HDFC Life Click2Invest ULIP - Online Unit Linked Insurance Plan
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HDFC Life Click2Invest - ULIP is a online Unit linked plan in India that offers you market linked returns,charges you minimally, provides your family with valuable financial protection and best meets your investment needs.

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What is this product about?

Meet your investments needs while providing your family with valuable financial protection with ULIP. HDFC Life Click2Invest - ULIP is an online Unit Linked Plan in India that offers you market linked returns.
Why you need this plan ?
  • Potential of benefitting from market-linked returns
  • Stay invested longer to achieve your financial goals
  • Achieve financial growth as well as protect your family

Fund Performance

Latest and historical performance of investment plans
52 week High 17.98 (13.03.2015)
52 week Low 15.17 (16.10.2014)
Historic Graph from to
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Here is what you can avail of with HDFC Life Click 2 Invest-ULIP

    In case of the Life Assured’s unfortunate demise, we will pay to the nominee the highest of the following:

    • Sum Assured,
    • Fund Value,
    • 105% of the premium(s) paid.

    The policy will terminate thereafter and no more benefits will be payable.

In case of the Life Assured’s unfortunate demise, we will pay to the nominee the highest of the following:

  • Sum Assured,
  • Fund Value,
  • 105% of the premium(s) paid.

The policy will terminate thereafter and no more benefits will be payable.

    • On survival till the end of policy term, you will receive your Fund Value as Maturity Benefit.
  • On survival till the end of policy term, you will receive your Fund Value as Maturity Benefit.
    • Premium allocation charge – Nil. 100% of your premiums are invested.
    • Policy administration charge – Nil.
    • Fund Management Charge – 1.35% p.a. of the fund value charged daily.
    • Mortality Charge – levied every month for providing you with the death benefit in your policy. This charge will be taken by cancelling units proportionately from each of the fund(s) you have chosen
    • Discontinuance charge – Nil. Please note it is always advisable to pay premiums for the full premium paying term and stay invested for the full policy term in order to enjoy maximum benefits.
  • Premium allocation charge – Nil. 100% of your premiums are invested.
  • Policy administration charge – Nil.
  • Fund Management Charge – 1.35% p.a. of the fund value charged daily.
  • Mortality Charge – levied every month for providing you with the death benefit in your policy. This charge will be taken by cancelling units proportionately from each of the fund(s) you have chosen
  • Discontinuance charge – Nil. Please note it is always advisable to pay premiums for the full premium paying term and stay invested for the full policy term in order to enjoy maximum benefits.
You can invest in a combination of funds by allocating your fund between 8 different fund options
fund (SFIN) investment strategy
investment predominantly in
risk and return rating

Equity Plus Fund(ULIF05301/08/13EquityPlus101)

To generate long term capital appreciation in line or better than Nifty index returns Equity Very High

Diversified Equity Fund (ULIF05501/08/13DivrEqtyFd101)

To generate long term capital appreciation by investing in high potential companies across the market cap spectrum Equity Very High
Blue Chip Fund (ULIF03501/01/10BlueChipFd101) Exposure to large-cap equities & equity related instruments Equity Very High
Opportunities Fund (ULIF03601/01/100pprtntyFd101) Exposure to mid-cap equities & equity related instruments Equity Very High
Balanced Fund (ULIF03901/09/10BalancedFd101) Dynamic Equity exposure to enhance the returns while the Debt allocation reduces the volatility of returns Balanced exposure to debt, equity and money market instruments Moderate to High
Income Fund (ULIF03401/01/10IncomeFund101) Higher potential returns due to higher  duration and credit exposure Debt and Money Market Instruments Moderate
Bond Fund (ULIF05601/08/13Bond Funds101) Active allocation across all fixed income instruments Debt and Money Market Instruments Moderate
Conservative Fund (ULIF05801/08/13ConsertvFd101) To invest in high grade fixed income instruments and Government securities at the short end of the yield curve, to deliver stable returns Debt and Money Market Instruments Low

For more details on risk factors, charges, terms and conditions, please read the Product Brochure carefully and/or contact our customer service at 1800-266-9777 before taking a decision.

