HDFC Life Insurance Company
HDFC life is one of the leading life insurers in INdia offering a variety of life insurance solutions to individuals and groups. HDFC Life’s plans cater to the need of protection, savings, and pension over the past two decades.
HDFC life is committed to enable individuals to live a life of pride. In this quest to change people’s lives, they have reimagined insurance through effective usage of technology to come up with products that are effective in meeting the increasing expectations of the customers.
As of 2021-22, they have insured over 5.4 crore Indians. With 372 branches all over India and tie-ups with a multitude of distributors and agents, they are effectively taking their products to all segments of the society. Their AUM for 2021-22 is 2,04,170 crores.
Vision
They aspire to become the most obvious choice for all needs related to Life Insurance and investments.
Mission
Being one of the most trusted companies in the life insurance segment, HDFC Life insurance aspires to achieve excellence in every action of theirs aspiring to be the best in this segment. They are driven by their belief in excellence, integrity, and customer centric approach.
- Superbrand for the 8th time in the row in 2021-22
- Best use of AI and Machine learning and Best Product Innovator in 3rd BFSI Technology excellence awards
- Women in Insurance Leadership award at Emerging Insurance Awards 2022
- Experience Maker Executive of the Year at Adobe Experience Make Awards 2022
- Gold Award at 2022 Brandon Hall Excellence Awards
- Finnoviti Awards 2022
- Market Disruptor of Year in Amazon AI Conclave Awards 2021
- 2021 Insurer and Insurtech Awards
- One of the 50 Most Trusted Brands in India
Life Insurance Plans at HDFC
HDFC Term Insurance Plans
Term Insurance is a kind of policy which offers coverage for a fixed term. If the insurer dies with in that fixed term, a death benefit is paid to the individual’s nominee. HDFC Life Insurance has come up with a most cost-effective way through certain plans to secure your family’s financial future.
HDFC Savings Plan
Timely savings can help you realize your goals at any risks. HDFCLife has various savings plans that allow you to enjoy guaranteed returns at regular intervals.
HDFC ULIP Plans
An Insurance cover only takes care of your family’s needs if you are not around. Considering today’s inflation, you would need higher returns for your investments. It is very important that the amount you invest aligns with your financial goals. ULIP is the best way to invest as it combines both Insurance and investment.
HDFC Life has a variety of ULIP Plans that allow you to grow your corpus and reap the benefits from your investment
HDFC Retirement Plans
Do you want to maintain the same standard of living even after retirement? If yes, then you ought to make arrangements to ensure that you have enough corpus. As life expectancy has increased, the spending rate has also increased drastically. So, it is important to save money for your needs and wants in the future. Retirement Plans come in two ways.
- Pension Plan – Save money systematically over the years and enjoy a steady income once you retire
- Annuity Plan – With a pension plan, you have something called accumulation phase, during this time, you put your money in periodically, at the time when you retire, you can purchase an annuity with these accumulated funds. Then Annuity provides you regular payments as per the terms of policy.
HDFC Life has a range of Retirement Plans,
HDFC Child Plans
A Child brings immeasurable joy to their parents. But it is essential to plan their children’s financial future. Child Plans give option to tuition fee, higher education fees, and marriage expenses. It’s the responsibility of every parent to give your child a strong foundation, which is what a child plan can provide. Child plans allow parents to pick a life cover amount and select how they want to invest their money that helps their child’s future. HDFC Life offers a bevy of Child Plans which will help you build a corpus for your child
SL YoungStar Super Premium
Youngstar Udaan
HDFC Group Insurance Plans
HDFC Life offers various group plans that help employers/groups to meet their employee obligations in a cost effective manner. These plans give coverage to employees’ families in the event of their untimely death or upon diagnosis of a critical illness.
HDFC Life offers schemes for retirement, protection, and health.
Group Retirement Schemes,
Group Protection Schemes,
Group Protection Schemes,