HDFC Standard life is a joint venture between Housing Development Finance Corporation Limited (HDFC Ltd) and one of the subsidiaries of Standard Life plc, leading providers of financial services in the United Kingdom. The company came into existence on 14th August 2000. It is one of the most trusted companies; and is known for its ease of access and for offering value services to its customers. Both Crisil and ICRA have honored it with AAA Ratings. Similarly Moody's and Standard and Poors have also honored it AAA ratings.
Its gross premium income, for the year ending March 31, 2007 stood at Rs. 2, 856 crores and new business premium income at Rs. 1,624 crores. The company has covered over 8,77,000 lives year ending March 31, 2007.