time applied except where before or after Insurance Laws
policies purchased through distance marketing (specified below) will be 30
days. On receipt of your letter along with the original policy documents, we (Amendment) Act 2015, a nomination is made in favour of spouse or
shall arrange to refund you the premium, subject to deduction of the children or spouse and children whether or not on the face of the policy it
proportionate risk premium for the period on cover, the expenses incurred is mentioned that it is made under Section 39. Where nomination is
by us on medical examination if any and stamp duty. A policy once returned intended to be made to spouse or children or spouse and children under
shall not be revived, reinstated or restored at any point of time and a new
Section 6 of MWP Act, it should be specifically mentioned on the policy. In
proposal will have to be made for a new policy.
such a case only, the provisions of Section 39 will not apply
Distance Marketing refers to insurance policies sold over the telephone or
the internet or any other method that does not involve face-to-face selling G) Assignment or Transfer:
Sec 38 of insurance Act 1938 as amended from time to time
D) Alterations:
Alteration to premium frequency is allowed, subject to the terms and (1) This policy may be transferred/assigned, wholly or in part, with or without

conditions. consideration.

(2) An Assignment may be effected in a policy by an endorsement upon the

E ) A n u n d e r w r i t i n g ex t ra p re m i u m m ay b e c h a rg e d i n c a s e of
policy itself or by a separate instrument under notice to the Insurer.
Substandard lives and Smokers as per our prevalent Underwriting policy
(3) The instrument of assignment should indicate the fact of transfer or
F) Nomination: assignment and the reasons for the assignment or transfer, antecedents
Sec 39 of insurance Act 1938 as amended from time to time
of the assignee and terms on which assignment is made.
(1) The policyholder of a life insurance on his own life may nominate a person or
(4) The assignment must be signed by the transferor or assignor or duly
persons to whom money secured by the policy shall be paid in the event of
authorized agent and attested by at least one witness.
his death.
(5) The transfer or assignment shall not be operative as against an Insurer
(2) Where the nominee is a minor, the policyholder may appoint any person to
until a notice in writing of the transfer or assignment and either the said
receive the money secured by the policy in the event of policyholder’s death
endorsement or instrument itself or copy there of certified to be correct
during the minority of the nominee. The manner of appointment to be laid
by both transferor and transferee or their duly authorized agents have
down by the insurer.
been delivered to the Insurer.
(3) Nomination can be made at any time before the maturity of the policy.
(6) Fee to be paid for assignment or transfer can be specified by the Authority
(4) Nomination may be incorporated in the text of the policy itself or may be
through Regulations.
endorsed on the policy communicated to the insurer and can be registered
(7) On receipt of notice with fee, the Insurer should Grant a written
by the insurer in the records relating to the policy.
acknowledgement of receipt of notice. Such notice shall be conclusive
(5) Nomination can be cancelled or changed at any time before policy
evidence against the insurer of duly receiving the notice.
matures, by an endorsement or a further endorsement or a will as the case
may be. (8) The Insurer may accept or decline to act upon any transfer or assignment

(6) A notice in writing of Change or Cancellation of nomination must be or endorsement, if it has sufficient reasons to believe that it is (a) not

delivered to the insurer for the insurer to be liable to such nominee. bonafide or (b) not in the interest of the policyholder or (c) not in public
 interest or (d) is for the purpose of trading of the insurance policy. GSV Factors (% of cumulative premiums) - Option 9

