Secure your family with a plan

designed to protect your way of life!

NEW

Click 2 Protect Elite Plus

A Non-Linked, Non-Participating, Individual, Pure Risk Premium/
Savings Life Insurance Plan
 Key Features

Provides financial protection to

your family

Get back all premiums paid with

Smart Exit Benefit1

Option to defer premiums by up to

12 months with Premium Break Benefit2

Get back all premiums paid on survival till

maturity with Return of Premium3 option

Accelerated instant death benefit of

INR 5 Lakhs with Immediate Payout on
Claim Intimation4

1
This option can be exercised in any policy year greater than 25, but not
during the last 5 policy years.
2
Applicable only after completion of 5 policy years for a maximum of 12 consecu-
tive months at a time with a minimum gap of 5 years between each request,
subject to a written request at least 30 days (15 days in case of monthly mode
policy) in advance, and payment of all outstanding premiums along with next due
premium.
3
Available on payment of additional premium(s)
4
Applicable for all in force policies after a waiting period of 1 year, with a base sum
assured of INR 2 crore or more. Claim Payout would be restricted to INR 5 Lakhs.
Rest of the claim amount would be released after completion of investigation.
In this day and age of uncertainty, it is crucial to stay protected and
secure your family’s future against any ambiguity that life may bring.
To help cope with these uncertainties, HDFC Life is proud to present
HDFC Life Click 2 Protect Elite Plus, a unique term plan that helps you
and your family stay truly protected.
Eligibility:
Min. Age at Entry 18 years
Max. Age at Entry 45 years
Min. Age at Maturity 28 years
Max. Age at Maturity 85 years
Min. Policy Term For 5- Pay & Regular Pay: 10 years
For 10-Pay: 15 Years / For 15-Pay: 20 Years
Max. Policy Term 40 years, subject to Maturity Age
Premium Payment Term Limited Pay: 5-Pay, 10-Pay, 15-Pay
& Regular Pay only
Min. Basic Sum Assured INR 50,00,000
Max. Basic Sum Assured There is no maximum limit. However, the
acceptance of any case is subject to
Board Approved Underwriting Policy(BAUP).

All ages are expressed as on last birthday. For all ages, risk commences
from the date of inception of the contract.
Minimum/Maximum premium will be consistent with
Minimum/Maximum Sum Assured. For non-annual modes, premiums
paid are calculated as: annual premium multiplied by a conversion
factor as given below:
Frequency Conversion Factor
Half-yearly 0.5100
Quarterly 0.2600
Monthly 0.0875
The product can also be purchased online via company website.
Benefits payable under the plan:
The life assured is covered for death benefit during the policy term.
Example: Mr. Bansal, a 30 years old gentleman, buys HDFC Life Click 2
Protect Elite Plus for a
policy term of 30 years, 10-Pay, and avails a level cover of INR
2,00,00,000 by paying a premium of INR 31,369 for 1st year and INR
37,794 from second year onwards annually (excluding taxes).Mr.
Bansal passes away in the 7th policy year. His nominee will receive a
lump sum benefit of INR 2,00,00,000.
Total Premiums Paid: INR 2,58,133
On death of the LIfe Assured
during the 7th Policy Year, a
lumpsum benefit of INR 2,00,00,000
is paid out to the nominee

0 1 2 3 4 5 6 7

0
Policy Starts
Policy Terminates
Annualized Premium
INR 37,794 from Policy Term
2nd year onwards (30 years)

Annualized Premium
of INR 31,369 in First Year

Death Benefit:
“Death Benefit” is payable as a lump sum if life assured dies during
the policy term. It is the highest of:
Basic Sum Assured; or
10 times the Annualized Premium; or
105% of Total Premiums Paid
Where,
a) 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.
b) Total Premiums Paid are the total of all the premiums received,
excluding any extra premium, any rider premium and taxes. Where
additional options have been selected, Total Premiums Paid
includes premium paid for base option as well as the premium paid
for additional options selected.
c) 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.
d) Basic Sum Assured is the amount of sum assured chosen by the
policyholder.
e) 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.
Maturity Benefit:
On survival until Maturity, Sum Assured on Maturity (if applicable) will
be payable, which will be equal to 100 % of the Total Premiums Paid, if
Return of Premium option is selected, Nil otherwise.
Additional benefits available under the Product:
1) Option to alter premium frequency
The policyholder has the option to alter the premium frequency
during the premium payment term.
2) Return of Premium (ROP) Option
If this option is chosen, policyholder will have to pay an additional
premium over and above that payable for the base plan and he/she
will receive a return of 100% of the Total Premiums paid as lump sum,
upon survival till maturity.
This additional option can be chosen only at policy inception and will
be available only where:
• Policy term is between 10 and 40 years for Regular Pay and 5 Pay.
• Policy term is between 15 and 40 years for 10 Pay.
• Policy Term is between 20 and 40 years for Premium Paying Term
– 15 years.

