Introduction

HDFC Life is one of Indias leading long-term life insurance

company that offers a range of individual and group insurance
solutions that meet various customer needs such as Protection,
Pension,

Savings

&

Investment

and

Health,

along

with

Childrens & Womens Plans.

Established in 2000, HDFC Life is a leading long-term life
insurance solutions provider in India, offering a range of
individual and group insurance solutions that meet various
customer

needs

such

as Protection, Pension,

Savings, Investment and Health. Customers have the added

advantage of customizing plans, by adding optional benefits
called riders, at a nominal price. As on July 31st, 2016, the
Company had 29 individual and 8 group products in its
portfolio, along with 8 optional rider benefits catering to a
diverse range of customer needs.
HDFC Life continues to benefit from having a wide reach with
398 HDFC Life offices in India and 9,000+ distributor touchpoints.

The

Consultants.

Company
The

has

Company

a
has

strong
also

base

of

recently

Financial
completed

incorporation of its wholly owned subsidiary in Dubai to offer

reinsurance services.
HDFC Standard Life Insurance Company Limited ('HDFC Life') is
a partnership between HDFC Ltd., Indias leading housing
finance institution and Standard Life, a global long term

investment savings player. Currently HDFC Ltd. holds 61.63%

and Standard Life (Mauritius Holdings) 2006 Limited holds
35.00% of equity in HDFC Life, while the rest is held by others.
HDFC Life (HDFC Standard Life Insurance Company) is a longterm life insurance provider with its headquarters in Mumbai,
offering individual and group insurance.

It is a joint venture between Housing Development Finance

Corporation Ltd(HDFC), one of India's leading housing finance
institution and Standard Life plc, leading well known provider of
financial savings & investments services in the United Kingdom.
On August 14, 2015 HDFC Ltd. entered into a share sale
agreement with Standard Life to sell a 9.00% stake in HDFC Life
to the latter. The transaction is subject to receipt of regulatory
approvals. Post the completion of the above transaction, HDFC
will hold 61.65% stake in HDFC Life and Standard Lifes stake
will increase to 35.00%, with rest to be held by others.

HDFC Standard Life has the most comprehensive list of

products for progressive employers and groups who wish to
provide the best and most innovative benefit solutions to their
employees or members. We offer different products for different
needs of groups ranging from group term insurance plans for
pure protection, Savings Solutions for employees/members,
Credit Life to cover the borrowers of an organization to
voluntary funded plans such as gratuity and leave encashment.