Best HDFC Term Insurance Plan Online
HDFC term insurance is one of the most prominent and popular protection plans introduced by HDFC life. The three different variants of term protection plan offered by HDFC are HDFC life click 2 protect plus, HDFC life click 2 protect 3D plus and HDFC life click 2 protect health. With HDFC term insurance, you can provide a monthly income of Rs 50,000 to your family at the cost of as low as Rs 23 a day.
MERITS OF HDFC TERM INSURANCE
Affordable premiums :
HDFC term insurance plans are affordable and cost effective with premiums that do not put a financial burden on you.
Lower premium for healthy way of living :
HDFC term plans reward you with a lower premium for maintaining a healthy lifestyle.
Flexibility:
HDFC term insurance plans offer many different coverage options for selection, giving a freedom to opt in term plans as per the individual requirements.
Tax benefits:
Tax benefit can be availed in the HDFC term plans for premium payment and benefit receivable under section 80C and 10(10D) of the Income Tax Act, 1961.
Also Read : HDFC Banking and Financial Services Fund NFO
HDFC CLICK 2 PROTECT HEALTH
This term insurance plan is in collaboration with two life insurance companies, HDFC life and Apollo Munich. This plan offers dual benefits of health and life insurance in a single and affordable plan.
| LIFE | LIFE | HEALTH | |
| Types | All options except 3D life long protection and life long protection | 3D Life long protection option and Life long protection option | - |
| Entry age | 18 years | 25 years | 91 days |
| Max age at entry | 65 yrs | 60 yrs | 65 yrs |
| Minimum tenure | 5 yrs | Whole life | 1 yr |
| Maximum tenure | 40/50 yrs | Whole life | 2 yrs |
| Minimum maturity age | 23 yrs | Whole life | Life long renewals available |
| Maximum Maturity age | 75/85 yrs | Whole life | Life Long renewals available |
| Sum assured | 10 lacs No upper limit | 10 lacs No upper limit | 3 lacs/5 lacs/10 lacs/15 lacs/20 lacs/25 lacs/50 lacs |
HDFC LIFE CLICK 2 PROTECT 3D PLUS
HDFC life click 2 protect 3D plus is a complete term insurance plan from HDFC which is available at an affordable cost. The 3D here stands for three uncertainties of life which are Disease, Death, and Disability.
With this term plan, you get a shield against these three uncertain events.
| CRITERIA | ALL OPTIONS (EXCEPT LIFE LONG AND 3D LIFE LONG) | LIFE LONG AN 3D LIFE LONG |
| Entry age | 18 years | 25 years |
| Max age at entry | 65 yrs | 60 yrs |
| Minimum tenure | 5 yrs | Whole life |
| Maximum tenure | 40/50 yrs | Whole life |
| Minimum maturity age | 23 yrs | Whole life |
| Maximum Maturity age | 75/85 yrs | Whole life |
| Sum assured | 10 lacs No upper limit | 10 lacs No upper limit |
| Premium payment mode | Limited pay and single regular pay | Limited pay |
| Premium frequency | Single, annual, semi annual, quarterly and monthly | Annual, Semi - annual, quarterly and monthly |
HDFC LIFE CLICK 2 PROTECT PLUS
This scheme safeguard the future of your family for an affordable and nominal premium cost. The plan guards you and your family against the risks that life may throw at you. The term insurance offers a wide range of coverage options which you can pick upon depending on needs. The plan has multiple payment options so the death benefit can be optimally utilised by the beneficiaries.
| CRITERIA | MINIMUM | MAXIMUM |
| Assured sum | Rs 25,00,000 | No upper limit |
| Policy tenure | 10 years | 40 years |
| Premium Payment Term | Regular, Limited or single | Regular, Limited or single |
| Entry age | 18 years | 65 years |
| Maturity age | 28 yrs | 75 yrs |
| Payment modes | Yearly, half yearly, quarterly or monthly | Yearly, half yearly, quarterly or monthly |
THE CRUX
HDFC offers a comprehensive and wide range of term insurance plans for selection. It includes almost all the features in the term plans that are necessary and offered by other competitors. IT also has a unique term and health insurance combined combi plan which is an ideal mixture of insurance for an individual. HDFC life also has a good claim settlement ratio which highlights hassle free and seamless claim settlement. If you are looking for a term plan HDFC term plan is worth considering and can be a good buy.
