HDFC Life Sanchay Plus is a non-participating traditional life insurance plan. That means the payouts are guaranteed. There is no market risk or risk associated with varying annual bonuses. ... Moreover, it is a deferred payout plan i.e. maturity value is paid over a period of time.

How safe is HDFC Sanchay plus?

The funds are invested in safe bonds — G-Secs and highly-rated corporate bonds. While most guaranteed products from insurers give 4.5-5.5 per cent return, HDFC Life's recently-launched Sanchay Plus promises 6.3 per cent return under two of its plans.

What is Sanchay Plus Plan HDFC?

“HDFC Life Sanchay Plus” is a non-participating, non-linked, savings insurance plan that offers guaranteed returns for you and your family. Features: Guaranteed^ benefits – Rest assured of the returns. Flexibility – Guaranteed^ benefits as regular income. Life Long Income option – Guaranteed^ Income till age 99 years.