Hello ashish, have been following ur shows What is the Survival Benefit under Immediate Income option? The policyholder would be eligible to receive Cash Bonus (if declared) at the end of each Policy Year and payable from the 1st policy year until death or end of policy term, whichever is earlier. For eg: if i have taken a policy for rs.100000 ,12 years term and the cash bonus is declared @ 40% here am i going to get rs.40000 @ the end of the term for each year until the policy term? or the cash bonus rates changes every year and ill get the corresponding amount?
Dear Customer, we are here to help you. Kindly share your registered contact details with us at services@hdfcsec.com or customercare@hdfcsec.com. We request you not to share your contact details on the public platform.
One of my family member got this policy just paid 1 premium but know we found person how sale this with wrong commitment...we want to surrender this policy with only one premium...please let us know how much money we will get
Hi, kindly share your query along with your contact details with us at services@hdfcsec.com or customercare@hdfcsec.com. We request you not to share your contact details on the public platform.
Yes. You can be the policy holder and your daughter could be the life to be assured. Meaning, you will pay the premium, be the owner but life insurance cover will be on your daughter's name
Please check the illustration at the end of the policy document. Also, sheet 14 years, the cash bonuses may change. Also, this question is to be asked at the time of buying policy. Did you not ask questions to the agent in detail?
If you invest 1 L a year for 6 years, even to get the principal back, you may have to wait for 26 years. Only from 27th year, you will start realising the profit. Insurance is the only advantage else it is surely not for someone who want decent returns. Besides: The cash bonus varies and it is not a guaranteed income.
Please Do not Buy in Simple words: There is no way out if anyone wants to surrender in between there will be a loss of your principal amount as well so in between way out is a loss and it will be a trap for you
@@coldstone87 🙄 reply is in the context of the comment. And about what you said, the product couples guaranteed income with the cash bonuses in deferred income option. Please calculate the returns again its not mathematically possible for returns to be negative. Also, insurance products should not be assessed only on returns but also on the structure of the plan and the life cover it's providing.
The plan cannot me compared to ppf or mutual fund as the structure of the plan is very different. Do ppf and mf pay you monthly/annual income? Do ppf and mf give you life insurance cover? Etc questions could be asked
@@tanmaychandak8314 Why shouldnt people will not opt for a term insurance which will give a life cover at a cheaper cost. And if we talk about annualised return you can devise a systematic withdrawal plan as well in MF. If your IRR is not beating inflation rate you are losing money. Period. Looks like a bloody insurance agent's ass is burning here!!🤣🤣
@@ritamchatterjee7873 the returns from such products are tax free. Such products are great instruments for tax planning, legacy planning and diversification of wealth. Term plan is a must have product. Having that and investing money in other financial products is also a great combination. Also, I am not an agent. I just understand such products and the value proposition better than you do. It may not be for you and people who are only looking at IRR.
@@ritamchatterjee7873 also, you might take a look at Sanchay FMP or Sanchay Plus products that could fetch you better IRR (tax free returns as of today) + insurance
@@tanmaychandak8314 If I need to go for tax benefit which is 80C , I can opt for ELSS / NPS or EPF .Even Term Insurance can be placed under 80C.If I want to diversify my MF portfolio , I dont need to put all of the money in equity rather can balance it with debt funds.Why will I opt for an endowment plan which neither gives the best of insurance nor the best of return and end of paying extravagant rate of premium. If your investment is not beating inflation rate you are losing money . I dont see it to be a rocket science!!
I m a par customer pays 1 lakh what will be my annual pay out
Hello ashish,
have been following ur shows
What is the Survival Benefit under Immediate Income option?
The policyholder would be eligible to receive Cash Bonus (if declared) at the end of each Policy Year and payable from the 1st policy year until death or end of policy term, whichever is earlier.
For eg: if i have taken a policy for rs.100000 ,12 years term and the cash bonus is declared @ 40%
here am i going to get rs.40000 @ the end of the term for each year until the policy term?
or the cash bonus rates changes every year and ill get the corresponding amount?
Cash bonuses are decaled every year
When and when on which day and month our bonus will be declared
Dear Customer, we are here to help you. Kindly share your registered contact details with us at services@hdfcsec.com or customercare@hdfcsec.com. We request you not to share your contact details on the public platform.
