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Last updated: 19 Sep 2025, 01:21 PM
HDFC Life Insurance: A Trusted Partner for Your Future
HDFC Life Insurance Company Limited, headquartered in Mumbai, is one of India's leading private life insurance providers, established in 2000 as a joint venture between HDFC Ltd. (India's premier housing finance institution) and abrdn plc (a global investment firm from the UK). It pioneered the private sector in India's life insurance market post-liberalization.
In-Depth Details
Key Highlights
- Products Offered: A diverse portfolio of 37 individual and 8 group plans, including term protection, savings & investment (ULIPs), pension & retirement, annuity, health, and child plans—tailored for protection, wealth creation, and financial security.
- Reach & Scale: 652 branches across India, insuring ~5 crore lives, with Assets Under Management exceeding ₹3.4 lakh crore (FY 2024-25).
- Performance Metrics: Individual Death Claim Settlement Ratio of 99.68% (FY 2024-25); Sum Assured on new business: ₹13.8 lakh crore.
- Achievements: Recognized as a Superbrand in 2025; awarded for innovation in automated underwriting and excellence in corporate governance.
HDFC Life focuses on customer-centric solutions, ensuring hassle-free claims (including same-day processing for eligible cases) and sustainable growth. For personalized plans
