Mumbai, Feb 24 (UNI) HDFC Life on Monday launched its latest product HDFC Life Click 2 Achieve Par Advantage.

At launch, Aneesh Khanna – Head of Products & Segments, HDFC Life, said “We, at HDFC Life, believe that life insurance products need to be designed to fit the specific needs of every individual, depending on their age, life stage, current income and plans. Every individual dreams of a financially secure future for their loved ones and also of achieving goals such as buying a home, sending their children for higher education to a prestigious institute, etc. These dreams need long-term planning with an instrument that offers flexibility, liquidity, and financial security. HDFC Life Click 2 Achieve Par Advantage has been designed to offer a solution to individuals who endeavour to create a better future and protect their dreams against uncertainties with a financial safety net.”

It has been designed keeping in mind milestones associated with the different life stages of an individual.

He further said that through the Policy Continuance Benefit (PCB),option, future premiums are waived in case of death of the Life Assured. The Death Benefit is paid out as a lump sum immediately and also the future benefits under the plan continue for the nominee or survivor.

Choice of Death Benefit Multiple options enables one to choose a customised Death Benefit Multiple – 5x, 7x, or 11x – as per their need.

Through the Paid Up Addition option, one can convert partial or the entire cash bonus payable into Paid-Up Additions which can be encashed anytime during the term of the policy.



Customers can choose any combination from the above options as per their future needs, he added.

UNI JS NV BD