HDFC Life Click to Protect Plus Term Insurance Plan – Comprehensive Protection for Your Family

Wish to financially cover your family at an affordable cost? A term insurance plan is your necessity. Your family needs financial protection in your absence and even if you don’t enjoy the benefits of the term insurance plan, your family would.

Give your family the most valuable financial cover that they would need at the time of your unfortunate death and be prepared for the uncertainties in life.

HDFC Click to protect plus is a term insurance plan in India that offers complete protection for your loved ones at economical prices. Secure your family’s day to day needs by means of the HDFC Life Click 2 Protect Plus Income and Income Plus options. You can choose from a range of coverage, according to your requirements and make the best out of it.

Overview

Entry Age	Minimum - 16 years Maximum – 65 years
Maturity Age	Minimum – 28 years Maximum – 75 years
Policy Term	10-40 years
Premium Payment Term	Limited, Regular or Single options
Premium Payment Modes	Annual, half-yearly, quarterly, monthly
Sum Assured	Rs. 25 Lakhs – No upper limit (subject to satisfactory underwriting)

Features of HDFC Click to Protect Plus

• Comprehensive protection plan for you and your family with a flexibility to select your coverage based on your needs

◦   Life option – Avail lump sum payout as Death benefit, in the unfortunate event of your demise. You also have the option to increase your insurance coverage upon key milestones of your life like marriage, birth of child, etc without any medical test

◦   Extra Life Option – Opt for accidental death benefit in case of death due to accident, where in extra sum assured amount is paid on top of the lump sum payout

◦   Income Option – 10% of Sum assured amount is payable at the time of your death to your family and the remaining amount is disbursed as monthly income for 15 years

◦   Income Plus Option – 100% of sum assured amount is paid on death along with 0.5% sum assured paid in arrears as monthly income for next 10 years. The monthly income can be chosen as fixed or increasing at 10% per annum

• Select the policy term as per your preference ranging from 10 to 40 years and also pay your premium amount through limited – pay premium for chosen policy term less 5 years, single – one time premium or regular options – pay premium for the whole policy term
• You can pay your premiums monthly, annually, half-yearly or quarterly
• Non tobacco users get lower premium rates as rewards for following a healthy lifestyle
• Riders are also available to customize your coverage, based on your needs

◦   Accidental Disability Rider – Offer monthly income of 1% of sum assured amount in case of permanent disability due to accidents for a period of 10 years

◦   Critical Illness Plus Rider - HDFC Click to protect plus provides rider sum assured amount in case you are diagnosed with any of the 19 listed critical illnesses

Advantages of HDFC Click to protect plus

1. Complete protection for family – The HDFC Click to protect plus term insurance plan aims to provide for your family’s needs in the sudden event of your demise, thus easing their financial worries in your absence.

2. Customize your Coverage – Get to choose from a range of coverage options and additional riders to maximize the protection as per your needs and budget.

3. Death Benefit – In the unfortunate event of your demise during the policy term, the nominee of the HDFC Click to protect plus plan, will receive payouts as below.

·         For single premium policies – highest of 125% of single premium amount or Sum Assured amount

·         For other (Regular and Limited Premium) – Highest of 10 times of annual premium amount, 105% of the total premiums paid till death or Sum Assured

·         For Income and Income plus option – Apart from the sum assured amount, monthly income will be disbursed to your family as per the policy terms and conditions

4. Protection for Life Stages – As you achieve different milestones in your life, you have the flexibility to increase your sum assured amount up to 50%.

5. Tax Benefits – Premiums remunerated in this policy are entitled for tax reimbursements under Section 80C.

All in all, the HDFC Click to protect plus term insurance plan ensures that your family gets the utmost protection in your absence. We work very hard for our family and securing the future of the family with an affordable plan like HDFC Click to protect plus is very important.