HDFC Life Insurance

HDFC Life Insurance Company Limited is a leading, listed long-term life insurance solutions provider in India, established in 2000, and headquartered in Mumbai. HDFC Life was initially formed as a joint venture between HDFC Ltd, India's premier housing finance institution, and Standard Life Aberdeen (now Abrdn plc, a UK-based investment company). Following the 2023 amalgamation of HDFC Ltd with HDFC Bank, HDFC Life is now a subsidiary of HDFC Bank. HDFC Life offers a comprehensive range of individual and group insurance products, including term insurance, savings plans, retirement solutions, and child plans.

Insurer Highlights

Claim Settlement Ratio
99.7
No. of Branches
535 Branches
Claim Settlement Promise
24 Hours

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HDFC Life- Company Overview

HDFC Life is one of India's leading and most trusted private life insurance companies, providing a comprehensive range of individual and group insurance solutions, including protection, pension, savings, investment, annuity, and health plans. Policyholders can also enhance their cover with riders such as Critical Illness Cover, Accidental Death Benefit, and Waiver of Premium.

Why Buy HDFC Life Insurance?

HDFC Life Insurance Company Ltd. provides a range of life insurance policies to help you safeguard your family's financial future and achieve long-term financial goals. Whether you're planning for protection, savings, or a comfortable retirement, here's why HDFC Life stands out as a wise choice:

High claim settlement ratio of 99.72%,(for FY 2025-26) reflecting strong reliability

Same-day claims processing (within 24 business hours for eligible claims)

Trusted by ~5 crore lives insured (FY 2024–25)

Strong financial base with ₹3.4 lakh crore+ assets under management

Wide presence with 652 branches across India

Large coverage scale with ₹13.8 lakh crore sum assured (new business)

HDFC Life Insurance Share Price Today- Stocks

As of 9 July, HDFC Life Insurance Company shares were trading at ₹555.75 on the NSE, up 0.0090% during the trading session.

Day Change	Day High	Day Low	52-Week High	52-Week Low	Opening Price
+0.0090%	₹560.75	₹555.30	₹820.75	₹543.00	₹557.00

HDFC Life Insurance Plans

HDFC Life Insurance offers various insurance plans to meet the needs of policyholders. Let's look at the plans provided by HDFC Life Insurance Company:

Critical Illnesses Covered Under HDFC Life Insurance

The HDFC Life Critical Illness Rider provides extensive coverage against a range of serious health conditions, including heart attack, cancer, kidney failure, and more. The lump-sum payout from this rider helps manage medical expenses, hospital bills, and recovery costs following a critical illness diagnosis. It covers diseases at varying stages of severity, including specific cancer stages, Open Chest CABG, and End-Stage Liver or Lung diseases.Here's a complete list of critical illnesses covered under HDFC term plans.

Cancer of Specified Severity	Myocardial infarction – First heart attack of specific severity	Open Heart Replacement or Repair of Heart Valves
Kidney Failure Requiring Regular Dialysis	Major Organ/ Bone Marrow Transplant	Coronary Artery Bypass Graft (Open, Keyhole or minimally invasive or Robotic Cardiac CABG)
Multiple Sclerosis with persisting symptoms	Stroke resulting in permanent symptoms	Coma of specific severity
Permanent Paralysis of Limbs	Motor Neuron Disease with Permanent Symptoms	Benign Brain Tumor
Blindness	Deafness	End stage lung failure
End stage liver failure	Loss of Speech	Loss of Limbs
Major Head Trauma	Primary (idiopathic) pulmonary hypertension	Third Degree Burns
Alzheimer’s Disease	Aplastic Anaemia	Medullary Cystic Kidney Disease
Parkinson’s Disease	Systemic Lupus Erythematosus (SLE) with Lupus Nephritis	Apallic Syndrome
Major Surgery of Aorta	Brain Surgery	Fulminant Viral Hepatitis
Cardiomyopathy	Muscular dystrophy	Poliomyelitis
Pneumonectomy	Severe Rheumatoid Arthritis	Progressive Scledorma

HDFC Life Insurance Plan Riders

HDFC Life Term Plan Riders are optional add-ons to your base term insurance policy. For a nominal extra premium, they enhance your coverage by providing financial protection against specific life events such as critical illnesses, accidental disabilities, or the inability to pay premiums. Here are the important term insurance riders available with HDFC term insurance plans:

Accidental Death Benefit (paid)	Permanent and Partial Disability Benefits (paid)
Critical Illness Benefit (paid)	Waiver of Premium (paid)
Income Benefit (paid)	Terminal Illness Rider (paid)

How Much Term Cover Do I Need?

