There are 3 plan options available with this product namely:

• Life Protect Option: This option gives basic protection for your family and provides lump sum amount (Life cover) in case of death during policy term. The Life cover remains constant throughout the policy term.
• Life & CI Rebalance Option: A smart cover which aims to achieve a balance between Death and Critical Illness benefit as you go along in your life. Critical Illness cover increases at each policy anniversary with corresponding reduction in Life Cover. In addition, all future premiums are waived off on detection of any of the covered Critical Illnesses and the life cover continues.
• Income Plus Option:  Under this plan option, the Life Assured is covered for the entire policy term and also receives a lump sum payout on maturity along with regular income starting from age 60.

Single, annual, half-yearly, quarterly and monthly frequencies are available under this product.

Yes, Under Income Plus Option, you will receive a return of 100% of the Total Premiums¹ paid as Lumpsum, upon survival till maturity. It is in-built feature in this option.

For other plan options (Life & CI Rebalance, Life Protect), you have to pay an additional premium over and above the premium payable for the base plan option chosen in order to receive a return of 100% of the Total Premiums paid as Lumpsum, upon survival till maturity (Available under Return of Premium add on option).

This maturity benefit will be available for:

• All policy terms between 10 and 40 years for Single, Regular and 5 Pay.
• All policy terms between 15 and 40 years for 8, 10 and 12 Pay.

¹Total Premiums Paid are the total of all the premiums received, excluding any extra premium, any rider premium and taxes. In case ROP option has been selected, Total Premiums Paid includes premium paid for base plan option and the additional premium paid for ROP option.

Yes, “Death Benefit” is payable as a lump sum to your Nominee if you die during the policy term. It is the higher of:

• Sum Assured on Death
• 105% of Total Premiums Paid¹

Sum Assured on Death for Single Pay (SP) is the highest of:

• 125% of Single Premium
• Sum Assured on Maturity
• Basic Sum Assured

Sum Assured on Death for other than Single Pay (Limited Pay and Regular Pay) is the highest of:

• 10 times of the Annualized Premium
• Sum Assured on Maturity
• Basic Sum Assured

- Limited pay means premium paying term is less than policy term

- Regular Pay means premium paying term is equal to policy term

¹Total Premiums Paid are the total of all the premiums received, excluding any extra premium, any rider premium and taxes. In case ROP option has been selected, Total Premiums Paid includes premium paid for base plan option and the additional premium paid for ROP option.

Yes, “Death Benefit” is payable as a lump sum to your Nominee if you die during the policy term. It is the highest of:

• Sum Assured on Death 
• 105% of Total Premiums Paid¹
• Life Cover Sum assured

Sum Assured on Death for Single Pay (SP) is the higher of:

• 125% of Single Premium
• Sum Assured on Maturity

Sum Assured on Death for other than Single Pay (Limited Pay and Regular Pay) is the higher of:

• 10 times of the Annualized Premium
• Sum Assured on Maturity

- Limited pay means premium paying term is less than policy term

- Regular Pay means premium paying term is equal to policy term

¹Total Premiums Paid are the total of all the premiums received, excluding any extra premium, any rider premium and taxes. In case ROP option has been selected, Total Premiums Paid includes premium paid for base plan option and the additional premium paid for ROP option.

Yes, “Death Benefit” is payable as a lump sum to your Nominee if you die during the policy term. It is the higher of:

• Sum Assured on Death
• 105% of Total Premiums Paid¹

Less total Survival Benefits paid out till  the date of death

Sum Assured on Death for Single Pay (SP) is the highest of:

• 125% of Single Premium
• Sum Assured on Maturity
• Basic Sum Assured

Sum Assured on Death for other than Single Pay (Limited Pay and Regular Pay) is the highest of:

• 10 times of the Annualized Premium
• Sum Assured on Maturity
• Basic Sum Assured

- Limited pay means premium paying term is less than policy term

- Regular Pay means premium paying term is equal to policy term

¹ Total Premiums Paid are the total of all the premiums received, excluding any extra premium, any rider premium and taxes. In case ROP option has been selected, Total Premiums Paid includes premium paid for base plan option and the additional premium paid for ROP option.

• Under Life & CI Rebalance option, waiver of premium on diagnosis of critical illness is an in-built feature. Also, lump sum amount is given for treatment of critical illness under this plan option.
  Under Life Protect option, this benefit is available as Waiver of Premium on CI (WOP CI add on option). If you choose this add-on option, all future premiums payable under the plan will be waived, if you are diagnosed with any of the covered critical illnesses. This option will be available only where PPT is at least 5 years and Life Protect Option with Fixed Term is selected. An additional premium will be payable if this add-on option is chosen.

Accident is a sudden, unforeseen and involuntary event caused by external, visible and violent means. Accidental Death means death by or due to a bodily injury caused by an Accident, independent of all other causes of death. Accidental Death must be caused within 180 days of any bodily injury.

“Accidental death” shall mean death:

• which is caused by bodily injury resulting from an accident and
• which occurs due to the said bodily injury solely, directly and independently of any other causes and
• which occurs within 180 days of the occurrence of such accident but before the expiry of the cover and
• is not a result from any of the causes listed in the exclusions for accidental death benefit

Yes, additional benefit is available in the form of Accidental Death Benefit (ADB) add on option. If you choose this add-on option, an additional amount equal to 100% of Basic Sum Assured will be payable to the Nominee on your death due to accident during the policy term. This option will be available only where Life Protect Option has been selected. An additional premium will be payable if this add-on option is chosen.

Critical Illness cover increases at each policy anniversary with corresponding reduction in Life Cover.

At the beginning of the cover, Life Cover SA is set at 80% of Basic Sum Assured and CI SA is set at 20% of Basic Sum Assured. For an in-force policy, at every policy anniversary, starting from the first policy anniversary, CI SA will increase every year and Life Cover SA will decrease by the same amount. This amount will be calculated as follows:

30%  X Basic Sum Assured ÷ Policy Term.

Basic Sum Assured (Life Cover SA + CI SA) will remain the same throughout the policy term.

Once a Critical Illness claim is made, the Life Cover SA will be fixed at the then applicable level and the same SA will continue until the end of policy term.

Looking for an easier way to insure yourself and secure your loved one’s happiness? You know that the solution is a term insurance plan and you seek a plan that is convenient to buy and is affordable. HDFC Life Click 2 Protect Life Insurance plan provides comprehensive financial protection to your family, Auto balances Death and Critical Illness benefits with increasing age^ , provides an option to avail cover for Whole of Life* , get back all premiums paid on survival till maturity with Return of Premium option** and many other features as well.

 ^Available under Life & CI Rebalance Option only

*Available under Life Protect and Income Plus Options only

**Available as an inbuilt feature under Income Plus Option and on payment of extra premium under Life Protect Option (Fixed Term variant) and Life & CI Rebalance Option.

You also have an option to convert the outstanding regular premiums into any limited premium period available under the plan options without any charge/ fee.

You have an option to alter the premium payment frequency during the premium payment term without any charge/ fee.

Premiums paid by an individual or HUF under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961, subject to the conditions/ limits specified therein. Under Section 10 (10D) of the Income Tax Act, 1961, the benefits received from this policy are exempt from tax, subject to the conditions specified therein.

Please note that the above-mentioned benefits are as per the current tax rules. Your tax benefits may change if the tax rules are changed. You are requested to consult your tax advisor.