HDFC Standard Life Insurance Company

HDFC Standard Life Insurance Corporation India was founded in the year 2000 by Hasmukhbhai Parekh and it head-quartered in Mumbai, India. Its a joint venture between Housing Development Financial Corporation Ltd. and Standard Life Plus. HDFC Standard Life insurance is one of the leading insurance firm in India. In order to cater various insurance needs of the customer the company provides 27 retail ie individual and 8 group products in portfolio like long term insurance services, pension plan, saving and health plan, protection plan, child plan and women plan with extra optional rider benefits to the customers. With over 414 branches spread in 980 cities and towns in India. HDFC Standard Life provides employment to more than 13,771 employee. It has also become the first life insurance company to offer pension plans to the new customers under new IRDA regime by launching two pension plans namely HDFC Life Pension Super Plus and HDFC Life Single Premium Pension Super. The company has a claim settlement ratio of 95.02%