Protection Solutions

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HDFC Life cLICK2PROTECT LIFE

The HDFC Life Click 2 Protect Life insurance plan offers flexibility and a range of options to cater to different financial protection needs. Policyholders can choose plans that provide life cover, critical illness cover, or a combination of both, with additional benefits like premium waivers and return of premiums. The plan also accommodates different payment terms and frequencies to suit individual financial situations.

KEY BENEFITS

  • Choose from 3 plan options to fit your needs.
  • Benefits for death and critical illness auto-adjust with age.
  • Income payouts begin at age 60 under the Income Plus Option.
  • Whole of Life coverage is available.
  • Return of Premium option refunds all premiums if you survive until maturity.
  • Premiums are waived if diagnosed with a critical illness.
  • Additional sum assured for accidental death.
  • Special premium rates for females and non-tobacco users.

PLAN OPTIONS

LIFE AND CRITICAL ILLNESS REBALANCE

This smart cover aims to balance Death and Critical Illness benefits throughout your life. The Critical Illness cover increases at each policy anniversary, with a corresponding decrease in Life Cover. Additionally, future premiums are waived upon diagnosis of any covered Critical Illness, while the Life Cover continues

LIFE PROTECT

This plan option provides a lump sum payment upon the death of the life assured.

INCOME PLUS

This plan option covers the Life Assured for the entire policy term, offering a lump sum payout at maturity and regular income starting from age 60.

ADDITIONAL BENEFITS

  1. Return of Premium (ROP) Option: Available for Life & CI Rebalance plans, providing 100% of premiums paid as a lump sum upon survival until maturity, with an additional premium required.
  2. Waiver of Premium on CI (WOP CI) Option: Waives future premiums if diagnosed with a critical illness, available for Life Protect Option with Fixed Term and a minimum PPT of 5 years, with an additional premium required.
  3. Accidental Death Benefit (ADB) Option: Pays an additional 100% of Basic Sum Assured upon accidental death during the policy term, available only for Life Protect Option, with an additional premium required.
  4. Alteration of Premium Payment Frequency: Allows you to change the premium payment frequency during the premium payment term without any charge or fee.
  5. Option to Reduce Premium Payment Term from Regular Pay to Limited Pay: Allows conversion of outstanding regular premiums to any limited premium period available under the plan options without any charge or fee.

    HDFC Life cLICK2PROTECT SUPER

    The HDFC Life Click 2 Protect Super insurance plan is a versatile term insurance plan with multiple options to cater to different needs. It provides financial protection along with the flexibility to enhance cover on critical illnesses, total and permanent disability, and accidental death. Additional benefits like Return of Premium and Spouse Cover make it a comprehensive choice for long-term financial security.

    KEY BENEFITS

    • Choose the coverage that suits your needs from three plan options.
    • Get back all premiums paid if you survive till maturity with the Return of Premium^ option.
    • Receive an additional payout in case of accidental death* during the policy term.
    • Accelerated Death Benefit on diagnosis of specified terminal illnesses, available until age 80^.
    • Choose an increasing Death Benefit up to 200% under the Life option.
    • Adjust your Death Benefit according to your needs with the Life Goal option.
    • Waiver of Premium on diagnosis of Critical Illness through the WOP CI option.
    • Waiver of Premium on Total and Permanent Disability through the WOP Disability option.
    • Option to add Additional Cover for Spouse^.
    • Choose to receive the Death Benefit in instalments.

    PLAN OPTIONS

    LIFE 

    Under this option, the life assured is covered for death benefit during the policy term, which can be accelerated in the case of diagnosis of terminal illness.

    LIFE PLUS

    Under this option, the life assured is covered for death benefit, which can be accelerated in the case of diagnosis of terminal ilness. An additional amount will be payable in case of accidental death during policy term.

    LIFE GOAL

    Under this option, the sum assured payable on death would vary with the policy year, in accordance with the ‘Level Cover Period’ and ‘Amortisation Rate’ as chosen by the policyholder.

    ADDITIONAL BENEFITS

    1. Return of Premium (ROP) Option: Receive 100% of premiums paid as a lump sum upon surviving until maturity, available only at policy inception and not for the Life Goal Option.

    2. Waiver of Premium on Critical Illness (WOP CI) Option: Waives future premiums upon diagnosis of a critical illness while maintaining all covers, available only at policy inception and not for Single Pay terms.

    3. Waiver of Premium on Total and Permanent Disability (WOP Disability) Option: Waives future premiums upon total and permanent disability while maintaining all covers, available only at policy inception and not for Single Pay terms.

