Mumbai (Maharashtra) [India], January 25 (ANI/NewsVoir): HDFC Life and National Payments Corporation of India (NPCI), have collaborated to offer a first - UPI 123PAY. This is a unique voice-based premium payment service that further simplifies the premium payment process for HDFC Life policyholders. UPI 123PAY is a payment facility through a pre-defined IVR (Interactive Voice Response). This platform will enable customers to make financial transactions with or without an internet connection. Customers can avail this service in various regional languages such as Hindi, Marathi, Gujarati, Punjabi, Kannada, Tamil, etc. The process is very simple - a customer has to initiate a secure call from their phone using the UPI number 080 4516 3571, and complete the UPI onboarding formalities. Once this is done, they can start transacting. This service will also empower those policyholders of HDFC Life who are not accustomed to digital payments, thereby enabling them to take control of their polici
Mumbai (Maharashtra) [India], October 15 (ANI/NewsVoir): On October 14, 2022, HDFC Life, one of India's leading life insurers, announced the merger with its wholly owned subsidiary Exide Life, pursuant to the receipt of the final approval from Insurance Regulatory and Development Authority of India (IRDAI). This event marks the completion of the first-ever merger and acquisition (M&A) transaction in the Indian life insurance sector. HDFC Life completed the acquisition of Exide Life in January 2022. The entire transaction - from announcement of the deal in September 2021 followed by the acquisition in January 2022 and the eventual merger - was completed in less than 14 months. Pursuant to the merger, customers across both entities will have access to a wider bouquet of products and service touchpoints. Employees and distributors will benefit from a larger, stronger organisation that has complementary business models, wider geographical presence and strong ethos. This merger will
Mumbai (Maharashtra) [India], September 30 (ANI/NewsVoir): HDFC Life, one of India's leading life insurers has launched the 'Insure India' campaign that is aimed at educating Indians on the benefits of life insurance as a product category. Over the last three years, HDFC Life along with its vast network of distribution partners has established life insurance awareness month as an exclusive property to spread awareness about the category. Previous initiatives include 'Start the Talk', 'Get Set Protect' and 'Being Responsible' which primarily aimed to educate consumers about life insurance. These continued efforts across various platforms, by HDFC Life and its partners, have enabled the brand to reach out to millions of individuals across the country. 'Insure India' is the latest addition to this series. The objective of this campaign is to educate Indians about life insurance thereby motivating them to secure their future with this unique fina
Mumbai (Maharashtra) [India], September 23 (ANI/NewsVoir): Click2Protect Optima Secure is a comprehensive financial protection plan that offers the dual benefits of health and life insurance. The health insurance part will be serviced by HDFC ERGO General Insurance and life insurance by HDFC Life. Customers can avail up to 5.5 per cent discount on the combined premium in addition to the other discount options available. HDFC ERGO General Insurance Company Limited, one of the leading general insurers of the country, has joined hands with HDFC Life, one of India's leading life insurers, to offer Click2Protect Optima Secure. This is a comprehensive insurance plan providing holistic protection to customers. Click2Protect Optima Secure combines the benefits of life and health insurance solutions under one roof, thereby offering un-complicated financial planning for customers. In this plan, the term life insurance component will protect customers against uncertainties of life with a mini