Insurance company HDFC Life has announced the highest-ever bonus on its insurance plans. The company has announced a bonus of Rs 2465 crore. 5.87 lakh policyholders of the company will be eligible for this bonus.
According to the information given by the company, this bonus was approved in the meeting of the Board of Directors held in April. Out of Rs 2465 crore, Rs 1803 crore will be given to the insured in this financial year. These Rs 1803 crore will be given on maturing policies or as a cash bonus. The balance amount will be given at the time of policies maturing in the future, on death or surrender.
Vibha Padalkar, MD & CEO, HDFC Life expressed happiness while giving this information. He said that the company is giving a competitive bonus to its insurance holders year after year. We place utmost emphasis on the hard-earned money of our insured, the financial security of them and their families, he added. We try to live up to their expectations. We are committed to keeping their trust.
HDFC Life Insurance Company Limited, HDFC Limited, India's leading housing finance company, and Aberdon (Mauritius Holdings) Limited. is a joint ventures. Established in the year 2000, HDFC Life is a leading life insurance company in India. It has a range of individual and group insurance plans. These plans cater to the needs like security, pension, savings, investment, and health. The company had 39 individual and 13 group insurance plans as of March 31, 2022.
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