Advantages of Buying HDFC Life Insurance Plans Online

HDFC Life Insurance is being offered by HDFC Life. HDFC, which is abbreviation for Housing Development Finance Corporation Limited, is now one of India’s reputed and leading banking and financial services corporation and its insurance wing HDFC Life is a joint venture with Standard Life Plc., a U.K. based company.

HDFC Life like its parent corporation has also established itself as a leader in its own sphere that is insurance. At present its portfolio includes 27 retail and 8 group products and offers a comprehensive spectrum of individual as well as group insurance solutions. HDFC Life has now more than 414 branches in more than 900 cities and towns of India and hence is among one of the most widely reachable insurance companies of India.

HDFC Life Insurance offers unparalleled digital platform for all its offers It has received several awards for its digital solution as well as for its insurance product solutions. Through this platform customers can access information, compare various offers, choose products, pay premium and conduct a host of lot more activities from their online devices.

HDFC Life has introduced a comprehensive package of insurance plans that suit all types of customer preferences and requirement.

Their major insurance plans include:

Plan Category	Plan Varieties	Products
Protection Plans		·         HDFC Life Click 2 Protect Plus
Health Plans	·         Individual Health Plan ·         Senior Citizen Health Plan ·         Critical Illness Insurance ·         Cancer Insurance Plan	·         HDFC Life Easy Health Plan ·         HDFC Cancer Care Plan
Young Star Plans		·         HDFC Life Young Star Udaan ·         HDFC SL Young Star Super Premium
Savings and Investment Plans		·         HDFC Life Capital Sheild ·         HDFC Life Click 2 Invest (ULIP) ·         HDFC Life Sanchay ·         HDFC Life Super Income Plan ·         HDFC Life Uday ·         HDFC Life Sampoon Nivesh
Retirement Plans		·         HDFC Life Assured Pension Plan. ·         HDFC Life Click 2 Retire
Woman’s Plans		·         HDFC Life Smart Woman Plan. ·         HDFC Life CLIck 2 Protect Plus. ·         HDFC Life Pension Super Plus

Choosing a Plan:

While choosing a plan key considerations include personal requirements, preferences, risk/return appetite, personal capacities and outlay (including income, salary, employment etc.).

HDFC offers a variety of plans under each category. The categorization of plans enables better choice decisions.

In order to further facilitate decision making customers can opt for online as well as offline agent services.

Features & Benefits:

ü  Trusted and authorized firm and brand with wide online and offline presence.

ü  Can start investing in insurance products even with an amount as less as Rs 1000.

ü  Can conduct all related searches and transactions through online mode.

ü  Can choose from a list of well categorized products.

ü  Insurance products meet various customer needs such as Protection, Pension, Savings & Investment and Health, along with Children’s & Women’s Plan.

ü  Insurance products include individual as well as group products.

ü  Assistance of E agent can be availed.

Eligibility:

To be eligible for applying for HDFC Life Insurance products you must be at least 18 years of age and less than 65 years. Also you should be either salaried, self employed or have your own business.

Inclusions/Exclusions:

HDFC Life Insurance products have a maximum tenure of 40 years and the minimum sum assured is Rs 25 lakhs. There is no limit to maximum sum assured and is subject to underwriting.

There may be certain exclusions, as for example if the insured commits suicide within the first twelve months then insurance sum cannot be claimed.

Documents:

For availing HDFC Life Insurance products certain documents need to be submitted and these include identity proof, address proof, age proof, income proof and PAN number. The documents in support of such proof include PAN card, Aadhar card, passport, birth certificate, matriculation certificate, salary or income statement, bank statement, gas/electricity bill.

Claim Process:

For claiming the insurance amount, the insured needs to submit duly filled in and signed claim intimation form/letter. Thereafter the title holder or the nominee of the insurance product will receive letter from HDFC Life stating the list of documents required for claiming insurance sum. The insured needs to submit all these documents, after which HDFC Life performs a check upon them and in due course the claimed and approved amount is released.