HDFC Life starts selling life insurance through CSC

HDFC Life, country's leading long term private life insurance solutions provider today announced the launch of a new sales channel to take life insurance to semi-urban and rural India using the Common Services Centre (CSC) network.

The company has designed HDFC Life CSC Suraksha, an exclusive term insurance plan to be sold through CSC channel.

HDFC Life CSC Suraksha is a non-participating term insurance plan with annual premium as low as Rs 112. The life cover/Sum Assured that the policyholder can opt for in this plan will range from Rs 30,000 to Rs 2, 00,000. The policy term between 5 years and 15 years wherein have to pay regular premiums throughout the policy term.

In the unfortunate event of death of the life assured during the term of the policy, the nominee will get an amount equivalent to Sum Assured or 10 times Annualized Premium or 105 per cent of the total premiums paid till the date of death which will be higher.

The plan will also offer Tax Benefits as the premiums paid towards the policy will be tax-deductible.

Source: Web India