HDFC Life Health Assure Plan

HDFC Life Health Assure Plan

Features:

• Health Plan with unique benefit of 3 years premium guarantee i.e no change despite claims in any given year.
• Life long renew-ability without fresh medical declaration at each renewal if no policy alternation.
• Multiplier benefit where cover increases by 50% in year if there is no claim. Doubles the cover in 2 years!
• Provides option to restore 100% of your Sum Insured in case the benefit is exhausted in a policy year.
• Offers more flexibility while selecting room, as there is no sub-limit on room rent.

Benefits:

• Covers parents and parents-in-law in family floater.
• Cashless Claim Service at specified network hospitals across India.
• Comprehensive Mediclaim plan including Hospital Cash*, Wellness* and Maternity Benefit - all in one plan!
• Wellness Benefit for Gold Plan option - get Health Check up vouchers in 2nd policy year of every 3 year term.
• Simplified underwriting with short medical questionnaire.

Features and Benefits of HDFC Life Health Assure Plan:

Choice of plan option 

• You can select either Silver Plan Option or Gold Plan Option. Your sum insured will be as per the plan option.

Choice of plan type 

• You can choose either Individual or Family Floater.

Family Floater 

• You may cover your spouse, children, both parents and parents-in-law.
• Premium Guarantee for 3 years even if you make a claim.

Guaranteed Lifetime Renewability 

• If you pay the premiums in time and the policy continues without any break in cover, then the plan offers guaranteed renew-ability for lifetime. See the product brochure for details.

Benefits include the following as per the plan option selected

• In-patient hospitalization benefit
• Day care benefit
• Pre and post hospitalization benefit
• Emergency ambulance benefit
• Donor expense benefit
• Maternity benefit
• Hospital cash benefit

Optional Benefit:

• Restore Benefit
• Room Rent Enhancement

The plan provide you an option to choose from our 2 more optional benefit:

Restore Benefit:

Restores the original sum Insured if the due to claims made benefits (sum Insured & multiplier benefit if any) are exhausted in a policy year. This is an optional benefit and can be opted at inception by paying extra premiums. See the product brochure for details.

Room Rent Enhancement:

Option to eliminate the sub-limits of 1% on room rent as long as standard private room is selected and provides you with more flexibility to choose room. This is an optional benefit and can be opted at inception by paying extra premiums. See the product brochure for details.

• Cashless Claim Service at specified network hospitals across India
• Hassle free Claim Reimbursement Process

Wellness benefit for Gold Plan Option - get health check up vouchers

Multiplier Benefit:

• Annual limit increases by 50% of sum insured after one claim free year and 100% after 2 consecutive claim free years
• No extra premium for increased cover due to multiplier benefit

Premium Guarantee:

• Premium guaranteed for 3 years policy term, during which no change in premium due to increase in age of live insured and even in case of claims
• Premium reviewed at the end of policy term and new premium based on the attained age of lives insured and the then prevailing premium rate table

Renewability for Lifetime:

• Assurance that the cover will not stop in old age
• No need of fresh medical underwriting at each renewal if policy is continued without break

Coverage for all your loved ones:

• Cover your spouse, children, both parents and parents-in-law with family floater plan type

Comprehensive Coverage:

• Inpatient hospitalization benefit
• Day care benefit
• Pre and post hospitalization benefit
• Donor expense benefit
• Emergency ambulance benefit
• Hospital cash benefit (Gold Plan Only)
• Wellness benefit (Gold Plan Only)
• Maternity benefit (Family Floater Gold Plan Only)

Notes: There is no benefit on maturity. This product does not offer any benefit on death. Subject to continuity of policy with no break in cover, at the then prevailing premium rates and the then prevailing product terms and conditions.

