Policybazaar, a popular online insurance marketplace, has partnered with HDFC Life to offer a new term insurance product called “HDFC Life Click 2 Protect Ultimate”. This policy offers 100% claim assurance, which is a unique feature in the insurance industry. The plan includes a return of premium on maturity, a terminal illness benefit, and a smart exit option that allows policyholders to receive their entire premium back, excluding taxes, if they choose to exit the policy.
The policy is targeted at salaried professionals earning ₹10 lakh or more annually and requires a rigorous medical underwriting process to maintain its claim assurance. The policy is available in major cities across India, including Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Kolkata, Ahmedabad, and Pune.
One of the key benefits of this policy is the 100% claim assurance, which provides peace of mind to policyholders and their loved ones. The policy also offers a range of benefits, including a return of premium on maturity and a terminal illness benefit that pays out a lump sum if the policyholder is diagnosed with a terminal illness.
Policybazaar is a well-established online insurance marketplace that offers a range of insurance products from various insurance companies. The company’s partnership with HDFC Life further consolidates its position in the insurance market and provides customers with additional options to consider.
Overall, the “HDFC Life Click 2 Protect Ultimate” policy is a unique offering that provides significant benefits to policyholders, including 100% claim assurance, a return of premium on maturity, and a smart exit option.