HDFC LIFE Click 2 Protect Plus

Moreover, as per the HDFC LIFE Click 2 Protect Plus reviews, one can also offer attractive tax benefits on paid premiums that would prove worthwhile.

Key Features of HDFC Life Click 2 Protect Plus 

Here are the key features of HDFC Life Click 2 Protect Plus: 

• The plan offers comprehensive life coverage at low premium rates

• Provides financial security to you and your loved ones 

• You can customize your policy with the different cover options: 

  • Life option: This option pays the lump sum amount on the policyholder’s death 

  • Extra Life Option: The additional lump sum amount is payable on death due to an accident

  • Income Option: This option pays a small part of the sum assured amount on death with the remaining payable as monthly income for over 15 years. 

  • Income plus option: In this, the sum assured amount is paid to the nominee in case of the death of the policyholder and also provides a monthly income to the loved ones for over 10 years. A monthly income equivalent to 0.5 percent of the SA becomes payable for a term of 10 years. The monthly income can be increasing or level at 10 percent per year on each policy year. 

• Cover towards this plan is available up to 75 years of age 

• Flexibility to choose from single, limited and regular premium payment 

• Low premium rates for non-smokers or tobacco users 

• Get tax benefits as per prevailing Income tax laws 

Product Specifications 

Benefits of HDFC LIFE Click 2 Protect Plus Policy

HDFC Life Click2Protect Plus Policy comes with a wide array of benefits to offer to its buyers. The key benefits offered by HDFC Life Click2Protect Plus policy are as follows:

• Death Benefit: A death benefit is payable to the beneficiary of the plan in all four plan options offered by HDFC LIFE Click 2 Protect Plus. This benefit is payable only if the death of the life assured occurs during the active policy status. The nominee will receive the highest of: 

  • For Single premium policies 

    • 125 percent of single premium 

    • Sum Assured 

  • Other than Single Premium Policies 

    • 10X of annual premium 

    • 105 percent of all the premiums that are paid as of the death date 

    • Sum Assured 

• Maturity Benefit: No maturity benefit is payable upon survival till the end of the policy tenure. 

• Life Stage Protection: This is available under the Life option upon the payment of an extra premium. With this life protection feature, a policyholder can: 

  • Increase cover i.e., sum assured 

  • Decrease the extra cover later which leads to a proportional reduction in the future premium amounts. 

• Surrender Benefits: A surrender value is payable under HDFC LIFE Click 2 Protect Plus policy if the policyholder decides to surrender his/her policy. In the case of the Single Premium option, the surrender value is accrued immediately after the payment of the premium. For the Limited Pay option, the value is accrued after the completion of payment of premiums for two full consecutive policy years.

• Tax Benefits: Tax benefits may be availed by the life assured on the paid premiums as per the Income Tax Act, 1961. It is advisable to consult a tax advisor to know more.

* Tax benefit is subject to changes in tax laws

The Premiums for HDFC LIFE Click 2 Protect Plus Policy

The HDFC LIFE Click 2 Protect Plus premium is available to be paid in various modes like Yearly, Half-Yearly, Quarterly, Monthly, and Single. The premium depends on the sum assured chosen by the policyholder, and the minimum annualized premium must be Rs. 2,376. There is no upper ceiling set on the annualized premium. The life assured can pay this premium in any frequencies available, like Single Pay, Regular Pay, and Limited Pay.

To calculate future premiums, one can use the HDFC LIFE Click 2 Protect Plus calculator.

Additional Riders for HDFC LIFE Click 2 Protect Plus

The HDFC LIFE Click 2 Protect Plus plan offers the following additional riders to enhance the base policy coverage:

• HDFC Life Income Benefit on Accidental Life Critical Illness Plus Rider

• HDFC Life Critical Illness Plus Rider.

Eligibility for HDFC LIFE Click 2 Protect Plus

The following eligibility criteria must be followed to buy this plan:

• The minimum entry age of the policyholder must be 18 years

• The maximum entry age of the policyholder must be 65 years

What are the Documents Required to Buy this Policy?

To know about the details regarding documents required to buy online HDFC LIFE Click 2 Protect Plus, download the official brochure of the plan, or directly do any of the given steps:

• Visit the official website of the insurer

• Call on 1800-266-9777 (toll-free)

How to Buy this Plan Online?

One can easily buy HDFC LIFE Click 2 Protect Plus plan from the official website of the insurer by following any of the given ways:

• Speak to certified insurance experts on 1800-258-5970

• Opt for instant call back/ give a missed call on 1800-208-8787

• Email at care@policybazaar.com

Exclusions of HDFC LIFE Click 2 Protect Plus

In case the life assured’s death occurs due to suicide within 12 months from the inception/revival of the policy, then the beneficiary is entitled to receive 80% of the total paid HDFC LIFE Click 2 Protect Plus premium or the accrued surrender value, whichever applicable, as available on the date of death.

**All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

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