HDFC Life Insurance Company Ltd. (formerly HDFC Standard Life Insurance Company Limited) (‘HDFC Life’ / ‘Company’) is a joint venture between HDFC Ltd., India’s leading housing finance institution and Standard Life Aberdeen, a global investment Company. The company was incorporated in Mumbai on August 14, 2000 as HDFC Standard Life Insurance Company Limited a public limited company under the Companies Act, 1956. The company obtained a certificate of commencement of business on October 12, 2000 and the certificate of registration from the Insurance Regulatory and Development Authority of India (IRDAI) to undertake life insurance business on October 23, 2000. It is a leading life insurance solutions provider in India, offering innovative protection, pension, savings, investment, annuity and health solutions to customers.

HDFC Life Insurance Company has the list of products for progressive employers and groups who wish to provide the best and most innovative benefit solutions to their employees or members. It offers different products for different needs of groups ranging from group term insurance plans for pure protection, Savings Solutions for employees/members, Credit Life to cover the borrowers of an organization to voluntary funded plans such as gratuity and leave encashment. Registered Office of the company is Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011.

Business area of the economy

It is one of the leading life insurance companies in India.  It offers 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. It sells policies through a multi channel network. This includes direct sales through own branches, Insurance agents, Partner Banks and through other financial institutions. The company has a broad, diversified product portfolio covering five principal segments across the individual and group categories, namely participating, non-participating protection term, non-participating protection health, other non participating and unit-linked insurance products. The company’s wide product suite caters to specific needs of customers during each stage of their lives. It also provides the company with the flexibility to operate successfully across business cycles, work with diverse sets of distribution partners and serve a range of consumers from mass market to high net worth individuals. It also provides the company with the flexibility to adapt to changes in the regulatory landscape and mitigate concentration risk in respect of particular categories or types of products.

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Market Cap	1,28,323 Cr		EPS	6.2		High	600.9
Stock P/E	97.0		Net Profit Margin	3.3		Low	589.1

HDFCLIFE