Policybazaar and HDFC Life Collaborate to introduce 100% Claim Assurance with HDFC Life Click 2 Protect Ultimate
Mumbai: Policybazaar has partnered with HDFC Life, one of India’s most trusted life insurers, to offer HDFC Life Click 2 Protect Ultimate, a term product with 100% claim assurance1. This innovative solution combines robust financial protection with the assurance of a seamless claim process, catering to customers seeking reliability and transparency in their insurance policies.
The product’s value lies in its commitment to providing a secure financial safety net while addressing two key consumer concerns- ease of purchasing insurance and a smooth, hassle-free claims experience for beneficiaries.
Policyholders have the option to get back premiums paid at thetime of maturity, enhancing the product value.In cases of specified terminal illnesses, the death benefit will be accelerated, ensuring timely financial support. A six-month waiting period applies for this benefit. Policyholders can also choose to get back the entire premium (excluding taxes), if they wish to exit the policy.These features not only offer financial security but also provide peace of mind.
Targeted at salaried professionals earning ₹10 lakh or above,annually, HDFC Life Click 2 Protect Ultimate adopts a rigorous medical underwriting process at issuance to uphold its 100% claim assurance1. HDFC Life Click 2 Protect Ultimate is currently available to customers in major urban centres – Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Kolkata, Ahmedabad, and Pune.
Santosh Agarwal, CBO, Life Insurance, Policybazaar.com,remarked, “HDFC Life Click 2 Protect Ultimate is a testament to our long-standing partnership with HDFC Life. As an industry-first, it reflects our commitment to making insurance more customer-centric by eliminating uncertainties in claims settlement.”
Jatin Sabhani – Chief BroCA & Digital Alliances Officer,HDFC Life, added, “At HDFC Life, we continually adapt to the evolving needs of consumers. Over the years, in partnership with Policybazaar, we have been delivering on our promises and ensuring that our customers’ families
are financially secure during their most vulnerable times. HDFC Life Click 2 Protect Ultimate with 100% Claim Assurance1, further strengthens our proposition.”
HDFC Life Click 2 Protect Ultimate represents a significant advancement in the term insurance landscape, championing innovation, transparency and consumer-centricity.
