Saturday, April 14, 2012

HDFC Life

HDFCL
HDFC Life, one of indias leading private life insurance companies, offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC), Indias leading housing finance institution and Standard Life plc, the leading provider of finacial services in the United Kingdom. HDFC Ltd. holds 72.37% and Standard Life (Mauritius Holding) Ltd. holds 26.00% of equity in the joint venture, while the rest is held by others. HDFC Lifes product protfolio comprises solutions, which meet various customer needs such as Protection, Pension, Savings, Investment and Health. Customers have the added advantage of customizing the plans, by adding optional benefits called riders, at a nominal price. The company currently has 28 retail and 9 group products in its protfolio, along with ten ooptional rider benefits catering to the savings, investment, proteciton and retirement needs of customers.
HCFC Standard Life Insurance Company Limited. In partnership wiht Standard Life. ARN: MC/12/2011/2255.
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