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HDFC Life Classic Assure Plus - review

HDFC Life ClassicAssure Plus: Here is the Expert Analysis and Detailed Review of Benefits—Updated for 2023

by Holistic 16 Comments | Filed Under: Insurance

Listen to this article


I see that you are in the middle of whether to buy the HDFC Life Classicassure Plus or not.

Or you could have already bought this insurance plan in hopes of good maturity benefits. But now you have a question.

Is it a worthy investment?

You probably have researched a little about this insurance investment plan.

And you still haven’t gotten a definitive answer.

Worry no more, we’ve got you covered!

In this HDFC Life Classicassure Plus review, we’ll observe the pros and cons of this plan in detail.

Do you want to know if HDFC Life Classic Assure Plus is good or bad for you?

Let’s discover!

Table of Contents:

1. HDFC Life ClassicAssure Plus: An Overview
2. Key Features of HDFC Life ClassicAssure Plus

  • HDFC Life ClassicAssure Plus: Premium Details

3. Benefits of HDFC Life ClassicAssure Plus
4. Claims & Promises of HDFC Life ClassicAssure Plus
5. Other Benefits and Bonuses of HDFC Life ClassicAssure Plus

  • Bonuses in HDFC Life ClassicAssure Plus

6. HDFC Life ClassicAssure Plus Review—with Illustration

  • Review of Guaranteed Benefits
  • Review of Non-Guaranteed Benefits

7. HDFC Life ClassicAssure Plus Plan Review And Comparison

  • Review and Comparison with PPF
  • Review and Comparison with ELSS Mutual Funds

8. How to Surrender Your HDFC Life ClassicAssure Plus Plan?

  • Surrender During Free-Look Period
  • Surrender After Free-Look Period

i) Steps to Surrender HDFC Life ClassicAssure Plus plan
ii) Alternate Way to Surrender the Policy
9. Verdict

HDFC Classicassure Plus: An Overview

HDFC Life Classicassure Plus is a simple traditional participating insurance plan—that has been in the market since 2013.

At maturity, the policy will pay the maturity benefits including Reversionary Bonus to the insured.

Or in case of an insured’s untimely demise, while the policy is in force, it will pay the death benefits to the nominee.

Let’s look at the policy details of HDFC Life ClassicAssure Plus before reviewing the advantages and disadvantages of this plan.  

HDFC Life ClassicAssure Plus:Policy Details

The policy offers 3 different policy terms viz. 10, 15, and 20 years.

It also has 2 different Premium Paying Terms (PPT) which will be chosen based on the policy term.
hdfc life classicassure plus key features See the table below for threshold on age eligibility and Sum Assured, etc.

HDFC Life also offers Critical Illness Plus rider and Income Benefit on Accidental Disability rider as optional riders in this policy.

HDFC Life ClassicAssure Plus: Premium Details

The policy has four different premium payment frequencies and their respective minimum limits. See the table below.
hdfc life classicassure plus premium details

Grace Period for Premium Payment: A 15 day grace period for the monthly premium payment option. And a 30 day grace period for Quarterly, Half-Yearly, and Annual premium payment options.

Check out this HDFC ClassicAssure Plus PDF for the official latest brochure of the plan.

HDFC Life ClassicAssure Plus:  Review of Benefits

There are only two different benefit options.

i) Maturity Benefits

On maturity of the HDFC Life ClassicAssure Plus, the policyholder will receive a Lumpsum of—Sum Assured + Bonuses—accrued over the policy term.

ii) Death Benefits

In the event of the policyholder’s death, the HDFC Life ClassicAssure Plus will pay the nominee the highest of the following.

  • Sum Assured on Death
  • 10x Annualized Premium
  • 105% of the Total Premiums Paid

It is, of course, assuming that the policyholder has paid the policy premiums without fail in both cases.

To calculate your premium and benefits, use the HDFC Life Classicassure Plus Calculator.

Besides these, the policy also makes some sincere claims and promises. Let’s analyse them.

