HDFC Life, one of Indias leading life insurance companies, launched ProGrowth Maximiser, a unique single premium Unit Linked Insurance Plan, with three investment options Highest NAV Guarantee, Capital Guarantee, and Free Asset Allocation.
Mr. Amitabh Chaudhry, MD& CEO, HDFC Life, said, We continue to listen to our customers and design products that are flexible to meet their needs. ProGrowth Maximiser is an ideal product in an environment where the economic cycles are getting shorter. It provides our customers the flexibility to choose from multiple investment options as per their needs and risk appetite. Additionally, it has both the limited underwriting and the fully underwritten versions. This will serve both customers segments those looking for better value products and those looking for similar benefits while preferring the ease of over-the-counter life insurance solutions.