HDFC Life Click2 Protect Plan

Introduction/Overview

HDFC Life Click 2 Protect is a traditional Term insurance plan available online providing high coverages at very low rates

Key Features

• It is a pure term insurance plan with Regular premium paying options
• Easy and hassle-free application process

Benefits

• On death of the policyholder, the Sum Assured is paid to the nominee
• Income tax benefit on the premium paid as per Section 80C and on the claims received as per Section 10(10D) of the Income Tax Act.

Product Specification:

Details About Premium

Annual premium in Rupees for a policy term of 25 years:

Policy Details

Grace Period: 30 days grace period is allowed for payment of premium

Policy Termination or Surrender Benefit: the policy has no Surrender Value

Free Look Period: If you would not be pleased with the coverage, and terms and conditions of the policy, you have the option of canceling the policy within 30 days of receipt of the policy documents, provided there has been no claim.

Exclusions

• In case of suicide committed within 12 months of policy inception or revival only 80% of premiums paid are returned to the nominee.

Documents Required

Policyholder has to fill up an ‘Application form/ proposal form’ online and provide self-attested copies of KYC/AML Documents.