type private company industry insurance services founded 2000 headquarters mumbai india area served india key people mr. amitabh chaudhry ms. vibha padalkar products insurance total assets 74 200 crore us 11 billion 2016 number of employees 15 819 website www.hdfclife.com 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 ltd hdfc one of india s leading housing finance institution and standard life plc leading well known provider of financial savings & investments services in the united kingdom . on august 14 2015 hdfc ltd. entered into a share sale agreement with standard life to sell a 9.00 % stake in hdfc life to the latter . the transaction is subject to receipt of regulatory approvals . post the completion of the above transaction hdfc will hold 61.65 % stake in hdfc life and standard life s stake will increase to 35.00 % with rest to be held by others . contents 1 presence & distribution 2 products & services 3 key people 4 corporate history 5 associated companies 6 references 7 external links presence & distribution edit hdfc life has about 398 branches and presence in 980 cities and towns in india . the company has also established a liaison office in dubai . 1 hdfc life distributes its products through a multi channel network consisting of insurance agents bancassurance partners hdfc bank saraswat bank rbl bank direct channel insurance brokers & online insurance platform . products & services edit hdfc life s products include protection pension savings investment health along with children and women plans . the company also provides an option of customizing the plans by adding optional benefits called riders at an additional price . the company currently has 29 retail and 8 group products along with 7 optional rider benefits as on 31st may 2016 2 mohit karnwal protection plans insurance plans that provide protection and financial stability to the family in case of any unforeseen events . click2protect plus is their online term plan . launched csc suraksha to be sold exclusive through the common services centre network click2invest is their online ulip investment plan health plan offers financial security to meet health related contingencies . savings & investment plans these plans help in investment to achieve financial goals retirement plans financial security for life post retirement women s plans plans catering to different financial needs of women children s plans plans meant to secure children s future rural & social plans meant specifically for rural customers click2retire completed their click2 portfolio key people edit the md & ceo of the company is amitabh chaudhry 3 ed & cfo is vibha padalkar chief actuary & appointed actuary is srinivasan parthasarthy prasun gajri is the cio & rajendra ghag heads the human resources as chief hr officer . 4 corporate history edit the insurance regulatory and development authority irda was constituted in 1999 as an autonomous body to regulate and develop the insurance industry . the irda opened up the market in august 2000 with the invitation for application for registrations . hdfc life was established in 2000 becoming the first private sector life insurance company in india . 5 by 2001 the company had its 100th customer strengthened its employee force to 100 and had settled its first claim . hdfc life launched its first tv advertising campaign sar utha ke jiyo in 2005 . in 2006 a study conducted by the brand equity economic times had put hdfc life at 29th rank in the most trusted indian brands amongst the top 50 service brands of 2010 . 6 the insurance regulatory and development authority irda gave accreditation to hdfc life for 149 training centres housed in its branches to cater to the mandatory training required to be given as well as for other sales training requirements in 2009 . in 2012 it the first private life insurance company to bring back pension plans under the new regulatory regime with the launch of two pension plans hdfc life pension super plus and hdfc life single premium pension super . 7 associated companies edit hdfc life s associated companies include hdfc ltd hdfc bank hdfc pension hdfc mf hdfc sales hdfc ergo hdb financial services hdfc securities hdfc red 8 hdfc ventures trustee company gruh finance hdfc trustee company hdfc developers hdfc property ventures hdfc investments credit information bureau india lt references edit hdfc life launches first international operations in dubai . economic times . 26 january 2012 . retrieved 4 december 2013 . offered life insurers hdfc life on irda check url value help . irda . retrieved 4 december 2013 . bloomberg tv india amitabh chaudhry s views on budget 2014 15 bloomberg businessweek . retrieved 31 august 2012 . history of irda . irda . retrieved 4 december 2013 . top 50 service brands . economic times . 31 august 2010 . retrieved 4 december 2013 . hdfc life launches two pension plans in june . money control . retrieved 4 december 2013 . official website of hdfc red . external links edit official website official blog insurance knowledge center v t e insurance in india companies agriculture agriculture insurance company of india general bajaj allianz cholamandalam ms general insurance corporation of india hdfc ergo icici lombard national insurance new india assurance oriental insurance reliance tata aig united india shriram general insurance co. ltd. health employees state insurance esi max bupa star health life aviva india aegon religare bajaj allianz hdfc life icici prudential life insurance idbi federal life insurance indiafirst life insurance company exide life insurance previously ing vyas life india lic max life peerless group reliance sbi life sun life financial shriram life insurance co. ltd. insurance repository cdsl nsdl other insurance repository in india cisr insurance institute of india insurance regulatory and development authority irda policybazaar india rashtriya swasthya bima yojana category retrieved from https en.wikipedia.org w index.php title hdfc life & oldid 737982759 categories companies based in mumbailife insurance companies of indiacompanies based in maharashtrahidden categories pages with url errors navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 6 september 2016 at 06 09 . text is available under the creative commons 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