HDFC Life · Savings · Participating
Sampoorna Jeevan
A highly customizable participating savings plan — pick lump sum, income, or a mix of both as your maturity structure, and pick from five different bonus mechanisms, on terms running to age 75 or 100.
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
CategoryParticipating
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 highly customizable participating savings plan — pick lump sum, income, or a mix of both as your maturity structure, and pick from five different bonus mechanisms, on terms running to age 75 or 100.
You might need this if…
- You might need this if you want to design your own payout shape — pure lump sum, pure income from a set age, or a combination.
- Useful for people planning very long time horizons — the '100' variant runs cover to age 100, useful for legacy or extended-family income planning.
- Good if you want control over how bonuses are used — five different bonus options ranging from pure cash payouts to reinvested paid-up additions.
- Fits parents buying for young children as well as those buying in their 40s-50s for their own retirement income.
How it actually works
- Choose the Sampoorna Jeevan 75 (matures at 75) or Sampoorna Jeevan 100 (matures at 100) variant, and a Guaranteed Benefit Option: A (Lump Sum), B (Income), C (Lump Sum then Income), or D (Income then Lump Sum).
- Premium payment terms of 6, 8, 10, 12, or 15 years; minimum premium from ₹12,000/year (₹1,000/month).
- Death benefit = highest of (10x or 7x annualised premium), the guaranteed maturity sum assured, or 105% of premiums paid, plus vested bonuses.
- Income options pay a Guaranteed Income Benefit of 5% (Option B) or up to 10% (Options C/D) of Basic Sum Assured annually, generally starting from age 61.
- Five bonus mechanisms to choose from at inception (cannot be changed later): Simple Reversionary Bonus, Simple Reversionary Income Bonus, Cash Bonus, or combinations — plus an option to convert cash bonus into Paid-up Additions for extra death/survival cover.
- Two optional riders: Accidental Disability Income Benefit and Protect Plus.
Worked example
Rajesh, age 35, picks Option A (Lump Sum) with Cash Bonus, paying ₹1,00,000/year for 10 years on a 40-year policy (Sampoorna Jeevan 75). Basic Sum Assured: ₹8,27,123, with ₹10,00,000 death cover throughout. At maturity he gets the full ₹8,27,123 plus a Terminal Bonus of ₹18,85,842 (at 4% assumed return) to ₹35,97,987 (at 8%), on top of annual cash bonuses received along the way.
The tiers
| Annual Premium | 6-yr PPT Discount (SJ75) | 15-yr PPT Discount (SJ75) |
|---|
| ₹60,000 | 0.00% | 9.75% |
| ₹96,000 | 2.50% | 11.00% |
| ₹1,44,000 | 4.00% | 11.75% |
| ₹1,80,000 | 4.50% | 12.00% |
Worth knowing before you decide
- All bonus components (SRB, SRIB, Cash Bonus, Terminal Bonus) are not guaranteed — the brochure's 4%/8% illustrations show a huge range of outcomes.
- The bonus option chosen at inception cannot be changed for the life of the policy.
- Suicide within 12 months of start/revival limits payout to 80% of premiums paid or surrender value.
- Very long terms (up to ~70+ years for young entrants) mean this is a multi-generational commitment; early surrender realizes little value.
Official source
⌟ Official product brochure
Learn about this category
Read the full traditional life insurance explainer → · See all traditional savings products →