HDFC Life, a leading life insurer in India, has launched a new product – HDFC Life Click 2 Achieve, a guaranteed savings life insurance plan. Speaking on the launch, Aneesh Khanna, Head – Products & Segments, HDFC Life said, “You can now take your first secured step towards fulfilling your dreams with HDFC Life Click 2 Achieve product. A plan that gives you unlimited combinations to enable you to achieve your dreams with the cushion of guaranteed returns.”
The plan offers immediate income as early as the next policy month, is flexible, allowing customization to receive benefits as early income, long-term income, lump sum, or period lump sum. It also offers flexibility in choosing levels of protection with flexible sum assured and rider benefits.
Unique features include the ability to design cashflows to meet dreams, reducing inflation impact on income with an increasing income option, and the flexibility to grow survival benefits at a rate of Savings Bank account + 1.5%. The plan also allows users to choose the amount ROP (Return of Premium) and the year in which they want to receive the same.