Determining the right sum assured for your life insurance is crucial to securing your family's financial future. A Human Life Value (HLV) Calculator can help you estimate the ideal life cover based on your current age and annual income. This tool evaluates the amount of coverage you should have to replace your income and meet your family's financial needs in your absence.

Insurance experts recommend a life cover of 15 to 20 times your annual income when purchasing the policy.

For example, if you earn ₹9 lakhs per annum and are 27 years old, with no existing life insurance, you would typically need a term plan with a sum assured of ₹2.25 crores. In the unfortunate event of your death, this amount would be paid to your family, enabling them to manage expenses, fund your child's education, or achieve long-term goals like purchasing a home.

To easily calculate your HLV, enter your age, annual income, and details of any existing life cover in an HLV calculator.

Choosing the HDFC Life Insurance Plan with the Right Sum Assured Option

Selecting the right sum assured is crucial to safeguarding your family's financial well-being in your absence. HDFC Life Insurance offers a variety of plan options designed to meet different protection needs. Whether you want basic coverage or comprehensive financial security, choosing the right sum assured ensures your loved ones can manage future expenses, clear liabilities, and maintain their lifestyle comfortably.

HDFC Life1 Crore

Term Insurance

HDFC Life2 Crore

Term Insurance

HDFC Life5 Crore

Term Insurance

HDFC Life75 Lac

Term Insurance

HDFC Life70 Lac

Term Insurance

HDFC Life50 Lac

Term Insurance

Term Insurance Premium Calculator

Our term life insurance calculator in india can help you calculate the following:

Benefits of HDFC Life Insurance Plans

The HDFC Life Insurance benefits are as follows:

Dual Advantage of Wellness and Protection
With the HDFC Life LiveWell Rider, you get comprehensive life cover against death, disability, terminal illness, and wellness rewards. Policyholders gain access to 1 lakh+ doctors, 500+ hospitals, and 360+ NABL-accredited labs for preventive check-ups, teleconsultations, and diagnostics. Healthy habits are also rewarded through wellness benefits worth 100% of the annual rider premium, redeemable for OPD visits, lab tests, and more.
Life-stage coverage that grows with you
HDFC Life lets you increase your cover at key milestones, marriage, childbirth, or a home loan, so your policy evolves with your responsibilities. Plans like HDFC Life Sanchay Plus also offer guaranteed income up to age 99, helping you fund long-term goals like your child's education or retirement.
Wealth creation beyond protection
HDFC Life's savings and ULIP plans invest a portion of your premium in market-linked or guaranteed instruments, helping your money beat inflation over time. A Return of Premium (TROP) option is also available on select term plans, if you outlive the policy term, all premiums paid are refunded.
Wide Range of Products
From term insurance and ULIPs to child, retirement, and savings plans, HDFC Life offers a diverse portfolio to meet different financial needs. You can explore the HDFC Life plans list online and pick the policy best suited to your goals.
Return of Premium (TROP):

Some HDFC Life term insurance plans offer a Return of Premium (TROP) feature, which refunds all premiums paid at maturity if the policyholder survives the policy term—combining life cover with a savings element.
Easy Online Purchase
HDFC Life Insurance offers the most affordable premium rates for life insurance plans. You can save more on your life insurance premiums by purchasing the plans online. Several life insurance companies in India offer lower premium rates online because there is no agent commission on an online policy.
Guaranteed Income & Returns

HDFC Policies, such as HDFC Life Sanchay Plus, offer guaranteed income up to age 99, with long-term options (25-30 years) and guaranteed maturity benefits, ensuring financial stability.
Special Benefits for Women
Female policyholders can get lower premium rates, additional online discounts, and access to women-focused plans that cover pregnancy complications, congenital conditions, critical illnesses, and premium waiver benefits during major life events.

Explore HDFC Life Insurance Plans

HDFC Life Insurance offers various types of life insurance plans to meet the needs of policyholders. Let's look at the plans provided by HDFC Life Insurance Company:

HDFC Term Insurance Plans

The HDFC term insurance policy provides comprehensive coverage by offering a large sum assured at pocket-friendly premium rates. You can customize and enhance the base term plans by including additional riders in the base plan. It provides a death benefit in the event of the policyholder's untimely death during the policy term.

