<< >> We are glad to inform you that your proposal has been accepted and the HDFC Life Sanchay Policy (“Policy”) has been issued. You have a plan for your family. With HDFC Life Sanchay Plus, you get to accumulate sufficient fund-reserves for meeting your financial goals and future aspirations. So to take care of that, we have presented the eligibility criteria … Interest returns turns out to be less than 6 percent, however amount is guaranteed. KEY FEATURES OF HDFC LIFE SANCHAY PLUS Life becomes more meaningful with the achievement of personal milestones which you have planned for. FD returns are now sub 5%. All ages mentioned above are age last birthday. POLICY DOCUMENT- HDFC Life Sanchay Plus Unique Identification Number: <<101N134V05>> Your Policy is a non-participating non-linked savings insurance policy. HDFC Life Sanchay Plan also provides the option of HDFC Life Critical Illness Plus Rider, which can give you financial cover in case you are caught up with any of the 19 critical illnesses. Life Insurance . Like all other insurance plans, individuals can also enjoy tax benefits on this insurance plan under different sections of the Income Tax Act, 1961. The plan provides a holistic solution for you to generate a regular income and to build a corpus to achieve the planned goals and secure your loved one’s future, without any compromises. He will receive a guaranteed maturity benefit of `11,00,000 at the end of the policy term. But these milestones are often accompanied by added responsibilities, expenses and the burden of any uncertainty happening. HDFC Life Sanchay HDFC Life Sanchay is a non-participating insurance plan that offers guaranteed benefits along with flexibility to choose your investment horizon. The customer also has the flexibility to choose a policy term ranging from 15 to 25 years. The life insurance product is underwritten by HDFC Standard Life Insurance Company Limited. marriage, parenthood, retirement, etc. Life Long Income option – Guaranteed^ Income till age 99 years . The insurance company pays 35% of the annualized premium from the end of 7 th year till such time you turn 99. As death benefits, the nominee will receive one of the followings: higher of sum assured, 10 times of annualized premium paid or 105% of the premiums paid, whichever is higher. This Policy is based on the proposal made by the within named Policyholder … The unique feature of this plan is that you will receive the advantages of this policy until you reach 100 years of age!! A customer can choose their premium amount, premium payment term, and the income option based on their current needs and financial goals. Key features; Benefits; Key features. HDFC Life Sanchay Plan is an endowment plan which gives guaranteed returns. His Sum Assured on Maturity in the plan is ` 5,00,000. Savings & … There is no market risk or risk associated with varying annual bonuses. HDFC Life Sanchay par Advantage Plan is a non-linked, participating Life Insurance Plan. Put your financial life on autopilot with Guaranteed Benefits HDFC LIFE SANCHAY A traditional 'without profit' plan with insurance coverage Enhance your Savings! Life Insurance Coverage is available in this product. Compare HDFC Life Sanchay Plan with other insurance plans and buy. Flexibility – Guaranteed^ benefits as regular income. HDFC Life (HDFC Life Insurance Company) is one of the leading private life insurance companies in India offering various insurance policies that best suits your need. This document is the evidence of a contract between HDFC Life Insurance Company Limited and the Policyholder as described in the Policy Schedule given below. HDFC Life Sanchay Savings is a non-participating traditional insurance plan that provides you guaranteed benefits and a great level of flexibility to choose your investment goals. He chooses a policy term of 15 years. Click here to check product brochure. The product also offers the option to defer survival benefits. You have an option to pay a premium for 5 years or 10 years. The plan does not have any bonus facility. The plan is associated with premium payment terms of 5, 8, or 10 years. Check details, benefits, eligibility, documentation and read reviews at PolicyBazaar. You should know whether you are eligible for the chosen life insurance or not because it will be bad for you when your insurance request is rejected. HDFC Life Sanchay Plus offers best in class returns to customers. That means the payouts are guaranteed. His Sum Assured on Maturity in the plan is `5,00,000. HDFC Life Sanchay Par Advantage offers limited premium payment options. Click the http://bit.do/SanchayPlus to know more about the best investment plan with guaranteed returns. This policy comes with a Grace Period of 15 days and 30 days for monthly frequency of premium payment and the grace period and for other frequencies of premium payment respectively. HDFC Life Sanchay Plus – In Brief. HDFC Life Sanchay (UIN No: 101N097V01, Form No: P501) is a traditional insurance product offered by HDFC Life. Eligibility of HDFC Life Sanchay vs HDFC Life Sanchay Par Advantage. 3Premium is exclusive of taxes and levies as applicable. This document is the evidence of a contract between HDFC Life Insurance Company Limited and the Policyholder as described in the Policy Schedule given below. Key Features of HDFC Life Sanchay Plan § Limited premium payment endowment plan Our vision is to provide innovative and customer-centric insurance plans that can help our customers secure their family's future as well as help them with other benefits such as tax savings. HDFC Life Sanchay Plus is a Non-participating traditional life insurance plan. He will receive a guaranteed maturity benefit of ` 11,00,000 at the end of the policy term. Life is all about enjoying every milestone with your family. On completion of 99 years, the insurance company will return all the premiums paid. Below table illustrates his benefits in the plan. Death benefits: The nominee will receive all the death benefits offered by the policy, provided all due premiums have been cleared. Life becomes more meaningful with the achievement of personal milestones which you have planned for. HDFC Life Sanchay. Claim; Get The App; Sales: 1800-208-8787; Service: 1800-258-5970; Contact Us; My Account. "In contrast, any contribution you make to HDFC Life Sanchay Plus gets you a tax benefit. The company claims it to be a Sanchay (means save and grow) Plan with advantage. It also offers flexibility to accrue the pay-outs of survival benefits. Customers can avail immediate income option that provides payouts from the first policy month onwards, if the monthly … "The money you put in FD, as you know, is swindled away by big industrialists and is not as safe." Features: Guaranteed^ benefits – Rest assured of the returns. HDFC Life Sanchay Plus comes with multiple benefit options. He chooses a policy term of 15 years. HDFC Life Sanchay Plus. Ramesh, 35 year old individual, pays premium of ` 1,15,5154 annually for 5 years in the HDFC Life Sanchay. Under the 6-year premium payment option, you get life cover for 6 years. maturity value is paid over a period of time. The plan offers guaranteed additions for each completed policy year. It ensures lifelong regular income to the holder of the policy along with the flexibility of the option of pay-out and cover for a whole life. “HDFC Life Sanchay Plus” is a non-participating, non-linked, savings insurance plan that offers guaranteed returns for you and your family. Let’s find out more about HDFC Life Sanchay Plus and … Variant 4: HDFC Life Sanchay Plus: Life Long Income Option. Life … We have made every effort to design your Policy Document in a simple format. HDFC Life Sanchay 1 <<4 April 2013>> <> <> <> Dear <>, Sub: Your Policy no. The same is the scene with HDFC Life Click 2 Protect 3D Plus term life plan. It’s bound to get confused there. Moreover, it is a deferred payout plan i.e. The values shown are HDFC Life Sanchay offers loans up to 80% of the surrender value. You know upfront what you are getting into. HDFC Life Sanchay Par Advantage is a participating life insurance plan that provides an option to avail cover for whole of life (till the age 100 years). When HDFC Life comes with a product having a plus in the name, it clearly means a product with lots of variants in a single product. 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