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Hdfc Life Sanchay Legacy vs Saral Jeevan Bima

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‘HDFC Life Sanchay Legacy, a comprehensive term plan offering early ROP benefits with increasing death cover.’ Most of your prime days are spent working to offer a comfortable life to your loved ones. Right? But occasionally, you have dreamed of leaving behind a legacy for your family so that they can continue with their lives without any hindrances.

For that, HDFC Term Life has launched a term plan- Sanchay Legacy, that ensures 360-degree coverage by covering your whole life and providing flexibility to accelerate your death benefit against 60 critical illnesses.

HDFC Life Sanchay Legacy plan offers you a range of benefits including:

why-choose
  • Affordable premiums
  • Death Benefit
  • Survival Benefit
  • Tax benefits
  • Coverage against critical illnesses
PLAN DETAILS

Hdfc Life Sanchay Legacy


Saral Jeevan Bima

Premium Including GST
Key Features
(Key features of the plan)
  • Increasing death benefit
  • Life cover with no medical test
  • Accelerated death benefit
  • Flexible premiums
  • Additional riders
  • Financial protection
Plan Maturity age Maximum Maturity Age - NA Maximum Maturity Age - 70 years
Plan Sum Assured Base sum assured: 1.25 times the Single Premium Basic Sum Assured: ₹50,000 to no limit.
Plan Entry Age Minimum Age - 40 years Maximum Age - 75 years Minimum Age - 18 years Maximum Age - 65 years
Plan Payment modes NA Single pay, half-yearly, quarterly & monthly
Plan Policy loan The policy loan is available under HDFC Life Sanchay Legacy Plan The policy loan is not available under HDFC Life Saral Jeevan Bima Plan.
Plan Sample Premium Rs 690-/ per month Rs 630/- per month
Plan Brochure Brochure URL Brochure URL
Policy Term Whole Life Minimum term - 10 years Maximum term - 50 years
Claim Settlement Ratio (2023-24) 99.68% 99.68%
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HDFC Term Insurance Plans

HDFC Term Insurance Plans

* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.

Riders

Riders Associated with HDFC Life Sanchay Legacy Plan

You can add the following riders to your HDFC Life Sanchay Legacy Plan:

HDFC Life Income Benefit on Accidental Disability Rider

Under this rider, upon the Accidental Total Permanent Disability, a benefit equal to 1 % of the rider sum assured per month will be payable for the next ten years.

HDFC Life Critical Illness Plus Rider

Under this rider, upon the diagnosis of any listed 19 critical illnesses- a sum assured equal to the rider sum assured will be payable.

HDFC Life Protect Plus Rider

A Benefit equal to the rider sum assured will be payable in case of accidental death or partial/total disability due to an accident.

HDFC Life Health Plus Rider

Under this rider, a lump sum benefit equal to the rider sum is assured upon diagnosing any of the covered 60 Critical Illnesses, such as Stage Cancer / Major Cancer.

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