HDFC Term Insurance Covers COVID-19 Claim

Currently, the rapidly increasing cases of COVID-19 has become a matter of grave concern for our nation. As the country is struggling to deal with the growing impact of this virus, it is extremely crucial for us to prepare ourselves against any type of unfavourable situation. Having a term insurance policy is one of the solutions to protect yourself and your family against any type of unfortunate event.

However, the common concern that most of the policy buyers these days have is whether the term insurance policy provides coverage against death due to COVID-19 and can an individual purchase a term plan after contracting the virus.

Further in this article, we have specifically discussed HDFC term insurance for coronavirus and does it provide coverage for COVID-19 or not.

What Does COVID-19 Term Insurance Imply?

India is currently witnessing an enormous rise in the number of cases, with the second wave of coronavirus has hit the people hard, at this point, it is best to stay home and avoid going out of the respective homes unnecessarily.

During this time, the HDFC term insurance for coronavirus ensures life protection for you and your family in case of any eventuality caused due to COVID-19. Thus, in this day and age, the importance of HDFC term insurance plan cannot be overlooked.

With the term insurance plan, you can ensure the financial security of your family even in a devastating situation. The outbreak of the pandemic is certainly a wake-up call for all individuals who thought that purchasing a term insurance policy is not important and have been avoiding it long.  In the current scenario, the COVID-19 insurance is one of the most important investments and a major part of financial planning. Thus, the earlier you purchase a term insurance policy, the longer you will be covered and the lower premium you will end up paying.

What are the General limitation to HDFC Term Insurance for Coronavirus?

Even though HDFC Life Insurance does not provide any separate term insurance policy specifically for COVID-19, the death claim filed due to COVID-19 will be covered under the HDFC Term Insurance Policy.

For individuals, who are thinking about whether they should purchase a  term insurance policy during a pandemic, the simple and short answer to this is yes. Thus, if you have dependents to take care of or if you are the single breadwinner of the family then having a term insurance plan is even more important to create a financial backup for your family in the long term.

Deaths Due to COVID-19 Covered by Term Insurance for Existing Policyholders

If a person dies dues to COVID-19 had a term insurance policy then the nominee/beneficiary of the policy will receive the death benefit as the total sum assured amount.  Therefore, the nominee needs to know that the HDFC Term Insurance plan generally provides coverage for deaths due to health-related problems.  However, while purchasing the policy if an individual is diagnosed with COVID-19 then the insurer can reject the application. For new policy buyers, the death due to COVID-19 is covered under the plan after the purchase of the policy. While purchasing the policy it is important to keep in mind that as long you share all the details correctly with the insurers, whether the person is affected or not affected with the COVID-19, the death claim will be paid to the beneficiary even if the death of the life assured is caused due to coronavirus.

Seeing the ever-increasing need for the protection plan, many insurers have come up with a dedicated process of COVID-19  to deal with the challenging situations.

Documents Required Based on the Cause of Death Due to COVID-19

Natural/Medical Death

  • Statement of attending physician
  • Medical Records which include test report, death/discharge summary, admission notes, etc.

Accident/ Unnatural Death  

  • First Information Report (FIR) Copy or Policy Panchanama/Complaint.
  • Copy of viscera report/ autopsy and post –mortem report.
  • Copy of charge sheet/final police investigation report.

Once the nominee has all the documents they can send it to the insurance company via mail or WhatsApp.  The insurer will share all the information through SMS or email to keep the beneficiary updated on the claim status.

Wrapping it Up! 

In this time of uncontrollable pandemic, it is very important to buy a Coronavirus term insurance and include it in the investment portfolio. With the term insurance plan, you can ensure the right financial security for the family against any type of eventuality.

Written By: PolicyBazaar
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 35 Reviews)
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HDFC Term Insurance Covers COVID-19 Claim Reviews & Ratings

