Comparative Analysis of unit linked

products & plans of HDFC standard

life insurance company ltd
 Contents
1. Meaning
2. Types of Insurance
3. Company Profile
4. Group Companies of HDFC
5. HDFC STANDARD Life Insurance
6. Vision & Values of Company
7. Products of HDFCSLIC Ltd.
8. Conclusions
 Meaning
“Every asset has a value for its
owner and also for those who
are benefited with the existence
of that asset. Insurance is
concerned with the protection
of economic value of assets and
diversify the risk.”
Types of Insurance

Non - Life Insurance

Life Insurance
 Non Life Insurance
Marine Insurance
Fire Insurance
Miscellaneous Insurance
Vehicles
Furniture
Building
Aircrafts, etc.
 Life Insurance

Human Life Insurance

Human beings’ sickness,

illness

Long term Concept

 COMPANY PROFILE

The HDFC Group

HDFC was incorporated in 1977 with two

primary objectives - to enhance housing stock in
the country through net worth of Rs. 2,703 crores
as of March 31, 2002 and an asset base of over Rs.
22,000 crores. HDFC also aim to increase the flow
of resources to the housing sector by integrating
the housing finance sector with the overall
domestic financial markets.
 GROUP COMPANIES OF
HDFC

Realty Limited
DEPOSITS

SECURITIES
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, and leading providers of financial services
in the United Kingdom. HDFC as on March 31, 2007
holds 81.9 per cent of equity and Standard Life was
holding 18.1 in the joint venture.
 Highlights—

1. First life insurance Company in the private sector to

get license from the regulator IRDA.
2. First life insurance Company to come out with Term
Assurance Plan.
3. First private life insurance Company to declare
bonuses consecutively for 6 years from inception
4. Only life insurance Company to give 24 free switching
option to Unit Linked Policyholders.
5. HDFC is one of the fastest growing Private Life
Insurers and today have more than 8 lakh
policyholders.
6. HDFC have one of the widest networks with more than
160 branches and servicing over 440 towns.
 Our Vision
“The most successful and
admired Life Insurance
Company, which means
that we are most trusted
company, the easiest to
deal with, offers the best
value for money, and set
the standards in the
industry. In short, “The
most obvious choice for
all”.
 Values

Integrity
Innovation
Customer Centric
People Care
Team Work
Joy & Simplicity
Products of HDFC SLIC ltd

Traditional Plans

Unit Plans Linked

Traditional Plans

Endowment Plan
Money Back Plan
Children Plan
Term Insurance Plan
Pension Plan
Unit Linked Plans

Young Star Plan

Endowment Plan
Pension & Pension Plus Plan
 FUNDS DETAILS ASSET CLASS RISK
& RETURN
Bank Deposits Govt. Securities & Equity RATING
& Money Bonds
Market

FUND COMPOSITION

Liquid • Extremely low capital risk 100% -- -- Low

Fund • Very stable return
Secure • More capital stability than equity funds -- 100% -- Low Mode-
Managed • Higher potential return liquid fund Rate
Fund
Defensive • Access to better long-term returns through -- 70% 15% Mode-
Managed equities to to Rate
Fund • Significant bond exposure keeps risk down 85% 30%
Balanced • Increased equity exposure gives better long-term -- 40% 30% High
Managed return to to
Fund • Bond exposure provides some stability 70% 60%
Equity Managed • Further increased exposure to equities to give a -- 0% 60% Very
Fund greater long-term return to to High
• A smaller bond holding will aid diversification 40% 100%
& provide a little stability
Growth • For those who wish to maximize their returns -- -- 100% Very
Fund • 100% investment in high quality Indian equities High
 Conclusions
1. HDFC STANDARD Life ltd is the leading
insurance provider to public and private sector.
2. Due to lack of basic promotion and publicity,
people are not fully aware about the product.
3. HDFC Standard Life Company should make
little more efforts to trap the potential
customers.
4. Yet, HDFC STANDARD Life Ltd provides right
products to right investors so that they can get
best value of their money.