New Term Insurance From Policybazaar, HDFC Life

Policybazaar has partnered with HDFC Life to introduce HDFC Life Click 2 Protect Ultimate, a term insurance plan that guarantees 100 per cent claim assurance. Designed to offer financial security with a seamless claims process, this product aims to address key consumer concerns—easy policy acquisition and hassle-free claim settlements.

A standout feature of the policy is the 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 also allows policyholders to exit the policy and receive a refund of premiums paid (excluding taxes).

Targeted at salaried professionals earning Rs 10 lakh or more annually, the plan follows a rigorous medical underwriting process to maintain its 100 per cent claim assurance. Currently, it is available in major cities, including Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Kolkata, Ahmedabad, and Pune.

Santosh Agarwal, CBO, Life Insurance, Policybazaar, said, “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.”