HDFC Life Click2Protect Life

It is becoming increasingly crucial to stay protected and secure ourselves and our loved ones with many uncertainties today. Keeping up with the changing times, HDFC Life presents Click2Protect Life, an intelligent term plan that provides three options to choose from - Life and Critical Illness (CI) Rebalance, Life Protect, and Income Plus.

The HDFC Life Click2Protect Life is a non-linked, non-participating, individual, pure risk premium or savings life insurance plan that gives you a host of benefits and keeps pace with your changing needs as you move ahead in life.
 

Key Features and Benefits

The key features covered under this policy are as follows:

• 

  1. Life and critical illness rebalance

  This plan allows you to strike the right balance by auto-balancing the life and critical illness covers at each policy anniversary.
  
  The basic sum assured is split between Life Cover SA and Critical Illness SA (CI SA). First, Life Cover SA and CI SA comprise 80% and 20% respectively of the basic sum assured. After that, at every policy anniversary, starting from the first, CI SA will increase every year, and Life Cover SA will decrease by the same amount. This way enjoys a relevant cover when you need it the most.

• 

  Death coverage

  The death coverage is payable as a lump sum to the nominee of the insured. It is the highest than:
  • Sum assured on death or
  • 105% of the total premiums paid or
  • Life cover SA
  
  Sum assured on death for single pay (SP) is the higher than:
  • 125% of the single premium or
  • Sum assured on maturity
  
  Sum assured on death for other than single pay (limited pay and regular pay) is the higher than:
  • Ten times the annualized premium or
  • Sum assured on maturity
  
  Where the annualized premium is the amount payable in a year chosen by the policyholder, excluding taxes, rider premiums, extra underwriting premiums, and loadings for modal premiums, if any.
  Total premiums paid are all the premiums received, excluding any extra premium, rider premium, and taxes. In case the ROP option has been selected, total premiums paid include a premium paid for the base plan option and the additional premium paid for the ROP option.

• 

  Diagnosis of critical illness

  If the insured is diagnosed with any of the covered critical illnesses, the applicable critical illness (CI) SA at the time of diagnosis of the disease will be payable. Additionally, all future premiums payable will be waived off, and the life cover will continue.

• 

  Maturity benefit

  On survival until maturity, the sum assured upon maturity will be payable. Sum assured on maturity will be equal to the total premiums paid if return of premium (ROP) benefit is selected, or nil otherwise. Once the payment of death or maturity benefit is made, the policy terminates, and no further benefits are payable.

• 

  2. Life Protect

  Under this plan option, the nominee gets a lump sum benefit in the case of death of the insured.

• 

  Death coverage

  ‘Death coverage’ is payable as a lump sum to the nominee and is the higher of:
  • Sum assured on death or
  • 105% of the total premiums paid
  
  Sum assured on death for single pay (SP) is the highest of:
  • 125% of single premium or
  • Sum assured on maturity or
  • Basic assured on maturity
  
  Sum assured on death for other than single pay (limited pay and regular pay) is the higher of:
  • Ten times the annualized premium or
  • Sum assured on maturity or
  • Basic assured on maturity
  
  Where the annualized premium is the amount payable in a year chosen by the policyholder, excluding taxes, rider premiums, extra underwriting premiums, and loadings for modal premiums, if any.
  Total premiums paid are all the premiums received, excluding any extra premium, rider premium, and taxes. In case the ROP option has been selected, total premiums paid include a premium paid for the base plan option and the additional premium paid for the ROP option.

• 

  Maturity benefit

  On survival until maturity, the sum assured on maturity will be payable. Sum assured on maturity will be equal to the total premiums paid if the return of premium benefit is selected, nil otherwise. Once payment of death or maturity benefit is made, the policy terminates, and no further benefits are payable.

• 

  3. Income plus

  This plan option provides a life cover, regular monthly income from the age of 60 onwards, and a lump sum payout on maturity.

• 

  Death coverage

  “Death coverage” is payable as a lump sum to the nominee and is the higher of:
  • Sum assured on death or
  • 105% of total premiums paid less total survival benefits paid out till the date of death
  
  Sum assured on death for single pay (SP) is the highest of:
  • 125% of single premium or
  • Sum assured on maturity or
  • Basic sum assured
  
  Where the annualized premium is the amount payable in a year chosen by the policyholder, excluding taxes, rider premiums, extra underwriting premiums, and loadings for modal premiums, if any.
  Total premiums paid are all the premiums received, excluding any extra premium, rider premium, and taxes. In case the ROP option has been selected, total premiums paid include a premium paid for the base plan option and the additional premium paid for the ROP option.

• 

  Survival benefit

  On survival, provided all due premiums have been paid, an income equal to 0.1% of basic sum assured will be payable at the end of every month, following policy anniversary after attaining 60 years of age, until death or end of the policy term, whichever occurs first.

• 

  Maturity benefit

  For fixed-term:
  On survival until maturity, the sum assured on maturity will be payable.
  Sum assured on maturity will be equal to max (110% of total premiums paid less total survival benefit paid out, 0).
  
