HDFC Life · Savings · Return of Premium
Guaranteed Wealth Plus
A non-participating plan that returns 100% of your premiums at maturity as a guaranteed floor, in either a pure Lump Sum variant or an Income variant that adds a guaranteed annual payout.
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
CategoryReturn of Premium
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 non-participating plan that returns 100% of your premiums at maturity as a guaranteed floor, in either a pure Lump Sum variant or an Income variant that adds a guaranteed annual payout.
You might need this if…
- You might need this if you want the simplest possible guarantee: get all your premiums back, plus a set income if you choose that variant.
- Useful if you're not chasing bonus-linked upside and just want a predictable, contractually fixed return of capital with life cover attached.
- Good for people wanting a fairly short pay-in (as little as 3 years) combined with a shorter Lump Sum policy term (12 or 15 years).
- Fits longer-horizon income planning too — the Income variant can run policy terms up to 43 years.
How it actually works
- Lump Sum variant: 12 or 15-year terms, Single Pay or 3-12 year Limited Pay. Income variant: terms from 20 to 43 years, Limited Pay only.
- Minimum premium is ₹75,000/year (Lump Sum) or ₹30,000/year (Income variant); Single Pay minimum is ₹1,50,000.
- Maturity benefit = 100% of total premiums paid, on both variants; the Income variant adds a Guaranteed Income on top.
- Death benefit = highest of (5x-7x annualised premium for Lump Sum, or 7x-10x for Income variant, or 1.25x single premium) or 105% of premiums paid.
- On the Income variant, guaranteed income (a fixed % of annualised premium) starts a couple of years after the pay period ends and continues to maturity.
- Two optional riders: Accidental Disability Income Benefit and Protect Plus.
Worked example
Mr. Sharma, age 35, pays ₹2,00,000/year for 6 years on the Income variant (37-year term). Death cover is ₹25,00,000 during the pay period, dropping to ₹20,00,000 afterward. From year 8 he receives a Guaranteed Income of ₹79,200/year for 30 years, plus a maturity benefit of ₹12,00,000 (100% of premiums paid).
Worth knowing before you decide
- This is a non-participating plan — 100% return of premiums is the guaranteed maturity floor, with no bonus upside beyond that.
- Because the maturity benefit is capped at premiums paid, effective real returns can be modest, especially over very long terms.
- Suicide within 12 months of start/revival limits payout to 80% of premiums paid or surrender value.
- Loan facility is capped at 80% of surrender value; interest currently around 9.5% p.a., reviewed twice yearly against G-Sec yields.
Official source
⌟ Official product brochure
Learn about this category
Read the full traditional life insurance explainer → · See all traditional savings products →