HDFC Life Click to Protect Plus is a pure term insurance plan that offers you a huge cover at a very small premium. Along with this, there are some additional features in this policy as well. Which you can take advantage of very easily. This life insurance plan is also popular due to the low premium of HDFC Life Click to Protect Plus.
Its two parts are very important
1.You can increase the cover amount for important life events such as marriage or the birth of a child.
2.Accidental Death Benefit Rider is available Death Benefit Rider is available.
Because it is a pure protection plan which provides a large lump sum amount to the nominee on death and hence there is no maturity benefit under it.
In this plan, 125% of the single premium is paid to the nominee on the death of the policyholder. And the sum assured is also available to the nominee
Under this, an additional sum assured is paid to the nominee in addition to the death benefit, but that will be done only if the death is due to accident.
Under this, you can increase your insurance cover amount at important stages of life such as marriage, birth of a child.
You can surrender this policy at any time under this plan
Before taking this policy, you also have to keep some things in mind.
1.Death Benefit Accidental Death Benefit will not be paid by the Company if the death occurs after 180 days from the date of occurrence of the accident.
2.Accidental death benefit will not be paid by the company if the accidental death is due to the following reasons,
If death occurs after 180 days from the date of accident, the death benefit will not be paid.
3.Death benefit will not be paid if there is suicide or self-harm despite mental illness.
4.Death benefit will not be paid for consumption of intoxicants or alcohol other than those prescribed by a registered medical practitioner.
5.Death benefit will not be paid in case of participation in war, invasion, hostilities (whether war is declared or not), civil war, rebellion, revolution or riot or civil commotion.
6.No death benefit will be paid as a passenger on a commercially licensed aircraft or while participating in any flying activity.