Life Insurance Sep 09

The Indian life insurance industry grew by 12.85 % in new premium collected in 1st half of 2009-10. Most of the industry's growth can be attributed to the healthy 35% increase registered by LIC on its massive base.

Key highlights are:

HDFC Single Premium Whole Life Insurance Plan

HDFC Single Premium Whole Life Insurance Plan is a tailor-made plan well suited to meet your long-term investment needs. This participating plan offers you the following benefits:

1. Whole life plan aimed at providing long-term real growth of your money

2. Single premium investment plan

3. In case of your unfortunate demise during the policy term, this participating (‘With Profits’) insurance plan will pay your family the Sum Assured and compound Reversionary Bonuses, which are usually added annually. An additional Terminal Bonus may be paid depending on the performance of the underlying investments