During this festive season, HDFC Life is offering a new-age, feature-packed product, HDFC Life Sanchay Fixed Maturity Plan. This plan guarantees the achievement of fixed financial goals.
HDFC Life Sanchay Fixed Maturity Plan is a non-linked, non-participating, individual savings plan, designed to provide guaranteed returns in the form of a lumpsum benefit. The plan offers individuals the flexibility to choose between single pay, limited pay or regular pay options. There are more than 500 premium payment term and policy term combinations available in this plan that enable customers to align the policy term with their goals
India has a large population of individuals across various age groups who seek financial products that are a one-time investment, offering guaranteed returns along with liquidity. HDFC Life Sanchay Fixed Maturity Plan’s Single Pay variant is designed for such customers.
The introduction of the feature offering flexibility in terms of liquidity along with fixed guaranteed returns makes Sanchay Fixed Maturity Plan an attractive option in the life insurance product space. The guaranteed returns combined with liquidity and life cover along with tax benefit (if opted for 10 x life cover option) make for a strong customer proposition.