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hdfc life insurance.

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hdfc life insurance.

  1. 1. HDFC incorporated in 1977 with a share capital of Rs 10 Crores . HDFC has since emerged as the largest residential mortgage finance institution in the country. The company has covered over 8.7 Lakh lives and operates through almost 450 locations throughout the country with it’s corporate head quarters in Mumbai, India. HDFC also has an international Office in Dubai, UAE with service associates in Kuwait, Oman and Qatar.
  2. 2. CASE REPORT: Organization:- HDFC Life Insurance. Establishment:- August,2000 Brand:- HDFC Capacity:- Holds 26.00% of equity, 500 branches in INDIA. Market:- Strong sales and direct marketing network. Products:- Protection, Pension, Savings, Investment, Health along with Children and Women plans. Price:- Commission Basis
  3. 3. Services:- Protection Plan, Health Plan, Saving and Investment Plans, Retirement Plans, women’s Plan, Children Plan, Rural and social Plans. Market Status:- Growth Stage Competition Level:- Competitive Place Of Operation:- All Over INDIA. Vision:- The most obvious choice for all. Goal:- Certainty ,tax efficient ,flexibility ,liquidity . Aim:- Long term saving and investments.
  4. 4. Range of Solutions: HDFC has a range of individual and group solutions, which can be easily customized to specific needs . These group solutions have been designed to offer complete flexibility combined with a low charging structure. Strong Ethical Value: HDFC is an ethical and cultural Organization . False selling or false commitment with the customer is not allowed. Most respected Private Insurance Company : HDFC was awarded NO.1 Private Insurance Company in 2004 by the World Class Magazine Business World for integrity , innovation and Customer Care.
  5. 5. HDFC Life (HDFC Standard Life Insurance Company) is a long-term life insurance provider with its headquarters in Mumbai, offering individual and group insurance. It is a joint venture between Housing Development Finance Corporation (HDFC), one of India's leading housing finance institution and Standard Plans , leading well known provider of financial savings & investments services in the United Kingdom. HDFC Ltd. holds 72.37% and Standard Life (Mauritius Holding) Ltd. holds 26.00% of equity in the joint venture, while the rest is held by others.
  6. 6. How insurance business has evolved over a period of time?

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