Hdfc Standard Life Insurance Company Ltd & Icici Prudential Life Insurance Company Ltd

TWO GIANTS IN INSURANCE HDFC Standard Life Insurance Company Ltd & ICICI Prudential Life Insurance Company Ltd Presented a comparative study By-

AMIT YADAV ASHISH HIMANSHU KAUSAR TANU

HDFC Standard Life Insurance Company Ltd HDFC Standard Life Insurance Company Ltd is one of India's leading private insurance companies, which offers a range of individual and group insurance solutions. It is a joint venture between Housing Development Finance Corporation Limited (HDFC Ltd.), India's leading housing finance institution and a Group Company of the Standard Life, UK. HDFC as on December 31, 2007 holds 72.38 per cent of equity in the joint venture. Specialties Life Insurance & Pension Solutions

Key Statistics about HDFC Standard Life Insurance Top Locations Bombay Area, India (235) Delhi Area, India (114) Headquarters Bombay Area, India Industry Insurance Type Privately Held Status Operating Subsidiary Company Size18,000 employees Founded 2000

Common Job Titles Sales Development Manager Branch Manager 9% Sales Manager 7% Manager 5% Financial Consultant 4% Top Schools Univ. of Mumbai 11% Delhi Univ. 4% Univ. of Pune 3% Kendriya Vidyalaya 3% Median Age 29years Gender Male 80% Female 20%

15%

ICICI Prudential Life Insurance Company ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank - one of India's foremost financial services companies-and Prudential plc - a leading international financial services group headquartered in the United Kingdom. Total capital infusion stands at Rs. 47.80 billion, with ICICI Bank holding a stake of 74% and Prudential plc holding 26%. Specialties Life Insurance, Health Insurance, Retirement Planning, Tax Planning, ULIP's

Key Statistics about ICICI Prudential Life Insurance Company Limited Top Locations Bombay Area, India (500+) Delhi Area, India (326) Bangalore Area, India (84) Headquarters Bombay Area, India Industry Insurance Type Privately Held Status Operating Company Size10,000 employees Founded 2000

Common Job Titles Manager 12% Unit Manager 11% Sales Manager 7% Agency Manager 5% Area Manager 5% Top Schools Univ. of Mumbai 7% Delhi Univ. 5% Kendriya Vidyalaya Median Age 27 years Gender Male 80% Female 20%

3%

Comparison of Term Insurance Premiums COMPANY POLICY

HDFC Standard Life

5yrs

1Oyrs

Term Assurance

2770

2820

ICICI Life Guard Prudential

3032

3032

15yrs

2870

3032

20yrs

2920

3032

Endowment Plan of Life Insurance •Secure your financial independence COMPAN POLICY Y

Type of Maximum Min Sum Max Sum Min Risk Cover Premium Assured Assured Term

Max Term

HDFC Endowment Standard Assurance Life Plan Insuranc e

Life 30 yrs Cover(limite d term) with Survival benefits

25000

5000000

10 yrs

30 yrs

ICICI Save 'n' Prudenti Protect al Life Insuranc e

Life Cover 30 yrs with Survival benefits

50000

No Bar

10 yrs

30 yrs

Retirement / Pension Plan of Life Insurance •Monetary security •Financial independence even after retirement •Live carefree in your golden years COMPAN POLICY Y

Type of Risk Cover

Maximu Min Sum Max Min Term Max Term m Assured Sum Premium Assured

HDFC Personal Standard Pension Life Plan Insuranc e

Life Cover Up to with Vesting Deferred age Annuity

50000

No Bar

10 yrs (5 yrs for Single premium)

40 yrs (15 yrs for Single premium)

ICICI Forever Prudenti Life

Life Cover 30 yrs with

50000

No Bar

5 yrs

30 yrs

Children Plan of Life Insurance •Helps you secure your child’s dreams •Economic support when your child needs it most •Funding major milestones COMPAN POLICY Y

Type of Risk Cover

Maximu Min Sum Max Sum Min Term Max m Assured Assured Term Premium

HDFC Children's Standard Plan Life Insuranc e

Life Cover 25 yrs and/or Survival benefits

ICICI Smart Kid Smart Kid 22 yrs Prudenti Regular Regular al Life Premium Premium Insuranc e

50000

No Bar

10 yrs

25 yrs

100000

3000000 10 yrs

22 yrs

Thank s to all…