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

Secure Your Child's Future with HDFC Life YoungStar Udaan Plan

down-arrow
Secure Your Child's Future with HDFC Life YoungStar Udaan Plan
November 05, 2023

William Wordsworth once famously expressed - "Child is the father of man".

This expression gives a frame to the hopes and dreams of a better tomorrow and the real duties of parenting, which safeguard that frame. We live in times where the rising cost of living and the struggle to achieve financial stability take up most of our time.   Careful planning of finances, income and expenditure and the efforts to protect the investments generally involve a detailed approach and more so, when it comes to saving for our children.

Speaking of saving for the child, the importance of adopting a futuristic mindset and projecting a detailed plan in accordance with that is very important. After all, your child's career and empowerment of her/his dreams are your priority. Consider this example - the cost of professional courses is increasing and at the time of admission, what most parents do is that they take out an education loan. However, had they been investing in a child-education plan,  the policy would've even matured by the time of admission.

Getting your finances insured is one big step. However, merely taking out a general cover doesn't let the matter rest. What is actually needed is a child-specific plans. In fact, specific insurance cover plans are trending these days as the benfits that they provide are subject centric and far more extensive than the general plans. Moreover, these plans even come to your aid in case your child wishes to pursue a particular talent-domain that may require immediate funding.

A specific child plan is a participating endowment plan that offers double benefit of saving and protection. Besides, the added feature is that in the event of premature death, child insurance plan offers lumpsum payment but the policy does not end. There is a waiver of future premiums and the company continues to invest on behalf of the policy holder.

Planning for any type of specific outcome from the investments is always better and it is with this in perspective, that HDFC Life has come up with YoungStar Udaan plan - an innovative plan that ensures financial security and offers pointers like general academic expenses prior to college, specific goals like college fee or marriage and also covers miscellaneous expenditure as part of extra-curricular expenditure.

HDFC Life Youngstar Udaan is a flexible policy and  gives three maturity benefit options to choose from, depending on your convenience/choice.

Read further details on the mentioned link:

Related Articles:

Show Full Article
Hide Full Article

Buy Child Insurance Plan

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.

Building a Financial Safety Net for Your Child, this Children’s Day.

Building a Financial Safety Net for Your Child, this Children’s Day.

Discover essential financial strategies for building a financial safety net for your child this Children’s Day. Secure their future with smart investments planning.

How to use an online savings plan to secure your child's education fund?

Questions to ask before buying a child plan

5 Tips for Building Your Childs Overseas Education Corpus

Empower your child's dreams of studying abroad. Discover expert tour top 5 tips for building a solid overseas education corpus. Secure their future now!

5 Tips for Building Your Childs Overseas Education Corpus
How to Choose the Right Child Plan Previous
How to choose the Best Child Education Plan? 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