To avail this option, additional premium shall be payable. Once

chosen, the policyholder doesn’t have the option to opt out of this
benefit.
3) Renewability Option at Maturity
At maturity, the policyholder can choose to extend the term of their
policy. The additional premium payable for the extended term will be
based on the following:
• Attained age at the time of renewability
• The chosen increase in policy term
The premium rates applicable for renewability shall be guaranteed at
policy inception. However, the availability of this option is subject to
BAUP. This option will be available only where:
• Premium payment term is Regular Pay
• ROP Option is not selected
4) Immediate Payout on Claim Intimation
In case of death of the life assured, post completion of waiting period
of 1 policy year, from the risk commencement date or revival of the
policy and provided the policy is in force , upon receipt of intimation of
death claim (along with the required supporting documents as may
be specified from time to time) an accelerated instant Death Benefit of
INR 5 Lacs will be paid within 1 (one) working day from the claim
registration date as gesture to provide interim support.
The remaining sum assured shall be payable post the completion of
the claim investigation.
The acceleration of immediate claim payout benefit should not be
interpreted as acceptance of the claim, the company reserves the
right to repudiate/reject upon complete evaluation of claim.
Further, in case of any discrepancy in the claim investigation resulting
in the final decision of non-payment of the claim, the Company
reserves the right to recover the already paid amount.

In the event of death of the life insured during the premium break
benefit the Company will first deduct the deferred amount from above
applicable accelerated death benefit and pay the balance, if any.

Please refer the Policy Document for complete details on the

submission of supporting documents for immediate payout on claim
intimation.

5) Premium Break Benefit

If the policy has completed at least five (5) policy years from the risk
commencement date and all the due premiums have been received in
full and the policy is in force, then, the policyholder upon submitting a
prior written request to the Company at least 30 days (15 days in case
of monthly mode) in advance before the next policy anniversary, the
policyholder shall be allowed to have a premium break benefit under
the policy for a period extending up to 12 months from the due date of
first unpaid premium (“premium break benefit period”).
During this premium break benefit period, the premium (including any
additional premium for the other inbuilt benefits, any underwriting
extra premium, loadings for modal premiums, applicable taxes, cesses
and levies, etc. if any) due and payable for the said period shall be
deferred (“deferred amount”) but the risk cover under the policy shall
continue as per the terms and conditions of the policy. In case of any
claim under the policy on the happening of any insured event during
this period, the Company shall pay the eligible claim under the policy
after deducting all the deferred Amount.
This benefit option is available subject to the following conditions:
1. The policyholder shall be required to submit a written request at
least 30 days (15 days in case of monthly premium paying mode and
30 days in case of other modes) in advance each time, the
policyholder intends to opt for the above benefit. If a premium
(including applicable taxes, cesses and levies, etc. if any) remains
unpaid with no prior request, the policy, shall be subject to the lapse
at the end of the grace period, subject to the terms and conditions
as stated in Part D of the Policy Document.
2. This benefit option shall be available for multiple times. However,
there shall be a gap of at least 5 policy years between two
premium break benefit periods.
3. If the policyholder exercises the premium break benefit in the last 5
policy years, then the next premium break benefit shall not be
allowed.
4. The premium break benefit shall not be available during the last
policy year of the premium payment term.
5. The benefit is available to all premium payment terms except
single pay.
6. This benefit is applicable for the base policy and rider policy , if any
7. The policyholder shall pay the deferred amount at the end of or
during the premium break benefit period to ensure continuance of
the risk cover under the policy.
8. In case the above outstanding amounts are not paid within 30
days (15 days in case of monthly premium paying mode and 30
days in case of other modes) of the commencement of the next
Policy Year after expiry of the premium break benefit period, the
Policy shall be subject to the terms and conditions as stated in Part
D of the Policy Document, at the end of Grace Period. Further, the
Company shall be entitled to recover the deferred amount from
the benefits payable under the policy from the policyholder.
9. During the above premium break benefit period, the policyholder
may surrender the policy anytime, however, payments by the
Company, if any, shall be first adjusted towards the deferred
amount.
10. No additional premium is payable for this option.
Non Payment of Premiums
Grace Period is the time provided after the premium due date during
which the policy is considered to be in-force with the risk cover. This
plan has a grace period of 30 days for yearly, half yearly and
quarterly frequencies from the premium due date. The grace period
for monthly frequency is 15 days from the premium due date.
Should a valid claim arise under the policy during the grace period,
but before the payment of due premium, we shall still honor the
claim. In such cases, the due and unpaid premium for the policy year
will be deducted from any benefit payable.
Paid-Up
A policy will acquire a paid-up value only:

