HDFC Life’s Click2Protect Plus – Features, Benefits & Review

HDFC has always been the choice of consumers, especially when it comes to purchasing competitively priced term insurance. With this plan, you can protect yourself and your loved ones against any kind of uncertainties of life. Variety of cover options are available with HDFC click to protect plus from which consumers can chose an appropriate one depending on their choice. Once you have opted for these policies, you can be sure of protecting your family’s requirements even after death.

Features of HDFC Life click2protect plus

Some of the key features of HDFC click to protect plus has been listed below;

1.      Entry age: 
Minimum age is 18 years while maximum age is 65 years. Hence, insured can take the policy well in time and ensure that his family is insured for life, no matter what.

2.      Payment of premiums: 
There are three payment options available with consumers, i.e. regular pay, limited pay or single pay. In regular pay one is required to pay premium throughout the policy term, while in limited pay premium is paid for a definite term which is less than 5 years.

3.      Sum assured: 
Minimum of 25 lakhs can be insured, with no definite limit set to the maximum amount.

4.      Duration of cover: The duration of HDFC click to protect plus varies from 10 to 40 years, which means insured can avail the policy while he starts earning and continue for maximum 40 years to collect a good amount for their family.

Benefits of HDFC life plus plan

HDFC Click to protect plus can be purchased using online website of the company. While purchasing this option, one of the essential benefits that can be availed by insured is he has the freedom to choose options of disbursement. Following are the options available with insured;

1.      Life option: 
A definite sum is assured at the time of death

2.      Extra life option: 
Double the amount of sum is assured on accidental death of insured

3.      Income option: 
Herein 10% of sum assured is paid in lump sum. While rest of the 90% is distributed over 15 years and paid out evenly each month.

4.      Income Plus option: 
On the event of death, 100% of sum assured is paid to loved ones or family members of deceased. Then, 0.5% of sum assured is paid out as monthly installments for a period of 10 years. Such monthly payments can increase 10% p.a. or can remain levelled for life.

5.      Life stage protection feature: 
This option can be availed if you have chosen life option. Herein insured is given the chance to increase the cover at key stages of your life like marriage, first child and second child.

Review of HDFC Life insurance plan

If we compare HDFC life insurance plan in terms of premium, then it is one of the most affordable plans to opt for. Hence individuals from all over the world, who have budget constraints, can preferably opt for this policy. Once the option has been chosen, insured also have the option of doubling the sum insured on the event of death. If in case, the insured meets with an accident, then on payment of extra premium the money gets 200% of the sum assured. 

But if in case, insured is of the opinion that his family needs monthly income then he can even opt for income option wherein his family will be given certain amount monthly, such that expense of family can be easily managed for life. Thus, considering varied benefits available with HDFC Click to protect plus it is one of the most preferred options to opt for and give a good life to family members even after your death.