{"uin":"101N134V27","name":"HDFC Life Sanchay Plus - - Guaranteed Maturity Option","url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27","insurer":{"slug":"hdfc-life-insurance","name":"HDFC Life Insurance Company Limited","url":"https://indiainsurances.com/insurer/hdfc-life-insurance"},"line":"life","category":"savings-life","category_name":"Endowment and savings plans","irdai_type":null,"kind":"product","status":"active","approved_on":null,"withdrawn_on":null,"summary":"HDFC Life Sanchay Plus is an individual non-participating non-linked savings life insurance policy with Guaranteed Maturity, Guaranteed Income, Long Term Income and Life Long Income options. It provides guaranteed lump sum or income benefits depending on the option, a 30-day free-look period and a 15-day monthly or 30-day other grace period.","analysis":{"state":"machine","analysed_at":"2026-10-20 00:47:50.440068+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"quote-verified","value":["Guaranteed Maturity","Guaranteed Income","Long Term Income","Life Long Income"],"display":"Guaranteed Maturity; Guaranteed Income; Long Term Income; Life Long Income","note":null,"quote":"Plan Option | Guaranteed Maturity ... Plan Option | Guaranteed Income ... Plan Option | Long Term Income ... Plan Option | Life Long Income","sources":[{"clause":null,"heading":"POLICY SCHEDULE Policy number: <<>> Client ID: <<>> Policyholder Details","page":3,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-policy-schedule-policy-number-client-id-policyho"},{"clause":null,"heading":"POLICY SCHEDULE Policy number: <<>> Client ID: <<>> Policyholder Details","page":3,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7249#c-policy-schedule-policy-number-client-id-policyho"},{"clause":null,"heading":"Policy Details","page":3,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7251#c-policy-details"},{"clause":null,"heading":"POLICY SCHEDULE Policy number: <<>> Client ID: <<>> Policyholder Details","page":3,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7253#c-policy-schedule-policy-number-client-id-policyho"}],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"not-stated","value":null,"display":null,"note":"The policy schedule has a placeholder for Policy Term, but the generic wording does not state the available policy-term range.","quote":null,"sources":[],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"Death claims must be intimated within 90 days from the date of death. The insurer may condone delay if the claim is genuine and the delay is proved to be beyond the claimant's control.","display":"Within 90 days from the date of death; delay may be condoned for genuine claims beyond claimant’s control","note":null,"quote":"The claim is required to be intimated to us within a period of 90 days from the date of death. However, we may condone the delay in claim intimation, if any, where the claim is genuine and the delay is proved to be for reasons beyond the control of the claimant.","sources":[{"clause":"3","heading":"Claim Procedure","page":14,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-3-4"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["Original Policy Document","NEFT mandate / discharge voucher","NEFT supporting","KYC documents","Completed claim form, (including NEFT details and bank account proof as specified in the claim form)","Original Policy","Original or copy Death Certificate issued by Municipal Authority/ Gram Panchayat / Tehsildar (attested by issuing authority)","Claimant’s identity and residence proof","Original or copy of First Information Report, Police Panchnama report attested by Police authorities","Original or copy of Postmortem report attested by Hospital authority"],"display":"Maturity: original policy, NEFT mandate/discharge voucher, NEFT supporting and KYC documents. Death: claim form, original policy, death certificate, claimant ID/residence proof, plus FIR/Panchnama and postmortem report for unnatural death.","note":"The insurer may ask for further documents depending on the circumstances of the death.","quote":"Basic documentation for maturity claims:\na) Original Policy Document\nb) NEFT mandate / discharge voucher\nc) NEFT supporting\nd) KYC documents ... Basic documentation if death is due to Natural Cause:\na) Completed claim form, (including NEFT details and bank account proof as specified in the claim form);\nb) Original Policy;\nc) Original or copy Death Certificate issued by Municipal Authority/ Gram Panchayat / Tehsildar (attested by issuing authority);\nd) Claimant’s identity and residence proof. ... Basic documentation if death is due to Un-Natural Cause:\na) Completed claim form, (including NEFT details and bank account proof as specified in the claim form);\nb) Original Policy;\nc) Original or copy Death Certificate issued by Municipal Authority/ Gram Panchayat / Tehsildar (attested by issuing authority);\nd) Claimant’s identity and residence proof.