Why Invest in HDFC Life Click 2 Invest- Ulip (C2I)?

Personalised fund portfolio guidance

Based on your personal details like age, marital status, and details of family, income, expenses and future needs, you can get personalised online fund recommendations.

Performance updates

You get to track the progress of your investments through monthly updates, such as email and SMS, and on any developments in matters of regulation or taxation.

Updates on market trends

You receive regular updates on major developments and outlook of the market, be it debt, equity or both, in which your fund has invested.

Benefit of fund manager recommendations

C2I investors receive regular recommendations on managing their funds. These are prepared by in-house research analysts. This helps fine-tune investments to meet individual needs.

Instant fund switching and premium re-direction

C2I allows investors to move their invested money among the 10 funds, instantly and online. Future premiums can also be re-directed to the selected funds in a new proportion.

Fund switching

C2I offers a choice of 10 funds to invest and manage your investment risks better. You can take higher risks with funds investing more in equity when you are young, and move to a lower-risk fund, using the switching facility, as you near your goal. You can do up to 4 switches a year free of charge.

Funds suited for different needs

You can go for funds based on your need, risk appetite, the time left in the policy term and, your requirement. For higher growth of money, you need 8-10 years or more and can choose from aggressive equity fund options, such as Equity Plus, Diversified Equity Fund, Blue Chip Fund and Opportunities Fund. Other lower-risk funds, such as Conservative Fund, Bond Fund and Income Fund are for lower risk requirements, such as securing gains made early in the Ulip's term. If you prefer a mix of higher risk with conservatism, there is the option of Balanced Fund.

Premium re-direction

You can distribute your premium among the funds of your choice. Each time you pay your premium, it is directed to the funds of your choice in a proportion determined by you. You can change this proportion by making a premium redirection request. This is free of cost at least four times a year. Further requests would come at a charge of Rs 250 per request with Rs 25 charged for requests made through the HDFC Life website.

Choice of premium payment frequency

C2I offers you the flexibility to decide the premium payment frequency that works best for you. You can pay premiums every year, semi-annually, quarterly or monthly.

Securing future with investment & insurance combo

The combination of life insurance and investment helps you secure life's most important dreams, be it your child's higher education or your retirement. Life insurance ensures that the future of your loved ones is secure even in your absence. The flexible, low-cost and process-driven investments help you accumulate ample savings for any need.

Illustration
An insurance and investment combination provided by a unit linked insurance plan (Ulip) is much like an umbrella to your family on a rainy day. Imagine you and your family walking to your favourite restaurant when suddenly it starts raining. You will open the umbrella to protect your family. Now, imagine the scene if suddenly you were not to be there. The life insurance coverage in Ulip ensures that the life insurance company provides the umbrella as the family heads for the restaurant. What's more, it helps the family pay the restaurant bills by making your money grow.

Benefit of well-managed risks

As the saying goes: don't put all your eggs in one basket, fund managers of C2I, too, follow this time-tested investment principle to ensure the investment risks are managed well. To do this, fund managers first ensure that your money is spread across different asset classes, such as debt, equity and cash. They increase or decrease investments in asset classes depending on the current situation and prospects. Even within the asset classes, the investments ensure that risks are managed well while meeting each fund's objectives.

High investment acumen edge

C2I fund managers are top-notch professionals who are supported by talented researchers, who provide in-depth research for each investment decision. This is further supplemented by due diligence on the organisations where the investments are directed to.

Advantage of dynamic decision-making

Fund managers continuously track the markets and adjust the portfolio of investments according to the existing and emerging conditions. Backed by top-grade research, fund managers are able to exploit emerging investment opportunities, be it in equities or debt.

A Ulip with no policy allocation or administration charges

Most Ulips have either or both of premium allocation and policy administration charges, which average around 4% during the first 5 years, and then around 2% till the end of the premium paying term. C2I is one of the products currently available in India, which has no policy allocation or administration charges. This means more of the premium gets invested for growth and you save much more.

No discontinuance charges

Most life insurance plans have a discontinuance fee if you stop paying a premium and do not revive the policy within the next two consecutive years. C2I investors don't have to pay any such charge. So, after unavoidable circumstances where policy gets discontinued, you get the value of your fund after maturity or surrender, without any deductions.

Low annual Fund Management Charge (FMC)

A low Fund Management Charge (FMC) of 1.35% p.a. is levied in C2I. This is among the lowest fund management charges. Also, it is charged on a daily basis, and so, does not impact the fund value significantly at once. Again, the lower charges effectively enhance the growth of your money and help you save more.

Low mortality charges

Every life insurance plan charges the policyholder mortality charges for providing life insurance coverage. In C2I, not only is this charge low, it also gradually comes down during the term of the plan.