HDFC Life launched two micro insurance products, Jeevan Suraksha and Credit Suraksha

HDFC-Life-launched-two-micro-insurance- products-Jeevan-Suraksha-and-Credit-Suraksha , Life insurance provider HDFC Life has launched two micro-insurance scheme named Jeevan Suraksha and Credit Suraksha to provide financial security to its customers. Aim : To address the needs of the Employees of Micro Finance Institutions, Co-operatives and Members / Employees of

other homogenous groups to provide financial security at a nominal cost in the event of unfortunate death of a Member / Employee.HDFC Life

Jeevan Suraksha :

♦ It will provides insurance cover maximum 2 lakhs against untimely death.

♦ 3 premium payment options – Yearly renewable, Single pay & Regular pay.

Credit Suraksha :

♦ It will provides insurance protection against outstanding loan liability up to Rs 2 lakhs in the event of untimely demise of the insured member.

♦ 5% discount on premium of the younger life assured.

HDFC Life:

HDFC life is a joint venture between Housing Development Finance Corporation Ltd (HDFC), and Standard Life plc.

CEO: Amitabh Chaudhry

Headquarters: Mumbai