Best Term Insurance Plan of HDFC Life | HDFC Life Term Insurance 2022


Best Term Insurance Plan of HDFC Life | HDFC Life Term Insurance October 5, 2022: HDFC Life Insurance, which was started in the year 2000. This life insurance is mainly a joint venture between HDFC Ltd. (Housing development Finance Corporation Limited) and an Investment service provider in the United Kingdom (Known as Standard Life Aberdeen plc).

According to the life insurance policy, In Term Insurance, terms means “Fixed number of years”. In this policy, if an insured individual user, who has terms of life insurance, died during the active period of the policy – then the death benefit will also be paid to nominees of the insured policy.


Best Term Insurance Plan of HDFC Life | HDFC Life Term Insurance 2022




HDFC Life Term Insurance

A basic variant of term insurance has no cash value which means, if the insured person survives the term of the policy, the policy does not return any value, with the exceptions of plans like Return on Premium, etc. (Click here to View Source)


HDFC mainly providing 3 best offers regarding term insurance plans to their users. if you want to customize the HDFC Life term insurance plan, You can change it according to your need and requirements, and also you can add rider protection for extra benefits in additional.



In 2018, HDFC Life (Housing development Finance Corporation Limited) was awarded For The Best Life Insurance Company by BFSI (Banking, Financial Services, and Insurance) Awards.

Also in 2019-20, HDFC Life won the Platinum at LACP (The League of American Communications Professionals) Vision Awards.

And HDFC Life was awarded the 11th Aegis Graham Bell Award due to Innovative digital transformation for Vision AI.

And in 2021, HDFC Life is getting and recognized as a “superbrand”.


And in 2021, HDFC Life is getting and recognized as a “superbrand”.


HDFC Life Insurance, has so many plans Like Saving, Health, Unit-Linked, Retirement, and Term Insurance Plans. and HDFC Life insurance service also provides special plans for women and children.




Benefits of Buying Term Plan

  • High protection on the rate of low premiums
  • Financial security and help (During any accident and critical illness, On any accidental disability or death benefit)


Why You Should Buy Term Insurance?

  • Large cover with Low premium plans
  • Protection from Financial dependencies
  • Insure the assets when primary income earners are absent.
  • Riders Like accidental Death benefits, accelerated death benefit, critical illness rider, waiver of premium rider.


Term Insurance Plans of HDFC Life

If we talk about the Best Term Insurance Plan of HDFC Life, It has 2 types of HDFC Life Term Insurance:

  1. HDFC Life Saral Jeevan Bima
  2. HDFC Life Click 2 Protect Life
    • HDFC Life Click 2 Protect 3D Plus
    • HDFC Life Click 2 Protect Plus
    • HDFC Life Click 2 Protect Health
    • HDFC Life Click2 Protect 3D Plan




HDFC Life Click 2 Protect Life

  • has to option to cover the lifetime or Whole of Life.
  • under income plus plan, from age of 60 – income payout will be started.
  • on Accidental Death, through the ADB option, an additional sum will be assured.
  • if you paid the premiums, you can get it back if you survival till maturaty.
  • if you are a female with a non-tobacco user, and if you live then the special premium rate will be yours.
  • through the WOP CI option, on the critical illness, you will be paid by wavier of premium,


HDFC Life Saral Jeevan Bima

  • You will be free to choose your premium payments (Flexibility option).
  • You will have 3 types of Premium payment options
    • Single-Premium
    • Limited Premium
    • Regular Premium
  • by the Riders, Get Additional Protection.


Types of Term Plan

  • Pure level term insurance plan
  • Return of premium plans
  • Increasing sum assured plan
  • Term insurance plans with income benefit



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