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HDFC Term Insurance is one of the most popular and prominent protection plans created and introduced by HDFC Life. HDFC Life Insurance Company Limited is a joint venture between HDFC Bank Standard Life Aberdeen. The three variants of term protection plans offered by HDFC Life are HDFC Life Click 2 Protect Plus, HDFC Life Click 2 Protect Health and HDFC Life Click 2 Protect 3D Plus.
"Life stage feature of HDFC Term Plans ensures your cover is enhanced as per your life stage requirements."
With HDFC Term Insurance, you can provide a monthly income of Rs. 50,000 to your family at the cost of Rs. 23 a day in your absence. Read all about it in this article.
HDFC Life Click 2 Protect 3D Plus is a comprehensive term insurance plan from HDFC life insurance which is available online at an affordable price. The 3D in the name of the plan stands for three uncertainties of life which are mainly Death, Disease and Disability. With this term plan you get to shield your financial protection against these dreaded possible events. HDFC Life Click 2 Protect 3D Plus term plan gives you the flexibility of 9 plan options to select as per your individual requirements.
|Eligibility Criteria||All Options (with the exception of Life Long Protection Option & 3D Life Long Protection Option)||Life Long Protection Option & 3D Life Long Protection Option|
|Minimum Entry Age||18 years||25 years|
|Maximum Entry Age||65 years||65 years|
|Minimum Policy Tenure||5 years||Whole Life|
|Maximum Policy Tenure||40 / 50 years||Whole Life|
|Premium Payment Mode||Single Regular Pay, Limited Pay: 5 years to 39 years||Limited Pay: (65 - Age at Entry or 75 - Age at Entry)|
|Premium Payment Frequency||Single, annual, semi-annual, quarterly and monthly||Annual, semi-annual, quarterly and monthly|
|Minimum Maturity Age||23||Whole Life|
|Maximum Maturity Age||75 / 85 years||Whole Life|
|Minimum Basic Sum Assured||Rs. 10,00,000||Rs. 10,00,000|
This term insurance plan is in collaboration with two world class life and health insurance companies, HDFC life and Apollo Munich Health Insurance. This plan provides you dual benefit of health and life insurance in a single affordable term plan.
|Eligibility Criteria||All Options except Life Long Protection Option & 3D Life Long Protection Option||Life Long Protection Option & 3D Life Long Protection Option||-|
|Minimum Entry Age||18 years||25 years||91 days|
|Maximum Age at Entry||65 years||60 years||65 years|
|Minimum Policy Term||5 years||Whole Life||1 year|
|Maximum Policy Term||40 / 50 years||Whole Life||2 year|
|Minimum Maturity Age||23 years||Whole Life||Life Long on continuous Renewals|
|Maximum Maturity Age||75 / 85 years||Whole Life||Life Long on continuous Renewals|
|Sum Assured||10 lakhs - no upper limit||10 lakhs - no upper limit||3 lakhs / 5 lakhs / 10 lakhs / 15 lakhs / 20 lakhs / 25 lakhs / 50 lakhs|
HDFC Life Click 2 Protect Plus term insurance plan safeguards the future of your family for a nominal premium cost. The plan guards you and your family against the risks that life may throw at you. The term insurance offers wide range of coverage options which you can pick depending upon your individual needs. The plan has multiple payment options so the death benefit can be optimally utilised by the beneficiaries.
|Sum Assured||Rs. 25,00,000||No upper limit applicable|
|Policy Tenure||10 years||40 years|
|Premium Payment Term||Regular, limited or single||Regular, limited or single|
|Entry Age of the Life Insured||18 years||65 years|
|Maturity Age||28 years||75 years|
|Payment Modes||Yearly, half-yearly, quarterly or monthly||Yearly, half-yearly, quarterly or monthly|
The Common Services Centre (CSC) is a strategic cornerstone of the National e-Governance Plan (NeGP), approved by the Government in May 2006, to introduce e-governance on a massive scale in Rural India. Each CSC serves a cluster of 6-7 villages (approximately 1400 households), thereby covering more than 6.5 lakh villages across India. The CSCs are being looked at as a change agent, not only as service delivery points, but also as key contributor in promoting rural entrepreneurship, building rural capabilities and livelihoods by enabling community participation and thus, leading to a collective social change. In order to facilitate inclusion of this section of the population into mainstream insurance, HDFC Life has launched CSC Suraksha.
HDFC CSC Suraksha Plan offers a benefit amount to the beneficiary on the death of the life insured during the policy tenure. This enables the policyholder to ensure the financial stability of his/her family and fulfil their future aspirations, even in his/her absence.
|Minimum Entry Age||18 years|
|Maximum Entry Age||55 years|
|Minimum Maturity Age||23 years|
|Maximum Maturity Age||60 years|
|Minimum Policy Term||5 years|
|Maximum Policy Term||15 years|
|Minimum Sum Assured||Rs. 30,000|
|Maximum Sum Assured||Rs. 2,00,000|
|Payment frequencies for premium||Annually, semi-annually, quarterly or monthly|
|Minimum annualised premium||Rs. 112|
Term Insurance exclusions
Accidental death benefit exclusion
Critical Illness Exclusions
HDFC has a simple claim process and high claim settlement ratio. It has a dedicated claim assistance team and has honoured 97.62% of individual claims.
HDFC Term Plan Claim Settlement Process:
Inform HDFC life of the claim by filling the claim form which is available on the HDFC life website.
You can also email the company for claim intimation on the below email addresses:
Life Insurance/Critical Illness Claims: firstname.lastname@example.org
The following are the documents that you may require for claim process
Below is a tentative list which will help you to arrange the documents for submission to get your claim settlement quickly
HDFC offers comprehensive and wide variety of Term Insurance plans for selection. It includes almost all the features in the term plans that are being offered in the insurance industry by other insurers. It also has a unique term and health insurance combined combi plan which is a good mixture of insurance for an individual. HDFC Life also has good claim settlement ratio highlighting the seamless and hassle-free claim settlement process of the company. If you are looking for a term plan, HDFC term plans are worth a look and good buy for the financial protection of your loved ones.
HDFC Life has a dedicated customer service to solve all your queries relating to the life insurance product on their website. You can contact them on their toll free number 1800 266 9777 or via email at Buyonline@HDFCLife.in.
HDFC Life Click 2 Protect 3D Plus term insurance plan offers free look up period of 15 days and 30 days if the policy was purchased through online/distance marketing. If you don’t agree with any of the terms and conditions after buying the term plan, you can return it to the company stating the reason within the stipulated time period.
Yes, you can change the beneficiary during the tenure of the policy.
No, there is no paid-up benefit under accidental disability rider. If you stop paying the premium for the rider during the policy term, then the rider benefit will cease and rider will lapse.
The following are the 19 critical illnesses defined under critical illness rider:
When two or more products of the same company are combined in a single insurance plan and sold is called combo plan. When a product of different insurers are combined together for solution is called a combi plan, for example Click 2 Protect Health term insurance plan, which offers features of both term plan and health insurance plan.