\ne) Original or copy of First Information Report, Police Panchnama report attested by Police authorities; and\nf) Original or copy of Postmortem report attested by Hospital authority.","sources":[{"clause":"3","heading":"Claim Procedure","page":14,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-3-4"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["death due to suicide within 12 months","No Benefits shall be payable under a lapsed Policy","Fraud and misrepresentation"],"display":"Suicide within 12 months pays the special suicide benefit; no benefits under a lapsed policy; fraud and misrepresentation are dealt with under Section 45.","note":null,"quote":"In case of death due to suicide within 12 months from the Risk Commencement Date under the policy or from the date of revival of the policy, as applicable, the nominee or beneficiary of the policyholder shall be entitled to at least 80% of the total premiums paid till the date of death or the surrender value available as on the date of death whichever is higher, provided the policy is in force. ... No Benefits shall be payable under a lapsed Policy. ... Fraud and misrepresentation would be dealt with in accordance with provisions of Section 45 of the Insurance Act 1938 as amended from time to time.","sources":[{"clause":"1","heading":"Suicide Exclusions","page":14,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-5"},{"clause":"2","heading":"Lapsed Policies and Paid-Up policies","page":10,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-2-3"},{"clause":"7","heading":"Incorrect Information and Non-Disclosure","page":16,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-7-2"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"First contact any HDFC Life touchpoint or write to the Grievance Redressal Officer. If there is no response within prescribed timelines or you are not satisfied, follow the escalation matrix to Customer Relations before approaching IRDAI or the Insurance Ombudsman.","display":"Contact HDFC Life touchpoints or Grievance Redressal Officer first; then escalate to Customer Relations levels if no response or unsatisfied.","note":null,"quote":"The customer can contact us at any of our touchpoints or write to us at the below mentioned address in case of any complaint/ grievance:\nGrievance Redressal Officer HDFC Life Insurance Company Limited 11th Floor, Lodha Excelus, Apollo Mills Compound, ... The following is the escalation matrix in case there is no response within the prescribed timelines or if you are not satisfied with the response.","sources":[{"clause":"Part G(i)","heading":null,"page":24,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-part-g-i"},{"clause":"Part G(x)","heading":null,"page":24,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-part-g-x"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"sum_assured","label":"Sum assured","section":"Cover","meaning":"The minimum and maximum life cover, or the rule that sets it (for example 10 times the annual premium).","status":"quote-verified","value":"Sum Assured is the applicable Death Benefit Multiple times the Annualized or Single Premium. The applicable Death Benefit Multiples are specified in Appendix 2 and are based on entry age and the Annualized or Single Premium committed in a policy year.","display":"Applicable Death Benefit Multiple × Annualized/Single Premium","note":"The wording does not state a rupee minimum or maximum.","quote":"Sum Assured shall be equal to the applicable Death Benefit Multiple times the Annualized/Single Premium. The applicable Death Benefit Multiples are as specified in Appendix 2. ... Sum Assured will be determined based on your entry age and the Annualized Premium you commit to pay in a policy year.","sources":[{"clause":"1(d)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-d"},{"clause":null,"heading":"Guaranteed Surrender Value (GSV) Factor for Accrued Guaranteed Additions is 30%","page":20,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-guaranteed-surrender-value-gsv-factor-for-accrue"}],"law":[]},{"key":"death_benefit","label":"Death benefit","section":"Cover","meaning":"What your family gets if you die during the term, and how it is calculated.","status":"quote-verified","value":"For Guaranteed Maturity, death benefit during the policy term is accrued Guaranteed Additions plus Sum Assured on Death, where Sum Assured on Death is the highest of 10 times annualized premium or 1.25 times single premium, 105% of total premiums paid, Guaranteed Sum Assured on Maturity, or the Sum Assured. For the income options, Sum Assured on Death is the highest of the same items plus premiums paid accumulated at 5% p.a. compounded annually.","display":"Guaranteed Maturity: accrued Guaranteed Additions plus Sum Assured on Death. Income options: Sum Assured on Death, including a 5% p.a. accumulated-premiums floor.","note":"On