• Where Return of Premium is selected with Limited Pay/Regular Pay,

and
• When premiums are paid for at least 1 full year and after completion
of first policy year
In all other cases, the policy lapses on premium discontinuance
without any paid-up value.

If a policy has acquired paid-up value and stops paying premiums:

(i) Death benefit shall be the highest of:

• Sum Assured on Death × (Total Premiums Paid ÷ Total Premiums
Payable)
• 105% of Total Premiums Paid

(ii) Maturity Benefit (where applicable) shall be calculated as:

Sum Assured on Maturity × (Total Premiums Paid ÷ Total Premiums
Payable)

(iii) Surrender benefit shall be calculated as shown below.

Surrender /Unexpired Risk Premium Value (Surrender Value)

Where Return of Premium Option has been selected
Guaranteed Surrender Value (GSV) gets acquired immediately
upon payment of premium in case of SP Single Pay and upon
payment of premiums for at least 2 years in case of Limited
Pay/Regular Pay.
The Company may pay a surrender value higher than the GSV in the
form of a Special Surrender Value (SSV).
SSV shall become payable after completion of first policy year
provided one full year premium has been received for
Limited/Regular Pay.
Surrender Value will be the higher of Guaranteed Surrender Value
(GSV) and Special Surrender Value (SSV), Where,
GSV = GSV Factor% × Total Premiums Paid
SSV shall be calculated as the expected present value of:
i) Paid-up guaranteed future benefits on death, survival/maturity and
ii) accrued / vested benefits, duly allowing for survival benefits
already paid, if any
The discount rate used to calculate the expected present value shall
 be equal to the yield on 10 Year G-Sec plus 50 basis points.
Currently, the interest rate used for calculating the expected
present value is 7.75% p.a.
The discount rates shall be reviewed at least once annually and in
case of any significant movement in the yields. The revised discount
rates shall apply to all policies including the policies already sold.

Where Return of Premium Option has not been selected

Policy cancellation value (i.e. Unexpired Risk Premium value) gets
acquired upon payment of premiums for at least 1 full year and after
completion of first policy year in case of Limited Pay. In all other
cases, the policy lapses on premium discontinuance without any
value.
Policy cancellation value (if acquired) shall be payable:
• Upon death of the life assured during revival period, or
• At the end of the revival period if the policy is not revived

The amount payable will be as below:

PCV Factor × Total Premiums Paid× Unexpired Policy Term1 ÷ Original
Policy Term
Where, PCV Factor is as follows:

Policy Year PCV Factor

During PPT or if all due premiums have not been paid 30%
Post PPT if all due premiums have been paid 50%

1
Unexpired Policy Term shall be calculated on the earlier of date of surrender
and the date till which premiums have been paid.
Smart Exit Benefit:
The policyholder has an option to receive Smart Exit Benefit, equal to
Total Premiums Paid under the policy. No additional premium is
payable to avail this option.
This option can be exercised by cancelling the policy subject to the
following conditions:
This option can be exercised in any policy year greater than 25,
but not during the last 5 policy years, and
The policy has to be in-force at the time of exercising this option.
This option shall not be available where:
• Return of Premium option has been selected
Revival
You can revive your lapsed policy within the revival period (specified
below) subject to the terms and conditions we may specify from
time to time. For revival, you will need to pay all the outstanding
premiums and interest on the outstanding premiums and taxes and
levies as applicable. Interest rate will be as prevailing from time to
time. The current interest rate used for revival is 9.5% p.a.
The revival period shall be of five (5) years as specified by the current
Regulations. The revival period may be changed as specified by
Regulations from time to time.
The revival interest shall be reviewed half-yearly and it will be reset to:
Average Annualized 10-year benchmark G-Sec Yield (over last 6
months & rounded up to the nearest 50 bps) + 2%. The change in
revival rate shall be effective from 25th February and 25th August
each year. Any change on basis of determination of interest rate for
revival will be done only after prior approval of the Authority.
Once the policy is revived, you are entitled to receive all contractual
benefits.

