Rashtra NewsRashtra News
  • National
  • Business
  • Education
  • Entertainment
  • Finance
  • Insurance
  • Jobs
  • Sports
  • Stock Market
  • Technology
Notification Show More
Font ResizerAa
Rashtra NewsRashtra News
Font ResizerAa
  • National
  • Rashtra News Hindi
Search
  • National
  • Business
  • Education
  • Entertainment
  • Finance
  • Insurance
  • Jobs
  • Sports
  • Stock Market
  • Technology
Follow US
Rashtra News > Latest News > Press Release > This World Cup Season, Rishabh Pant and HDFC Life Advocate the Importance of Term Insurance and Savings
Press Release

This World Cup Season, Rishabh Pant and HDFC Life Advocate the Importance of Term Insurance and Savings

Rashtra News
Last updated: November 3, 2023 12:33 pm
Rashtra News
Share
6 Min Read
This World Cup Season, Rishabh Pant and HDFC Life Advocate the Importance of Term Insurance and Savings
SHARE


HDFC Life, one of India’s leading life insurers, has launched a campaign featuring renowned cricketer Rishabh Pant to drive awareness on the need for regular savings and owning a Term insurance plan to accomplish one’s aspirations.
 








Vishal Subharwal – Chief Marketing Officer and Group Head Strategy – HDFC Life
 


In the campaign, (click to watch) Rishabh shares insights from his younger days where his discipline and hard work helped him achieve his dream of becoming an accomplished cricketer. For instance, he would travel six hours every day from Roorkee to New Delhi to practice cricket – one of the many steps he took to reach his goals.
 


The campaign idea is based on the findings of a survey conducted by HDFC Life. Key highlights of the findings are as follows:




Indians across smaller cities are predominantly ‘savers’, with 58% saving regularly and 27% saving occasionally



The top five reasons to save money are child’s education (46%), child’s marriage (31%), supporting ageing parents (29%), large upcoming expenses (26%), and medical emergencies or create corpus to invest later (25%)



Amongst life insurance policy holders, savings plans saw a preference over other plan options
​


Based on these insights, HDFC Life aims to nudge consumers on the importance of disciplined savings and have the protection of term insurance to achieve their dreams.
 


Rishabh Pant, taking a leaf out of his personal story of survival, reinforces the importance of financially protecting the lives of loved ones against any uncertainty.
 


Speaking on the campaign, Vishal Subharwal – Chief Marketing Officer and Group Head Strategy – HDFC Life, commented, “Savings & Term insurance are at the very core of financial well-being of every individual. We are pleased that Rishabh Pant, a talented cricketer and role model for many, has aptly highlighted the need to financially protect one’s future. We see so many people around us suffer in the event of loss of the breadwinner or sudden reversals in fortunes due to various reasons including lack of savings and inadequate life insurance. A family’s financial situation could also be adversely impacted due to events that alter one’s earning ability. Hence financial planning is critical. The penetration of life insurance in India is still in low single digits which necessitates the need for greater awareness on life insurance. We sincerely hope that this campaign will enable us to reach out to a larger audience and encourage more individuals to keep their families’ dreams intact.”
 


Encouraged by the heartening response to HDFC Life’s previously launched Term campaign; the Company is also doing a re-run for the same across media along with this new focus on savings (Click to watch).
 


The campaign can be viewed on television with presence on the ICC World Cup, News, GEC, along with digital, social media and print.
 


About HDFC Life


Established in 2000, HDFC Life Insurance Company Limited (‘HDFC Life’/ ‘Company’) is a leading, listed, long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings, Investment, Annuity, and Health. The Company has more than 60 products (including individual and group products) and optional riders in its portfolio, catering to a diverse range of customer needs.
 


HDFC Life was promoted by erstwhile Housing Development Finance Corporation Limited (HDFC Ltd.), and Abrdn (Mauritius Holdings) 2006 Limited (formerly Standard Life (Mauritius Holdings) 2006 Limited), a global investment company. Consequent to implementation of the Scheme of Amalgamation of HDFC Ltd. with HDFC Bank, India’s leading private sector bank (“Bank”), the Bank has become promoter of the Company, in place of HDFC Ltd, effective from July 1, 2023. The name/letter ‘HDFC’ in the name/logo of HDFC Life Insurance Company Limited (HDFC Life) belongs to HDFC Bank Limited.
 


