HDFC Life’s “Click 2 Protect Elite Plus” is a modern, term insurance + smart benefits combo plan.
Key Features
1. Large cover, instant protection
- Complete protection on the basic sum assured.
- In the event of the policyholder’s death, the nominee receives 10x the premium / basic sum assured / 105% of the premiums paid so far – whichever is higher.
2. Return of Premium (ROP)
- If the policyholder survives the full policy term, all premiums are returned.
- That means protection and savings.
3. Smart Exit Benefit
If needed, you can discontinue the policy mid-term and get some premiums back.
4.Premium Break
- If you face financial constraints, you can pause premiums for up to 12 months.
- The condition is that the policy has been in operation for 5 years, and a 5-year gap is required before taking another policy break.
5.Accelerated Death Benefit
- If the sum assured is ₹2 crore or more, the nominee receives ₹5 lakh immediately upon death, along with claim intimation.
- The remaining amount is paid upon completion of the investigation.
6.More Benefits
- HDFC Life has a good claim settlement ratio—meaning a high claim settlement rate.
- Can be purchased through both online and offline channels.
- Tax benefits (Sections 80C and 10(10D)) are also available.
7.Who should buy it?
- Working professionals between 25–45 years of age who want comprehensive coverage and flexibility.
- Those with an income of ₹10 lakh+ per annum (because of the high-income eligibility condition).
- People who want the option of premium refunds along with security.
8.Know the drawbacks:
- Premium is slightly more expensive than other simple term plans.
- Terminal illness benefit is not built-in.
- Charges and terms can be complicated if you opt for Return of Premium or Smart Exit.
9.Bottom Line
- The “HDFC Life Click 2 Protect Elite Plus” is a premium term plan.
- It offers more than just protection, but also features like flexibility, refunds, and quick payouts.
- It may seem expensive for those looking for a simple term plan, but it’s a strong choice for those looking for security and smart options.
