HDFC Life Insurance Benefits

HDFC Life Insurance Company Limited (formerly known as HDFC Standard Life Insurance Company Limited) is one of the leading long-term insurance solutions providers in India. HDFC Life offers a wide range of plans that various customers need. These include term insurance plans, health plans, pension plans, child plans, and saving and investment plans. The insurer offers a quick and convenient way of buying life insurance plans online which are economical and involve minimum paperwork.

Why To Buy HDFC Life Insurance?

Here are some reasons to purchase HDFC Life Standard Insurance:

1. Variety of Products: HDFC provides a wide range of Term, Savings, Investment, Pension, Health and Child plans. You can choose the plan that fits your requirements. Each plan has different advantages. The plans offered by HDFC Life Insurance aim to provide life coverage at affordable prices. A wide range of products helps you compare the products and choose the product that best suits your requirements.

2. High Claim Settlement Ratio: HDFC Life Insurance has a claim settlement ratio of 99.07% for the year 2019-20. The high Claim Settlement Ratio reflects how much you can rely on the insurance companies. The Claim Settlement Ratio depicts the total number of claims that were approved successfully by the insurance company among the total claims received during a year.

3. Award-Winning Services: HDFC has been awarded the ‘Best Term Plan of the Year’, for the HDFC Life Click2Protect 3D Plus. HDFC has been awarded several times. Recently HDFC Life's Swabhimaan initiatives received the 'Change Maker Award 2020’ from the Minister of State for Finance & Corporate Affairs-Government of India. HDFC Life was awarded the ‘Platinum at the LACP Vision Awards for the 2018-19 Annual Report.

4. Excellent Customer Support: HDFC works with five values that are Excellence, People Engagement, Integrity, Customer Centricity, and Collaboration to provide its customers with high-class services. HDFC Life Insurance has a robust customer care service that is available to its customers 24X7.

5. Affordable products: HDFC Life Insurance has been known for being a leading insurance solutions provider at an affordable price. All of the HDFC STD Life Insurance plans are designed to fulfill your requirements at an affordable price. Some plans are designed to provide you with as many benefits as possible at a very affordable price.