HDFC Life Click to Protect Online Plan: Features, Illustration & Review Online term plans are one of the bestselling insurance products in the Indian Insurance sector, and almost all life insurance companies have started offering online term plans to tempt the fairly large segment of insurance seekers who look for such insurance products.

HDFC Life Insurance Company is perhaps one of the pioneers in the field of the online term insurance plans. The company sells a mind-boggling range of life insurance products, and online term plans rank alongside company’s evergreen, bestselling plans. The most popular online term insurance plan launched by HDFC Life is called Click to Protect Plus. This plan has been thoughtfully developed and carefully conceptualized by HDFC Life to ensure complete financial protection for all its policyholders and their loved ones. This amazing plan from HDFC Life offers a host of unique features, which makes it unique in the market and stands as a testimony to its popularity amongst Indian insurance seekers. Let’s get acquainted to HDFC Life’s Click to Protect Plus now. HDFC Click to Protect Plus - Eligibility Criteria

Sum Assured Policy Term Entry Age Maturity Age

Minimum Rs. 25,00,000 10 years 18 years ---

Maximum No Limit 40 years 65 years 75 years

HDFC Click2Protect Plus – Premium Payment Mode & Term

Premium Payment Term Same as the Policy Tenure

Premium Payment modes Regular pay - monthly, quarterly, half-yearly and yearly Limited pay - Policy Term – 5 years Single pay

HDFC Click to Protect Plus plan offers all its policy holders easy access to four unique cover options. These are as follows:

1. Life Cover Option - In case of the demise of the insured person during the term of the policy, the death benefit paid out to the nominees under this plan are:

I. Higher of 125% of Single premium (OR) the Sum Assured for Single Premium pay policies. II. Higher of 10 times of the premium (OR) 105% of all the premiums paid as on death (OR) Sum

Assured for all policies other than the Single Premium pay ones. 2. Extra Life Cover Option – This cover option ensures that the nominees get a lump sum payment for the above mentioned benefits, plus an additional pay out equal to the total Sum Assured in case of accidental death of life insured. 3. Income Cover Option – This cover option ensures that the nominees are given the death benefits in the following ways, in case of the unfortunate demise of the policyholder:

I. 10% of the total Death Benefit to be paid to the nominee upon death of the policy holder as a lump sum payment.

II. The rest of the 90% of the Death Benefit (.5% of Death Benefit) is paid every month for 15 years.

4. Income Plus Option – This cover option ensures that the Death Benefit is paid to the nominee in the following ways upon the death of the policy holder:

I. 100% Death Benefit to be paid to the nominee as a lump sum payment

II. 0.5% of the Sum Assured to be paid to the nominee every month for 10 years. HDFC Click to Protect Plus – Standout Feature

Besides offering all these cover options and benefits, HDFC Click to Protect Plus online term insurance plans offer a host of unique features to make it easy for policy holders to provide greater financial security to their loved ones, even when they are not around. One such feature that makes this online term insurance plan a complete standout product in the Indian insurance sector is the ‘Life stage Protection’ feature. Policyholders can choose this feature under the life cover option by paying a nominal, extra premium amount. This feature ensures that the total Sum Assured is increased upon the key events in your life. The premium amount will be recalculated depending upon your increased Sum Assured and remaining policy tenure. However, this feature is only available to those equal to or below the age of 45 years and for policies on Regular Payment mode. This feature also allows you to reduce the additional Sum Assured when you don’t really need the additional cover any longer. You can reduce the additional Sum Assured after the age of 45 years. In such an event, your Sum Assured will be recalculated keeping in mind your original Sum Assured at the time of buying the policy and your premium amount will be recalculated too. The Final Verdict Given the large number of benefits, features and life cover options (as explained above), HDFC Life’s Click to Protect Plus proves to be a plan worth investing in. So, if you’re looking for a way to ensure a monthly income for your loved ones even when you’re not around, go for HDFC Click to Protect Plus online term insurance plan.