Best Term Insurance plans offered by HDFC Life in 2026

Term Insurance Plans	Age of Entry	Age of Maturity	Min. Sum Assured
HDFC Life Click 2 Protect Supreme Plus	18-85 years	18-85 years	Rs. 10 Thousand
HDFC Life Click 2 Protect Elite Plus	18-45 years	28-85 years	Rs. 50 Lakhs
HDFC Life Click 2 Protect Life	18-65 years	28-75 years	Rs. 50 Thousand
HDFC Life Click 2 Protect Ultimate	18-50 years	18-85 years	Rs. 1 Crore
HDFC Life Sanchay Legacy	40-65 years	Whole Life	Single Pay: 1.25 times the single premium Limited Pay: 7 times the Annualised Premium

HDFC Savings Plans

HDFC Life Insurance offers traditional saving plans that provide guaranteed returns at regular intervals to help you fulfill your financial goals. You can also enhance the life cover from these plans by including riders in the base plan and start saving on yearly taxes as per the prevailing tax laws.

Savings Plans offered by HDFC Life

Life Insurance Policy	Age of Entry	Maturity Age	Policy Tenure
HDFC Life Click 2 Achieve Par Advantage	30 days-65 years	85 years	10-40 years
HDFC Life Click 2 Achieve	30 days - 13 years	23 years	10 - 23 years
HDFC Life Sanchay Par Advantage	30 days - 65 years	100 years	100 - entry age
HDFC Life Guaranteed Income Insurance Plan	30 days - 65 years	99 years	16 - 40 years
HDFC Life Sanchay Plus	5 - 60 years	80 years	5 - 20 years
HDFC Life Sanchay Fixed Maturity Plan	90 days - 70 years	90 years	5 - 40 years
HDFC Life Guaranteed Wealth Plus	3 - 60 years	101 years	12 - 41 years
HDFC Life Saral Jeevan	30 days - 65 years	85 years	5 - 20 years
HDFC Life Sampoorna Jeevan	3 - 60 years	100 years	(100 - entry age) years
HDFC Life Guaranteed Savings Plan	8- 55 years	65 years	Single Pay: 5, 7, 10 and 15 years Limited Pay: PPT 5, 6, 7: PT 10, 12, 15 and 20 years
HDFC Life Uday	18 - 55 years	70 years	12 - 15 years
HDFC Life Assured Gain Plus	3 - 65 years	80 years	10, 12, or 15 years

HDFC ULIP Plans

HDFC Life ULIP plans are designed to create wealth and provide long-term protection. These plans invest part of the premium amount in the market, and the remaining part is used to provide insurance against eventualities. You can choose the funds you want to invest in and get returns based on your risk appetite.

ULIP Plans offered by HDFC Life in 2026 are:

HDFC Life ULI- Policy	Age of Entry	Maturity Age	Policy Tenure
HDFC Life Sampoorna Nivesh Plus	30 days - 65 years	18- 85 years	10 - (85 - entry age) years
HDFC Life Click 2 Wealth	30 days - 60 years	18- 99 years	10 - (99 - entry age) years
HDFC Life Click2Invest	30 days - 65 years	18-99 years	5 - 40 years
HDFC Life Smart Protect Plus	30 days-60 years	25-99 years	25-(99- entry age) years

HDFC Retirement Plans

HDFC Life Insurance offers two types of retirement plans: Annuity Plans and Pension Plans. With an annuity plan you can secure a regular income for yourself even after the end of your monthly salary and with pension plans, you can create a corpus for a stress-free retirement.

Retirement and Pension Plans offered by HDFC Life

HDFC Life Retirement/Pension Plans	Entry Age	Maturity Age	Policy term
HDFC Life Click 2 Retire Plus	18-65 years	Secure : 45-75 years \| Flexi : 45- 75/ 99 years	Secure : 10-35 years \| Flexi : 10-35years/ 99-age at entry
HDFC Life Smart Pension Plan	18–70 years	40-80 years	5-55 years
HDFC Life Sanchay Aajeevan Guaranteed Advantage Plan	18-70 years	40-80 years	5-30 years \| For 2 and 3 Pay: 15-30 years
HDFC Life Guaranteed Pension Plan	18-70 years	40-80 years	8-40 years
HDFC Life Systematic Pension Plan	18-70 years	40-80 years	5-40 years

HDFC Child Plans

HDFC Life Insurance offers child insurance plans to help secure their child's future. These plans offer a financial benefit in case of your unfortunate death. The payout from these plans can be used to pay for the child's higher education and marriage.

