Pay only @2786 per month, and get a life insurance death benefits, regular payouts, maturity corpus, accidental death benefits, and Disability cover.

 

For just @2786 per month, you can secure comprehensive life insurance coverage. Receive a plan free and customized by a government-certified and authorized HDFC Life insurance advisor, featuring death benefits, regular payouts, and a maturity corpus. Additionally, this plan protects accidental death benefits and disability cover. The proposed plan and its illustration are given below:

Providing both life insurance protection and guaranteed financial returns, HDFC Life Click 2 Achieve is a non-participating, non-linked savings solution. This plan offers versatile payout structures, including lump-sum distributions, immediate income, or an escalating income option that grows by up to 10% annually. Notable advantages include potential tax benefits and a premium waiver feature that activates upon the proposer's death. Furthermore, the illustration provided below incorporates a personal accidental rider for enhanced coverage.

Your policy details:
Plan adopted:	HDFC Life Click 2 Achieve
Category of the plan:	A Non-linked Non-Participating Individual Life Insurance Savings Plan
Plan option selected: (Dream achiever, and smart student)	Dream Achiever
Benefits chosen	Early income
Age of the prospect	28 years
Gender	Female
Policy Term	40 years
Premium paying term	31 years
Rider term	480 months
Rider premium term	360 months
Premium payment frequency: (monthly, quarterly, half-yearly, and yearly)	monthly
Amount of base Premium	@2700 per month
Premium of Rider taken  {LiveWell rider-(PAC-Double Benefit)}	@86 per month
Total premium per month (base premium + rider premium)	@2786 per month

Details and illustrations of benefits: Option -I: maturity benefits  at the end of the policy term - zero Payout term - 10 years Payout frequency (opted) - annual First payout: at the end of the premium payment term (31 years). Guaranteed Survival benefits:  @ Rs. 3,42,484  per annum for 10 years, which will start after the end of the last (31st) premium and will continue at the end of the policy term (40 years). Guaranteed death benefits:
From the 1st policy year to the 18th policy year	Rs. 6,17,143
19th policy year	Rs. 6,46,380
20th policy year	Rs. 6,80,400
21st policy year	Rs. 7,14,420
22st policy year	Rs. 7,48,440
23rd policy year	Rs. 7,82,460
24th policy year	Rs. 8,16,480
25th policy year	Rs. 8,50,500
26th policy year	Rs. 8,84,520
27th policy year	Rs. 9,18,540
28th policy year	Rs. 9,52,560
29th policy year	Rs. 9,86,580
30th policy year	Rs. 10,20,600
31st policy year to last (40th) policy year	Rs. 10,54,620

Details and illustrations of benefits: Option-II:  maturity benefits at the end of policy term: Rs. 4,78,286 Payout term: 10 years Payout frequency: monthly First payout: at the end of the premium payment term (31 years). Guaranteed survival benefits: Monthly payout for 10 years: @ 296,172 /12 Maturity benefit: Rs. 4,78286. Guaranteed death benefits: Same as mentioned in Option I.

Details and illustrations of benefits: Option-III:  maturity benefits at the end of policy term: Rs. 19,13,143 Payout term: 10 years Payout frequency: monthly First payout: at the end of the premium payment term (31 years). Guaranteed survival benefits: Monthly payout for 10 years: @ Rs. 1,96,332/12 Maturity benefit: Rs. 19,13,143 Guaranteed death benefits: Same as mentioned in Option I.

Rider benefits: LiveWell rider-(PAC-Double Benefit): Rider Policy terms- 480 months. Rider Premium payment term - 360 months. Rider sum assured - Rs. 600000 (6 lakh).

Double Benefit: The Double Benefit: A feature of the HDFC Life LiveWell Rider Personal Accident Cover (PAC) provides an enhanced payout specifically for accidental death or disability occurring under defined circumstances. The benefit is doubled from the standard Rider Sum Assured of ₹6,00,000 to 200% of the sum assured, totaling ₹12,00,000. This double payout is triggered if the accidental death or disability occurs under any of the following specific circumstances: Public Transportation: While the Life Assured is riding as a fare-paying passenger on commercially licensed public land transportation over an established route (such as a bus, tram, or train). Taxis or privately chartered transport are excluded. Aviation: When the Life Assured is on a commercial passenger airline on a regular scheduled passenger trip. Elevators: While the Life Assured is in a duly certified elevator car (excluding those in mines, rigs, and on construction sites). Public Building Fire: As a direct result of the burning of specific public buildings only: theatre, cinema, public auditorium, hotel, school, and hospital. Note: This benefit is only available if Option B or Option C of the policy has been opted for.

