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Overview Of HDFC Life Insurance Company LTD
HDFC Life Insurance is a joint endeavour between HDFC Limited and Standard Life Plc of United Kingdom.
This is principal private disaster protection organization to set shop in India and began its activities in late 2000.
HDFC Limited is a pioneer in India’s lodging account industry and has been in tasks since 1977.
It has in excess of 270 workplaces and administrations in excess of 2400 urban communities crosswise over India.
The World Bank has adulated HDFC as show lodging account organization for the creating nations.
The UK based Standard Life Group is a protection and venture industry pro with a history going back to the most recent decade and a worldwide presence.
This alongside the associations with gathering organizations like HDFC Bank and HDFC Life Insurance gives it a lucky reach among the private extra security organizations.
The organization likewise has gone into a tie-up with Saraswat Bank and Indian Bank to move their protection items through their system.
The organization’s notice crusade of “Sar Utha Ke Jiyo” was a fruitful one which struck a harmony in the Indian purchaser minds.
The organization offers a solid blend of customary and unit connected items which take into account assurance, reserve funds annuity, venture and wellbeing prerequisites of people.
HDFC extra security co. Ltd. is one of the highest gamers in the protection market.
Founded in the year 2000, HDFC life is an organization among lodging.
Improvement Finance Corporation Limited, one of the greatest lodging account gathering and Standard Life Aberdeen plc( one of the world’s biggest venture organizations).
Disaster protection is a sort of strategy that helps the safeguarded at each vital phase of his life.
It likewise helps with having a protected post-retirement life.
A few designs under the disaster protection arrangement are structured in a way that can give required money related help when the guaranteed needs it most.
Also read: SBI Life Insurance
Highlights of HDFC Life Insurance
The company’s vision is to offers innovative and customer-centric insurance plans that can help our client secure their family’s future as well as help them with other benefits such as tax savings.
Keeping this in mind we provide a large range of life insurance plans such as term insurance plan, women’s plan, health insurance plan, pension plans for retirement planning, child education plans, ULIPs, saving and investment Plans.
- HDFC Life Insurance has its presence in more than 980 cities and towns over India.
- HDFC Life Insurance Company has also established a liaison office in Dubai.
- It has a Multi-channel distribution system for its insurance.
- The company has successfully
honored97.62% personal claims and 97.67% Group claims for the financial year 2016-17.
Benefits Of HDFC Standard Life Insurance
- HDFC Life Insurance offers a different range of life insurance plans such as protection, pension, savings, health, and investment.
- Its vast network and distribution channel have ensured that their investment products are available in all major cities and towns in India.
- HDFC Life Insurance company also provides customization of insurance plans such as enhanced rider protection for an extra premium.
- This company has a healthy claim settlement ratio which means its claim settlement process is hassle-free and it offers good service to its customers.
HDFC Life Insurance Plans
HDFC Life Insurance policy is very important for individuals.
These are provided with different types of facilities.
HDFC Life insurance policy is very easy and hassle- treatment.
It is a very fast online process.
They have held hands to give clients an assortment of inclusion and venture items comprehensive of assurance, benefits, reserve funds, speculations, wellbeing, children, and ladies, with this sort of various portfolio, the business endeavors to meet individual security and riches enhancing necessities and offer a specially crafted monetary answer for everybody.
Also read our blog on Max Life Insurance
HDFC Life Insurance Plans under classified as:
HDFC Life Online Insurance Plans
These designs are overall classifications Protection, Saving, and Investments, Health and Retirement.
These can be obtained and re-established on the online stages along these lines offering different online protection arrangement alternatives.
- HDFC Life Click 2 Protect 3D Plus Plan:
HDFC Life Click 2 Protect 3D Plus is an online term protection plan that offers far-reaching security at a moderate cost.
3D represents the three vulnerabilities that we look sooner or later in time, i.e. Demise, Disability, and Disease.
With this online term approach, guarantee that your family is defended fiscally if an unforeseen inevitability happens.
- HDFC Life Click 2 invest-ULIP Plan:
A Unit Linked online venture plan with disaster protection inclusion.
