Sanchay Par Advantage
vs
Axis Max Life Smart Wealth Plan

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Sanchay Par Advantage vs Axis Max Life Smart Wealth Plan

Sanchay Par Advantage

Secure Lifelong Income with Whole Life Cover Sign Up for HDFC Life Sanchay Par Advantage Plan Today.  HDFC Life Sanchay Par Advantage, from HDFC Life Insurance, is a participating life insurance plan that provides the whole life cover up to age of 100 years. It offers a regular income stream, h...

Axis Max Life Smart Wealth Plan

Axis Max Life Smart Wealth Income Plan is a combination of insurance and savings that protects your loved ones financially in your absence and guarantees survival returns. This plan comes underneath four plan options and you can choose the one that best suits your needs. Axis Max Life Smart Wealth I...

PLAN DETAILS

Sanchay Par Advantage


Axis Max Life Smart Wealth Plan

Premium Including GST
Key Features
(Key features of the plan)
  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus
  • Guaranteed maturity benefits
  • Guaranteed additions
  • Joint life option
Plan Uniqueness
  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus
  • Maturity returns
  • Death benefit
  • Guaranteed additions
Plan Maturity age Maximum Maturity Age- 100 years 85 years
Premium payment term 5,6,7,8,9,10,12 years Based on the policy term
Plan Entry Age Min- 0 years, Max- 65 years Min- 91 days, Max- 59 years
Sum assured No limit No Limit
Premium payment frequency Monthly, Quarterly, Half-Yearly or Annually Monthly, Quarterly, Half-yearly, and Yearly
Plan Sample Premium - Minimum - Rs 943 (Monthly), Maximum - No limit
Plan Brochure Brochure URL Brochure URL
Policy tenure 100 minus Age at Entry 6 to 20 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

Overview

Secure Lifelong Income with Whole Life Cover Sign Up for HDFC Life Sanchay Par Advantage Plan Today. 

HDFC Life Sanchay Par Advantage, from HDFC Life Insurance, is a participating life insurance plan that provides the whole life cover up to age of 100 years. It offers a regular income stream, helps you to build wealth for retirement, and financially protects your family without any compromises.

It offers two plan options, allowing policyholders to select the benefit level based on their future goals. With this plan, you'll get a cash bonus based on the insurer's profits at the end of each financial year. Even the plan offers flexibility in selecting survival benefit payout options.

HDFC Life Sanchay Par Advantage Plan offers you a range of benefits including:

why-choose
  • Guaranteed Benefits
  • Tax Benefits
  • Flexibility
  • Two policy options
  • Long-term income option
  • Additional riders

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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.