Death Benefit + Terminal Illness + Waiver of Premium
for Accidental Total Permanent Disability + Protection for whole life + Waiver of Premium upon diagnosis of the specified critical illness + Protection for whole life
Before proceeding further, let us understand
what Accidental Total Permanent Disability & Terminal Illness mean in HDFC Life Click 2 Protect 3D Plus term insurance plan as these are a feature of all plan options.
All future premiums are waived
on accidental total permanent disability (available under all options) and on the diagnosis of critical illness (available under 3d life & 3d lifelong protection options).
In - case of death or
accidental total permanent disability, a guaranteed monthly income of 1 per cent of the sum assured (12 per cent per annum) is paid till the end of the policy term or at least for a period of 10 years, whichever is higher.
The plan provides life cover combined with benefit on accidental death,
accidental total permanent disability & critical illness and benefit of waiver of premium, depending on the variant opted by you.
Benefit in case of Death or
Accidental Total Permanent Disability — In the case of Death or Accidental Total Permanent Disability of the insured, the nominee starts receiving Guaranteed Monthly Income from the next month, and continues for the next 6, 8 or 12 years depending on the chosen option.
Bonuses — Any Simple Annual Reversionary Bonuses get accrued to your plan from the end of the first year of the policy and are eligible to be paid upon Maturity, Death or Accidental Total Permanent Disability
The term plan provides life cover combined with benefits on accidental death,
accidental total permanent disability and critical illnesses and benefit of Waiver of Premium, depending on the variant opted by you.
On the occurrence of
an Accidental Total Permanent Disability of the Life Assured the remaining premiums under this policy would be waived off, while the other insurance benefits will continue.
Shield Plus - Shield Plus provides life coverage plus waiver of premium benefit to the insured in case of
accidental total permanent disability.
Life Cover with inbuilt Waiver of Future Premiums payable on Accidental Total and Permanent Disability: If the policyholder suffers from
an accidental total permanent disability, all the future premium till the end of policy term or death of policyholder, whichever is earlier, shall be waived and paid by the company itself.
Death /
Accidental Total Permanent Disability: If the insured dies within the policy term or gets accidental total permanent disability (ATPD), he will be eligible for the higher of sum assured plus non-guaranteed revisionary bonuses and terminal bonuses, if any or 105 % of all premiums paid as on date of the death.
Non-guaranteed revisionary bonuses and terminal bonuses, if any, that get accrued from the completion of the first year of the policy shall also be paid at the time of maturity, death or accidental total permanent disability
Accidental & Total Permanent Disability (ATPD): In case the life assured suffers
an accidental total permanent disability, all future premiums payable under the term plan will be waived off.
This plan also cover
accidental total permanent disability (ATPD) throughout the term of policy.
Your future premiums are waived upon
Accidental Total Permanent Disability (ATPD).
Also, your future premiums are waived upon
Accidental Total Permanent Disability.
Also, your future premiums are waived upon
Accidental Total Permanent Disability (ATPD).
In addition to the death benefit, the future premiums are waived off in case of
Accidental Total Permanent Disability and upon diagnosis of the specified critical illness.
Death Benefit + Terminal Illness + Waiver of Premium for
Accidental Total Permanent Disability + Accidental Death Benefit + Regular Income to the nominee (as per plan specifications)
In the event of Accidental Death, the amount is payable as a lump sum and in case of
Accidental Total Permanent Disability, the amount is payable in 10 equal annual installments.
Insurance Benefit Payable: In the event of death or
Accidental Total Permanent Disability (whichever is earlier), provided the policy is in force & all premiums have been paid, the insurance benefit is paid out which is higher of the following
Death Benefit + Terminal Illness + Waiver of Premium for
Accidental Total Permanent Disability + Regular Income to the nominee (Level / Increasing)
The future premiums are waived off in case of
Accidental Total Permanent Disability.
In addition to the death benefit, the future premiums are waived off in case of
Accidental Total Permanent Disability.
Death Benefit + Terminal Illness + Waiver of Premium for
Accidental Total Permanent Disability + Protection for whole life
Death Benefit + Terminal Illness + Waiver of Premium for Accidental Total Permanent Disability
Death Benefit + Terminal Illness + Waiver of Premium for
Accidental Total Permanent Disability + Waiver of Premium upon diagnosis of the specified critical illness
Potential Upside through Bonuses: Non-Guaranteed Simple Annual Reversionary Bonuses (if any) get accrued to the policy from the end of 1st policy year and get paid out on Maturity, Death or
Accidental Total Permanent Disability.