Policy Term	Pay Premium for	Total Premium paid^{^}	Total Savings^#
40 years	40 years	7.03 lakhs	0(0%)
40 years	30 years	5.89 lakhs	1.14 Lakhs(16%)
40 years	20 years	4.84 lakhs	2.19 Lakhs(31%)
40 years	10 years	3.90 lakhs	3.12 Lakhs(44%)
40 years	5 years	3.14 lakhs	4.84 Lakhs(61%)

1-Day Claim Settlement

is available for the following:

. . . . . . . . . . . . . . . . . .

Cumulative claim amount on all policies up to ₹2 crores
1 day claim settlement is exclusively available for policies bought online
Claim does not require field investigation
All requisite documents^# submitted by the nominee before 3 PM on a working day at HDFC Life branches. Intimations beyond 3 PM will be taken up the next business day
HDFC Life will pay an interest^{^} on your death claim amount for every day of delay beyond one working day

T&C Apply

1) For all claims^* fulfilling above mentioned conditions, provided we receive all the required documents, the claim will be processed within one working day and decision will be communicated accordingly. 2) Investigation / Open title / Rival / Court involved Claims are excluded. 3) Policy duration at the time of event is at least >=3 years. 4) Saturday, Sunday, public festivals and non-NAV days (for ULIP) are excluded (not treated as a working day)
^Interest rate would be at 6.25%per annum.

#Documentation Details

Claim form, Nominee photograph, Pan card copy, Identity and Address proof of nominee. (If nominee is minor, documents of appointee to be submitted). Death certificate issued by competent authority for death registrations. Medical cause of death certificate. Cancelled cheque/copy with the name of nominee/appointee mentioned on it as per the passbook of the nominee/appointee. Past & current complete medical records including discharge/death summary, indoor case papers, investigation reports, consultation notes. In case of an accidental death, additional documents will be required. Post Mortem Report, Panchnama, Police Inquest report, First/Final Information report, Viscera/Chemical Analysis report.

Aadhaar Terms and Conditions

I voluntarily opt for Aadhaar based KYC due diligence, Officially Valid Document ("OVD") KYC or e-KYC or offline verification, and submit to HDFC Life my Aadhaar number, Virtual ID, e-Aadhaar, XML, Masked Aadhaar, Aadhaar details, demographic information, identity information, Aadhaar registered mobile number, face authentication details and/or biometric information (collectively, "Information").
I am informed by HDFC Life, that:
1. submission of Aadhaar is not mandatory, and there are alternative options for KYC due diligence and establishing identity including by way of physical KYC with OVD other than Aadhaar and all these options were given to me.
2. For e-KYC/authentication/offline verification, HDFC Life will share Aadhaar number and/or biometrics with CIDR/UIDAI, and CIDR/UIDAI will share with HDFC Life, authentication data, Aadhaar data, demographic details, registered mobile number, identity information, which shall be used for the informed purposes mentioned in 3 below.
I authorise and give my consent to HDFC Life (and its service providers), for following informed purposes:
1. KYC and periodic KYC process as per the PML Act, 2002 and rules thereunder and IRDAI guidelines, or for establishing my identity, carrying out my identification, offline verification or e-KYC or Yes/No authentication, demographic or other authentication/verification/identification as may be permitted as per applicable law, for all insurance policies, facilities, services and relationships of/through HDFC Life, existing and future.
2. collecting, sharing, storing, preserving Information, maintaining records and using the Information and authentication/verification/identification records:
  1. for the informed purposes above,
  2. as well as for regulatory and legal reporting and filings and/or
  3. where required under applicable law;
3. enabling my insurance policy for Aadhaar enabled Payment Services (AEPS)
4. producing records and logs of the consent, Information or of authentication, identification, verification etc. for evidentiary purposes including before a court of law, any authority or in arbitration.
I understand that the Aadhaar number and core biometrics will not be stored/ shared except as per law and regulations. I will not hold HDFC Life or its officials responsible in the event this document is not found to be in order or in case of any incorrect information provided by me.
In case of offline KYC I hereby confirm that I have downloaded the e-Aadhaar myself using the OTP received on my Aadhaar registered mobile number
The above consent and purpose of collecting Information has been explained to me in my local language

Choose language

Accident:

Sudden, unforeseen and involuntary event caused by external, visible and violent means.

Accidental & Total Permanent Disability(ATPD):

When the Life Assured is totally, continuously and permanently disabled *
* Please read the product brochure for complete details specific to your policy.

