HDFC Life Insurance

HDFC Life Insurance Company Limited is one of the leading long-term insurance solutions providers in India that commenced operations in the year 2000. Formerly known as HDFC Standard Life Insurance Company Limited, the company is a joint venture between Housing Development Finance Corporation Ltd (HDFC). The company works with five values that are Excellence, People Engagement, Integrity, Customer Centricity, and Collaboration to provide its customers with high-class services.

The insurance company has won several awards, some of which are ‘Best Term Plan of the Year’, for the HDFC Life Click2Protect 3D Plus, 'Change Maker Award 2020’ from the Minister of State for Finance & Corporate Affairs-Government of India, and ‘Platinum at the LACP Vision Awards’ for the 2018-19 Annual Report. The company offers a wide range of plans to cater to the varied requirements of the customers.

Types of HDFC Life Insurance Plans

HDFC Life Insurance offers a wide variety of plans to choose from. Following are the types of life insurance plans offered by the insurance company:

1. Term Insurance Plans: HDFC Life Insurance offers two-term plans namely HDFC Life Click 2 Protect Life and HDFC Life Saral Jeevan Bima.

2. Saving and Investment Plans: HDFC Life Insurance offers 16 saving and investment plans that cater to varied requirements of the insured.

3. Health Plans: HDFC Life Insurance offers 5 comprehensive health plans that one can buy at affordable premiums. These are Cancer Care, Easy Health, Click 2 Protect Health, Cardiac Care, and Click 2 Protect Corona Kavach.

4. Pension Plans: HDFC Life Insurance offers 4 pension plans that offer the insured a dual benefit of investment as well as protection. These are Pension Guaranteed Plan, New Immediate Annuity Plan, Assured Pension Plan - ULIP, and Personal Pension Plus.

5. Child Plans: HDFC Life Insurance offers 3 child plans which cater to specific requirements of children. These are YoungStar Udaan, Click 2 Wealth, and HDFC SL YoungStar Super Premium.