Question 1

What is the minimum and maximum coverage for term insurance?

Accepted Answer

The coverage for term insurance typically ranges from ₹5 lakh to ₹10 crore, depending on your financial needs and the insurer’s policy.

Question 2

Can I switch to another life insurance plan after purchasing a term insurance policy?

Accepted Answer

Yes, you can switch your policy or convert your term insurance into a permanent life insurance policy if the insurer allows, subject to the terms and conditions.

Question 3

How is the life insurance premium calculated?

Accepted Answer

The premium is determined based on factors like age, health, coverage amount, term length, and lifestyle habits (smoking, alcohol use).

Question 4

What is the difference between term insurance and whole life insurance?

Accepted Answer

Term insurance provides coverage for a fixed term, while whole life insurance offers lifelong coverage with a savings component. Whole life insurance is more expensive than term insurance.

Question 5

Does term insurance cover accidental death?

Accepted Answer

Yes, many term insurance policies include accidental death coverage, ensuring your family gets a higher benefit if death occurs due to an accident.

Question 6

How does a life insurance policy help with retirement planning?

Accepted Answer

Life insurance policies, like retirement plans, help accumulate funds for retirement. These plans provide regular income after retirement, ensuring a steady flow of money when you stop working.

Question 7

Can I cancel my policy after purchase?

Accepted Answer

Yes, life insurance policies can be canceled during the free-look period, typically 15 days from the date of purchase, with a full refund of premiums.

Question 8

Are riders available with term insurance plans?

Accepted Answer

Yes, riders such as critical illness, accidental death, or disability coverage can be added to term insurance plans for an additional premium.

Question 9

How do I select the right beneficiary for my policy?

Accepted Answer

Choose a beneficiary based on trust and their need for financial support. It can be your spouse, children, or any dependent family member.

Question 10

What types of life insurance policies are available?

Accepted Answer

The main types of life insurance are term insurance, whole life insurance, ULIPs, retirement plans, child plans, and savings and investment plans. Each offers different benefits tailored to specific financial goals.

Question 11

Is life insurance premium tax-deductible?

Accepted Answer

Yes, under Section 80C of the Income Tax Act, life insurance premiums are eligible for tax deductions of up to ₹1.5 lakh annually. Additional deductions are available under Section 80D for health riders.

Question 12

How do I calculate the sum assured under life insurance?

Accepted Answer

The sum assured should cover outstanding debts, future expenses like education, and living costs. Use an online life insurance calculator to estimate the required coverage based on your financial goals.

Question 13

How can I file a life insurance claim?

Accepted Answer

To file a claim, submit the death certificate, policy documents, and other required forms to the insurer. The insurance company will process the claim and pay the sum assured to the nominee.

Question 14

What happens if I miss a premium payment?

Accepted Answer

If you miss a premium payment, your policy might lapse. However, most insurers offer a grace period for payment. You can also opt for a revival option to reinstate your policy.

Question 15

Can I increase my coverage amount during the policy term?

Accepted Answer

Yes, many insurers offer the option to increase the coverage amount during the policy term, especially if there’s a significant life event, like marriage or the birth of a child.

Question 16

What is the address of HDFC Life in Dabwali Road, Sirsa?

Accepted Answer

HDFC Life Dabwali Road, Sirsa is located at the following address: 1st Floor, Sanjay Edifice, Suraj Cinema Complex Dabwali Road Sirsa-125055.

Question 17

How do I choose the right term insurance policy?

Accepted Answer

Choose a term insurance policy by considering your family’s financial needs, existing liabilities, age, and income. Ensure the sum assured is sufficient to cover debts and future expenses.

Question 18

Who needs life insurance the most?

Accepted Answer

Life insurance is essential for individuals with dependents, loans, or people who want to ensure a stable future for their family in the event of their untimely death.

Question 19

What are the benefits of term insurance?

Accepted Answer

Term insurance offers affordable premiums, high coverage, and financial protection in case of death. It helps cover your family’s living expenses, future education, and outstanding debts, offering them a financial safety net.

Question 20

Why should I buy life insurance?

Accepted Answer

Life insurance ensures your family’s financial security by covering debts, maintaining their lifestyle, and funding future needs, like children's education. It provides peace of mind knowing your loved ones will be financially protected after your death.

Question 21

Why should I buy life insurance?