ENTRY AGE
 
MIN
0 yrs
 
MAX
65 yrs
MATURITY AGE
 
MIN
18 yrs
 
MAX
75 yrs
SUM ASSURED
Single Premium
125 %
of Single Premium
SUM ASSURED
Regular and limited premium.Entry age <=55 yrs
10 x
Annualized Premium
SUM ASSURED
Regular and limited premium.Entry age >=55 yrs
7 x
Annualized Premium
POLICY TERM
 
MIN
5 yrs
 
MAX
20 yrs
PREMIUM PAYING TERM
  • Regular
  • Limited
  • Single
POLICY PREMIUMS
MIN
  • Single: ₹ 24,000
  • Half Yearly: ₹ 6,000
  • Monthly: ₹ 1,000
  • Annual: ₹ 12,000
  • Quarterly: ₹ 3,000
MAX
No limit, subject to underwriting
All ages mentioned above are age last birthday. The minimum entry age and the policy term selected shall be such that the maturity age limits are met.
For more details on risk factors, charges, terms and conditions, please read the Product Brochure carefully and/or contact our customer service at 1800-266-9777 before taking a decision.

FAQs

HDFC Life Click 2 Invest - an online ULIP offers a minimal charge structure as stated below: 

1. Premium Allocation Charge: Nil 
2. Policy Administration Charge: Nil 
3. Discontinuance Charge: Nil 
4. Fund Management Charge: 1.35% p.a. of the fund value, charged daily
5. Mortality Charge: The amount of the charge taken each month depends on your age and level of cover.

In addition, only if you request for partial withdrawal, fund switch and premium redirection a charge of Rs 250 per request or a reduced charge of Rs 25 per request (if executed through the company's web portal) will be charged. First 4 partial withdrawals, 4 fund switches and 4 premium redirections in a policy year are free.

HDFC Life Click 2 Invest - ULIP, lets you enjoy market linked returns along with valuable financial protection for your family. This plan has minimal charges which help your fund value grow faster. The key features of this plan are:
1. Minimal Charge Structure
2. Choose from a range of 8 fund options
3. Premium payment options of Single Pay, 5 Pay, 7 Pay, 10 Pay or Regular Pay
4. Policy Term of 5 to 20 years
5. Tax exemption under Sec 80C and Sec 10(10D) of IT Act, 1961

There are 8 fund options to choose from in this plan

1. Equity Plus Fund
2. Diversified Equity Fund
3. Blue Chip Fund
4. Opportunities Fund
5. Balanced Fund
6. Income Fund
7. Bond Fund
8. Conservative Fund

At the end of your policy term i.e. at maturity, you will receive your Fund Value.

You can choose a policy term of 5 years to 20 years under this plan.

In case of the Life Assured's unfortunate demise, we will pay to the nominee the highest of the following:

1. Sum Assured
2. Fund Value,
3. 105% of the premium(s) paid.

You can surrender you policy subject to a lock in period of 5 years. No discontinuance charge is charged in this policy. Please refer to product brochure for more details on discontinuance of premiums and surrender of policy.

You can withdraw money from your funds to meet any future financial emergencies. Lump sum partial withdrawals can be made from your funds after 5 complete policy years, provided the Life Assured is at least 18 years of age.

No policy loans are available for this product.

Under settlement option, you can also take your fund value at maturity in periodical installments.

A limited premium payment policy requires you to pay premiums for a term lesser than your policy term.

You can buy more than one policy subject to successful underwriting.

Yes. The list of medical tests required is on case to case basis.

Fund Value will be calculated by multiplying balance units in your fund by the then prevailing NAV price.

