HDFC Life Declares Rs. 3,722 Cr. Bonus for Policyholders [Business Wire India]
Participating or par plans are a distinctive type of life insurance policy that provide policyholders with profit-sharing benefits in the form of bonuses. These plans allow policyholders to share in the company's profits, reflecting a mutual partnership between the insurer and policyholders.
Out of the total bonus amount,
This significant bonus distribution underscores HDFC Life's dedication to providing financial security and rewards its policyholders, fostering a relationship built on trust and mutual benefit.About HDFC Life
Established in 2000,
In FY 2024, HDFC Life, known for its innovative products and customer centric approach, has secured more than 66 million lives with an overall claim settlement ratio of 99.7%.
HDFC Life was promoted by erstwhile
HDFC Life has a nation-wide presence with its own branches and additional distribution touch-points through several tie-ups and partnerships. The count of distribution partnerships is over 300, comprising banks, NBFCs, MFIs, SFBs, brokers, and new ecosystem partners amongst others. The Company has a strong base of financial consultants.
For more information, please visit www.hdfclife.com. You may also connect with us on Facebook, X (formerly Twitter), YouTube, and LinkedIn. Published by HT Digital Content Services with permission from Business Wire India. For any query with respect to this article or any other content requirement, please contact Editor at [email protected]
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