The maturity benefit is equal to Sum Assured on Maturity plus accrued Cash Bonuses (if not paid earlier), plus interim Survival Benefit (if any), plus Terminal Bonus (if declared). **As per Income Tax, 1961. ARN: EC/06/2017/9792 2 Total Premiums Paid is the total of all the premiums received, excluding any extra premium, any rider premium and taxes. The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited and is used by HDFC Life under a licence/agreement For more details on risk factors, associated terms and conditions and exclusions, please read the sales brochure carefully before concluding a sale. 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. The policy will acquire a Guaranteed Surrender Value (GSV) provided at least first 2 years’ premiums have been paid. Yes, we also offer additional benefits for the policies with Annual Premium more than or equal to Rs. D. Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. %PDF-1.5 %���� A Life Insurance plan offers financial protection against such unforeseen events. If your policy offers guaranteed benefits then these will be clearly marked “guaranteed” in the illustration table on this page. We at HDFC Life bring to you “HDFC Life Sanchay Plus – Rest assured of the returns Flexibility Life Long Income option – Guaranteed income till age 99 years Long Term Income option If your policy offers variable benefits then the illustrations on this page will show two different rates of assumed future investment returns. Our unit-linked funds against their respective benchmarks. The company claims it to be a Sanchay (means save and grow) Plan with advantage. Please refer Product Brochure for details on Cash Bonus Rate. Variant 4: HDFC Life Sanchay Plus: Life Long Income Option. Insurance is the subject matter of the solicitation. HDFC Life Insurance Company Limited. A Non-Linked, Participating, Life Insurance Plan Sanchay Par Advantage A Non-Linked, Participating, Life Insurance Plan Sanchay Par Advantage Introducing, • m C a s h s b o n u s t a r t f r o * Enjoy lifelong regular income with flexibility of payouts and whole life cover1. 4 Total Premiums Paid is the total of all the premiums received, excluding any extra premium, any rider premium and taxes. To simplify the decision of when to buy an Investment Plan. The plan offers guaranteed additions for each completed policy year. "The money you put in FD, as you know, is swindled away by big industrialists and is not as safe." ^On survival, at the end of the policy term, receive lumpsum benefit as aggregate of: i) Sum Assured of Maturity ii) Accrued Guaranteed Additions. +91 or 00. Insurance is the subject matter of the solicitation. They are taxed too. How to Choose the Best Health Insurance Plans & Policies in India? The plan 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. For all other ages, risk commences from the date of inception of the contract. He chooses a policy term of 15 years. The policyholder would be eligible to receive Cash Bonus (if declared) at the end of each Policy Year and payable from the 1st  policy year until death or end of policy term, whichever is earlier. (DO NOT prefix any country code e.g. ** Maturity Benefit comprises Sum Assured on Maturity (INR 8,00,000) and Terminal Bonus. ^As per Income Tax, 1961. A product like HDFC Life Sanchay Par Advantage is an example of innovative . Cash Bonus payable = Cash Bonus Ratex Annualized Premium3. Demat your life insurance policies with HDFC Life. HDFC Life Sanchay Plus ((UIN: 101N134V01) is a traditional insurance product offered by HDFC Life. 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. The policyholder can avail Loan under the policy provided the policy has acquired a surrender value and subject to terms and conditions as the Company may specify from time to time. Planning for retirement in 2016? There are two plan options available under HDFC Life Sanchay Par Advantage: Cash bonus is declared at the end of every financial year and payable every year basis the frequency chosen (annual, half-yearly, quarterly or monthly) rather than at the time of a claim and hence acts as a source of regular income. Please update via My Account/service@hdfclife.com/18602679999/HDFC Life branch. POLICY DOCUMENT-HDFCLIFE SANCHAY PAR ADVANTAGE Unique Identification Number: <<101N136V01>> Your Policy is a Non Linked Participating Life Insurance Plan. 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. Alterations: Rider term and sum assured cannot be altered. BEWARE OF SPURIOUS / FRAUD PHONE CALLS! To help you achieve your goals, we present to you “HDFC Life Sanchay Par Advantage”, a life insurance solution which allows you to live an uncompromised life, whilst securing the future of your family and, ensuring you leave behind a legacy for them. Most of these life insurance policies are available online, so buy one today and Sar Utha Ke Jiyo!. For more details on risk factors, terms and conditions and exclusions please read the product brochure before conclusion of sale. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited). Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011. You also have to take care of day to day responsibilities like running the family, paying for health expenses, children’s school fees etc. How to choose the best child plan in 2016? marriage, parenthood, retirement, etc. Tax benefits are subject to changes in tax laws, HDFC Life Income Benefit on Accidental Disability Rider. The premiums can be paid annually, half-yearly, quarterly and monthly. HDFC SL Sanchay Plan is a traditional Endowment Plan with Guaranteed Benefits thereby enhancing savings and also providing life insurancecoverage Variant 4: HDFC Life Sanchay Plus: Life Long Income Option. How may I help you ? 1000 p.m* with HDFC Life Click 2 Wealth. 101. ARN: EC/06/2017/9856. Deferred Income: This option provides Guaranteed Income for a guarantee period, and also provides regular income by way of cash bonuses (if declared) throughout the policy term. h�bbd``b`��@�����b{��j ��" �r�X��Hp%�X���� A Guide to understand the current market scenario. B. The maturity benefit is equal to Sum Assured on Maturity plus accrued Guaranteed Income and Cash Bonuses (if not paid earlier), plus interim Survival Benefit (if any), plus Terminal Bonus (if declared). Mon-Sat 10 am to 7 pm IST (Local Charges Applicable.) HDFC Life Sanchay Par Advantage Plan is a non-linked life insurance policy with participation benefits. He will receive a guaranteed maturity benefit of ` 11,00,000 at the end of the policy term. Guaranteed Income Rate will be known to you at inception. Ramesh, 35 year old individual, pays premium of ` 1,15,5154 annually for 5 years in the HDFC Life Sanchay. Insurance cover during complete policy term of 16 years. No hassale. For details on Death Multiple, please refer Product Brochure. His Sum Assured on Maturity in the plan is ` 5,00,000. Plan Now. 2 Guaranteed Income starts after Premium Payment Term + 1 year, provided all due premiums have been paid and the policy is in force. Life cover with protection up to age 100 years; ... For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale. 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. Top 3 Short Term Investment Options for 2016, 3 Good Long Term Investment Options for 2016. 17-03-2020 Quote No : qa0vms4ko3ult Benefit Illustration for HDFC Life Sanchay Par Advantage This illustration has ^Cash Bonus (if declared) is payable for the entirety of the policy term. When to buy a suitable term plan of Rs 50 lakh at beginning... 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