INTERVIEW QUESTIONS INSURANCE ENDOWMENT PLANS DETAILS

Question: Are maturity benefits under the HDFC Life Super Income Plan tax free?

Answer: HDFC Life Super Income Plan is a monthly income insurance plan offering guaranteed income from a period of 8 to 15 years. The guaranteed monthly income is based on the guaranteed base income payouts which range from 8 to 12.5% of your sum assured on maturity. The regular income and maturity benefits are both tax Free under Sec 10(10D) of Income Tax Act, 1961.The plan has a limited premium paying term of 8, 10 or 12 years.

HDFC Life Super Income Plan is a monthly income insurance plan offering guaranteed income from a period of 8 to 15 years. The guaranteed monthly income is based on the guaranteed base income payouts which range from 8 to 12.5% of your sum assured on maturity. The regular income and maturity benefits are both tax Free under Sec 10(10D) of Income Tax Act, 1961.The plan has a limited premium paying term of 8, 10 or 12 years. Source: CoolInterview.com

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