Policy Policy Term

(9) In case of refusal to act upon the endorsement by the Insurer, any person
Year 15 16 17 18 19 20 21
aggrieved by the refusal may prefer a claim to IRDAI within 30 days of
1 75% 75% 75% 75% 75% 75% 75%
receipt of the refusal letter from the Insurer.
2 75% 75% 75% 75% 75% 75% 75%
Section F (Nomination) and G (Assignment or Transfer) are simplified versions 3 75% 75% 75% 75% 75% 75% 75%

prepared for general information only and hence are not comprehensive. For full 4 90% 90% 90% 90% 90% 90% 90%
5 90% 90% 90% 90% 90% 90% 90%
texts of these sections please refer to Section 38 and Section 39 of the
6 90% 90% 90% 90% 90% 90% 90%
Insurance Act, 1938 as amended by The Insurance Laws (Amendment) Act,
7 90% 90% 90% 90% 90% 90% 90%
2015. 8 90% 90% 90% 90% 90% 90% 90%
9 90% 90% 90% 90% 90% 90% 90%
H) Conversion Factor: The instalment premium for the premium payment
10 90% 90% 90% 90% 90% 90% 90%
frequencies other than annual mode is arrived at by multiplying the
11 90% 90% 90% 90% 90% 90% 90%
annual premium by the conversion factors, given below 12 90% 90% 90% 90% 90% 90% 90%

Premium 13 90% 90% 90% 90% 90% 90% 90%

Frequency Annual Half-Yearly Quarterly Monthly 90% 90% 90% 90% 90% 90% 90%
14
Conversion 15 90% 90% 90% 90% 90% 90% 90%
1.00 0.51 0.26 0.0875
Factor 16 90% 90% 90% 90% 90% 90%
17 90% 90% 90% 90% 90%
I) Guaranteed Surrender Value Factors:
18 90% 90% 90% 90%
I. Guaranteed Surrender Value (GSV) Factors as percentage of total 90% 90% 90%
19
premiums paid 90% 90%
20
For Limited Pay Policy 21 90%

GSV Factors (% of cumulative premiums) GSV Factors (% of cumulative premiums) - Option 9

Policy
Option Option Option Option Option Option Option Option Policy Policy Term
Year 1 2 3 4 5 6 7 8 Year
1 0% 0% 0% 0% 0% 0% 0% 0% 22 23 24 25 26 27

2 30% 30% 30% 30% 30% 30% 30% 30% 1 75% 75% 75% 75% 75% 75%
3 35% 35% 35% 35% 35% 35% 35% 35% 2 75% 75% 75% 75% 75% 75%

