HDFC Life Insurance Policy started Click2Protect for Super term insurance

HDFC Life Insurance Policy started Click2Protect: HDFC Life, one of the top life insurers in India, has introduced the Click2Protect Super term insurance plan, which allows customization based on your protection needs and only charges you for the benefits and plan options you select. Click2Protect is a non-linked, non-participating, individual, pure risk premium/savings life insurance plan.

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Click2Protect: Key Points

• Click2Protect Super gives you more freedom than ever before by allowing you to change your life insurance coverage, lengthen the duration of your policy, add coverage for accidental death and terminal illness, among other things.
• With Click2Protect the family is fully protected financially thanks to the plan. Life, Life Plus, and Life Goal are the three plan alternatives from which you can select a policy that best suits your needs.
• Click2Protect ensures the future of your loved ones by giving you life insurance for the selected coverage period.
• Click2Protect is a clever plan choice that includes a built-in benefit for terminal illness coverage and also gives you the opportunity to enhance the cover amount to safeguard your family’s financial security while you are away.

Click2Protect: Principal advantages of this choice include

• With Click2Protect one would get a Choice to choose a 200 percent increase in the Death Benefit
• Premiums are waived upon the diagnosis of a critical illness
• The choice of additional coverage for the spouse
• The choice to use the Smart Exit Option to receive a refund of the base premium paid at the time of policy cancellation.
• Up to the age of 80, the Acceleration of Death Benefit is available upon the diagnosis of a terminal illness.
• Remission of the Total and Permanent Disability Premium
• Click2Protect option provides comprehensive protection for life by enhancing your coverage against accidental death and terminal illness in addition to life insurance.
• An additional payment is payable in the event of an accident-related death within the policy term.
• Premiums are waived upon the diagnosis of a critical illness
• The choice of additional coverage for the spouse
• A choice to use the Smart Exit Option to get the base premium that was paid at the time of policy cancellation.
• Offers Acceleration of Death benefit until age 80 upon diagnosis of terminal illnesses
• Remission of the Total and Permanent Disability Premium (through WOP Disability option)
• The choice to pay death benefits in instalments
• The Click2Protect option offers the flexibility to change your life insurance for the desired term, protecting your loved ones from any liabilities and/or costs. This option ensures maximum coverage.

HDFC: Company History and Associations

• A joint venture between abrdn (Mauritius Holdings) 2006 Limited and HDFC Life Insurance Company Limited, abrdn (Mauritius Holdings) Ltd. is the world’s largest investing firm.
• HDFC has been in business since 2000, HDFC Life is a prominent, publicly traded provider of long-term life insurance solutions in India.
• It offers a variety of individual and group insurance solutions to address the needs of its clients in the areas of protection, pension, savings, investments, annuities, and health.
• HDFC has 383 branches and a broad reach thanks to new tie-ups and collaborations.
• HDFC Life continues to gain from its heightened presence throughout the nation.
• HDFC distribution agreements number over 300 and include, among others, banks, NBFCs, MFIs, SFBs, brokers, and new ecosystem partners. Financial consultants are in high demand at the company.

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