POLICY DOCUMENT- HDFC Life Sanchay Plus Unique Identification Number: <<101N134V05>> Your Policy is a non-participating non-linked savings insurance policy. 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). "The money you put in FD, as you know, is swindled away by big industrialists and is not as safe." The same is the scene with HDFC Life Click 2 Protect 3D Plus term life plan. 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. Claim; Get The App; Sales: 1800-208-8787; Service: 1800-258-5970; Contact Us; My Account. The values shown are maturity value is paid over a period of time. The insurance company pays 35% of the annualized premium from the end of 7 th year till such time you turn 99. All ages mentioned above are age last birthday. KEY FEATURES OF HDFC LIFE SANCHAY PLUS Life becomes more meaningful with the achievement of personal milestones which you have planned for. The unique feature of this plan is that you will receive the advantages of this policy until you reach 100 years of age!! Under the 6-year premium payment option, you get life cover for 6 years. Ramesh, 35 year old individual, pays premium of ` 1,15,5154 annually for 5 years in the HDFC Life Sanchay. But these milestones are often accompanied by added responsibilities, expenses and the burden of any uncertainty happening. Click the http://bit.do/SanchayPlus to know more about the best investment plan with guaranteed returns. His Sum Assured on Maturity in the plan is ` 5,00,000. POLICY DOCUMENT- HDFC Life Sanchay Unique Identification Number: << 101N097V07 >> Your Policy is a non-participating non-linked protection-cum-savings limited pay policy. Savings & … Interest returns turns out to be less than 6 percent, however amount is guaranteed. HDFC Life Sanchay. Variant 4: HDFC Life Sanchay Plus: Life Long Income Option. We have made every effort to design your Policy Document in a simple format. This Policy is based on the proposal made by the within named Policyholder … He chooses a policy term of 15 years. HDFC Life Sanchay Par Advantage Plan is a non-linked life insurance policy with participation benefits. Below table illustrates his benefits in the plan. The plan does not have any bonus facility. The product also offers the option to defer survival benefits. Life Long Income option – Guaranteed^ Income till age 99 years . Let’s find out more about HDFC Life Sanchay Plus and … 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. 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. But these milestones are often accompanied by added responsibilities, expenses and the burden of any uncertainty happening. Life is all about enjoying every milestone with your family. HDFC Life Sanchay (UIN No: 101N097V01, Form No: P501) is a traditional insurance product offered by HDFC Life. HDFC Life Sanchay HDFC Life Sanchay is a non-participating insurance plan that offers guaranteed benefits along with flexibility to choose your investment horizon. Presenting HDFC Life Sanchay, a non-participating insurance plan that offers guaranteed benefits along with flexibility to choose your investment horizon. HDFC Life Sanchay offers loans up to 80% of the surrender value. 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. So to take care of that, we have presented the eligibility criteria … "In contrast, any contribution you make to HDFC Life Sanchay Plus gets you a tax benefit. That means the payouts are guaranteed. Moreover, it is a deferred payout plan i.e. It’s bound to get confused there. Life Insurance Coverage is available in this product. 3Premium is exclusive of taxes and levies as applicable. HDFC Life Sanchay Plan is an endowment plan which gives guaranteed returns. You have an option to pay a premium for 5 years or 10 years. The plan offers guaranteed additions for each completed policy year. 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. Here in this video, i am giving you returns proof for Money back insurance plans. HDFC Life's financial consultant, I was talking to, went even further. “HDFC Life Sanchay Plus” is a non-participating, non-linked, savings insurance plan that offers guaranteed returns for you and your family. marriage, parenthood, retirement, etc. The life insurance product is underwritten by HDFC Standard Life Insurance Company Limited. Flexibility – Guaranteed^ benefits as regular income. 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 comes with multiple benefit options. On completion of 99 years, the insurance company will return all the premiums paid. You have a plan for your family. HDFC Life Sanchay 1 <<4 April 2013>> <> <> <> Dear <>, Sub: Your Policy no. 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. 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. Click here to check product brochure. Eligibility of HDFC Life Sanchay vs HDFC Life Sanchay Par Advantage. Key features; Benefits; Key features. HDFC Life Sanchay Plus plan is a non-linked policy that is insulated from market investment risks and assures guaranteed returns. The company claims it to be a Sanchay (means save and grow) Plan with advantage. Life Insurance . 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. It provides four benefit options which enable individuals to fulfill their financial needs at various life stages – Guaranteed Maturity, Guaranteed Income, Life Long Income and Long Term Income. He chooses a policy term of 15 years. Features: Guaranteed^ benefits – Rest assured of the returns. HDFC Life Sanchay par Advantage Plan is a non-linked, participating Life Insurance Plan. The plan is associated with premium payment terms of 5, 8, or 10 years. Check details, benefits, eligibility, documentation and read reviews at PolicyBazaar. Compare HDFC Life Sanchay Plan with other insurance plans and buy. FD returns are now sub 5%. A customer can choose their premium amount, premium payment term, and the income option based on their current needs and financial goals. It also offers flexibility to accrue the pay-outs of survival benefits. There is no market risk or risk associated with varying annual bonuses. Customers can avail immediate income option that provides payouts from the first policy month onwards, if the monthly … The customer also has the flexibility to choose a policy term ranging from 15 to 25 years. Beat that! << >> We are glad to inform you that your proposal has been accepted and the HDFC Life Sanchay Policy (“Policy”) has been issued. HDFC Life Sanchay Plus offers best in class returns to customers. HDFC Life Sanchay Plus. With HDFC Life Sanchay Plus, you get to accumulate sufficient fund-reserves for meeting your financial goals and future aspirations. HDFC Life Sanchay Plus – In Brief. Life becomes more meaningful with the achievement of personal milestones which you have planned for. They are taxed too. He will receive a guaranteed maturity benefit of ` 11,00,000 at the end of the policy term. Death benefits: The nominee will receive all the death benefits offered by the policy, provided all due premiums have been cleared. Put your financial life on autopilot with Guaranteed Benefits HDFC LIFE SANCHAY A traditional 'without profit' plan with insurance coverage Enhance your Savings! HDFC Life Sanchay Plus is a Non-participating traditional life insurance plan. You know upfront what you are getting into. His Sum Assured on Maturity in the plan is `5,00,000. Like all other insurance plans, individuals can also enjoy tax benefits on this insurance plan under different sections of the Income Tax Act, 1961. 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 Par Advantage offers limited premium payment options. 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 will receive a guaranteed maturity benefit of `11,00,000 at the end of the policy term. 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. 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