Project Inspire: 'Future Proofing' HDFC Life

30 30 Segment wise average term and age¹ Average Policy Term excluding annuity (Yrs) Q1FY24: 22.8 (Q1FY23: 23.2) Average Customer Age excluding annuity (Yrs) Q1FY24: 36.0 (Q1FY23: 35.5) UL 12 13 37 UL 12 37 35 34 Par Par 37 33 Non-par Health 19 25 Non-par Health 32 34 13 38 Non-par Savings Non-par Savings 13 37 Non-par Protection 36 34 32 14 Non-par Pension Non-par Protection Non-par Pension 34 14 48 56 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Focus on long term insurance solutions, reflected in terms of long policy tenure ■ Extensive product solutions catering customer needs across life cycles from young age to relatively older population 1. Based on individual new business policies (excluding annuity) HDFC Life

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