HDFC Life Critical Illness Plus Rider

HDFC Life Critical Illness Plus Rider

Illnesses always come unexpectedly and adversely affect your life and financial situation. So have you considered the financial impact on your life if you were to suffer from a critical illness in absence of a critical illness policy? Being absent from work during recovery or in worst case forced to quit working will definitely impact your income and coping up with the high medical expenses will wash out your savings.

HDFC Life Critical Illness Plus Rider is created to financially protect you and your family. This Rider provides a lump sum benefit on diagnosis of any one of the 19 critical illnesses which you can use to cover expenses associated with the illness.

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  • Lumpsum Payout on diagnosis of any one of the 19 Critical Illnesses
    1. Available as an additional benefit with your insurance policy at a nominal cost
      1. Option to choose this Rider on inception or any subsequent policy anniversary of the Base Policy
        • Lumpsum Payout equal to the Rider Sum Assured will be payable on diagnosis of any one of the 19 Critical Illnesses
          1. Option to avail Critical Illness cover between 5-40 years
            This Rider can currently be attached with HDFC Life Click 2 Protect Plus, HDFC Life Super Income Plan & HDFC Life Classic Assure Plus (For more details on risk factors, terms and conditions, please read the Rider Brochure carefully and/or consult Financial Consultant before taking a decision.)
            Parameters Limits
            Minimum Entry Age (last birthday) 18 years
            Maximum Entry Age (last birthday) 65 years
            Maturity age (last birthday) Up to 75 years
            Minimum Rider Policy Term 5 years
            Maximum Rider Policy term Lower of^:
            40 years
            Maximum Rider Premium Paying Term that can be chosen under the Base Policy
            Rider Premium Payment Term Regular
            Minimum Rider Sum Assured Rs 25,000
            Maximum Rider Sum Assured No limit, subject to satisfactory underwriting#

             

            ^This Rider will not be offered where the outstanding Rider Premium Paying Term under the Base Policy is less than 5 years.
            #The maximum Sum Assured shall not exceed the Sum Assured of the Base Policy to which this rider is attached.