Bankbazaar

HDFC Life Click2Protect Plus Term Plan

Protect your loved ones in your absence with the HDFC Life Click 2 Protect Plus, a comprehensive protection plan at an affordable price, to protect you and your loves ones through life’s uncertainties. With this term life insurance policy you can choose the cover options and the insurance cover depending on your needs and requirements. Securing your family and their day to day wants in your absence in the form of monthly income under Income & Income Plus Option.

Eligibility of this policy is as mentioned below: 

Particulars

Limits

Age

Minimum 18 years

Maximum 65 years

Maturity age

75 years

Tenure of coverage

Minimum 10 years

Maximum 40 years

Subject to meeting the maximum maturity age.

Documents required: 

  1. Age proof
  2. Identity proof
  3. Address proof
  4. Income proof.
  5. There also may be a requirement for the policyholder to take up a medical test and those document will be required

Based on your plan option chosen, your gender, and your age, the minimum sum assured for this policy will be Rs. 25,00,000. There’s no limit on the maximum sum assured, but this is subject to satisfactory underwriting.

When you have taken up the Click 2 Protect Plus policy, you will have 4 types of premium payment options, the minimum annualized premium will be Rs. 3000, again there’s no annual premium this is subject to satisfactory underwriting again.

Premium Frequency

Conversion Factor

Annual premium

1.0000

Half yearly premium

0.5100

Quarterly premium

0.2600

Monthly premium

0.0875



For all policies bought online, the policyholder will get an 5.5% discount on premium, but the minimum sum assured remains the same of Rs. 3,000.

Features of these plans: 

The HDFC Life Click 2 Protect Plus provides you with 4 different cover options:

  1. Life Cover option: the option gives the nominee of the payout on the death of the policyholder.
  2. Extra Life with accidental death benefit option: The nominee of the policy will receive a lump sum payout as a death benefit in addition an extra sum assured is paid in case of death due to accident.
  3. Income option: Under this the nominee will receive a sum assured payout as well as the remaining amount divided into monthly incomes for the next 15 years.
  4. Income Plus option: Under this option the nominee will receive the sum assured paid on the death of the policyholder and for the next 10 year will receive a monthly income. This monthly income can be even chosen as a normal or increasing income at a rate of 10% p.a.

Benefits of this plan:

  1. Death benefit: In the unfortunate death of the policyholder, the nominee will receive benefits as per the premiums policies chosen, if a single premium policies is chosen then the nominee will receive 125% of a single premium and the sum assured. If the premiums are other than single premiums then the nominee will receive 10 time the annualized premium, 105% of all premiums paid as on the date of demise of the policyholder, sum assured.
  2. Maturity benefit: There isn’t a maturity benefit for this policy.
  3. Life stage protection: This option is available when the policyholder has taken the Life option with an additional premium. This increases the sum assured cover, and reduces the additional cover, which later on can lead to reduction in future premiums.
  4. Tax benefits: Avail of tax benefits under section 80C and 10 (10D) of the Income Tax Act 1961

An example:

Anil Madhusudan, a 28 -year-old MEO in Bangalore, opts for a sum assured of Rs. 2 crore for 20 years at an annual premium of Rs. 15,000. Tragically Mr. Anil passes away after paying seven premiums. Therefore, his nominee gets Rs. 1 crore Sum Assured in addition to Rs. 50,000 as monthly income, which increases at 10% every year, with effect from the policy anniversary of the demise of Mr. Anil.

Frequently asked questions:

  1. Will I need to go through a Medical Test?

    Based on your health status a medical test may or may not be required. Your medical tests will be short and basic (some examples are: blood test, urine test etc.)

  2. Can I more than one online policy?

    Yes, you can buy more than one online policy, if you think and believe you need more than one. The same will be subject to underwriting approval.

  3. How long does it take for processing after you get my documents?

    It will take about 5 - 10 working days to process after receiving all documents and medical tests.

  4. Do I tax benefit with the purchase of this online policy?

    Yes, you will be eligible for tax benefits under section 80c under the Income Tax Act.

