HDFC Unit Linked Wealth Maximiser Plus
Ideally, just how spending comes to you, so must saving and investing. You are able
to finance your expenses and take care of your family’s needs in present times.
However, to ensure that family is able to maintain the same standard of living in
the future, you need to make the right kind of investment today. HDFC Unit Linked
Wealth Maximiser Plus, a unique Single Premium investment cum protection plan is
a tailor made plan well suited to meet your long-term investment needs and help
you maintain your family’s financial independence. This plan also gives regular
Loyalty Units to boost your fund value each year.
Features
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Advantages
- This plan not only strives to maximise your investment return and providing long-term
real growth for your money but also gives you an enhanced flexibility to suit your
protection needs.
- This plan gives you regular Loyalty Units to boost your fund value every year. At
the end of every policy year, we will increase the number of units (Loyalty Units)
in each of your funds by 0.10% as long as your policy is not surrendered. The compounding
effect of these regular additions is expected to boost your final proceeds.
- In case you opt for “1.1x” Sum Assured, this plan is also available with limited
underwriting wherein you will to fill a Short Medical Questionnaire (SMQ)
- We have a Fund Management Charge (FMC) of 1.75% per annum (of the fund’s value)
- You can change your investment fund choices through switching where you can move
your accumulated funds from one fund to another anytime
- This is a single premium plan and subject to appropriate tax treatment under the
Income Tax Act 1961. Currently Section 80C benefit is available for the premium
paid into the plan subject to the limits in that section. Benefits received under
Section 10(10D) will be exempt from tax subject to the limited contained therein
For more details on risk factors, terms and conditions, please read the Product
Brochure carefully and/or consult Financial Consultant before taking a decision.