Hdfc Life Guaranteed Income Plan
vs
Smart Value Income Plan

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Hdfc Life Guaranteed Income Plan vs Smart Value Income 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...

Smart Value Income Plan

To Save More, Invest Smartly with the Tata AIA Smart Value Income Plan. Tata AIA Smart Value Income plan, from Tata AIA Life Insurance, is a guaranteed savings plan that helps you build wealth with multiple return options. Under various premium payment terms, you can choose between a whole life cove...

PLAN DETAILS

Hdfc Life Guaranteed Income Plan


Smart Value Income Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Whole Life Cover
  • Life Protect Feature
  • Premium Offset Benefit
Plan Uniqueness
  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
  • Whole Life Cover
  • Life Protect Feature
  • Premium Offset Benefit
Plan Maturity age Maximum Maturity Age - 65 years 100 years
Premium payment term 8 to 10 years 5 to 12 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 49 years Minimum Age - 45 years Maximum Age - 65 years
Sum assured Minimum - Depends on Monthly Premiums Maximum - No Limit Death Benefit Multiple of 10 times Single Premium
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 100 minus Entry Age
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 0 year

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.