4 50% 50% 50% 50% 50% 50% 50% 50% 3 75% 75% 75% 75% 75% 75%

5 50% 50% 50% 50% 50% 50% 50% 50% 4 90% 90% 90% 90% 90% 90%

6 50% 50% 50% 50% 50% 50% 50% 50% 5 90% 90% 90% 90% 90% 90%

7 50% 50% 50% 50% 50% 50% 50% 50% 6 90% 90% 90% 90% 90% 90%

55% 54% 53% 53% 53% 52% 56% 7 90% 90% 90% 90% 90% 90%
8 53%
56% 55% 54% 61% 8 90% 90% 90% 90% 90% 90%
9 60% 58% 57% 57%
59% 58% 9 90% 90% 90% 90% 90% 90%
10 65% 62% 60% 56% 67% 60%
61% 60% 10 90% 90% 90% 90% 90% 90%
11 70% 66% 63% 58% 73% 63%
11 90% 90% 90% 90% 90% 90%
12 75% 70% 67% 64% 63% 61% 79% 67%
12 90% 90% 90% 90% 90% 90%
13 80% 74% 70% 67% 65% 63% 84% 70%
13 90% 90% 90% 90% 90% 90%
14 85% 78% 73% 70% 68% 65% 90% 73%
14 90% 90% 90% 90% 90% 90%
15 90% 82% 77% 73% 70% 67% 90% 77%
15 90% 90% 90% 90% 90% 90%
16 90% 86% 80% 76% 73% 69% 80%
16 90% 90% 90% 90% 90% 90%
17 90% 83% 79% 75% 71% 83%
17 90% 90% 90% 90% 90% 90%
18 90% 87% 81% 78% 73% 87%
18 90% 90% 90% 90% 90% 90%
19 90% 84% 80% 75% 90%
19 90% 90% 90% 90% 90% 90%
20 90% 87% 83% 77% 90%
20 90% 90% 90% 90% 90% 90%
21 90% 85% 79%
21 90% 90% 90% 90% 90% 90%
22 90% 88% 82%
22 90% 90% 90% 90% 90% 90%
23 90% 84%
23 90% 90% 90% 90% 90%
24 90% 86%
24 90% 90% 90% 90%
25 88%
25 90% 90% 90%
26 90% 90% 90%
26
27 90% 90%
27
 For Single Pay Policies
II. Guaranteed Surrender Value (GSV) Factors as percentage of accrued Product Option 9
bonuses
Policy Policy Term
For Limited Pay Policies
Year 15 16 17 18 19 20 21
Product Option 4.2% 3.7% 3.2% 2.8% 2.4% 2.1% 1.8%
Policy 1
Option Option Option Option Option Option Option Option
Year 1 2 3 4 5 6 7 8 2 4.9% 4.2% 3.7% 3.2% 2.8% 2.4% 2.1%
2 4.2% 3.2% 2.4% 1.8% 1.4% 0.9% 4.9% 2.4% 3 5.6% 4.9% 4.2% 3.7% 3.2% 2.8% 2.4%
3 4.9% 3.7% 2.8% 2.1% 1.6% 1.0% 5.6% 2.8% 4 6.4% 5.6% 4.9% 4.2% 3.7% 3.2% 2.8%
4 5.6% 4.2% 3.2% 2.4% 1.8% 1.2% 6.4% 3.2% 5 7.4% 6.4% 5.6% 4.9% 4.2% 3.7% 3.2%
5 6.4% 4.9% 3.7% 2.8% 2.1% 1.4% 7.4% 3.7% 6 8.5% 7.4% 6.4% 5.6% 4.9% 4.2% 3.7%

6 7.4% 5.6% 4.2% 3.2% 2.4% 1.6% 8.5% 4.2% 7 9.8% 8.5% 7.4% 6.4% 5.6% 4.9% 4.2%

7 8.5% 6.4% 4.9% 3.7% 2.8% 1.8% 9.8% 4.9% 8 11.3% 9.8% 8.5% 7.4% 6.4% 5.6% 4.9%

8 9.8% 7.4% 5.6% 4.2% 3.2% 2.1% 11.3% 5.6% 9 13.0% 11.3% 9.8% 8.5% 7.4% 6.4% 5.6%

9 11.3% 8.5% 6.4% 4.9% 3.7% 2.4% 13.0% 6.4% 10 14.9% 13.0% 11.3% 9.8% 8.5% 7.4% 6.4%

10 13.0% 9.8% 7.4% 5.6% 4.2% 2.8% 14.9% 7.4% 11 17.2% 14.9% 13.0% 11.3% 9.8% 8.5% 7.4%

14.9% 11.3% 8.5% 6.4% 4.9% 3.2% 12 19.7% 17.2% 14.9% 13.0% 11.3% 9.8% 8.5%
11 17.2% 8.5%
7.4% 5.6% 3.7% 13 22.7% 19.7% 17.2% 14.9% 13.0% 11.3% 9.8%
12 17.2% 13.0% 9.8% 19.7% 9.8%
8.5% 6.4% 14 26.1% 22.7% 19.7% 17.2% 14.9% 13.0% 11.3%
13 19.7% 14.9% 11.3% 4.2% 22.7% 11.3%
15 30.0% 26.1% 22.7% 19.7% 17.2% 14.9% 13.0%
14 22.7% 17.2% 13.0% 9.8% 7.4% 4.9% 26.1% 13.0%
16 30.0% 26.1% 22.7% 19.7% 17.2% 14.9%
15 26.1% 19.7% 14.9% 11.3% 8.5% 5.6% 30.0% 14.9%
17 30.0% 26.1% 22.7% 19.7% 17.2%
16 30.0% 22.7% 17.2% 13.0% 9.8% 6.4% 17.2%
18 30.0% 26.1% 22.7% 19.7%
17 26.1% 19.7% 14.9% 11.3% 7.4% 19.7%
19 30.0% 26.1% 22.7%
18 30.0% 22.7% 17.2% 13.0% 8.5% 22.7%
20 30.0% 26.1%
19 26.1% 19.7% 14.9% 9.8% 26.1%
21 30.0%
20 30.0% 22.7% 17.2% 11.3% 30.0%
21 26.1% 19.7% 13.0% GSV Factors (% of cumulative premiums) - Option 9
Policy Policy Term
22 30.0% 22.7% 14.9%
Year
23 26.1% 17.2% 22 23 24 25 26 27

