Skip to main content

Posts

Showing posts with the label Endowment Plan

HDFC Sanchay Plus - Policy Review

Sid financial services analyze all these plans to length and breadth before recommending them to its customers.  This blog and all upcoming blogs will be a byproduct of the same so that we ensure our customers understand what they are putting their money into.  Every insurance company has its own set of endowment plans which they claim as the best investment or savings plan in the world. In this post, we shall walk you through the aspects of HDFC Sanchay plus a savings cum insurance plan from HDFC life insurance. What is HDFC Sanchay plus basically? HDFC Sanchay plus is an endowment policy offered by HDFC life insurance company that promises guaranteed returns in the form of regular income. HDFC Sanchay plus has 4 plan options namely 1.  Guaranteed Maturity 2.  Guaranteed Income 3. Life-Long Income 4. Long Term Income 1.  Guaranteed Maturity plan In the HDFC life Sanchay plus guaranteed maturity plan, you pay an annual premium per year for 5 years or 6...