HDFC Life has a nation-wide presence with its own branches and additional distribution touch-points through several tie-ups and partnerships. The count of distribution partnerships is over 300, comprising banks, NBFCs, MFIs, SFBs, brokers, and new ecosystem partners amongst others. The Company has a strong base of financial consultants.
 


For more information, please visit www.hdfclife.com.You may also connect with us on Facebook, Twitter, YouTube, and LinkedIn.

Related

TAGGED: Advocate, Cup, HDFC, HDFC Life, importance, insurance, leading life insurers, Life, Life Insurance Company Limited, Pant, Rishabh, rishabh pant, savings, Season, Term, Vishal Subharwal, World, world cup
Share This Article
Facebook Twitter Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Surprise0
Joy0
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You Might Also Like

A Comprehensive Guide to Transportation, Logistics, and Relocation Services Across Cities
Press Release

A Comprehensive Guide to Transportation, Logistics, and Relocation Services Across Cities

2 months ago
Natural Health to Gain Momentum in the Gulf
Press Release

Natural Health to Gain Momentum in the Gulf

1 year ago
Hexaware and Novelty Group Forge Transformative Joint Venture
Press Release

Hexaware and Novelty Group Forge Transformative Joint Venture

1 year ago
Knock on Wood Expands its Reach in Dubai’s Flourishing Residential Real Estate with Exquisite Turnkey Projects
IndiaPress Release

Knock on Wood Expands its Reach in Dubai’s Flourishing Residential Real Estate with Exquisite Turnkey Projects

1 year ago

About RashtraNews.com

We're your comprehensive news source, covering a wide range of topics to empower you in all aspects of life. From navigating the world of finance (market trends, personal tips, loans, mortgages, credit) and legal matters (attorneys, lawyers), to staying ahead of the curve in technology (advancements, automobiles, business news) and education (careers, job opportunities, classes), RashtraNews.com keeps you informed.

Latest Updates

  • A Comprehensive Guide to Transportation, Logistics, and Relocation Services Across Cities
  • Global Markets in Turmoil Amid Rising Inflation and Escalating Trade Tensions
  • California Ballot Initiative Seeks to Prevent Unjust Health Insurance Denials
  • Millions of Travelers Risk Losing Insurance Coverage Over Simple Mistakes
  • Severe Thunderstorm Warnings Sweep Across USA: Tornado Threat Looms Over Oklahoma
  • ChatGPT Ghibli Art Generator: Create Studio Ghibli-Style Art with AI [2025]
  • Nida Rides India to Global Glory, 22-year to Become First Indian Lady to Compete at FEI Endurance World Championship for Seniors, Monpazier, France

Helpful Link

  • Automobile77
  • Business4,343
  • Crime129
  • Education4,542
  • Entertainment58
  • Finance5
  • India9,623
  • Insurance3
  • Legal News5
  • Lifestyle21
  • Media News79
  • Medical Education1
  • Politics4,340
  • Press Release5,319
  • Software100
  • Sports3,095
  • Stock Market2
  • Technology3,180
  • Top Stories7
  • World2,907

Contact Us

To send your suggestions to "Rashtra News", email: [email protected]

To send articles, news, or your opinions: [email protected]
For Business and other enquiries: [email protected]

If you‘ find any violation of the editorial code of conduct or have any other complaint about the content or video content published on "Rashtra News"’, you can send your complaint to our Grievance Officer by clicking on the Grievance Redressal link.

Follow US
©2011-2024 rashtranews.com
  • About Rashtra News
  • Ownership & funding
  • Corrections Policy
  • Fact Checking Policy
  • Privacy Policy
  • Terms of Use
  • Subscribe Now
  • Become a Author
  • Partnership With Us
Go to mobile version
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?