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HDFC Life Declares Bonus of Rs. 2465 cr.


HDFC Life has declared its highest ever bonus on its taking part plans. The bonus of Rs. 2465 cr. was introduced within the Firm’s Board assembly held in April 2022. 5.87 lakh policyholders are eligible for this bonus.


 


Out of the overall quantity of Rs. 2465 cr., Rs. 1,803 cr. will likely be payable on this monetary 12 months, as bonus on maturing insurance policies or as money bonuses. The remaining bonus quantity can be payable sooner or later as and when insurance policies stop to exist on account of maturity, loss of life or give up.


 



20793 HDFC


Vibha Padalkar, MD and CEO, HDFC Life


 


Vibha Padalkar, MD & CEO, HDFC Life, mentioned, “We are pleased to announce market competitive bonus payouts year after year. It is our way of exceeding the expectations of our policyholders who strongly believe in financially securing themselves and their loved ones and have entrusted us with their hard-earned money. We stay committed to uphold the trust they have placed in us. It is our promise to keep delivering value to all.”


 


About HDFC Life


HDFC Life Insurance Firm Restricted (‘HDFC Life‘ / ‘Company’) is a three way partnership between HDFC Ltd., India’s main housing finance establishment and abrdn (Mauritius Holdings) 2006 Restricted, a world funding firm.


 


Established in 2000, HDFC Life is a number one, listed, long-term life insurance coverage options supplier in India, providing a spread of particular person and group insurance coverage options that meet varied buyer wants similar to Safety, Pension, Financial savings, Funding, Annuity and Health. As on March 31, 2022, the Firm had 39 particular person and 13 group merchandise in its portfolio, together with 7 elective rider advantages, catering to a various vary of buyer wants.


 


HDFC Life continues to profit from its elevated presence throughout the nation having a large attain with 372 branches and extra distribution touch-points by a number of new tie-ups and partnerships. HDFC Life has practically 300 partnerships, comprising conventional companions similar to NBFCs, MFIs and SFBs, and together with new-ecosystem companions.


 


The Firm has a powerful base of economic consultants. For extra info, please go to our web site www.hdfclife.com.


 


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