Best Child Life Insurance Plans offered by HDFC Life

Life Insurance Policy	Age of Entry	Maturity Age	Policy Tenure
HDFC Life Sampoorna Nivesh Plus	30 days - 65 years	18- 85 years	10 - (85 - entry age) years
HDFC Life Click 2 Wealth	30 days - 60 years	18- 99 years	10 - (99 - entry age) years
HDFC Life Click 2 Achieve	30 days - 13 years	23 years	10 - 23 years

HDFC Home Loan Insurance Plans

HDFC Life home loan plans protect your family members from the burden of outstanding debts after your demise.

Home Insurance Plans offered by HDFC Life are:

Life Insurance Policy	Age of Entry	Maturity Age	Policy Tenure
Click 2 Protect Supreme - Life Goal	18-65 years	23-85 years	5 years to 85 years – Age at Entry

How to Buy HDFC Life Insurance Online from Policybazaar in 2026?

Here is how you can buy HDFC Life insurance online in India:

Step 1: Go to the Policybazaar life insurance page.

Step 2: Choose the type of life insurance you want, such as term insurance, ULIP, child plan, or retirement plan.

Step 3: Enter your basic details, including name, gender, date of birth, and mobile number.

Step 4: Provide additional information, such as occupation type, educational qualification, smoking habits, and annual income, to get accurate premium quotes.

Step 5: Browse the recommended HDFC Life policies, select the one that suits your needs, and proceed to pay online.

What Documents are Required To Buy HDFC Life Insurance?

Government-approved identity proofs: Aadhar card, PAN card, passport, voter ID, driving license, etc.
Address proof: PAN card, Adhaar card, driving license, voter ID, passport, etc
Proof of income: Salary income, ITR/Form 16, bank statement, audited company accounts of last 3 years, CA certificate, rent receipts, mandi receipts, indian/foreign bank statements
KYC documents: Insurance policy contracts with companies, insurance contracts with partnership firms, insurance contracts with trusts and foundations, insurance contracts with HUFs

Managing Your HDFC Life Insurance Policy Online

After purchasing an HDFC Life Insurance policy, managing it is simple through the company's digital platforms. Whether you want to pay premiums, renew your policy, check the status of your HDFC Life policy, or access documents, most services are available online via the website and mobile app.

Use the HDFC Life Insurance App for Everyday Policy Management

The HDFC Life Insurance App acts as a one-stop platform where policyholders can buy new plans, renew existing policies, track ULIP investments, switch funds, and access policy documents. Available on both Android and iOS, the app makes it easy to manage your insurance anytime.

You can also use InstaQuote 2.0 to conveniently calculate your premiums from your mobile devices. This HDFC Life Insurance app is a fast and easy way to browse products, enter the required details, and get a quote in a minute. This HDFC Life insurance mobile app is available on both Android and iOS and allows you to calculate your premium offline.
Pay Premiums and Renew Your Policy with Ease

You can pay your HDFC Life Insurance premium payment either online or offline. You can pay your HDFC Life Insurance premiums online through debit/credit cards, net banking, HDFC App, UPI, or e-wallets by visiting the official HDFC Life website and entering your policy details. You can also pay your HDFC Life insurance premium payments offline at HDFC Life branches, partner bank branches, cheque drop boxes, and NEFT/RTGS/IMPS transfers.
Renewal Options Available to Policyholders
HDFC Life policyholders can renew HDFC Life Insurance online or offline to maintain uninterrupted coverage. The company offers flexible payment options, including credit/debit cards, UPI, net banking, and advance premium payments. For HDFC Life Insurance renewal, you can use the below options
- Quick Pay: Pay instantly without logging in by entering your Policy Number and Date of Birth on the HDFC Life Quick Pay portal.
- Customer Portal/App: Log in to HDFC Life Customer Login to view policy details, premium history, and access digital payment options.
- Net Banking & Mobile Wallets: Use net banking (available for over 75 banks), UPI, credit cards, debit cards, or approved digital wallets like PayZapp and Paytm during checkout.
- Auto-Debit Setup: You can register for an auto-debit facility (Standing Instruction) on your bank account through HDFC or ICICI net banking to automate future premium payments
To renew your HDFC policy online, visit your nearest HDFC Life branch or get in touch with the customer care.
Check Policy Status and Access Your Account

Policyholders can log in to the HDFC Life customer portal to check their HDFC Life policy status using their registered mobile number, email ID, or client ID to check policy status, download documents, and view premium details. Updates are also available through the mobile app, WhatsApp assistant, SMS services, and customer support
How to Log in to the HDFC Life Portal

The HDFC Life Insurance login portal is designed for individual policyholders and corporate clients, ensuring quick access to important HDFC Life Insurance policy details and services.

