HDFC Life launches online term plan ‘Click 2 Protect’. HDFC Life Click 2 Protect term life insurance plan is for any individual who is at least 18 years or below 55 years. Click 2 Protect policy term is minimum of 10 years and maximum of 30 years.
How Much Cover?
The minimum Sum Assured is Rs 10 lacs. Click 2 Protect allows you to take maximum cover of Rs 10 Cr.
|Entry Age||18 years – 55 years|
|Maturity Age||Maximum – 65 years|
|Policy Term||10/15/20/25/30 Years|
|Premium Mode||Yearly only|
As it’s a pure term insurance plan no benefits are paid on maturity or surrender.
Section 80C of the Income Tax Act, 1961, subject to the provisions contained therein.
Section 10 (10D), the benefits received from the policy are exempt from tax.
Healthier individual and non tobacco user can avail cheaper premium rates.