• Webpages
  • Documents
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment

For NRI Customers

(To Buy a Policy)

(If you're our existing customer)

For Online Policy Purchase

(New and Ongoing Applications)

Branch Locator

For Existing Customers

(Issued Policy)

Fund Performance Check

How do I secure my family's future?

November 23, 2016

In India, the breadwinner’s affiliation towards his family’s future is very strong with even the most ambitious of professionals placing the family’s well-being and financial security above everything else.

To someone who spends the better part of his day working to provide comfort and luxuries to his family, financial security might seem redundant as he is already providing for the family’s finances.

The question that needs answering is whether the family has the financial resources to maintain the current standard of living if something happens to the breadwinner?

Not surprisingly, they aren’t confident that their family members will have the same lifestyle tomorrow when they are gone and the family’s finances dry up.

So how does the individual plan for the family's future in his absence?

Life insurance is a convenient way to provide for the family’s financial security, especially if they are 100% dependent on one person for finances. No matter how old the individual or advanced in his career and profession, life insurance can help him and his family, achieve financial security.

There are two primary ways through which life insurance can provide for the family in the breadwinner’s absence:

  • Protection plans or term plans

    Term plan is the cheapest way to insulate the family from a financial shock in case of an eventuality to the family's provider.

  • Endowment plans

    The endowment plan is an investment plan that helps build savings over the long-term which can double up as an emergency fund for the family in the provider's absence.

    Not just the family as a unit, life insurance has something for every member and can help plan for just about every milestone and eventuality.

    There are child insurance plans for the child's education and marriage. woman insurance plans for the wife or daughter. investment plans that help build a corpus for a house or a car. Health insurance policies for cover on contracting a debilitating illness or disease and pension plans to generate post-retirement income.

Given the critical nature of the product and its multi-dimensional applications, it is not a question of 'if', but 'how much' life insurance you should be taking to secure the family's future.

Similar Articles


Francis Rodrigues Francis Rodrigues

Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

LinkedIn profile

Author Profile Written By:
Vishal Subharwal Vishal Subharwal

Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.

LinkedIn profile

Reviewed By Reviewed By:
HDFC life
HDFC life


Reviewed by Life Insurance Experts


We at HDFC Life are committed to offer innovative products and services that enable individuals live a ‘Life of Pride’. For over two decades we have been providing life insurance plans - protection, pension, savings, investment, annuity and health.