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Monthly Income Advantage Plan vs Hdfc Sanchay Plus

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Monthly Income Advantage Plan vs Hdfc Sanchay Plus

Monthly Income Advantage Plan

Axis Max Monthly Income Advantage Plan is a comprehensive plan that offers you dual life Insurance coverage benefits until policy tenure and guaranteed income for a certain duration. You can also avail of riders including term plus rider, accidental death, disability rider, COVID-19 one-year rider, ...

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

Monthly Income Advantage Plan


Hdfc Sanchay Plus

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums
  • Guaranteed Benefits
  • Death Benefits
  • Sample Premium Rates
Plan Uniqueness
  • Guaranteed monthly income
  • Longer coverage
  • Waiver of premiums
  • Guaranteed Benefits
  • Life-Long Income Option
  • Long Term Income Option
Plan Maturity age Maximum Maturity Age - 90 years Maximum Maturity Age - 80 years
Premium payment term 6,8,10,12,15 years 5 to 12 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 55 years Minimum Age - 5 years Maximum Age - 60 years
Sum assured 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 - 16 years Maximum term - 45 years Minimum term - 6 years Maximum term - 20 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 5 year
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Know More About Plans

Axis Max Monthly Income Advantage Plan is a comprehensive plan that offers you dual life Insurance coverage benefits until policy tenure and guaranteed income for a certain duration. You can also avail of riders including term plus rider, accidental death, disability rider, COVID-19 one-year rider, critical illness, and disability rider to enhance overall coverage. You can avail of a sum assured ranging from Rs 54,000 to no upper limit. This plan has 15 plan variants and you can choose the one that best suits your needs.

Axis Max Monthly Income Advantage Plan offers you a range of benefits including:

why-choose
  • Guaranteed monthly income

  • Waiver of future premiums

  • Flexible policy tenure
  • Reduced paid-up value

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