HDFC Life ClassicAssure Plus: Claims & Promises

HDFC Life PROMISES a list of things with this insurance plan, stated as:

  • Guaranteed Reversionary Bonus
  • Short Medical Questionnaire (SMQ) instead of a comprehensive medical check-up.
  • Flexibility to Choose Premium Paying Term (PPT)
  • Protection Against Untimely Demise
  • Ideal Plan for Meeting Long-Term Financial Goals

Is HDFC Life ClassicAssure Plus Reversionary Bonus Guaranteed?

Only 3% of the Sum Assured is guaranteed as a reversionary bonus. Everything over and above 3% is subject to change without notice.

See “Review of Guaranteed Benefits” under HDFC Life ClassicAssure Plus Review with illustrations topic shown below in the article.

Is it true that the HDFC Life ClassicAssure Plus plan does not require a medical check-up?

Yes. But, it is only for buyers between the ages 18 and 50, with Sum Assured proposals only up to ₹20 Lakhs.

Although, buyers still have to answer a Short Medical Questionnaire (SMQ) instead of a medical check-up.

Based on your answers to the SMQ, the insurer may request you to undergo a medical check-up.

Is it okay to purchase this policy by answering a questionnaire alone?

Answering the SMQ may be enough to purchase the policy.

But in case of a death claim, it could become problematic.

Medical Questionnaire leaves an ambiguous area where HDFC Life could challenge the death benefit claim. Since there was no comprehensive medical check-up, the claim rejection probability is always high.

Please take a look at the HDF Life ClassicAssure Plus PDF of SMQ here.

How flexible is the Premium Paying Term of HDFC Life ClassicAssure Plus plan?

As seen under the Policy details section, the policy provides only two different premium paying terms. Even that is available only for a policy term of 15 years.

As for protection against untimely demise and long-term financial goals, it requires detailed analysis.

See the HDFC Life ClassicAssure Plus Review with the illustration shown below. But before that, there are other claimed benefits too.

HDFC Life ClassicAssure Plus: Other Benefits and Bonuses

i) Discount Benefits on Policy Premium

A 5% discount on the premium would be offered if the Sum Assured is set at ₹10 Lakhs or higher.

It excludes rider premium, policy fee, and other charges.

ii) Loan Benefits on Premiums Paid

You may avail a loan on your policy for up to 80% of its Surrender Value.
To avail of this feature, you have to be 18 years old or higher and the policy has to be in force.

However, you will be charged interest at the rate of 14%.

Bonuses in HDFC Life ClassicAssure Plus

i) Reversionary Bonus

It has a Guaranteed Reversionary Bonus and Non-Guaranteed Reversionary Bonus. The table below highlights the HDFC Life ClassicAssure Plus Bonus Rate History.

According to Bonus Rate History, if 3% of the Sum Assured of your policy is guaranteed as Reversionary Bonus.

And, If the Sum Assured is ₹10 Lakhs then, Bonus Amount = 10 Lakhs x 3% = ₹30,000/Annum

The guaranteed reversionary bonus will be the same for every year. The guaranteed reversionary bonus will not compound with the Sum Assured.

The Non-Guaranteed Reversionary Bonus rate will be declared and added at the end of every financial year.

ii) Terminal Bonus

HDFC Life has not declared anything about terminal bonuses or any other bonuses apart from the Reversionary Bonuses.

Hence, policyholders should not expect any bonuses other than the guaranteed and non-guaranteed reversionary bonuses.

HDFC Life ClassicAssure Plus Review: with Illustration

To review the total Maturity Benefit or actual returns from HDFC Life ClassicAssure Plus we have to consider 3 different componenets:

1.) Review of Sum Assured on Maturity

Let’s assume you’re a 30-year-old buying the HDFC Life ClassicAssure plus.
For maximum benefit, we shall take the Policy Term and Sum Assured as 20 Years and ₹10 Lakhs respectively.