Also see HDFC Life Click2Protect Plus Plan

Eligibility:

Plan Type-Individual
Plan Option-Silver sum Insured	3 lacs
Gold sum Insured	5 lacs
Plan Type-Family Floater
Plan Option-Silver sum Insured	3-5 lacs
Gold sum Insured	7-10 lacs

You have Flexibility to customize a plan as per your and your family's needs

Plan Details:

Age and policy term limits for HDFC Life Health Assure Plan Are as Follows:

Minimum entry age for Adults and Policy holder	18 years
Minimum entry age for Dependent Children	91 days
Maximum entry age for both	70 years
Policy Term	Whole Life
Premium frequency	Annual

Age has to be taken as of "last birthday" basis

Commission for Life Insurance:

As per RBI circular: RBI/2009-10/225 dated November 16, 2009, following are the details of the comparative commission earned by HDFC Bank from Insurance (Life), whose products are being distributed:

Commission, Brokerage and trail from Life Insurance:

Category	First Year Commission		2nd year Renewal commission
	Min	Max	Min	Max
Health	2%	25%	0%	7.50%
Pension	2%	7.50%	0%	2%
Protection	2%	35%	0%	0%
Savings & Investment	0%	35%	0%	3%
Group Product*	2%	2%	0%	0%

Note: The commission varies depending upon the Product in each category, tenure, amount of premium and premium paying term.

For Group Products commission payable is 2% of the premium with a ceiling on the maximum payout as defined by Insurance Regulatory and Development Authority of India (IRDAI) from time to time.

Source : insurancboom.com

HDFC Life Click2Protect Plus Plan

HDFC Life Click2Protect Plus Plan

Features:

• Provides comprehensive protection to you and your family with the choice of plan options.
• Choose from – Life Option, Extra Life Option, Income Option and Income Plus Option.
• Provides policy term of 10 to 40 years as per the cover required with option of regular, limited and single Premium Paying Term option.
• Discounted premium rates for non-tobacco users.

Benefits:

• With Life Stage Protection feature, you can increase your insurance cover on certain key milestones of your life without fresh medical test
• The plan provides option to secure your family’s future by way of lump sum benefit and monthly income under various plan options
• Enjoy tax benefits under sections 80C and 10(10D) of Income Tax Act, 1961.

Features and Benefits of HDFC Life Click2Protect Plus Plan:

Death benefit under the plan is:

a. Single Premium Policy: Higher of:

• 125% of single premium
• Sum assured

b.Regular Premium Policy : Higher of:

• 10 times the annualized premium
• 105% of all the premiums paid as on date of death
• Sum assured

Life Option:

• The death benefit specified above is paid as lump sum on death

Extra Life Option:

• In addition to the death benefit mentioned above, an additional benefit equal to sum assured is payable in case of death due to accident

Income Option:

• 10% of the Death Benefit paid as a lump sum upon death
• remaining 90% of the Death Benefit shall be paid as monthly income over next 15 years (0.5% of Death Benefit every month for 15 years

Income Plus Option:

• 100% of the death benefit specified above shall be paid as a lump sum upon death
• In addition, a monthly income equal to 0.5% of the sum assured shall be payable for a period of 10 years
• The monthly income can be level or increasing at 10% p.a. as chosen by the policyholder

Life Stage Protection Feature:

This is only available with Life Option. Under this option, you can increase your cover at key milestones like marriage, first child birth and second child birth without a fresh medical test. Please refer to the product brochure for details, term and conditions of this feature.

Also see Cancellation or Change in name of nominee in life insurance policies

Eligibility:

Minimum – Maximum entry age	18 – 65 years
Minimum – Maximum maturity age	28 – 75 years
Minimum – Maximum policy term	10 – 40 years
Premium Paying Term	Regular, limited or single
Premium Paying Frequencies	Annual, Half- yearly, quarterly or monthly
Minimum – Maximum Sum Assured	Rs. 25 lakh – No limit subject to satisfactory underwriting

For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult your Relationship Manager before taking a decision.Age has to be taken as of "last birthday" basis.

Commission for Life Insurance:

As per RBI circular: RBI/2009-10/225 dated November 16, 2009, following are the details of the comparative commission earned by HDFC Bank from Insurance (Life), whose products are being distributed:

Commission, Brokerage and trail from Life Insurance

Category	First Year Commission		2nd year Renewal commission
	Min	Max	Min	Max
Health	2%	25%	0%	7.50%
Pension	2%	7.50%	0%	2%
Protection	2%	35%	0%	0%
Savings & Investment	0%	35%	0%	3%
Group Product*	2%	2%	0%	0%

 Note: The commission varies depending upon the Product in each category, tenure, amount of premium and premium paying term

*For Group Products commission payable is 2% of the premium with a ceiling on the maximum payout as defined by Insurance Regulatory and Development Authority of India (IRDAI) from time to time.