HDFC Unit Linked Endowment II:

HDFC Unit Linked Endowment II is a plan that is specially designed to save your family in the future. 

Your family might have to face the problem of rising cost of living at a time when your income would be less than it is now.  An insurance policy when you were earning better, would be very helpful to when you need it the most.

If you start increasing your savings now, you can make sure that your loved ones can be financially safe in the future.

By buying HDFC Unit Linked Endowment II you have the following advantages:
This plan provides you with the death benefit by which if you die during the policy term, your beneficiary will receive the greater of your sum assured as well as your whole fund value.

This plan provides you with four additional plan benefits to choose from.  You are permitted to opt for any one of them only.  They are the Life Option by which you would receive the death benefit. 

If you have opted for the Extra Life Option, you would receive the death benefit as well as the accidental death benefit.  

There is also a Life and Health Option by which you would receive the death benefit as well as the critical illness benefit.  By choosing the Extra Life and Health Option, you are eligible to receive the death benefit, accidental death benefit as well as critical illness benefit. 

You are permitted to choose whatever plan you want according to what benefits you want to receive.

If you want to continue with this policy in the long term and in turn receive a higher value at the time of maturity, you can opt to pay the low fund management charge, which amounts to around 1.25%.  By doing this you can have a greater maturity value at maturity of the policy.

By purchasing a HDFC’s Unit Linked Endowment II for your family, you can ensure that you can provide your family with the same standard of living even though the cost of living is rising with each year.