HDFC Life Insurance - One Life Plan - Individual Balanced Fund

NAV on (05 Mar 2026)

60.6005

Objectives

ING One Life Plus is a unit linked insurance plan giving dual benefits of insurance coverage and the opportunity to invest in funds of your choice. It is a comprehensive plan with flexibility in premium contributions, wherein you have the option to decrease your regular premium or increase your premiums by way of additional top-ups. At the end of the term, the amount accumulated in your fund will be given as maturity benefit, while withdrawal facilities during the term will help you to face financial contingencies.
Balanced Fund :Provides for higher growth with reasonable security
Investment Pattern:Up to Min of 20% & to a max of 40% in equity

Features

Key Features:
1. Flexibility to choose your life cover
2. Flexible Investment Options
3. Flexibility to change the premium amount
4. Cover continuance option

Benefits

Key Benefits
1. Flexibility to choose your life cover
With this plan you can decide the amount of coverage you need depending on your requirements with minimum cover being five times the annualised first year premium and maximum cover being subject to underwriting considerations.
2. Flexible investments
You have the option to choose from five Unit Linked Funds for investing your regular as well as top-up premiums based on your investment objectives.
Flexibility to change the premium amount
You have the fexibility to decide the amount of premiums according to your convenience
You have the option to Decrease your Premium amount from 2nd year onwards subject to a minimum of Rs.18,000 per annum. Also, at any point of time if ou choose to invest more, you can do so by way of top-up premiums. Thus, with minimum yet steady investments you can create your wealth!
Note: The life cover remains unchanged throughout the policy term even if you choose to reduce your premium.
3. Cover continuance option
Cover continuance option provides you the flexibility of continuing your life insurance cover beyond the revival period in case you opt not to pay premiums any time after payment of first three years regular premium. If you wish to exercise this option the same should be intimated at least three months before the expiry of the revival period and is subject to underwriting considerations.
On exercising this Cover continuance option the mortality charges, rider charges, if any, fund management charges and policy administration charges shall be recovered from the fund value. If at any time during this period the fund value reaches one full years premium that is required to keep the policy in force, the policy contract is terminated by paying the fund value.
4. Get additional Protection coverage through Riders
For comprehensive coverage apart from the base cover in order to address more uncertainties, you can opt for the following Riders available with the policy -
Accidental Death Benefit (ADB) (UIN: 114C003V01): Under this rider an additional amount equivalent to Rider Sum Assured is payable due to death resulting out of an accident. Or Accidental Death, Disability & Dismemberment Benefit (ADDDB) (UIN: 114C002V01): Under this rider should you suffer from any kind of disability/ dismemberment/ death due to Accident, an additional amount equivalent to Rider Sum Assured or a percentage of the same as the case may be is payable. Please refer to the relevant Rider terms and conditions to understand the benefits, risk factors and charges.
5. Maturity Benefit
On maturity of the policy, Fund Value as on the date of maturity will be paid.
6. Death Benefit
In the unfortunate event of death of the life assured during the policy term, higher of Sum Assured or the Fund Value will be payable.
7. Switching of funds
This plan gives you the flexibility to review the performance of your funds and market conditions periodically and if required switch your existing investments and reallocate it in different proportion amongst the funds. Four switches are allowed free per policy year and thereafter subject to charges.
8. Redirection of Premiums
This plan provides you the flexibility to decide the investment pattern for your future contributions, i.e., depending on your requirement, you can allocate your future contributions differently amongst the available funds. However each fund should have a minimum allocation of 1% and the total percentages should add up to 100%.
9. Top-up Premium
At any time should you have additional amount that needs to be invested, you can pay top-up premium to invest in your fund in the same plan without having to buy another policy. In such case additional top-up premium should be a minimum of Rs. 2,000 without exceeding 25% of the total regular premiums paid.No top-ups will be accepted where regular premiums are in arrears.

