HDFC Life Insurance Company

HDFC Life Insurance Company

6.6/10

OneAssure Rating

Our Verdict

HDFC Life offers a diverse range of term insurance plans with flexible benefits. Options include whole life coverage (up to 100 years), return of premium, and accidental death benefits. Key features include waiver of premium on terminal illness and disability, accelerated payout for terminal illness, and critical illness riders. Discounts are available for female policyholders and select categories. Policyholders can also extend coverage at maturity. While these plans provide comprehensive protection, they may be costlier than some alternatives. Evaluating personal financial goals and affordability is crucial before selecting an HDFC Life term plan.

Pros

Cons

Company Stats

Industry Avg.


14176.1

HDFC Life Insurance Company


63076.48

Premium Underwritten

Industry Avg.


2.16

HDFC Life Insurance Company


1.87

Solvency Ratio

Rating 6.6/10

Solvency2.1/4
AUM1.5/3
Growth3/3

About the Company

HDFC Life Insurance is one of India’s most trusted private life insurance companies, established in 2000 as a partnership between HDFC Ltd. and Abrdn (formerly Standard Life Aberdeen). Headquartered in Mumbai, it offers a wide variety of insurance products, including term plans, retirement solutions, child education plans, savings and investment plans, health insurance, and ULIPs (Unit Linked Insurance Plans). HDFC Life’s plans provide both financial protection and wealth-building opportunities, helping individuals and families secure their future. Known for its high claim settlement ratio and digital-first services, the company focuses on simplicity, flexibility, and affordability.

KYC Documents Required

Pan Card No.

Aadhar Card

Recent Photograph

Cancelled Cheque with Name Printed

Bank Statements

Salary Slip of Latest 3 Months

Covid Vaccination

Claim Settlement

Claim Procedure

Renewal

Online Renewal

Offline Renewal

Key points to remember during Renewals

Renew your policy before the due date to avoid lapses.
Pay premiums online, via app, or at HDFC branches.
Ensure uninterrupted life coverage and benefits with timely renewal.
Utilize a 15-30 days grace period for late payments.
Update personal details or nominees during policy renewal easily.

Customer Support

Talk to an OneAssure Insurance Expert for FREE.

For HDFC Life Insurance Company customer care :
Toll Free - 1800 266 9777,
E-mail - buyonline@hdfclife.in

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Frequently Asked Questions