HDFC Life Click 2 Protect Life Plan

What is the Plan all About?

It is a Non-Linked, Non-Participating, Individual, Pure Risk Premium/ Savings Life Insurance Plan. It is an intelligent term plan that provides benefits as per your altering lifestyle and life stage needs and helps you stay truly protected.

What are the Key Features?

A hassle-free online plan, offering quick policy issuance

Provides comprehensive financial protection to your family

Multiple payout options to choose from

The option of Regular, Limited & single Premium Payment Term

Rewards you for a healthy lifestyle

Special premium rates for female lives and non-tobacco users

What are the Plan benefits?

Death Benefit is payable as a lump sum to your Nominee if you, the Life Assured die during the policy term. It is the highest of:

Sum Assured on Death.
105% of Total Premiums Paid.
Life Cover SA

Sum Assured on Death for Single Pay (SP) is the higher of:

125% of Single Premium.
Sum Assured on Maturity

Benefit on the diagnosis of Critical Illness:

On diagnosis of any of the covered critical illnesses, the applicable Critical Illness (CI) SA at the time of diagnosis of the disease, will be payable to you. In addition, all future premiums payable under the plan will be waived o‑ and the life cover continues.

Sum Assured on Death for other than Single Pay (Limited Pay and Regular Pay) is the higher of:

10 times of the Annualized Premium.
Sum Assured on Maturity

Maturity Benefit:

On survival until Maturity, Sum Assured on Maturity will be payable.

Sum Assured on Maturity will be equal to the Total Premiums Paid if ROP benefit is selected, Nil otherwise.

Upon the payment of death or maturity benet as above, the policy terminates and no further benefits are payable.

Who can Buy the Plan?

Feature	Specification
Age (as on last birthday)	Minimum: 18 Years Maximum:65 Years
Age at Maturity	85 Years
Policy Tenure	Minimum: 10 Years Maximum: 30 Years
Sum Assured	Minimum: 20 Lacs Maximum: No Limit
Premium Paying Term	Single pay, Regular pay, Limited pay. Years
Premium Paying Mode	Single, Monthly, Quarterly, Semi annually, Annually.
Maturity Proceeds	Maturity Benefit: On survival until Maturity, Sum Assured on Maturity will be payable. Sum Assured on Maturity will be equal to the Total Premiums Paid if ROP benefit is selected, Nil otherwise. Upon the payment of death or maturity benet as above, the policy terminates and no further benefits are payable.
Plan Type	Online
Grace Period	Grace period of 30 days for yearly half yearly and quarterly frequencies. and 15 days for monthly frequency from the premium date due.

Is any Rider Available with this Plan?

We offer the following Rider options (as modified from time to time) to help you enhance your protection:

Rider	UIN	Scope of Benefits
HDFC Life Income Benet on Accidental Disability Rider	101B013V03	A benefit equals to 1% of Rider Sum Assured per month for the next 10 years, in case of an Accidental Total Permanent Disability. There is no maturity benefit available under this rider.
HDFC Life Critical Illness Plus Rider	101B014V02	A lump sum benefit equal to the Rider Sum Assured shall be payable in case you are diagnosed with any of the 19 Critical Illnesses and survive for a period of 30 days following the diagnosis. There is no maturity benefit available under this rider
HDFC Life Protect Plus Rider	101B016V01	A benefit as a proportion of the Rider Sum Assured shall be payable in the case of accidental death or partial/total disability due to accident or if you are diagnosed with cancer as per the option chosen under this rider. No maturity benefit is payable under this rider.

Premium Illustration

Policy Year	Life Cover SA	CI SA
1st	40.0 lakh	10.0 lakh
2nd	38.5 lakh	11.5 lakh
3rd	37.0 lakh	13.0 lakh
4th	35.5 lakh	14.5 lakh
5th	34.0 lakh	16.0 lakh
6th	32.5 lakh	17.5 lakh
7th	31.0 lakh	19.0 lakh
8th	29.5 lakh	20.5 lakh
9th	28.0 lakh	22.0 lakh
10th	26.5 lakh	23.5 lakh

Is the Plan, eligible for Tax Benefit?

Tax benefits under this plan may be available. Premiums paid by an individual or HUF under this plan and the benefits received from this policy may be eligible for tax benefits as per the applicable sections of the Income Tax Act, 1961, as amended from time to time. You are requested to consult your tax advisor for advice on Tax Benefits.