What is the relationship between HDFC Life and Life Insurance in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

Life Insurance Corporation of India (LIC) has lowest rejection ratio (1.10%) in 2013-14 followed by private insurers like HDFC Life (4.70% rejection ratio) and ICICI Pru (4.98%).

Answer: product_or_material_produced