Entry Age Details

Eligibility Criteria

Minimum Age at Entry	0 years ( For ages below 12 years, risk cover commences from age 5 or 2 years from policy commencement date, whichever is later )
Maximum Age at Entry	65 years age last birthday
Minimum Age at Maturity	18 years age last birthday
Maximum Age at Maturity	75 years age last birthday
Policy Term	10 - 20 years
Premium Payment Term	Same as Policy Term

Minimum Premium Amount	Yearly	Half-Yearly	Quarterly
1st Year	Rs.84,000	Rs.60,000	Not Available	Not Available

Maximum premium: No limit, but subject to underwriting considerations
Top-Up Premium	Additional top-up premium subject to a minimum of Rs.2,000 without exceeding 25% of the total regular premiums paid

Premium Payment Term

Premium Payment Term :10 - 20 years
Premium Payment Term :Same as Policy Term

Minimum Premium Amount	Yearly	Half-Yearly	Quarterly
1st Year	Rs.84,000	Rs.60,000	Not Available	Not Available

Top-up Premium

At any time should you have additional amount that needs to be invested, you can pay top-up premium to invest in your fund in the same plan without having to buy another policy. In such case additional top-up premium should be a minimum of Rs. 2,000 without exceeding 25% of the total regular premiums paid. No top-ups will be accepted where regular premiums are in arrears.

Investment Details of the Plan

Funds Available and Investment Options

With this plan you have the option to choose one or more of the following fund options depending on your investment objectives.

		Objective
Debt Fund	100% in debt instruments	Provides safety and growth with minimum risk
Secure Fund	Up to Min. of 10% & to a max. of 20% in equity	Provides for growth with low risk
Balanced Fund	Up to Min of 20% & to a max of 40% in equity	Provides for higher growth with reasonable security
Growth Fund	Up to Min. of 40% & to a max. of 60% in equity	Provides for opportunity for high growth
Equity Fund	Up to Min. of 90% & to a max. of 100% in equity	Provides for equity linked market returns subject to market risk

Withdrawal

Partial withdrawal charge is 1% of the amount that is withdrawn, subject to a minimum of Rs. 100. These charges may be revised by the company subject to a maximum of 5% of the aggregate value of the Units withdrawn at any one point in time.
Anytime after completion of three policy years, unlimited partial withdrawals are allowed subject to a minimum balance of Rs.25,000 in fund value after withdrawal and a partial withdrawal fee. The partial withdrawal fee is 1% of the amount that is withdrawn, subject to a minimum of Rs.100. No partial withdrawals are allowed until the life assured completes 18 years.
There is a three year lock-in period for top-ups i.e.., a policyholder will be allowed to make any partial withdrawals from the top-up contributions only after 3 years from the date of realisation of top-up contribution. However this condition will not apply to the top-up premiums paid during the last three policy years.

Premium allocation Charges

Premium Allocation Charge:

Year	Premium Allocation Charge (as % of premium)
First year	18%
Renewal (Up to 10 years)	2%
11th year onwards	1%
Top-up	0.75%

Fund Management Charges

Fund Management Charge

	Charges per annum
Debt Fund	0.75%
Secure Fund	1.00%
Balanced Fund	1.25%
Growth Fund	1.25%
Equity Fund	1.50%

These Fund Management Charges may be revised by the Company subject to a maximum of 2.5% per annum.

Mortality Charges

Mortality Charges

In order to provide the risk cover (Risk cover is the difference between the Sum Assured and Fund Value at the time of deduction of the charges) the company deducts the mortality charges, monthly in advance from the Fund Value. The mortality charges will vary based on age, gender, level of life cover etc. The following table provides sample mortality charges per thousand Sum Assured for healthy male and female lives for different age groups:

Age (years)
Mortality Charges - Males	1.08	1.26	2.22	5.66	14.12
Mortality Charges - Females	0.94	1.25	1.72	4.12	11.12

The rates stated above are exclusive of Service Tax and other applicable levies, duties etc. Mortality Charges are guaranteed and do not change during the policy term.

Charges other than Mortality charges, Allocation charges and Policy Administration charges are reviewable subject to 30 days prior notice to the Policyholder and with the requisite approval from the Regulatory Authority.

Policy Administration Charges

Policy Administration Charges:The policy administration charges are levied to meet expenses other than those covered by the premium allocation charges and fund management charges.
The monthly policy administration charges are Rs.1,250 in the first policy month and Rs.50 per month thereafter.
The policy administration charges shall be increased at a compounding rate of 5% per annum.