  For whole life: NIL
  Once payment of death or maturity benefit is made, the policy terminates, and no further benefits are payable.

You are eligible for this policy as per the requirements given below:

Plan Option	Life & CI Rebalance	Life Protect		Income Plus
		Fixed Term	Whole Life	Fixed Term	Whole Life
Min. Age at Entry	18 years	18 years	45 years	30 years	45 years
Max. Age at Entry	65 years	65 years	65 years	50 years	10 Pay: 50 years Single Pay, 5 Pay: 55 years
Min. Age at Maturity	28 years	18 years	Whole Life	70 years	Whole Life
Max. Age at Maturity	75 years	85 years	Whole Life	85 years	Whole Life
Min. Policy Term	10 years	Single Pay: 1-month Regular Pay: 5 years Limited Pay: 6 years	Whole Life	30 years	Whole Life
Max. Policy Term	30 years	85 years – Age at Entry	Whole Life	40 years	Whole Life
Premium Payment Term	Single Pay, Regular Pay, Limited Pay (5 to any PPT less than PT)		Limited Pay (5, 10, 15 pay)	Single Pay, Limited Pay (5, 10 pay)
Min. Basic Sum Assured	Rs. 20 Lakh	Rs. 50,000
Max. Basic Sum Assured	No limit, subject to Board Approved Underwriting Policy (BAUP)

All ages are expressed as on the last birthday. For all ages, risk commences from the date of inception of the contract.

Add-on benefits available under HDFC Life Click2Protect Life are as follows:

Return of Premium (ROP) option
The insured may choose to opt for this benefit under the plan option as per the below table:

Option		Allowed to opt for ROP option
Life & Critical Rebalance		Yes
Life Protect	Fixed Term
	Whole Life	No
Income Plus	Fixed Term
	Whole Life

In this plan option, the insured must pay an additional premium over and above the premium payable for the base plan chosen. It will receive a return of 100% of the total premiums paid as a lump sum upon survival until maturity.

This add-on option 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

Waiver of premium on CI (WOP CI) option
• Under this add-on option, all future premiums payable under the plan will be waived off, if the life assured is diagnosed with any of the covered critical illnesses
• This option is available only where the premium payment term is at least five years, and the life protect option with fixed-term is selected

Accidental death coverage (ADC) option

• In this add-on option, an additional amount equal to 100% of the basic sum assured will be payable to the nominee in case of death due to an accident of the insured. This option is available only where the life protect option has been selected
• An additional premium (over and above the premium payable for the base plan) will be payable if this add-on option is chosen

Alter premium payment frequency
Flexibility to alter the premium payment frequency during the premium payment term without any charge or fee.

Option to reduce premium payment term from regular pay to limited pay
Get the option to convert the outstanding regular premiums into any limited premium period available under the plan options without any charge or fees.
 

HDFC Click2Protect Life Plan gives the following rider options to enhance protection:

HDFC Life Income Benefit:

The policy will provide a benefit equal to 1% of the 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:

The policy also provides a lump sum benefit equal to the rider sum assured shall be payable if the insured is diagnosed with any of the 19 critical illnesses and survives 30 days following the diagnosis. There is no maturity benefit available under this rider.

HDFC Life Protect Plus Rider:

A benefit as a proportion of the rider sum assured will be paid in case of accidental death or partial or total disability due to accident or if the insured is diagnosed with cancer as per the option chosen under this rider. No maturity benefit is payable under this rider. Below is the list of critical illness covered under this plan:
 

1. Cancer of Specified Severity	2. Deafness
3. Myocardial infarction – First heart attack of specified severity	4. End-stage lung failure
5. Open Heart Replacement or Repair of Heart Valves	6. End-stage liver failure
7. Kidney Failure Requiring Regular Dialysis	8. Loss of Speech
9. Major Organ/ Bone Marrow Transplant	10. Loss of Limbs
11. Coronary Artery Bypass Graft (Open, Keyhole or minimally invasive or Robotic Cardiac CABG)	12. Major Head Trauma
13. Multiple Sclerosis with persisting symptoms	14. Primary (idiopathic) pulmonary hypertension
15. Stroke resulting in permanent symptoms	16. Third Degree Burns
17. Coma of specific severity	18. Alzheimer’s Disease
19. Permanent Paralysis of Limbs	20. Aplastic Anaemia
21. Motor Neuron Disease with Permanent Symptoms	22. Medullary Cystic Kidney Disease
23. Benign Brain Tumor	24. Parkinson’s Disease
25. Blindness	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 Scleroderma

You can follow these simple steps to buy this policy:

• To apply for the product, click on ‘Apply Now’ and fill in the necessary details in the application form.
• Make the fee payment online.
• If required opt for a call back from our representatives or complete the process by clicking ‘Buy now'.

