HDFC Life

HDFC Life is one of India's most consistent term and savings insurers — 99.4% claim settlement ratio in FY2024, strong persistency and 4 fund options in ULIPs. We recommend their term for young families who need high cover at a low premium, and their child plan for goal-based savings with waiver of premium. Medical underwriting is smooth and e-issuance is usually same-day.