- HDFC Life Cancer Care Plan:
This plan offers singular amount advantage on the conclusion of Cancer that shields your salary and investment funds from costs.
- HDFC Life Click 2 Retire-ULIP Plan:
This is an online Unit Linked Plan that offers you showcase connected returns, with insignificant charges.
- HDFC Life Easy Health Plan:
Basic ailment protection gives a singular amount installment on the off chance that the policyholder is determined to have a wellbeing related state of a genuine sort.
A portion of this basic ailment incorporate Heart attack, Cancer, Paralysis, Coronary conduit sidestep medical procedure, Major organ transplant, Stroke, Kidney Failure.
HDFC Life Insurance Term Plans
Term plan is a complete inclusion plan that is intended to give security a wide assortment of cover alternatives notwithstanding guaranteeing that your family is guaranteed of fiscal solidness even in your nonattendance.
- HDFC Life Click 2 Protect 3D Plus:
HDFC Life Click 2 Protect 3D Plus is a term protection plan which guarantees insurance against the 3 projections of life-passing, incapacity, and sickness.
The 9 plan alternatives will enable you to pick the most reasonable arrangement choice according to your prerequisite.
- HDFC Life Click 2 Protect Plus:
One more term protection plan in India which gives you complete assurance at a reasonable cost and encourages you to secure yourself and your friends and family against the vulnerabilities that life may toss at you.
This term extra security strategy gives an extensive variety of cover choices and you can pick the cover contingent upon your need.
You can even anchor your family’s everyday prerequisites when you are not around by method for a month to month salary under pay and pay in addition to choice.
- Snap 2 Protect Health:
HDFC Life Insurance and Apollo Munich Health Insurance have held hands to present to you the advantages of wellbeing and protection in a thorough and moderate.
5% rebate on total premium on the buy of Click 2 Protect Health.
A client needs to give a solitary check, go for single documentation and a single medicinal test to purchase this approach.
Also read: What is life insurance?
HDFC Life Insurance Reserve funds and Investment Plans
Protection is an entirely sheltered monetary device to anchor your future.
Savings and speculation plan give singular amount funds to meet your future costs.
- HDFC Life Sanchay:
A non-taking an interest protection plan, that offers ensured benefits alongside adaptability to pick your venture skyline.
Ensured advantages of 220% to 325 of the whole guaranteed on development relying on the strategy term.
- HDFC Life Sampoorn Samridhi Plus:
It is a piece of Par life subsidize, 22% of which was put resources into Equities as at 31st March 2017.
This value extent is at the reserve level and would be distinctive for an individual arrangement and would shift amid the term of the approach.
- HDFC Life Classic Assure Plus:
This arrangement offers significant security to your family by the method for singular amount installment in the event of a terrible end amid the strategy term.
It turns out with the adaptability to pay premiums every year half-yearly/month to month/quarterly relying upon your accommodation.
HDFC Life Insurance Medical Coverage Plan
Medical coverage is a sort of protection that gives inclusion to restorative costs to the policyholder.
Contingent upon the medical coverage plan picked the policyholder can get inclusion for basic sickness costs, care costs, doctor’s facility costs and so forth.
- HDFC Life Cancer Care.
- HDFC Life Easy Health Plan
- Snap 2 Protect Health.
- Life Cardiac Care Of HDFC
- HDFC Life Super Income Plan
- Life Sampoorn Nivesh Of HDFC
- HDFC Life ProGrowth Flexi
- Life ProGrowth Plus Of HDFC
- HDFC Life ProGrowth Plus
- HDFC SL ProGrowth Super II
- SL Crest HDFC
- HDFC SL ProGrowth Maximiser
- Life Uday Of HDFC
- HDFC Life Capital Shield
- SL Sarva Gramin Bachat Yojana Of HDFC
- HDFC Life Pragati
Also read: Birla sun life insurance
HDFC Life Insurance Retirement Plans
Benefits designs otherwise called retirement designs are speculation designs that given you a chance to assign a piece of your investment funds to amass over some undefined time frame.
Give you unfaltering pay after retirement.
Regardless of whether a man has a decent measure of investment funds, a benefits plan by and by urgent.