Switching Charges

Switching Charges:
Four switches within a policy year are allowed free of charges. For any additional switches within the policy year a charge of Rs.200 per switch would apply. This charged could be revised by the company subject to a maximum of Rs. 500 per chargeable switch.

Surrender Charges

Surrender Charge

The Surrender Charges are expressed as a percentage of Fund value at the time of surrender and are as shown below:

	Surrender Charge as a % of Fund Value
1	10%
2	7.5%
3	5.0%
4	2.5%
5 to 9	1.0%
10 and above	0%

These Surrender Charges may be revised by the Company subject to maximum of 20% of the fund value.

Returns (as on 05-Mar-2026)

Period	Absolute (%)	Annualised (%)
1 Week	-0.6	0
1 Month	-1	-11.4
3 Months	-1.8	-7
6 Months	0.8	1.8
1 Year	6.8	6.8
2 Years	12.2	5.9
3 Years	41.6	12.2
5 Years	41.6	7.2

NAV Chart

Historic Graph:

From

52-week High

₹61.7859

02-Jan-2026

52-week Low

₹56.9094

10-Mar-2025

Claim & Solvency Ratio

Claim Ratio	Solvency Ratio
100% (2023-24)	2% (March 2024)

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What is health insurance? +

Health insurance is a type of coverage that pays for medical and surgical expenses incurred by the insured. It may also provide coverage for other types of health-related costs, such as prescription drugs, mental health services, and preventive care.

Why do I need health insurance? +

Health insurance helps protect you from high medical costs. It provides access to medical care when you need it, helping to pay for doctor visits, hospital stays, surgeries, prescription medications, and other health-related services.

What is a premium? +

A premium is the amount you pay for your health insurance every month. Depending on your plan, the premium may vary based on factors like age, location, and level of coverage.

What is a deductible? +

A deductible is the amount of money you must pay out-of-pocket before your health insurance starts covering your medical expenses. For example, if you have a deductible of $1,000, you must pay $1,000 out-of-pocket before your insurance starts covering your medical bills.

What are copayments and coinsurance? +

Copayment (copay): A fixed amount you pay for a covered health care service, typically when you get the service. Coinsurance: The percentage of the cost you pay for covered health services after you've paid your deductible. For example, if your coinsurance is 20%, you pay 20% of the bill, and the insurance company pays the remaining 80%.

What is an out-of-pocket maximum? +

The out-of-pocket maximum is the maximum amount you can spend on your health insurance. If you exceed this amount, your insurance company will pay 100% of your medical expenses.

What is the difference between in-network and out-of-network providers? +

In-network providers: Health care providers that have a contract with your health insurance plan to provide services at negotiated rates. Out-of-network providers: Providers that don't have a contract with your insurance plan. Services from these providers may cost more or not be covered at all.

What is a Special Enrollment Period (SEP)? +

The Special Enrollment Period (SEP) is a special time during the year when you can sign up for or make changes to your health insurance plan. If you miss this period, you may have to wait until the next one unless you qualify for a Special Enrollment Period (e.g., due to a life event like marriage or having a baby).

Can I keep my doctor with health insurance? +

If you have a preferred doctor, it’s important to check if they are in-network with your insurance plan. If they are not in-network, you may need to pay more out-of-pocket, or you may have to switch to another doctor who is in-network.

What is a Health Savings Account (HSA)? +

A tax-advantaged account for people with high-deductible health plans (HDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Flexible Spending Account (FSA)? +

A tax-advantaged account for people with low-deductible health plans (LDHPs). The funds roll over from year to year and can be used for qualifying medical expenses.

What is a Health Maintenance Organization (HMO)? +

An HMO is a type of health insurance plan that requires you to choose a primary care physician (PCP) and get referrals from them to see specialists. HMOs often have lower premiums and out-of-pocket costs but offer less flexibility in choosing providers.

What is a Preferred Provider Organization (PPO)? +

A PPO is a health insurance plan that offers more flexibility in choosing healthcare providers and doesn’t require referrals to see specialists. You can see any doctor, but you’ll pay less if you use in-network providers.

What is the difference between a Health Savings Account (HSA) and a Flexible Spending Account (FSA)? +

HSA: A tax-advantaged account for people with high-deductible health plans (HDHPs) The funds roll over from year to year and can be used for qualifying medical expenses. FSA: A tax-advantaged account for people with low-deductible health plans (LDHPs) The funds roll over from year to year and can be used for qualifying medical expenses.

