Thursday, 3 May 2018

HDFC Life Click2Invest ULIP Plan | Features & Benefits


HDFC Life Click2Invest ULIP Plan | Features & Benefits

HDFC Life Click2Invest ULIP Plan | Features & Benefits

HDFC Life Click2Invest ULIP plan is a convenient and cost-effective market-linked insurance plan. HDFC Life Click2Invest ULIP plan is a Unit Linked Insurance Plan that offers you market linked returns and charges you minimally. This plan offers financial protection along with a range of investment options. In this post, let us take a look at the features and benefits of HDFC Life Click2Invest ULIP Plan.



HDFC Life Click2Invest ULIP Plan

HDFC Life Click2Invest ULIP plan is an online Unit Linked Insurance Plan that provides your family with valuable financial protection and best meets your investment needs. Along with financial protection, HDFC Life Click2Invest ULIP plan also offers you a range of investment funds. You can choose from among 8 fund options to invest your money.



Features of HDFC Life Click2Invest ULIP Plan

Following are the key features of HDFC Life Click2Invest ULIP Plan
1.  This is an online ULIP plan.
2. There are 8 fund options to choose from as per your investment style.
3. Premium payment options are:
a) Single
b) Limited: 5 years, 7 years, 10 years
c) Regular: same as your policy term
4. Flexibility to choose your policy term from 5 to 20 years.
5. Tax exemption under Section 80C and Section 10(10D) of Income Tax Act 1961.


Eligibility for HDFC Life Click2Invest ULIP Plan
HDFC Life Click2Invest ULIP Plan | Features & Benefits


Various fund options in HDFC Life Click2Invest ULIP Plan?

There are 8 different fund options to choose from in HDFC Life Click2Invest ULIP Plan. Each fund has its own Investment policy, based on asset allocation. You can invest your money in a combination of funds by allocating your fund between different fund options. You can choose either all or a combination of the following funds:
1. Equity Plus Fund
2. Diversified Equity Fund
3. Blue Chip Fund
4. Opportunities Fund
5. Balanced Fund
6. Income Fund
7. Bond Fund
8. Conservative Fund
You can also switch between funds using fund switch option at any time.


Benefits under HDFC Life Click2Invest ULIP Plan

1. Death Benefit
In case of the policy holder’s unfortunate demise, HDFC Life will pay to the nominee the highest of the following:
a) Sum Assured
b) Fund Value
c) 105% of the premium(s) paid
The policy will terminate thereafter and no more benefits will be payable.
2. Maturity Benefit
On survival till the end of policy term, the policyholder will receive the Fund Value as Maturity Benefit.
3. Charges
a) Zero premium allocation charge.
b) Zero policy administration charge.
c) Fund management charge @1.35% p.a. of the fund value charged daily.
d) Mortality charge levied every month for providing you with the death benefit in your policy. The amount of the charge taken each month depends on your age and level of cover.
e) Zero discontinuance charge.


Termination of HDFC Life Click2Invest ULIP Plan

You can surrender your policy subject to a lock-in period of 5 years. No discontinuance charge is charged in this policy.


Revival of HDFC Life Click2Invest ULIP Plan

A discontinued HDFC Life Click2Invest ULIP Plan can be revived within two consecutive years from the date of discontinuance of the policy, subject to payment of all due and unpaid premiums and HDFC Life underwriting policy.



Why you need HDFC Life Click2Invest ULIP Plan?

1. Potential of benefitting from market-linked returns.
2. Stay invested longer to achieve your financial goals.
3. Achieve financial growth as well as protect your family.





Also read: HDFC Life cancer care policy | Features & Benefits

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HDFC Life Click2Invest ULIP Plan | Features & Benefits



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