HDFC Life Insurance - Prime Life Plan - Individual Balanced Fund

NAV on (01 Feb 2026)

60.3906

Objectives

It is a unit linked plan (ULIP) that gives you the unique advantage of saving as well as reaping returns on investment, where more than 100% of the initial (first year) allocation charges are returned. What's more, with it the sum assured increases by 5% every year. The plan comes with an in-built accidental protection feature, insuring you against death or disability. With ING Prime Life, you also have an option to extend the term to make most of your investments.
Balanced Fund :Provides for higher growth with reasonable security

Benefits

Key Benefits
1.Return of Initial Allocation Charges
This plan has an Initial Allocation Benefit that gives you the opportunity to get back more than the initial allocation charges on Death or on Maturity, i.e., along with the death or maturity benefit the more than initial allocation charges (Allocation charge for the 1st year s premium only) are returned. This amount varies with the policy term and is as below:
For a policy with 15 years term, 1.25 times the initial allocation charges, and
For a policy with 20 years term, 2 times the initial allocation charges
2.Sum Assured 1 increases every year
With its unique feature of Enhanced Protection Benefit, you have the benefit of getting your life cover increased by 5% of the Initial Sum Assured every year from 2nd year policy onwards till the end of the initial policy term provided
regular premiums are paid every year. Stay invested and get more coverage without a need to buy another policy to increase the coverage as the protection need increases.
3.Option to extend the policy term by 10 years

Coverage beyond the Policy Term!
Here s an opportunity to stay protected for a longer period of time, in fact beyond the Policy Term. The unique feature of Extended Policy Term allows you to stay protected for a longer period of time by giving you an option to extend the policy term by 10 years after the initial maturity of the policy.

4.Inbuilt Additional Accidental Coverage
Every day as you step out of your home you are exposed to a host of uncertain events such as accidents that may lead to unfortunate events of death, dismemberment or disability. This plan gives you an Enhanced Accidental Protection wherein, should you meet with an unfortunate accident and suffer disability, dismemberment or death you will be eligible for additional benefits which are as follows:


1. Death	100%
2. Dismemberment of
A) Thumb and index finger on same hand	25%
B) Any one limb	50%
C) Two limbs or more	100%
3. Total and Permanent Loss being
A) Loss of speech	25%
B) Loss of hearing in both ears	50%
C) Loss of use of any one limb	50%
D) Loss of use of two limbs or more	100%
4. Total and Permanent Disability	100%

Please refer to Exclusion Clauses under Terms and Conditions section below. For greater detail refer the policy terms and conditions.

5.Other Regular Benefits
Maturity Benefit
On maturity of the policy, Fund Value and the Initial Allocation Benefit will be paid. If the option to extend the policy term is exercised, the available fund value will be paid on the extended maturity date.
Death Benefit
In the unfortunate event of death of the life assured during the initial policy term, higher of Sum Assured or the fund value and the Initial Allocation Benefit will be payable.

Entry Age Details

Eligibility Criteria

Minimum / Maximum Age at Entry	10 years / 45 years
Minimum / Maximum Age at Maturity	25 years / 65 years
Minimum Yearly Premium	Rs. 12,000 p.a.
Maximum Yearly Premium	Rs. 60,000 p.a.
Minimum Top-up Premium	Rs. 2,000 (Total of the Top-Up Premiums at any time should not exceed 25% of the Total Regular Premiums paid)
Initial Sum Assured	A fixed sum assured of 5 times the annualised premium
Policy Term	Fixed - 15 years / 20 years
Premium Paying Term	Same as policy term
Premium Payment Modes	Annual, Half-yearly, Quarterly, Monthly (only automated payment for monthly mode)

Premium Payment Term

Premium Paying Term:Fixed- 15 years / 20 years
Premium Payment Modes:Annual, Half-yearly, Quarterly, Monthly (only automated payment for monthly mode)

Top-up Premium

At any time if you have additional amount that needs to be invested, you can pay top-up premium to invest in your fund in the same policy without having to buy another policy.In such case additional top-up premium should be a minimum of Rs. 2,000, provided the total top-up premium does not exceed 25% of the total regular premiums paid. Top-up premium facility is available till the maturity of the policy and not during the Extended Policy Term.

Sum Assured Details

Initial Sum Assured :A fixed sum assured of 5 times the annualised premium
Sum Assured 1 increases every year
With its unique feature of Enhanced Protection Benefit, you have the benefit of getting your life cover increased by 5% of the Initial Sum Assured every year from 2nd year policy onwards till the end of the initial policy term provided regular premiums are paid every year.Stay invested and get more coverage without a need to buy another policy to increase the coverage as the protection need increases.

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:

	Investment Pattern
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 opportunity for high growth
Equity Fund	Up to Min. of 90% & to a max. of 100% in equity	Provides for equity linked market returns

Withdrawal

Partial withdrawal charge is 1% of the amount that is withdrawn.
At any point of time after completion of 5 policy years, during emergency you can withdraw a part of your fund. Thus, this plan givesprovision for liquidity at the time of your need, so look no further!
Five partial withdrawals are allowed during the policy term where each partial withdrawal is subject to a maximum of 10% of the fundvalue prevailing at that time subject to a partial withdrawal fee.
The partial withdrawal is subject to payment of three full years regular premium and fund value after each such withdrawal not being less than 1.5 times the annual regular premium.
This benefit is not available during the Extended Policy Term or during the minority of the life assured.

Premium allocation Charges

Premium Allocation Charge

	Premium Allocation Charge
1st year premium	30%
2nd year to 5th year	5%
6th year onwards	1%
Top-up charges	1%

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%

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	1.20	1.40	2.46	6.29	15.69
Mortality Charges - Females	1.05	1.39	1.91	4.58	12.35

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.

Policy Administration Charges

Policy Administration Charge
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% p.a.

Switching Charges

Switching Charges:
Two switches within a policy year are allowed free of charges. For any additional switches within the policy year a charge ofRs.100 per switch would apply.

Surrender Charges

Surrender Charge:
The Surrender Charges are expressed as a percentage of First Year Regular Premium and are as shown below:

Number of full years Premium paid	Surrender Charge (Applicable as a %age of the First Year Premium)
1	30%
2	20%
3	10%
4	5%
5 to 9	2%
10 and above	0%

Returns (as on 01-Feb-2026)

Period	Absolute (%)	Annualised (%)
1 Week	-0.2	0
1 Month	-2	-21.7
3 Months	-1.4	-5.2
6 Months	0.5	1
1 Year	4.5	4.5
2 Years	13.4	6.5
3 Years	41.1	12.1
5 Years	43.4	7.4

NAV Chart

Historic Graph:

From

52-week High

₹61.7859

02-Jan-2026

52-week Low

₹56.5055

04-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.