Pay For : entire policy term
5/6/7/8.../Policy Term - 1 Years
The HDFC Life Click 2 Protect Life Plan is designed to provide benefits that suit your changing lifestyle and needs, keeping you and your loved ones financially protected. It offers 3 plan options and if you get diagnosed with a critical illness, you won't have to pay premiums anymore. This allows you to cover higher life risks at affordable prices.
The HDFC Life Click 2 Protect Plan is one of the best term insurance plans available currently. Below mentioned are the key features of the HDFC Life Click 2 Protect Life Plan:
You can choose from 3 different plan options:
Life & CI Rebalance: This option balances coverage between Death and Critical Illness benefits as you go through life. Critical Illness coverage increases each year while the Life Cover decreases. If you are diagnosed with a Critical Illness (that the plan covers), future premiums are waived, and the Life Cover continues.
Life Protect: With this option, a lump sum payment is given to your family when you pass away.
Income Plus: Under this option, you are covered for the whole policy term and receive a lump sum payment when the policy matures, along with regular income starting at age 60.
These plans offer comprehensive financial protection for your family.
You can choose the plan option that fits your specific needs.
The Death and Critical Illness benefits automatically adjust as you get older.
If you choose the Income Plus Option, you start receiving income payments when you turn 60.
You have the option to have coverage for your entire life.
With the Return of Premium option, you get back all the premiums you paid if you survive until the policy matures.
If you are diagnosed with a Critical Illness (through the WOP CI option), your premiums are waived off.
You can get additional coverage for Accidental Death (through the ADB option).
There are special premium rates available for females and non-tobacco users.
You can enjoy tax benefits under the ITA, 1961.
The TATA AIA Maha Raksha Supreme Plan offers a wide range of options to choose from so that you can meet your family's financial protection needs. By opting for this plan, you can ensure a secure future for your family in the long run.
Below mentioned are the key features of TATA AIA Maha Raksha Supreme Plan:
If you are diagnosed with a Terminal illness, you can receive 50% of your life cover amount.
There is an inbuilt Payout Accelerator Benefit that provides an advance of 50% of the Basic Sum Assured if you are diagnosed with a Terminal Illness.
With the Life Stage Plus Option, your coverage increases at important milestones in your life without the need for additional medical checks.
You have the choice to make premium payments only once, for a limited period, or throughout the entire policy term.
You can enhance your protection with Riders, such as:
Accidental Death and Dismemberment Long Scale (ADDL) Rider
Non-Linked Comprehensive Protection Rider
Non-Linked Comprehensive Health Rider
There are discounted rates for female policyholders and standard premium rates for non-smokers.
You can enjoy tax exemption under Section 80C and get 100% tax-free returns when the policy matures.
The Life Stage Plus Option lets you increase your coverage within the same policy without needing new medical evaluations. You can get additional coverage ranging from 10% to 50% of the Basic Sum Assured, up to a maximum of ₹50 lakhs, during important life events, such as marriage, childbirth, etc.
Below mentioned is a comparison of the eligibility criteria of the TATA AIA Maha Raksha Supreme Plan and HDFC Life Click 2 Protect Life Plans:
|Parameters (Min. to Max.)
|TATA AIA Maha Raksha Supreme
|HDFC Life Click 2 Protect Life
|18 years to 60 years
|18 years to 65 years
|8 years to 85 years
|5 years to 67 years
|Rs. 2 Crore to 20 Crores
|Rs. 50 Lakhs to 20 Crores
|Premium Payment Modes
|Monthly,Quarterly, Half-yearly, Annually
Before purchasing a term insurance plan, it is smart to compare different options. By doing so, you can determine which plan best fits your needs and life objectives. Policybazaar offers the convenience of comparing and selecting the most suitable plan from over 15 available options. This ensures that the financial security of your loved ones remains intact.
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