The company is one of the most popular insurance companies in India which is a joint venture between HDFC Ltd. The company is headquartered in Mumbai and has around 373 branches across the country. The company offers various insurance plans, such as term insurance, retirement plans, endowment plan, savings plan, and other plans for women and child. Here are more details about HDFC Life Insurance plans.
On HDFC Bank Official Website
Updated: 29-05-2024 10:08:17 AM
The following are some of the benefits of HDFC Life Insurance plans:
Following is the procedure to claim insurance with HDFC Life:
The below mentioned documents are required to buy an HDFC policy:
Following are the documents required when making claims with HDFC Life:
In case of Accidental Death:
| Year | Claim Settlement Ratio |
| 2022-23 | 98.01% |
| 2017-18 | 97.80% |
| 2016-17 | 97.62% |
| 2015-16 | 95.02% |
| 2014-15 | 90.50% |
Following are the documents you will require to purchase a life insurance policy from HDFC Life.
Given below are the steps you will have to follow to check your HDFC Standard Life Insurance Policy status online:
You can visit the nearest HDFC Life Insurance branch and quote your Claim ID and policy number along with other information to check the status of your policy.
If you wish to make HDFC premium payments online instead of going out to a branch of the company, you can do so by visiting the customer service section of the company’s official website and select the Pay Premium Online option after which you will be redirected to a new page. Here, you will have to enter the required details, i.e., your policy number and your date of birth. Then click on the Proceed option and select your payment mode, viz. credit card/debit card/net banking, etc., and make your premium payment. Your payment will then be complete.
Yes, there are pension plans offered by HDFC Life where you will receive pension along with insurance cover.
HDFC offers HDFC Life Cancer Care which provides financial protection for both early and major stage of cancer. The plan gives you a waiver on premium for the next 3 years on diagnosis of early cancer. An increased benefit is offered under the gold and platinum options where the sum insured increases by 10% every year.
Yes, you get a 15 day free look period from the date of receipt of the policy within which you can return the policy.
Yes, the policy will lapse if you miss making the premium payment but it can be renewed within 2 years from the date that the policy lapses. There are certain cases when you can turn the policy to a paid-up policy, check the policy document to see if you have that option.
The premium payment frequency will depend upon the kind of policy you select. However, most policies come with the standard annual, semi-annual, quarterly, and monthly premium payment frequencies.
You can visit the official website of HDFC Life Insurance where you will have to log in by providing your log in details and then you can check the status of your life insurance. You can also visit the nearest branch of HDFC Life Insurance to check the status.
Yes, you can use the auto-pay options to pay your HDFC Life premiums.
Yes, you must link your Aadhaar with your HDFC Life Insurance policy which you can do by visiting the HDFC Life website.
To link your Aadhar card with HDFC policy, you need to log into your HDFC account and select ‘Update Aadhar’ option under ‘My Policy’ tab. Submit your Aadhar number and policy number and then click on ‘Submit’ to complete the process of linking your Aadhar with HDFC policy.