In that case, the basic features of your policy would look like,
hdfc life classicassure plus review with plan details Let’s see the illustration provided by HDFC Life for this policy plan.
hdfc life classicassure plus review with illustrations

2.) Review of Guaranteed Benefits

The policy provides a guaranteed maximum life cover of ₹15.18 Lakhs in the later years of the policy.

And as promised, the policy also gives the guaranteed 3% reversionary bonus (RB) on the sum assured at maturity.

However, the guaranteed bonus added only for Premium Paying Term, year after year does not compound.

Hence the maximum guaranteed maturity benefit is severely reduced. That is,
hdfc life classicassure plus review of guaranteed benefits

Effectively, the return rate for the guaranteed benefits is 1% p.a.

Yet, the policy’s illustration suggests a higher maturity benefit including the non-guaranteed benefits.

3.) Review of Non-Guaranteed Benefits

The illustration table shows two different non-guaranteed benefits at a gross return rate of 4% and 8% per annum.

The ideal best-case scenario is a gross return of 8% per annum.

The real rate of return after subject to different charges will be much less in the hands of investor. We will calculate it in the following section.

However, over the years, HDFC Life ClassicAssure Plus has shown gross returns even much lesser than 8% per annum. It means the effective return in the hands of investors have been even lesser.

A table of Non-Guaranteed Benefits return rate over the years is shown below.
hdfc classicassure plus reversionary bonus record Despite the past poor records, let us consider the best-case scenario!

Total Benefits Review: Effective Internal Rate of Return

The total maturity benefit has three different components.

They are Sum Assured on Maturity, Guaranteed benefits and the Non-guaranteed benefits.

The reversionary bonuses, both Guaranteed Bonuses and Non-Guaranteed Bonuses, are added only as a simple reversionary bonus. That is, you lose the power of compounding.

Let’s find out the effective rate of return(IRR)  of the HDFC Life ClassicAssure Plus plan in the hands of an investor.

See the IRR calculation table below, with the data from the illustration table.


A 6.69% return for 20 long years—even after making positive assumptions for the non-guaranteed reversionary and terminal bonuses.

It will fall even further if we take away all the positive assumptions.

What are the positive assumptions we made?

  • We assumed the best case 8% return rate from the illustration.
  • Even though the records show that the policy returns is only 4.5% at best.
  • No transparency was shown regarding how the Guaranteed Bonus is added.
  • Only ₹3 Lakhs was shown in the illustration when it is supposed to be ₹6 Lakhs of Guaranteed Bonus.
  • We have assumed GST-free premiums and have not considered a total of ~₹30,000 paid as GST @2.5% on premium as an expense.

It is now evident that the cons of HDFC Life ClassicAssure Plus outweigh its pros.

Do you think it is worthy of your time and energy to invest in such a low return investment?

But again, is there a better investment?

You probably are already aware of other investment instruments like PPF and Mutual Funds.

How do they stand against this HDFC Life ClassicAssure Plus plan?

Will it make a difference in the returns? 

Let’s explore both alternatives in detail to help you get better clarity.

HDFC Life ClassicAssure Plus Plan Review And Comparison

Let’s make it a fair comparison battle in this HDFC Life ClassicAssure Plus Review and Comparison.

The policy’s premiums and benefits are exempt from income tax under sections 80C and 10(10D) of the IT Act, 1961 respectively. Therefore,

  • PPF offers a unique EEE tax exemption.
  • Mutual Fund offers tax deduction under section 80C in ELSS investments.
  • However, ELSS Mutual Funds redemptions are levied LTCG @ 10% over and above ₹1 Lakhs.
  • So we’ll deduct 10% LTCG in this Mutual Fund comparison, too.

HDFC Life ClassicAssure Plus also offers a life cover of ₹15 Lakhs.

Hence,
hdfc life classicassure plus plan review and comparison Now the ground is level with,

  • Same Tax Benefits
  • Same Life Cover
  • Same Policy & Investment Term
  • Different Investment Instruments

Do you want a life coverage along with investment benefits?

