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Hdfc Life Guaranteed Income Plan vs Canara Hsbc Money Back Advantage Plan

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Hdfc Life Guaranteed Income Plan vs Canara Hsbc Money Back Advantage Plan

Hdfc Life Guaranteed Income Plan

HDFC Life Guaranteed Income Insurance Plan is a non-linked, non-participating life insurance saving plan. It offers a regular income payout for 16 to 20 years and ensures financial protection for your loved ones in case of your unfortunate demise. HDFC Life Guaranteed Income Insurance Plan offers yo...

Canara Hsbc Money Back Advantage Plan

Canara HSBC Money Back Advantage Plan is an individual non-linked linked life insurance cum saving plan. It offers comprehensive benefits of saving and protection in the same plan. This investment plan provides three Guaranteed Money Back at the end of the 5th, 9th, and 13th policy year. It also off...

PLAN DETAILS

Hdfc Life Guaranteed Income Plan


Canara Hsbc Money Back Advantage Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • 3 Guaranteed money back
  • Policy term for 16 years
  • Limited premium paying term
Plan Uniqueness
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Family protection
  • Limited premium paying term
  • Guaranteed sum assured on maturity
Plan Maturity age Maximum Maturity Age - 65 years 71 year
Premium payment term 8 to 10 years 10 year
Plan Entry Age Minimum Age - 18 years Maximum Age - 49 years Minimum- 8 years, Maximum- 55 years
Sum assured Minimum - Depends on Monthly Premiums Maximum - No Limit Minimum- 1 Lac, Maximum- No Limit
Premium payment frequency Annual,Semi-Annual,Monthly,Single Quarterly, Half yearly, Annually
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 16 to 20 years 16 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 0 year

Know More About Plans

HDFC Life Guaranteed Income Insurance Plan is a non-linked, non-participating life insurance saving plan. It offers a regular income payout for 16 to 20 years and ensures financial protection for your loved ones in case of your unfortunate demise.

HDFC Life Guaranteed Income Insurance Plan offers you a range of benefits including:

why-choose
  • Guaranteed income of 11% to 13% per annum
  • Tax Benefits
  • Guaranteed regular income 
  • Guaranteed lump sum on maturity
  • Flexibility
  • Rider protection

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