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IRDAI/I NTAII/BA/51/2018
CIN: U72900KA2018PTC110119

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Q.1 What happens if the premiums of HDFC Life ProGrowth Plus Policy are not paid? In case the premium of HDFC Life ProGrowth Plus plan has not been paid even till the expiry of the grace period, then the following options are available to you: You can revive your policy within two years from lapse date of discontinuance, or You can withdraw the Policy completely, without getting any risk cover or benefit You also can convert your policy into a paid-up policy. However, this option is available only if your policy lapses or discontinues after the completion of 5 years of the policy term. In case you do not select one amongst the above mentioned options and do not communicate the same to the insurer, then the following will happen: In case of discontinuation of the policy before 5 complete years from the beginning of the policy: The Fund Value excluding the relevant charges will be added to the (DPF) Discontinued Policy Fund. The takings from Discontinued Policy Fund shall be payable post the lock-in period is completed. In case of discontinuation of the policy after 5 complete years from the beginning of the policy: The entire Fund Value shall be payable to you You also have an option to renew a terminated policy within a period of 2 years from the discontinuation date of the policy, provided all the premiums have been duly paid subject to the underwriting policy. Q.2 What is the Surrender Benefit under the HDFC Life ProGrowth Plus Policy? In case you surrender the HDFC Life ProGrowth Plus Plan before the fifth policy year is complete, your total Fund Value excluding the relevant charges will be added to the (DPF) Discontinued Policy Fund and the takings from the same shall be payable post the lock-in period of the policy is completed. In case you surrender the policy post the completion of 5 years of the policy term, your total Fund Value shall be paid to you. Once this benefit is paid to the policyholder, the policy comes to an end and no further benefit shall be payable. For further details on surrender, it is advisable to refer to the formal policy brochure. Q.3 What is Settlement Option in the HDFC Life ProGrowth Plus Policy? In the Settlement Option of the HDFC Life ProGrowth Plus Policy, the total Fund Value is payable in the form of regular payments over a period of up to five years. The amount of such installments paid on the specified dates is subject to the investment risk; meaning, theNAVmight increase of fall down as per the performance of the fund options that you choose. Your capital will stay invested in the funds of your choice and investment risk, as during the term of the policy, shall be applicable to it. While the Settlement period is on, risk cover will terminate and the Fund Management Charges will continuously be deducted. However, there will no further applicable charges. No withdrawals or switches shall be allowed while the settlement period is going on. However, during this period, the policyholder might be allowed to make a complete withdrawal without any charge being levied. At the closing of the five-year term, the balance units shall be redeemable at the unit price that would be prevailing at that time and the total fund value shall be payable to you. Q.4 What are the fund options available under the HDFC Life ProGrowth Plus Policy? The HDFC Life ProGrowth Plus Policy offers 4 different fund options with varying risk and return profiles. The options are as follows: Income Fund Balanced Fund Blue Chip Fund Opportunities Fund Tata AIA Life Insurance Fortune Maxima

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Policyholder has to fill up an `Application form/ proposal form for HDFC Life Progrowth Plus plan with accurate medical history and submit KYC documents. The documentation procedure is fairly simple and one requires to submit the following self-attested documents: Age Proof: Any one among Birth Certificate, Passport, Permanent Driving License, PAN Card, School Certificate is required for the HDFC Life Progrowth Plus cover Address Proof: Theavailable options for HDFC Progrowth Plus policies are: Telephone, Electricity, Credit Card or Water Tax Bill (all not over 3 months old), Lease Agreement, Gas Connection Card or Letter, or Bank Statement (not over 1 month old), Passport, Permanent Driving License or Ration Card Income Proof: The income proof documents admissible for HDFC Progrowth Plus areITR Form 16 (not over 3 years old) or Salary Slip (not over 3 months old). People are advised to contact sales representative for more details Identity Proof: The following documents are approved for this under HDFC Life Progrowth Plus – PAN Card, Voter ID Card, Permanent Driver License, Passport or Ration Card with photo Payment: The payment for HDFC Progrowth Plus has to be made by Cheque or Demand Draft in favour of `HDFCSLIC payable at par One Photograph (passport size) is required for the HDFC Life Progrowth Plus plan

