How HDFC Life Click 2 Achieve works to your advantage
Enjoy a Guaranteed1 Immediate Income with the freedom to select the duration of your choice according to specific requirements.
Tailor your plan with customizable options for lump sum, periodic income, or money-back features.
- Choose the desired Death Benefit Multiple that suits your preferences.
Decide the amount of income you wish to receive, perfectly tailored to your needs.
Opt for a Guaranteed1 income that remains consistent throughout the income period or escalates.
Provide peace of mind concerning your child's future, with a built-in premium waiver in case of occurrences like death, critical illness, and total permanent disability.
Acknowledge and reward exceptional achievements with the Outstanding Achievement Award.
Enjoy a Guaranteed1 Immediate Income with the freedom to select the duration of your choice according to specific requirements.
Tailor your plan with customizable options for lump sum, periodic income, or money-back features.
- Choose the desired Death Benefit Multiple that suits your preferences.
Decide the amount of income you wish to receive, perfectly tailored to your needs.
Opt for a Guaranteed1 income that remains consistent throughout the income period or escalates.
Provide peace of mind concerning your child's future, with a built-in premium waiver in case of occurrences like death, critical illness, and total permanent disability.
Acknowledge and reward exceptional achievements with the Outstanding Achievement Award.
Your benefits can vary based on the Plan Option
You can choose any of the two options at inception. Plan option once selected shall remain the same for the duration of the policy:
- Dream Achiever
- Smart Student
Dream Achiever
It offers versatile and comprehensive saving solution, meticulously crafted to effortlessly align with your financial aspirations.
Death Benefit:
-
In case of death of Life Assured during the policy term, the death benefit shall be payable to the nominee.
-
Death Benefit is highest of:
Sum Assured on Death
105% of Total Premiums Paid
Surrender Value on date of death
Where, Sum Assured on Death shall be minimum of 7 times Annualized Premium.
Upon the payment of the death benefit, the policy terminates and no further benefits are payable
Survival Benefit:
-
The amount of survival benefit in each year of benefit payment will be as chosen by the policyholder at inception.
Maturity Benefit:
-
On Maturity, Sum Assured on Maturity shall be payable, as chosen by the policyholder at policy inception. Additionally, the policyholder can choose to receive an income benefit for the duration of income term, which starts on policy maturity date. The income term and amount of income benefit in each year of benefit payment will be as chosen by the policyholder at inception.
On death of the policyholder during the Income Term, the nominee/beneficiary would continue receiving the income benefit till the end of income term
Flexibility to choose inbuilt benefits under this option: To avail below options, additional premium shall be payable.
-
Waiver of Premium on Death (WOP Death)
If this is selected, all future premiums payable under the plan will be waived, on death of the proposer. The contract shall continue and all benefits shall be available as applicable under the policy.
WOP Death can be chosen only at policy inception. Once chosen this cannot be opted out of.
-
Waiver of Premium on CI (WOP CI)
If this is selected, all future premiums payable under the plan will be waived, if the proposer is diagnosed with any of the covered critical illnesses. The contract shall continue and all benefits shall be available as applicable under the policy
WOP CI can be chosen only at policy inception. Once chosen this cannot be opted out of.
-
Waiver of Premium on Total and Permanent Disability (WOP TPD)
If this is selected, all future premiums payable under the plan will be waived, in case of occurrence of total and permanent disability of the proposer. The contract shall continue and all benefits shall be available as applicable under the policy.
WOP TPD can be chosen only at policy inception. Once chosen this cannot be opted out of.
Check Eligibility Criteria
Before buying HDFC Life Click 2 Achieve Plan.
ELIGIBILITY CRITERIA
HDFC Life Click 2 Achieve – Smart Student Option
Eligibility Criteria |
Minimum |
Maximum |
Age at Entry1 (Years) |
0 (30 days) |
13 |
Age at Maturity (Years) |
19 |
23 |
Premium Payment Term (Years) |
5 |
12 |
Policy Term (Years) |
10 |
23 – Non POS 20 - POS |
Survival Benefit Term |
3/4/5 years |
|
Survival Benefit Start Age (Life Assured) |
16 or 18 years |
|
Minimum Sum Assured on Death |
Rs. 50,000/- |
|
Maximum Sum Assured on Death |
No limit, subject to Board Approved Underwriting Policy (BAUP) (Non POS) Rs 25,00,000 (POS) |
|
Maximum Instalment Premium |
No limit, subject to Board Approved Underwriting Policy (BAUP) (Non POS) As per maximum Sum Assured (POS) |
General definitions of terms used:
- Total Premiums Paid: Total of all the premiums received, excluding any extra premium, any riders’ premium and taxes.
- Annualized Premium: The premium amount payable in a year chosen by the policyholder excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.
- Sum Assured on Death: The absolute amount of benefit which is guaranteed to become payable on death of the life assured in accordance with the terms and conditions of the policy.
- Sum Assured on Maturity: The amount which is guaranteed to become payable on maturity of the policy, in accordance with the terms and conditions of the policy
HDFC Life Click 2 Achieve – Dream Achiever Option
Eligibility Criteria |
Minimum |
Maximum |
Age at Entry (Years) |
01 (30 days) |
65 |
Age at Maturity (Years) |
18 |
99 |
Premium Payment Term (Years) |
5 |
35 |
Policy Term (Years) |
5 |
40 |
Minimum Sum Assured on Death |
Rs. 50,000/- |
|
Maximum Sum Assured on Death |
No limit, subject to Board Approved Underwriting Policy (BAUP) |
|
Minimum Instalment Premium |
As per minimum Sum Assured on Death |
|
Maximum Instalment Premium |
No limit, subject to Board Approved Underwriting Policy (BAUP) |
|
Riders |
HDFC Life Income Benefit on Accidental Disability Rider (101B013V03) HDFC Life Critical Illness Plus Rider(101B014V02) HDFC Life Protect Plus Rider (101B016V01) |
1. Risk cover starts from date of commencement of policy and the policy will vest on the Life Assured on attainment of age 18 years
All ages mentioned above are age last birthday.
The minimum premium amounts are exclusive of taxes and levies as applicable.
Not sure which insurance to buy?
Talk to an
Advisor right away
We help you to choose best insurance plan based on your needs
- Provided all due premiums have been paid and the policy in force
- Flexibility to choose Death Benefit, Premium Payment Term, Policy Term, Benefit Structure as per structure chosen by customer
- 1 to 10% Simple Interest per annum, depending upon the increasing income percentage chosen. Applicable for Early income and income structure
ARN- PP/04/24/10486