HDFC Click 2 Protect Supreme

Overview

HDFC Life Click 2 Protect Supreme is a pure term insurance plan that helps secure your family's finances if you are not around to provide for them. Unlike a standard term plan, this plan allows you to choose from 3 plan options: Life, Life Plus, and Life Goal. This ensures your cover can match how your responsibilities change with time, whether that is a new home loan, a growing family, or your children's education. A major feature of this plan is the option to increase your sum assured by up to 200% of the standard cover at major milestones like marriage or childbirth.

Key Benefits of HDFC Life Click 2 Protect Supreme Plan

• 3 Plan Options to Choose From
• Death Benefit
• Choice of Payout
• Tax Benefits
• Riders for Enhanced Protection

Riders Associated with HDFC Life Click 2 Protect Supreme Plan

You can add the following riders to your HDFC Life Click 2 Protect Supreme Plan:

HDFC Life Income Benefit on Accidental Disability Rider

In the case of Total Permanent Disability, 1% of the Rider Sum Assured is paid for 10 years.

HDFC Life LiveWell Rider

Get a lump sum benefit equivalent to the Rider Sum Assured on death, terminal illness, accidental death, or hospitalisation.

HDFC Life Protect Plus Rider

Three benefit options are available under this rider: Personal Accident Cover, Accidental Death Cover, and Cancer Cover.

HDFC Life Health Plus Rider

Two benefit options are available under this rider: Comprehensive Critical Illness Cover and Cancer Cover.

Plan Features

Cancellation in Free-Look Period

You can cancel your policy within a free-look period of 30 days. HDFC Life will issue the refund after deducting applicable charges if you wish to cancel your plan.

Policy Revival

This plan offers you the option to revive your lapsed policy within the revival period mentioned in the policy documents after paying the outstanding premiums and interest charges. The current revival period as per the norms is 5 years, and interest charges are applicable at 9.5% per annum.

Grace Period

This plan offers you a grace period in case of non-payment of premiums. A grace period of 30 days is offered if premiums are paid quarterly, half-yearly, or yearly, and a 15-day grace period is applicable in the event of a monthly payment.

Surrender Value

You can get a surrender value if you wish to cancel your policy within the policy tenure. Surrender value is only provided if you have paid a minimum of 2 years' premiums. In other circumstances, the policy will be cancelled without any surrender value.

Exclusions

• Suicide during the first 12 months of policy inception will not be covered.
• Death due to a pandemic is not covered under this plan.
• Injuries or illnesses caused due to any type of adventure sports.
• Consumption of any type of drugs or alcohol, except for clinical purposes.
• Any pre-existing disease that is not mentioned at the start of the policy.

Benefits of HDFC Life Click 2 Protect Supreme Plan

Death Benefits

Death benefits are provided to the nominee in case of the policyholder’s unfortunate demise during the policy tenure.

Maturity Benefits with ROP Option

On survival until maturity, the Sum Assured on Maturity will be payable, which will be equal to 100% of the Total Premiums Paid, if the ROP option is selected.

Tax Benefits

You can avail of tax benefits on the premium paid for your policy under the Income Tax Act, of 1961. A tax rebate of a maximum of 1.5 lakhs is provided during a particular financial year.