Established on 14th August 2000, HDFC Standard Life Insurance Co. Ltd. is a joint venture between Housing Development Finance Corporation Limited (HDFC Limited) – India’s leading housing finance institution, and a Group Company of the Standard Life Plc, UK. The Company is one of leading private insurance companies, offering a range of individual and group insurance solutions, in India. Being a joint venture of top financial services groups, HDFC Standard Life has adequate financial expertise to manage long-term investments safely and resourcefully.
HDFC Standard Life Insurance offers a range of individual and group solutions, which can be easily personalized to specific needs. Its group solutions have been planned to offer complete flexibility, together with a low charging structure. As of 31 December, 2008, the Company’s new business premium income stood at Rs. 1,839.70 Crores; it has covered over 812,811 lives so far. Given below is a comprehensive list of policies and products on offer by HDFC Standard Life Insurance:
Protection Plans
- HDFC Term Assurance Plan
- HDFC Loan Cover Term Assurance Plan
- HDFC Home Loan Protection Plan
Children’s Plans
- HDFC Children’s Plan
- HDFC Unit Linked Young Star II
- HDFC Unit Linked Young Star Plus II
- HDFC Unit Linked YoungStar Champion
Retirement Plans
- HDFC Personal Pension Plan
- HDFC Unit Linked Pension II
- HDFC Unit Linked Pension Maximiser II
- HDFC Immediate Annuity
Savings & Investment Plans
- HDFC Unit Linked Endowment Plus II
- HDFC SimpliLife
- HDFC Unit Linked Endowment II
- HDFC Unit Linked Enhanced Life Protection II
- HDFC Unit Linked Wealth Maximiser Plus
- HDFC Unit Linked Endowment Winner
- HDFC Endowment Assurance Plan
- HDFC Money Back Plan
- HDFC Single Premium Whole of Life Insurance Plan
- HDFC Assurance Plan
- HDFC Savings Assurance Plan
Health Plans
- HDFC Critical Care Plan
- HDFC SurgiCare Plan
Group Plans
- Group Term Insurance Plan
- Group Variable Term Insurance Plan
- Group Unit Linked Plan – Gratuity
- Group Unit Linked Plan – Superannuation
- Group Unit Linked Plan – Leave Encashment