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Lic New Jeevan Anand vs Hdfc Sanchay Plus

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Lic New Jeevan Anand vs Hdfc Sanchay Plus

Lic New Jeevan Anand

LIC New Jeevan Anand is a participating non-linked plan providing a combination of both protection and savings. The plan offers financial protection against death throughout the lifetime of the policyholder with the provision of payment of a lump sum at the end of the selected policy term in case of...

Hdfc Sanchay Plus

It is important to achieve the personal milestones that you have planned for your future to maintain life. But these milestones usually come along with added responsibilities, expenses, and the financial burden of unfortunate events. It is essential to have the proper financial security to achieve h...

PLAN DETAILS

Lic New Jeevan Anand


Hdfc Sanchay Plus

Premium Including GST
Key Features
(Key features of the plan)
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
  • Guaranteed Benefits
  • Death Benefits
  • Sample Premium Rates
Plan Uniqueness
  • Death Benefits
  • Maturity Benefits
  • Policy Loan
  • Guaranteed Benefits
  • Life-Long Income Option
  • Long Term Income Option
Plan Maturity age Maximum Maturity Age - 75 years Maximum Maturity Age - 80 years
Premium payment term - 5 to 12 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 50 years Minimum Age - 5 years Maximum Age - 60 years
Sum assured Rs 1 lakh to No limit 105% of the Total Premium Paid
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure Minimum term - 15 years Maximum term - 35 years Minimum term - 6 years Maximum term - 20 years
Claim Settlement Ratio (2023-24) 98.62 Minimum Age - 5 year
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Know More About Plans

LIC New Jeevan Anand is a participating non-linked plan providing a combination of both protection and savings. The plan offers financial protection against death throughout the lifetime of the policyholder with the provision of payment of a lump sum at the end of the selected policy term in case of his/her survival.

It also takes care of liquidity needs with the loan facility. The plan is there to provide the needful financial support to the family members in case of the demise of the insured.

Moreover, the plan also comes with the survival benefit wherein if the policyholder survives till the end of the policy term, the plan will give a lump sum amount as a survival benefit.

LIC New Jeevan Anand Plan offers you a range of benefits including:

why-choose
  • Death Benefits
  • Policy Loan
  • Rider benefits
  • High sum assured rebates
  • Maturity Benefits

Other Life Insurance Companies

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