Riders
We offer the following Rider options (as modified from time to time)
to help you enhance your protection:
Rider UIN Scope of Benefits**
It is a Non-Linked,
Non-Participating/Participating,
HDFC Life Income Pure risk premium, Individual Life
Benefit on rider. A benefit equal to 1% of Rider
Accidental Disability 101B041V01 Sum Assured per month for the
Rider-Non Linked next 10 years, in case of an
Accidental Total Permanent
Disability. There is no maturity
benefit available under this rider.
It is a Non-Linked, Non-
Participating/Participating, Pure risk
premium, Individual Life/Health
rider. A benefit as a proportion of
the Rider Sum Assured shall be
HDFC Life Protect payable in case on accidental
Plus Rider-Non 101B040V01 death or partial/total disability due
Linked
to accident or if you are diagnosed
with cancer as per the option
chosen under this rider. No maturity
benefit is payable under this rider.
 It is a Non-Linked, Non-
Participating/Participating, Pure
risk premium, Individual Health
rider. A lump sum benefit
equivalent to Rider Sum Assured
HDFC Life Health shall be payable on diagnosis of
Plus Rider-Non 101B031V02 any of the covered 60 Critical
Linked Illnesses or benefit as a
proportionate of the Rider Sum
Assured shall be payable on
diagnosis of Early Stage Cancer /
Major Cancer depending on the
plan option chosen. No maturity
benefit is payable under this rider.

It is a Non-Linked, Participating,
Individual, Pure Risk Premium, Life /
Health rider. The rider offers waiver
off all outstanding premiums of
the base Policy and all other riders
HDFC Life Waiver attached to the base policy in the
of Premium Rider 101B032V02 event of death of Life Assured or
- Non Linked Life Assured being either being
diagnosed with any of the covered
disability or any of the covered 60
Critical Illness

**For all details on Riders, kindly refer to the Rider Brochures available on
our website.
The rider PT and PPT shall be consistent with the base policy’s PT and
PPT. Riders will not be offered if the policy term/premium payment
term of the rider exceeds outstanding policy term/ premium payment
term under the base policy.

While attaching riders to the base option under the product, it will be
ensured that there is no overlap in benefit offered under different
riders & base product. In case of an overlap, the rider(s) shall not be
attached.
Terms and Conditions
We recommend that you read and understand this product
brochure & customized benefit illustration and understand what
the plan is, how it works and the risks involved before you
purchase.
A) Risk Factors:
(1) HDFC Life Insurance Company Limited is the name of our
Insurance Company and “HDFC Life Click 2 Protect Elite Plus”
is the name of this plan. The name of our company and the
name of our plan do not, in any way, indicate the quality of
the plan, its future prospects or returns.
(2) Please know the associated risks and the applicable charges,
from your Insurance agent or the Intermediary or policy
document issued by insurance company.
B) Exclusions
i) Suicide : In case of death due to suicide within 12 months from the
Date of Risk Commencement under the policy or from the date of
revival of the policy, as applicable, the nominee or beneficiary of the
policyholder shall be entitled to at least 80% of the total premiums
paid till the date of death or the surrender value available as on the
date of death whichever is higher, provided the policy is in force.

ii. Age Admitted : The Company has calculated the Premiums under
the Policy on the basis of the age of the Life Assured as declared in
the proposal form. In case you have not provided proof of age of the
Life Assured with the proposal form, then you will be required to
furnish such proof of age of the Life Assured as is acceptable to us
and have the age admitted. In the event the age so admitted
(“Correct Age”) during the Policy Term is found to be different from
the age declared in the proposal form, without prejudice to our
rights and remedies including those under the Insurance Act, 1938,
as amended from time to time we shall take one of the following
actions (i) if the Correct Age makes the Life Assured ineligible for this
Policy, we will offer him suitable plan as per our underwriting norms.
If You do not wish to opt for the alternative plan or if it is not possible
for us to grant any other plan, the Policy will stand cancelled from the
date of issuance and the Premiums paid under the Policy will be
returned (without interest) subject to the deduction of expenses
incurred by the Company and the Policy will terminate on the said
payment; or (ii) if the Correct Age makes the Life Assured eligible for
the Policy, revised Premium depending upon the Correct Age will be
payable. Difference of Premium from inception will be collected with
interest, if age declared is higher, on the next Policy Anniversary date
and the revised Premium will continue for the rest of the Premium
Payment Term. The provisions of Section 45 of the Insurance Act,
1938 as amended from time to time shall be applicable.

