HDFC Life · Term · Pure Term
Click 2 Protect Elite Plus
A high sum assured term plan (minimum ₹50 lakh cover) with an option to get all premiums back, plus a 'smart exit' feature that returns your money early if you no longer need the cover.
Product data last fetched 26 August 2026. Features, premiums and availability may change — verify against the official brochure/policy wording before deciding.
The truth card
PurposeProtection
CategoryPure Term
InsurerHDFC Life
Life CoverNot available in the current product data
PremiumNot available in the current product data
Policy TermNot available in the current product data
Premium-Paying TermNot available in the current product data
GuaranteeNot available in the current product data
Market ExposureNot applicable — non-linked
LiquidityNot available in the current product data
Lock-inNot available in the current product data
ChargesNot available in the current product data
Maturity BenefitNot available in the current product data
Death BenefitNot available in the current product data
SurrenderNot available in the current product data
Paid-upNot available in the current product data
Tax NotesDepends on policy structure, premium amount, issue date and applicable tax law — see our tax notes
XIRRNot available in the current product data
What this product is
A high sum assured term plan (minimum ₹50 lakh cover) with an option to get all premiums back, plus a 'smart exit' feature that returns your money early if you no longer need the cover.
You might need this if…
- You might need this if you want large term cover (₹50 lakh+) with the flexibility of Single, 5/10/15-Pay, or Regular Pay premium terms.
- You might need this if you want the reassurance of getting your premiums back at maturity (optional Return of Premium) rather than losing them if you survive the term.
- You might need this if you think you might not need the full term - the Smart Exit Benefit lets you withdraw total premiums paid after policy year 25.
- You might need this if you want to pause premiums temporarily during a cash crunch without losing coverage (Premium Break Benefit).
How it actually works
- Entry age 18-45; policy term 10-40 years; minimum sum assured ₹50 lakh, with no stated maximum subject to underwriting.
- Death benefit is the highest of the basic sum assured, 10x annualised premium, or 105% of total premiums paid.
- Immediate Payout feature releases up to ₹5 lakh within 1 working day of claim intimation (after the 1-year waiting period, for base cover ≥₹2 crore).
- Smart Exit Benefit returns total premiums paid if you choose to exit after policy year 25 (unavailable if you've taken the Return of Premium option).
- Riders available: Income Benefit on Accidental Disability, Protect Plus (accident/cancer), Health Plus (60 critical illnesses), and Waiver of Premium.
Worked example
A 30-year-old male buys ₹2 crore cover on a 10-Pay term, paying ₹31,369 in year 1 and ₹37,794/year from year 2 onward. If he dies in policy year 7, his nominee receives the full ₹2 crore.
Worth knowing before you decide
- Without the Return of Premium option, the policy pays nothing if you survive the full term.
- No policy loans are available against this plan.
- Suicide within 12 months limits the payout to 80% of premiums paid or surrender value, whichever is higher.
- Grace period is 30 days for annual/half-yearly/quarterly premiums and 15 days for monthly.
Official source
⌟ Official product brochure
Learn about this category
Read the full term insurance explainer → · See all protection products →