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HDFC Life Click2Protect 3D Plus

Objective

This term plan aims to protect your loved ones against the financial consequences of the '3Ds', namely death, disease and disability.


What does it do?

It pays a predetermined amount to the nominee if the insured person is diagnosed with a terminal illness or dies.


Pros

It waives its premiums and continues to operate even if you meet with an accident resulting in a total permanent disability. In its 3D variant, it brings in this waiver and continuity in case of critical illness


Cons

Only persons below 65 are eligible to purchase it


Suited for

People who have dependents


Our View

This term insurance policy which has a useful premium waiver feature incase of permanent disability resulting from an accident. This is also available for critical illness in one of its variants. The policy has several variants allowing you to adapt it to your needs.

Eligibility
Entry Age (years) 
Minimum18 (25 for whole life variant)
Maximum65
Maximum Maturity Age (years)75 (Except for the whole life variant)
Policy Term (years) 
Minimum5
Maximum40
Sum Assured (Rs) 
Minimum1000000
Minimum Annual Premium2234
Minimum Premium (Rs) 
Yearly2234
Premium Payment FrequencyMonthly/Quarterly/Half-yearly/Yearly
Premium Payment TermSingle payment is one-time. For regular payment or limited payment plans: 5-39 years (For whole life, it is 65 - age of entry)
Policy CoverCover remains fixed for the tenure of the policy. It can be enhanced under certain conditions such as marriage or the birth of children.
Other FeaturesWaiver of premiums and continuation of the policy incase of permanent disability resulting from an accident and in one variant, for critical illness.
Other Features 
Free Look CancellationYou can cancel within 15 days of receiving the policy documents. For online or distance marketing, this period is extended to 30 days
Grace PeriodIf are late in the payment of premiums, you are allowed a grace period of 30 days under the annual and quarterly payment options and 15 days under the monthly option, in which to pay the premium. After the expiry of the grace period your policy will lapse resulting in the termination of the insurance cover
Lapsed Policy ReinstatementYou can reinstate your lapsed policy within 2 years from the date of lapse subject to the terms specified by the insurance company
Tax BenefitsSection 80C, 10 (10D) of the Income Tax Act, 1961 would apply.
ExclusionsIn case of death by suicide during the first policy year, or within one year from the date of reinstatement, 80% of the premium will be paid to the nominee. Other restrictions apply to specific policy options such as the accidental death feature and critical illness feature
Customer Service 
AddressHDFC Standard Life Insurance Company Limited, 13th Floor, Lodha Excelus, Apollo Mills Compound, N M Joshi Road, Mahalaxmi, Mumbai - 400011
Mail To[email protected]
Call On18002669777
SMSLIFE to 56161
Annual Premium (Rupees)
Option for Male
Policy Term (in years)Age (in years)
25303540455055
10287330513787529880591324619842
15288932174057592890741435522698
202885344846416859104511654026187
2530813834533572911253319859-
30341444766170971615386--
Figures indicate premiums on a Rs 25 lakh policy for an age over different policy tenures exclusive of service tax
Annual Premium (Rupees)
Option for Female
Age (in years)
Policy Term (in years)25303540455055
10287329803487465369241114717166
15283030513655514677891221218893
20287032004114594989851376621786
2529573488470568631042716519-
30317739485423809412797--
Figures indicate premiums on a Rs 25 lakh policy for an age over different policy tenures exclusive of service tax