HDFC Life Insurance
HDFC Life Insurance

HDFC Life Insurance

HDFC Life Insurance Company was formerly known as HDFC Standard Life Insurance. This policy was introduced in the year 2000 HDFC’s policy is a complete investment policy designed in different special options This policy provides you with complete security cover after death, and you can get different types of benefits.

HDFC Life Insurance Company has released HDFC Life Pension Guarantee Plan to provide better security cover to the people. Under which good offers are also being given to people. Generally, no guarantee is given in the interest rates at the time of investment in any annual plan. The rate of annual interest in an insurance policy varies with time.

According to the recently released plan, If a 50-year-old person once chooses to pay a premium of 10 lakh rupees, if he chooses the annual option after ten years. After 60 years, he will get a fixed income of Rs 1.25 lakh per annum.

Accordingly, 12.5 percent interest is made on it.

Based on this, if a person of 55 years pays a premium of Rs 10 lakh once. And he opts for annual after 5 years. So after the age of 60 years, he will get a fixed amount of Rs 93,000 per annum. Accordingly, 9.3 percent interest is made on it.

At the time of annual investment in the policy, the insured can choose the period of investment according to his own. Today, most annual investments get interest ranging from 6.9 to 7.5 percent. This policy is a better option for those who want to retire soon. Even if the rate of interest decreases while making your investment, you will continue to get a better interest rate offer.

HDFC Life Insurance
HDFC Life Insurance Company

Company Information

Insurance Company Name
HDFC Headquarters Mumbai
Settlement of claims made from customers 99. 04%
Number of HDFC branches in the country412
Award Best Life Insurance Company2018

Some advantages of HDFC Life Insurance

  • Over time, everything changes, HDFC Life Insurance Company has also made a similar change. The company has updated its term plan and changed its name to Term Product to Protect 3D Plus. In this new plan, better options have also been provided for customers.
  • Under this new plan, the company has increased the maximum age of the policy from 75 years to 85 years. Not only this, but the policy term has also been increased from 40 years to 50 years.
  • Under this new Click to Protect premium, the value of critical illness rider of any insured has been increased to Rs 1.5 crore. The time limit for payment of premium of any insured under Life Long option has been increased to 75 years.
  • Under the company’s new update, Click to Plan 3D is also a better option for customers who want to work till the age of 60 years, they can take the policy under Limited Payment Option.
  • In the old term plan of this company, its nominee used to get his benefits only after the death of the insured, but in the term product click to protect the 3D Plus plan issued after the change, its two options are added. There is also an option to waive premiums on behalf of the company in case of serious illness.
  • If the policyholder dies after taking the policy, his nominee will be given 110% of the premium and a bonus. If recently talked about, then by investing one million rupees at the rate of seven percent, your amount will reach double ten years.

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List of some Insurance plans issued by HDFC Life Insurance

  • Protection Plan i.e. Trum Plan
  • HDFC Life Click 2 Protect 3D Plus
  • HDFC Life Click to Protect Plus
  • Click to Protect Health

Health Plans

  • HDFC Life Cancer Care
  • HDFC Life Is Well Easy Help
  • Click to protect help health
  • HDFC Life Cardiac Care

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Children’s Plan

  • Children HDFC Life Click 2 Wealth
  • HDFC Life Youngster Udayan
  • HDFC Life Click to Protect 3D Plus
  • HDFC Life Cancer Care

Pension Plan for Retirement

  • HDFC Life Click to Wealth
  • HDFC Life Pension Guarantee Plan
  • HDFC Life New Immediate Annual Plan
  • HDFC Life Pension Super Plus
  • HDFC Life Personal Pension Plus
  • HDFC Life Single Premium Pension Super Plan

Ulip plan

  • HDFC Life Click to Invest ULIP
  • HDFC Life Click to Invest ULIP
  • HDFC Life Progroth Plus
  • HDFC SL Progrowth Flexi

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Some points of HDFC Insurance Policy

  • Age of entry in HDFC insurance policy is 18 years.
  • Maximum age in HDFC insurance policy is 28 years to 75 years.
  • The duration of the policy in HDFC Insurance Policy is ten years to forty years
  • The duration of the policy in HDFC Insurance Policy is ten years to forty years.
  • Frequency of Payment in HDFC Insurance Policy Annual, Half Yearly, Quarterly, Monthly
  • HDFC insurance policy limited the amount of 25 lakh.

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What documents are required to take a claim in HDFC Life Insurance?

On death without accident

  • Death Claim form of Insurance Holder
  • Government issued death certificate
  • Identity card (Voter ID Card) and residence certificate of the insured
  • An EFT Bank Account Details
  • Medical records at the time of death and previous illnesses of the insured

Accidental Death Murder or Suicide

  • Letter claiming death of insurance holder
  • Government issued death certificate
  • Identity card and residence certificate of the insured
  • An EFT Bank Account Details
  • FIR, police inquiry report and Panchnama after the death of the insured.
  • Post mortem report of the insured

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In case of serious illness

  • A certificate claiming critical illness to the insured
  • Medical records of the insured, hospital records, records of all the inquiries of the insured.
  • Identity card and residence certificate of the insured.
  • Records of the insured’s NEFT account
  • List of money bank and pension annual claim documents of the insured

Company’s Official Website

HDFC Life Insurance

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