TWO GIANTS IN

INSURANCE
HDFC Standard Life Insurance
Company Ltd
&
ICICI Prudential Life Insurance
Company Ltd

a comparative
Presented study
By-
AMIT
YADAV
ASHISH
HIMANSHU
KAUSAR
TANU
 HDFC Standard Life
Insurance Company Ltd
HDFC Standard Life Insurance Company Ltd is one of
India's leading private insurance companies, which offers
a range of individual and group insurance solutions. It is a
joint venture between Housing Development Finance
Corporation Limited (HDFC Ltd.), India's leading housing
finance institution and a Group Company of the Standard
Life, UK. HDFC as on December 31, 2007 holds 72.38 per
cent of equity in the joint venture.

Specialties
Life Insurance & Pension Solutions
Key Statistics about HDFC Standard
Life Insurance
Common Job Titles
Top Locations
Sales Development Manager 15%
Bombay Area, India (235) Branch Manager 9%
Delhi Area, India (114) Sales Manager 7%
Manager 5%
Headquarters Bombay Area, Financial Consultant 4%
India Top Schools
Univ. of Mumbai 11%
Industry Insurance Delhi Univ. 4%
Type Privately Held Univ. of Pune 3%
Status Operating Subsidiary Kendriya Vidyalaya 3%
Median Age 29years
Company Size18,000
Gender
employees
Male 80%
Founded 2000 Female 20%
 ICICI Prudential Life
Insurance Company
ICICI Prudential Life Insurance Company is a joint venture
between ICICI Bank - one of India's foremost financial services
companies-and Prudential plc - a leading international
financial services group headquartered in the United
Kingdom. Total capital infusion stands at Rs. 47.80 billion,
with ICICI Bank holding a stake of 74% and Prudential plc
holding 26%.

Specialties
Life Insurance, Health Insurance, Retirement Planning, Tax
Planning, ULIP's
 Key Statistics about ICICI
Prudential Life Insurance
Company Limited
Top Locations Common Job Titles
Bombay Area, India (500+) Manager 12%
Unit Manager 11%
Delhi Area, India (326)
Sales Manager 7%
Bangalore Area, India (84) Agency Manager 5%
Area Manager 5%
Headquarters Bombay Area, India Top Schools
Industry Insurance Univ. of Mumbai 7%
Type Privately Held Delhi Univ. 5%
Status Operating Kendriya Vidyalaya 3%
Company Size10,000 employees Median Age 27 years
Founded 2000 Gender
Male 80%
Female 20%
 Comparison of Term
Insurance Premiums
COMPANY POLICY 5yrs 1Oyrs 15yrs 20yrs

HDFC Term 2770 2820 2870 2920

Standard Assurance
Life

ICICI Life Guard 3032 3032 3032 3032

Prudential
 Endowment Plan of Life
Insurance
•Secure your financial independence
COMPAN POLICY Type of Maximum Min Sum Max Sum Min Max
Y Risk Cover Premium Assured Assured Term Term

HDFC Endowment Life 30 yrs 25000 5000000 10 yrs 30 yrs

Standard Assurance Cover(limite
Life Plan d term) with
Insuranc Survival
e benefits

ICICI Save 'n' Life Cover 30 yrs 50000 No Bar 10 yrs 30 yrs
Prudenti Protect with Survival
al Life benefits
Insuranc
e
 Retirement / Pension Plan of
Life Insurance
•Monetary security
•Financial independence even after retirement
•Live carefree in your golden years
COMPAN POLICY Type of Maximu Min Sum Max Min Term Max Term
Y Risk m Assured Sum
Cover Premium Assured

HDFC Personal Life Cover Up to 50000 No Bar 10 yrs (5 40 yrs (15

Standard Pension with Vesting yrs for yrs for
Life Plan Deferred age Single Single
Insuranc Annuity premium) premium)
e

ICICI Forever Life Cover 30 yrs 50000 No Bar 5 yrs 30 yrs

Prudenti Life with
Children Plan of Life Insurance
•Helps you secure your child’s dreams
•Economic support when your child needs it most
•Funding major milestones

COMPAN POLICY Type of Maximu Min Sum Max Sum Min Term Max
Y Risk m Assured Assured Term
Cover Premium

HDFC Children's Life Cover 25 yrs 50000 No Bar 10 yrs 25 yrs

Standard Plan and/or
Life Survival
Insuranc benefits
e

ICICI Smart Kid Smart Kid 22 yrs 100000 3000000 10 yrs 22 yrs
Prudenti Regular Regular
al Life Premium Premium
Insuranc
e
Thank
s
to all…