payment of death benefit during the policy term, the policy terminates and no further benefits are payable.","quote":"On death of the Life Assured during the Policy Term and provided all Premiums which have fallen due have been paid, the Death Benefit payable shall be equal to the accrued Guaranteed Additions plus Sum Assured on Death which is the highest of: ... a) 10 times the Annualized Premium or 1.25 times the Single Premium, or ... b) 105% of Total Premiums paid, or ... c) Guaranteed Sum Assured on Maturity, or ... d) an absolute amount assured to be paid on death, which is equal to the Sum Assured as specified in the Policy Schedule. ... On death of the Life Assured during the Policy Term and provided all Premiums which have fallen due have been paid, the Death Benefit payable shall be equal to Sum Assured on Death which is highest of:\na) 10 times the Annualized Premium or 1.25 times the Single Premium, or\nb) 105% of Total Premiums paid, or\nc) Premiums paid accumulated at an interest of 5% p.a. compounded annually, or\nd) Guaranteed Sum Assured on Maturity, or\ne) an absolute amount assured to be paid on death","sources":[{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-2"},{"clause":"1(a)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-a"},{"clause":"1(b)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-b"},{"clause":"1(c)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-c"},{"clause":"1(d)","heading":null,"page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-d"},{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7249#c-1-2"}],"law":[]},{"key":"maturity_benefit","label":"Maturity benefit","section":"Cover","meaning":"What you get if you survive to the end of the term.","status":"quote-verified","value":"Guaranteed Maturity pays a lump sum equal to Sum Assured on Maturity plus accrued Guaranteed Additions. Guaranteed Income pays Guaranteed Income for 10 or 12 years; Long Term Income pays Guaranteed Income for 25 or 30 years and returns Total Premiums paid at the end of the payout period; Life Long Income pays Guaranteed Income until age 99 and returns Total Premiums paid at the end of the payout period.","display":"Guaranteed Maturity lump sum; Guaranteed Income for 10 or 12 years; Long Term Income for 25 or 30 years with return of premiums; Life Long Income until age 99 with return of premiums.","note":null,"quote":"the Maturity Benefit payable shall be a lump sum amount equal to the Sum Assured on Maturity plus accrued Guaranteed Additions ... Maturity Benefit will be paid as Guaranteed Income for the fixed term of 10 or 12 years starting from (Policy Term + 1)th year ... Maturity Benefit will be paid as Guaranteed Income for the fixed term of 25 or 30 years starting from (Policy Term + 1)th year ... At the end of the Payout Period, the Policy terminates by returning the Total Premiums paid. ... Maturity Benefit will be paid as Guaranteed Income starting from (Policy Term + 1)th year till the individual attains age 99 years ... At the end of the Payout Period, the Policy terminates by returning the Total Premiums paid.","sources":[{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-2"},{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7249#c-1-2"},{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7251#c-1-2"},{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7253#c-1-2"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"not-stated","value":null,"display":null,"note":"The policy schedule has a placeholder for Premium Paying Term, but the generic wording does not state the available premium-paying-term options.","quote":null,"sources":[],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"quote-verified","value":"If death is due to suicide within 12 months from risk commencement or revival, the nominee or beneficiary gets at least 80% of total premiums paid till death or the surrender value available on the date of death, whichever is higher, provided the policy is in force.","display":"Within 12 months: at least 80% of total premiums paid or surrender value, whichever is higher, if in force.","note":null,"quote":"In case of death due to suicide within 12 months from the Risk Commencement Date under the policy or from the date of revival of the policy, as applicable, the nominee or beneficiary of the policyholder shall be entitled to at least 80% of the total premiums paid till the date of death or the surrender value available as on the date of death whichever is higher, provided the policy is in force.","sources":[{"clause":"1","heading":"Suicide Exclusions","page":14,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-5"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 21","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 35","url":"https://indiainsurances.com/law/irdai-life-products-2024"}]},{"key":"surrender","label":"Surrender value","section":"Renewal and