24 30.0% 19.7% 1 1.6% 1.4% 1.2% 1.0% 0.9% 0.8%

25 22.7% 2 1.8% 1.6% 1.4% 1.2% 1.0% 0.9%

26 26.1% 3 2.1% 1.8% 1.6% 1.4% 1.2% 1.0%

27 30.0% 4 2.4% 2.1% 1.8% 1.6% 1.4% 1.2%

5 2.8% 2.4% 2.1% 1.8% 1.6% 1.4%
6 3.2% 2.8% 2.4% 2.1% 1.8% 1.6%
7 3.7% 3.2% 2.8% 2.4% 2.1% 1.8%
8 4.2% 3.7% 3.2% 2.8% 2.4% 2.1%
9 4.9% 4.2% 3.7% 3.2% 2.8% 2.4%
10 5.6% 4.9% 4.2% 3.7% 3.2% 2.8%
11 6.4% 5.6% 4.9% 4.2% 3.7% 3.2%
12 7.4% 6.4% 5.6% 4.9% 4.2% 3.7%
13 8.5% 7.4% 6.4% 5.6% 4.9% 4.2%
14 9.8% 8.5% 7.4% 6.4% 5.6% 4.9%
15 11.3% 9.8% 8.5% 7.4% 6.4% 5.6%
16 13.0% 11.3% 9.8% 8.5% 7.4% 6.4%
17 14.9% 13.0% 11.3% 9.8% 8.5% 7.4%
18 17.2% 14.9% 13.0% 11.3% 9.8% 8.5%
19 19.7% 17.2% 14.9% 13.0% 11.3% 9.8%
20 22.7% 19.7% 17.2% 14.9% 13.0% 11.3%
21 26.1% 22.7% 19.7% 17.2% 14.9% 13.0%
22 30.0% 26.1% 22.7% 19.7% 17.2% 14.9%
23 30.0% 26.1% 22.7% 19.7% 17.2%
24 30.0% 26.1% 22.7% 19.7%
25 30.0% 26.1% 22.7%
26 30.0% 26.1%
27 30.0%
J) Section 41 of the Insurance Act, 1938 as amended from time to legal representatives or nominees or assignees of the insured the grounds
time states: and materials on which such decision to repudiate the policy of life
(1) No person shall allow or offer to allow, either directly or indirectly, as an insurance is based: Provided further that in case of repudiation of the
inducement to any person to take or renew or continue an insurance in policy on the ground of misstatement or suppression of a material fact,
respect of any kind of risk relating to lives or property in India, any rebate and not on the ground of fraud, the premiums collected on the policy till
of the whole or part of the commission payable or any rebate of the the date of repudiation shall be paid to the insured or the legal
premium shown on the policy, nor shall any person taking out or renewing representatives or nominees or assignees of the insured within a period of
or continuing a policy accept any rebate, except such rebate as may be ninety days from the date of such repudiation.
allowed in accordance with the published prospectuses or tables of the (5) Nothing in this section shall prevent the insurer from calling for proof of
insurer: age at any time if he is entitled to do so, and no policy shall be deemed to be
Provided that acceptance by an insurance agent of commission in called in question merely because the terms of the policy are adjusted on
connection with a policy of life insurance taken out by himself on his own subsequent proof that the age of the life insured was incorrectly stated in
life shall not be deemed to be acceptance of a rebate of premium within the proposal.
the meaning of this sub-section if at the time of such acceptance the L) In case of fraud or misrepresentation including non-disclosure of any
insurance agent satisfies the prescribed conditions establishing that he is material facts, the Policy shall be cancelled immediately and the
a bona fide insurance agent employed by the insurer. S u r r e n d e r Va l u e s h a l l b e p ay a b l e , s u b j e c t t o t h e f r a u d o r
(2) Any person making default in complying with the provisions of this misrepresentation being established in accordance with Section 45 of the
section shall be liable for a penalty which may extend to ten lakh rupees. Insurance Act, 1938.
K) Non-Disclosure: Section 45 of the Insurance Act, 1938 as
M) Indirect & Direct Taxes:
amended from time to time states:
Indirect Taxes
(1) No policy of life insurance shall be called in question on any ground
Taxes and levies as applicable will be charged and are payable by you by
whatsoever after the expiry of three years from the date of the policy, i.e.,
any method including by levy of an additional monetary amount in
from the date of issuance of the policy or the date of commencement of
addition to premium and/or charges.
