HDFC Life’s Click 2 Invest ULIP plan has created a huge buzz with Zero Allocation Charges. This is the first online ULIP plan with 100% Premium Allocation, No Policy Administration Charge, No discontinuance charges and Only FMC & Mortality Charges applicable.

1. mydailylifetips.com http://www.mydailylifetips.com/hdfclife-click-2-invest-ulip-plan-review/
My daily life tips
HDFC Life Click 2 Invest ULIP Plan Return Calculation
Now one good thing about HDFC Life is that in their online portal they provide a calculator to calculate the
premium and other financial data. I am going to use the same and explain how the return will be.
Don’t Miss HDFC Life Health Insurance Plan Review
Age = 30 years
Policy Term: 20 years (max)
Investment Term = 20 years
Premium: Rs 1000 (monthly) = 12,000 / year
Life Cover = 10 times yearly premium = 1,20,000
So till maturity I have to invest 12,000 X 20 = 2,40,000. And as per the calculator the maturity benefit will be as
below
Return with 4% = 3,07,422
Return with 8% = 4,73,421
You can verify this data using the same calculator. Visit the link for complete details.
Should I buy HDFC Life Click 2 Invest online ULIP plan?
Now let’s find out an alternative way to achieve our financial target: Life cover and good investment. I have to
invest 12,000 yearly in a smart way to beat HDFC Life Click 2 Invest ULIP plan.
What we can do here is buy a term plan (e.g. HDFC Click 2 Protect plus ) of 50 lakh and to do that one have to
pay hardly 7,000 max approx (non-smoker). Rests 5,000 invest in PPF account regularly every month for next 20
years or you can invest in ELSS mutual funds as well. Let’s consider PPF here to get a confirmed return. This
investment will give you around 269,423. If it is ELSS it might give a better return as well. Although this is not the
correct calculation as one have to bear mortality charges and fund management charges as well. So you can

2. expect a less return mentioned in this example.
Don’t Miss LIC e Term plan – The best online term plan
So the point here is life cover of 1.2 lakh simply can’t serve any purpose. Even one should never buy insurance
plan to save income tax, if it not a term insurance plan. And these 4% return will hardly able to beat the inflation.
Sorry HDFC Life, even with Zero Allocation Charges HDFC Life Click 2 Invest ULIP plan can’t be able to meet
someone’s financial requirement. What do you think about this plan? Do you know how complex is ULIP plans
are? Why do you make your financial life complex with such investment? Or can you simply prove here that this
plan is the best product to invest?
Need all your valuable comments to make this article worth. Thanks for reading…