Child Life Insurance Plans Offered By HDFC Life Insurance
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A child insurance plan is an advantageous insurance plan that not only helps you effectively plan for your child's future. It provides several benefits that are crucial to funding your child's dream. With rising costs of education, lifestyle and more, it is crucial that you save up enough for your children. HDFC Life Insurance is a reliable company that has been providing robust insurance solutions for years.
Child Life Insurance Plans Offered By HDFC Life Insurance
HDFC Life Insurance has multiple child insurance plans that help furnish the needs of all policyholders. Take a look at the various child insurance plans and what they have to offer to help make a better choice pertaining to your needs.
Child Insurance Plan |
Maximum Entry Age |
|
HDFC Life YoungStar Udaan |
60 years (for Classic Option) 55 years (for Classic Waiver option) |
|
HDFC Click 2 Invest |
65 years |
|
HDFC Click 2 Wealth |
60 years (Invest Plus option) 75 years (Premium Waiver option) 60 years (Golden Years Benefit option) |
|
HDFC Life SL YoungStar Super Premium |
65 years (Life Option) 55 years (Life & Health Option) |
HDFC Life YoungStar Udaan
The HDFC Life YoungStar Udaan is a participating endowment and moneyback plan that comes with a Classic and Classic Waiver option. There are three maturity options that are given out with this plan, and they provide for some crucial milestones in your child’s life. The maximum policy term for the child under this plan is 25 years.
HDFC Click 2 Invest
The HDFC Click 2 Invest is a ULIP. Not only do you have insurance protection with this plan, but your investment also brings you substantial returns. There are eleven fund options that you can choose to invest your earnings in. There is also no liquidity option in the first five years of this plan.
HDFC Click 2 Wealth
This plan lets policyholders gather a sufficient corpus to financially support their children in the future. It has three plan options and eight fund options that provide incredible flexibility to the policyholder. It helps your child continue with the plan even in your absence with the help of the waiver facilities.
HDFC Life SL YoungStar Super Premium
This is another ULIP that lets the policyholder create financial stability for their child through an investment corpus. It is an affordable option that helps one build up their finances over time. The plan also offers higher returns if the plan is continued for longer.
Conclusion
It is important to pay attention to your child’s financial stability. A good child plan will help them get a stable footing when they venture out into the world. It will also make sure they are protected even in your absence. HDFC Life Insurance provides the above-mentioned options and many more so that one can choose with ease.
Also read
List Of Child Plans Available In India
How To Compare Child Life Insurance Plans Online?
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.