Minimum premium amounts for various premium payment frequencies are as follows:

1. Single: Rs. 24,000
2. Annual: Rs. 12,000
3. Half Yearly: Rs. 6,000
4. Quarterly: Rs. 3,000
5. Monthly: Rs. 1,000

NRIs can invest in this plan by filling a mandatory NRI questionnaire.

Single, Annual, Half-yearly, Quarterly or Monthly

There is no limit on maximum amount that you can invest in this plan, subject to underwriting.

HDFC Life Click 2 Invest - ULIP offers:

1. Minimal Charge Structure
2. Premium Payment Term options of single/ 5 pay/ 7 pay and regular pay
3. Policy Term of 5 to 20 years
4. 8 Fund options
5. Wide entry age range from 0 to 65 years

Yes. In case of the Life Assured's unfortunate demise, we will pay to the nominee the highest of the following:

1. Sum Assured,
2. Fund Value,
3. 105% of the premium(s) paid.

Yes you can surrender your policy. Once you surrender your policy, your risk cover will cease and surrender benefit will be paid out depending upon the year in which the policy is surrendered. Please refer to product brochure for more details.

Premiums paid by an individual or HUF under this plan are eligible for tax benefits2 under Section 80C of the Income Tax Act, 1961, subject to the conditions/ limits specified therein. Under Section 10 (10D) of the Income Tax Act, 1961, the benefits received from this policy are exempt from tax, subject to the conditions specified therein. However Section 10 (10 D) benefit is not applicable in case of Single Premium payment. Please note that the above mentioned benefits are as per the current tax rules. Your tax benefits may change if the tax rules are changed. You are requested to consult your tax advisor

Product brochure download
Premium Rates download
3 reasons to make time your best friend and make your money grow on the fast lane

A great way of looking at a term life insurance plan is to consider it as an expense on the financial safety of your family, and thereby, make it a part of the household budget. That way, you could actually consider ways to reduce its cost without compromising on the quality of the safety net it provides to your family. Here is how you can lower the premium of your term plan even as you enjoy the best life insurance coverage.

Many Families covered by
HDFC Life Click 2 Invest - ULIP
Common mistakes people make while evaluating their risk appetite
Understanding your risk appetite is an essential pre-requisite for your investment planning. It requires you to have a basic understanding of your long-term life goals. You also need to judge your ability to handle unfavourable outcomes. An accurate assessment of your risk-taking ability will help you make appropriate investment choices. For this, you need to avoid the common mistakes people make while assessing their risk appetite.
  • Many a times, when people assess their risk appetite, they end up looking only at the gains or the upside, and don't factor in what they can lose out on the returns or principal, in the interim. When you are facing constraints on regular savings, you would like your money to grow more. This shouldn't be mistaken for a greater risk appetite for you. On the contrary, lower savings amounts should make you more prudent and could make you decide to settle for slightly lower-risk investments.

  • Even when people are aware about the possible losses in an investment, they tend to overestimate their threshold to tolerate losses, even if they are short-term and notional in nature for long term investment. Even when you have alternative savings to fall back upon to fulfill your goal, if your designated investment suffers a loss, you could end up putting other needs at risk. For instance, assume that you are saving aggressively for your child's higher studies and your retirement. You fall short of the amount to meet your child's requirements as some of your investments don't grow well and make losses in the previous years. You might then be tempted to withdraw money from the retirement savings. This would endanger your retired living.

  • You may or may not want to take up risks beyond at a certain level depending on the purpose of the investment. Nearer the proximity of the goal, people prefer taking up lesser risk. For instance, if you are saving for your home down payment in 3-4 years, equity investments will be inappropriate due to short-term market turbulence and the fact that they typically work for period of 8-10 years or more.

  •  Another mistake many people make is not differentiating between loss aversion (avoid losing money) and risk aversion (unpredictable returns). Most people prefer a higher degree of predictability in the return on their investments, which makes them go for conservative products which offer low, but fixed and predictable returns. But, by investing in them, especially for long term needs, you actually end up losing, thanks to inflation devouring the purchasing power of savings. On the other hand, loss aversion can be managed by managing the risks in investments better. This could be done in many ways including making investments in different asset classes be it equity, debt or gold so that some developments affecting some assets and investments don't impact all your investments. Even within the same asset class like equities, the investments can be spread over lower to higher risk alternatives like large and mid-cap funds.