To HDFC Life login, you need to visit the official website, click on Login, choose Customer or Corporate Login, enter your credentials, and complete verification. New users can register online in a few simple steps.
HDFC Life Insurance for NRIs

HDFC Life also offers insurance solutions for NRIs, PIOs, and OCIs who want to protect their families in India while building long term financial security.

Plans Available for NRIs

Eligible customers can purchase popular plans such as Click 2 Protect Supreme Plus, Click 2 Protect Supreme, and Click 2 Protect Life. HDFC Life also provides USD denominated international insurance plans that help reduce currency exchange risk while offering global coverage and claim support.

What is the HDFC Life Insurance Claim Settlement Process?

The HDFC Claim Settlement Process is quick and easy. Follow the process below to ensure a smooth and timely claim settlement.

Step 1: Claim Initiation

The nominee needs to initiate the claim with the HDFC Life Insurance Company as soon as the policyholder passes away. The claim can be initiated online or offline.

To initiate online: Submit policy details and nominee details directly through the HDFC Life Claims portal.

To initiate offline: Visit your nearest HDFC branch, fill out the claim intimation form, and collect an acknowledgement receipt with a reference number.

Step 2: Document Submission

Submit the required documents. The documents may vary depending on the nature of the claim. Generally, the list of documents required are:

Original policy bond
Death claim form
Govt. issued death certificate
Authorized medical records of the life assured at the time of death
Identity proof of the claimant and the deceased policyholder
Passport photos of the claimant
PAN Card and Valid Address proof of the claimant
Cancelled cheque of the claimant
Employer certificate of the life assured
Address proof
NEFT account details

Step 3: Claim Settlement:

Once the documents are verified, the insurer will disburse the claim amount to the nominee's bank account.

Also Read: HDFC Life Claim Rejection Reasons to ensure that your HDFC Life Insurance claim gets approved without issues:

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Where can I find reliable, up-to-date news about HDFC Life Insurance quarterly results and stock movements?

Track real-time stock movements and quarterly financial results for HDFC Life Insurance through their. Official Corporate Updates & Filings. You can refer to HDFC Life Investor Relations or BSE India & NSE India to view real-time stock quotes, exchange disclosures, and statutory announcements.

How can I find the HDFC Life Insurance office near me?

To find the closest HDFC Life branch in your area, the easiest method is to use the official HDFC Life Branch Locator. Using the branch locator, you can filter by your specific state and city to view addresses, contact numbers, and operating hours (typically 9:30 AM to 3:30 PM).

What is the HDFC Life Insurance fund value?

Your HDFC Life Insurance fund value is the current total worth of your investments in a Unit-Linked Insurance Plan (ULIP) or pension plan. It is calculated dynamically by multiplying the number of units you hold in your chosen fund(s) by the daily Net Asset Value (NAV).

What is the HDFC Life Insurance Stock Price?

As of 29th June, the HDFC Life Insurance stock price is INR 579.80

What are some popular term insurance plans with critical illness cover?

HDFC Life Insurance Company Limited offers term insurance plans where critical illness (CI) cover is available either as an in-built feature or as an add-on rider. This cover provides a lump sum payout on diagnosis of specified serious illnesses such as cancer, heart attack, stroke, or kidney failure.

Popular HDFC Term Plans with Critical Illness Cover

Click 2 Protect Supreme Plus
HDFC Life Click 2 Protect Elite Plus
HDFC Life Click 2 Protect Life

How to Contact HDFC Life Insurance Company Customer Care?

If you need the HDFC Life contact number or want to contact HDFC Life for policy-related assistance, the company provides multiple support channels for existing policyholders, new customers, and NRIs. You can connect with HDFC Life Insurance customer care by phone, email, WhatsApp, or by visiting your nearest branch.

For Existing HDFC Life Insurance Customers

If you already have a policy and need help with premium payments, policy servicing, claims, or any other queries, you can contact HDFC Life Insurance customer care through the following channels:

HDFC Life Insurance Contact Number: 022-68446530
Timings: Monday to Saturday, 10:00 am to 7:00 pm IST
Email: service@hdfclife.com
WhatsApp: +91-8291-890-569

For Buying a New HDFC Life Insurance Policy

If you want to purchase a new policy or need assistance with an online application, use the following HDFC Life contact details:

Toll-Free HDFC Life Contact Number: 1800-266-9777 (Available all days)
WhatsApp: +91-8291-890-569
Missed Call: +91-9980970424
Email: buyonline@hdfclife.in