Purchase a term life insurance policy. It will provide you with better life coverage at a lower premium.

All that is left to compare is only the investment returns. Let’s put all the cards on the table


i) HDFC Life ClassicAssure Plus Comparison with PPF

As seen in the HDFC Life Classic Assure Plus plan Review above, we’ll take the same investment parameters for comparison. 

The interest rate of PPF for Q4 2022-23 is 7.1% p.a. Here is the plan’s comparison with PPF.

What does the comparison table tell us?

It is understandable that you, as an investor, would want some assurance on investments. 

In such a case, there is the PPF investment for risk-averse investors. 

It has the lowest risk; there is no risk of capital loss. The returns of PPF are assured.

Also, it has a lock-in period of only 15 years. You can even take a loan or make partial withdrawals after the completion of 5th year. 

  • Better liquidity
  • Better assurance by Govt. of India

Still, PPF delivers almost ₹18 Lakhs more than the HDFC Life Classic Assure Plus plan in the form of Guaranteed Returns. 

For a conservative investor, PPF + Term Insurance proves to be a better alternative than HDFC Life Classicassure Plus..

But what if you could learn to manage risks? 

What if you could work on and improve your risk tolerance? 

HDFC Life ClassicAssure Plus Review and Comparison with Mutual Funds

The best performing ELSS Mutual Fund has given a return of more than 17% p.a.

However, considering the risks involved we are going to assume a conservative 12% in this review and comparison.

See the table below for the potential return on investment in ELSS Mutual Funds for the same investment parameters.
hdfc life classicassure plus review and comparison with mutual funds Even though the assumed rate of return is 12%, the LTCG tax @ 10% would have reduced the real return.

Only an IRR calculation will show the real rate of return for this ELSS investment.

See the IRR table below.
hdfc life classicassure plus elss mutual fund irr calculation

An IRR of 11.07% from ELSS investment is a sure winner against the best-case scenario 6.69% IRR of HDFC Life ClassicAssure Plus. 

This is the return an average performing Mutual Fund can offer, after deduction of LTCG tax. 

Even better, it offers better liquidity on investments. ELSS Mutual Funds have a lock-in period of only 3 years, whereas the ClassicAssure Plus plan has a minimum of 10 years. 

  • Better liquidity
  • Better Regulation by SEBI
  • Better Transparency
  • Extremely better returns

You only have to learn how to manage risks and become a real investor. 

Invest in ELSS Mutual Funds if you want to invest for the long term and get higher returns.

When it comes to life insurance, Term Insurance is the way to go.

But what if you have already invested in such a poor insurance investment? 

If you have, you can always fix this terrible investment mistake. Check out, 

How to Surrender /Cancel HDFC Life ClassicAssure Plus Plan?

Surrender During Free-look Period:

If you have just bought this insurance plan, I believe you are already aware of the ‘free-look period’ of 15 days from the receipt of the policy.

IRDAI gives the policyholders the right to cancel their policy with a full refund of any premium paid during these 15 days.

The ‘free-look period’ is 30 days if the policy was bought online.

Surrender After Free-Look Period:

If you miss the free-look period, you can always surrender your HDFC Life ClassicAssure Plus policy.

However, your policy will begin to have any surrender value only after paying the second year’s premium.

The total guaranteed surrender value will be the sum of the stated percentage of total premiums paid and the percentage of accrued bonuses.

See the table below for the different surrender value percentages of the policy.
hdfc life classicassure plus guaranteed surrender value Once you have accepted the fact that HDFC Life ClassicAssure Plus is a lousy investment instrument, it is best to surrender it as soon as possible.

Even if it seems to incur a loss on the investment, the higher returns from other investment instruments will offset any loss.

Not just that, but the sooner you reinvest, the higher your return on investment will be.

It is a compelling reason to surrender your HDFC Life ClassicAssure Plus plan at the first opportunity.