Accidental Death:

Death by or due to a bodily injury caused by an Accident, independent of all other causes of death.

Agent:

Insurance company representative licensed by the state who solicits, negotiates or effects contracts of insurance, and provides service to the policyholder for the insurer.

Annualized Premium:

Annualized premium shall be the premium amount payable in a year excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.

Annuity:

Periodic payments made by the insurer to the Annuitant for a specified period or till survival.

Annuity benefits:

A series of payments payable at regular intervals, in return of a certain sum paid upfront, under an annuity contract.

Appointee:

The person who is authorized to receive the Sum Assured when the Nominee is a minor.

Assignee:

The person to whom the policy ownership (rights and benefits) is transferred.

Assignment:

A provision wherein the Policyholder can assign or transfer a Policy in accordance with Section 38 of the Insurance Act, 1938.

Assets under Management (AUM):

The total value of Shareholders & Policyholders investments managed by the insurance company.

Authority/ IRDAI:

Insurance Regulatory and Development Authority of India.

Beneficiary:

The person named in the policy to receive the insurance proceeds at the death of the insured.

Cash Bonus:

The bonus amount paid out to the policy holder at specified frequency, as applicable. However, there is No guarantee to the declaration of future rates of the bonus.

Charges:

The amount taken by the insurer towards your insurance cover. These are usually associated with ULIP policies. The % and type of charge depends on different products.
Some of them are Premium Allocation Charge, Policy Administration Charge,Fund Management Charge, Mortality Charge, Premium Redirection Charge, Statutory Charge, Switching Charge, Partial Withdrawal Charge, Discontinuance ChargeThe amount taken by the insurer towards your insurance cover. These are usually associated with ULIP policies. The % and type of charge depends on different products.

Claimant:

The person who is raising the claim request.

Claim:

It is the amount paid by the insurer to the claimant on occurrence of the event as specified in the policy contract eg: The amount that nominee receives on death of life assured is the claim amount.

Claims Process:

It is the intimation of the claimant to the insurer to initiate the settlement of the policy.

COI:

The document issued to the scheme member in group products which contains terms and conditions applicable to the product.

Critical Illness(CI):

Additional cover Is given in case of detection of specified critical illnesses*
*The list is defined in the product brochure. Please read it carefully.Additional cover Is given in case of detection of specified critical illnesses*.

Cut-off time:

The time by which we must have accepted your instructions to invest in, or encash Units from a Fund,at the associated valuation time. As per Regulations, the current Cut-off time is 3.00pm. This is usually applicable to ULIP policies.

Date of Inception:

The date on which the policy was first issued.

Date of Risk Commencement:The date from which the insurance cover starts.

Death Benefit:

The amount which is payable on death of life assured.

Deferment Period:

period from date of inception of the cover till the date on which the first annuity payment is made by the insurer to the Annuitant. This can be chosen by the Annuitant basis his financial needs.

Discontinuance of Policy:

The Policy wherein the Policyholder has discontinued the payment of Premium

Effective Date:

The date from which the Scheme shall first commence as set out in the Policy Schedule.

Endowment Plan:

An insurance policy, that apart from providing life coverage, also pays a lumpsum amount on maturtiy in case the policyholder sruvives the specified term. It pays the full sum assured to the nominees in case of the insured passes away.

Exit Date:

Date on which the coverage stops due to occurrence of any of the following events:
i. Death,
ii. Policy being terminated or lapsed.
iii. Free Look Cancellation.
iv. Payment of Maturity benefit.
v. Surrender.

Extra Life Sum Assured:

The additional sum assured that is paid to nominee in case of death of life assured due to accident**.
This depends on the product. Please read the brochure for complete details.
The additional sum assured that is paid to nominee in case of death of life assured due to accident*.

First year premium:

Premium received during the first year of the contract.

Free Look period:

The specified period during which the policyholder can review the terms and conditions of the Policy and has the option to return the Policy and receive refund.

Frequency of Premium Payment:

It indicates the schedule of your premium payments. eg:
every month (monthly),
once in 3 months (quarterly)
once in 6 months (half-yearly)
once in a year (annually)
one time payment (single)It indicates the schedule of your premium payments eg:
every month (monthly),
once in 3 months (quarterly)
once in 6 months (half-yearly)
once in a year (annually)

Fund Value, Unit Fund Value:

The value obtained by multiplying the number of Units allocated to your Policy by the corresponding price of the Units. This is usually applicable for ULIP products
For eg: No of units - 10, Unit price of each unit - 50
therefore, fund value = 10 * 50 = 500The value obtained by multiplying the number of Units allocated to your Policy by the corresponding price of the Units. This is usually applicable for ULIP products.