HDFC Life Contact Number for NRI Customers

Buying a New Policy

Call: +91-8916613503
Email: buyonline@hdfclife.in
WhatsApp: +91-8291-890-569

Existing NRI Policyholders

Call: +91-8916694100
Timings: Monday to Saturday, 10:00 am to 9:00 pm IST
Email: nriservice@hdfclife.com

Contact HDFC Life Through WhatsApp and Digital Support

You can also contact HDFC Life through its virtual assistant, Etty, available on the official website and WhatsApp. The chatbot helps you:

View policy details
Track policy or application status
Get answers to over 200 policy-related questions
Receive support in 9 Indian languages

Visit Your Nearest HDFC Life Branch

If you prefer face-to-face assistance, use the HDFC Life Branch Locator on the company's official website to find the nearest branch. Branch representatives can help with policy purchases, servicing requests, claims, document submission, and other customer support needs.

How to Contact HDFC Life Through Social Media Channels?

Twitter (X)

Official Handle: @HDFCLIFE

With 400K+ followers, HDFC Life uses X to share company updates, insurance awareness content, and customer support assistance. Customers can tag the handle or send Direct Messages for support and complaint resolution.

Instagram

Official Page: @hdfclife

With 118K followers, HDFC Life shares financial tips, insurance awareness content, customer stories, campaigns, and product updates on Instagram. Users can connect through DMs, comments, and story replies.

Facebook

Official Page: @HDFClife

With 6.1M followers, HDFC Life regularly posts campaigns, product information, financial awareness content, and customer-focused initiatives on Facebook. Users can connect through Messenger or comments for assistance.

YouTube

Official Channel: HDFC Life (@hdfclife)

With 119K subscribers and 1K videos, HDFC Life uploads product explainers, customer stories, awareness campaigns, and financial planning videos on YouTube. Users can also post queries in the comments section.

HDFC Life vs Other Top Competitors

Comparing the 3 metrics that matter most when choosing a life insurer: claim settlement ratio, solvency ratio, and their features.

Name of Term Life Insurance Company	Claim Settlement Ratio	Solvency Ratio	Special Features
Aditya Birla Sun Life Insurance Company	98.86%	1.86	Auto-increasing cover, Life stage benefit, Built-in health management, Return of premium option
Aviva Life Insurance Company India Limited	99.07%	1.94	3D protection (Death + Disability + Disease), Dedicated claim personal manager, Credit protect for loans, Special rates for women & non-smokers
Axis Max Life Insurance Company	99.70%	2.00	7 Plan Variants for Every Life Stage, 64 Critical Illnesses Covered, Pregnancy & Newborn Congenital Anomaly Cover for Women
Bajaj Life Insurance Company	99.29%	3.76	96% claims settled in 1 working day, 55 critical illnesses covered, First-time buyer discount
Bandhan Life Insurance Limited	99.73%	2.52	Special exit value — premiums refunded mid-term, Return of premium on survival, 100% claims within 30 days
Bharti Axa Life Insurance Company Limited	99.18%	1.64	Coverage up to 50 years, No medical tests for eligible buyers, Lump sum or monthly income payout, AXA global backing
Canara HSBC Life Insurance Company Limited	99.52%	2.16	Spouse cover under same policy, Premium locked at inception, Child care benefit inbuilt, Coverage till 99 years
Edelweiss Life Insurance Company Limited	99.29%	1.71	Better half benefit (auto spouse cover), Skip up to 8 premiums, Coverage till age 100, 6% discount for fast medicals
Generali Central Life Insurance Company Limited	95.57%	1.71	Global Generali Group backing, Critical illness rider, Accidental death cover, Flexible premium payment terms
HDFC Life Insurance Company	99.68%	1.87	24-hour claim processing, LiveWell wellness rewards, Women-specific premium waiver, 60 critical illnesses covered
Go Digit Life Insurance Ltd.	99.53%	2.53	Built for self-employed, Zero form-filling on claims, Term + health combo plan, Wellness benefits inbuilt
ICICI Prudential Life Insurance Company Limited	99.6%	2.0	CI payout on diagnosis (no bills needed), Life stage cover increase, coverage for women specific cancer, Home pickup of claim documents
IndiaFirst Life Insurance Company	98.04%	2.10	Bank of Baroda & Union Bank backed, Pay 5 years — covered till 99, Spouse cover under same policy, 10% online discount
Kotak Life Insurance Company	98.61%	2.52	Step-up cover at milestones, Exit option at age 60, 3 payout structures, Coverage till age 85
Life Insurance Corporation of India	91.32%	2.03	High-life insurance protection, and guaranteed payouts,loan facilities, and specialized plans for education, retirement, and women.
PNB Metlife India Insurance Company Limited	99.81%	1.72	PNB + MetLife 140-year global backing, Whole life cover till 99, Spouse cover under same policy, Return of premium option
Pramica Life Insurance Company Limited	99.18%	2.33	Prudential Financial USA backing, Critical illness lump sum rider, Flexible premium payment terms, High solvency stability
SBI Life Insurance Company Limited	98.56%	2.01	Auto increase cover at life events, 23,000+ SBI branch access, Cover till age 100, Increasing cover every 5 years
Shriram Life Insurance Company Limited	98.31%	1.82	High sum assured rebates, limited premium payment terms, and flexible maturity benefits, offering strong protection for individuals and families.
Star Union DAI-ICHI Life Insurance Company Limited	99.01%	1.99	Dai-ichi Japan (top 10 global insurer) backing, 20,000+ bank branch access, PMJJBY empanelled insurer, High sum assured rebates
Tata AIA Life Insurance Company Limited	99.41%	1.94	15% discount for women, FlexiPay option to defer premiums for 12 months, 105% return of premium, Life stage cover increase

