GROUP 06. T.Y.B.B.

 Vishakha

Mehta Madhuri Agrawal Vandana Daki Lalit mulani Dhiren rohra Jinay Gandhi Pooja khandhar Prachi jain

16 15 12 13 18 17 11 14

HDFC Standard Life Insurance

The company currently has 25 retail and 6 group products in its portfolio. Group Plan Protection Plan Children Plan Retirement Plan Savings and Investment Plans Health Plans

1. 2. 3. 4. 5. 6.

Premium Calculations: Step 1: Premium is usually stated as Rs. per thousand SA. (Sum Assured) Step 2: Deduct adjustment for large S.A if applicable. Step 3: Make adjustment for mode of payment of premium. Step 4: Add Extras. Step 5: Multiply by SA.

Income Tax Benefits: i. Income tax does not have to be paid on policy claimed and surrender amount. ii. The premium being not more than 20% of the SA on any policy during any year.

Need-Based Selling Approach: Eight-step structured sales process Disha, helps customers understand their latent needs at the first instance. Transparent Dealing: Clearly communicated to help customers take the right decision. Strict Compliance with Regulations: Agents who successfully completed this training only, are authorized by IRDA to sell ULIPs.

Focus on Training: Training is an integral part of their business strategy. To enhance their technical skills or the softer behavioral skills to to deliver the service. Advertisement: be able

Sar Utha Ke Jiyo, first TV Advertising Campaign on 17th January 2005. It was honoured as Among Indias 60 Glorious Advertising Moments. It was ranked 6th amongst The 10 most effective Advertisements in September 2007. 2 silver and 1 bronze awards at the ADFEST 2007 National Awards by Advertising Agencies Association of India (AAAI). 3 awards are the highest won by any single brand in the financial services business.

Website: Launch of website in 2000 - www.hdfcinsurance.com

Mr. Deepak M Satwalekar is the Managing Director and CEO since November 2000. Mr. Amitabh Chaudhry - Managing Director and Chief Executive Officer. Mr. Paresh Parasnis is the Executive Director and Chief Operating Officer. Ms. Vibha Padalkar is the Chief Financial Officer. Mr. Ashley Rebello is the Chief Actuary and Appointed Actuary. Mr. Vikram Mehta heads the Sales and Marketing. Mr. Prasun Gajri is the Chief Investment Officer. Company has a strong presence in its existing markets with a base of 2,00,000 Financial Consultants.

568 branches servicing customer needs in over 700 cities and towns. First branch opened in Churchgate on 1st November 2000. Corporate head office is in Mumbai. Contact Address: HDFC Standard Life Insurance Co. Ltd. 'Trade Star', 2nd floor, 'A' Wing Junction of Kondivita and M.V. Road Andheri-Kurla Road Andheri (East), Mumbai - 400059

As a life insurance company, HDFC standard life insurance understand that customers have invested their savings with them for the long term, with specific objectives in mind. Thus, their investment focus is based on the primary objective of protecting and generating good, consistent, and stable investment returns to match the investors long-term objective and return expectations, irrespective of the market condition.