HDFC Life Sanchay Plus Plan is a non-participating, non-linked traditional saving plan which provides guaranteed returns to the insured and their family members. This plan gives financial security to manage the major miles stones in life like marriage, parenthood, retirement etc. which needs major accurate preparation and planning. The plan gives protection against unforeseen events safeguarding your future dreams with assured offers and irreplaceable benefits.
When the insured under the HDFC Life Sanchay Plus policy claims for guaranteed benefit, they get the flexibility to use it in either form of lump sum amount or as a regular income.
This policy gives the policyholder to enjoy guaranteed income until the age of 99 years.
This policy provides the long-term income option under which the insured can reap guaranteed income for a fixed term of 25 to 30 years.
The policyholder can also enjoy additional riders’ options like critical illness plus and Income benefit on accidental disability by paying an additional premium amount. These riders are offered to supplement the main plan benefits provided.
The policyholder can return the policy within 15 days from the date of receipt of the policy if they are not satisfied with the policy terms and conditions.
The tax benefit under this plan is that the premium paid towards this policy is exempt under Section 80C of the Income Tax Act, 1961.
Here’s a look at the details covered under HDFC Life Sanchay Plus Plan:
|HDFC Life Sanchay Plus Plan|
|Insurer Name||HDFC Life Insurance Company Limited|
|Tenure||10, 12 and 20 years|
|Plan Options||• Guaranteed Maturity: Offers guaranteed maturity benefit payable as a lump sum at the end of the policy term.
• Guaranteed Income: Offers guaranteed regular income for a fixed term of 10 or 12 years.
• Lifelong Income: Offers guaranteed regular income up to age 99 years plus the return of premium at the end of the pay-out period.
• Long Term Income: Offers guaranteed regular income for a long term of 25 or 30 years plus the return of premium at the end of the pay-out period.
This plan helps you to be stress-free while dealing with medical contingencies due to sickness and accidental injuries. The plans are available starting from Rs. 2,500 including taxes, with maximum coverage of Rs. 10.5 lakh.
The eligibility criteria for the HDFC Life Sanchay Plus Insurance Plan are as follows:
|Plan Option||Minimum Entry Age (In Years)||Maximum Entry Age (In Years)|
Long Term Income
Long Term Income
The following mandatory documents will be needed to purchase the policy:
Life is uncertain and so are medical emergencies and accidents. We are here to guide you in these tough times and complete your claim processing in a few simple steps.
Documents needed to process reimbursement claim
BFL Helpline Number: 08698010101
HDFC Life Helpline Number: 1800-266-9777
E-mail – firstname.lastname@example.org
Mailing address:Ground Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014
*For claim related issues please refer your policy document or certificate of insurance (COI).
“Bajaj Finance Limited (‘BFL’) is a registered corporate agent of third party insurance products of Bajaj Allianz Life Insurance Company Limited, HDFC Life Insurance Company Limited, Future Generali Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, Tata AIG General Insurance Company Limited, Oriental Insurance Company Limited, Max Bupa Health Insurance Company Limited, Aditya Birla Health Insurance Company Limited and Manipal Cigna Health Insurance Company Limited under the IRDAI composite registration number CA0101.
Please note that BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely on a voluntary basis after your exercise of independent due diligence on the suitability, viability of any insurance product. Any decision to purchase an insurance product is solely at your own risk and responsibility and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. This product provides Life insurance coverage under the product name HDFC Life Sanchay Plus (UIN:101N134V08). Please refer to the insurer's website for Policy Wordings. For more details on risk factors, terms and conditions and exclusions please read the product sales brochure carefully before concluding a sale. Tax benefits applicable if any will be as per the prevailing tax laws. Tax laws are subject to change. BFL does NOT provide Tax/Investment advisory services. Please consult your advisors before proceeding to purchase an insurance product.”HDFC Life Insurance Company Limited (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101.
Registered Office: 13th Floor, Lodha Excelus, Apollo Mills Compound, N. M. Joshi Marg, Mahalaxmi, Mumbai - 400 011. Email: email@example.com, Tel. No: 1860 267 9999 (Mon-Sat 10 am to 7 pm) Local charges apply. Do NOT prefix any country code. e.g. +91 or 00. Website: www.hdfclife.com
The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited.
HDFC Life Sanchay Plus (UIN:101N134V08) is a non-participating, non-linked savings insurance plan. For more details on risk factors, associated terms and conditions and exclusions please read the sales brochure carefully before concluding a sale.