HDFC Standard Life Insurance Company has launched a new version of its flagship term product Click to Protect 3D Plus. Considering the needs of the customer, the maximum age of the maturity of the plan has been increased from 75 to 85 years. Apart from this, the policy term has been increased from 40 to 50 years under the plan.
Critical Illness Rider Value 15 Million
In the new version of Click to Protect 3D Plus, the Value of Critical Illness Rider has been increased to Rs 1.5 crores. Under the Liflong option, the premium payment period has been increased to 75 years. Many customers do not work for 55 years or more than 60 years of age and there is also a pay option available for them. The new version of the product is available on all platforms and channels of the company.
New options have more options
HDFC Life's Senior EVP, Chief Actuary and Applied Actuary, HDFC Life Srinivasan Partha Sarathi said that Click to Protect 3D Plus is now offering more options. This allows the customer to have more freedom to choose the option according to his own needs. Here 3D stands for Death, Disease and Disability. The common term plan provides death benefit only, while our product provides a comprehensive cover. Under this plan, Lump Sum Benefit is the option of waiving the premium on the victim's disability and Critical Illness Hunt.
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