A Review of HDFC Life Click 2 Protect Super Plan

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.” - Prabhjot

HDFC Life Click 2 Protect Super is a pure-risk protection plan that offers financial protection to your family in the event of your unforeseen death. 

Let us see the key features and plan benefits in detail.

Key Features of HDFC Life Click 2 Protect Super Plan

Here are the key features of the HDFC Term insurance Click 2 Protect Super Plan

• The plan provides you and your family with financial protection in case something happens to him

• You can choose from 3 plan options and buy the one that suits you the most

• With the term return of premium option, you can receive all the premiums back at the end of the policy term

• The nominee will be paid an additional amount in case you suffer an accidental death during the policy term

• The plan offers Acceleration of Death Benefits on the diagnosis of the terminal illness stated under the plan, till 80 years

• Waiver of Premium available on Total and Permanant Disability (WOP Disability) and Critical illnesses (WOP CI)

• With the Life Option, you can increase the death benefit up to 200% of the basic sum assured

• You can extend the plan with its renewability at maturity option. This feature can only be availed 5 times only.

• The plan offers the option to select Additional Cover for Spouse

• Under this plan, you can change the premium frequency during the premium payment term

• The plan allows you to increase the sum assured by 50% on marriage and by 25% each on the birth of 1st and 2nd child

• You can choose to receive the death benefit in installments

• With the Smart Exit Benefit, you can exit the policy at a stage specified by the insurer and receive the premiums you paid back. This option is only available for policy terms of more than 30 years.

What are the Benefits of HDFC Life Click 2 Protect Super?

Let us take a look at the benefits that convinced Prabhjot to buy term plan from HDFC.

1. Available Plan Options

   The HDFC Life Click 2 Protect Super offers 3 plan options and they are:

   • Life Option

     • Death Benefit: In case you suffer an unfortunate death during the policy term, your nominee will receive the sum assured as a death benefit. 

     • Maturity Benefit: The sum assured on maturity which is 100% of the premiums paid throughout the policy term, will be paid to the policyholder in case he outlives the policy tenure. This is only available in the term return of premium option of the plan.

     • Terminal Illness Benefit: The plan offers the terminal illness benefit in case of diagnosis of terminal illness and the maximum limit for terminal illness benefit is capped at Rs. 2 Crore.

   • Life Plus Option

     • Death Benefit: The sum assured payable on death will be paid to the nominee in the event of the policyholder’s unforeseen death.

     • Accidental Death Benefit: The accidental death benefit will be paid in addition to the sum assured on death in case the policyholder dies due to an accident.

     • Terminal Illness Benefit: On the diagnosis of terminal illness, the death benefit will be accelerated. The benefit will only be accelerated till 80 years of age, after which the death benefit will not be accelerated. 

     • Maturity Benefit: The maturity benefit will be payable only if the ROP option is selected otherwise nothing will be payable. The sum assured will be 100% of the premiums paid throughout the policy term.

   • Life Goal Option

     • Death Benefit: The death benefit will be payable to the nominees in a lump sum amount if the policyholder dies within the policy term.

     • Maturity Benefit: There is no maturity benefit applicable to this plan option.

2. Return of Premium (ROP) Option

   This option provides you with a return of all the premiums you paid towards keeping the policy active. This amount will be paid as a maturity benefit at the end of the policy term.

3. Waiver of Premium (WOP Disability) & (WOP CI) Option

   With the waiver of premium option, all your remaining premiums will be waived off on the diagnosis of a critical illness specified in the plan or if the policyholder suffers a total and permanent disability.

4. Spouse Cover Option

   Under this option, the spouse of the policyholder will get a death benefit equal to a selected percentage of the basic sum assured and the remaining premiums will be waived off. 

5. Revival Period

   You can revive your lapsed policy within the revival period by paying the outstanding premiums, interest on the remaining premiums, taxes, and levies applicable.

6. Add-on Riders

   This HDFC term insurance plan offers the following benefits that you can include in the base term plan to enhance its coverage

   • HDFC Life Critical Illness Plus Rider: The rider amount will be paid in a lump sum on the diagnosis of any critical illness that is covered under the plan.

   • HDFC Life Income Benefit on Accidental Disability Rider: in this 1% of the sum assured will be paid every month for the next 10 years in case of Accidental Total Permanent Disability.

   • HDFC Life Protect Plus Rider: The benefit amount equal to the rider sum assured will be payable on the diagnosis of cancer, in case of accidental death, or partial/total disability due to an accident.

Wrapping it Up!

You can buy the HDFC Super just like Prabhjot and secure your family’s financial future. This plan is a comprehensive term plan with options and features to fit the needs of individuals from all walks of life. You can compare and buy term plans online from the comfort of your home.

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