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HDFC Life Click 2 Protect Plan

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Plan Benefits

Payment Options

Policy Coverage

Customer Service

Responsiveness

The Click 2 Protect Plan is a non-participating term insurance plan. This plan is designed to simply protect you with coverage at a nominal cost against life’s uncertainties that may come your way.

To be eligible for this plan the policyholder must be a minimum age of 18 years, and a maximum of 65 years. At the time the policy will mature, the policyholder, cannot be above the age of 75 years.

Features of Click 2 Protect Plan:

  1. You can get insurance coverage that will not burn a hole in your pocket. This plan will provide you with protection at an affordable cost, for both you and your family.
  2. You have the choice to customize your protection plan, choosing one of the below options:
    1. Life option - with this option the nominee will receive a lump sum benefit at the time of death if the policyholder.
    2. Extra Life option - this option will offer an additional lump sum benefit when the death of the policyholder is due to an accident.
    3. Income option - as per this option the nominee will receive a part of the sum assured that will be payable on death of the policyholder. The remaining will be paid in monthly installments to the nominee over a period of 15 years.
    4. Income Plus option - this option will pay the nominee the sum assured that will be paid when the policyholder dies. The nominee will also receive an income on a monthly , which will be paid in installments to the nominee over a period of 10 years. The monthly income will be 0.5% of the sum assured, which will also increase 10% each policy year.
  3. Life Stage Protection - is a feature available under Life option, wherein you can increase your insurance coverage, on completing some of the major milestones of life. You will have the choice to increase your sum assured, either when you decide to marry, this increase can be a 50% higher, or when you have your first child or even second by 25% higher for each child. You also have the option to reduce the coverage, when your children are independent, and on their own.
  4. The minimum sum assured for this policy will be Rs. 25 lakhs and the maximum will have no limit, subject to underwriting.
  5. You have the option to choose the policy term of 10 years to 40 years.
  6. You can add the HDFC Life Income Benefit on Accidental Disability Rider as an additional coverage to your policy. If the death of the policyholder is caused by an accident, then this rider will provide the nominee with an income of 1% of the rider sum assured as an income for a period of 10 years. The rider will be paid in case of total permanent disability caused by an accident as well.
  7. The insurance coverage is available until maximum maturity age of 75 years.
  8. You can choose your premium payment options - single, limited, and regular premium payments.
  9. The premium payment frequencies also, can be yearly, half-yearly, quarterly, or monthly.
  10. Non-tobacco users will be given attractive premium rates.
  11. The policy offers a free-look period, for 15 days from the date of receipt of the policy, within which you can cancel the policy if you’re unhappy with it.
  12. Grace period of 30 days will be provided for premium payments, if the payment modes are yearly, half yearly, and quarterly. If the premium payments are made on a monthly basis, the grace period offered is a period of 15 days.

Benefits of Click 2 Protect Plan:

  1. Tax Benefits - will be provided as per the Income Tax Act 1961, wherein the premiums paid can get tax benefits under section 80C, and claims are eligible for tax benefits under 10(10D).
  2. Death Benefit - during the tenure of the policy if the policyholder dies, the nominee will receive the higher of:
    1. Single premium modes - 125% of single premiums or sum assured
    2. Regular or Limited - 10 times the annualized premiums or 105% of all premiums paid till the time of death or sum assured.
  3. Maturity Benefit - there is no maturity benefit under this policy.
  4. Surrender Benefit - surrendering of policy is available at any time during the life of the policy, the surrender value will be paid only under the single premium payment option, wherein the value will be 70% x a single premium x (unexpired coverage term/original coverage term). Both regular and limited premium payments will not be provided a surrendered value.

Example Scenario:

Mr. Arnold, a 30 year old, healthy non-smoker, opts to take a policy for a term of 20 years, and has chosen a sum assured of Rs. 50 lakhs with the life option as protection coverage. He makes a premium payment Rs. 5,100. After a few annual payments, Arnold dies. His nominee will receive the lump sum amount based on the coverage option chosen. In this case the life option, under which the nominee will receive a sum assured of Rs. 50 lakhs, after the payment of this sum assured the the policy will be terminated.

