Non-Resident Indians (NRIs) constitute a sizable portion of the new global workforce. These NRIs are greatly participating in the Indian market through several investment options. HDFC Life offers a wide range of insurance plans tailored to meet the unique needs of NRI customers. HDFC Life NRI plans offer the same level of protection for Non-Resident Indians as for domestic users.
Also Read: NRI Life Insurance Policy: Which one to opt?
Features and benefits of HDFC Life NRI insurance plans
- Custom-made insurance plans for the unique needs of NRIs.
- Designed to provide protection to the family of NRIs.
- Available in the form of investment plans, child insurance plans, term insurance plans, or pension plans.
- NRIs can choose additional riders to enhance the protection offered by HDFC Life NRI Plans.
- You can choose the amount and term as per requirements.
HDFC Life insurance policies for NRIs
HDFC Life insurance for NRIs are available under different categories as under:
HDFC term insurance plans for NRIs
You can get two HDFC term insurance plans under HDFC Life NRI plans:
HDFC Life Click 2 Protect Plus Plan:
HDFC Life Click 2 Protect Plus is a comprehensive insurance plan. This is an ideal plan for NRIs looking for substantial financial coverage at an affordable cost. Moreover, this plan comes with a range of riders and benefits for the secure future of the policyholder and family members.
| Plan name | Entry age | Maturity age | Premium |
|---|---|---|---|
| HDFC Life Click 2 Protect Plus | – Minimum: 18 years – Maximum: 65 years | Maximum: 75 years | – Minimum: Rs. 3,000 (annualised premium) – Maximum: No upper limit |
HDFC Life Click 2 Protect 3D Plus
HDFC Life Click 2 Protect 3D Plus is an innovative, non-linked, non-participating term insurance plan that provides protection against 3Ds including death, disease and disability. It also offers whole life protection.
| Plan name | Entry age | Maturity age | Premium |
|---|---|---|---|
| HDFC Life Click 2 Protect 3D Plus | Minimum: – 25 years for life long protection, 3D life long protection plans – 18 years for the rest Maximum: 65 years | – Minimum: 23 years for all plans other than life long and 3D life long protection plans – Maximum: 75 years for all plans other than life long and 3D life long protection plans | Minimum: – Annual: Rs. 2234 – Single: Rs. 10,164 – Maximum: No upper limit |
NRI child insurance plans
HDFC Life offers 2 child insurance plans
HDFC Life YoungStar Udaan:
This traditional insurance plan is availed by a parent to secure the future of his/ her children. Based on the future expectation for their child, you can choose from 3 maturity benefits. The plan has 2 death benefit options.
| Plan name | Entry age | Maturity age | Premium |
|---|---|---|---|
| HDFC Life YoungStar Udaan | Minimum: – 30 days for option 1 – 8 years for option 2 and 3 – 18 years for all options Maximum: – 60 years for 1, 2 and 3 options – 55 years for all options | Minimum: – 18 years for 1 option – 23 years for 2 and 3 options – 33 years for all options Maximum: – 75 years | Minimum: – Monthly: Rs. 2,000 – Quarterly: Rs. 6,000 – Half-yearly: 12,000 – Yearly: 24,000 Maximum: No upper limit |
HDFC SL YoungStar Super Premium
This unit linked insurance plan comes with two payment options – Save Benefit and Save-n-Gain Benefit. NRI customers can choose from four fund options depending on their future expectations.
| Plan name | Entry age | Maturity age | Premium |
|---|---|---|---|
| HDFC SL YoungStar Super Premium | – Minimum: 18 years Maximum: – 65 years for Life option – 55 years for Life & Health option | Maximum: – 75 years for life option – 65 years for life & health option | – Minimum: Rs. 15,000 – Maximum: No upper limit |
HDFC Retirement Plans – Here are 7 retirement plans for NRI customers
HDFC Life Click 2 Retire
This unit linked pension scheme provides assured vesting benefits without entry and exit charges.
| Plan name | Entry age | Vesting age | Premium |
|---|---|---|---|
| HDFC Life Click 2 Retire | – Minimum: 18 years – Maximum: 65 years | – Minimum: 18 years – Maximum: 65 years | Minimum: – Single: Rs. 50,000 – Monthly: 2,000 – Quarterly: Rs. 6,000 – Half-yearly: 12,000 – Annual: 24,000 Maximum: No upper limit |
HDFC Life Guaranteed Pension Plan
HDFC Life Guaranteed is a traditional pension scheme that offers guaranteed additions to policyholders along with vesting benefits and a death benefit.
