HDFC Life Insurance Company Limited

HDFC Life Insurance offers novel solutions in protection, savings, and health, employing technology to provide continuous, remote services and a diverse delivery network

About

HDFC Life is dedicated to providing innovative products and services that enable individuals to live a 'Life of Pride'. For over two decades, it has o Read more ffered life insurance solutions addressing various needs such as protection, pension, savings, investment, annuity, and health, thereby covering the three key risks of mortality, morbidity, and longevity. The long-standing strategy of a balanced product mix, diversified distribution, continuous product innovation, and re-imagining insurance through effective use of technology has enabled HDFC Life to continue its journey despite an ever-changing external environment. Over the years, HDFC Life has successfully developed an agile framework for multi-tie distribution, partnering with over 300 entities, and continues to strengthen its distribution and expand the breadth of its relationships by adding new partners. HDFC Life is committed to offering superior service in a timely manner, leveraging technology to provide a range of digital initiatives that are completely contactless and paperless across most of its channels, including branch offices. The organisation constantly strives to build a resilient, tech-driven, and scalable business, basing all its activities on its values and vision.

Grant Value

  • 2022

    Grant Value
    Rs. 173,700,000
    CSR Budget
    Rs. 129,700,000
  • 2023

    Grant Value
    Rs. 195,300,000
    CSR Budget
    Rs. 156,400,000
  • 2024

    Grant Value
    Rs. 232,300,000
    CSR Budget
    Rs. 153,000,000

Cause Area

Cause Level Grant Distribution

Programmes

Geographical Coverage

Andhra Pradesh
Tamil Nadu
West Bengal
Bihar
Himachal Pradesh
Jharkhand
Madhya Pradesh
Maharashtra
Rajasthan
Tripura
Uttar Pradesh
Uttarakhand
Odisha
Telangana
Arunachal Pradesh
Assam
Manipur
Meghalaya
Nagaland
Sikkim

Impact

Impact made
Girls inducted into formal schooling 1,548
Individuals received financial literacy training 55,651
Students and Children impacted 45,474
Expectant mothers benefitted 6,157
Sq ft of forest cover created 6,49,000

Leadership Team

  • Dr. Bhaskar Ghosh LinkedIn Logo
    Chairman CSR Committee and Independent Director
  • Suresh Badami LinkedIn Logo
    Member, CSR Committee & Deputy Managing Director
  • Niraj Shah LinkedIn Logo
    Member CSR Committee & Executive Director and CFO
  • Tejaswini Hulsurkar LinkedIn Logo
    Senior Manager, CSR

Programs

  • Education & Livelihood

    Description

    HDFC Life Insurance Company Limited employs a comprehensive strategy in education and livelihood, covering primary and secondary education, support for the physically challenged, early childhood education, financial literacy, and job creation. Its efforts align with the United Nations' Sustainable Development Goals (SDGs), focusing on reducing inequality.

    HDFC Life collaborates with partners to introduce modern teaching methods and digital tools, enhancing learning for low-income students. It invests in foundational learning and early childhood education to develop a skilled workforce and support children's cognitive, social, and emotional growth, aligning with SDGs for quality education, reduced inequalities, and good health.

    The organisation supports persons with disabilities, promoting equal opportunities and access to resources. Its financial literacy programmes aim to improve the financial skills of underprivileged individuals through education, training, and innovative solutions, linking them to social welfare schemes and government subsidies.

    Cause
    States
    Demographics
    Impact
    Girls inducted into formal schooling 1,548
    Individuals received financial literacy training 55,651
    Orphans supported 90
    Graduates trained 803
    Children provided with digital equipment 340
    Students engaged in the tinkering lab 500
  • Health & Sanitation

    Description

    HDFC Life Insurance Company Limited is committed to health and sanitation, investing resources to improve standards in the communities it serves. The organisation's initiatives focus on paediatric care, including cancer, heart defects, and clubfoot, as well as nutrition, sanitation, and elderly care. These efforts aim to enhance the quality of life for vulnerable and economically marginalised groups, demonstrating HDFC Life's dedication to positive social impact and sustainable change.

    HDFC Life supports paediatric healthcare to ensure children grow into productive members of society. Its nutrition programmes address the needs of children, the elderly, and low-income communities, aiding in poverty alleviation and supporting UN Sustainable Development Goal 2. Sanitation efforts provide clean water, proper facilities, and hygiene education, reducing disease and promoting dignity, aligning with UN Sustainable Development Goal 6.

    The organisation also aids the elderly with healthcare services, assisted living, and social programmes, enhancing their well-being and quality of life.

    Cause
    States
    Demographics
    Impact
    Households benefitted 1,41,202
    Children benefitted 39,557
    Expectant mothers benefitted 6,157
    Screening camps 36
    Corrective surgeries 97
    Children supported through hospitals 1,741
    Children treated for clubfoot 3,246
  • Environment Sustainability

    Description

    HDFC Life, an insurance company, runs an environmental program to reduce its carbon footprint. They plant trees in cities (city forests) and other areas to improve air quality and fight climate change. They use a special method to plant a variety of native trees together to create a self-sustaining ecosystem. They've planted trees in multiple locations in India, including Maharashtra and Sikkim. Their program also supports local communities by providing jobs and sourcing materials sustainably. Additionally, they installed solar panels in schools to reduce reliance on fossil fuels and educate students about clean energy.

    Cause
    Demographics
    Impact
    Sq ft of forest cover created 6,49,000
    Trees planted 69,000
    City forests created 10

Annual Reports

In the News

News Image
HDFC Bank spends Rs 945 crore on CSR, impacts 10.19 crore lives

Location

  • Headquarters

    12 Floor, Lodha Excelus, Apollo Mills Compound, N.M. Joshi Road, Mahalaxmi, Mumbai, Maharashtra - 400011

    Directions

Contact

  • Email ID

    service@hdfclife.com

  • Phone Number

    (022)67516666

Point of Contact

  • Name

    Lopah Mudra Bhattacharrya

  • Email ID

    lopahmudrab@hdfclife.com mediarelations@hdfclife.com