HDFC Life · Savings · Endowment
Assured Gain Plus
A participating endowment plan that pays a guaranteed lump sum plus Guaranteed Terminal Additions at maturity, with the chance of extra (non-guaranteed) bonus on top.
Product data last fetched 26 August 2026. Features, premiums and availability may change — verify against the official brochure/policy wording before deciding.
The truth card
PurposeSavings — Traditional
CategoryEndowment
InsurerHDFC Life
Life CoverNot available in the current product data
PremiumNot available in the current product data
Policy TermNot available in the current product data
Premium-Paying TermNot available in the current product data
GuaranteeNot available in the current product data
Market ExposureNot applicable — non-linked
LiquidityNot available in the current product data
Lock-inNot available in the current product data
ChargesNot available in the current product data
Maturity BenefitNot available in the current product data
Death BenefitNot available in the current product data
SurrenderNot available in the current product data
Paid-upNot available in the current product data
Tax NotesDepends on policy structure, premium amount, issue date and applicable tax law — see our tax notes
XIRRNot available in the current product data
What this product is
A participating endowment plan that pays a guaranteed lump sum plus Guaranteed Terminal Additions at maturity, with the chance of extra (non-guaranteed) bonus on top.
You might need this if…
- You might need this if you want life cover for the full policy term while paying premiums for only a handful of years (as few as 5).
- Useful for goal-based saving — home down payment, a child's education/wedding, or a family trip — where you want a guaranteed floor plus possible upside.
- Good if you're comfortable locking in for 10-30 years in exchange for terminal additions that grow steadily from year 5 onward.
- Fits parents buying for young children too — entry age can be as low as 3 years for longer terms.
How it actually works
- Policy terms of 10 to 30 years; premium payment terms from 5 to 12 years or a Single Premium option.
- Minimum annual premium is ₹30,000 (₹3,000/month); single premium starts at ₹2,50,000.
- Death benefit = higher of (10x or 7x annualised premium, depending on entry age) or 105% of total premiums paid, plus any guaranteed terminal additions and vested bonuses.
- Maturity benefit = Sum Assured on Maturity + Guaranteed Terminal Additions (which step up from 7.5% of sum assured in year 5 to 60% by year 27+) + any declared reversionary/terminal bonus.
- Two optional riders: Income Benefit on Accidental Disability (1% of rider sum assured/month for 10 years) and Protect Plus (cancer/accidental cover).
- High-premium policies get built-in premium discounts of up to 4% depending on premium band and payment term.
Worked example
Ravi, age 40, pays ₹1,00,000/year for 5 years on a 15-year policy. Guaranteed maturity benefit: ₹5,44,228; at an illustrative 4% return it grows to ₹6,19,294, and at 8% to ₹9,47,707. His death cover from day one is ₹10,00,000.
The tiers
| Annual Premium Band | PPT 5-yr Discount | PPT 10-yr Discount |
|---|
| ₹30,000-₹74,999 | 0% | 0% |
| ₹75,000-₹1,49,999 | 2.50% | 1.00% |
| ₹1,50,000-₹2,99,999 | 3.00% | 2.00% |
| ₹3,00,000+ | 4.00% | 2.50% |
Worth knowing before you decide
- Bonuses and terminal additions beyond the guaranteed floor are not guaranteed and depend on the insurer's participating fund performance.
- Minimum guaranteed maturity is only 101% of total premiums payable — the real upside depends on bonus declarations.
- Suicide within 12 months of start/revival caps the payout at 80% of premiums paid or the surrender value, whichever is higher.
- Surrendering early (before year 2-3) yields low guaranteed surrender value percentages.
Official source
⌟ Official product brochure
Learn about this category
Read the full traditional life insurance explainer → · See all traditional savings products →