| Plan name | Entry age | Vesting age | Premium |
|---|---|---|---|
| HDFC Life Guaranteed Pension Plan | – Minimum: 35 years – Maximum: 65 years | – Minimum: 55 years – Maximum: 75 years | Minimum: – Monthly: 2,000 – Quarterly: Rs. 6,000 – Half-yearly: 12,000 – Annual: 24,000 Maximum: No upper limit |
HDFC Life personal pension plus
This traditional pension plan offers bonuses to the policyholder. It also offers vesting and death benefits.
| Plan name | Entry age | Vesting age | Premium |
|---|---|---|---|
| HDFC Life Personal Pension Plus | – Minimum: 18 years – Maximum: 65 years | – Minimum: 55 years – Maximum: 75 years | Minimum: – Monthly: 2,000 – Quarterly: Rs. 6,000 – Half-yearly: 12,000 – Annual: 24,000 Maximum: No upper limit |
HDFC Life New Immediate Annuity Plan
This scheme is not linked to any market instruments. NRIs can avail from a host of annuity options to ensure a peaceful and tension free retirement.
| Plan name | Entry age | Vesting age | Premium |
|---|---|---|---|
| HDFC Life New Immediate Annuity Plan | – Minimum: 30 years – Maximum: 85 years | N/A | Minimum: – Monthly: 1,000 – Quarterly: Rs. 3,000 – Half-yearly: 5,000 – Annual: 10,000 Maximum: No upper limit |
HDFC Life Assured Pension Plan
This is a unit linked pension plan for retirement
| Plan name | Entry age | Vesting age | Premium |
|---|---|---|---|
HDFC Life Assured Pension Plan | – Minimum: 18 years – Maximum: 65 years | – Minimum: 45 years – Maximum: 75 years | Minimum: – Single: 50,000 – Monthly: 2,000 – Quarterly: Rs. 6,000 – Half-yearly: 12,000 – Annual: 24,000 Maximum: No upper limit |
HDFC Life Pension Super Plus
This unit linked policy invests in the Pension Super Plus 2012 fund.
| Plan name | Entry age | Vesting age | Premium |
|---|---|---|---|
HDFC Life Pension Super Plus | – Minimum: 35 years – Maximum: 65 years | – Minimum: 55 years – Maximum: 75 years | Minimum: – Monthly: 2,000 – Quarterly: Rs. 6,000 – Half-yearly: 12,000 – Annual: 24,000 Maximum: No upper limit |
HDFC Life Guaranteed Pension Plan
| Plan name | Entry age | Vesting age | Premium |
|---|---|---|---|
HDFC Life Guaranteed Pension Plan | – Minimum: 35 years – Maximum: 65 years | – Minimum: 55 years – Maximum: 75 years | Minimum: – Monthly: 2,000 – Quarterly: Rs. 6,000 – Half-yearly: 12,000 – Annual: 24,000 Maximum: No upper limit |
HDFC Life Personal Pension Plus
| Plan name | Entry age | Vesting age | Premium |
|---|---|---|---|
HDFC Life Personal Pension Plus | – Minimum: 18 years – Maximum: 65 years | – Minimum: 55 years – Maximum: 75 years | Minimum: – Monthly: 2,000 – Quarterly: Rs. 6,000 – Half-yearly: 12,000 – Annual: 24,000 Maximum: No upper limit |
Also Read: Term Insurance for NRIs in India: Features & Benefits
HDFC Life savings and investment plans
| Plan name | Entry age | Maturity age | Premium |
|---|---|---|---|
| HDFC Life Uday | – Minimum: 18 years – Maximum: 55 years | – Minimum: 30 years – Maximum: 70 years | Minimum: – Monthly: Rs. 5,00 – Quarterly: Rs. 1,250 – Half-yearly: 2,500 – Yearly: 5,000 Maximum: No upper limit |
HDFC Life Click 2 Invest ULIP | – Minimum: 30 days – Maximum: 65 years | – Minimum: 18 years – Maximum: 75 years | Minimum: – Annual: 12,000 – Monthly: Rs. 1,000 – Quarterly: Rs. 3,000 – Half-yearly: 6,000 – Yearly: 12,000 Maximum: No upper limit |
| HDFC Life Sampoorn Samridhi Plus | – Minimum: 30 days – Maximum: 60 years | – Minimum: 18 years – Maximum: 75 years | Minimum: – Monthly: Rs. 1,000 – Quarterly: Rs. 3,000 – Half-yearly: 6,000 – Annual: 12,000 Maximum: No upper limit |
| HDFC Life Super Savings Plans | – Minimum: 30 days – Maximum: 60 years | – Minimum: 18 years – Maximum: 75 years | Minimum: – Monthly: Rs. 2,000 – Quarterly: Rs. 6,000 – Half-yearly: 12,000 – Annual: 24,000 Maximum: No upper limit |
