New Delhi: HDFC Life has launched Click2Protect Super, a term insurance plan that enables customization as per the protection needs and you pay only for the benefits/plan options that you have opted for.
Click2Protect Super is a non-linked, non-participating, individual, pure risk premium/savings life insurance plan that offers you multiple flexibilities like changing the life cover, extending the policy term, availing coverage for accidental death and terminal illness. ,
The plan provides comprehensive financial security for the family. One can choose a cover as per the requirement from three plan options – Life, Life Plus and Life Goal.
Let’s look at each of these options and the benefits they offer:
life choices: It provides you with life insurance for the chosen coverage term, thereby securing the future of your loved ones. This smart plan option comes with the inbuilt benefit of terminal illness cover and also allows you to increase the cover amount to ensure financial independence for your family in your absence.
Key benefits of this option include:
Option to increase the death benefit up to 200%
Waiver of premium on diagnosis of critical illness
Option to choose additional cover for spouse
return of premium option
Option to get back the original premium paid at the time of policy cancellation through Smart Exit option
Acceleration of death benefit on diagnosis of terminal illness till the age of 80 years
Waiver of premium on total and permanent disability
Option to receive death benefit in installments
Life Plus: Along with life insurance, this option enhances the cover against accidental death and terminal illness, providing comprehensive protection for life.
Key benefits of this option include:
Additional Sum Assured payable in case of accidental death during the policy term
Waiver of premium on diagnosis of critical illness
Option to choose additional cover for spouse
return of premium option
Option to get back the original premium paid at the time of policy cancellation through Smart Exit option
Provides acceleration of death benefit on diagnosis of incurable diseases, up to age 80
Waiver of premium on total and permanent disability (through WOP disability option)
Option to receive death benefit in installments
Life goal: This option ensures optimum coverage by offering you the flexibility to change your life cover for the desired period thereby protecting your loved ones from any liabilities and/or expenses.
Key benefits of this option include:
Waiver of premium on total and permanent disability
Option to receive death benefit in installments
Srinivasan Parthasarathy – Chief Actuary, HDFC Life said, “Term insurance is a must-have for every individual. As a leading life insurer, we continuously strive to understand the ever-evolving needs of the Indian consumer. We aim to provide such innovative To launch products that offer a great amount of flexibility in the form of customization. Such products are customer centric, designed to meet their specific needs and also ensure that customers are satisfied only with what they are Pay for what you buy. Click2Protect Super can be customized as per the requirement of the customer and this is reflected in the premium as well. The three plan options of the product offer different benefits. We believe Click2Protect Super Super will be a new age financial safety net for customers who believe in living a life of pride.”
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