Sanchay Par Advantage
vs
Lic Pradhan Mantri

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  • Multiple sum assured options
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Sanchay Par Advantage vs Lic Pradhan Mantri

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 Pradhan Mantri

Pradhan Mantri Vaya Vandana Yojana is a single premium payment pension plan. This pension plan offers an option to either choose the amount of pension or the purchase price. The all-new Pradhan Mantri Vaya Vandana Yojana was launched on 4th May 2017. It is a government-subsidized pension scheme that...

PLAN DETAILS

Sanchay Par Advantage


Lic Pradhan Mantri

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
  • Pension Payment
Plan Maturity age Maximum Maturity Age- 100 years Maximum Maturity Age - Whole life
Premium payment term 5,6,7,8,9,10,12 years Depends on the policy tenure
Plan Entry Age Min- 0 years, Max- 65 years Minimum Age - 60 years Maximum Age - No limit
Sum assured No limit N/A
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 10 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.