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Sanchay Par Advantage vs Lic New Endowment

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Sanchay Par Advantage vs Lic New Endowment

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 New Endowment

LIC New Endowment Plan-one of the best policy by LIC India. The LIC New Endowment plan (Plan No: 914) is a must-avail plan considering the many benefits it offers to the customer. It is a non-linked life insurance policy that offers guaranteed returns and bonuses. The policy offers a great bandwidth...

PLAN DETAILS

Sanchay Par Advantage


Lic New Endowment

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
  • Death Benefits
  • Maturity Benefits
  • Survival Benefits
Plan Maturity age Maximum Maturity Age- 100 years Maximum Maturity Age - 75 years
Premium payment term 5,6,7,8,9,10,12 years Same as policy term
Plan Entry Age Min- 0 years, Max- 65 years Minimum Age - 8 years Maximum Age - 55 years
Sum assured No limit Rs 1 lakh 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 - 12 years Maximum term - 35 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62
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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 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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