-7.45 (-1.21%) HDFC Life Insurance Company has declared bonus of Rs 2465 crore for 5.87 lakh policyholders. The company has declared highest ever bonus on its participating plans. Out of the total amount of Rs 2465 crore, Rs 1803 crore will be payable in this financial year, as bonus on maturing policies or as cash bonuses. The remaining bonus amount would be payable in the future as and when policies cease to exist on account of maturity, death or surrender.
HDFC Life Insurance Company is one of the leading life insurance companies in India offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings & Investment and Health, along with Children's and Women's Plan.