- HDFC Life Personal Pension Plus:
Lifelong guaranteed income annuity after retirement.
Option to leave a legacy for a loved one.
Confident benefit Maturity.
- BSLI Vision Life Income Plan:
Earn a steady income till age 100.
Offers your family with comprehensive financial protection.
- HDFC Life Guaranteed Pension Plan:
Require a retirement kitty for meeting post-retirement income needs.
An option to pay a premium for limited pay term(5/7 or 10 years) with no long-term commitment.
Lifelong guaranteed income as an annuity after retirement.
- HDFC Life New Immediate Annuity Plan:
Non liked traditional annuity plan that covers you various annuity options and secures yours.
Financial dependence below retirement.
Take annuity as long as you or your partner are alive.
Multiple Annuity options to select from.
- HDFC Life Assured Pension Plan-ULIP:
Secure your retirement with confident vesting benefit and gain from upside in the market.
Devotion additions in the form of Pension Multipliers every alternate year, starting in the 11th year.
HDFC Life Insurance Minor/Child Insurance Plan
There is extremely no better blessing you can give your child, than the guarantee of a safe future with kid designs that incorporate tyke protection designs and child instruction designs.
- HDFC Life Youngstar Super Premium Plan:
A unit linked insurance product that secures your minor’s dream even when you are not around!
Annual payments to your family in case of your unfortunate demise.
Select from two insurance cover options along with benefit payment preference.
- HDFC Life Youngstar Udaan- Child Plan:
Option to take guaranteed payouts in the last 5 policy years or lump sum benefit at the end of the policy term
The option of premium waiver benefit, wherein all future premiums are waived in case of your unfortunate demise in the policy term.
Also read our blog on Exide Life Insurance
HDFC Life Insurance Ladies Insurance Plans
This plan takes into account the distinctive monetary requirements of ladies.
Ladies’ designs are an arrangement of exceptionally made and hand-picked items which suit the requirements of ladies at various phases of their life;
for example, security, wellbeing, retirement, tyke’s training, and long-haul funds and ventures.
- HDFC Life Smart Women Plan:
HDFC Life Smart Women Plan, a life coverage approach for ladies that offers wings to your goals.
The arrangement guarantees your investment funds develop abandoning you allowed to seek after you vocation and keep having any kind of effect on people around you.
HDFC Life Insurance Combo Plans
The following is the mix of at least two designs that give the needful and satisfactory inclusion which can run well with a man’s prerequisites.
- HDFC Life Click2Protect 3D in addition to + Cancer Care
- In addition to Critical Illness Plus Rider, +HDFC Life Click2Protect 3D can also be combined.
- HDFC Life Click2Protect 3D in addition to + Income Benefit On Accidental Disability Rider
Documentation Needed To Apply For HDFC Life Insurance Policy
You need to fill and sign the proposal form, illustration copy, and the most important Document.
Proposal Form consists of Plan details and individual details of the life to be Assured, Nominee, Beneficiary, and Appointee.
The demonstration copy contains basic policy details such as the policy term, frequency, plan name and assumed returns on investment at various stages of the policy including the effect of charges.
Most important Document in a one-page declaration Form which you require to fill, that will serve as an understanding of the key features of your policy.
The following documents are considered valid:
- Aadhaar card, a biometric, digital and physical identity system.
- Indian passport or an Overseas Passport
- Electoral Photo Identity Card issued by the Election Commission of India.
- Overseas Citizenship of India Document
- Person of Indian Origin Card
- Permanent account number card (PAN Card).
- Driving license in India issued by the states
- Ration card issued by the Government of India.
- Identity Certificate for non-citizens or stateless people
- A birth certificate issued by the Registry of Births and Deaths or from a municipality within the provisions of the RBD Act
- Transfer/School leaving /Matriculation Certificate.
Also read: Aviva Life Insurance
HDFC Life Insurance Online Payment
Multiple ways to pay premiums online using Net Banking, Credit Card, Debit Card, Bill Pay along with various offline and auto payment options. HDFC Life Insurance Payment is very easy.
When it comes to making timely premium payments for your policy is extremely important.
