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Investor Presentaiton

Life Insurance: A preferred savings instrument Household savings composition Financial savings mix 25% 22% 18% 18% 3% 11% 8% 12% 16% 13% 19% 18% 21% 52% 26% 17% 68% 65% 65% 16% 48% 32% 35% 67% 56% 50% 47% 35% FY10 FY13 ■Financial savings FY16 ■Physical savings FY19 Household savings as % of GDP FY10 FY13 FY16 FY20 ■Currency & deposits Life insurance ■Provident/Pension fund ■Others Increasing preference towards financial savings with increasing financial literacy within the population Various government initiatives to promote financial inclusion: Implementation of JAM trinity Launch of affordable PMJJBY and PMSBY social insurance schemes Atal Pension Yojana promoting pension in unorganized sector 44 Source: DBIE-RBI Statistics, RBI Annual Report, Economic Survey, CSO, www.pmjdy.gov.in HDFC Life
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