HDFC Life’s Click 2 Protect Life – Term Plan

Single, annual, half-yearly, quarterly and monthly frequencies are available under this product.

Yes, Under Income Plus Option, you will receive a return of 100% of the Total Premiums1 paid as Lumpsum, upon survival till maturity. It is in-built feature in this option. For other plan options (Life & CI Rebalance, Life Protect), you have to pay an additional premium over and above the premium payable for the base plan option chosen in order to receive a return of 100% of the Total Premiums paid as Lumpsum, upon survival till maturity (Available under Return of Premium add on option).
This maturity benefit will be available for:

• All policy terms between 10 and 40 years for Single, Regular and 5 Pay.
• All policy terms between 15 and 40 years for 8, 10 and 12 Pay.

Total Premiums Paid are the total of all the premiums received, excluding any extra premium, any rider premium and taxes. In case ROP option has been selected, Total Premiums Paid includes premium paid for base plan option and the additional premium paid for ROP option.

Critical Illness means illness, the signs or symptoms of which first commence more than 90 days following the Issue Date or Commencement Date or the date of any reinstatement of this Contract, whichever is the latest and shall include either the first diagnosis of any of the following illnesses or first performance of any of the covered surgeries stated below:

List of Critical Illnesses covered
1.Cancer of Specified Severity	2. Myocardial infarction – First heart attack of specific severity	3. Open Heart Replacement or Repair of Heart Valves
4.Kidney Failure Requiring Regular Dialysis	5. Major Organ/ Bone Marrow Transplant	6. Coronary Artery Bypass Graft (Open, Keyhole or minimally invasive or Robotic Cardiac CABG)
7.Multiple Sclerosis with persisting symptoms	8. Stroke resulting in permanent symptoms	9. Coma of specific severity
10.Permanent Paralysis of Limbs	11. Motor Neuron Disease with Permanent Symptoms	12. Benign Brain Tumor
13.Blindness	14. Deafness	15. End stage lung failure
16. End stage liver failure	17. Loss of Speech	18. Loss of Limbs
19.Major Head Trauma	20. Primary (idiopathic) pulmonary hypertension	21. Third Degree Burns
22.Alzheimer’s Disease	23. Aplastic Anaemia	24. Medullary Cystic Kidney Disease
25.Parkinson’s Disease	26. Systemic Lupus Erythematosus (SLE) with Lupus Nephritis	27. Apallic Syndrome
28.Major Surgery of Aorta	29. Brain Surgery	30. Fulminant Viral Hepatitis
31.Cardiomyopathy	32. Muscular dystrophy	33. Poliomyelitis
34.Pneumonectomy	35. Severe Rheumatoid Arthritis	36. Progressive Scledorma

To know more about each critical illness, refer product brochure

• Under Life & CI Rebalance option, waiver of premium on diagnosis of critical illness is an in-built feature. Also, lump sum amount is given for treatment of critical illness under this plan option.
• Under Life Protect option, this benefit is available as Waiver of Premium on CI (WOP CI add on option). If you choose this add-on option, all future premiums payable under the plan will be waived, if you are diagnosed with any of the covered critical illnesses. This option will be available only where PPT is at least 5 years and Life Protect Option with Fixed Term is selected. An additional premium will be payable if this add-on option is chosen.

Accident is a sudden, unforeseen and involuntary event caused by external, visible and violent means. Accidental Death means death by or due to a bodily injury caused by an Accident, independent of all other causes of death. Accidental Death must be caused within 180 days of any bodily injury.

“Accidental death” shall mean death:

• which is caused by bodily injury resulting from an accident and
• which occurs due to the said bodily injury solely, directly and independently of any other causes and
• which occurs within 180 days of the occurrence of such accident but before the expiry of the cover and
• is not a result from any of the causes listed in the exclusions for accidental death benefit

Yes, additional benefit is available in the form of Accidental Death Benefit (ADB) add on option. If you choose this add-on option, an additional amount equal to 100% of Basic Sum Assured will be payable to the Nominee on your death due to accident during the policy term. This option will be available only where Life Protect Option has been selected. An additional premium will be payable if this add-on option is chosen.

Critical Illness cover increases at each policy anniversary with corresponding reduction in Life Cover.

At the beginning of the cover, Life Cover SA is set at 80% of Basic Sum Assured and CI SA is set at 20% of Basic Sum Assured. For an in-force policy, at every policy anniversary, starting from the first policy anniversary, CI SA will increase every year and Life Cover SA will decrease by the same amount.

This amount will be calculated as follows:

• 30% X Basic Sum Assured ÷ Policy Term.

Basic Sum Assured (Life Cover SA + CI SA) will remain the same throughout the policy term.

Once a Critical Illness claim is made, the Life Cover SA will be fixed at the then applicable level and the same SA will continue until the end of policy term.

You also have an option to convert the outstanding regular premiums into any limited premium period available under the plan options without any charge/ fee.

You have an option to alter the premium payment frequency during the premium payment term without any charge/ fee.

Premiums paid by an individual or HUF under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961, subject to the conditions/ limits specified therein. Under Section 10 (10D) of the Income Tax Act, 1961, the benefits received from this policy are exempt from tax, subject to the conditions specified therein.

Please note that the above mentioned benefits are as per the current tax rules. Your tax benefits may change if the tax rules are changed. You are requested to consult your tax advisor.

No, Plan option once chosen at inception cannot be changed throughout the policy term.