HDFC Life Click2Protect 3D Plus Plan

• Comprehensive Plan at an affordable cost
• Customize your plan with a choice of varied plan options
• Waiver of future premium on Accidental Total Permanent Disability
• Flexibility to choose your policy and premium payment terms
• Life Stage Protection for sum insured enhancement
• Flexibility to increase your cover every year through top-up option
• Special premium rates for female lives
• Attractive premium rates for non-tobacco users
• Tax benefits as per prevailing tax laws

Option 1: Life Option

Under this option Lumpsum Benefit on death or diagnosis of Terminal Illness is payable to the nominee. In addition to the death benefit, the future premiums are waived off in case of Accidental Total Permanent Disability.

Death Benefit + Terminal Illness+ Waiver of Premium for Accidental Total Permanent Disability

Option 2: 3D Life Option

Under this option Lumpsum Benefit on death or diagnosis of Terminal Illness is payable to the nominee. In addition to the death benefit, the future premiums are waived off in case of Accidental Total Permanent Disability and upon diagnosis of the specified critical illness.

Death Benefit + Terminal Illness+ Waiver of Premium for Accidental Total Permanent Disability + Waiver of Premium upon diagnosis of the specified critical illness

Option 3:Extra Life Option

Under this option Lumpsum Benefit on death or diagnosis of Terminal Illness is payable to the nominee. The future premiums are waived off in case of Accidental Total Permanent Disability.Additional sum assured is payable to the nominee in case of an accidental death.

Death Benefit + Terminal Illness+ Waiver of Premium for Accidental Total Permanent Disability + Accidental Death Benefit

Option 4: Income Option

Under this option Lumpsum Benefit on death or diagnosis of Terminal Illness is payable to the nominee. The future premiums are waived off in case of Accidental Total Permanent Disability.

Additionally, under this option the nominee will receive a regular stream of Income in the event of death of the life insured.

Death Benefit + Terminal Illness+ Waiver of Premium for Accidental Total Permanent Disability + Regular Income to the nominee (as per plan specifications)

Option 5: Extra Life Income Option

Under this option Lumpsum Benefit on death or diagnosis of Terminal Illness is payable to the nominee. The future premiums are waived off in case of Accidental Total Permanent Disability.

Additionally, under this option the nominee will receive a regular stream of Income in the event of death of the life insured. Also, an additional sum assured is payable to the nominee in case of an accidental death.

Death Benefit + Terminal Illness+ Waiver of Premium for Accidental Total Permanent Disability +Accidental Death Benefit+ Regular Income to the nominee(as per plan specifications)

 

Option 6: Income Replacement Option

Under this option Lumpsum Benefit on death or diagnosis of Terminal Illness is payable to the nominee. The future premiums are waived off in case of Accidental Total Permanent Disability.

Additionally, under this option the nominee will receive a regular stream of Income in the event of death of the life insured.This plan option ensures that your nominee continues to receive the income stream (Level/Increasing) even in your absence. The income will continue till the end of the policy term, subject to minimum term of 4 years.

Death Benefit + Terminal Illness+ Waiver of Premium for Accidental Total Permanent Disability + Regular Income to the nominee(Level/Increasing)

Option 7: Return of Premium Option

Under this option Lumpsum Benefit on death or diagnosis of Terminal Illness is payable to the nominee. The future premiums are waived off in case of Accidental Total Permanent Disability.

In case the life insured survives the policy term, he/she is gets the return of premiums as maturity benefit.

Death Benefit + Terminal Illness+ Waiver of Premium for Accidental Total Permanent Disability + Return of Premiums (in case life assured survives the policy term)

Option 8: Life Long Protection Option

The protection offered under this plan is for the whole life.Under this option Lumpsum Benefit on death or diagnosis of Terminal Illness is payable to the nominee. The future premiums are waived off in case of Accidental Total Permanent Disability. The Premium Payment term is calculated as 65- Age at Entry.

Death Benefit + Terminal Illness+ Waiver of Premium for Accidental Total Permanent Disability+Protection for whole life

Option 9 : 3D Life Long Protection Option

The protection offered under this plan is for the whole life.Under this option Lumpsum Benefit on death or diagnosis of Terminal Illness is payable to the nominee. In addition to the death benefit, the future premiums are waived off in case of Accidental Total Permanent Disability and upon diagnosis of the specified critical illness. The Premium Payment term is calculated as 65- Age at Entry.

Death Benefit + Terminal Illness+ Waiver of Premium for Accidental Total Permanent Disability+Protection for whole life + Waiver of Premium upon diagnosis of the specified critical illness+Protection for whole life

The following additional benefits can be taken as add on benefits on payment of additional premium:

1. Life Stage Protection: Under this feature, you have the option to increase the basic Sum
Assured without underwriting on any of the below-specified events in the life of the Life Assured:

• 1st Marriage: 50% of Sum Assured subject to a maximum of Rs 50 lakh
• Birth of 1st child: 25% of Sum Assured subject to a maximum of Rs 25 lakh
• Birth of 2nd child: 25% of Sum Assured subject to a maximum of Rs 25 lakh

2. Top Up Option: he policyholder may opt for a systematic increase of your cover from 1st policy anniversary onwards. The policyholder has the option to exit this option at any time during the remaining policy term.

Let us understand this with the example of Mr. Raj

Plan Details of Mr. Raj:
Age: 25 years
Plan Option: HDFC Click2Protect 3D Plus- LIFE OPTION
Sum Assured:1 Crore
Premium paying term: 40 years (Regular Pay)
Policy Term: 40 years


 

HDFC Click2Protect 3D Plus Term Plan is eligible for Tax benefits as stated:

• Premiums paid to qualify for tax benefits as per Section 80C of the Income Tax Act, 1961.
• Death benefit(s) are entitled for tax benefits as per Section 10 (10D) of the Income Tax Act.

(Subject to the provision stated therein.)