Insurance

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.

Term -> Loan Cover Term Assurance Plan

Eligibility Description
Minimum Sum Assured
Maximum Sum Assured No Limit
Minimum Entry Age 18
Maximum Entry Age 55
Maximum Maturity Age 60
Payment Frequency Monthly,Quarterly,Half Yearly,Yearly,Single

Feature Description
Coverage Covers Home Loan and other Loans liabilities
Exclusions No Benefit will be paid if the death of the life assured or the first to die of lives assured is caused directly or indirectly by suicide with in one year from the date of first being covered.
Grace Period Information not available
Pre Mandatory Medical Information not available
Cost Health Checkup Information not available
Number of Riders Covered 3
Riders 1. Critical Illness Benefit 2. Accidental death Benefit 3. Accelerated Sun Assured Benefit
Surrender Value No surrender benefits are payable at any point during the policy term
Revival Laps Policy Information not available
Cancellation Clause Information not available

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