Term insurance provides pure life cover at low premiums — no maturity benefit, but maximum coverage for minimum cost. Ideal for income replacement and family protection. ULIP (Unit Linked Insurance Plan) combines life cover with market-linked investments. You pay higher premiums, part goes to insurance and part to funds (equity/debt). Better for long-term wealth creation with insurance.

HDFC ERGO has a cashless network of 13,000+ hospitals across India. Cashless is available only at network hospitals — check their website or app before admission. For non-network hospitals, you can file a reimbursement claim within 15 days of discharge. Claims are typically settled within 30 days.

HDFC Life has a claim settlement ratio of 99.5% for FY 2023-24, one of the highest in the industry. This means 99.5 out of every 100 death claims were settled. HDFC ERGO has a health claim settlement ratio of 99.8%. Both are IRDAI regulated and follow strict claim processing guidelines.

The restore benefit (also called reinstatement benefit) means that if your entire sum insured is exhausted during a policy year, it is automatically restored to the original amount — at no extra cost — for use during the same year for different or unrelated illnesses. Available in HDFC ERGO Optima Secure plans.

Yes. As per IRDAI regulations, you can port your health insurance from any insurer to HDFC ERGO while retaining your accumulated waiting period credits and No Claim Bonus. Apply for porting at least 45 days before your renewal date. Porting does not affect your existing benefits or sum insured.

Zero depreciation (also called nil depreciation or bumper-to-bumper) cover means the insurer pays the full cost of damaged parts without deducting depreciation. Without this add-on, insurers deduct depreciation (15–50% depending on part type and age) from your claim. Highly recommended for new and premium cars. Available for cars up to 5 years old.

IDV = (Ex-showroom price − Depreciation) + Accessories. Depreciation is based on vehicle age: 0–6 months (5%), 6 months–1 year (15%), 1–2 years (20%), 2–3 years (30%), 3–4 years (40%), 4–5 years (50%). IDV is the maximum amount payable in case of total loss or theft. A higher IDV means higher premium.

Yes. NRIs (Non-Resident Indians) can purchase HDFC Life term plans and investment plans while visiting India, or online if they have an Indian bank account and valid KYC documents (PAN + Aadhaar or passport). Premiums can be paid through NRE/NRO accounts. Death benefits are freely repatriable under FEMA.