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JetPrivilege ties-up with HDFC Life to bring Group Term Insurance plan for its members

JetPrivilege ties-up with HDFC Life to bring Group Term Insurance plan for its members

India Blooms News Service | | 02 Dec 2016, 05:40 pm
Mumbai, Dec 2 (IBNS): JetPrivilege, the award-winning loyalty and rewards management programme and the frequent flyer programme of Jet Airways, in association with HDFC Life, one of the leading insurance solutions providers in India, has introduced a unique one-year life insurance term plan created for JetPrivilege members.

This innovative offering will be available only on where a JetPrivilege member will be able to opt for the policy without leaving the comfort of their homes.

The customised Master Policy which includes benefits such as affordable premium, eligibility without medical tests or paperwork, and a one-year term plan with 365 days’ coverage is designed to meet the needs of JetPrivilege members. Members can choose between Rs.50 Lakh cover plan or Rs.75 lakh cover plan basis their membership tier within the programme.

Manish Dureja, Managing Director, JetPrivilege, said, “JetPrivilege is pleased to announce its association with HDFC Life, to provide Group Term Life Insurance to our members. Selecting the right insurance plan is important and we are confident that our latest offering will immensely benefit our members. This new partnership is an exciting first for JetPrivilege, and we will continue to be in the forefront of introducing innovative products and services that will strengthen our overall value proposition for our members.”

Amitabh Chaudhry, MD & CEO, HDFC Life, said, “We are proud to announce our partnership with JetPrivilege, one of our first partnerships in the loyalty space in India. As a value proposition to JetPrivilege members, we have enabled Group Term Life Insurance benefit with an enrolment experience that is completely seamless and online, hassle free and paper-less. Our ability to work with multiple partners both from online & offline space, innovation led strategy and strong technology driven processes will help create more such propositions in the future.”