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Saving for your long term goals? Do it the right way

September 12, 2022

Savings are the first step towards growing your wealth. Setting accurate financial goals across time frames is essential to ensure you achieve your long-term goals. Saving in a systematic manner with a correct savings insurance plan can help a great deal in accomplishing your long-term goals. However, it is vital to handle your resources properly and establish the discipline to put aside a fixed amount of your salary into savings and investments to fetch better returns in the future.

Selecting the right long-term savings plan can be a bit tedious. But a good savings plan can help fulfil your dreams by providing enough financial corpus for a rainy day. Picking the correct long-term savings plan is crucial to ensuring the success of your investment and achieving your financial goals. It has the potential to provide long-term financial security to you and your family.

The savings plans from HDFC Life come with a specific maturity time so that you can plan ahead in the best way possible. One such plan is the HDFC Life Sanchay Plus saving plan which helps safeguard your loved one's financial future. So, choose the HDFC Life Sanchay Plus savings insurance plan to live life the way you want. It is a non-linked, non-participating savings plan that provides life cover to secure your family's future and guaranteed benefits payout. It has 4 variants so you can select the one that aligns with your financial goals.

Guaranteed Maturity - At the end of the policy term, the maturity amount is paid as a lump sum to the policyholder.
Guaranteed income - In this variant, the maturity benefits are paid in form of guaranteed income for a specified period after the completion of the policy term.
Life-Long income - As the name suggests, the policyholder is paid maturity benefits in the form of fixed income till the age of 99 years once the policy term ends
Long Term Income - Just like the Guaranteed income variant, the maturity benefits are paid for a fixed period after the completion of the policy term. The only difference is that the payout tenure is longer.

HDFC Life’s Behind The Journey series showcases the amazing success stories of everyday heroes. From earning INR 150 per day to employing 160 people and delivering lectures around the world. Jai Prakash’s inspiring journey seems straight out of a film script. He moved to Delhi at the young age of 17 to earn bread for his family in Bihar. He started his journey digging through garbage for recyclables for INR 150 per day. Today, he makes over 11 lakhs per month and employs over 160 people in his wastage segregation plants. You can also ensure that you live the life you want to by choosing the right savings plans.

ARN: ED/05/22/28997

Francis Rodrigues

Written By:

Vishal Subharwal

Reviewed By:

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Disclaimer

HDFC Life Sanchay Plus (UIN: 101N134V14) is a non-participating, non-linked savings insurance plan. Life Insurance Coverage is available in this product.

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