The insured will get the total Fund Value on Maturity under HDFC Life Progrowth Plus Under HDFC Life Progrowth Plus, maturity proceeds can be availed in equal instalments post maturity over a period of 5 years through the Settlement Option On death of the policyholder under HDFC Life Progrowth Plus, higher of the Sum Assured net of Partial Withdrawals made 2 years prior to death or Fund Value or 105% of premiums paid is payable to the nominee if attained age is less than 60 years Under HDFC Life Progrowth Plus plan, on or after attaining 60 years, higher of SA net of Partial Withdrawals made after age 58 years or Fund Value or 105% of premiums paid is payable Under HDFC Life Progrowth Plus, an additional Accidental Death Benefit equal to the SA is payable under the Extra Life Cover Option if the policyholder meets with accidental death Income tax benefit on the premium paid under HDFC Life Progrowth Plus as per Section 80C and on claims under Section 10(10D) of the Income Tax Act. HDFC Life Progrowth Plus provides EMI facility to HDFC Bank credit card holders HDFC Life Progrowth Plus offers convenient premium paying options – credit card, internet banking, cheque, auto debit facility

Policy Details of HDFC Life ProGrowth Plus Grace Period: 15 days grace period is allowed for monthly mode and 30 days for other modes in HDFC Progrowth Plus Policy Termination or Surrender Benefit: Policyholder of HDFC Progrowth Plus is allowed to surrender the policy after 5 completed years. If surrendered before 5 years, the fund value net of discontinuation charge will be credited to the Discontinued Policy Fund where it will earn a minimum of 4% p.a. growth. After completion of 5 years, the fund value in the Discontinued Policy fund as on that date will be paid to the policyholder. If surrendered after 5 completed policy years, the entire Fund value on the date of surrender is paid without any charges Free Look Period: If you are not pleased with the coverage, and terms and conditions of the HDFC Life Progrowth Plus, you have the option of cancelling HDFC Progrowth Plus policy within 15 days of receipt of the policy documents, provided there has been no claim. Inclusions Partial withdrawals are allowed every year with a minimum value of Rs.10,000 in HDFC Progrowth Plus Switches are allowed every year for switching between funds under HDFC Progrowth Plus Future premiums can be redirected to a new fund via the Premium Redirection option in the HDFC Progrowth Plus plans Additional Features or Riders Premium paying frequency can be changed as per requirement under HDFC Progrowth Plus There is an inbuilt Accidental Death Benefit Rider under the Extra Life Option of these HDFC Progrowth Plus plans Exclusions In HDFC Life Progrowth Plus, the benefit paid in case of suicide within 12 months of policy inception or revival is the fund value as on that date. In case of rider benefit under HDFC Life Progrowth Plus, death 3 months after the accident or accidental death due to intentional self-inflicted injury, alcohol abuse, war, aviation, and acts of criminal nature or due to participating in hazardous activities is excluded.

Q.1 What happens if the premiums of HDFC Life ProGrowth Plus Policy are not paid? In case the premium of HDFC Life ProGrowth Plus plan has not been paid even till the expiry of the grace period, then the following options are available to you: You can revive your policy within two years from lapse date of discontinuance, or You can withdraw the Policy completely, without getting any risk cover or benefit You also can convert your policy into a paid-up policy. However, this option is available only if your policy lapses or discontinues after the completion of 5 years of the policy term. In case you do not select one amongst the above mentioned options and do not communicate the same to the insurer, then the following will happen: In case of discontinuation of the policy before 5 complete years from the beginning of the policy: The Fund Value excluding the relevant charges will be added to the (DPF) Discontinued Policy Fund. The takings from Discontinued Policy Fund shall be payable post the lock-in period is completed. In case of discontinuation of the policy after 5 complete years from the beginning of the policy: The entire Fund Value shall be payable to you You also have an option to renew a terminated policy within a period of 2 years from the discontinuation date of the policy, provided all the premiums have been duly paid subject to the underwriting policy. Q.2 What is the Surrender Benefit under the HDFC Life ProGrowth Plus Policy? In case you surrender the HDFC Life ProGrowth Plus Plan before the fifth policy year is complete, your total Fund Value excluding the relevant charges will be added to the (DPF) Discontinued Policy Fund and the takings from the same shall be payable post the lock-in period of the policy is completed. In case you surrender the policy post the completion of 5 years of the policy term, your total Fund Value shall be paid to you. Once this benefit is paid to the policyholder, the policy comes to an end and no further benefit shall be payable. For further details on surrender, it is advisable to refer to the formal policy brochure. Q.3 What is Settlement Option in the HDFC Life ProGrowth Plus Policy? In the Settlement Option of the HDFC Life ProGrowth Plus Policy, the total Fund Value is payable in the form of regular payments over a period of up to five years. The amount of such installments paid on the specified dates is subject to the investment risk; meaning, theNAVmight increase of fall down as per the performance of the fund options that you choose. Your capital will stay invested in the funds of your choice and investment risk, as during the term of the policy, shall be applicable to it. While the Settlement period is on, risk cover will terminate and the Fund Management Charges will continuously be deducted. However, there will no further applicable charges. No withdrawals or switches shall be allowed while the settlement period is going on. However, during this period, the policyholder might be allowed to make a complete withdrawal without any charge being levied. At the closing of the five-year term, the balance units shall be redeemable at the unit price that would be prevailing at that time and the total fund value shall be payable to you. Q.4 What are the fund options available under the HDFC Life ProGrowth Plus Policy? The HDFC Life ProGrowth Plus Policy offers 4 different fund options with varying risk and return profiles. The options are as follows: Income Fund Balanced Fund Blue Chip Fund Opportunities Fund Tata AIA Life Insurance Fortune Maxima

