Sanchay Plus HDFC Life Insurance
Without proper financial planning it is difficult to accomplish goals in life, especially the ones with monetary obligations. So, if you are willing to safeguard the financial security of your dear ones to allow them a bright future, you must opt for the HDFC Life Sanchay Plus Plan. This is a non-participating and non-linked savings plan that serves your purpose of accomplishing goals in the best possible way.
Highlights of HDFC Life Sanchay Plus
Claim settlement Ratio - 99.5 %
Tax Benefits - Available as per prevailing tax laws
Critical Illness Coverage: Available as a rider benefit
Accidental death benefit: Available as a rider benefit
Pros & Cons HDFC Life Sanchay Plus
Quick Answers to all Life Insurance Questions
HDFC Life
Insurance Company
HDFC Life Insurance Company was established in the year 2000 when the life insurance business was liberalized in India. Today, HDFC Life Insurance Company works as a joint venture between two reputed names in the financial sector – HDFC Limited, the largest housing finance company in India, and Standard Life Aberdeen which is an international investment company. HDFC Life Insurance Company is a reputed name in the Indian life insurance sector. The company offers a range of insurance solutions that cater to the varied financial needs of individuals as well as its corporate clients.
Claims Experience
% of claims settled in less than 30 days Reflects on the speed of settling valid claims
% of Complaints received on overall claims % customers unhappy with claims experience
Claims Incurred Ratio Claim Settlement Ratio (No. of claims) What % of the claims received were paid?
Benefits of HDFC Life Sanchay Plus
| Key Benefits | |
| Tax Benefits |
Available as per prevailing tax laws. |
| Other Benefits | |
| Rider benefits |
Available |
| Option | |
| Plan options |
4 variants available |
| Guaranteed maturity option |
Guaranteed maturity equals total premiums. |
| Lifelong income option |
Income up to age of 99 |
Sahi Advice,
Sahi Insurance
If you have any questions on how to choose the best insurance plan, you can connect with our IRDAI certified insurance advisors.
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An insured can avail monthly, quarterly, half-yearly and yearly premium payment frequencies as per their needs and comfort under the HDFC Sanchay Plus Plan.
An insured can pay a minimum of INR 2500 per month under the Life Sanchay Plus Plan of HDFC.
The HDFC Life Sanchay Plus Plan allows the policyholder to avail loan once the plan acquires a surrender value, which depends on the terms and conditions of the company.
Yes, the HDFC Life Sanchay Plus Plan makes the insured entitled to certain tax benefits as per the tax laws that are prevailing and they are subject to change.
The minimum age at entry should be 5 years and above, while the maximum age is 55 years.