Steps to Surrender/Cancel HDFC Life ClassicAssure Plus plan

Step 1: Fill out the Mandate Deactivation Request form.

You may download and print the HDFC Life ClassicAssure Plus Brochure for the same here.

Or you can just walk into the nearest HDFC Life branch for the same.

Step 2: Submit the filled form at the HDFC Life branch.

Step 3: Once the request is processed, your HDFC Life ClassicAssure Plus plan will be terminated and the surrender value, if any, will be paid.

An Alternate way to Surrender/cancel HDFC Life ClassicAssure Plus

Send an email to service@hdfclife.com requesting the mandate cancellation.

It is advisable to mention the appropriate Surrender Value in the cancellation request email.

Indicate the ‘free-look period’ for a full refund (minus processing charges) in case of cancellation during the free-look period.

Note: You should submit the cancellation request at least 15 days before the premium due date.

If your surrender value is high—say ₹2 lakhs or more—you may find it difficult to reinvest it optimally.

It is recommended you consult an investment advisor before you reinvest for tax optimization.

HDFC Life ClassicAssure Plus: Final Review

Is the HDFC Classic Assure Plus plan good or bad to invest in?

After analyzing the features, Returns, and alternatives of HDFC Life ClassicAssure Plus, we have come to a conclusion that, 

DO NOT INVEST in this HDFC Life ClassicAssure Plus plan if you care about wealth creation.

Extremely high Agent Commissions and charges restrict these insurance policies from generating returns similar to PPF or Mutual Funds.

If you are serious enough about achieving your financial goals through wealth creation, what you need is a Financial Plan—not an insurance plan.

Like this review?

Spread the awareness—share it with your family and friends.

Ultimately, if you want to take control of your financial life,

Sign-up for a free 30-minute consultation with a Certified Financial Planner now! Register below.

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Comments

  1. Shyamkumar says

    July 23, 2022 at 12:50 am

    I have HDFC life classic assure Plus plan.
    10 years term
    7 years premium paying term
    Per year i pay 40900 for 7 years
    I have already paid 5 premium and now only 2 premium less.
    What am I do?

    Reply
    • Holistic says

      September 23, 2022 at 6:32 pm

      Since you have already taken this insurance plan, then you have two options.
      Option: 1 You can surrender and encash the policy. And reinvest the surrender value and future premium money with better investment plans like PPF or MF.
      Option: 2 You can continue with the insurance plan until the policy matures.
      It is advisable to work out the outcome of both options and proceed with the better option.
      80% of the time, option 1 is better.

      You can consult a financial planner to choose the better option.
      Or
      You can take advantage of our free complimentary financial plan consultation and talk to our financial planners.
      Get your appointment here: https://www.holisticinvestment.in/complimentary-financial-plan-consultation/

      Reply
  2. Shridhar koparkar says

    March 25, 2022 at 7:27 pm

    I had taken this policy in 2013 ,paid 50k as premium and forgot abt it .i have recd a call giving me 3 options of what to do .tge 3rd option is to pay 50k & after 3 months get 224740/- as my policy money has grown to 124740/-. Is this correct information & should i go for it

    Reply
    • Holistic says

      September 23, 2022 at 6:32 pm

      Since you have already taken this insurance plan, then you have two options.
      Option: 1 You can surrender and encash the policy. And reinvest the surrender value and future premium money with better investment plans like PPF or MF.
      Option: 2 You can continue with the insurance plan until the policy matures.
      It is advisable to work out the outcome of both options and proceed with the better option.
      80% of the time, option 1 is better.

