Need help understanding term plan with smart exit ( hdfc click2protect )
31 M salaried 1 cr cover
Need help in understanding which is the better option here - i know return of premium is not good but the premium increases just by ~600
HDFC Click2Protect on policybazaar
Without Smart Exit ( 60 yrs cover):
• Year 1: ₹10,927
• Year 2+: ₹12,488
With Smart Exit ( 62 year cover):
• Year 1: ₹11,176
• Year 2+: ₹13,148
Analysis - Extra cost: ₹660/year
• Extra benefit: ₹2.9L at 57 ( smart exit option )
• Invest ₹660/year separately: ₹1.1L @ 12%
is the smart exit option better ?
I only want term till around 60
u/FabulousDrama9487 — 5 days ago