In this, you will get facilities like change of life cover, extension of policy term, coverage for accidental death and cover for terminal illness. The name of this plan is Click-2-Protect and it is a non-linked, non-participating, single and pure risk premium life insurance plan.
New Delhi. HDFC Life has launched a new term insurance plan under which the insured will be able to make changes according to their needs. Also, he will have to pay only for those benefits which he opts for. The name of this plan is Click-2-Protect and it is a non-linked, non-participating, single and pure risk premium life insurance plan.
In this, you will get facilities like change of life cover, extension of policy term, coverage for accidental death and cover for terminal illness. This plan is going to provide financial security to your family. HDFC has said that customers can choose any plan from Life, Life Plus and Life Goal. Let us know about them in detail.
Life insurance options
In this plan, you get life insurance for the chosen coverage term, thereby securing the future of your family. The company said that this smart plan comes with inbuilt-benefit of terminal illness cover. Also in this plan the family of the subscriber can ensure their financial independence by increasing the amount of cover at the time of need in his absence. Key benefits of this plan are as follows- Option to increase death benefit up to 200%, Complete premium waiver on diagnosis of critical illness, Option to opt for additional cover for spouse, Return of premium option, Through smart exit Option to withdraw the premium that you paid at the time of policy cancellation at the time of policy cancellation. Acceleration of death benefit on diagnosis of terminal illness till the age of 80 years, full waiver of premium on total and permanent disability and option to receive death benefits in installments.
Life Plus
The company has said that here you not only get life cover, but this option also increases the cover against accidental death and terminal illness (incurable disease). Its main benefits include additional sum assured in case of accidental death during the policy term. Apart from this, all other benefits are same as above plan.
Life Goal
This plan gives you the best coverage separately. In this, you can choose the life cover according to your wish for a fixed period so that there is no liability on your family. In this, you get rebate in premium on permanent and complete disability. You can also get death coverage in this in installments.
