Financial reserves and monetary strength- both of these serve as core parameters for the future goals and responsibilities for any person. In this world of financial inclusion, every person needs to secure the future of her/his loved ones and dependent family members. While searching for credible investment options and beneficial modes of fund-growth, there are certain things that every one of us must bear in mind. One of the most important ones among these things is the need for having guaranteed returns on investment. There are several linked plans that may offer higher rates of return, but they come with market-linked risks. This limits the possibility of having assured benefits over time. Keeping the need for having a guaranteed-benefit plan in mind, HDFC Life presents HDFC Life Sanchay Plus – a non-linked plan that comes with guaranteed benefits directed towards ensuring that you and your loved ones have a safe and secure financial future at all times.
HDFC Life Sanchay Plus comes with following features:
- Assured returns: The returns that you get are completely guaranteed and insulated from all kinds of market-risks.
- Life-Long Income option: This feature entitles you to a guaranteed regular income till you attain the age of 99 years.
- Long –Term Income option: This feature entitles you to a guaranteed regular income for a pre-decided and fixed term that ranges from 25 years to 30 years.
- Return of Premium option: With Life-Long Income and Long Term Income options, there is an added clause for return of the paid premiums, once the payout period is over.
- HDFC Life Sanchay Plus comes with several rider-options that offer additional benefits as supplements towards the main plan benefits.
- This extensively beneficial plan also entitles the policy holder to receive enhanced benefits for policy-terms where the payable premium is more than Rs. 1.5 Lac in any financial year.
HDFC Life Sanchay Plus has been formulated to address the diverse investment needs that suit your requirements and hence, the base-plan comes with various formats that are listed below:
- Guaranteed Maturity Option: This option allows for the provision of a lump-sum payout of the accrued benefits once the policy term gets matured.
- Guaranteed Income Option: This option provides regular, periodic pay-outs to the policy holder for a fixed term (which may be 10 years to 12 years).
- Guaranteed Life Long Income: This option entitles the policy holder to receive guaranteed payouts as regular income until she/he attains the age of 99 years.
- Guaranteed Long-term income option: This option has the provision for ensuring a fixed income for the policy holder (and also the return of paid premiums) after the maturity of the policy term.
With this plan, the accrued benefit for the nominee(s) of the policy holder i.e. the payout in the form of death benefit is 10 times the premium paid by the policy holder in one financial year or 105% of the total premiums paid by the policy holder, whichever is higher. The detailed terms and conditions of the sum assured vary from one option to another.
With HDFC Life Sanchay Plus, you get to create and retain a significant corpus at the time of plan maturity and with additional tax benefits under Sections 80C and 10D of the Income Tax Act. Thus, this plan makes your funds work for you and towards ensuring a stable and optimally guaranteed financial future for you and your loved ones.
For details, contact on : +91 9974372131
