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Hdfc Life Guaranteed Income Plan vs Lic Jeevan Akshay

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Hdfc Life Guaranteed Income Plan vs Lic Jeevan Akshay

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...

Lic Jeevan Akshay

LIC Jeevan Akshay VI Plan is an immediate annuity pure pension plan for senior citizens provided by one of the top ranked insurance companies in India, Life Insurance Corporation of India (LIC). It is a smart retirement investment plan, a lump sum amount is to be paid to purchase the policy. Under t...

PLAN DETAILS

Hdfc Life Guaranteed Income Plan


Lic Jeevan Akshay

Premium Including GST
Key Features
(Key features of the plan)
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Death Benefits
  • Participation in profits
  • No medical examination
Plan Maturity age Maximum Maturity Age - 65 years Maximum Maturity Age - NA
Premium payment term 8 to 10 years 5 to 20 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 49 years Minimum Age - 25 years Maximum Age - 85 years
Sum assured Minimum - Depends on Monthly Premiums Maximum - No Limit Rs 10 lakh to No limit
Premium payment frequency Annual,Semi-Annual,Monthly,Single Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 16 to 20 years Minimum term - 10 years Maximum term - 20 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62

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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