The Hindu Business Line : Unit-linked plan, pension product from HDFC Standard

HDFC Standard Life, launched its unit linked insurance and pension plans today. The premium for both the products will be invested in units of the investment fund, as per the investors' choice.

The minimum premium amount is Rs 10,000 each year for both the plans, with a single premium option of Rs 25,000 for the pension plan.

The plans are targeted at individuals who want to make their own investment choices. They also have the flexibility of increasing premium contributions in any existing accounts.

The endowment plan allows investments in liquid, secure, balanced and growth plans with the equity component rising from 0 to 100 per cent.

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Unit-linked plan, pension product from HDFC Standard