HDFC Life Insurance
HDFC Life Insurance Click 2 Protect Life Plan

HDFC Life Click 2 Protect Life

It makes sense to keep up with the times in a world that is growing quickly if you don’t want to feel left behind. It is even more important to keep protected and secure your family’s future against any uncertainties that life may offer in light of shifting priorities and changing lifestyles. In keeping with the times, HDFC Life is pleased to introduce Click 2 Protect Life, an intelligent term plan that offers benefits to your changing lifestyle and life stage demands and aids in keeping you covered.

The plan offers three plan alternatives, including Life & CI balance, Life Protect, and Income Plus, from which you can select the insurance that best suits your needs. Additionally, if you choose the Return of Premium option, you’ll probably get all of your premium payments returned if you live to maturity. In addition to a death benefit, you can choose optional add-ons, known as riders, to offer extra protection for particular circumstances such as a critical sickness or a catastrophic accidental impairment.

Read on to know the HDFC Life Click 2 Protect Life insurance policy in detail.

Eligibility Criteria

Here’s the eligibility criteria for HDFC Life Click 2 Protect Life.

Parameters

Life & CI

Rebalance

Life ProtectIncome Plus
  Fixed TermWhole LifeFixed TermWhole Life
Min. Age at Entry18 years18 years45 Years30 Years45 Years
Max. Age at Entry65 years

65 years for non-PoS

60 years for PoS

65 years50 years

10 Pay: 50 years

Single Pay,

5 Pay: 55 years

Min. Age at Maturity28 years

18 years for Non-PoS

23 years for PoS

Whole of Life70 yearsWhole of Life
Max. Age at Maturity75 years

85 years for non-PoS

65 years for PoS

Whole of Life85 yearsWhole of Life
Min. Policy Term10 years

Single Pay:

1 month for Non-PoS

5 years for PoS

Regular Pay: 5 years

Limited Pay: 6 years

Whole of Life

70 years –

Age at Entry

Whole of Life
Max. Policy Term30 years

85 years – Age at

Entry for non-PoS

65 years – Age at

Entry for PoS

Whole of Life40 yearsWhole of Life
Premium Payment Term

Single Pay, Regular Pay, Limited Pay

(5 to any PPT less than PT)

Limited Pay

(5, 10, 15 pay)

Single Pay, Limited Pay (5, 10 pay)
Min. Basic Sum AssuredRs.20,000Rs. 50,000
Max. Basic Sum AssuredNo limit, subject to Board Approved Underwriting Policy (BAUP)

Important Information HDFC Life Click 2 Protect Life

Here is the list of the important information about HDFC Life Click 2 Protect Life

Death Bene­fit

· Sum Assured on Death

· 105% of Total Premiums Paid

Survival BenefitAvailable
Open Heart Replacement or Repair of Heart ValvesAvailable
4. Kidney Failure Requiring Regular DialysisAvailable
Major Organ/ Bone Marrow TransplantAvailable
Coronary Artery Bypass Graft (Open, Keyhole, or minimally invasive or Robotic Cardiac CABG)Available
Multiple Sclerosis with persisting symptomsAvailable
Motor Neuron Disease with Permanent SymptomsAvailable
Benign Brain TumorAvailable
BlindnessAvailable
DeafnessAvailable
End-stage lung failureAvailable
Loss of SpeechAvailable
Loss of LimbsAvailable
Alzheimer’s DiseaseAvailable
Aplastic AnaemiaAvailable
Medullary Cystic Kidney DiseaseAvailable
Parkinson’s DiseaseAvailable
Systemic Lupus Erythematosus (SLE) with LupusAvailable
CardiomyopathyAvailable
Muscular dystrophyAvailable
PoliomyelitisAvailable
PneumonectomyAvailable

Features and Benefits of HDFC Life Click 2 Protect Life

The following are the features and benefits of HDFC Life Click 2 Protect Life.

  1. Tax benefi­ts: The fact that HDFC Life Click 2 Protect Life gives tax advantages is one of its greatest advantages. According to the relevant parts of the Income Tax Act, 1961, as modified from time to time, premiums paid by a person or HUF under this plan and the benefits received from this insurance may be eligible for tax benefits.
  1. Coverage Duration: This plan gives you a cover till the age of 85, unlike other plans where you can buy the cover for a maximum age of 60 to 65 years. As a result, you can continue to profit from the cover even after retiring.
  1. Claim Payout Option: The HDFC Life Click 2 Protect Life insurance plan has the disadvantage of not allowing you to choose how your family will receive the claim payment. You will therefore be forced to choose the lump sum claim payout option, which will credit your nominee’s bank account with the whole claim amount all at once.
  1. Premium Payment Options: The HDFC Click 2 Protect Plus Plan’s ability to give the insured person payment flexibility is a key feature. The insured has three payment options for the premium: one-time, monthly, and recurring.
  1. Premium Channels: The plan offers monthly, quarterly, half-yearly, and annual premium payment frequencies; you can choose whichever is most convenient for you.

What is Not Covered Under HDFC Life Click 2 Protect Life?

The HDFC Click 2 Protect Plus Plan’s ability to give the insured person payment flexibility is a key feature. The insured has three payment options for the premium: one-time, monthly, and recurring.

  • Premium Channels: The plan offers monthly, quarterly, half-yearly, and annual premium payment frequencies; you can choose whichever is most convenient for you.
  • Any pre-existing disease, which includes any disorder, illness, wound, or illness:
    1. a) That is/are diagnosed by a doctor within 48 months of the insurer issuing the insurance or its reinstatement,
    2. b) For whom a physician suggested or received medical advice or treatment within 48 months of the insurer’s issuance of the policy or its reinstatement.
  • Any disease or condition caused by an exterior congenital abnormality that has developed or was identified before the insured turns 18 years old. Whenever a congenital aberration in the visible and accessible areas of the body is caused by an external congenital sickness or defect.
  • The insured person’s willful self-inflicted injury or attempted suicide, whether they were sane or not at the time.
  • Being under the influence of drugs, alcohol, narcotics, or psychiatric substances without a registered medical practitioner’s prescription is life-threatening.
  • Any action or activity carried out underwater or underground. racing of any form besides running
  • Any sexually transmitted diseases that may exist (STD)
  • The Life Assured has postponed medical treatment to get around the waiting period or other terms and conditions governing this policy by refusing to seek or heed medical advice.
  • Nuclear reaction, radioactive, chemical, or biological contamination brought on by a nuclear accident.
  • Any procedure performed on a donor to replace an organ;

Frequently Asked Questions

Here is the list of the frequently asked questions related to HDFC Life Click 2 Protect Life.

All benefits under the policy will end once the grace period has passed if the policyholder stops paying the premium. The insurance will expire with no value.

Waiver of premium upon diagnosis of a critical illness is a built-in feature of the Life & CI Rebalance option. Additionally, this plan option provides a lump sum payment for the treatment of critical sickness.

Yes, an Accidental Death Benefit (ADB) add-on option is a possible supplementary benefit. If you select this add-on option, the Nominee will receive an additional sum equal to 100% of the Basic Sum Assured in the event of your passing due to an accident during the policy term. Only in cases where the Life Protect Choice has been chosen will this option be available. If this add-on option is selected, an extra premium is due.

Additionally, you are free to convert any remaining regular Premiums into any restricted Premium Period offered by the Plan Options.

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