Is HDFC Life Insurance Good? Policybazaar's Honest Take

Policybazaar’s Verdict: HDFC Life is a trusted, digitally strong, and best for Modern Insurance Buyers. Here's an honest review of HDFC Life Insurance, backed by IRDAI data.

HDFC Life Insurance Company Limited is one of India's leading private life insurers, known for strong digital services, flexible plans, and a wide range of term, savings, ULIP, retirement, and child insurance plans.

Its 99.68% claim settlement ratio (FY 2024–25) reflects strong claim reliability. The company also covers nearly 5 crore lives, manages AUM of ₹3.4 lakh crore+, and has 650+ branches across India. HDFC Life is best known for:

Smooth online buying and servicing
Flexible rider and coverage options
Strong term insurance plans
Wide product range for different financial goals

HDFC Life Insurance is best suited for First-time insurance buyers and HDFC Bank customers.

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FAQ's

Q. What is HDFC Life 5 year plan?

HDFC Life does not have a single, standalone "5-year plan." Instead, the term refers to various life insurance and investment products where you pay premiums for a limited period or park your money for a mandatory 5-year lock-in period to build wealth, save taxes, and secure life cover.
Q. Which is better, LIC or HDFC Life?

Neither is universally better; HDFC Life is generally superior for pure term insurance and modern, feature-rich plans, while LIC is preferred for traditional, government-backed savings/endowment plans and older buyers who rely on physical agents.
Q. What is the price of HDFC Life today?

The current share price of HDFC Life Insurance Company (NSE: HDFCLIFE | BSE: 540777) is approximately ₹585.45.
Q. What is HDFC Life Insurance Company Ltd.?

HDFC Life Insurance Company Ltd. is one of India's leading publicly listed life insurance providers, headquartered in Mumbai. Promoted by HDFC Bank, it offers a diverse range of individual and group insurance solutions, including term life, health, pension, and investment plans.
Q. Is HDFC Life Insurance good? Is it trustworthy?

Yes, HDFC Life Insurance is considered one of India's most reliable private life insurers. It holds a claim settlement ratio of 99.68% (FY 2024–25), is listed on NSE & BSE, is backed by HDFC Ltd. and Standard Life (UK), and offers 24/7 customer support. It is regulated by IRDAI, ensuring policyholder protection.
Q. How to cancel or surrender an HDFC Life Insurance policy?

To surrender an HDFC Life Insurance policy, log in to myaccount.hdfclife.com and click 'Cancel Policy' or visit the nearest HDFC Life branch at least 15 days before the premium due date and submit the mandate deactivation form. You will receive the surrender value in your registered bank account within 7 working days.
Q. What is the GST on HDFC Life Insurance premiums in 2024–25?

As of September 22, 2025, GST on all individual life insurance premiums, including HDFC Life, has been reduced to 0%. Previously, a 18% GST applied to term insurance premiums. This means policyholders no longer pay any additional tax on their life insurance premiums.
Q. How to download HDFC Life Insurance premium receipt for tax purposes?
To download your HDFC Life Insurance premium receipt:
- Visit hdfclife.com and click 'Login'.
- Enter your Client ID and date of birth.
- Go to 'My Accounts' and select 'Premium Receipt'.
- Choose the financial year and download the PDF. Receipts for payments made after 3 PM are available the next working day.
Q. HDFC Life vs LIC- which is better for term insurance?

