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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:
Min- 0 years, Max- 65 years
Maximum Maturity Age- 100 years
100 minus Age at Entry
5,6,7,8,9,10,12 years
Monthly, Quarterly, Half-Yearly or Annually
No limit
Let's understand how the HDFC Life Sanchay Par Advantage works with a simple premium illustration.
Mr. Verma is looking for an investment plan to create long-term wealth to fulfil his financial goals.
His financial advisor advised him to buy the HDFC Life Sanchay Par Advantage. He visited PolicyX.com
Let's understand how the HDFC Life Sanchay Par Advantage works for him with a premium illustration table.
Age of policyholder | Annual Premiums | Premium payment tenure | Sum Assured | Maturity Benefits |
35 years | Rs 1,00,000 | 10 years | Rs 10,00,000 | Rs 17,74,400 |
Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 17,74,400 are paid to the policyholder.
Here are some features of HDFC Sanchay Par Advantage:
It offers two plan options, allowing policyholders to select the benefit level based on their future goals.
Under this plan, you can partially or fully withdraw the accrued Cash Bonuses (if declared) / Guaranteed Income at any point during the policy term.
The plan comes with two add-on riders: Accidental Disability Rider and Critical Illness Plus Rider.
Secure a tax-free guaranteed income along with a cash bonus (if declared) for a fixed period.
Secure Lifelong Income with Whole Life Cover Sign Up for HDFC Life Sanchay Par Advantage Plan Today. HDFC Life Sanchay Par Advantage, from HDFC ...
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There are various benefits to buying the HDFC Life Sanchay Par Advantage. Let’s understand each of them in detail:
Here is the list of documents required to buy the HDFC Life Sanchay Par Advantage:
Photo ID Proof (either of one) - Passport, Aadhaar card, PAN card, Driving license.
Age Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Address Proof (either of one) - Utility bill, passport, voter ID, ration card.
Medical Records of the policyholder if requested.
Income Proof ( either of one) - bank statement, last three months' salary slips (if you are salaried).
You can buy the HDFC Sanchay Par Advantage official website or one of their nearest branch offices.
Visit the official website of PolicyX.com.
Click on the ‘Investment’ tab.
A new page will appear on the screen.
Fill out the form at the top of the page with the necessary details.
Select your income and city. Click on 'Proceed'.
Update your education and occupation details.
Choose your preferred plan and click on 'Buy this plan'.
Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Visit the official website of HDFC Life Insurance.
Hover over the 'Investment Plans' from the top of the menu.
Click on the 'HDFC Life Sanchay Par Advantage Plan'.
Click on ‘Buy Now’ and you will be redirected to a new page.
Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.
Once discussed you can make the premium payment and get the policy documents.
You can buy the HDFC Life Sanchay Par Advantage Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.
What’s Good Here | What’s Missing |
Plan options | Guaranteed Addition |
Cash Bonuses | No High Sum Assured Rebate |
Guaranteed Death Benefit | No Auto Cover Continuance |
Deferral of Survival Benefits | No Partial Withdrawals |
HDFC Life Sanchay Par Advantage is a participating life insurance plan that provides up to 100 years of coverage. It is specially designed to serve your unique financial needs in the later years of your life. To know more about this plan's features, you can contact our insurance experts anytime.
HDFC Sanchay Par Advantage Plan is a participating life insurance plan that provides an option to avail coverage for the whole of life and build a corpus for retirement.
HDFC Sanchay Par Advantage Plan offers interim or terminal bonuses at the end of each year.
HDFC Life has a claim settlement ratio of 99.39% over the fiscal year 2022-2023.
The plan includes 2 add-on riders to enhance your base life cover: Accidental Disability Rider and Critical Illness Plus Rider.
The plan offers two plan options, allowing policyholders to select the benefit level based on their future goals: Immediate Income and Deferred Income.
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February 5, 2023
Asia/Kolkata
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