C) Tax Benefits
Tax benefits under this plan may be available. Premiums paid by an
individual or HUF under this plan and the benefits received from this
policy may be eligible for tax benefits as per the applicable sections
of the Income Tax Act, 1961, as amended from time to time. You are
requested to consult your tax advisor for advice on Tax Benefits.
D) Cancellation in the Free-Look period:
In case as the policyholder you disagree to any policy terms and
conditions under this product, you have the option of returning the
policy to us stating the reasons thereof, within 30 days from the date
of receipt of the policy, whether received electronically or otherwise
as per IRDAI (Protection of Policyholders' Interests, Operations and
Allied Matters of Insurers) Regulations, 2024. On receipt of the letter
along with the original policy document (original Policy Document is
not required for policies in dematerialized or where policy is issued
only in electronic form), we shall refund the premium, subject to
deduction of the proportionate risk premium for the period on cover,
expenses incurred on medical examination of the proposer and
stamp duty charges.
E) An underwriting extra premium may be charged in case of
Sub-standard lives and Smokers as per our prevalent
Underwriting policy.
F) Policy Loan:
No Policy Loans are available under this product.
G) Nomination as per Section 39 of the Insurance Act 1938 as
amended from time to time:
(1) The policyholder of a life insurance on his own life may nominate
a person or persons to whom money secured by the policy shall
be paid in the event of his death.
(2) Where the nominee is a minor, the policyholder may appoint any
person to receive the money secured by the policy in the event of
policyholder’s death during the minority of the nominee. The
manner of appointment to be laid down by the insurer.
(3) Nomination can be made at any time before the maturity of the
policy.
(4) Nomination may be incorporated in the text of the policy itself or
may be endorsed on the policy communicated to the insurer and
can be registered by the insurer in the records relating to the
policy.
(5) Nomination can be cancelled or changed at any time before
policy matures, by an endorsement or a further endorsement or
a will as the case may be.
(6) A notice in writing of Change or Cancellation of nomination must
be delivered to the insurer for the insurer to be liable to such
nominee. Otherwise, insurer will not be liable if a bonafide
payment is made to the person named in the text of the policy or
in the registered records of the insurer.
(7) Fee to be paid to the insurer for registering change or
cancellation of a nomination can be specified by the Authority
through Regulations.
(8) A transfer or assignment made in accordance with Section 38
shall automatically cancel the nomination except in case of
assignment to the insurer or other transferee or assignee for
purpose of loan or against security or its reassignment after
repayment. In such case, the nomination will not get cancelled to
the extent of insurer’s or transferee’s or assignee’s interest in the
policy. The nomination will get revived on repayment of the loan.
(9) The provisions of Section 39 are not applicable to any life
insurance policy to which Section 6 of Married Women’s Property
Act, 1874 applies or has at any time applied except where before
or after Insurance Laws (Amendment) Act 2015, a nomination is
made in favour of spouse or children or spouse and children
whether or not on the face of the policy it is mentioned that it is
made under Section 39. Where nomination is intended to be
made to spouse or children or spouse and children under
Section 6 of MWP Act, it should be specifically mentioned on the
policy. In such a case only, the provisions of Section 39 will not
apply.

H) Assignment as per Section 38 of the Insurance Act 1938 as

amended from time to time:
(1) This policy may be transferred/assigned, wholly or in part, with or
without consideration.
(2) An Assignment may be effected in a policy by an endorsement
upon the policy itself or by a separate instrument under notice to
the Insurer.
(3) The instrument of assignment should indicate the fact of transfer
or assignment and the reasons for the assignment or transfer,
antecedents of the assignee and terms on which assignment is
made.
(4) The assignment must be signed by the transferor or assignor or
duly authorized agent and attested by at least one witness.
(5) The transfer or assignment shall not be operative as against an
Insurer until a notice in writing of the transfer or assignment and
either the said endorsement or instrument itself or copy there of
certified to be correct by both transferor and transferee or their
duly authorized agents have been delivered to the Insurer.
(6) Fee to be paid for assignment or transfer can be specified by the
Authority through Regulations.
(7) On receipt of notice with fee, the Insurer should Grant a written
acknowledgement of receipt of notice. Such notice shall be
conclusive evidence against the insurer of duly receiving the
notice.
(8) The Insurer may accept or decline to act upon any transfer or
assignment or endorse ment, if it has sufficient reasons to believe
that it is (a) not bonafide or (b) not in the interest of the
policyholder or (c) not in public interest or (d) is for the purpose of
trading of the insurance policy.
(9) In case of refusal to act upon the endorsement by the Insurer, any
person aggrieved by the refusal may prefer a claim to IRDAI within
30 days of receipt of the refusal letter from the Insurer.

