HDFC Life Insurance Co. Ltd

HDFC Life Insurance Co. Ltd

HDFC Life Insurance Company Ltd. is a prominent life insurance company in India. It is a joint venture between HDFC Ltd., India's leading housing finance institution and Standard Life, a UK based insurance company.

HDFC Life's offers insurance products both for individual and groups.

HDFC Ltd. holds 72.37% and Standard Life Ltd. holds 26% of equity in the joint venture, while the rest is held by others.

Investment Plan -

Assurance Plan
Eligibility Description
Minimum Sum Assured NA
Maximum Sum Assured 500000
Minimum Entry Age 18
Maximum Entry Age 50
Maximum Maturity Age 60 Years
Paying Term 10 years
Payment Frequency Monthly,Quarterly,Half Yearly,Yearly

Feature Description
Exclusions No benefit amount indicated if the death of the Life Assured is caused directly or indirectly by suicide within one year of the Date of Commencement or the date of issue of the Policy, if later.
Surrender Value The plan can be surrendered for cash value before maturity
Tax Implications As per the provisions of Section 80C and Section 10(10D) of the Income Tax Act, 1961
Death Benefit Sum Assured plus any bonuses additions
Survival benefit Not Applicable
Guranteed Bonus Yes
Accidental Death Benefit A lump sum payment in case of unfortunate death within the policy term. The lump sum is the basic Sum Assured plus any bonus additions.
Loan Available Not Applicable
Surrender Value get as Loan Not Applicable
Repayment Tenure Not Applicable
Optional Riders Not Applicable
Maturity Benefit At maturity, the plan pays out the basic Sum Assured plus Reversionary Bonuses declared during the policy term. Interim or Terminal Bonus may also be payable, if declared

Need Help in Choosing the right Loan/Insurance?

Interested in *
Name *
Mobile *
E-Mail *
City *


Loan Amount
Interest Rate
Tenure (months)


After getting rejected for a home loan by two banks I thought my wish of owning a home in a city like Mumbai will remain a dream. By chance I came to your site and applied for the loan.

What happened then was a smooth process. It's been my good luck to visit your site and get loan for my dream home.


- Deepak Gupta


© 2014 | Accentiumccentium