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What Apollo Astronauts Did For Life Insurance?

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May 16, 2018

An ordinary problem common to all is that who will take care of the family behind; if something happens to the bread earner of the family. A problem that subsists since the time, the astronauts first stepped on to The Moon. Neil Armstrong, the first to take the bold step of leaving behind his family, to go to The Moon also planned it well in advance. The market was not that expansive and advanced back then but there definitely existed a market for insurance.

Wondering what was this insurance market all about? It was not the one that we know currently however it, still, was full proof. Prior to the launch date of Apollo 11, Neil Armstrong along with the other members of the crew signed hundreds of covers. Covers were envelopes signed by them that were postmarked on significant dates. The motive behind was to sell them off, in future to accumulate funds for survival, in case, the astronauts did not return back from the moon.

This is the Life Insurance market in those olden times!!

HDFC Term Insurance Plans the right choice

What originated in the form of autographs has expanded into a huge indispensable insurance market today. Ever pondered who will remind you of the life risks and life cover for self and family as well. We will!! With HDFC Life's Term Insurance plans, one can expect financial stability in case of any mishap. It prepares you for the unforeseen at affordable rates offering full protection for you and your family behind and keeping intact their standard of living in your absence.

Every individual's need is different so tailor made plans are the best bet that give you the freedom to choose the best suited options for you. For instance, depending upon your income and need, you can take the decision to finalize the sum assured, premium payment term and so on. Furthermore, there are certain unique options available under different policies like you can avail top up option, life stage coverage and much more. You also get the benefit of future premiums waiver in case of Accidental Total Permanent Disability and/or on diagnosis of Critical Illness.

The need is not only for you or for me, it is for all. We all need coverage against the uncertainties namely death, disease and disability. Whatever the case be, you get one out of the many benefits i.e. death benefit or terminal illness benefit or accidental & total permanent disability benefit or perhaps critical illness benefit. Deciding to take insurance and stay assured of the financial protection against the contingencies is essential.

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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.

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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.

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