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

 4.0 / 5.0   by 1315 users
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Plan Benefits

Payment Options

Policy Coverage

Customer Service

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HDFC Life Click2Protect Plus Term Plan Reviews

Page 1 of 50 1 2 3 4 5
  • HDFC Life Life Insurance
    "Good"
    0.5 5.0/5 "Blown Away!"
    I have started life policy in HDFC LIFE 2years ago, am paying premium of 43K per year and the tenure is 15years. I did not remember the policy name. Am getting the statements within 5mins through my email address when I make the payment through online.
    Was this review helpful? 0
    , kochi
    Reviewed on Oct 19, 2019
  • HDFC Life
    HDFC Life Life Insurance
    "Good insurer"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance on HDFC LIFE on 5 months before only. The policy is for 20 years. I am paying premium on monthly package the amount which is nominal. While getting a policy my agent has given an information about the policy details. My father has taken an insurance for me. Use to do payment through an online. It covers up to myself only.
    Was this review helpful? 0
    , amritsar
    Reviewed on Oct 17, 2019
  • HDFC Life Life Insurance
    "Better Policy"
    0.5 5.0/5 "Blown Away!"
    From my HDFC LIFE, i have taken my life insurance. The executive came to my place and informed me about the policy details and gave me some offer since it was good, i have selected them. I have been paying the premium amount of Rs. 2500 per month. The policy term is 15 years. I am not sure about the sum assured amount.
    Was this review helpful? 0
    , bangalore
    Reviewed on Oct 10, 2019
  • HDFC Life Life Insurance
    "People more aware of their offerings &its better than others"
    0.5 4.0/5 "Great!"
    Basically I did not have any idea about the policy and it was just referred by a friend so have opted the policy, just for an investment perspective. I have received the insurance paper. Their executive explained me about the benefits. I pay 50K to 55K through online and tenure is 12 years.
    Was this review helpful? 0
    , gurgaon
    Reviewed on Sep 18, 2019
  • HDFC Life Life Insurance
    "Good"
    0.5 4.0/5 "Great!"
    HDFC LIFE is offering a good benefits and the charges are nominal when compared with other insurer so I took a term plan with them. They have explained me about benefits of the policy. They need some improvement on the customer service. I have paid 24K for a year.
    Was this review helpful? 0
    , gurgaon
    Reviewed on Sep 03, 2019
  • HDFC Life Life Insurance
    "Average Policy"
    0.5 4.0/5 "Great!"
    Bought my money back policy from HDFC LIFE. Taken the policy in the year of 2016. Earlier i had a salary account with HDFC hence the manager is forcefully to take this policy. I am paying the premium amount of Rs. 25000 annually. I need to pay the premium for 5 years after 5 years there is a lockin period. I get the sum assured amount of Rs. 2.50 lakhs.
    Was this review helpful? 0
    , bangalore
    Reviewed on Aug 27, 2019
  • HDFC Life Life Insurance
    "Quickest way to insure"
    0.5 5.0/5 "Blown Away!"
    Its very to take a policy through online from HDFC. The claim ratio is very nice hence i have chosen the HDFC LIFE. I'm satisfied with the coverage value of Rs. 50 lakhs. I have chosen the annual payments mode. They do have a partial disability cover is included.
    Was this review helpful? 0
    , bangalore
    Reviewed on Aug 25, 2019
  • HDFC Life Life Insurance
    "Coverage for the premium is good"
    0.5 4.0/5 "Great!"
    Chosen my term insurance from HDFC LIFE. HDFC has better claim ratio thats the reason i opted the policy. I make the premium through online every time. I pay the premium amount of Rs. 6600. They have included with disability cover and accidental cover. The premium is less since i purchase the policy through online.
    Was this review helpful? 1
    , bangalore
    Reviewed on Aug 16, 2019
  • HDFC Life Life Insurance
    "Good"
    0.5 4.0/5 "Great!"
    I took a term insurance with HDFC LIFE, I have compared with online site and found they are having good payment rates. The customer service is good. I am satisfied with the benefits. I am doing monthly premium of Rs.2000 and need to pay till 15 years. The payment mode is online.
    Was this review helpful? 1
    , bangalore
    Reviewed on Aug 06, 2019
  • HDFC Life Life Insurance
    "Excellent"
    0.5 5.0/5 "Blown Away!"
    I have a term insurance with HDFC LIFE because the benefits are too beneficial. I am paying 9,400 rupees for a year through net banking. The policy covers till the age of 85. The nominee would be getting a benefit of 75L. They have provide insurance documents on time.