Frequently asked questions:

  1. Is there a surrender benefit for these plans?

    A surrender benefit is available with this policy. However it’s available only under the single premium payment option. The surrender value will be calculated as per the below formula:

    • surrender value = 70% x a single premium x (unexpired coverage term/original coverage term), which will be paid to the policyholder.
  2. Are there any exclusions under the policy?
    • Yes, if the death of the policyholder is due to suicide, and is within 12 months of taking the policy, the nominee will receive only 80% of premiums paid.
    • If death is caused by accident after 180 days from the date of the accident.
  3. Can a lapsed policy be revived?

    Yes, if your policy has lapsed, you can revive the same within 2 consecutive years. After the policy is revived you will be entitled to all benefits.

GST of 18% is applicable on life insurance effective from the 1st of July, 2017

HDFC Life Click 2 Protect Plan Reviews

Page 1 of 50 1 2 3 4 5
  • HDFC Life Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have been using the HDFC Life Insurance policy for a while. They charge nominal premium for this policy it also offers accidental benefits and I make payment at the branches. so in terms of features and their service it has been a good experience with them. HDFC Life is a recommendable insurance provider.
    Was this review helpful? 0
    , secunderabad
    Reviewed on Feb 21, 2019
  • HDFC Life Life Insurance
    "Good policy"
    0.5 4.0/5 "Great!"
    I do have a term plan in HDFC Life and have not compared much, its a minimum policy. It was purchased 2 years back. They have not explained well about the policy. The benefits are okay. I pay the premium through cheque. It was paid yearly around 18K.
    Was this review helpful? 0
    , mumbai
    Reviewed on Feb 19, 2019
  • HDFC Life Life Insurance
    "This policy is very good "
    0.5 4.5/5 "Excellent!"
    Bought my ULIP(Unit Linked insurance Policy ) from HDFC LIFE, I just did a research and i found HDFC ULIP has better benefits and i have chosen the HDFC LIFE for the better return and security for my money. I have got the policy an a year back. Total tenure period of the policy is 20 years and this is a long term plan with the tax benefits covered one.
    Was this review helpful? 0
    , chennai
    Reviewed on Feb 18, 2019
  • HDFC Life Life Insurance
    "Policy can be more clear and easy to understand"
    0.5 3.0/5 "Satisfactory"
    Since my salary account is with HDFC hence i have purchased my life insurance policy from HDFC back. I pay the premium amount of Rs. 30000 every year once. I bought the policy 2 years back. I make the premium through credit card. Every 5 years once, i will get the returns to my bank account.
    Was this review helpful? 0
    , bangalore
    Reviewed on Feb 15, 2019
  • HDFC Life Life Insurance
    "Good plan"
    0.5 3.0/5 "Satisfactory"
    I took a life insurance in HDFC Life because it has more benefits. I am paying the premium annually 75K through online. The payment was easy and convenient. It is a 10 years plan and need to pay for 5 years. The customer service is good. The sum assured is 10times of the premium.
    Was this review helpful? 0
    , chennai
    Reviewed on Feb 15, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 3.0/5 "Satisfactory"
    I have got the life insurance policy with the HDFC LIFE because i have taken the personal loan and they have given the insurance. I am using it since from last 3-4 years. The policy coverage is for self and the maturity period is for 10-12years.
    Was this review helpful? 0
    , bhubaneshwar
    Reviewed on Feb 12, 2019
  • HDFC Life Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have been using my life insurance with HDFC life insurance, there service is good, the agent is my relative so he had given me good policy and even i know which one would be best as even i am the agent for other insurance company,and the premium amount i use to pay in half- yearly basis, and the premium amount is nominal,i use to pay through on line mode.and overall service is good.
    Was this review helpful? 0
    , pune
    Reviewed on Feb 11, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I have taken the ACCIDENTAL POLICY with the HDFC LIFE where i am using it since from last 10 years. I have not used this policy so far but the coverage is upto 10-12L with this insurance policy. the premium i am paying for yearly once with this policy.
    Was this review helpful? 0
    , rishikesh
    Reviewed on Feb 09, 2019
  • HDFC Life Life Insurance
    "Excellent Service"
    0.5 5.0/5 "Blown Away!"
    I had taken this Insurance policy a long time back and i had been paying the premium on an annual basis. The payment method has been online and it was quite simple. There has not been any hassle faced with the services of them so far and it is a good policy.
    Was this review helpful? 0
    , bangalore
    Reviewed on Feb 03, 2019
  • HDFC Life Life Insurance
