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HDFC Life Sanchay Insurance Plan

HDFC Life Sanchay Insurance Plan - Life is full of responsibilities and as a responsible individual you aspire to build a financially secured life for your loved ones. Guaranteed Returns helps you to fulfill your responsibility with ease. Presenting HDFC Life Sanchay, a non-participating insurance plan, that offers guaranteed benefits along with flexibility to choose your investment horizon.

HDFC Life Sanchay Insurance Plan (Features):

  • Non Participating Traditional Plan with Guaranteed Benefits
  • Limited premium paying term of 5, 8 or 10 years
  • Flexibility to choose the policy term of 15 to 25 years
  • Guaranteed Additions of 8% or 9% of Sum Assured on Maturity to your maturity benefit, accrued at simple rate for each completed policy year
  • The total Guaranteed Maturity Benefit will be between 220% to 325% of Sum Assured on Maturity provided all due premiums have been paid
  • You can customize your coverage by opting HDFC Life Income Benefit on Accidental Disability Rider that offers monthly Income of 1% of rider Sum Assured in the event of Total Permanent Disability due to accident for a fixed period of 10 years
  • The flexibility to choose premium payment frequency i.e. monthly/quarterly/half-yearly/annually
  • EMI available for HDFC Bank Credit Card holders.
  • Get additional protection by opting for HDFC Life Critical Illness Plus Rider that provides Rider Sum Assured in case diagnosed with any of the 19 Critical Illnesses

HDFC Life Sanchay Insurance Plan (Advantages):

  • Limited premium paying term of 5,8 or 10 years with flexibility to choose policy term between 15 to 25 years
  • Financial Protection against untimely demise, throughout the policy term
  • Guaranteed Benefits of 220% to 325% of the Sum Assured on Maturity depending upon the policy term
  • You can opt for hassle-free issuance on the basis of a Short Medical Questionnaire eliminating tedious medical tests 

    For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.

HDFC Life Sanchay Insurance Plan (Eligibility):

Min- Max Entry Age (years)          
30 days*
       
45                
Min- Max age at Maturity (years)
18            
       
70
Premium Paying Term (years)                            
5, 8 and 10
Min –Max Policy Term (years)              
15
         
25

*The minimum age at maturity should be 18 years.

All ages mentioned above are age last birthday.

For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.

HDFC Life Insurance Savings and Investment Plans and Policy

Disclaimers:

Starting premiums for this plan are Rs. 24000 per year and the plan is available only on an annual mode

HDFC Life Smart Woman Plan (Form No: P501, UIN: 101L082V02). This is a unit linked non participatory product. For more details on risk factors, terms and conditions and exclusions please read the product brochure or consult financial consultant before conclusion of sale. Unit linked insurance plans are different from traditional plans and are subject to different market risks. The investment risk in the portfolio is borne by the policyholder. (hdfclife.com)