    Was this review helpful? 0
    , mumbai
    Reviewed on Aug 06, 2019
  • HDFC Life Life Insurance
    "Satisfied"
    0.5 4.0/5 "Great!"
    Recently I have purchased a super savings policy from HDFC LIFE. I need to pay the premium for 8 years and after that I will get a profit for every year. They will be providing 10K on monthly basis. I have taken a policy premium of 75K per year. The payment mode is cheque.
    Was this review helpful? 0
    , bangalore
    Reviewed on Aug 02, 2019
  • HDFC Life Life Insurance
    "If you want save tax, purchase this policy"
    0.5 5.0/5 "Blown Away!"
    Bought my life insurance policy from HDFC LIFE. For the tax benefit purpose, i purchase this policy. I am not sure about the plan name. They will double the money in returns at the time maturity and its a long term plan. I pay the premium amount of Rs. 24000 annually.
    Was this review helpful? 0
    , new delhi
    Reviewed on Aug 01, 2019
  • HDFC Life Life Insurance
    "Excellent Plan"
    0.5 5.0/5 "Blown Away!"
    Bought my life insurance from HDFC LIFE. Every year i need to invest the money of Rs. 50000 for first five years. Next 5 years will be a lockin period. After 10 years, i get the money of Rs. 18000 every year for 5 years and at the time of maturity i get a sum assured amount of Rs. 10 lakhs. I bought this policy for daughter's future.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jul 31, 2019
  • HDFC Life Life Insurance
    "Satisfactory"
    0.5 5.0/5 "Blown Away!"
    Actually I was looking for a investment plan with HDFC BANK and they have provided me a life insurance. I never asked them for a policy but still they provided me an opportunity then I researched and found the benefits are also good. I need to pay the premium of 30K half yearly through online.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jul 31, 2019
  • HDFC Life Life Insurance
    "Good Policy"
    0.5 5.0/5 "Blown Away!"
    I have chosen the life insurance policy from HDFC LIFE and the plan is Super Income. For the future salary purpose, i have selected the policy. In this policy, i need to pay the premium for first 10 years and the next years will be lockin period and after i can get a lumpsum amount or else i can convert into monthly payment. I pay the premium amount of Rs. 25000 per annum. They are providing the sum assured amount of Rs. 1.87 lakhs.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jul 30, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 4.0/5 "Great!"
    I have taken the CHILDREN PLAN with the HDFC LIFE where the maturity period of the policy is for 15 years with the policy. The coverage is for self with the policy is for self added on that the benefit of the policy is in case of any incident happened will be getting the amount and after the maturity there is a sum assured.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jul 29, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I am using the life insurance policy with HDFC LIFE and the maturity period of the policy is for 7 years but the premium have to pay for 5 years. The documents submitted through the offline. The sum assure value of the policy is for 5L. I got the hard copy too.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Jul 27, 2019
  • HDFC Life Life Insurance
    "Need to provide correct details "
    0.5 3.0/5 "Satisfactory"
    I have taken a life insurance in HDFC LIFE on 2 years before. The policy is for 10 years and other 10 years for maturity. I am paying premium in the yearly package. While getting a policy my agent has not given an information about the policy details at an initial they stated offers later that offers are not listed in the benefits. I use to do payment through an online.
    Was this review helpful? 0
    , pune
    Reviewed on Jul 26, 2019
  • HDFC Life Life Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    Yearly once I'm paying the premium for my life insurance. My cousin is working in HDFC hence i have taken the policy. I'm satisfied with the sum assured amount. I make the premium through online. I have a HDFC corporate account hence its easy to pay.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jul 26, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    TERM PLAN using from last few years, the documents submitted through the online as well as the offline process. The premium paying for 6 months, coverage is for self. There is no coverage apart from this. The customer support is good and responsive.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jul 22, 2019
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