HDFC Standard Life Insurance Co Ltd, the life insurance joint venture, is planning to enter the pension sector in a big way with two new products and will also launch a savings oriented retail product in the next few months.
The company is also targeting a three times rise in no of policies being written and a Rs 85 crore premium income this year.
Its marketing head, Pankaj Seith, while addressing a press conference in the city today said that the company is banking heavily on pension products and would start with two new pension plans in a big way.
Although Seith declined to divulge the details of the products, he said,
