Keeping this in mind we offer a large range of life insurance plans such as term insurance plan, women's plan, health insurance plans, pension plans for retirement planning, child education plans, ULIPs, saving and investment plans. What is the policy cancellation process?
A whole life is a policy you pay till death of the policy holder and term life is a policy for a fixed amount of time. Its vast network and distribution channel has ensured that their investment products are available in all major cities and towns in India The company also provides customisation of insurance plans such as enhanced rider protection for an extra premium The company has a healthy claim settlement ratio which means its claim settlement process is hassle-free and it offers good service to its customers Documentation needed to apply for a HDFC Life Insurance Policy You need to fill and sign the Proposal form, Illustration copy and the Most Important Document.
Amitabh Chaudhry, CEO at HDFC Life said that the company is now sharing records on employees, distributors, medical centres, and locations and also blacklisted the ones participating in frauds. The platform called MemoriesForLife has reachability from online and offline platforms media and will soon be launched via an integrated campaign.
Among all life insurance plans, term insurance provides the highest life insurance coverage at the lowest premiums during the period of the plan. A fixed sum of money - the sum assured — is paid to the beneficiaries if the policyholder expires over the policy term.