Funds:

Each of the Funds earmarked by the Company for Unit Linked business and available to this product

Grace Period:

Extra days allowed to pay the premium post the premium due date without any loss of continuity of benefits. It is 15 days for monthly frequency and 30 days for remaining frequencies.

Group Insurance:

Life insurance usually without medical examination, on a group of people under a master policy. It is typically issued to an employer for the benefit of employees, or to members of an association.

Hospitalisation:

Admission in a Hospital for a minimum period of 24 consecutive In-patient Care hours except for specified procedures/ treatments, where such admission could be for a period of less than 24 consecutive hours.

Injury:

Accidental physical bodily harm excluding Illness or disease solely and directly caused by external, violent and visible and evident which is verified and certified by a Medical Practitioner.

In-patient Care:

Treatment for which the insured person has to stay in a Hospital for more than 24 hours for a covered event.

Intensive Care Unit (ICU):

Ward or wing of hospital which is specially equipped for the continuous monitoring and treatment of patients who are in a critical condition, or require life support facilities Ward or wing of hospital which is specially equipped for the continuous monitoring and treatment of patients who are in a critical condition, or require.

Interim bonus:

The bonus that is paid in the event of a claim(maturity, death or surrender) of a participating policy, for the period from the last declared bonus date. This is paid to provide for the policyholder's share of bonus from the last declared date till the date eligible for bonus, when the claim is payable.

Keyman Insurance:

The life insurance policy taken by an employer on the life of another person who is or was his employee/connected to his business in any manner whatsoever.

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Disclaimer:To read the complete definitions as stated by IRDAI and displayed across this website, you can refer the specimen policy documents here: https://www.hdfclife.com/policy-documents

About HDFC Life

HDFC Life's Total Assets Under Management (AUM)¹³ crossed
₹2,90,000 Cr¹⁴
(For Financial Year 2023-24)
6.6 crore lives insured

(For Financial Year 2023-24)
We have honoured 99.5% Individual Claims!¹⁵

(For Financial Year 2023-24)
1-Day Claim Settlement
We help you claim^* what is rightfully yours with 1 Day Claim Settlement( exclusively available for policies bought online). Know More

What Customers say about us

Ramanathan Hariharan | February 21, 2021

Very knowledgeable marketing team. Quick decision making and quick delivery.

Recommendation Score

Soubhagya Sagar Behera | March 10, 2021

Responded to answers, updated, helped me with alternatives.

Recommendation Score

Kondru Gopi | March 10, 2021

Your executives responding very quickly at every moment.

Recommendation Score

Ashutosh Sonawane | March 01, 2021

Constant feedback from customer care center regarding processing of application made easy way to procure policy online.

Recommendation Score

This site best viewed at 1366 px x 768 px using the latest Firefox, IE, Chrome, Safari versions.

#Total Savings = Total Premium paid (for regular pay) - Total Premium paid (for limited pay). The saving computed is purely in terms of premium paid over the term of the policy and does not account for time value of money & other factors that may happen during this period. It is one of the many features that the product offers and you can opt for it or other variants based on your individual needs.

^∧As per internal data related to HDFC Life Click 2 Protect Life (UIN:101N139V06), product purchased online for FY 2021-22 upto February 2022.

