Secure your child’s future with HDFC Life YoungStar Udaan plan

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Insurance FAQ: Secure your child’s future with HDFC Life YoungStar Udaan plan

New Delhi: While you may have placed your hard-earned money in several good investment schemes or plans, a safe and sound financial journey would be incomplete without purchasing an insurance policy. The need for a term insurance has found an even greater importance during the Covid pandemic.

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While we may control our past, the future is completely unpredictable. So, it is important to ensure that your family and children have a financially secure and protected future. It would be great to gift your kids an insurance. Here’s where HDFC Life YoungStar Udaan comes into play.
YoungStar Udaan by HDFC Life is a non-linked participating life insurance plan with customisable money back plan for your child’s various life goals. It helps to save for expenses like a child’s education or marriage expenses.
HDFC Life YoungStar Udaan Child Plan benefits:

Financial security

Along with maturity and death benefit, policy loans and guaranteed additions give you the assurance that your child’s future is safeguarded.

Death benefit
Death benefit

Pays out at different stages of life

In case of the tragic death of the parent, the child’s future will be safe and secure as with the 3 maturity benefits, the kid’s growing needs will be catered for.

Maturity benefits
Maturity benefits

Affordable option

A parent can ensure lifetime security of their children at an affordable price. By paying premiums for a limited tenure, they can enjoy comprehensive coverage throughout the term of the policy.

Plan options:

You can choose from 3 options based on the financial goals of your child:

1- Aspiration Option

It gives the support to provide for the larger responsibilities of life. In this, a lumpsum is paid at maturity (Endowment).

2- Academia Option

A planned and correctly timed investment for your child’s education need. In this, the payouts are offered in the last 5 years before maturity (Moneyback).

3- Career Option

This option gives an added advantage to kick start your child’s career. In this, the payouts are offered in the last 5 years before maturity (Moneyback).



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