  • A common oversight of investors is to overlook the time when they would need the money that they are now investing. If you know that you might need a part or whole of the savings at a particular point of time, then your investments need to allow you access to money at the time of your need. For instance, if you are investing for your child's higher education where you need the money in 18 years, a 20-year investment will be inappropriate if it doesn't allow you to withdraw the money when you need it. While considering such an investment, you need to ask whether you manage the risk of your money to coming to you at the anticipated time of requirement.

  • Many a times, changes in tax structures and regulatory changes can also have a deep impact on the returns of your investments. That's why it is not a great idea to make an investment solely or largely based on the tax treatment. Remember, new taxes could be introduced and existing ones modified. This is a risk that needs to be factored in. This could disturb all your return calculations, and other aspects such as exit from the investments.

The difference that tax benefits make in giving ULIPs an edge over mutual funds

When you are working hard and wish to make your money work hard for you, it becomes essential to stop any leakages in your savings kitty. Paying income tax is inevitable, but if your investment planning is right, you can plug many tax leakages and enhance your overall returns and savings. Unit linked insurance plan (ULIP) is one such product that comes with tax benefits which make it more rewarding than other equity investment products, namely equity mutual funds including tax saving equity linked savings scheme (ELSS).

One aspect where ULIPs score over mutual funds, except ELSS, is the deduction from income of the investment amount of up to Rs 1.5 lakh under Section 80C. This effectively adds to the return from your ULIP funds. So, if you utilise this deduction limit annually, you can save tax up to Rs 46,350/- every year. This savings is effectively directed to the goal for which the ULIP is earmarked, such as retirement. Barring ELSS and retirement mutual funds, no other mutual fund investment provides this benefit. At the same time, there are many other benefits of ULIPs not related to taxation that help them score over these investments. Even of the tax front, there is a crucial area where ULIPs score over ELSS. This holds true for those investing in high to moderate equity investment ULIP funds for their long term goals.

If you have invested in equities through mutual funds, then you might want to de-risk your corpus a few years before reaching your goal, so that both your capital and gains are preserved. This is typically done in a lower risk investment such as debt mutual fund. However, just in case you need the money before 3 years, the entire capital gains gets added to your income and is taxed at the rate applicable to you. For instance, let's assume that you have saved Rs 20 lakh in an equity fund over the years. Suppose you transfer the money to a debt fund two years before the money is needed. If the debt fund provides 8% returns annually, on liquidating the investment, you need to pay income tax of Rs 99,840 due to short-term capital gains, if you are in the highest tax bracket of 30%. This is because capital gains made before completion of three years in a debt mutual fund is treated as short term capital gains. Things might be a little better if you stay invested for more than three years in the debt mutual fund as you will have to pay 20% long term capital gains tax with inflation indexation benefit for the cost of acquisition of the units. Now, compare this experience with ULIPs. A switch to ULIP debt fund or any other fund would be tax-free since the maturity amount is tax free under Section 10(10D) of the Income Tax Act, 1961 subject to conditions specified therein.

ULIPs compete with many other growth investments alternatives such as mutual funds. On matters related to taxation of investment, returns and redemption proceeds, it has some distinct advantages over mutual funds including the tax saving ELSS, especially when it comes to saving for specific needs. Investors would do well to make the most of them.

The above mentioned tax benefits are subject to changes in the tax laws. The tax benefits described above reflect our understanding of the current legislations. It is advisable to re-confirm the same with your tax consultant at your end.

HDFC Life Click2Invest ULIP
A small investment can rise up substantially over a period of time. HDFC Life Click 2 Invest - ULIP, offers 8 fund options to optimise return on your investment.

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