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HDFC Life Click 2 Protect Plus Illustration

This document is an illustration issued by HDFC Life Insurance Company Limited for an HDFC Life Click 2 Protect Plus policy and HDFC Life Income Benefit on Accidental Disability Rider for Shivraj, a 32-year old male. The policy provides a sum assured of Rs. 50 lakhs with an annual premium of Rs. 11,061 inclusive of taxes. In the event of accidental death during the policy term, an additional sum assured will be paid. The rider provides a monthly income of 1% of the sum assured for 10 years in case of total permanent disability due to an accident. The terms and conditions and signatures of the intermediary and proposer are also included in this illustration.

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133 views1 page

HDFC Life Click 2 Protect Plus Illustration

This document is an illustration issued by HDFC Life Insurance Company Limited for an HDFC Life Click 2 Protect Plus policy and HDFC Life Income Benefit on Accidental Disability Rider for Shivraj, a 32-year old male. The policy provides a sum assured of Rs. 50 lakhs with an annual premium of Rs. 11,061 inclusive of taxes. In the event of accidental death during the policy term, an additional sum assured will be paid. The rider provides a monthly income of 1% of the sum assured for 10 years in case of total permanent disability due to an accident. The terms and conditions and signatures of the intermediary and proposer are also included in this illustration.

Uploaded by

shivrajmali
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

01-Aug-15 12.23.

36

SPL

Illustration for Your HDFC Life Click 2 Protect Plus


This is the official illustration issued by HDFC Standard Life Insurance Company Limited. Illustration of any other type is not supported by the company.

Your details
Name:
Age last Birthday:

Gender:

SHIVRAJ
32 Year(s)
Male
Your Policy details

Details

HDFC Life Click 2 Protect Plus

HDFC Life Income Benefit on Accidental Disability Rider

UIN:

101N101V01

101B013V01

Sum Assured:

50,00,000

50,00,000

Premium Payment Term:

30 year(s)

30 year(s)

Policy Term:

30 year(s)

30 year(s)
Annual

Premium Frequency:
Plan Option

Extra Life Option

Not Applicable

Premium Excluding taxes:

8,400

1,303

Taxes:

1,176

182

Premium Inclusive of taxes:

9,576

1,485

Total Premium Inclusive of taxes:

11,061

Next Premium Due Date:

01-Aug-2016

Premium Payment Method:

Not Applicable

Illustration of Future Benefits :


Illustrative Benefits on Death
Higher Of:
* 10 times the Annualised premium or
* 105% of all premiums paid as on date of death or
* Sum Assured
In the event of the unfortunate death(Refer T&C pt 5) of the life assured during the policy term and if all due premiums have been paid, the above mentioned Death
Benefit will be paid to the nominee in the form of a lump sum.
In case this death is due to an accident(Refer T&C pt 5) and if all due premiums have been paid, an additional Sum Assured will be paid to the nominee in the form of a
lump sum. Upon this payment, the policy terminates and no further benefit is payable.
Death Benefit is payable only under the Base policy.
Illustrative Benefits on Surrender
Your Plan does not provide any surrender benefit.
Illustrative Benefits on Maturity
Your Plan does not provide any maturity benefit.
Illustrative Benefits of HDFC Life Income Benefit on Accidental Disability Rider
On the Total Permanent Disability of the life assured due to an accident(Refer T&C pt 5), a regular monthly income equal to 1% of the Sum Assured will be payable to
the life assured for a fixed period of 10 years.
TERMS AND CONDITIONS
1. This illustration has been produced by HDFC Standard Life Insurance Company Limited to help you understand the benefits of your HDFC Life Click 2 Protect Plus &
HDFC Life Income Benefit on Accidental Disability Rider policy. These illustrations must be read in conjunction with the sales literature, which describes the features of
this product. The values shown are for illustration only.
2. All benefits under this Product are guaranteed, provided all premiums are paid, when they are due.
3. All amounts are in Indian Rupees.
4. The Premium and the Sum Assured stated above is based on the information provided. They may vary as a result of underwriting.
5. For details on the above benefits, please read the Product Brochure.
6. Taxes:
a. Indirect Taxes: Service Tax and Cess 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.
b. Direct Taxes: Tax will be deducted at the applicable rate from the payments made under the policy, as per the prevailing provisions of the Income Tax Act, 1961.
7. Insurance is the subject matter of the solicitation.
SHIVRAJ
I____________________________________
, (Name) have explained the above illustration and the terms and conditions of this product to the policyholder.
SHIVRAJ
I____________________________________
, (Name) having received the information with respect to the above, have understood the above illustration before entering
the contract.

Intermediary's Signature:
Date :
Place:

01-Aug-15 12.23.36

Proposer's Signature / Thumb Impression

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