risk or the date of revival of the policy or the date of the rider to the policy,
Direct Taxes
whichever is later.
Tax will be deducted at the applicable rate from the payments made
(2) A policy of life insurance may be called in question at any time within
under the policy, as per the provisions of the Income Tax Act, 1961 as
three years from the date of issuance of the policy or the date of
amended from time to time.
commencement of risk or the date of revival of the policy or the date of the
rider to the policy, whichever is later, on the ground of fraud: Provided that N) The Additional Services :
the insurer shall have to communicate in writing to the insured or the legal (1) A charge of Rs. 250 per request will be levied for any additional servicing
representatives or nominees or assignees of the insured the grounds and requests. This charge may be increased to allow for inflation. The list of
materials on which such decision is based. services where this charge is applicable is specified below.
(3) Notwithstanding anything contained in sub-section (2), no insurer shall (2) The following lists the services on which Additional Servicing Charge is
repudiate a life insurance policy on the ground of fraud if the insured can applicable. Any administrative servicing that we may introduce at a later
prove that the mis-statement of or suppression of a material fact was true date would be added to this list:
to the best of his knowledge and belief or that there was no deliberate • Cheque bounce/cancellation of cheque.
intention to suppress the fact or that such mis-statement of or • Request for duplicate documents such as duplicate Policy Document etc.
suppression of a material fact are within the knowledge of the insurer: • Failure of ECS/SI due to an error at Policyholder's end.
Provided that in case of fraud, the onus of disproving lies upon the
beneficiaries, in case the policyholder is not alive.
(4) A policy of life insurance may be called in question at any time within
three years from the date of issuance of the policy or the date of
commencement of risk or the date of revival of the policy or the date of the
rider to the policy, whichever is later, on the ground that any statement of
or suppression of a fact material to the expectancy of the life of the
insured was incorrectly made in the proposal or other document on the
basis of which the policy was issued or revived or rider issued: Provided
that the insurer shall have to communicate in writing to the insured or the
 Contact us today

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HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245.
IRDAI Registration No. 101.
Registered Office: 13th Floor, Lodha Excelus, Apollo Mills Compound, N. M. Joshi Marg, Mahalaxmi, Mumbai - 400 011.
Email: service@hdfclife.com, Tel. No: 1860 267 9999 (Mon-Sat 10 am to 7 pm) Local charges apply. Do NOT prefix any country code. e.g. +91 or 00. Website: www.hdfclife.com
The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an
agreement entered into with HDFC Limited.
HDFC Life Super Income Plan (UIN No: 101N098V05, Form No: P501-121-01) is a Non-Linked Participating Money Back Life Insurance Plan. Life Insurance Coverage is
available in this product. This version of the product brochure invalidates all previous printed versions for this particular plan. This Product brochure is indicative of the terms,
warranties, conditions and exclusions contained in the insurance policy. Please know the associated risk and applicable charges from your insurance agent or the intermediary or
policy document of the insurer. ARN: PP/09/19/15743.

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Public receiving such phone calls are requested to lodge a police complaint.