HDFC Life, one of India’s leading life insurers, has launched its latest flagship term product Click 2 Protect Life. The non-linked, non-participating, individual term plan has been designed to cater to the changing needs in the different life stages of an individual.
The ongoing pandemic has brought about a change in an individual’s approach towards life insurance as a product category. Term insurance has become an important component of every financial plan. HDFC Life’s Click 2 Protect Life offers three main options: (1) Life & Critical Illness Auto-balance, (2) Life Protect option and (3) Income Plus option. All options include both fixed and whole life covers. Add-on features like Return of Premiums, Waiver of Premiums on CI, Accidental Death Benefit and premium payment frequency alteration are available for some options as per pre-disclosed conditions.
