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Sanchay Par Advantage vs Lic Bima Bachat

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Sanchay Par Advantage vs Lic Bima Bachat

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 whole life cover up to the age of 100 years. It offers a regular income stream, helps...

Lic Bima Bachat

The LIC Bima Bachat Plan (Plan No: 916) is a single premium participating endowment policy designed for individuals who prioritize financial security and savings. It functions as a traditional cash-back plan, offering scheduled payments along with the return of the entire premium and loyalty additio...

PLAN DETAILS

Sanchay Par Advantage

Lic Bima Bachat
Premium Including GST
Key Features
(Key features of the plan)
  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • 5.5% Guaranteed Additions
  • Three In-built Riders
  • Annual/Terminal Bonus
  • Single premium cash back plan
  • Survival benefits
  • Loyalty Additions
Plan Maturity age Maximum Maturity Age - 100 years Maximum Maturity Age - 75 years
Premium payment term 5,6,7,8,9,10,12 years 9 to 15 years
Plan Entry Age Min- 0 years, Max- 65 years Minimum Age - 15 years, Maximum Age - 66 years
Sum assured No limit Rs 35,000 to No limit
Premium payment frequency Monthly, Quarterly, Half-Yearly or Annually Single Premium Only
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 100 minus Age at Entry 9,12, 15 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%
Recommended Videos
HDFC Life Sanchay Par Advantage FULL REVIEW | HDFC Life Sanchay Par Advantage | HDFC Life Insurance

HDFC Life Sanchay Par Advantage FULL REVIEW | HDFC Life Sanchay Par Advantage | HDFC Life Insurance

Know More About Plans

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 whole life cover up to the age of 100 years. It offers a regular income stream, helps you 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. The plan also offers flexibility in selecting survival benefit payout options. HDFC Life Sanchay Par Advantage Plan offers a range of benefits including: * Guaranteed Benefits * Tax Benefits * Flexibility * Two policy options * Long-term income option * Additional riders

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