For pure term insurance, HDFC Life is generally considered the better option for most modern buyers. However, the right choice depends on your specific needs regarding customization and premiums.
Q. How to link Aadhaar with HDFC Life Insurance policy online?
To link Aadhaar with your HDFC Life Insurance policy:
- Log in at myaccount.hdfclife.com.
- Go to 'My Policy' and select 'Update Aadhaar'.
- Enter your policy number and 12-digit Aadhaar number.
- Click Submit. Alternatively, visit your nearest HDFC Life branch with your original Aadhaar card.
Linking is mandatory as per IRDAI and Government of India guidelines.
Q. How to get the maturity amount from HDFC Life Insurance?
Upon the policy term ending, HDFC Life automatically initiates the maturity claim payout. To ensure a smooth settlement:
- Submit KYC documents and a cancelled cheque to your nearest branch.
- Contact HDFC Life at 1860-267-9999 or email service@hdfclife.com.
- The maturity amount is transferred directly to your registered bank account within 30 days of policy maturity.
Q. My HDFC Life Insurance policy has lapsed. Can I revive it?

Yes, most HDFC Life policies can be revived within 5 years of the first unpaid premium date. To revive, you'll need to pay all overdue premiums with interest, and may need to submit a health declaration or undergo a fresh medical test depending on the time elapsed and sum assured. Revival is subject to HDFC Life's underwriting approval.
Q. Who is the CEO of HDFC Life Insurance Company?

Vibha Padalkar is the Managing Director and CEO of HDFC Life Insurance Company Ltd. She has been leading the company since 2018 and is one of India's most prominent insurance industry leaders. Under her leadership, HDFC Life has consistently maintained a claim settlement ratio above 99%.
Q. How to stop auto-debit for HDFC Life Insurance premium?

To stop auto-debit on your HDFC Life Insurance policy: Email service@hdfclife.com with subject line: 'Need to deactivate auto-debit – [Policy Number]', or (2) Visit the nearest HDFC Life branch and submit the ECS mandate deactivation form. Submit the request at least 15 days before the next premium due date to avoid unintended deductions.
Q. What is the HDFC Life Insurance plan list for 5 years?
HDFC Life offers several plans with a 5-year premium payment term (PPT). These primarily include guaranteed savings policies and ULIPs, where you pay premiums for 5 years but receive life cover and benefits extending much longer. Below is the list of HDFC Life Insurance plans for 5 years
- HDFC Life Sanchay Plus
- HDFC Life Guaranteed Income Insurance Plan
- HDFC Life Sampoorna Nivesh Plus
- HDFC Life Click 2 Invest Plus
- HDFC Life Click 2 Achieve
- HDFC Life Pension Guaranteed Plan
Q. What is the HDFC Life Insurance Customer Care number 24x7?

Speedy response for your policy details! Simply call us on our helpline numbers +912268446530* (Local charges apply) and 022-68446530* (STD charges apply) and avail yourself of the most frequently sought-after policy information and services.

HDFC Life Insurance News

HDFC Life Declares Record ₹4,596 Crore Bonus for Policyholders

HDFC Life has announced its highest-ever bonus of ₹4,596 crore for participating policyholders, benefiting nearly 22.2 lakh customers. The insurer said around ₹3,761 crore will likely be paid in FY27 through maturity and survival benefits, with the remaining amount accruing in accordance with the policy terms. The bonus declaration reflects the company's strong investment performance and financial position. Participating policies allow customers to share in the insurer's profits.

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FAQ's

Q. What is HDFC Life 5 year plan?

Q. Which is better, LIC or HDFC Life?

Q. What is the price of HDFC Life today?

Q. What is HDFC Life Insurance Company Ltd.?

Q. Is HDFC Life Insurance good? Is it trustworthy?

Q. How to cancel or surrender an HDFC Life Insurance policy?

Q. What is the GST on HDFC Life Insurance premiums in 2024–25?

Q. How to download HDFC Life Insurance premium receipt for tax purposes?

Q. HDFC Life vs LIC- which is better for term insurance?

Q. How to link Aadhaar with HDFC Life Insurance policy online?

Q. How to get the maturity amount from HDFC Life Insurance?

Q. My HDFC Life Insurance policy has lapsed. Can I revive it?

Q. Who is the CEO of HDFC Life Insurance Company?

Q. How to stop auto-debit for HDFC Life Insurance premium?

Q. What is the HDFC Life Insurance plan list for 5 years?

Q. What is the HDFC Life Insurance Customer Care number 24x7?

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HDFC Life Declares Record ₹4,596 Crore Bonus for Policyholders

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