HDFC Standard Life Insurance Co. Ltd was incorporated on 14th august 2000. It is a joint venture between Housing Development Finance Corporation Limited (HDFC Ltd.) India and UK based Standard Life Company. Mr. Deepak Satwalekar is the MD and CEO of the HDFC Standard Life Insurance.
The Bank assurance partners of HDFC Standard Life Insurance Co Ltd are HDFC, HDFC Bank India Limited, Union Bank of India, Indian Bank, Bank of Baroda, Saraswat Bank and Bajaj Capital.
HDFC Standard Life Insurance Company is a customer oriented corporation and aim at complete customer satisfaction. It was rated by ‘Business world’ as ‘India’s Most Respected Private Life Insurance Company’ in 2004. It offers many products including protection plans, investment plans, pension plans, saving plans, group products and other tax benefit schemes.