Sanchay Par Advantage
vs
Lic Kanyadan Plan

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  • Multiple sum assured options
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Sanchay Par Advantage vs Lic Kanyadan 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...

Lic Kanyadan Plan

(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 Ind...

PLAN DETAILS

Sanchay Par Advantage


Lic Kanyadan Plan

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
  • Limited premium payment term
  • Choice of policy tenure
  • Loan facility
Plan Maturity age Maximum Maturity Age- 100 years Maximum Maturity Age - 50 years
Premium payment term 5,6,7,8,9,10,12 years Policy term minus 3 years
Plan Entry Age Min- 0 years, Max- 65 years Minimum Age - 18 years Maximum Age - 50 years
Sum assured No limit Rs 1 lakhs to No limit
Premium payment frequency Monthly, Quarterly, Half-Yearly or Annually Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 100 minus Age at Entry Minimum term - 13 years Maximum term - 25 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62

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.