HDFC Child Plan Review
HDFC Life Insurance provides the HDFC Child Plan to give a secure future for your Child. The Child Plan provides the much needed financial support to the Children for higher studies, marriage and extracurricular expenses during college/school. Every Parent wants their child future to be bright without any hurdles in the life. The HDFC Life Child Plan provides the financial support for your kids, which they are going to face in the coming years. The importance of this HDFC Child Plans is it provides the Full Sum Assured in the case of unfortunate death, and all the premiums are waived with Child Benefits. The Parent has to invest some money from the income to fulfill the dreams of the Children. The Life Assured have to select the best HDFC Children Plan, which meets the requirements of your child. The HDFC Child Plan is the best Children plan provided by HDFC Life Insurance.
The Various HDFC Child Plans offered by HDFC Life are HDFC SL YoungStar Super Premium, HDFC Life YoungStar Udaan. The Life Assured can select any of the HDFC Life Insurance Child Plan according to the requirement. During the Policy term of HDFC Life Child Plans, if the Life Assured dies the Nominee will receive the basic sum assured. The Life Insured have to select the best Child plan HDFC as early as possible to fulfill the requirements of the child. The Premium of HDFC Child Insurance Plan can be made using the HDFC Life Online Payment. The Features and Benefits of HDFC Child Plan are available below.
HDFC Life Child Plan Features and Benefits
HDFC Life Insurance Company Limited offers the best policies with a broad range of advantages for you and your Family. There are two types of HDFC Child Plans offered by Max Life Insurance. For all these HDFC Life Child Plan there are different Features and Benefits. Keeping in the view of customer needs HDFC Child Plan provides customized features. You can see the Benefits and Features that are mentioned below.
HDFC Child Plans Features
- The Insured will get the Sum assured at maturity along with bonuses if any mentioned in the HDFC Child Plan Policy.
- The HDFC Child Plans helps you to fulfill your financial commitment towards your child.
- The Plan is offered with Short Medical Questionnaire based underwriting.
- Flexibility to choose the Premium Payment and policy term.
HDFC Children Plan Benefits
- Maturity benefit: The Policyholder can get maturity sum assured accrued on Death + Accrued Reversionary Bonuses + Terminal Bonus, if any, immediately on death.
- Death Benefit: In the case of death of the policyholder, the Death Benefit is provided to the beneficiary as per the payment preference.
- Tax Benefits: Tax Benefits are offered in this HDFC Child Plan as per the Section 80D and Section 10(10D) of the Income Tax Act. For information bout Tax on Insurance Policies, refer www.taxqueries.in.
HDFC Child Insurance Plan Details
HDFC Life Insurance Company Limited provides the best Child Plan. The HDFC Child plans offered by HDFC Life have attractive features and benefits. You can see the list of HDFC Child Plan available below.
- HDFC SL YoungStar Super Premium.
- HDFC Life YoungStar Udaan.
The Insured will be covered with extra benefits as per the plan opted. For more details about HDFC Life Child Plan, refer the below section.
Overview of HDFC Life Child Plans
HDFC Children plan are available here with benefits and features. Let us take a look at the Overview of HDFC Life Child Plans.
HDFC SL YoungStar Super Premium is a Unit Linked Insurance Plan which offers Flexibility to choose 4 fund options. The Investment Funds can be managed by switching across fund options or re-directing future premiums into a different fund option. The Premium Payments can be made through multiple modes such as credit card, internet banking, cheque and auto debit facility. The Plan can be customized according to the requirement of your child. In case of unfortunate death of the Parent, the Sum Assured will be paid according to the Benefit Payment Preference such as Save Benefit, Save-n-Gain-Benefit. For More Information about HDFC SL YoungStar Super Premium, please refer the below link.
HDFC SL YoungStar Super Premium
HDFC Life YoungStar Udaan Plan provides 3 Maturity Benefits in which the Life Assured have to select the one which best suits them. The Policy Term can be chosen from 15 to 25 years as per the child future needs. At the time of Maturity, the Sum Assured with Bonus if any is payable. Tax Benefits are provided as per the Income Tax Act. The Survival Benefits are also provided in this HDFC Life YoungStar Udaan Plan. The Premium Payment Term can be chosen as 7 or 10 years or policy term minus 5 years. For Detailed information, please refer the below link.
HDFC Life YoungStar Udaan
HDFC Child Plan Related Documents and Posts
Here we are providing the related posts of HDFC Life Child Plan. Click the below links, if you want to know the details about the Online Payment, Recruitment, Renewal, Claim Forms, and Documents of HDFC Child Plan.