HDFC Life Click 2 Invest ULIP

HDFC Life Click2Invest ULIP - Online Unit Linked Insurance Plan

HDFC Life Click2Invest - ULIP is a online Unit linked plan in India that offers you market linked returns,charges you minimally, provides your family with valuable financial protection and best meets your investment needs.

What is this product about?
Meet your investments needs while providing your family with valuable financial protection with ULIP. HDFC Life Click2Invest - ULIP is an online Unit Linked Plan in India that offers you market linked returns.

Why you need this plan ?
1. Potential of benefitting from market-linked returns
2. Stay invested longer to achieve your financial goals
3. Achieve financial growth as well as protect your family

Features
1. 11 fund options to choose from as per your investment style

2. Premium Payment options of
1. Single
2. Limited: 5 years, 7 years, 10 years
3. Regular: same as your policy term

3. Flexibility to choose your policy term from 5 to 20 years

4. Tax Benefits1 under Section 80C and Sec 10(10D) of Income Tax Act 1961

1Subject to provisions as per Income Tax Act, 1961. Tax Laws are subject to change.

Benefits

Here is what you can avail of with HDFC Life Click 2 Invest-ULIP

1. Death Benefit

In case of the Life Assured's unfortunate demise, we will pay to the nominee the highest of the following:

1. Sum Assured,
2. Fund Value,
3. 105% of the premium(s) paid.

The policy will terminate thereafter and no more benefits will be payable.

2. Maturity Benefit

On survival till the end of policy term, you will receive your Fund Value as Maturity Benefit.

3. Charges

1. Premium allocation charge - Nil.

2. Policy administration charge - Nil.

3. Fund Management Charge -
1. 0.80% p.a. of the fund value, charged daily for Secure Managed Fund.
2. 1.35% p.a. of the fund value, charged daily, for all other funds.
3. 0.50% p.a. of the fund value for Discontinued Policy Fund.

4. Mortality Charge - levied every month for providing you with the death benefit in your policy. This charge will be taken by cancelling units proportionately from each of the fund(s) you have chosen

5. Discontinuance charge - Nil. Please note it is always advisable to pay premiums for the full premium paying term and stay invested for the full policy term in order to enjoy maximum benefits.