All you wanted to know about HDFC and Standard Life Insurance
Summary :
Table of Contents
- Introduction
- Company profile
- Corporate profile
- HDFC and its group companies
- Insurance plan and compara
- HDFC market review
- Key terms
- Major competitiors
- Research methodology
- Data analysis
- Conclusion and recommendation of the reserach
- SWOT analysis
- Suggestion
- Conclusion
- Bibliography
Abstract
hdfc standard life is the name which is working as one of the best private insurance company in insurance sector. hdfc standard life insurance Company Ltd was incorporated on 14th August 2000.It got the certificate of registration on 23rd October. With such a large population and the untapped market of population insurance happens to be a very big opportunity in India. Today it stands as a business growing at the rate of 15-20 per cent annually. Together with banking services, it adds about 7 per Cent to the country's GDP .In spite of all this growth the statistics of the penetration of the insurance in the country is very poor. Nearly 80% of Indian populations are without life insurance cover and the Health insurance. This is an indicator that growth potential for the insurance sector is immense in India. The insurance came to India from UK; with the establishment of the Oriental life insurance Corporation in 1818.The Indian life insurance company act 1912 was the first statutory body that started to regulate the life insurance business in India. By 1956 about 154 Indian, 16 foreign and 75 provident firms were been established in India. Then the Central government took over these companies and as a result the LIC was formed. Since then LIC has worked towards spreading life insurance and building a wide network across the length and the breath of the country. After the liberalization the entrance of
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