rights","meaning":"What you get if you stop the policy early, and from when.","status":"quote-verified","value":"The policyholder may surrender during the policy term. Surrender benefit is the higher of Guaranteed Surrender Value and Special Surrender Value; GSV is acquired immediately on payment of single premium and after at least the first two years’ premiums for limited or regular premium policies.","display":"Higher of GSV and SSV; GSV immediately for single premium and after first two years’ premiums for limited/regular premium.","note":"On payment of surrender benefit, the policy terminates and all other benefits cease.","quote":"The Policyholder may surrender the policy during the Policy Term. The Surrender Benefit will be higher of GSV (Guaranteed Surrender Value) and SSV (Special Surrender Value).\n(1) Guaranteed Surrender Value (“GSV”)\na) The Policy will acquire a GSV immediately on the payment of Single Premium and upon the payment of at least first two years’ premiums in case of a Limited / Regular Premium Policy.","sources":[{"clause":"1","heading":"Surrender Value","page":10,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-3"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.1 to 26.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.4 and 26.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 27","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.16 and 1.17","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(1) to (3)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(4) and (5)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(6) to (9)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)(c)(V)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"paid_up","label":"Paid-up value","section":"Renewal and rights","meaning":"What cover continues if you stop paying premiums after a few years.","status":"quote-verified","value":"For limited or regular premium policies, if premium remains unpaid after the grace period and the policy has acquired surrender value, the policy becomes reduced paid-up. Maturity and death payouts are multiplied by the ratio of premiums paid to premiums payable; no future Guaranteed Additions accrue in the Guaranteed Maturity option.","display":"Reduced paid-up after grace period if surrender value acquired; benefits reduced by premiums paid / premiums payable.","note":"For single premium policies, lapsed and paid-up provisions are not applicable.","quote":"If any due Premium is unpaid upon the expiry of the grace period and your Policy has acquired a Surrender Value, your Policy’s status will be altered to reduced paid-up. (5) Once the Policy becomes reduced paid-up, the maturity and death benefit payouts shall be computed by multiplying the death/maturity payouts as specified in Part C by the ratio of the Premiums paid to the Premiums payable under the Policy. No further Guaranteed Additions shall accrue in the future.","sources":[{"clause":"2","heading":"Lapsed Policies and Paid-Up policies","page":10,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-2-3"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"quote-verified","value":"A discontinued policy can be revived by paying all premiums due and other charges or late fee during the revival period, subject to insurability. The application for revival should currently be made within five years from the due date of the first unpaid premium and before policy expiry.","display":"Within five years from the due date of the first unpaid Premium and before expiry of the Policy Term.","note":"The current revival interest rate stated is 9.5% p.a., subject to the formula in the policy.","quote":"If your Policy has been discontinued due to the non-payment of Premium, it would be revived /restored by the Insurer with all the benefits mentioned in the Policy document, with or without rider benefits, if any, upon the receipt of all the Premiums due and other charges/late fee, if any, during the revival period ... Currently, the application for the revival should be made within five years from the due date of the first unpaid Premium and before the expiry of the Policy Term.","sources":[{"clause":"3","heading":"Revival of the Policy","page":11,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-3-3"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.7","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.10","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.28","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.39","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"policy_loan","label":"Policy loan","section":"Renewal and rights","meaning":"Whether you can borrow against the policy.","status":"quote-verified","value":"Policy loans are available during the policy term, subject to the company’s terms. The current maximum loan is 80% of surrender value and the current loan interest rate is 9.5% p.a.; loan outstanding and interest are deducted before benefits are paid.","display":"Available during Policy Term; maximum 80% of surrender value; current interest 9.5% p.a.","note":"An in-force or fully paid-up policy shall not be foreclosed for non-repayment of loan.","quote":"Policy loans will be available during the Policy Term subject to such terms and conditions as the Company may specify from time to time. Our current terms and conditions are stated below:\n• The loan amount will be subject to a maximum of 80% of the surrender value.