About HDFC Life Click 2 Protect Supreme
HDFC Life Click 2 Protect Supreme is a term insurance plan built to adapt to your life’s changing needs. It offers comprehensive protection, flexible benefit options, and innovative features that go beyond a simple lump sum payout. Whether you are just starting your career, have a growing family, or want to ensure your loved ones are financially secure in the long run, this plan offers multiple ways to safeguard their future.
Key Features
Three Plan Options
Choice of Life, Life Plus, and Life Goal options.
Life Stage Protection
Increase cover without fresh medical tests on major milestones.
Flexible Payout
Choose lump sum, regular income, or a mix of both.
Accidental Death Cover
Additional payout in the Life Plus option.
Parent Protect Care
Ensure regular payouts for dependents over many years.
Multiple Premium Options
Single, Limited, and Regular premium payment options.
Plan Options and Key Benefits
| Plan Option | Key Benefits |
|---|---|
| Life | Provides death benefit during the policy term, payable as per your chosen payout option. Can be accelerated on diagnosis of terminal illness. |
| Life Plus | All benefits of the Life option, plus an additional payout in case of accidental death during the policy term. |
| Life Goal | Death benefit varies with the policy year, based on ‘Level Cover Period’ and ‘Amortisation Rate’ chosen by the policyholder. |
Plan Eligibility
| Criteria | Life | Life Plus | Life Goal |
|---|---|---|---|
| Min. Age at Entry | 18 years | 18 years | 18 years |
| Max. Age at Entry | 84 years | 65 years | 65 years |
| Min. Age at Maturity | 18 years | 18 years | 23 years |
| Max. Age at Maturity | 85 years | 85 years | 85 years |
| Min. Policy Term | Single Pay: 1 month Regular Pay: 2 years Limited Pay: 3 years | Single Pay: 1 month Regular Pay: 2 years Limited Pay: 3 years | Single Pay: 5 years Limited Pay: 7 years |
| Max. Policy Term | 85 years – Age at Entry | 85 years – Age at Entry | 85 years – Age at Entry |
Parent Protect Care – A Unique Income Protection Feature
While most term insurance plans offer a single lump sum payout, Parent Protect Care ensures your nominees have a sustained flow of income for years after your demise. This feature is particularly helpful if your family relies on regular monthly or yearly income for daily expenses.
How it Works
- At policy inception, you choose what proportion of the death benefit is paid as a lump sum and what portion is kept aside as regular payouts.
- At least 20% of the death benefit must be allocated for regular payouts.
- The balance death benefit is calculated after deducting the lump sum amount from the total death benefit.
- Regular payouts continue until at least one nominee is alive. If one nominee passes away, the surviving nominee continues to receive payments.
- You can choose payout frequency – yearly or monthly.
Payout Percentages
| Entry Age of Nominee | Yearly – 1 Nominee | Yearly – 2 Nominees | Monthly – 1 Nominee | Monthly – 2 Nominees |
|---|---|---|---|---|
| 50 to 64 years | 5.00% | 4.00% | 0.40% | 0.32% |
| 65 years & above | 6.00% | 5.00% | 0.48% | 0.40% |
*If there are two nominees, the younger nominee’s age will be considered.
This feature ensures financial stability for your family rather than overwhelming them with a single large payout that could be difficult to manage.
Who Should Buy This Plan?
- Young earners looking for affordable long-term cover.
- Parents who want to ensure a stable income flow for dependents.
- Families with non-financially savvy members who may not manage a large lump sum.
- NRIs seeking a reliable term insurance plan from a leading Indian insurer.
- Anyone who wants flexibility in coverage and payout structure to match life goals.
Frequently Asked Questions
Disclaimer: This information is not a contract of insurance. Please refer to the official Policy wording document for precise terms and conditions. All benefits are subject to policy terms and underwriting.