RESUME APPLICATION PAY PREMIUM
Fund Performance

Fund Performance

Knowledge Center

Knowledge Center

About Us

About Us

Tools and Calculators

Tools & Calculators

Quick links

Mobile (Download app)
  • Webpages
  • Documents
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment

For NRI Customers

(To Buy a Policy)

(If you're our existing customer)

For Online Policy Purchase

(New and Ongoing Applications)

Branch Locator

For Existing Customers

(Issued Policy)

Fund Performance Check

RESUME APPLICATION PAY PREMIUM

What do you want to do?

Quick links

Mobile (Download app)

Download HDFC Life App

Buy plans, track your policy, make renewal payments & monitor fund performance with HDFC Life App, Download Now!

Apple Logo Go to Google Play Store

Child Insurance - Ensure that Your Kid Doesn’t Lag Behind

down-arrow
October 12, 2018
Career choices in today's world are no longer limited to a few options. As human perspective on education and career options continues to widen, the choice of profession is no longer defined by employability and earnest money. Education in this part of the globe has long been confined by archaic limitations and our education system has long been in revamped multiple times. With the growing role of technology and the need for competing in the digital world, the importance of skill in education has become clear. So far the curriculum in schools and colleges was exclusively meant for mere examinations and seeking employment. However, the policy makers in recent times have understood the fact that for nation-building, we require job-creators and not job-seekers. Entrepreneurs are the backbone of any developed economy and the career options have to be in line with the spirit of entrepreneurship. This idea of self-sufficiency and independent earning has given rise to a number of unconventional and yet regarding career options. Career choices like life coaching, motivational speaking, spa management, content writing etc. and even going into the domain of acting or sports as a full time career, are breaking the routine of a 9 to 5 life. Today, the young people are successfully entering new domains and pursuing their passion as their profession. This trend is set to continue and the young people are sure to explore more than just engineering or a medical degree and a routine job.

Here is where unconventional career choices and the need of taking calculated risks comes in. The topmost achievers in different fields are known to have taken a different path from the rest of the crowd. Be it the field of sports or politics or technology or even art, unconventional choices have shaped the minds of young talents to a large extent.

Therefore, it is important that any latent talent in a child is explored and the dreams of your kids are given wings. However, this is easier said than done. The cost of living is increasing and this has been the case for the general higher education also. For pursuing any different hobby or an unconventional career option, sufficient financial assets are required. As parents, you always want the best for you child and are always willing to provide the best of facilities to nurture your child's talent. This requires financial discipline and farsighted decisions on your part. The right kind of investments and consolidation of capital gains is very important for achieving this. Merely relying on monthly savings is not enough.

Time is of critical importance here and the longer you wait, more time of investment term is wasted. The costing factor is increasing with each passing day and the earlier you start to invest in your child's dream, the better it is. Before taking up any such child investment plan, you must study the features carefully and from the viewpoint of how it will benefit your child.

HDFC Life offers HDFC Life YoungStar Udaan Child plan, a plan that is ideal for parents who wish to nurture the dreams and talents of their children. For further details, click on HDFC Life Youngster Udan Plan

Related Articles

View Child Plans

Plan your child's future
Show Full Article
Hide Full Article

Term Plan Articles Term Plan Articles

Investment Articles Investment Articles

Savings Articles Savings Articles

Life Insurance Articles Life Insurance Articles

Tax Articles Tax Articles

Retirement Articles Retirement Articles

ULIP Articles ULIP Articles

Health Plans Articles Health Plans Articles

Child Plans Articles Child Plans Articles

Popular Calculators Popular Calculators

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.

LinkedIn profile
Author Profile Written By:
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.

LinkedIn profile
Reviewed By Reviewed By:

Here's all you should know about life insurance.

We help you to make informed insurance decisions for a lifetime.

Why Is Insurance Necessary?

Why Is Insurance Necessary?

Learn the essentials of what is insurance, its types, benefits, and how it protects your finances. Get insights into life and general insurance policies today.

How to Take a Loan Against Life Insurance Policy?

Who is the Insurer and Insured?

Blue Chip Fund

"Blue chip fund invests in stocks / shares of well-established companies with credible financial performance, market capitalization & steady payout of dividends."

Blue Chip Fund
How can CIBIL affect your higher education loan eligibility? Previous
Financial Planning: Managing Finances Post Divorce Next
HDFC life
HDFC life

HDFC Life

Reviewed by Life Insurance Experts

HDFC LIFE IS A TRUSTED LIFE INSURANCE PARTNER

We at HDFC Life are committed to offer innovative products and services that enable individuals live a ‘Life of Pride’. For over two decades we have been providing life insurance plans - protection, pension, savings, investment, annuity and health.

Popular Search

Popular Searches