Hdfc Life Guaranteed Income Plan
vs
Lic New Endowment

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Hdfc Life Guaranteed Income Plan vs Lic New Endowment

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 New Endowment

LIC New Endowment Plan-one of the best policy by LIC India. The LIC New Endowment plan (Plan No: 914) is a must-avail plan considering the many benefits it offers to the customer. It is a non-linked life insurance policy that offers guaranteed returns and bonuses. The policy offers a great bandwidth...

PLAN DETAILS

Hdfc Life Guaranteed Income Plan


Lic New Endowment

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
  • Maturity Benefits
  • Survival Benefits
Plan Maturity age Maximum Maturity Age - 65 years Maximum Maturity Age - 75 years
Premium payment term 8 to 10 years Same as policy term
Plan Entry Age Minimum Age - 18 years Maximum Age - 49 years Minimum Age - 8 years Maximum Age - 55 years
Sum assured Minimum - Depends on Monthly Premiums Maximum - No Limit Rs 1 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 - 12 years Maximum term - 35 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62

Know More About Plans

Overview

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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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.