Policybazaar and HDFC Life have collaborated to launch HDFC Life Click 2 Protect Ultimate, a term insurance plan that offers 100% claim assurance. This product aims to address consumer concerns about easy policy acquisition and hassle-free claim settlements. The plan stands out with its return of premiums upon maturity, adding value for policyholders. Additionally, in cases of specified terminal illnesses, the death benefit is accelerated after a six-month waiting period, ensuring timely financial support.
The plan is designed for salaried professionals earning Rs 10 lakh or more annually and follows a rigorous medical underwriting process to maintain its 100% claim assurance. It is currently available in major cities, including Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Kolkata, Ahmedabad, and Pune.
According to Santosh Agarwal, CBO, Life Insurance, Policybazaar, “HDFC Life Click 2 Protect Ultimate is a testament to our commitment to customer-centric insurance, eliminating uncertainties in claims settlement.” Jatin Sabhani, Chief BroCA & Digital Alliances Officer, HDFC Life, added, “We continuously adapt to consumer needs, ensuring financial security for families in vulnerable times. This product further strengthens our proposition.”
Overall, HDFC Life Click 2 Protect Ultimate aims to provide financial security with a seamless claims process, easy policy acquisition, and a return of premiums upon maturity. It is a testament to the companies’ commitment to customer-centric insurance and financial security for families in vulnerable times.