Lic Life Insurance
vs
Hdfc Life Insurance

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Lic Life Insurance vs Hdfc Life Insurance

Lic Life Insurance

LIC (Life Insurance Corporation of India) is one of the oldest life insurance companies started in 1956 to offer insurance solutions to every Indian.

Hdfc Life Insurance

HDFC Life is a joint venture between HDFC Ltd., India& 039;s leading housing finance institution, and Aberdeen PLC. It is present in around 980+ towns and cities in India.

COMPANY DETAILS Edit LIC Life Insurance

Lic Life Insurance

Edit HDFC Life Insurance

Hdfc Life Insurance

Rating
Number of life insurance plans and add-ons
Annual Premium

Annual Premium

Up to 276 cr

Annual Premium

Up to 962.83 Cr.
Premium

Premium

-

Premium

-
Claim ratio

Claim ratio

98.62%%

Claim ratio

99.3%%
Solvency Ratio

Solvency Ratio

1.66

Solvency Ratio

2
Branches

Branches

2048

Branches

372 branches
Riders Available

Riders Available

-

Riders Available

-
Policy Term

Policy Term

-

Policy Term

-

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LIC Life Insurance

LIC (Life Insurance Corporation of India) is one of the oldest life insurance companies started in 1956 to offer insurance solutions to every Indian.

LIC Life Insurance Plans Plans

LIC Life Insurance Plans

LIC Jeevan Labh (Plan No: 936) is a limited premium paying, non-linked (Not dependent on equity-based funds and money/share market) with-profit endowm...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Life Insurance Plans

This plan has double roles to play. Firstly, this plan is applicable for safeguarding a family after the untimely death of the policyholder. Secondly,...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

LIC Life Insurance Plans

LIC's Jeevan Tarun is basically a participating non-linked limited premium plan that offers a great combination of protection along with savings for y...

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure

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Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.