      You can consult a financial planner to choose the better option.
      Or
      You can take advantage of our free complimentary financial plan consultation and talk to our financial planners.
      Get your appointment here: https://www.holisticinvestment.in/complimentary-financial-plan-consultation/

      Reply
  3. Anand Meher says

    October 3, 2021 at 2:23 am

    i purchased Classic Assure Plus(CAP) in 2014. the sales agent Prashant Mataskar in HDFC prabhadevi, mumbai branch gave me all false promises. he told me the returns would be better that Fixed Deposit. In 2014 FD was 9% interest rate. My experience after 7 years of premium paying term this plan is a fraud by hdfclife. i paid 1 lakh each year for 7 years that totals 7 lakhs as of now but the value of this investment is 5,61,400. the annual bonus Rs 13,9000. Another 3 years will be total 6lacs. So this CAP is case of cheating and fraud product. don’t ever buy from HDFCLife.

    Reply
    • Holistic says

      October 12, 2021 at 10:22 am

      Thank you for sharing your experience.

      Reply
  4. Prasenjit Basak says

    August 19, 2021 at 4:48 am

    Hi, i took this hdfc life classic assure plus plan 1.9 years back of annual premium 24,540 for 7 years and maturity 10y, and 2 years of lock in period. Where i only paid 1year premium of 24,540 and now its in lapse status and i want to surrender and lock in period end on 01/10/21. What should i do at this point, kindly help.

    Reply
    • Holistic says

      October 12, 2021 at 10:23 am

      Since you have already taken this insurance plan, you have two options.
      Option: 1 You can surrender and encash the policy. And reinvest the surrender value and future premium money with better investment plans like PPF or MF.
      Option: 2 You can continue with the insurance plan until the policy matures.
      It is advisable to work out the outcome of both the options and proceed with the better option.
      80% of the times, option 1 is better.

      You can consult a financial planner to choose the better option.
      Or
      You can take advantage of our free complimentary financial plan consultation and talk to our financial planners.
      Get your appointment here!

      https://www.holisticinvestment.in/complimentary-financial-plan-consultation/

      Reply
  5. Akhil Dixit says

    July 23, 2021 at 8:09 pm

    Love your explanations…. really very good and helpful.

    Reply
    • Holistic says

      October 12, 2021 at 10:00 am

      Glad to help you!

      Reply
  6. Supriya says

    July 1, 2021 at 12:03 am

    Hi ..
    Thank you for providing such a clear explanation. I too having the same policy and now I worried to continue this policy. so can you suggest me whether it is better to surrender this policy now or is there any way that we can approach to get back at least the paid premium.

    Premium – 5000 per month
    Duration – 10 year plan (7 year premium paying term)
    2 year 6 month completed

    Reply
    • Holistic says

      October 12, 2021 at 10:04 am

      Since you have already taken this insurance plan, you have two options.
      Option: 1 You can surrender and encash the policy. And reinvest the surrender value and future premium money with better investment plans like PPF or MF.
      Option: 2 You can continue with the insurance plan until the policy matures.
      It is advisable to work out the outcome of both the options and proceed with the better option.
      80% of the times, option 1 is better.

      You can consult a financial planner to choose the better option.
      Or
      You can take advantage of our free complimentary financial plan consultation and talk to our financial planners.
      Get your appointment here!

      https://www.holisticinvestment.in/complimentary-financial-plan-consultation/

      Reply
  7. Kadarbasha says

    March 2, 2021 at 7:28 pm

    A well detailed review, helps a lot to make a decision. Thanks much

    Reply
    • Holistic says

      July 14, 2021 at 1:39 pm

      You are welcome

      Reply
  8. hyan says

    November 3, 2020 at 7:42 pm

    i am paying 12k premium per annum ,i am considering to surrender this plan after completion of 2 years — i want to know how much would i get in hand approximately,i am confused how to calculate this amount.thanks

    Reply
    • Holistic says

      October 3, 2022 at 8:04 pm

      You will get 30% of your premium paid as GSV.

