Benefits and Features of HDFC Click 2 Protect Plus Plan

Key Features of HDFC Life Click 2 Protect Plus Plan

• HDFC Life Click 2 Protect Plus Plan provides financial assistance to you and your family in case of any uncertainty.

• This plan provides you with comprehensive coverage at a reasonable cost.

• This plan provides you with many cover options including life option, income option, extra life option, and income plus option. You can choose any option as per your requirement.

  • Life option provides a death benefit.

  • Extra life option provides a death benefit and accidental death benefit.

  • In income option, 10% of the death benefit is provided as a lump sum and 90% of the death benefit is provided in the form of income paid on monthly basis over a term of 15 years.

  • On the death of the insured, 100% sum assured is paid in income plus option. In addition to this, 0.5% of sum assured is paid in the form of monthly income for a term of 10 years. The income which is paid on monthly basis can increase at a simple interest rate of 10% p.a. as selected by the insured.

• HDFC Life Click 2 Protect Plus Plan provides you flexibility for the payment of the premium amount.

• Under life option, there is a life stage protection feature available. This feature provides you an opportunity to get your life insurance cover increased on some milestones of your life without providing medicals.

• The insurance cover is provided up to the age of 75 years.

• You are eligible for various tax benefits according to the prevailing tax laws.

• For non-tobacco users, HDFC Life Click 2 Protect Plus Plan has attractive rates of premium.

Note: Know what is term insurance first and then buy a term plan for your loved ones.

Plan Options under HDFC Click 2 Protect Plus

Here is a list of all the plan options available under this plan by HDFC Term Insurance Company:

• Life Option: Under this option, the death benefit will be paid to the nominee in a lump sum on the death of the policyholder during the policy tenure. 

• Extra Life Option: Under this option, the nominee will receive an additional benefit amount on top of the base death benefit in case the policyholder passes away due to an accident.

• Income Option: This option provides 10% of the base sum assured as a lump sum in case of the policyholder’s death during the policy term, and the rest 90% is paid as monthly income for the next 15 years.

• Income Plus Option: In case of the policyholder’s death during the policy term, 100% of the base sum assured will be paid as a lump sum death benefit. On top of that, 0.5% of the base sum assured will be paid as monthly income for the next 10 years, and the monthly income can be chosen to be levelled or increased at 10% as per your needs.

HDFC Life Click 2 Protect Plus Benefits

• Death benefit: The insurance company provides the death benefit to the family or nominees of the policy in case of unfortunate death of the life assured. The death benefit is provided as follows:

  In the case of a single premium policy: The sum assured or 125% of the single premium, whichever is highest, is paid.

  In case of a policy other than a single premium policy: Sum assured or 10 times the annualised premium or 105% of the total premium amount paid as on the date of death, whichever is highest is paid.

  Note: It is suggested to calculate the term plan premium on the term insurance premium calculator online tool by Policybazaar before buying.

• Life stage protection: This feature lets you increase your life coverage when you achieve various milestones in your life. You can increase your sum assured after getting married and on the birth of your first or second child.

• Maturity benefits: No benefit is provided in HDFC Life Click 2 Protect Plus Plan when the policyholder survives till the tenure of the policy.

• Tax Benefits: This term insurance plan offers tax benefits under sections 80C and 10(10D) of the Income Tax Act of 1961.

Eligibility Conditions for HDFC Life Click 2 Protect Plus

Check out the eligibility conditions that you must know about HDFC Life Click 2 Protect Plus Plan:

How To Buy HDFC Term Insurance Plans Online?

Here is how you can buy HDFC term insurance plans from the comfort of your home:

• Step 1: Go to the term insurance page

• Step 2: Fill in the required details like name, gender, DOB, and contact information

• Step 3: Enter your educational qualifications, annual income, occupation type, and smoking habits

• Step 4: Select the most suitable HDFC term insurance plan and proceed to pay

Note: Check out the best term insurance plan in India and choose one that suits your requirements.

Note: You should also check the benefits of term life insurance if you are planning to purchase the term insurance plan.