This Diwali, HDFC Life is offering a new-age, feature-packed product, HDFC Life Sanchay Fixed Maturity Plan. The plan is a non-linked, non-participating, individual savings plan, designed to provide guaranteed returns in the form of a lumpsum benefit and guarantees achievement of fixed financial goals.
HDFC Life Sanchay Fixed Maturity 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.
Customers can purchase this plan singly or jointly and also opt for the life cover of their choice that can be 1.25 times or 10 times the annual premium. Speaking on the launch, Srinivasan Parthasarathy – Chief Actuary, HDFC Life, said, “Customers are looking for products that offer flexibility and can be customized to meet their needs. Keeping these requirements in mind we have launched our latest product.”