Which option is better immediate income or deferred for better return
deferred income is better because you can get more income in deferred option.
One of my family member got this policy just paid 1 premium but know we found person how sale this with wrong commitment...we want to surrender this policy with only one premium...please let us know how much money we will get
Contact me full information 9318319569
Almost 0
Can I able to procure this plan for my daughter age 5 years? I had angioplasty in 2019.
Hi, kindly share your query along with your contact details with us at services@hdfcsec.com or customercare@hdfcsec.com. We request you not to share your contact details on the public platform.
Yes. You can be the policy holder and your daughter could be the life to be assured. Meaning, you will pay the premium, be the owner but life insurance cover will be on your daughter's name
Sir we started Sanchay par for my son(2 years old) for 2 lac annual premium for 12 yrs what will I get pay out amount at 14th year
Please check the illustration at the end of the policy document. Also, sheet 14 years, the cash bonuses may change. Also, this question is to be asked at the time of buying policy. Did you not ask questions to the agent in detail?
Babaji ka thullu milega isme. Thumhe bevakoof banaya gaya hai.
Jaa kar pehle surrender kardo aur kisi ache MF me us paise ko lagao
Dear sir,I want. to know 1st premium commission which is given by hdfc life,please give. me acknowledge
35%
Bonus is not confirmed @4 or 8%
Can I buy this policy by paying a single premium of 2 lakhs for ages of 12 and 21 years? Each person invests 2 lakhs lump sum
Single premium is not available under this plan.
If you invest 1 L a year for 6 years, even to get the principal back, you may have to wait for 26 years. Only from 27th year, you will start realising the profit. Insurance is the only advantage else it is surely not for someone who want decent returns. Besides: The cash bonus varies and it is not a guaranteed income.
Best plan in world
Please Do not Buy in Simple words: There is no way out if anyone wants to surrender in between there will be a loss of your principal amount as well so in between way out is a loss and it will be a trap for you
This monthly income is not gauranteed income. Note it
Cash bonus is not guaranteed under both options. But guaranteed income is guaranteed under deferred income option
@@tanmaychandak8314 abey returns for guaranteed is -3.5%!
@@coldstone87 🙄 reply is in the context of the comment. And about what you said, the product couples guaranteed income with the cash bonuses in deferred income option. Please calculate the returns again its not mathematically possible for returns to be negative. Also, insurance products should not be assessed only on returns but also on the structure of the plan and the life cover it's providing.
Please refrain . They have IRR of 4.8 to 5 % only . PPF or mutual funds are better option .
The plan cannot me compared to ppf or mutual fund as the structure of the plan is very different. Do ppf and mf pay you monthly/annual income? Do ppf and mf give you life insurance cover? Etc questions could be asked
@@tanmaychandak8314 Why shouldnt people will not opt for a term insurance which will give a life cover at a cheaper cost. And if we talk about annualised return you can devise a systematic withdrawal plan as well in MF. If your IRR is not beating inflation rate you are losing money. Period. Looks like a bloody insurance agent's ass is burning here!!🤣🤣
@@ritamchatterjee7873 the returns from such products are tax free. Such products are great instruments for tax planning, legacy planning and diversification of wealth.
Term plan is a must have product. Having that and investing money in other financial products is also a great combination.
Also, I am not an agent. I just understand such products and the value proposition better than you do.
It may not be for you and people who are only looking at IRR.
@@ritamchatterjee7873 also, you might take a look at Sanchay FMP or Sanchay Plus products that could fetch you better IRR (tax free returns as of today) + insurance
@@tanmaychandak8314 If I need to go for tax benefit which is 80C , I can opt for ELSS / NPS or EPF .Even Term Insurance can be placed under 80C.If I want to diversify my MF portfolio , I dont need to put all of the money in equity rather can balance it with debt funds.Why will I opt for an endowment plan which neither gives the best of insurance nor the best of return and end of paying extravagant rate of premium. If your investment is not beating inflation rate you are losing money . I dont see it to be a rocket science!!
What about the interest for the amount which is paid till end of insurance premium paying term.absolute cheating by hdfc in the name insurance product
Sab se faltu plan
Bhai explain in hindi
FUNNY