Policy Term

• The minimum policy term is 10 years.
• The maximum policy term is 20 years.
• Policy terms between 11 and 14 years are not available.

Age Limit

• The minimum age entry for the Life Option is 18 years.
• The maximum entry age is 65 years.
• The maximum age at maturity is 75 years.

Changing Investment Fund Choices

• Switching: Transfer accumulated funds between different funds at any time.

• Premium Redirection: Pay future premium payments to a different selection of funds, as needed.

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• Details of the Commission earned by the Bank as corporate agent from Life Insurance distribution business are as follows:

• Please note, commission payable for group products is 5%

Note: The commission varies depending upon the product in each category, tenure, amount of premium and premium paying tem. 
*For Group products commission payable is with a ceiling on the maximum payout as defined by Insurance Regulatory and Development Authority of India (IRDAI) from time to time.

• HDFC Standard Life Insurance Company Limited, Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011 : - The policy holder may avail of benefits as provided under the tax laws. The premium would be subject to Service tax & education cess as per applicable tax rates. Tax laws are subject to change on the basis of the amendments made from time to time.
• HDFC Standard Life Insurance Company Limited. In Partnership with Standard Life Insurance is the subject matter of the solicitation. For more details on risk factors, terms and conditions and exclusions please read the product brochure before conclusion of sale. HDFC Life ClassicAssure Plus Form No: P501-113 & UIN: 101N089V01 is a traditional insurance product offered by HDFC Life. This is a participating plan. The name of the company, name of the brand and the name of the product does not indicate the quality of the plan. HDFC Standard Life Insurance Co.Ltd. Reg.No.101
• HDFC Bank Limited (" HDFC Bank") is a corporate insurance agent of HDFC Standard Life Insurance Company Limited (" HDFC Life") under Corporate Agent's license no.933982 issued by Insurance Regulatory & Development Authority of India and does not underwrite the risk or acts as an insurer. The insurance is underwritten by HDFC Life. This policy is issued to you by HDFC Life and is subject to the terms and conditions governing such policy. The contract of insurance is between HDFC Life and the insured only, and not between HDFC Bank and the insured. HDFC Bank acts merely as the corporate agent of HDFC Life and there is no direct or indirect linkage between the provisions of the banking services offered by HDFC Bank. Your participation in this product is purely on a voluntary basis. HDFC Bank is not responsible or liable for the performance of any obligations under the insurance contract.

• *The Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.