Clarification-1: Under the HDFC Life LiveWell Rider with Personal Accident Cover (PAC), the "double benefit" feature provides an enhanced payout for accidental death or disability if certain criteria are met. 1. The Nature of the Double Benefit The Double Benefit feature increases the standard PAC payout from the Rider Sum Assured (₹6,00,000) through the following: Enhanced Payment: The benefit is increased to 200%, resulting in a total payout of ₹12,00,000. Qualifying Events: This enhancement is triggered if the disability or death occurs while the insured is using public transport (such as a bus, taxi, or train) or is in an elevator. 2. PAC Benefit Distribution There are several ways the ₹6,00,000 LiveWell Rider benefit can be utilized: Accidental Death: A ₹6,00,000 lump sum is provided to the nominees. Accidental Total Permanent Disability (ATPD): This is typically paid out as a monthly installment of 1% of the sum assured (₹6,000) for a period of 10 years. Accidental Partial Permanent Disability: Payments are determined by a percentage of the total sum assured (for instance, 50% for the loss of a single limb). 3. Overview of Policy Terms: Rider Sum Assured: ₹6,00,000 for standard claims, or ₹12,00,000 when the Double Benefit applies. Duration of Coverage: 40 years (480 months). Duration of Payments: Premiums are paid for 30 years (360 months) to secure the full 40 years of coverage.

Clarification-2: In the event of an accidental death occurring under the specific qualifying conditions for the Double Benefit, the nominee is entitled to payouts from both the base insurance policy and the rider. This comprehensive payout is composed of three distinct elements: Base Policy Death Benefit: The primary sum assured from the main policy is disbursed regardless of the cause of death, excluding standard first-year suicide clauses. Standard Rider Sum Assured: Since the death was due to an accident, the standard rider sum assured of ₹6,00,000 is activated. Double Benefit Increment: If the accident meets specialized criteria (such as occurring on public transportation), an additional ₹6,00,000 is paid, effectively doubling the rider component to ₹12,00,000. Summary of Total Payouts: Main Policy Base Sum Assured (ranges from Rs. 6,17,143 to Rs. 10,54,620 per policy year. Rider (Base) ₹6,00,000 Rider (Enhanced) ₹6,00,000 (Supplemental) Total Payout Base Sum Assured + ₹12,00,000 Key Requirements and Conditions: Death Verification: The supplemental ₹12,00,000 is payable only if death is strictly accidental and occurs within a 180-day window following the event. Activation Triggers: The Double Benefit is limited to accidents in commercially licensed public transit (such as planes, trains, or buses), elevators, or fires in designated public structures like cinemas or hospitals. Standard rider benefits of ₹6,00,000 typically apply to private vehicle accidents. Disability Coverage: If an accident results in Total Permanent Disability instead of death, the rider generally provides a monthly income stream (such as 1% of the sum assured over 10 years) rather than a one-time lump sum.

Clarification-3 The HDFC Life LiveWell Rider includes an Accidental Partial Permanent Disability (APPD) benefit. This provision delivers financial aid if an accident leads to a permanent impairment not classified as "total," such as the loss of one eye's vision or a single limb. With a Rider Sum Assured of ₹6,00,000, the benefit framework is as follows: 1. Payouts Based on Percentage The amount paid is a specific percentage of the Rider Sum Assured, depending on the injury's severity: 50% Benefit (₹3,00,000): Granted for the loss of one limb (leg above the ankle or arm above the wrist) or total blindness in one eye. 75% Benefit (₹4,50,000): Granted for the total and permanent loss of hearing in both ears. Other Permanent Losses: Smaller percentages are applicable for various other injuries, such as: 40%: Loss of four fingers and thumb in one hand. 25%: Loss of hearing in one ear or lens in one eye. 10%: Non-union leg fracture or finger loss. 2. Payment Versatility Policyholders can choose how they wish to receive their funds at the time of the claim: One-Time Payment: The entire eligible sum is paid as a lump sum. Income Stream: The benefit is distributed in fixed monthly installments over a 10-year period. Mixed Option: A portion is paid immediately, with the balance provided as monthly income. 3. PAC-Double Benefit Uplift For policies including the PAC-Double Benefit, payout percentages are doubled if the accident occurs in a public building fire or while using qualifying public transport (like commercial aircraft, buses, or trains). Example: Losing a limb during a public bus accident would trigger a 100% payout (₹6,00,000) instead of the standard 50%. 4. Terms for Termination and Continued Claims Reduction of Limits: Any payments made for partial disability are deducted from the total Rider Sum Assured. Future Entitlements: If a later accidental death or total disability occurs, the remaining rider balance is paid to the insured or their nominee. Coverage End: The rider terminates once the cumulative payouts reach 100% of the sum assured.

Legal Disclaimer and Important Information: Please note that all details provided here have been compiled and summarized using open-source data and AI-assisted tools. Information regarding rider benefits has similarly been aggregated from AI resources and public information. While every effort has been made to ensure the authenticity of this data, the author cannot be held liable for any inaccuracies, omissions, errors, or any consequences resulting from the use of this information. For precise and definitive details, please consult your official policy documents or the company's primary website. Professional Profile: This content is authored by Arvind Kumar, a qualified Life Advisor with HDFC Life Insurance Company. He is a certified professional who has successfully cleared the IC-38 exam conducted by Insurance Institute of India. Get in Touch: Recognizing that life insurance must be customized to your specific needs, Arvind Kumar offers personalized guidance. You may contact him directly via phone or WhatsApp at 9899423601, or by emailing apcsitbranju@gmail.com. For further insights into life insurance, visit his YouTube channel at https://youtube.com/@Arvind-NCR.