Accepted Answer

Life insurance ensures your family’s financial security by covering debts, maintaining their lifestyle, and funding future needs, like children's education. It provides peace of mind knowing your loved ones will be financially protected after your death.

Question 22

Why should I buy life insurance?

Accepted Answer

Life insurance ensures your family’s financial security by covering debts, maintaining their lifestyle, and funding future needs, like children's education. It provides peace of mind knowing your loved ones will be financially protected after your death.

Question 23

What is term insurance, and how does it work?

Accepted Answer

Term insurance is a life insurance policy that provides financial protection for a specific term. If the insured person passes away during the policy term, the nominee receives the death benefit. It's the most affordable option to secure family financial stability.

Question 24

In how many days will the policy be issued post-purchase?

Accepted Answer

On successful payment and fulillment of all required documents and medical report (if applicable), your policy will be underwritten by us. Our endeavour will be to share a decision with you within 2 working days of submission of all necessary inputs (premium payment, application form, documentation, medical reports or information as required).

Question 25

Why should I purchase policy online?

Accepted Answer

Fast And Convenient : Quick and easy steps towards a protected and prosperous future.
Minimum Paperwork : Policy issued with minimum paperwork.
Economical : Buying a term insurance policy online is cost effective compared to other modes.
Real Time Tracking : You can track the application status through customer portal.

Question 26

How can I contact the HDFC Life Dabwali Road, Sirsa branch?

Accepted Answer

HDFC Life Dabwali Road, Sirsa can be contacted at +912268446530. Alternatively, existing policy holders may reach out to our customer care at 1860-267-9999.

Question 27

What are the parking options available at HDFC Life Dabwali Road, Sirsa?

Accepted Answer

The parking options available at HDFC Life Dabwali Road, Sirsa are Off-site parking nearby, Street parking.

Question 28

What are the payment options available at HDFC Life Dabwali Road, Sirsa?

Accepted Answer

The payment options available at HDFC Life Dabwali Road, Sirsa are Credit Card, Debit Card, EMI, Internet Banking.

Question 29

What are the business hours of HDFC Life Dabwali Road, Sirsa?

Accepted Answer

HDFC Life Dabwali Road, Sirsa working hours are Monday (09:30 AM-03:30 PM),Tuesday (09:30 AM-03:30 PM),Wednesday (09:30 AM-03:30 PM),Thursday (09:30 AM-03:30 PM),Friday (09:30 AM-03:30 PM),Saturday (09:30 AM-01:00 PM).

Question 30

HDFC LIFE Sirsa Dabwali Road Branch

HDFC Life

Store Ratings

Request Free Financial Consultation

Write to us with your Query and we shall get back

Our Top Selling online Insurance Solutions

HDFC Life Click 2 Protect Super Plan

Get ₹1 Cr life cover at ₹26 per day. *T&C apply

HDFC Life Sampoorn Nivesh Plan

Choose from 10 Funds to optimize your investment returns !

HDFC Life Click 2 Achieve Plan

Industry first Life Insurance policy that gives upto 200% Return Of Premium.

HDFC Life Click2 Wealth Plan

Grow your investments while your family stays secure.

HDFC Life Click 2 Retire Plan

Start your Retirement Plan at as low as ₹2000 per month.

HDFC Life Sanchay Plus Plan

A saving plan that safeguards your family's future.

About HDFC Life

SUPERBRAND FOR THE 9TH TIME

6.6 crore In FY 22-23

We have honoured 99.5% Individual Claims!

498 Accross in India

Individual Claims Processed within 24 business hours

Video

New App Launched

Blogs

NPS- Swavalamban Pension Yojana

Difference between Demand Deposit and Time Deposit

Gold Savings Scheme

How to Double Your Money: A Comprehensive Guide

Investment Strategy

Moderate Risk Investment in India

Wealth Creation Plans

What is the FIRE Method and How Does it Work?

What is a Nominee in Life Insurance?

Difference - Child Insurance and Child Education Plan

Social Timeline

Business Hours

Discover More With Us

Ratings & Reviews

Other Branches of HDFC Life

Parking Options

Get Direction To HDFC Life

Payment Methods

Categories

Nearby Locality

Tags

Discover more with us

6.6 crore
In FY 22-23

We have honoured
99.5% Individual Claims!

498
Accross in India

Individual Claims
Processed within 24 business hours