\n• The current interest rate on loan is 9.5% p.a. ... Before any Benefits are paid out, loan outstanding together with the interest thereon will be deducted and the balance amount will be payable","sources":[{"clause":"5(a)","heading":null,"page":11,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-5-a"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"not-stated","value":null,"display":null,"note":"The policy schedule contains blank rider-detail fields but does not name any available riders.","quote":null,"sources":[],"law":[]},{"key":"section45","label":"Claims after 3 years (Section 45)","section":"Claims","meaning":"After 3 years a life policy cannot be questioned on any ground, and only for fraud with proof before that.","status":"quote-verified","value":"No life insurance policy can be called in question on any ground after expiry of 3 yrs from the later of policy issuance, commencement of risk, revival or rider date. Within 3 years, it may be called in question on fraud, or on material misstatement or suppression, with written communication of the grounds and materials.","display":"After 3 yrs, no questioning on any ground; within 3 years, fraud or material misstatement grounds require written communication.","note":null,"quote":"No Policy of Life Insurance shall be called in question on any ground whatsoever after expiry of 3 yrs from\na) the date of issuance of policy or\nb) the date of commencement of risk or\nc) the date of revival of policy or\nd) the date of rider to the policy whichever is later. ... On the ground of fraud, a policy of Life Insurance may be called in question within 3 years ... For this, the insurer should communicate in writing to the insured or legal representative or nominee or assignees of insured, as applicable, mentioning the ground and materials on which such decision is based. ... Life insurance Policy can be called in question within 3 years on the ground that any statement of or suppression of a fact material to expectancy of life of the insured was incorrectly made","sources":[{"clause":"1","heading":"No Policy of Life Insurance shall be called in question on any ground whatsoever after","page":35,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-7"},{"clause":"2","heading":null,"page":35,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-2-7"},{"clause":"6","heading":"Life insurance Policy can be called in question within 3 years on the ground that any","page":35,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-6-5"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 45","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.6","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"tax_note","label":"Tax note in the document","section":"Premium","meaning":"What the document says about tax benefits. Not stated when it only says taxes are charged on the premium. Tax law changes; confirm separately.","status":"quote-verified","value":"The sales brochure says tax benefits are subject to the Income Tax Act, 1961 and tax laws may change. It describes deductions under Section 80C on premiums and tax exemption under Section 10(10D) on maturity proceeds and income payouts.","display":"Tax benefits subject to Income Tax Act, 1961; brochure mentions Section 80C and Section 10(10D).","note":"From the sales brochure.","quote":"Tax benefits are subject to provisions as per Income Tax Act, 1961. Tax laws are subject to change from time to time. ... On Premiums: Avail deductions under Section 80C of the Income\nor Regular Income (for lifestyle needs). | Tax Act, 1961. ... On Payouts: Maturity proceeds and income payouts are\neven lifelong (till age 99). | tax-exempt under Section 10(10D) of the Income Tax Act, 1961.","sources":[{"clause":"2","heading":null,"page":3,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7351#c-2"},{"clause":null,"heading":"Key Benefits","page":2,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7351#c-key-benefits"}],"law":[]},{"key":"free_look","label":"Free-look period","section":"Renewal and rights","meaning":"Days after you receive the policy in which you can return it for a refund if you do not agree with its terms.