What does the term "pre-existing condition" mean? +

A pre-existing condition is a medical condition that you had before you got your health insurance. It could include things like diabetes, high blood pressure, or heart disease.

Can I cancel my health insurance at any time? +

Yes, you can cancel your health insurance plan at any time. However, if you cancel outside the open enrollment period, you may not be able to get another plan until the next enrollment period unless you qualify for a Special Enrollment Period.

Are prescription drugs covered by health insurance? +

Many health insurance plans cover prescription medications, but the coverage may vary. Plans typically have a formulary, or list of covered drugs, and different drugs may have different levels of coverage, depending on whether they are generic, brand-name, or specialty drugs.

What is preventive care? +

Preventive care includes health services that help prevent illnesses, such as vaccinations, screenings, and annual checkups. Under the Affordable Care Act, most preventive services are covered by health insurance plans at no additional cost to the policyholder.

What should I do if my health insurance claim is denied? +

If your claim is denied, you can appeal the decision. Review the denial letter for reasons, contact your insurer for assistance, and file a written request for a hearing. If you win the appeal, you may be able to get a refund or other compensation.

How can I choose the best health insurance plan for me? +

When selecting a plan, consider factors like: Your health care needs (e.g., frequent visits, prescriptions) The plan’s network of doctors and hospitals The cost of premiums, deductibles, copays, and out-of-pocket maximums Coverage for specialized care or treatments Compare the different plans and benefits to find one that meets your needs.

What happens if I don't have health insurance? +

If you don’t have health insurance, you can still access some health care services, such as emergency care, in-network doctors, and in-network hospitals. You may be eligible for Medicaid, which provides some health care services at no cost to you.

What is life insurance? +

Life insurance is a contract between you and an insurance company, where you pay regular premiums in exchange for a lump sum payment (death benefit) to your beneficiaries upon your death.

What are the different types of life insurance? +

Term Life Insurance: Provides coverage for a specific period (e.g., 10, 20, or 30 years). If you pass away during this term, your beneficiaries receive the death benefit. It does not build cash value. Whole Life Insurance: Offers lifetime coverage with a death benefit and also builds cash value over time, which you can borrow against or use. Universal Life Insurance: A flexible policy that allows you to adjust the premiums and death benefit while also building cash value.

How much life insurance coverage do I need? +

The amount of coverage you need depends on factors like your income, debts, family needs, and long-term financial goals. A common rule is to have coverage worth 10 to 15 times your annual income, but this can vary based on your individual situation.

What is the difference between beneficiaries and policyholders? +

The policyholder is the person who owns the life insurance policy and pays the premiums, while the beneficiary is the person or group that receives the death benefit when the policyholder passes away.

Can I change my beneficiaries? +

Yes, you can change your beneficiaries at any time during the life of the policy, as long as the policy is in force and you follow the correct procedure with the insurance company.

What is the contestability period? +

The contestability period is the time during which you have the right to contest the decision of the insurer to pay the death benefit. This period varies depending on the type of life insurance policy and the insurer.

Does life insurance cover accidental death? +

Some life insurance policies include accidental death coverage, while others may require a separate rider for this benefit. Be sure to review your policy to understand what’s covered.

Can I cancel my life insurance policy at any time? +

Yes, you can cancel your life insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is cash value? +

Cash value is the accumulated value of the life insurance policy that can be used to pay for expenses, such as medical bills or funeral expenses.

How do I borrow against cash value? +

You can borrow against the cash value of your life insurance policy, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What is the difference between whole life and universal life insurance? +

Whole life insurance provides coverage for a specific period (e.g., 10, 20, or 30 years) and builds cash value over time. Universal life insurance offers lifetime coverage with a death benefit and also builds cash value over time.

How are life insurance premiums determined? +

Life insurance premiums are based on factors like age, health, lifestyle (e.g., smoking), coverage amount, and type of policy. Generally, younger, healthier individuals pay lower premiums.

Can I borrow money from my life insurance policy? +

If you have a whole life or universal life policy, it may build cash value over time. You can borrow against this cash value, but it will need to be repaid, and any unpaid loan will reduce the death benefit.

