Pay Lower Premiums on HDFC Life Term Insurance Plans And Get Full Insurance
With more than 414 branches spread more than 900 urban communities and towns HDFC Life is one of best term life insurance providers in India. It has one of the largest compasses amongst new insurance agencies in India and right now has around 27 retail and 8 group insurance products in its bag. The organization offers a range of both individual and group insurance solutions to meet different client needs of Savings, Pension, Protection, Health, along with Women and Children plans.
HDFC Life Term Insurance Plans:
The HDFC Life Protection Plans are framed to provide special protection cover to your family during or after any occurrence of any unexpected crisis. It is your priority to secure your family’s future and plans like these intend relax your anxiety in regards to your family responsibilities. The following are the term insurance protection plans offered by HDFC Life which are putting a forth of 1 crore.
· HDFC Life Click 2 Protect: This policy ensures a life cover of Rs.2 crore with extremely nominal monthly premium, with easy accessibility online. Enjoy a better health cover and tax benefits with EMI options (only for HDFC credit card holders).
· HDFC Life Click 2 Protect Plus: Get this policy now also online with a life cover of Rs.1 crore with a very affordable monthly premium. Additionally avail tax benefits and Life Stage Protection option.
Eligibility of the HDFC Life term plan:
Term Plans
HDFC Life Click 2 Protect
HDFC Life Click 2 Protect Plus
Min entry age
18 years
18 years
Max entry age
55 years
65 years
Min policy term
5 years
10 years
Max policy term
15 years
40 years
Min sum assured
Rs. 30,000
Rs.20 lacs
Max sum assured
Rs. 2 lacs
No Limit
Key features and benefits of HDFC Life term plan are detailed below:
HDFC Life Click 2 Protect-
· Easy to comprehend and low price HDFC term protection arrangement guarantees affordability with the main agenda to put pull customers from rural boundaries into the insurance territory.
· In HDFC Life Term Plan the nominee gets a higher of total sum assured or 10 times of the annualized premium or 105% the aggregate premiums paid as on the date of death of the policyholder.
· HDFC Life Term Plan Gives singular amounts add up to the family in the event of the demise of the insured.
· Tax advantages on the premiums paid under Section 80(c) of the Income Tax Act 1961.
HDFC Life Click 2 Protect Plus-
· HDFC term life insurance gives 4 cover choices: Income Option, Life Option, Income Plus Option and Extra Life Option
· Under term plan of HDFC, the passing benefit can’t be below 105% of the aggregate premiums paid till the demise date.
· In this HDFC life term arrangement the Life Stage Protection highlight empowers the policy holder to expand the guaranteed sum assured at vital points of reference in life like child birth, marriage, education etc without having to undergo any medical test for enhancing the cover.
· Premiums can either be paid in singular amount at beginning under the single premium plans alternative or a regular premium payment for the whole term of the normal premium plan choice in this HDFC life term insurance.
· In this HDFC insurance term plan premiums can either be paid in singular amount at beginning under the single premium policy choice or consistently for the whole span of the term under the regular premium plan choice.
· On request Accidental Disability Rider, HDFC Life Income Benefit is accessible under this HDFC plan.
· Under section 80C, premiums paid are excluded from tax assessment and the received claim is exempted under Section 10(10D) of the Income Tax Act.