If you miss an HDFC Life Insurance Payment, your policy is in danger of lapsing and you can end up losing coverage altogether.
To prevent this from happening, HDFC Life Insurance has set up a simple and easy online premium payment facility using which policyholders can conveniently pay their policy premiums online.
HDFC Life Insurance Online Payment Via Quick Pay
To offer their customers a hassle-free online premium payment experience, HDFC Standard Life insurance has introduced Quick Pay.
This facility can be used by policyholders on various browsing platforms and enables one to make their policy premium payments in a secure and swift manner.
The steps to make payments using Quick Pay are as follows:
- Go to the HDFC Life Insurance website and click on the Customer Service Section.
- Next, you will be redirected to the Customer Service page where you can find the tab labeled ‘Pay Premium’.After Life Insurance Premium Receipt Download.
- On this tab, click on ‘Pay Premium Online’ and you will be redirected to the Quick Pay page.
- Next, you will need to provide your policy number and your date of the birth following which your details and premium due to details will be displayed on the screen.
- Confirm your details and make the premium payment.
HDFC Life Insurance Online Payment Via Auto Pay
- HDFC Life Insurance policyholders can make premium payments online via the NEFT or SMS service.
- To do so, they will be required to add or register HDFC Life as a beneficiary in their net bank account.
- Before making premium payment via NEFT/eCMS, ensure that you have chosen the correct policy type.
- Premiums can only be paid for policies which are active.
- Confirm your due premium amount and pay exactly that.
- After you have made the payment, you will receive a premium receipt which will
HDFC Life Insurance Policy Renewal Online
Renew Insurance Policy – Online Insurance Renewal by HDFC Life
HDFC Life Insurance introduces spot revival scheme to a life insurance policy.
Revive your policy with this immediately online insurance renewal scheme and enjoy various benefits.
HDFC Life Insurance Policies and Plan in India
A life insurance company in India covering the best life insurance plan and policies covering a range of life insurance products like term insurance, saving, ULIP, investment, and pension policies.
Get your life insurance as early as possible.
HDFC Life Insurance C
Financial Tools and premium Calculators
Use our area of interactive tools and life insurance premium calculators to plan for your financial goals.
These tools will help in quantifying your goals such as savings, retirement, education, wedding and life insurance.
Human Life Value Calculator
The Human Life Value Calculator helps you identify your life insurance needs on basis of income cost, liabilities, and investments and secure your family’s future.
Save Tax Calculator
Tax Calculator by HDFC Standard Life Insurance is simple and easy to use tool that helps calculate the balance of tax payable by you.
It takes into consideration the various parameters like your income, various investments, age, gender, and other factors to give you an estimated amount of tax you will have to pay.
Calculate how much you need to grow your wealth to ensure a smooth and hassle-free post-retirement life with HDFC Life Insurance Retirement Planning and pension calculator.
Marriage Expense Calculator
The child’s future Wedding planning calculator by HDFC Life Insurance is specially designed to calculate the marriage cost and to help you towards planning a memorable wedding for your child.
Child Education Expense Planner Calculator
Plan for your minor’s bright future with the child education calculates the total education cash. against expansion cost and give your child the best education.
Body Mass Index Calculator.
Body Mass Index is a number calculated from an individual’s weight and height.
BMI is an inexpensive and easy-to-perform method of screening for weight categories that may lead to medical problems. Check out your BMI using this source by HDFC Life.
Review of HDFC Standard Life Insurance
HDFC Life has a vast range of life insurance products to offer for each type of investor with additional distribution channels and partners for its products and services.
They also have an impressive track record of same day claim processing and a healthy claim settlement ratio of 97.62% for individual claims and 99.67% for group claims as per FY 2016-17.
HDFC Life Insurance Customer Care
HDFC Life Insurance Company Limited.
CIN: L65110MH2o PLC128245
IRDAI Reg. No. 101
HDFC Life Insurance Company Limited Lodha Excelus, 13th Floor, Apollo Mills Compound, N. M. Joshi Marg, Mahalaxmi Mumbai 4oo o11
Tel No: (022)67516666
Email: buyonline @hdfclife.in
HDFC Life Insurance toll free number: 1800 266 9777