    "Good in offers"
    0.5 4.0/5 "Great!"
    Purchased my term insurance policy from HDFC LIFE. The policy has been suggested by my uncle by comparing all the life insurance companies and its benefits. I have selected the annual premium amount and I'm happy about the sum assured amount. This is tax benefits policy. I used to make the premium through online.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Feb 02, 2019
  • HDFC Life Life Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I have taken term insurance from HDFC life . This policy covers with accidental and critical illness coverage .Am satisfied with premium amount which am paying for that which is quiet high one . Am pretty much satisfied with the customer service where they have explained the benefit and features of the policy
    Was this review helpful? 1
    , ghaziabad
    Reviewed on Jan 30, 2019
  • HDFC Life Life Insurance
    "Better policy"
    0.5 5.0/5 "Blown Away!"
    My term insurance policy was purchased from HDFC LIFE. I got the policy 2 years before. My son has recommended me about this policy. I purchased the policy through online. I pay the premium amount of Rs. 2700 per month. By online, I'm making the premium. Total sum assured amount of the policy is 50 lakhs which covers for accidental benefits also.
    Was this review helpful? 0
    , lucknow
    Reviewed on Jan 28, 2019
  • HDFC Life Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have been holding my life insurance with HDFC LIFE from long time, and I itself have applied for this insurance is i have knowledge regarding this,and there premium amount they have given me was nominal ,i use to pay up to 3500 as an premium on yearly basis,and there is no hidden charged , and i pay premium through on line.
    Was this review helpful? 0
    , jaipur
    Reviewed on Jan 23, 2019
  • HDFC Life Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I had taken this insurance policy a long time back and i had been paying the premium on an annual basis. The premium amount has not been high and the payment method has also been convenient as well. There has not been any hassle faced with the services which they had provided so far.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 21, 2019
  • HDFC Life Life Insurance
    "Excellent service"
    0.5 5.0/5 "Blown Away!"
    I have applied my life insurance with HDFC LIFE, there agent was good, they have explained me clearly about the policy benefit, and there coverage, and the premium amount they have charged me was nominal, it was on yearly basis , and i use to pay premium through on line.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 20, 2019
  • HDFC Life Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have been using HDFC LIFE for my life insurance,the agent had clearly explained me about the policy and the benefit coverage,they use to call me if any further update they change it, they have given me hard copy as well ,the premium amount is based on yearly they charged me,that was nominal,and till now no hidden charges they have charged from me.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 20, 2019
  • HDFC Life Life Insurance
    "Bad return value in this policy"
    0.5 1.0/5 "Really Bad"
    I hold a investment policy from HDFC LIFE. Friend has told me about this policy. They are not providing a good service to the customer. I took this policy in 2016. I have been paying the premium amount of Rs. 25000 per annum and the sum assured amount is Rs. 2.40 lakhs. This is a tax benefitable policy.
    Was this review helpful? 0
    , vapi
    Reviewed on Jan 19, 2019
  • HDFC Life Life Insurance
    "Good for investment"
    0.5 5.0/5 "Blown Away!"
    HDFC Life is best as per my experience, their claim ratio is good. They are providing terminal premium for the critical illness, disability cover. I took the policy cover for Rs. 10 lakhs, I make the premium of Rs. 30,000 on quarterly basis it has term of 10 years. They do have life cover for certain demise.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 19, 2019
  • HDFC Life Life Insurance
    "Best Policy"
    0.5 5.0/5 "Blown Away!"
    I have taken life insurance policy from Hdfc Life based on the benefits and income tax benefits i have chosen this policy . I make the payment through credit card . Their customer service is good as they respond that much.This policy covers accidental and critical illness benefits . Overall ma satisfied with the policy
    Was this review helpful? 0
    , bhubaneshwar
    Reviewed on Jan 19, 2019
  • HDFC Life Life Insurance
    "Excellent service"
    0.5 5.0/5 "Blown Away!"
    I have been holding my life insurance with HDFC LIFE INSURANCE recently in december , they have charge me nominal premium for a yearly basis, and it use to get through on line , and there agent was good they help me to get good policy and they use to update me if any update is there in this policy time to time.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 17, 2019
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