| HDFC Life Classic Assure Plus | Minimum: – For 20-year policy: 30 days – For 15-year policy: 3 years – For 10-year policy: 8 years Maximum: – For 20/10 year policy: 55 years – For 15-year policy: 60 years | Maximum: – For 15/20 year policy: 75 years – For 10-year policy: 65 years | Minimum: – Monthly: Rs. 1,000 – Quarterly: Rs. 3,000 – Half-yearly: 6,000 – Annual: 12,000 Maximum: No upper limit |
HDFC Life Sanchay | – Minimum: 30 days – Maximum: 45 days | – Minimum: 18 years – Maximum: 70 years | Minimum: – Monthly: Rs. 2,500 – Quarterly: Rs. 7,500 – Half-yearly: 15,000 – Annual: 30,000 Maximum: No upper limit |
| HDFC Life Super Income Plan | Minimum: – For 16-year policy: 2 years – For policy between 18 and 27 years: 30 days Maximum: – For 16-year policy: 59 years – For 18-year policy: 57 years – For 20-year policy: 55 years – For 22-year policy: 53 years – For 24-year policy: 51 years – For 27-year policy: 48 years | – Minimum: 18 years – Maximum: 75 years | Minimum: – Monthly: Rs. 2000 – Quarterly: Rs. 60,000 – Half-yearly: 12,000 – Annual: 24,000 Maximum: No upper limit |
| HDFC Life Sampoorn Nivesh | Minimum: – For Classic Benefit & Classic Plus Benefit: 30 days – For Classic Benefit and Classic Waiver Benefit: 18 years | Minimum: – For Classic Benefit and Classic Plus Benefit: 18 years – For Classic Benefit and Classic Waiver Benefit: 28 years | Minimum: – Monthly: Rs. 2,000 – Quarterly: Rs. 6,000 – Half-yearly: Rs. 12,000 – Annual: Rs. 24,000 – Single: Rs. 24,000 Maximum: No upper limit |
| HDFC SL ProGrowth Flexi | Minimum: – For Life Option: 14 years – For Extra Life Option: 18 years Maximum: – For Life Option: 65 years – For Extra Life Option: 55 years | Maximum: – For Life Option: 75 years – For Extra Life Option: 70 years | Minimum: – Monthly: Rs. 2,500 – Half-yearly: Rs. 10,000 – Annual: 24,000 Maximum: – No upper limit |
| HDFC Life ProGrowth Plus | Minimum: – For Life Option: 14 years – For Extra Life Option: 18 years Maximum: – For Life Option: 65 years – For Extra Life Option: 55 years | Maximum: – For Life Option: 75 years – For Extra Life Option: 70 years | Minimum: – Monthly: Rs. 2,500 – Half-yearly: Rs. 10,000 – Annual: 24,000 Maximum: – Rs. 1 lakh per annum |
| HDFC SL ProGrowth Super II | Minimum: – For Life Option: 14 years – For Extra Life Option: 18 years Maximum: – For Life Option: 65 years – For Extra Life Option: 55 years | Maximum: – For Life Option: 75 years – For Extra Life Option: 70 years – For all other plans: 65 years | Varies based on the plan option |
| HDFC SL Crest | – Minimum: 14 years – Maximum: 65 years | Maximum: 65 years | – Minimum: Rs. 50,000 – Maximum: No upper limit |
| HDFC SL ProGrowth Maximiser | – Minimum: 14 years – Maximum: 65 years | Maximum: 75 years | – Minimum: Rs. 50, 000 – Maximum: No upper limit |
Also Read: Why NRIs need life insurance policy in India?
Why HDFC Life NRI insurance is required
HDFC Life NRI plans provide comprehensive protection to insured and family members. These plans offer investors the opportunity to grow their wealth exponentially. HDFC Life Insurance for NRIs is one of the best investment plans to protect the interest of their family back home. HDFC term insurance plans can be bought and monitored online and you don’t need to be present in India.
Living away from India, it is not easy for NRIs to make a decision related to life insurance. At SBNRI, we understand that there are many obstructions faced by NRIs while trying to buy life insurance in India. You can download SBNRI App to connect with our experts and get end-to-end assistance related to an NRI life insurance policy.
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