I am planning to invest 1 lakh per year (For 5 years) on HDFC Sanchay Plus plan.. this gives around 37500 per year as guaranteed income for 30 years from 6th year.. At the end of 30th year, we will get our investment of 500000. Also insurance coverage of 110% is there for this 30 year period...Your views on this plan?
1 Answers
Hi,
HDFC SL Sanchay Plan is a traditional Endowment Plan.
May I know your investment objective? Is it to get adequate life insurance cover or to get decent return on your investment in long-term?
Do you currently have adequate life cover?
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