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Tuesday, July 26, 2011

HDFC Life launches ProGrowth Flexi

HDFC Life launches ProGrowth फ्लेक्सी

Mumbai: Private insurer HDFC Life today launched ProGrowth Flexi, a Unit Linked Insurance Plan with minimum monthly premium of Rs 2,500.

“In line with our customer centric approach, for the first time in the industry, HDFC Life offers 30 day free look-in. As ULIPs are the under the new regulatory regime are different, we believe that the customers may need time to get familiar with the new generation of ULIPs and fully comprehend the benefits available under the policy,” HDFC Life Managing Director and CEO Amitabh Chaudhry said in a statement here.

The product also has flexible premium payment options, five investment funds, and the flexibility to change premium paying term.

This ULIP product is targeted at those who are seeking a life insurance plan that is affordable and flexible and at the same time provides value, he added.

HDFC Life is a joint venture between Housing Development Finance Corporation Limited (HDFC) and Standard Life,.

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