      Reply

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Nitesh Agrawal
6. September, 2021.
I have been using Holistic Investment Planners from last one year. The journey has been fantastic. Being a finance person myself I always thought we can look after and plan own finances also. However, due to lack of time and deciplain the things are not always as desired. After joining with Holistic Investment for the first time Icame to know the Financial goals and quantified them. Some dreams were unrealistic based on the earnings and savings so had a reality check. Also got the information and deciplain of investing on regular and more rewarding securities. I definetly suggest to use Holistic Investment Planners. They are professionals, available and hear youor full story before presenting plans. They are flexile in the sense if there are some urgent deviations required, they help to plan the same. For all professionals/individuals I would suggest using professional help of Holistic Investment Planners for best results in long term investment and financial goals achivements. Last advise will be to start early in your life. It really pays well to start in the beginning itself else the dreams needs to adjust :)
Swetha Vasanth
Swetha Vasanth
6. September, 2021.
This is my first year service with the Holistic Team and I would say that they are very much helpful in creating a financial plan and follow ups during the year. I would definitely suggest them if anyone who is willing to proceed with their savings professionally.
Joseph Mathias
Joseph Mathias
6. September, 2021.
I came to know about Holistic Investment Planners online while searching for different investment ideas. Once I contacted them the journey was very smooth. Mr. Ramalingam explained all the aspects of Financial planning in detail and it opened my mind. I realized how important it is to have a Financial planning. Mr. Rajan suggested all the requirements as per my goals and made a Investment plan keeping in mind of my goals. I started my Investment journey with them. I wish I had done it some years back then it would have been in a different level. Review meetings were held every six month to check the implementation of the plan and check the results as per the requirements and to check if any changes required. Overall it was a good experience with Holistic Investment team and would like to continue in the years to come.
Srinvas Kannan
Srinvas Kannan
30. July, 2021.
I came across Holistic investment planners almost 5-6 years back, but I did not have the trust since I had met a few of them who did not sound promising. Then I started investing through a financial advisor of my friend. After 4 years of investing the returns were very low. I was disappointed and started looking for financial advisors when I came across Holistic investment. I had a detailed discussion about my goals and the way they would approach achieving my goal before deciding to switch my investments to them. After a thorough analysis of my then existing portfolios, they suggested new ones and we zeroed-in on 6 schemes/funds where our investment would be split. I am glad I made the decision of switching over and taking Holistic planner's advise, my returns are handsome and I only wish I could have taken their help/advise 5 years back itself. Neverthless, I would like to recommend their services for investment and financial advise if someone is serious about their investments.
Shivaram Andiappan Selvaraj
Shivaram Andiappan Selvaraj
3. July, 2021.
I got a free first time consultation. I got my doubts resolved. They also gave additional advises for investment planning which was also useful.
Nellai B
Nellai B
26. June, 2021.
I have been associated with them for the past three years. They are very professional and polite in answering all our questions. I have complete trust in their suggestions. I strongly recommend for anyone. I am looking forward to have strong and successful association with them.
Google rating score: 4.4 of 5,
based on 61 reviews

