{"id":6717,"date":"2017-03-04T09:58:49","date_gmt":"2017-03-04T09:58:49","guid":{"rendered":"http:\/\/www.YourChennai.com\/?p=6717"},"modified":"2017-03-04T09:59:37","modified_gmt":"2017-03-04T09:59:37","slug":"etmoney-joins-forces-hdfc-life-bring-indias-first-data-led-life-insurance-policy-millennials","status":"publish","type":"post","link":"https:\/\/yourchennai.com\/index.php\/2017\/03\/04\/etmoney-joins-forces-hdfc-life-bring-indias-first-data-led-life-insurance-policy-millennials\/","title":{"rendered":"ETMONEY joins forces with HDFC Life to bring India\u00e2\u20ac\u2122s first data-led life insurance policy for millennials"},"content":{"rendered":"
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ETMONEY, the Times Internet backed financial services app, today announced the launch of an exclusive data-led group term insurance plan in partnership with HDFC Life, one of India\u00e2\u20ac\u2122s leading private life insurance companies. This is India\u00e2\u20ac\u2122s first term insurance plan which is based on the spend pattern of the users.<\/u><\/u><\/p>\n

Offered as an exclusive benefit to ETMoney\u00e2\u20ac\u2122s 1\u00c2\u00a0million+\u00c2\u00a0users, the group term life insurance plan offers coverage\u00c2\u00a0between Rs.\u00c2\u00a025 lacs to Rs. 50 lacs that is calculated based on the\u00c2\u00a0user\u00e2\u20ac\u2122s spend pattern. Secondly, ETMoney users can also save\u00c2\u00a0upto 30% of the premium paid as a tax benefit under section 80C of the Income Tax Act.\u00c2\u00a0With first-time insurance buyers in mind, this plan\u00c2\u00a0simplifies\u00c2\u00a0the policy buying process by eliminating all paperwork, medical tests, income requirements and manual intervention that is common in a regular insurance policy. The easy workflow within the app makes it possible to buy a plan in less than two minutes.<\/u><\/u><\/p>\n

\"ETMONEYMr. Mukesh Kalra, COO of ETMoney, further added, \u00e2\u20ac\u0153Young earners in India are significantly\u00c2\u00a0under insured. The term plan is designed grounds up for this segment and it acts as a simple, paperless & cost effective way to start their insurance journey.\u00c2\u00a0Partnering with an Industry leader like HDFC Life substantiates\u00c2\u00a0our data-led, mobile-first approach and we are proud to work with HDFC Life to design this digital\u00c2\u00a0policy”<\/u><\/u><\/p>\n

Commenting on the partnership, Mr. Amitabh Chaudhry, MD & CEO of HDFC Life said, \u00e2\u20ac\u0153In keeping with our endeavour to be a digital first organization, we have undertaken multiple initiatives and harnessed various innovations to transform the way we do business through digitization and achieve customer delight. We\u00e2\u20ac\u2122re proud to say that our association with ET Money will enable us to reach out to the millennial customer through one\u00e2\u20ac\u2122s most preferred medium in a paperless, self-help environment with privacy and convenience. This financial planning management app brings insurance at the finger-tips of the discerning new-age generation.\u00e2\u20ac\u009d<\/u><\/u><\/p>\n

ETMoney app is available for free on\u00c2\u00a0Android playstore<\/a>.<\/u><\/u><\/p>\n","protected":false},"excerpt":{"rendered":"

ETMONEY, the Times Internet backed financial services app, today announced the launch of an exclusive data-led group term insurance plan in partnership with HDFC<\/p>\n","protected":false},"author":1,"featured_media":6719,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,7018,30],"tags":[8776,8958,8780,8961,4430,8959,8960],"class_list":["post-6717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-companies-economy","category-investments","category-news-business-political-national-realestate","tag-data-led-life-insurance-policy","tag-etmoney","tag-financial-services-app","tag-group-term-insurance-plan","tag-hdfc-life","tag-millennials","tag-times-internet"],"views":2054,"jetpack_featured_media_url":"https:\/\/yourchennai.com\/wp-content\/uploads\/2017\/03\/ETMONEY-joins-forces-with-HDFC-Life-to-bring-Indias-first-data-led-life-insurance-policy-for-millennials-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/6717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/comments?post=6717"}],"version-history":[{"count":1,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/6717\/revisions"}],"predecessor-version":[{"id":6720,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/posts\/6717\/revisions\/6720"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/media\/6719"}],"wp:attachment":[{"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/media?parent=6717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/categories?post=6717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourchennai.com\/index.php\/wp-json\/wp\/v2\/tags?post=6717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}