HDFC Life, one of India’s leading insurers, and Peerless Financial Products Distribution Ltd (PFPDL) have entered into a corporate agency tie-up.

Banking & Finance

HDFC Life, one of India’s leading insurers, and Peerless Financial Products Distribution Ltd (PFPDL) have entered into a corporate agency tie-up. This partnership would enable PFPDL to distribute life insurance products of HDFC Life to its customers. Through this tie-up, PFPDL would offer financial protection to its customers. The Company provides both digital and physical platforms to customers thereby enabling them to choose their preferred mode of service.


      PFPDL is a subsidiary of the Peerless General Finance & Investment Co. Ltd (PGFI), one of India’s oldest and biggest NBFCs in East India.

      PFPDL has 40 branches with a broad customer base across 42 locations.

      In FY 2024, HDFC Life has secured more than 66 million lives with an overall claim settlement ratio of 99.7%.

 

     


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