Section G (Nomination) and H (Assignment or Transfer) are

simplified versions prepared for general information only and hence
are not comprehensive. For full texts of these sections please refer to
Section 38 and Section 39 of the Insurance Act, 1938 as amended by
The Insurance Laws (Amendment) Act, 2015.

I) Prohibition of Rebates: In accordance with Section 41 of the

Insurance Act, 1938 as amended from time to time:

(1) No person shall allow or offer to allow, either directly or indirectly,

as an inducement to any person to take out or renew or continue
an insurance in respect of any kind of risk relating to lives or
property in India, any rebate of the whole or part of the
commission payable or any rebate of the premium shown on the
policy, nor shall any person taking out or renewing or continuing a
policy accept any rebate, except such rebate as may be allowed
in accordance with the published prospectuses or tables of the
insurer.

(2) Any person making default in complying with the provisions of

this section shall be liable for a penalty which may extend to ten
lakh rupees.

J) Non-Disclosure: In accordance with Section 45 of the Insurance Act,

1938 as amended from time to time:
(1) No policy of life insurance shall be called in question on any
ground whatsoever after the expiry of three years from the date
of the policy, i.e., from the date of issuance of the policy or the
date of commencement of risk or the date of revival of the policy
or the date of the rider to the policy, whichever is later.
(2) A policy of life insurance may be called in question at any time
within three years from the date of issuance of the policy or the
date of commencement of risk or the date of revival of the policy or
the date of the rider to the policy, whichever is later, on the
ground of fraud: Provided that the insurer shall have to
communicate in writing to the insured or the legal
representatives or nominees or assignees of the insured the
grounds and materials on which such decision is based.
(3) Notwithstanding anything contained in sub-section (2), no
insurer shall repudiate a life insurance policy on the ground of
fraud if the insured can prove that the mis-statement of or
suppression of a material fact was true to the best of his
knowledge and belief or that there was no deliberate intention to
suppress the fact or that such mis-statement of or suppression of
a material fact are within the knowledge of the insurer: Provided
that in case of fraud, the onus of disproving lies upon the
beneficiaries, in case the policyholder is not alive.
(4) A policy of life insurance may be called in question at any time
within three years from the date of issuance of the policy or the
date of commencement of risk or the date of revival of the policy
or the date of the rider to the policy, whichever is later, on the
ground that any statement of or suppression of a fact material to
the expectancy of the life of the insured was incorrectly made in
the proposal or other document on the basis of which the policy
was issued or revived or rider issued: Provided that the insurer
shall have to communicate in writing to the insured or the legal
representatives or nominees or assignees of the insured
the grounds and materials on which such decision to
repudiate the policy of life insurance is based: Provided further
that in case of repudiation of the policy on the ground of
misstatement or suppression of a material fact, and not on the
ground of fraud, the premiums collected on the policy till the date
of repudiation shall be paid to the insured or the legal
representatives or nominees or assignees of the insured within a
period of ninety days from the date of such repudiation.
(5) Nothing in this section shall prevent the insurer from calling for
proof of age at any time if he is entitled to do so, and no policy
shall be deemed to be called in question merely because the
terms of the policy are adjusted on subsequent proof that the
age of the Life Insured was incorrectly stated in the proposal.
K) In case of fraud or misstatement including non-disclosure of any
material facts, the Policy shall be cancelled immediately and the
Surrender Value shall be payable, subject to the fraud or
misstatement being established in accordance with Section 45
of the Insurance Act, 1938, as amended from time to time.
L) This is not a comprehensive list of amendments of Insurance
Laws (Amendment) Ordinance, 2014 and only a simplified
version prepared for general information. Policy Holders are
advised to refer to Original Ordinance Gazette Notification dated
December 26 , 2014 for complete and accurate details.
M) Taxes:
Indirect Taxes
Taxes and levies as applicable shall be levied as applicable. Any
taxes, statutory levy becoming applicable in future may become
payable by you by any method including by levy of an additional
monetary amount in addition to premium and or charges.
Direct Taxes
Tax will be deducted at the applicable rate from the payments
made under the policy, as per the provisions of the Income Tax
Act, 1961, as amended from time to time.

