HDFC Life Click 2 Invest Plan

A plan that provides market linked returns along with financial protection to your family. This plan offers liquidity in the form of partial withdrawal after the completion of 5th policy anniversary. A ULIP plan is one whose return mainly depend on the market conditions and gives returns both on maturity of the policy or on the sudden demise of the policy holder.

Key Features

  • Financial coverage at affordable cost
  • Family income benefit
  • Limited underwriting forms with short medical questionnaire

Benefits

  • Maturity benefit
On maturity the life insured gets fund value. Fund value is calculated by multiplying balance units and unit price.
  • Death benefit
The nominee receives the sum assured on death.
  • Partial withdrawal
Partial withdrawal is possible if the policy has completed 5 ears.

Am I eligible?

PARAMETER MINIMUM MAXIMUM
ENTRY AGE 0 65
POLICY TERM 5 20
AGE OF MATURITY - 20
SUM ASSURED 18 75
PREMIUM PAYEMENT TERM SINGLE, LIMITED, REGULAR
PAYMENT TERMS ANNUAL, SEMI-ANNUAL, MONTHLY, SINGLE

What if?

  • I am unable to pay on time
A grace period is provided based on the payment frequency. The policy is continued if you make the payment within the time period else the policy is lapsed.
  • I surrender the policy
If the policy is surrendered within 5 years then the fund value will be moved to discontinued policy fund. If it is surrendered after 5 years fund value will be paid out.
  • I wish to take a loan
No loan option is available in this policy.

Exclusions

  • The nominee will receive fund value of the amount of premiums paid if the life insured commits suicide.