The amount of death benefit depends on the combination of plan option chosen and policy term
Return of Premium (ROP) option is in-built in Income Plus option. For other available options, you have to pay an additional premium over and above the premium payable for the base plan option chosen. This benefit is available for fixed term only and will be provided only incase of survival till policy maturity.
Monthly income is only available under Income Plus option. It starts from the policy anniversary following your 60th birthday and continues until death or policy maturity, whichever occurs earlier
Additional accidental death cover is only available under Life Protect option as Accidental Death Benefit (ADB) Option. This add on option can be opted by paying an additional premium over and above the premium payable for the base plan option chosen
This feature is in-built in Life & CI Rebalance option, where certain cover amount is given incase of diagnosis of covered Critical Illness along with waiver of future premiums. Whereas, in Life Protect Option, only waiver of premium benefit (Waiver of Premium on CI (WOP CI) Option) is available when PPT is at least 5 years and Life Protect Option with Fixed Term is selected. and you have to pay an additional premium over and above the premium payable for the base plan option chosen.
This feature is available in Life Protect and Income Plus Option for age 45 and above.
For income plus option, Return of premiums provided on maturity will be equal to Maximum of (110% of Total Premiums Paid minus total survival benefits[monthly income] paid out, 0). This benefit is available for fixed term only and will be provided only incase of survival till policy maturity.
Total Premiums Paid are the total of all the premiums received, excluding any extra premium, any rider premium and taxes. In case ROP option has been selected, Total Premiums Paid includes premium paid for base plan option and the additional premium paid for ROP option. This benefit is available for fixed term only and will be provided only incase of survival till policy maturity.
Sum Assured on Death is 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 or an absolute amount of benefit which is available to meet the health cover.
Sum Assured on Maturity is the amount which is guaranteed to become payable on maturity of the policy, in accordance with the terms and conditions of the policy.
Basic Sum Assured is the amount of sum assured chosen by the policyholder
Annualized Premium is the premium amount payable in a year chosen by the policyholder, excluding taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.
AUM is the value of assets managed by a company for its customers.
As on 31st March 2024, AUM is Rs. 2,92,220 crore. Data is as per HDFC life Integrated Annual Report FY 2023 - 2024.
Individual death claim settelement ratio by number of policies as per audited annual statistics for 2023-24.
Tax Benefits as per the applicable sections of the Income Tax Act, 1961,. Tax benefits are subject to changes in tax laws.
Online Premium amount for Life Protect option for Regular Pay, Male, Non Smoker, 25 years of age, 60 year policy term, inclusive of taxes and levies as applicable.
Lumpsum amount will be equal to (Total cover amount - survival benefit already paid out).

HDFC Life Insurance Company Limited ("HDFC Life"). CIN: L65110MH2000PLC128245,IRDAI Reg. No. 101

Registered Office:Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011. For purchasing a new policy, you can Email us on buyonline@hdfclife.in and call us on 1800-266-9777 (All days, from 9 am to 9pm). For in-progress applications (post payment), you can email us on onlinequery@hdfclife.in and call us on 1800-266-0315 (All days, from 10 am to 7 pm).

The name/letter 'HDFC' in the name/logo of HDFC Life Insurance Company Limited (HDFC Life) belongs to HDFC Bank Limited and is used by HDFC Life under license from HDFC Bank Limited.

HDFC Life Click 2 Protect Life (UIN:101N139V06) is a non-linked, non-participating, individual, pure risk premium/ savings life insurance plan and HDFC Life Income Benefit on Accidental Disability Rider (UIN: 101B041V01, Form no. R501-21-01) HDFC Life Protect Plus Rider (UIN: 101B040V01) and HDFC Life Health Plus Rider (UIN: 101B031V02) are the names of the riders . For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale. ARN: EC/10/23/5253.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Privacy Policy

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Key Product Features

Death Benefit

Return of premiums paid²

Monthly Income³

All Round Protection

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Aadhaar Terms and Conditions

What Customers say about us

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Benefits / Plan Option	Life Protect	Life & CI Rebalance	Income Plus
Life Cover (Lumpsum)
Critical Illness Cover (Lumpsum)
Critical Illness Cover (Waiver of Premium)	(Available at Extra Cost)	(In-built feature)
Monthly Income
Accidental Death (Additional Cover)	(Available at Extra Cost)
Return of Premium	(Available at Extra Cost)	(Available at Extra Cost)	(In-built feature - For Fixed term)
Whole Life

Benefits \ Plan Option	Life Protect	Insta Protect	Life & CI Rebalance	Income Plus
Life Cover (Lumpsum)
Critical Illness Cover (Lumpsum)
Critical Illness Cover (Waiver of Premium)	(Available at Extra Cost)
Monthly Income
Accidental Death (Additional Cover)	(Available at Extra Cost)
Return of Premium	(Available at Extra Cost)	(Available at Extra Cost)	(Available at Extra Cost)	(In-built feature - For Fixed term)
Whole Life

We need a few details to calculate your premium. Shouldn't take more than few minutes!

Key Product Features

Death Benefit

Return of premiums paid2

Monthly Income3

All Round Protection

Buying days from now will cost you Rs.# more over the policy term.

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HAVE ANY QUERIES?

Aadhaar Terms and Conditions

What Customers say about us

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BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

Return of premiums paid²

Monthly Income³

Buying
days from now will cost you Rs.
^# more over the policy term.