    4. Spouse Cover Option: Provides death benefit cover for the spouse and waives future premiums upon the life assured’s death, available only at policy inception.

      HDFC Life cLICK2PROTECT ELITE

      HDFC Life Click 2 Protect Elite, a unique term plan that helps you and your family stay truly protected.

      KEY BENEFITS

      • Provides financial protection to your family
      • Get back all premiums paid with Smart Exit Benefit.

      ADDITIONAL BENEFITS

      Death Benefit : A lump sum death benefit is payable if the life assured dies during the policy term, which is the highest of:

      • Basic Sum Assured
      • 10 times the Annualized Premium
      • 105% of Total Premiums Paid

      Definitions :

      • Annualized Premium: Yearly premium amount excluding taxes, rider premiums, and extra premiums.
      • Total Premiums Paid: Sum of all premiums excluding extra premiums, rider premiums, and taxes.
      • Basic Sum Assured: Sum assured chosen by the policyholder.

      Maturity Benefit:

      • No benefit is payable on survival until the end of the policy term.

      Smart Exit Benefit:

      • Option to receive the total premiums paid.
      • Available in any policy year greater than 30, excluding the last 5 policy years.
      • Policy must be in force to exercise this option.

      Revival:

      • Lapsed policies can be revived within 5 years by paying outstanding premiums and interest.
      • Current interest rate for revival: 9.5% p.a., reviewed semi-annually.
      • Once revived, all contractual benefits are restored.

      Riders

      • HDFC Life Income Benefit
        on Accidental Disability Rider
      • HDFC Life Critical Illness Plus Rider
      • HDFC Life Protect Plus Rider
      • HDFC Life Health Plus Rider

      HDFC Life SANCHAY LEGACY

      Ensure your family’s financial security with HDFC Life Sanchay Legacy, a comprehensive plan offering an increasing death cover throughout the policy term to help you leave a lasting legacy.

      KEY BENEFITS

      • Whole Life plan designed to leave a legacy for your family.
      • Two plan options to fit your needs: a. Life Option: Pure term with whole life coverage. b. RoP Option: Early Return of Premium (RoP) benefit at age 85 or in installments.
      • 100% Death benefit acceleration upon diagnosis of 19 covered critical illnesses.
      • Waiver of Premium on diagnosis of Critical Illness (via WOP on CI option).
      • Waiver of Premium on Total and Permanent Disability (via WOP on TPD option).
      • Option to receive Death Benefit in installments.
      • Option to reduce your premiums after 5 years.
      • Enhanced protection available through riders.

      PLAN OPTIONS

      LIFE OPTION

      Provides whole life coverage with death benefit. Death benefit is accelerated upon diagnosis of a covered critical illness.

      ROP OPTION

       Also offers whole life coverage with death benefit and acceleration upon diagnosis of a covered critical illness. Additionally, a survival benefit is paid at the end of the milestone year.

      PLAN BENEFITS

      1. Death Benefit:

        • A lump sum paid upon the life assured’s death during the policy term.
        • Highest of Sum Assured on Death, Accumulated Premium Value, 105% of Total Premiums Paid, or Surrender Value on the date of death.
      2. Maturity Benefit:
        • No maturity benefit is available under this product.
      3. Survival Benefit:
        • Life Option: No survival benefit.
        • RoP Option: Paid upon survival till the end of Milestone Year.
          • RoP at Age 85: 100% of Total Survival Benefit at age 85.
          • RoP in Instalments: 25% of Total Survival Benefit at specific milestones.
      4. Acceleration of Death Benefit:
        • 100% of Death Benefit paid upon diagnosis of any of the 19 covered critical illnesses, available after the 10th policy year or PPT, whichever is later.

      ADDITIONAL BENEFITS

      1. Waiver of Premium on CI (WOP on CIP) Option:

        • Future premiums waived if diagnosed with any of the 60 covered critical illnesses. Life cover and other benefits continue.
        • Available only at policy inception, not for Single Pay, requires additional premium.

      2. Waiver of Premium on Total and Permanent Disability (WOP on TPD) Option:

        • Future premiums waived upon total and permanent disability. Life cover and other benefits continue.
        • Available only at policy inception, not for Single Pay, requires additional premium.

      3. Death Benefit as Instalment Option:

        • Nominee can choose to receive the death benefit in instalments over 5 to 15 years, with the option to convert to a lump sum at any time.

      4. Option to Alter Premium Frequency:

        • Policyholder can change the premium payment frequency during the term.

      5. Option to Decrease Premiums:

        • After five years, premiums can be reduced up to 50%, with a proportional reduction in the Sum Assured on Death.

      Protect Your Loved Ones Today !!!

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