HDFC Life started there business in India on 23rd October 2000 after which it never looked back. At present, HDFC Life has opened more than 400 different branches across various cities, towns and villages and its team of 16 thousand plus employees works 24/7 to resolve every possible query of customers. Recently, Hdfc Life also opened its liaison office in UAE to understand the business and investment opportunities. (*Source Wikipedia)
Since its establishment, HDFC Term Insurance have aimed to provide wide coverage at a lower premium, making it a trustworthy insurance provider in the Indian market. There are many reasons why you should HDFC term plan as your term insurance:
HDFC Term Insurance offers multiple types of term insurance policies, Customers can select a plan according to their needs and requirements.
Here is the list of term insurance plans that HDFC offers:
As per the word term, the pure term insurance plans cover the policyholders for a specific period of time.
Return of premium plans helps the policyholders to take back their premiums after the completion of the policy duration (after deducting the taxes paid.)
In increasing sum assured plans, the term insurance company increases the sum assured of the policyholder over the period of time without the further need of the underwriter. The cost of premiums is also higher compared to the normal term insurance plans.
HDFC Term insurance offers a plan with income benefits as well. For eg: if A policyholder is accidentally disabled and is not able to work further then they will get a monthly income under this plan depending upon the sum insured.
HDFC Term insurance offers the following features:
Riders play a very crucial role, in increasing your coverage and covering pre-existing diseases. HDFC term insurance plans consist of multiple riders, with whom customers can add according to their needs.
Here is the list of riders available in HDFC Term Insurance Policy
Documents required to purchase HDFC term insurance policy depend upon the profession of the customer:
As you figure out, HDFC term insurance has the best term insurance plans that fulfills all of your requirements and comes in your budget. You are thinking about where to buy an policy. So, you can buy this HDFC term insurance policy either from policyx.com or HDFC Life.
**Once the payment is made, you will get a payment confirmation at your registered email address.
HDFC term insurance made the claim process a convenient and hassle free procedure. Customers can easily file a claim in both online and offline procedures. To raise a claim in HDFC term insurance plans customer needs to follow the below steps:
The first step is to informing the HDFC term insurance about the incident from any of the given medium-
Emailing at- firstname.lastname@example.org Calling at- 1860 267 9999 ( Toll free)
After informing HDFC term insurance , you have to file claim intimation form through online or offline convenience during which basic details you have to fill like:
Once you inform the HDFC term insurance and fill up the claim intimation form, it's time to submit the documents to process the claim further, here is a list of documents that are required to be submitted.
In case of natural death
In case of accidental death, Sucide, murder
Once you submit all the documents to the HDFC term insurance you are free from your side. Now, Company will verify all the documents from their end. After successfully verification the total sum insured of the policy will transfer in the nominee bank accounts.
There are both offline and online ways available to contact your HDFC term insurance team, to settle claims of your policy, or buy or renew your policy.
You can visit any branch office nearby to your office. HDFC term insurance has above 400 branches that are available all over india. Here is the list of major city branches and their addresses.
|Mumbai||Office 5th floor, IL&FS Financial Centre, PN C 22G, G Block BKC, Kurla Cplx, Bandra East, Mumbai, Maharashtra 400051|
|Delhi||Office No F48, 3rd Floor, EROS 48, South Extension I, Block F, New Delhi, Delhi 110049|
|Indore||Office 1st Floor, Plot No 19, 1, Sapna Sangeeta Road, above Bank of Baroda, Snehnagar, Indore, Madhya Pradesh 452007|
|Bengaluru||Office 9, 4th Flr, Esquire Centre, Mahatma Gandhi Rd, Bengaluru, Karnataka 560001|
|Lucknow||Office at Cyber Heights, Ofc Space No. 305 /A & B , 3rd PNo., Gomti Nagar, Vibhuti Khand, Lucknow, Uttar Pradesh 226010|
|Hyderabad||Office at Ashoka Raghupathi Chambers, 1 to 62, 3rd Flr, Begumpet, Hyderabad, Telangana 500034|
|Pune||Office No 301A, 314A, 314B, 315A, 315 B 3F, City Mall, SNo 132/B/1, Shivaji-nagar Nagar main Road, Maharashtra 411007|
|Chennai||Office No 32/3, 1st Floor, Velachery Main Road Velachery Chennai - 600042|
|Patna||Office at 2nd Floor, Bhagwati Dwarka Arcade, Brajkishore Path, opp. Bank of Maharashtra, Patna, Bihar 800001|
|Jaipur||Office No S/54B, 2nd & 3rd Floor, Scheme C, Opposite Jai Club, Arvind Marg, Jaipur, Rajasthan.|
|Toll free-1800 266 9777|
Email- email@example.com, firstname.lastname@example.org
|Contact- 8916613503 |
Email- email@example.com, firstname.lastname@example.org
HDFC term insurance is the only term insurance provider in India which has an outstanding solvency ratio, claim settlement ratio and the highest no of branches available compared to any other term insurance provider. Talking about the riders, HDFC term insurance plans have the rider that gives the highest coverage and even covers all the critical illnesses, while also giving monthly income benefits in case of the permanent disability of the policyholder. HDFC term insurance requires only basic documents like age proof, address proof and income proof to opt for their term insurance plans.