Under the 6-year premium payment option, you get life cover for 6 years. HDFC Life Sanchay Par Advantage Plan is a non-linked life insurance policy with participation benefits. The plan is associated with premium payment terms of 5, 8, or 10 years. HDFC Life Sanchay Savings is a non-participating traditional insurance plan that provides you guaranteed benefits and a great level of flexibility to choose your investment goals. You have an option to pay a premium for 5 years or 10 years. The HDFC Life Sanchay Par Advantage is a participating life insurance plan that provides you with an option to take up cover for your entire life (till the age 100). HDFC Life Insurance Company Limited. Insurance is the subject matter of the solicitation. You pay 10 lacs and they paying around 37 lac ( from year 12 to 24 every year 1,08,150 and in the 25th year 1138150. HDFC Life Sanchay Par Advantage: (UIN:101N136V01) is a traditional insurance product offered by HDFC Life. The plan The plan provides a holistic solution for you to generate a regular income and to build a corpus to achieve the planned goals and secure your loved one’s future. A product like HDFC Life Sanchay Par Advantage is an example of innovative . design-thinking, customer centricity and value creation. It’s bound to get confused there. It ensures lifelong regular income to the holder of the policy along with the flexibility of the option of pay-out and cover for a whole life. Aim of the plan HDFC Life Sanchay Par Advantage is a participating life insurance plan that provides an option to avail cover for whole of life (till the age 100 years). HDFC Life Sanchay Plus – In Brief. This policy comes with a Grace Period of 15 days and 30 days for monthly frequency of premium payment and the grace period and for other frequencies of premium payment respectively. We are happy to announce that this latest product offers a unique combination of immediate income along with financial protection. HDFC Life Sanchay Plus plan is a non-linked policy that is insulated from market investment risks and assures guaranteed returns. ARN: EC/06/2017/9856. The name/letters 'HDFC' in the name/logo of the company belongs to Housing Development Finance Corporation Limited and is used by HDFC Life under a licence/agreement ... associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale. Ramesh, 35 year old individual, pays premium of ` 1,15,5154 annually for 5 years in the HDFC Life Sanchay. HDFC Life Sanchay plus- long term income says on paying 1 lac per annum till 10 policy year they will pay Guaranteed 1,08,150 every year for 25 years after policy term of 11 year. HDFC Life Sanchay Par Advantage. He chooses a policy term of 15 years. Variant 4: HDFC Life Sanchay Plus: Life Long Income Option. His Sum Assured on Maturity in the plan is ` 5,00,000. The customer also has the flexibility to choose a policy term ranging from 15 to 25 years. 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