4.4 / 5 (Based on 35 Reviews)
(Showing Newest 25 reviews)
Arun
Atarsumba, February 16, 2021
Quick and subtle
My life has become hassle free when I bought the term insurance plan from the policybazaar. The customer care team of policybazaar is really good. Thank you so much team.
Amrish
Aul, February 16, 2021
Rider benefits
I availed the rider benefits when I bought the HDFC life term insurance plans. I got it very easily and it has enhanced my term insurance plan. I am happy.
Lekhak
Auraiya, February 16, 2021
Safety shield
My term insurance plan is like a safety shield for me and my family. I bought the hdfc life insurance plan from policybazaar. It has more advantages and my life has become so settle and best. Thanks.
Prabhjot
Anjar, September 06, 2016
Worthy Insurance
My friend suggested me a insurance policy which is very nice and has some new features. I buy hdfc term insurance policy in very convenient price. The terms and conditions of the policy is nice and flexible. Policy coverage is high and claims are simple to sanctioned. Service is fantastic with good behaviour.
Bhupesh
Haridwar, July 20, 2016
Quality Investment Plan
HDFC standard life insurance is the insurer provides me the term insurance plan in very low investments. Policy cover maximum expenditure and the claims are high which can be sanctioned easily. Updates regarding policy is mailed to me regularly.
Gaurav
Fatehgarh, July 20, 2016
HDFC Term Policy
The hdfc life insurance is one of the best insurance plan, it has maximum coverage and it facilitate the service which is on time. Claiming procedure is very easy due to fast service facilitate by the executives and staff of the company.
Hitesh
Kiratpur, July 20, 2016
Best Term Policy
HDFC term plan is the best insurance policy among all other because it provides much more benefits in low premiums. The online service is very nice and online renewals and updates are easily visit. The executives respond very well and claiming is so simple because of this.
Abhishek
Latur, July 20, 2016
Good Policy Coverage
The insurance i have is hdfc term insurance, it have high policy coverage ~89% and the claims are even better. Service facilitate is awesome and the renewals can be done by online portal service which is very simple to use and anybody can access it.
Sandeep
Dava, July 20, 2016
Term plan
My hdfc life term plan is fantastic with some good benefits like low premiums and high coverage. The service facilitate by the staff members of the company is fast and on time. Claiming get easy due to fast service.
Kumar
Anantnag, March 13, 2016
information
information for srevice
Vishal
Delhi, March 03, 2016
services are very late
services are very late of hdfc
Rahul
Navi_mumbai, February 16, 2016
Fantastic plan
I purchase the policy of hdfc life insurance term plan and it did work for me. Policy coverage and claims are high ~Rs.31.2 lakh. Service provided is really nice with low premiums i.e., investment is less but the returns are high. Good work.
Plan Name: Click 2 Protect Plus
Agent Code: BEW00148
Saurabh
Bengaluru, February 15, 2016
Awesome.
Recently i purchase life insurance term plan. Policy is awesome with huge benefits like claims and policy coverage is very attractive in respect to premium which is very low. Thank you hdfc standard.
Plan Name: C2P Plus Income Plus II
Agent Code: BBE04807
Tarun
Gurgaon, February 15, 2016
above average.
I own life insurance term plan from hdfc standard. The policy is good with less premiums. Claims are of Rs.29 Lakh. Policy coverage is around 80%. The services you provide is really works for me. Good job.
Plan Name: Click 2 Protect Plus
Agent Code: BPW00301
Juri
Tinsukia, February 15, 2016
Perfect plan...
Best plan ever, Really happy with this policy which has good policy coverage and claim is around thirty lakhs. Hdfc insurance term plan policy provide the best service and the investment is also less.
Plan Name: Click 2 Protect Plus
Agent Code: BPW00301
Abhinav
Navi_mumbai, February 15, 2016
"Bad Customer Service"
I have policy that is hdfc life insurance term plan. Premium is medium and returns is high. Policy coverage is 90% with claim amount ~Rs.25 L. The only problem is service, really very slow service. Please improve it.
Plan Name: Click 2 Protect Plus
Agent Code: BPW00301
Pooja
Kolkata, February 05, 2016
"Fabulous"
My friend suggest me to buy life insurance, so i got one from hdfc life. The policy is fantastic with some catchy things like the 95% hospitals are tie up with company of the whole city. Coverage and claims are high.
Plan Name: Click 2 Protect Plus
Agent Code: BPW01312
Rudra
Hyderabad, February 05, 2016
"Good Plan"
Nice policy with low premiums. Policy cover ambulance charges and the whole treatment. The claim is 80%. The 90% of hospitals are available. Service is fast and regular updates are provided through mails.
Plan Name: Click 2 Protect Plus
Agent Code: BPW01312
Kavita
Mumbai, February 05, 2016
"Worth Of Paying"
Standard insurance provide me very fine policy with good benefits. The policy coverage is high with 80% cases. Claims is 70% and easily get without any paperwork. The service is slow but done by taking some time. Premium is low. So fine policy.
Plan Name: C2P Plus Income Plus I
Agent Code: BBE06002
Patanjali
Pune, February 05, 2016
"Fantastic"
I buy life insurance by HDFC standard. The is with gerat benefits. The service providers are so good in there work and the coverage, claims are simple things to get at right time without any delay. Satisfactory policy.
Plan Name: C2P Plus Income Plus I
Agent Code: BPW01312
Abdul
Gurgaon, February 05, 2016
"Superb"
I have life insurance with hdfc standard. The policy have 100% coverage of all cases. They provide the best customer service, that's why the claiming part become easy and done on time. Great policy.
Plan Name: Click 2 Protect Plus
Agent Code: BBE06002
ASHISH
Pune, February 05, 2016
"Really Good Deal"
Policy purchased by HDFC. Experience is great with services and the policy coverage is 70% of claims. The claims are 80%-90% of the cases. The cashless garages are high. I really am happy with the services.
Plan Name: Click 2 Protect Plus
Agent Code: BBE06765
Pranay
Pune, February 05, 2016
"Fine"
I got life insurance by Standard. The policy is simple with great benefits, policy coverage is high, claims are around ₹ 20 Lakh. The service really very nice with fast response.
Plan Name: Click 2 Protect Plus
Agent Code: BPW01312
Mayur
Pune, February 04, 2016
"Average Term Plan"
I got HDFC insurance with my friend advice. The policy is average in all conditions. Policy provide 50-60% coverage and the service is little bit slow. The claims is low but the premium is also low, so that okay for the final payback.
Plan Name: Click 2 Protect Plus
Agent Code: BBE06765
Shubham
Darbhanga, February 04, 2016
"Good"
HDFC Standard Life Insurance provide me very fine life insurance term plans policy. The service is good, policy coverage is high. The claims are around Rs 21 lakh at the end of the policy.
Plan Name: Click 2 Protect Plus
Agent Code: BBE06765
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