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days","note":"Refund is subject to deduction of proportionate risk premium, medical examination expenses, if any, and stamp duty charges.","quote":"the Policyholder has an option to return the Policy to the Company stating the reasons thereof, within 30 days from the date of receipt of the Policy whether received electronically or otherwise.","sources":[{"clause":"6","heading":"Free Look Cancellation","page":12,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-6-2"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 5","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(1), 20(2)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, II.8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grace_period","label":"Grace period","section":"Renewal and rights","meaning":"Days you get after the due date to pay without losing cover or continuity.","status":"quote-verified","value":{"unit":"days","amount":15},"display":"15 days for monthly; 30 days for quarterly/half-yearly/annual","note":"Not applicable for Single Premium.","quote":"Grace period is not applicable for Single Premium. The grace period of 15 days (where the premium is paid on a monthly basis) and 30 days (where the premium is paid in quarterly/half-yearly/annual basis) is available on the premium due date, to pay the premium.","sources":[{"clause":"3","heading":"Payment and cessation of Premiums","page":9,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-3-2"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 8","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 9","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 8","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.2","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 1.3","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"eligibility_entry_age","label":"Entry age","section":"Eligibility","meaning":"The youngest and oldest age at which you can buy this policy.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"premium_modes","label":"Premium payment options","section":"Premium","meaning":"How often you can pay: yearly, half-yearly, quarterly, monthly.","status":"quote-verified","value":["yearly","half-yearly","quarterly","monthly"],"display":"yearly, half-yearly, quarterly or monthly","note":"The policy schedule also includes Single for single premium policies.","quote":"Premiums under the Policy can be paid on yearly, half-yearly, quarterly or monthly basis as per the chosen Frequency of Premium Payment and as set out in the Policy Schedule or as amended subsequently.","sources":[{"clause":"3","heading":"Payment and cessation of Premiums","page":9,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-3-2"}],"law":[]},{"key":"premium_type","label":"Premium payment type","section":"Premium","meaning":"Single premium, regular premium (every year of the term) or limited premium (fewer years than the term).","status":"quote-verified","value":["Single Premium","Limited Premium","Regular Premium"],"display":"Single Premium; Limited Premium; Regular Premium","note":null,"quote":"The Policy will acquire a GSV immediately on the payment of Single Premium and upon the payment of at least first two years’ premiums in case of a Limited / Regular Premium Policy.","sources":[{"clause":"1","heading":"Surrender Value","page":10,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-3"}],"law":[]},{"key":"guaranteed_benefits","label":"Guaranteed benefits","section":"Cover","meaning":"What is guaranteed, in rupees or as a formula, regardless of the insurer's performance.","status":"quote-verified","value":"Guaranteed Maturity guarantees Sum Assured on Maturity plus accrued Guaranteed Additions. Guaranteed Income, Long Term Income and Life Long Income guarantee income payments as stated in the policy schedule; Long Term Income and Life Long Income also return Total Premiums paid at the end of the payout period.","display":"Guaranteed lump sum or guaranteed income, depending on option; Long Term and Life Long options return Total Premiums paid at payout end.","note":"All such benefits require payment of all premiums which have fallen due.","quote":"the Maturity Benefit payable shall be a lump sum amount equal to the Sum Assured on Maturity plus accrued Guaranteed Additions ... the Maturity Benefit payable shall be Guaranteed Income on Maturity payable at the end of each Income Payout Frequency as provided under the Policy Schedule, during the Payout Period as mentioned in the Policy Schedule. ... At the end of the Payout Period, the Policy terminates by returning the Total Premiums paid. ... Maturity Benefit will be paid as Guaranteed Income starting from (Policy Term + 1)th year till the individual attains age 99 years","sources":[{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-2"},{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7249#c-1-2"},{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7251#c-1-2"},{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7253#c-1-2"}],"law":[]},{"key":"bonus","label":"Bonus type","section":"Cover","meaning":"Participating plans share