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Policyholder has to fill up an `Application form/ proposal form for HDFC Life Progrowth Plus plan with accurate medical history and submit KYC documents. The documentation procedure is fairly simple and one requires to submit the following self-attested documents: Age Proof: Any one among Birth Certificate, Passport, Permanent Driving License, PAN Card, School Certificate is required for the HDFC Life Progrowth Plus cover Address Proof: Theavailable options for HDFC Progrowth Plus policies are: Telephone, Electricity, Credit Card or Water Tax Bill (all not over 3 months old), Lease Agreement, Gas Connection Card or Letter, or Bank Statement (not over 1 month old), Passport, Permanent Driving License or Ration Card Income Proof: The income proof documents admissible for HDFC Progrowth Plus areITR Form 16 (not over 3 years old) or Salary Slip (not over 3 months old). People are advised to contact sales representative for more details Identity Proof: The following documents are approved for this under HDFC Life Progrowth Plus – PAN Card, Voter ID Card, Permanent Driver License, Passport or Ration Card with photo Payment: The payment for HDFC Progrowth Plus has to be made by Cheque or Demand Draft in favour of `HDFCSLIC payable at par One Photograph (passport size) is required for the HDFC Life Progrowth Plus plan

The insured will get the total Fund Value on Maturity under HDFC Life Progrowth Plus Under HDFC Life Progrowth Plus, maturity proceeds can be availed in equal instalments post maturity over a period of 5 years through the Settlement Option On death of the policyholder under HDFC Life Progrowth Plus, higher of the Sum Assured net of Partial Withdrawals made 2 years prior to death or Fund Value or 105% of premiums paid is payable to the nominee if attained age is less than 60 years Under HDFC Life Progrowth Plus plan, on or after attaining 60 years, higher of SA net of Partial Withdrawals made after age 58 years or Fund Value or 105% of premiums paid is payable Under HDFC Life Progrowth Plus, an additional Accidental Death Benefit equal to the SA is payable under the Extra Life Cover Option if the policyholder meets with accidental death Income tax benefit on the premium paid under HDFC Life Progrowth Plus as per Section 80C and on claims under Section 10(10D) of the Income Tax Act. HDFC Life Progrowth Plus provides EMI facility to HDFC Bank credit card holders HDFC Life Progrowth Plus offers convenient premium paying options – credit card, internet banking, cheque, auto debit facility

Policy Details of HDFC Life ProGrowth Plus Grace Period: 15 days grace period is allowed for monthly mode and 30 days for other modes in HDFC Progrowth Plus Policy Termination or Surrender Benefit: Policyholder of HDFC Progrowth Plus is allowed to surrender the policy after 5 completed years. If surrendered before 5 years, the fund value net of discontinuation charge will be credited to the Discontinued Policy Fund where it will earn a minimum of 4% p.a. growth. After completion of 5 years, the fund value in the Discontinued Policy fund as on that date will be paid to the policyholder. If surrendered after 5 completed policy years, the entire Fund value on the date of surrender is paid without any charges Free Look Period: If you are not pleased with the coverage, and terms and conditions of the HDFC Life Progrowth Plus, you have the option of cancelling HDFC Progrowth Plus policy within 15 days of receipt of the policy documents, provided there has been no claim. Inclusions Partial withdrawals are allowed every year with a minimum value of Rs.10,000 in HDFC Progrowth Plus Switches are allowed every year for switching between funds under HDFC Progrowth Plus Future premiums can be redirected to a new fund via the Premium Redirection option in the HDFC Progrowth Plus plans Additional Features or Riders Premium paying frequency can be changed as per requirement under HDFC Progrowth Plus There is an inbuilt Accidental Death Benefit Rider under the Extra Life Option of these HDFC Progrowth Plus plans Exclusions In HDFC Life Progrowth Plus, the benefit paid in case of suicide within 12 months of policy inception or revival is the fund value as on that date. In case of rider benefit under HDFC Life Progrowth Plus, death 3 months after the accident or accidental death due to intentional self-inflicted injury, alcohol abuse, war, aviation, and acts of criminal nature or due to participating in hazardous activities is excluded.