HDFC Life Insurance Company Limited was founded in 2000. It is a joint venture between HDFC Ltd. and Standard life Aberdeen. It is one of the leading life insurance companies in India catering to different needs of customers with the help of a wide range of individual and group insurance solutions. HDFC life insurance company is a ruling insurance company by creating unique HDFC term insurance plans and other related plans for the diverse population of India to safeguard their interests.
HDFC Term Insurance Plans allow the policyholders to secure the financial safety of their families in the case of unfortunate events of life at affordable premiums. You can choose from various types of term plans offered by the company such as a pure term plan, an increasing sum assured plan or a return of premium plan. The plans also come with a number of riders to provide additional coverage to your base plan.
Click 2 Protect 3D Plus is one of the most overrated HDFC term insurance plans that provides complete financial security to your loved ones at affordable prices. The term '3D' stands for various uncertainties of life, i.e. Death, Disability and Disease.
The death benefit is paid in two forms namely- 1. Lumpsum Payout, 2. Lumpsum Plus Monthly Payout. It gives you choices and flexibility by presenting 4 variants or options to avail the profits from the term plan-
Minimum Age of Entry | 18 years |
Maximum Age of Entry | 65 years |
Age of Maturity | Minimum: 23 years Maximum: 85 years |
Policy Term | Minimum: 1 month and 5 years Maximum: 85 years minus age at entry |
Minimum Sum Assured | Rs. 10,000 |
Maximum Sum Assured | No limitations |
Premium Paying Mode | Single Pay, Regular Pay Limited Pay (5 years to 84 years minus age at entry) |
Premium Paying Frequency | Single/Annual/Half-yearly/Quarterly/Monthly |
**These values may change as per different plan options (Last Updated on 21-12-2020)
HDFC Life Click 2 Protect Plus is a term insurance plan that offers comprehensive protection to you and your loved ones against different unexpected events of life. The plan offers multiple plan options and you can choose one as per your needs. It helps in fulfilling your family's future goals (even in your absence) by way of monthly income.
Minimum Age of Entry | 18 years |
Maximum Age of Entry | 65 years |
Age of Maturity | Minimum: 23 years Maximum: 85 years |
Policy Term | Minimum: 5 years Maximum: 85 years minus age at entry |
Minimum Sum Assured | Rs. 25 lakhs |
Maximum Sum Assured | No limitations |
Premium Paying Mode | Single Pay, Regular Pay Limited Pay [5 years, 10 years, 12 years and (Policy term - 5) years] |
Premium Paying Frequency | Single/Annual/Half-yearly/Quarterly/Monthly |
**These values may change as per different plan options (Last Updated on 21-12-2020)
HDFC Life Click 2 Protect Health plan is a combination of term and health insurance that provides comprehensive and affordable protection to its customers.
List of Critical Illnesses with E-opinion Facility:
Minimum Age of Entry | 18 years |
Maximum Age of Entry | 65 years |
Age of Maturity | Minimum: 23 years Maximum: 85 years |
Policy Term | Minimum: 5 years Maximum: 85 years minus age at entry |
Minimum Sum Assured | Rs 10,000 |
Maximum Sum Assured | No limitations |
Premium Paying Mode | Single Pay,/Regular Pay/Limited Pay (5 years to 84 years minus age at entry) |
Premium Paying Frequency | Single/Annual/Half-yearly/Quarterly/Monthly |
**These values may change as per different plan options (Last Updated on 21-12-2020)
The following riders are applicable only for HDFC Life Click 2 Protect 3D Plus and HDFC Life Click 2 Protect Plus Plans:
Purchase With HDFC Life:
Purchase With PolicyX.com:
Claim Intimation: Inform the company about the incident via various channels- by writing an email at claims@hdfclife.com, calling on the toll-free number (1860 267 9999), filling the online claim form on its website or by visiting the nearest branch.
The following details have to be provided during the intimation of your claim:
A claim reference number/intimation number will be provided to you upon successful registration of the claim.
Documents Submission: Submit the necessary documents requested by the company to process the claim.
In the case of natural death-
In the case of un-natural Death (Accidental death/Murder/Suicide)-
Claim Settlement: After receiving all the documents and claim form, the company will verify the details as per their norms. On successful completion, the claim will be settled and the amount will be transferred in the nominee's bank account and the same will be communicated to him/her over call or email.
1. Are the term insurance plans by HDFC available for NRIs?
Yes, NRIs who hold dual citizenship and qualify as citizens of India can purchase HDFC term plans.
2. What are the tax benefits under HDFC Term Insurance policies?
Under Section 80C of the Income Tax Act, 1961, the premiums paid for HDFC term plans are exempted from tax. The policyholder can avail a maximum benefit of Rs. 1.5 lakhs under the plan.
3. What are the documents needed for filing a critical illness claim for HDFC Term insurance?
4. What are the contact details of HDFC Life?
Toll-free Number: 1800-266-0315 10:00 am to 7:00 pm (all days)
E-mail: onlinequery@hdfclife.in
5. How much time does HDFC term insurance take to communicate the claim decision?
The claim decision will be communicated within 15 days after the claim has been examined and approved. The company may ask for extra documents to support the claim.
6. I am an NRI. How will I contact the company after the policy issuance?
For NRI customers Only: Toll-free Number: 1800-267-9999 10:00 am to 7:00 pm (Monday to Saturday as per IST)
E-mail: NRIservice@hdfclife.in
7. Can I link my home loan or any other loan with my HDFC Term Insurance plan?
Yes, you can, if you are the primary borrower of the loan. Write to service@hdfclife.com.
8. Is it possible to reduce the amount of sum assured in order to decrease premiums for my HDFC Term Plan? If yes, then how?
Yes, it is possible. There are 3 options to proceed:
9. Do I need to pay for the medical tests required to buy the HDFC term plan?
In the case of routine medical tests, the company will cover its expenses. In the case of additional medical tests being conducted outside India, its expenses will be borne by the policyholder.
10. Can I increase my coverage in HDFC Life Click 2 Protect 3D Plus?
Yes, you can increase your coverage by using the top-up option offered by the plan.
Last updated on 21-12-2020