KEEPING INSURANCE HUMAN
Home arrow Life Insurance arrow HDFC Life Insurance Co. Ltd
HDFC Life Insurance Co. Ltd logo

HDFC Life Insurance Co. Ltd

Claims Experience:
3.5
Customer Service:
3.1

Background

HDFC Life also known as HDFC Standard Life Insurance Company Limited is a Life Insurance Company in India. It offers Term Life Insurance Plans, Traditional Savings Plans and Unit Linked Insurance Plans. Founded in the Year 2000, it is a joint venture between Housing Development Finance Corporation Limited and Standard Life Limited. The company is headquartered in Mumbai and has 420 branches across India. The CEO / CMD of the company is Ms. Vibha Padalkar.

Founded in
2000
Number of Claims
1,734,807
JV Partners
HDFC Ltd and Standard Life Limited.
Number of Policies
982,263
Turnover (GWP)
38,583.5 Crores

Customer Support

beshak
Toll-Free Number
1860-267-9999
beshak

Detailed Ratings

Claims Experience 3.5/5 star green
Customer Service 3.1/5 star green
% of claims settled in less than 30 days
Reflects on the speed of settling valid claims
92.00%
% of Complaints received on overall claims
% customers unhappy with claims experience
0.03%
How complex is the Claim Form?
The longer, the more hassles during claims
Very Long
Claim Settlement Ratio (No. of claims)
What % of the claims received were paid?
99.07%
Claim Settlement Ratio (Value of claims)
What % of the claim amount received was paid?
92.58%
Solvency Ratio
Reflects an insurance company’s ability to pay claims. Insurers are required to maintain a minimum 150% Solvency Ratio as per IRDAI regulation
201%
Personal relationship manager for claims
Available
Can you track claims online?
Available
Dedicated toll-free for claims service
Not Available
Separate Claim Form for above 3 Years Claim
Not Available
Home pickup of Claims
Not Available
Discover the best tips for insurance every week!

Beshak is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and does not have any alliance or association with any Insurance business.
© Copyright 2021 Beshak Solutions Pvt. Ltd. All Rights Reserved.

Disclaimer: The content on the website is purely for information purposes for the public at large, and does not constitute personal financial advice for a specific individual reader.
If you are reading this, it means you love reading the fine print. Why not get paid for what you love doing - Join us by writing to info@beshak.org now 🙂