profits as bonuses; these are NOT guaranteed.","status":"quote-verified","value":"No bonus or profit share is stated. The policy is non-participating and non-par policies are not entitled to any share in surplus profits during the policy term.","display":"No bonus; non-participating/non-par, with no share in surplus profits.","note":null,"quote":"Your Policy is an individual non-participating non-linked savings life insurance policy. ... Non-par products or products without participation in profits - means products where polices are not entitled for any share in surplus (profits) during the term of the policy.","sources":[{"clause":null,"heading":"Unique Identification Number: <<101N134V27>>","page":3,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-unique-identification-number-101n134v27"},{"clause":"18","heading":"Non-par products or products without participation in profits","page":7,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-18"}],"law":[]},{"key":"illustration_returns","label":"Illustrated returns","section":"Cover","meaning":"The benefit illustration at the IRDAI rates (4% and 8%); not a promise.","status":"not-stated","value":null,"display":null,"note":"The provided documents do not state benefit illustrations at IRDAI 4% and 8% rates.","quote":null,"sources":[],"law":[]},{"key":"money_back","label":"Survival or money-back payouts","section":"Cover","meaning":"Instalments paid during the term.","status":"quote-verified","value":"The Guaranteed Maturity option pays a lump sum at the end of the policy term, not instalments during the policy term. The income options pay Guaranteed Income starting from (Policy Term + 1)th year during their payout periods, so the stated instalments begin after the policy term.","display":"No stated instalments during the policy term; income options start from (Policy Term + 1)th year.","note":null,"quote":"On survival of the Life Assured till the end of the Policy Term and provided all Premiums which have fallen due have been paid, the Maturity Benefit payable shall be a lump sum amount equal to the Sum Assured on Maturity plus accrued Guaranteed Additions ... Maturity Benefit will be paid as Guaranteed Income for the fixed term of 10 or 12 years starting from (Policy Term + 1)th year ... Maturity Benefit will be paid as Guaranteed Income for the fixed term of 25 or 30 years starting from (Policy Term + 1)th year ... Maturity Benefit will be paid as Guaranteed Income starting from (Policy Term + 1)th year till the individual attains age 99 years","sources":[{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7247#c-1-2"},{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7249#c-1-2"},{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7251#c-1-2"},{"clause":"1","heading":"Benefits","page":8,"url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7253#c-1-2"}],"law":[]}],"documents":[{"kind":"wording","label":"HDFC Life Sanchay Plus - 101N134V29 - Guaranteed Maturity Option - 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101N134V27 - Long Term Income Option - Policy Document","pages":32,"fetched_at":"2026-10-17 19:48:47+00","source_url":"https://www.hdfclife.com/content/dam/hdfclifeinsurancecompany/customer-services/policy-documents-pdf/savings-and-investment-withdrawn/HDFC-Life-Sanchay-Plus-101N134V27-Long-Term-Income-Option-Policy-Document.pdf","url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7251"},{"kind":"wording","label":"HDFC Life Sanchay Plus - 101N134V27 - Life Long Income Option - Policy Document","pages":32,"fetched_at":"2026-10-17 19:48:53+00","source_url":"https://www.hdfclife.com/content/dam/hdfclifeinsurancecompany/customer-services/policy-documents-pdf/savings-and-investment-withdrawn/HDFC-Life-Sanchay-Plus-101N134V27-Life-Long-Income-Option-Policy-Document.pdf","url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7253"},{"kind":"brochure","label":"sanchay plus leaflet","pages":3,"fetched_at":"2026-10-17 19:53:49+00","source_url":"https://www.hdfclife.com/content/dam/hdfclifeinsurancecompany/products-page/leaflet-pdf/sanchay-plus-leaflet.pdf","url":"https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27/document/7351"}],"versions":[{"uin":"101N134V29","version":null,"approved_on":null},{"uin":"101N134V27","version":null,"approved_on":null}],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"HDFC Life Insurance official website","url":"https://www.hdfclife.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claims","url":"https://www.hdfclife.com/claims","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal","url":"https://www.hdfclife.com/customer-service/grievance-redressal","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"HDFC Life Sanchay Plus - - Guaranteed Maturity Option (UIN 101N134V27), IndiaInsurances, https://indiainsurances.com/policy/hdfc-life-insurance/hdfc-life-sanchay-plus-guaranteed-maturity-option-101n134v27"}