Lic Kanyadan Plan vs Hdfc Pro Growth Plus

(A Perfect Gift For Your Beloved Daughter)

LIC Kanyadan policy is the perfect financial coverage for your daughter with a very low premium. Unlike other plans, this is a unique plan that organizes a backup fund for the future expenses of your daughter in support of her marriage and education.

In India, when a girl child is born in a family, the first thing that bothers the family most is her education and marriage expenses. But now LIC has launched a plan which is really a great relief for the families by providing them with financial assistance in raising their daughters. You can read the ‘Kanyadan Policy’ details in Hindi also to know how the plan is designed as a combination of some researched plans so that it gives maximum profit and meets the basic requirements.

LIC Kanyadan Plan offers you a range of benefits including:

• Limited premium payment term
• Disability rider
• Death benefits
• Maturity benefits

• Tax benefits
• Choice of sum assured

HDFC Life ProGrowth Plus is a unit-linked insurance and regular premium plan where the premium is invested in the market, thus providing good returns along with various benefits. This plan offers the flexibility to choose investment funds and regular premiums. The company invests your regular premium and tidal amount of premium allocation charges in the selected fund in the proper proportion as per the policyholder’s specifications. At the end of the policy term, an accumulated amount of funds will be received. In case of an unfortunate death event of the life assured during the policy period, the nominee will be eligible to receive the fund amount or greater sum assured.

In simple words, HDFC Life ProGrowth Plus is a savings-cum-insurance plan that allows the policyholders to create their own investment strategies as well as provide a life cover.

HDFC Life ProGrowth plan comes with a variety of features and benefits, which are designed to provide financial protection to the assured family members when he/she is no longer around. Continue reading to explore more about the plan

HDFC Life ProGrowth Plus Plan offers you a range of benefits including:

• Choice of plan option
• Switching
• Redirection of Premium

• Tax Benefits
• Smooth and convenient premium paying process
• Flexibility to plan your investment strategy