We have come up with yet another Honest Review, this time about a pure term insurance plan which is HDFC Life Click 2 Protect Plus Plan.

HDFC Life Click 2 Protect Plus Plan is a non-linked, non-participating, Term Insurance Plan which offers you a pure insurance coverage until the age of 85 years.

The plan offers 4 different options –

1. Life Option – Lump Sum on Death
2. Extra Life Option – Lump Sum on Death + Additional Lump Sum (on Accident)
3. Income Option – 10% of Sum Assured on Death + 90% payable as income over 15 years •(0.5% of Death Benefit every month for 15 years)
4. Income Plus Option – 100% of Sum Assured to nominee + monthly income for 10 years* •(0.5% of Sum Assured becomes payable for a period of 10 years)

Minimum and Maximum

Minimum Age at Entry : 18 Years
Maximum Age at Entry : 65 Years
Maximum Maturity Age : 85 Years
Minimum Policy Term : 5 years for Life Option and Extra Life Option & 10 years for all other options
Maximum Policy Term : 85 years – Age at Entry for Life Option and Extra Life Option 40 years for all other options
Minimum Sum Assured :25 Lakh
Minimum Annualized Premium : 2376
Maximum Annualized Premium : No LIMIT

Death Benefit

Maturity Benefit

None

Life Stage Protection

Events	Additional Sum Assured (percentage of Sum Assured)	Subject to maximum Additional Sum Assured
Marriage	50%	50,00,000
Birth of 1st Child	25%	25,00,000
Birth of 2nd Child	25%	25,00,000

Premium will be recalculated based on your increased Sum Assured and outstanding policy term.

Increase/Decrease Protection

Riders

HDFC Life Income Benefit on Accidental Disability Rider

•A benefit equal to 1% of Rider Sum Assured per month for the next 10 years, in case of an Accidental Total Permanent Disability. •There is no maturity benefit available under this rider.

HDFC Life Critical Illness Plus Rider

•A lump sum benefit equal to the Rider Sum Assured shall be payable in case you are diagnosed with any of the 19 Critical Illnesses and survive for a period of 30 days following the diagnosis. •There is no maturity benefit available under this rider.