HDFC Loan Cover Term Assurance Plan

Summary Info

Insurance Company HDFC Standard Life Insurance Company Ltd
Plan Name HDFC Loan Cover Term Assurance Plan
Plan Nature TRADITIONAL
Plan Category Protection Plan
UIN No. 101N006V03
About Plan HDFC Load cover Term Assurance Plan provides a lump sum on the unfortunate death of the life assured within the policy term. If you are taking a loan to buy a house for your family, this plan can help you ensure that lifes uncertainties do not affect their shelter. It is an affordable plan that has been designed to help your family repay the outstanding loan in case of your unfortunate death. The lump sum will be a decreasing percentage of the initial Sum Assured as the outstanding loan decreases as per the loan schedule, the cover under the policy also decreases as per the policy schedule.

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