HDFC Life Click 2 Achieve Par Advantage Plan is a long-term life insurance savings plan that offers guaranteed benefits, life cover, and bonus income. This plan is ideal for retirement planning, child future planning, and safe investment. Read this complete guide to know features, benefits, returns, and whether this plan is good or bad in 2026.

HDFC Life Click 2 Achieve Par Advantage Plan – Complete Details, Benefits, Returns & FAQs (2026 Guide)

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If you are looking for a safe long-term savings plan with life insurance, the HDFC Life Click 2 Achieve Par Advantage Plan can be a good option.

This plan gives you:

  • Life insurance protection
  • Guaranteed benefits
  • Bonus income (non-guaranteed)
  • Flexible payout options

In this article, I will explain everything in very simple English so you can easily understand whether this plan is right for you or not.

What is HDFC Life Click 2 Achieve Par Advantage Plan?

HDFC Life Click 2 Achieve Par Advantage Plan is a non-linked participating life insurance savings plan.

This means:

  • Your money is not invested in the stock market.
  • You get guaranteed benefits.
  • You may get an additional bonus based on the company’s performance.
  • You get life insurance cover during the policy term.

It is a combination of insurance + savings + income planning.

Main Features of This Plan

1. Life Insurance Cover

If the policyholder dies during the policy term:

  • The nominee gets a death benefit.
  • Future premiums may be waived (as per option).
  • Policy benefits may continue.

This gives financial security to your family.

2. Five Benefit Options

You can choose from 5 options based on your goal.

1. Lump Sum Option

You get the full amount at maturity.

Best for:

  • Child education
  • Marriage planning
  • Retirement corpus

2. Balanced Income Option

You get:

  • Regular income
  • Plus a lump sum at maturity

Good for people who want both savings and income.

3. Early Income Option

Income starts earlier during the policy term.

Good for:

  • Planning regular expenses

4. Enhanced Income Option

Income increases over time.

Good for:

  • Increasing family expenses
  • Long-term planning

5. Guaranteed Income Option

You get a fixed yearly income.

Best for:

  • Retirement income
  • Passive income planning

Bonus Benefit

This is a participating plan.

You may receive:

  • Cash bonus
  • Terminal bonus

Important: Bonus is not guaranteed. It depends on company’s performance.

Policy Continuance Benefit

This is a strong feature.

If the policyholder dies:

  • Family receives death benefit.
  • Future premiums are waived.
  • Policy continues.
  • Family still receives future benefits.

This ensures your family goals are not affected.

Example (Simple Understanding)

Let’s understand with an example.

Ramesh, age 35, buys this plan:

  • Sum Assured: ₹10 lakh
  • Premium: ₹50,000 per year
  • Policy Term: 20 years

At maturity, he may receive:

  • Guaranteed benefit: ₹10 lakh
  • Bonus: ₹4–5 lakh (example)

Total: Around ₹14–15 lakh

Plus he had life insurance protection for 20 years.

Expected Returns

Average return may be around:

4% to 7% per year (approx)

Returns depend on the bonus declared.

This plan is suitable for:

  • Low-risk investors
  • People who prefer guaranteed plans

Not suitable for:

  • High return seekers
  • Stock market investors

Eligibility Details

Minimum Entry Age: 30 days

Maximum Entry Age: Around 65 years

Policy Term: 10 to 40 years

Premium Payment Term Options:

  • 5 years
  • 6 years
  • 8 years
  • 10 years
  • 12 years

Tax Benefits

You can get tax benefits under:

Section 80C – Premium deduction up to ₹1.5 lakh

Section 10(10D) – Maturity amount may be tax-free (as per rules)

Always check the latest tax rules before investing.

Advantages of HDFC Life Click 2 Achieve Par Advantage Plan

  • Life insurance protection
  • Guaranteed benefits
  • Flexible payout options
  • Bonus earning opportunity
  • Good for long-term goals
  • Tax benefits available
  • Suitable for conservative investors

Disadvantages

  • Returns are moderate
  • Bonus not guaranteed
  • Long lock-in period
  • Lower returns compared to mutual funds

Who Should Buy This Plan?

This plan is good for:

  • Salaried employees
  • Parents planning for children
  • People planning retirement
  • Risk-averse investors
  • Those who want a guaranteed income

Who Should Avoid This Plan?

  • Investors looking for high returns
  • Short-term investors
  • People needing high liquidity
  • Active stock market investors

Is This Plan Better Than Term Insurance?

Term insurance:

  • Low premium
  • High coverage
  • No maturity benefit

This plan:

  • Higher premium
  • Lower life cover
  • Maturity benefit available

Best strategy for many people:

Buy term insurance for protection
Invest separately for wealth creation

Frequently Asked Questions (FAQs)

1. Is HDFC Life Click 2 Achieve Par Advantage Plan safe?

Yes. It is a non-linked plan with guaranteed benefits. It is regulated by IRDAI.

2. Is the maturity amount guaranteed?

Guaranteed benefit is fixed.
Bonus is not guaranteed.

3. What is the minimum premium?

It depends on the option chosen and sum assured. Premium varies for each person.

4. Can I surrender the policy?

Yes, you can surrender after completing minimum required years. However, early surrender may give lower value.

5. What is the return percentage?

Expected return is around 4% to 7%, depending on bonus.

6. Is it good for retirement planning?

Yes, especially if you choose the guaranteed income option.

7. Can I cover my spouse?

In some options, spouse coverage may be available.

Final Verdict

HDFC Life Click 2 Achieve Par Advantage Plan is a good option if you want:

  • Safe long-term savings
  • Life insurance protection
  • Guaranteed income
  • Low-risk investment

It is not ideal if your main goal is high returns.

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