IDBI Fortis launches Termsurance Protection Plan in Gujarat

By ENN,
Ahmedabad: IDBI Fortis Life Insurance today announced the launch of yet another innovative product 'TermsuranceTM Protection Plan'. It is a simple term insurance plan comes with 3 different life insurance cover options to suit the protection needs of different customers, including an innovative 'increasing risk cover' option designed to help beat inflation.

"TermsuranceTM Protection Plan can provide an invaluable protective cover to Indian families in case of the untimely death of the major bread earner. The insurance benefit received by the family can provide the much needed financial assistance to continue with life. Also its innovative increasing risk cover option increases the benefit amount every year by a specific amount, allowing customers to plan for increasing future responsibilities, given the effect of inflation" said Mr. G V Nageswara Rao, MD & CEO of IDBI Fortis Life Insurance.

A family's standard of living can be adversely affected in the absence of the major bread earner. While nothing can replace a beloved family member, TermsuranceTM Protection Plan can provide the family with complete financial independence to live life like before. After all, no one would like their families to become dependant on others in their absence" Mr. Rao explained.