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Hdfc Guaranteed Wealth Plus vs Sbi Life New Smart Samriddhi

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Hdfc Guaranteed Wealth Plus vs Sbi Life New Smart Samriddhi

Hdfc Guaranteed Wealth Plus

'A plan that helps you save for your future goals.' The insurance market is filled with several insurance products, each with its unique benefits. If you are looking for a plan that offers financial protection to your family in your absence and guaranteed income benefits on survival, then consider '...

Sbi Life New Smart Samriddhi

SBI Life Smart Samriddhi Plan is a fusion of an insurance plan and a savings plan. This SBI plan offers life coverage throughout the policy tenure along with maturity benefits, which range from 143% to 229% of annual premiums, in exchange for limited-term premium payments. Along with dual benefits, ...

PLAN DETAILS

Hdfc Guaranteed Wealth Plus


Sbi Life New Smart Samriddhi

Premium Including GST
Key Features
(Key features of the plan)
  • Dual Benefits
  • Guaranteed Income
  • Lump Sum and Income Variant
  • Limited Premium Payment
  • No Medical Test Required
  • Annual Guaranteed Additions
Plan Uniqueness
  • Dual Benefits
  • Guaranteed Income
  • Lump Sum and Income Variant
  • Participation in Profits
  • Waiver of Premiums
  • Tax Benefits
Plan Maturity age Maximum Maturity Age - 103 years Maximum Maturity Age: 65 years
Premium payment term Premium Payment Options: Single Pay, Limited Pay (5, 6, 7, 8, 10, and 12 years) Same as the policy term
Plan Entry Age Entry Age: Minimum - 12 years, Maximum - 60 years Minimum Entry Age: 30 days, Maximum Entry Age: 50 Years
Sum assured NA Minimum sum assured: 65,000 Maximum sum assured: 10,18,000
Premium payment frequency Premium Payment Frequency: Monthly, Half-yearly, and Yearly Monthly,Yearly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 12 to 43 years 12,15 and 20 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

'A plan that helps you save for your future goals.'

The insurance market is filled with several insurance products, each with its unique benefits. If you are looking for a plan that offers financial protection to your family in your absence and guaranteed income benefits on survival, then consider 'HDFC Life Guaranteed Wealth Plus'.

HDFC Life Guaranteed Wealth Plus is a non-participating, non-linked savings life insurance plan. This plan offers a range of benefits, including return of premiums, survival benefits, guaranteed income benefits, guaranteed surrender value, policy loans, and policy revival. It helps you save a lump sum amount to fulfill your future goals and provides a grace period to avoid penalties for missed premium payments. The plan comes in two variants: the Lump Sum variant and the Income variant.

HDFC Guaranteed Wealth Plus Plan offers a range of benefits:

  • Guaranteed Income Benefits
  • Tax Benefits
  • Surrender Value
  • Policy loans
  • Policy revivals
  • Return of premiums

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