HDFC Life Insurance Company (HDFC Life) is the second largest private insurer based on shareofNewBusinessPremium(NBP)andisthemostprofitablelifeinsurer,basedonValue of New Business (VNB) Margin. Established in 2000 as a joint venture between HDFC and StandardLifeAberdeen,thecompanyhasacomprehensiveproductportfolioof32individual and10groupproducts,includingarangeofprotectionandsavingsproductstoaddressthe insurance needs of diverse customer segments. In terms of distribution strength, it has 66,372 individual agents (which comprise 6.8% of all private agents in the Indian life insurance industry) and has 125 banking tieups including HDFC Bank giving access to the...