The following documents are required to purchase the policy:

• Photograph of the Applicant
• Age proof such as birth certificate, Voter ID, PAN card, passport
• Identity proof such as passport, Aadhaar card, PAN card, Voter ID
• Income Proof such as Form 16, salary slips, employment certificate
• Address proof such as telephone bill, electricity bill, passport, bank statement, Voter ID
• Medical Test that the insurer requires you to undergo.

Life is uncertain, and so are medical emergencies and accidents. We are here to guide you in these challenging times and complete your claim processing in a few simple steps.

Cashless Claims:

Documents needed to process cashless claim:
With HDFC Click2Protect Life, the insured can benefit from cashless treatment with the insurer’s network hospitals anywhere in the country. The procedure to file a claim is as follows:

• The list of HDFC Life network hospitals is available on their website, where you can get cashless treatment
• Intimate the insurer within 48 hours (emergency hospitalization) of hospitalization and three days before admission in case of planned hospitalization
• While visiting the hospital, carry the patient’s insurance cashless card or the policy details
• Show the health insurance cashless card and valid ID proof at the insurance desk of the hospital
• Fill in the pre-authorization request form correctly available at the hospital and submit it to the hospital
• For quicker action, fill the request form on the official website and intimate the insurer. Wait for the decision as your request will be reviewed
• The insurer may take up to 2 hours after receiving the request and will inform about the decision via an email and an SMS
• You can also check the status on https://www.hdfclife.com/.The claim will be processed as per the terms and conditions of the policy after all the formalities are completed

Reimbursement Claims:

Documents needed to process reimbursement claim

• In case of an emergency admission, you need to notify the insurer within 48 hours and pay the hospital charges directly unless we have issued a pre-authorization
• Collection and submission of claim documents- send the list of the documents mentioned below within 15 days of discharge from the hospital
• After reviewing the documents, the insurer will approve or reject the same terms and policy
• If the request is approved, the insurer will send the reimbursement amount via NEFT to your registered bank account
• If the request is rejected, the same will be communicated to your registered contact phone number and email id

Collect below mentioned relevant document in original from the hospital and submit them to the insurer:

• Claim form duly filled & signed by you or life insured.
• Hospitalization discharge card or summary
• Hospital invoice(s) (summary and itemized invoices) and corresponding payment receipts
• Surgical summary (in case the life assured has undergone surgery)
• All supporting diagnostic reports and prescriptions
• All pharmacy receipts and corresponding prescriptions
• Ambulance invoice if applicable
• Self-attest copies of the following documents:
• Health card or policy document
• ID proof (PAN Card, Aadhar Card, Passport, Driving License, Voter’s ID, Bank passbook, or statement)
• In case of cashless claims, ID proof should contain the photograph of the ID card holder
• It would be preferable to provide NEFT details and supporting documents (cancelled cheque or bank passbook, or statement) at the time of claim registration

The major exclusions for the policy are as follows:

Exclusions for critical illness benefit

Apart from the disease-specific exclusions given along with definitions of diseases above, no benefit will be payable if the critical illness is caused or aggravated directly or indirectly by any of the following:

• Diagnosis of any of the listed critical illness or hospitalization or treatment (availed or advised) within 90 days of the risk commencement date or reinstatement date, whichever is later
• Any pre-existing disease, that is, any condition, ailment, injury, or disease:
  1. That is diagnosed by a physician within 48 months before the effective date of the policy issued by the insurer or its reinstatement or
  2. For which medical advice or treatment was recommended by, or received from, a physician within 48 months before the effective date of the policy issued by the insurer or its reinstatement.

Waiting period for critical illness benefit

No benefit shall be paid in case the life assured is diagnosed with any of the applications listed critical illnesses within 90 days from the date of commencement or revival of cover, whichever occurs later except in cases where the critical illness occurs as a result of an accident (such as major head trauma).

• All the evidence needed to make a claims assessment as per the definitions above is made available before the death of the life assured.
• The insured must survive 30 days after the 'complete diagnosis' of the denied critical illness condition being claimed and subject to fulfilment of policy definitions. Failure to do so entitles the insurance company to refuse any claim under this cover.

Exclusions for Accidental Death benefit

The additional accidental death benefit will not be payable if death is caused directly or indirectly from any of the following:

• If the death occurs after 180 days from the date of the accident
• The injury occurred before the risk commencement date
• Suicide or attempted suicide or intentional self-in infected injury, by the life, insured, whether sane or not at that time
• The life assured being under the in consequence of drugs, alcohol, narcotics or psychotropic substance, not prescribed by a registered medical practitioner

Waiting period for accidental death benefit (ADB) option

Accidental death must be caused within 180 days of any bodily injury. “Accidental death” shall mean death:

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

Note: Please refer to the policy wording for the complete list of exclusions that had a waiting period

BFL Helpline Number: 08698010101

HDFC Life Helpline Number: 1800-266-9777

E-mail: wecare@bajajfinserv.in

Mailing address: Ground Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014.

*For claim related issues please refer to your policy document or certificate of insurance (COI).