HDFC Life Click 2 Protect 3d Plus: Review Plan & Details

HDFC Life Click 2 Protect 3d Plus is one of the most famous and newest insurance plans launched by HDFC. The non–linked insurance plan provides its consumers with a wide range of benefits and assurance of protection for the insured and the family. Many people are interested in HDFC Life 2 to Protect Plus due to its animated features.

However, this article will discuss the HDFC Click 2 Protect 3d Plus Life Insurance, its components, benefits, and many more.

Eligibility for HDFC Life Click 2 Protect 3d Plus

The person who wants to take advantage of the various features of HDFC Life Click 2 Protect 3d Plus. They can fulfill the essential requirement for applying. However, the eligibility criteria for HDFC Life Click 2 Protect 3D Plus are as follows

Features of HDFC Life Click 2 Protect 3d Plus

HDFC Click 2 Protect 3d Plus is one of the famous plans that HDFC provides with different payment options. However, some of the critical features of HDFC Life Click 2 Protect 3d Plus are:

• It is a non-linked term insurance plan with various benefits. However, it provides multiple payment options such as monthly, quarterly, yearly, half-yearly, etc.
• It provides support to the insured and the family. Even if something happens to the insured, the family would be offered essential protection, and they can fulfill their financial needs.
• It allows you to choose the policy payment according to your convenience.
• HDFC Life Click 2 Protect 3d Plus provides unique plans for its female customers.
• If you’re away from any wrong consumption, such as tobacco or cigarettes, there are some benefits in your plan.
• You can renew your plan according to your will, as HDFC Life Click 2 Protect 3d Plus Plus provides this feature.
• If the insured faces any critical illness or mishap, then the insured does not have to pay the remaining policy term.
• HDFC Life Click 2 Protect will provide you with tax benefits on every payment.
• The most famous and everyday HDFC Click 2 Protect 3d Plus covers are:

• Extra Life Option
• Income Option
• Life Option
• 3d Life Option
• Income Replacement Option
• Life-long Protection Option
• Return of Premium Option
• 3D Life-long Protection Option

Benefits of HDFC Life Click 2 Protect 3d Plus

HDFC Click 2 Protect 3d Plus has become the foremost choice of customers due to its various features and benefits. Every plan cover has an advantage. However, some of the expected benefits of HDFC Click 2 Protect 3d Plus are:

1. Life Option

The insured is provided with life protection under the policy in this cover option. It helps the insured during a critical illness. If you’ve taken the life option, you’ll get complete cover to overcome the expenses of your condition. Even banks provide lump sum amounts if needed. However, if the insured dies right before the plan’s maturity, then the lump sum amount will also be provided to the insured’s family as financial support. On the other hand, if the insured faces an accident and it leads to a certain kind of disability, the plan amount will also be offered to the insured, and the plan will be terminated after that.

2. 3D Life Option

In this  HDFC Life Click 2 Protect Plus cover option, the insured can benefit from a lump sum payment, and the rest of the money is waived off if they face any critical illness. In any case, if the insured dies during the policy period, all the payment money will be provided to the nominee along with the benefit payments. However, if the insured gets diagnosed with any illness at a critical stage, all future fees will also be waived.

3. Extra Life Option

In the HDFC Click 2 Protect 3D plus option, you are provided with all the essential extra life benefits along with the sum assured. However, if the insured had a sudden death, all the money and the benefits would be provided to the nominee. In the same way, if the insured faces any acute disease, the further policy term will be waived off, and the rest will be provided to the insured.

4. Income Option

In this HDFC Life 2 Protect Plus option, the insured is provided with the benefit of regular income till the end of the policy if the insured dies. It helps to keep the nominee protected from any unique financial needs. In this option, you’ll also be provided with a sum insured and other remaining benefits. However, if the insured faces any critical illness, the policy tenure will be waived, and the remaining money will be given to the insured’s family.

Policy Details

The HDFC Click 2 Protect 3d Plus insurance policy details are given below:

• Grace Period: The grace period refers to the period provided to the insured after the due date of the policy payment. If you haven’t paid your policy payment, then a 15 or 30-day grace period will be provided to clear off all the payments. In any case, if a person fails to do so, then the policy will be terminated.
• Surrendering of Policy: Surrendering of policy is a kind of acceptance in which the bank asks for a contract in which the insured cannot ask for surrender values during the tenure period. However, you have no right to claim a discount after this.
• Revival: If the person fails to pay the payment and a leap of 2 years comes due due to an unfulfilled amount, the policy gets terminated. But if you want to start with your policy again, you can go with the option of revival. You have to do some formalities to start your policy again.

Conclusion

HDFC Life Click 2 Protect 3d Plus is a good plan for protecting you and your family. It helps to provide financial support to the family even after the insured’s demise. The HDFC Click 2 Protect 3d Plus is a benefit plan that protects against death, accident, disability, etc. The aim of the HDFC Life Click 2 Protect Plus is to protect you from every kind of mishap. We have already discussed the HDFC Click 2 Protect 3D Plus above and its key features, benefits, and details.

FAQs

What is the claim settlement ratio of HDFC Click 2 Protect 3d Plus?

Ans. The claim settlement ratio of HDFC Life Click 2 Protect Plus is 98.01%.

What is the rate of claim settlement?

Ans. The claim settlement ratio helps in defining the credibility of the insurance company. The insurance company settles it at the beginning of the year.

How is the claim settlement ratio calculated?

Ans. The claim settlement ratio was calculated by in-between the total number of claims settled by the total number of death claims.

How many days does it take for claim settlement?

Ans. The claim settlement takes around 20 working days to process.

What is the calculation of claim value?

Ans. The calculation of claim value is Claim = loss suffered 8inusred value/ total cost.