What happens if I stop paying my life insurance premiums? +

If you stop paying premiums, your policy may lapse. For permanent policies like whole or universal life, the cash value may cover the premiums for a time, but eventually, if premiums are not paid, the policy will end.

What is auto insurance? +

Auto insurance is a contract between you and an insurance company that provides financial protection against damage or injury caused by accidents, theft, or other incidents involving your vehicle. It covers both liability and your vehicle's repair costs depending on the type of policy.

What types of auto insurance coverage are available? +

There are several types of auto insurance coverage, including liability, collision, comprehensive, uninsured/underinsured motorist, and additional coverage like roadside assistance and collision damage waiver.

How much auto insurance do I need? +

The amount of coverage you need depends on factors such as the value of your car, your driving habits, your state's legal requirements, and whether you own or lease your vehicle. A good starting point is to meet your state's minimum required coverage, but you may want additional coverage for added protection.

Can I cancel my auto insurance policy at any time? +

Yes, you can cancel your auto insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between liability and comprehensive coverage? +

Liability coverage covers the damages and injuries caused by accidents, while comprehensive coverage also covers non-accident damages, such as theft or vandalism.

How do I choose the right auto insurance policy? +

When selecting an auto insurance policy, consider factors such as the type of coverage you need, your driving habits, the value of your vehicle, and your state's legal requirements.

What factors affect my auto insurance premium? +

Several factors impact your insurance premium, including: Your driving history (accidents, tickets), The make, model, and age of your car, Your location (accident rates in your area), Your age, gender, and marital status, The level of coverage you choose, Your credit score (in some states).

What is a deductible? +

A deductible is the amount you must pay out of pocket before your insurance policy starts to cover the remaining cost of repairs or claims. For example, if you have a $500 deductible and incur $2,000 in damages, you will pay $500, and your insurer will pay the remaining $1,500.

What is the difference between comprehensive and collision coverage? +

Collision coverage pays for repairs to your vehicle after a collision with another vehicle or object, regardless of who is at fault. Comprehensive coverage covers non-collision incidents, such as theft, vandalism, or damage from natural disasters.

Can I get uninsured/underinsured motorist coverage? +

Yes, uninsured/underinsured motorist coverage is available in some states. This coverage provides financial protection for you if another driver is uninsured or underinsured.

Is auto insurance required by law? +

Yes, in most states, you are required to have a minimum level of liability insurance. Some states also require additional coverage like Personal Injury Protection (PIP) or uninsured motorist coverage. The requirements vary by state, so it’s important to check your local laws.

What happens if I don’t have auto insurance? +

If you drive without insurance, you risk facing legal penalties, fines, and the possibility of your driver's license being suspended. If you're involved in an accident, you could be held responsible for the damages.

Can I add other drivers to my auto insurance policy? +

Yes, you can add other drivers, such as family members or friends, to your policy. However, their driving record and age may affect your premium. It's important to inform your insurer about all the drivers in your household.

What should I do if I get into an accident? +

If you're in an accident, follow these steps: Ensure safety by moving to a safe location if possible. Call the police and file a report. Exchange contact and insurance information with the other driver(s). Take photos of the accident scene, vehicle damage, and injuries. Notify your insurance company about the accident as soon as possible.

What is home insurance? +

Home insurance is a contract between you and an insurance company that provides financial protection against damage or loss caused by natural disasters, theft, or other incidents.

What types of home insurance coverage are available? +

There are several types of home insurance coverage, including flood, fire, burglary, and liability. You may also have coverage for water damage, mold, and other property damage.

How much home insurance do I need? +

The amount of home insurance coverage you need depends on the value of your property, the type of coverage you want, and your insurance provider. You may also need additional coverage for water damage, mold, and other property damage.

Can I cancel my home insurance policy at any time? +

Yes, you can cancel your home insurance policy at any time, provided you follow the correct procedure with the insurance company.

What is the difference between flood and fire coverage? +

Flood coverage covers damage caused by floods, while fire coverage covers damage caused by fires.

How do I choose the right home insurance policy? +

When selecting home insurance, consider factors such as the type of coverage you need, the value of your property, and your insurance provider.

What factors affect my home insurance premium? +

Factors such as the type of coverage you need, the value of your property, and your insurance provider can significantly impact your premium.