N) A policyholder can now have his life insurance policies in

dematerialized form through a password protected online
account called an electronic Insurance Account (eIA). This eIA can
hold insurance policies issued from any insurer in dematerialized
form, thereby facilitating the policy holder to access his policies
on a common online platform. Facilities such as online premium
payment, changes in address are available through the eIA.
Furthermore, you would not be required to provide any KYC
documents for any future policy purchase with any insurer. For
more information on eIA For more information on eIA visit
http://www.hdfclife.com/customer-service/life-insurance-policy
-dematerialization
O) Grievance Redressal Mechanism
You can contact us at any of the below touchpoints in case of any
concern:
Helpline number: 022-68446530 (Call Charges apply) | NRI
Helpline number +91 89166 94100 (Call Charges apply)
E-mail Address: service@hdfclife.com | nriservice@hdfclife.com
(For NRI customers only)
You can let us know of your concerns/grievances through any of
below options:
• Option 1: Written letter duly signed by the policyholder at any HDFC
Life Branch. There is a Grievance Redressal Officer at the
respective branch to address the customer’s complaint.
To know more about branch address and timing's you can visit
this link: https://www.hdfclife.com/contact-us#BranchLocator .
Please note, branches are closed on Sundays, national holidays
and region-specific public holidays.
• Option 2: Write to us from your registered email ID at
service@hdfclife.com.
• Option 3: Visit us at our website
https://www.hdfclife.com/customer-service/grievance-redressal
You may refer to the escalation matrix in case there is no response
to a grievance within the prescribed timelines If you still not
satisfied with our response, you may approach the Insurance
Ombudsman located in your region.
For more information on our Grievance Redressal Mechanism and
the detailed address of the Insurance Ombudsman, please refer Part
G of the policy document given to you.
 Contact us today
To buy: 1800-266-9777 (Toll free)
(Available all days 10am to 7pm)
Visit us at www.hdfclife.com

HDFC Life Insurance Company Limited (“HDFC Life”). CIN:

L65110MH2000PLC128245. IRDAI RegistrationNo.101
Registered Office: HDFC Life Insurance Company Ltd., Lodha Excelus, 13th
Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011
Email: service@hdfclife.com, Tel. No: 022-68446530. Available Mon-Sat 10
am to 7pm (Local charges apply). Website: www.hdfclife.com
The name/letters "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 a licence from HDFC Bank Limited.
HDFC Life Click 2 Protect Elite Plus (UIN:101N182V01) is a Non-Linked,
Non-Participating, Individual, Pure Risk Premium/ Savings Life Insurance
Plan. Life Insurance Coverage is available in this product. This version of the
Product brochure invalidates all previous printed versions for this particular
plan.

HDFC Life Income Benefit on Accidental Disability Rider – Non Linked (UIN:
101B041V01) is a Non-Linked, Non- Participating/Participating, Pure risk
premium, Individual Life rider.
HDFC Life Protect Plus Rider – Non Linked (UIN: 101B040V01) is a
Non-Linked, Non- Participating/Participating, Pure risk premium, Individual
Life/Health rider.
HDFC Life Health Plus Rider – Non Linked (UIN: 101B031V02) is a
Non-Linked, Non- Participating/Participating, Pure risk premium, Individual
Health rider.
HDFC Life Waiver of Premium Rider- Non Linked (UIN: 101B032V02) is a
Non-Linked, Participating, Individual, Pure Risk Premium, Life / Health rider

This Product brochure is indicative of the terms, warranties, conditions and

exclusions contained in the insurance policy. Please know the associated risk
and applicable charges from your insurance agent or the intermediary or
policy document of the insurer. ARN: ED/02/25/21468.
BEWARE OF SPURIOUS PHONE CALLS AND
FICTITIOUS/FRAUDULENT OFFERS
• IRDAI or its officials do not involve in any activities of insurance business
like selling insurance policies, announcing bonus or investment of
premiums,refund of amounts.
Policyholders or the prospects receiving such phone calls are requested
to lodge a police complaint