Google Reviews

Jey S
Jey S
24. September, 2021.
I have been using Holistic Investment Planners for the last three years. Mr. Srinivasavaradhan answered all my questions and doubts very patiently during the first free consultation. I was able to clearly define my short-, medium- and long-term goals once I signed up for the comprehensive plan and got their investment plan suggestion to achieve my goals. They are very polite and highly professional whenever I contact them for any queries or make investments. They never pressurize you to invest on their recommended financial products. I would have been lost money by investing directly without their help since I do not have time and knowledge about different financial products. Risk planning is also done as part of financial planning. Truly, they are holistic planners when it comes to your financial planning. They help you to define your life goals, understand your financial resources and establish a plan to invest towards reaching those goals. They do review your plan as you progress to make sure that you are on correct path to achieve those goals. Kudos to the team and keep up the good work!!! I am happy that I found holistic investment planners for my financial planning and management.
aksaswadkar
aksaswadkar
24. September, 2021.
I was about to retire and really not understanding how to invest money to have financial freedom and fulfilling my goals. Was desperately searching on internet way out and fortunately came across Holistic Investment Planners. I read number of articles on their website and realized that this is the agency which I want and engaged their services for my retirement planning. It is an excellent experience to be associated with Holistic. Right from day one our interaction was fantastic and they gave me such a wonderful plan that I had never imagined. I am fortunate enough to be in the client list of Holistic. I have recommended Holistic to my friends as well.
Lionel Faber
Lionel Faber
16. September, 2021.
I've been availing their services for the past year. They are highly knowledgeable in the field and are very patient with all doubts and queries. Personalized financial planning is provided keeping your short term, medium term and long term goals in mind. They do not pressurize you to purchase schemes of their choice. They provide their input and suggestions and leave the decision up to you which shows their honesty and high principle.
Sridhar
Sridhar
8. September, 2021.
Financial planning brings peace in life. Holistic Investment have supported in arriving financial plan based on future goals. My investments are regular since then. They are professionals in their business, will recommend others.
Nitesh Agrawal
Nitesh Agrawal
6. September, 2021.
I have been using Holistic Investment Planners from last one year. The journey has been fantastic. Being a finance person myself I always thought we can look after and plan own finances also. However, due to lack of time and deciplain the things are not always as desired. After joining with Holistic Investment for the first time Icame to know the Financial goals and quantified them. Some dreams were unrealistic based on the earnings and savings so had a reality check. Also got the information and deciplain of investing on regular and more rewarding securities. I definetly suggest to use Holistic Investment Planners. They are professionals, available and hear youor full story before presenting plans. They are flexile in the sense if there are some urgent deviations required, they help to plan the same. For all professionals/individuals I would suggest using professional help of Holistic Investment Planners for best results in long term investment and financial goals achivements. Last advise will be to start early in your life. It really pays well to start in the beginning itself else the dreams needs to adjust :)
Swetha Vasanth
Swetha Vasanth
6. September, 2021.
This is my first year service with the Holistic Team and I would say that they are very much helpful in creating a financial plan and follow ups during the year. I would definitely suggest them if anyone who is willing to proceed with their savings professionally.
Joseph Mathias
Joseph Mathias
6. September, 2021.
I came to know about Holistic Investment Planners online while searching for different investment ideas. Once I contacted them the journey was very smooth. Mr. Ramalingam explained all the aspects of Financial planning in detail and it opened my mind. I realized how important it is to have a Financial planning. Mr. Rajan suggested all the requirements as per my goals and made a Investment plan keeping in mind of my goals. I started my Investment journey with them. I wish I had done it some years back then it would have been in a different level. Review meetings were held every six month to check the implementation of the plan and check the results as per the requirements and to check if any changes required. Overall it was a good experience with Holistic Investment team and would like to continue in the years to come.
Srinvas Kannan
Srinvas Kannan
30. July, 2021.
I came across Holistic investment planners almost 5-6 years back, but I did not have the trust since I had met a few of them who did not sound promising. Then I started investing through a financial advisor of my friend. After 4 years of investing the returns were very low. I was disappointed and started looking for financial advisors when I came across Holistic investment. I had a detailed discussion about my goals and the way they would approach achieving my goal before deciding to switch my investments to them. After a thorough analysis of my then existing portfolios, they suggested new ones and we zeroed-in on 6 schemes/funds where our investment would be split. I am glad I made the decision of switching over and taking Holistic planner's advise, my returns are handsome and I only wish I could have taken their help/advise 5 years back itself. Neverthless, I would like to recommend their services for investment and financial advise if someone is serious about their investments.
Shivaram Andiappan Selvaraj
Shivaram Andiappan Selvaraj
3. July, 2021.
I got a free first time consultation. I got my doubts resolved. They also gave additional advises for investment planning which was also useful.
Nellai B
Nellai B
26. June, 2021.
I have been associated with them for the past three years. They are very professional and polite in answering all our questions. I have complete trust in their suggestions. I strongly recommend for anyone. I am looking forward to have strong and successful association with them.
Google rating score: 4.4 of 5,
based on 61 reviews

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