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18.1 FAQs-HDFC Life Group Credit Insurance
8. Can a customer enrol for insurance cover during the mid of the loan term
for the outstanding balance amount?
Yes. This product can be offered to the customer.
9. What is the benefit of nomination?
Having nominee is very important. Also, it is very important to have nominee as per
IRDA norms.
10. Can the customer get Income Tax benefit for payment of one time
premium?
Yes. The customer can get benefit under Section 80 C. of the Income Tax Act 1961.
In case of any other queries regarding HDFC Life Group Credit
Insurance , you can ask customers to contact:
- Tollfree number : 1860 267 9999
- Email ID : service@hdfclife.com
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