Who Should you Buy HDFC Click to Protect - Know the Benefits

Introduced by HDFC life insurance the HDFC life click 2 protect plan is a comprehensive protection plan. The plan provide protection to the individuals and their loved in case of any emergency or uncertainty of life. HDFC click to protect plan is customized to fulfill the requirements of the customers. With this term life insurance policy one can choose the most appropriate cover options depending on the needs and requirements of the buyer.

This policy not only offers all types of coverage to the individual but one has to pay a very nominal monthly premium in order to avail the plan. With the minimum premium the plan ensures a life coverage of Rs1Crore to the insured. The HDFC Click to protect plus plan offers good flexibility and liquidity to the insured. Moreover, one can avail the benefits of the plan in a hassle freeway by buying the policy online. Besides, the online purchase of policy open doors for you to take advantage of many add-on facilities offered by the policy.

Prior zeroing in on the term plan you can go to the online portals and compare the policies online so that you get the best options to choose from. This plan offers numerous benefits to the insured. The plan open option for an individual to secure the family and their day to day wants in the absence on the form of monthly income under income & income plus options. One can also purchase this policy in order to clear out the depths.

Although like any other the plan the HDFC Click to protect plan also has some criteria that should be fulfilled while buying the plan. To purchase the HDFC standard life insurance to protect plus plan the eligibility criteria for age starts from 18 years- 65 years. The policy has a maturity age of 75 years and provide a coverage in term period of minimum 10 years to maximum 40 years.

As online purchasing of the policy is easy and saves a lot of time. While purchasing the plan online one should keep handy the documents like age proof, identity proof, address proof, income proof and the report of the medical tests. Based on the plan option you choose, and according to your gender and age the minimum sum assured for this policy will be Rs25, 00, 000. Moreover, there are no limits to maximum sum assured. Some of the key features offered by the plan are.

1. Life cover option- In the life cover option the policy provides a life time coverage to the dependents of the insured from all types of unforeseen and emergency situation. Under the life cover option, the insurer provides a lump-sum payout to the beneficiary in case of the uncertain death of the policy holder.
2. Extra life with accidental death benefits options- Accidental death is an uncertain event that can happen to anybody anytime. Under extra life with accidental death benefit option provides a lump-sum payout as an extra death benefits along with the monthly income to the beneficiary of the policy in case of the death due to accident of the policy holder.
3. Income options- As every individual want to secure his family financially in case of uncertain demise with the income option the nominee receives a sum assured payout as well as the remaining amount for the period of 15 years. This amount is divided into monthly income and is given to the beneficiary.
4. Income plus option- In this a sum assured will be paid to the nominee on the death of the policy holder and monthly income will be paid for the next 10 years. This monthly income can be chosen as a normal or increasing income at a rate of 10 % per annum.

Some of the benefits offered by the policy

Death benefits- As per the premium chosen by the policy holder the beneficiary of the policy receives the death benefit in case of the uncertain death of the policy holder before the completion of the policy tenure. If the insured choose a single premium policy then the nominee receives 125% of the single premium and the sun assured. If the premium chosen is other than the single premium then the nominee will receive 10 times of the annualized premium.

Maturity benefits- As a term insurance plan the HDFC click to protect plan does not offer any maturity benefit.

Life stage protection- The life stage protection option can be availed when the insured has taken the life option with an additional premium along with the basic policy premium. The life stage protection reduces the additional cover and increases the sum assured cover. This can help the insured in future in premium reduction.

Tax benefits- one of the another benefit of availing this plan is that under the section 80 C and 10D of income tax act the insured can avail the tax benefit. This plan helps you to save on taxes so that you can achieve your financial goal.

Apart from all these benefits buying the plan online ease out your burden and have many advantage too. Here we have also mentioned some of the benefits of buying HDFC click to protect plus online

• The online purchase of the policy saves a lot of time and money and is hassle free. Nowadays, the online insurance portals are growing in competition due to which the insurance companies are coming up with new plans that are more customized to meet the demand of the customer.
• You can rely on the online aggregator as compared to the door to door insurance sellers and at affordable rate one can get the desired insurance policy.
• Moreover, about the renewal of the policy the insured don’t need to be burdensome as you will get the time to time reminder for the renewal of the policy.
• One can easily fill the policy application online and also check the status of your application from time to time Regarding the plan one can clarify all doubts and queries by calling the 24X7 customer support service of the insurance company.
• One of the best advantage of online insurance portals are that you can check the reliability of the companies by reading the reviews of the policy holder on the website.

This is Yash sharma Sr. creative writer. I have written several articles on finance, insurance & loans & I like very much to write insurance articles.