HDFC Life, one of India's leading private life insurance companies, offer a range of individual and group insurance solutions. It is a joint Venture between Housing development finance corporation Limited (HDFC), India's leading housing finance institution and standard life PLC, the leading provider of financial 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 Life's product portfolio, comprises solutions, which meet various customer needs such as Protection, Pension, Saving, 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 portfolio, along with ten optional rider benefits catering to the saving, investment, protection and retirement needs of customers.
HDFC Life continues to have one of the widest reaches among new insurance companies with more than 500 branches servicing customer needs in over 700 cities and towns. The company has strong base of Financial Consultants. |
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