HDFC Life Insurance Company Ltd is an Indian life insurance company. The company offers various individual and group insurance solutions across India. The portfolio consists of various insurance and investment products such as protection, pension, savings, investment, annuity and health. The company offers long-term savings, protection and retirement or annuity products. The company operates in three segments: Participating (Par) segment products include private equity funds, mutual protection of savings and retirement plans; non-par (Non Par) segment products include continued protection, joint savings protection, immediate and deferred annuity and health arrangements for personal business and credit insurance, continued life, fund-based pension arrangements, group variables in group business; the investment-linked (UL) product includes investment-linked life insurance and fund-based pension plans in individual and group companies. Life insurance company Exide is a subsidiary of the company.