Hdfc Child
vs
Hdfc Life

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Hdfc Child vs Hdfc Life

Hdfc Child

HDFC Child plan is one of the best ways to save earnings with regular investments for your child future to fulfill the requirements like higher education which can be costly.

Hdfc Life

HDFC Life is a joint venture between HDFC Ltd., India& 039;s leading housing finance institution, and Aberdeen PLC. It is present in around 980+ towns and cities in India.

COMPANY DETAILS Edit HDFC Child Plans

Hdfc Child

Edit HDFC Life Insurance

Hdfc Life

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

Rs 1 lakh to No limit

Annual Premiums Collected (2023-24)

962.83 Cr.
Payout Options

Payout Options

-

Payout Options

Lump sum, fixed payouts, or a combination of both
Claim ratio

Claim ratio

Minimum Age- 0 years%

Claim ratio

99.7%
Solvency Ratio

Solvency Ratio

70 years

Solvency Ratio

2
Branches

Branches

Annual, half-yearly,

Branches

372 branches
Riders Available

Riders Available

21 ninus child entry age

Riders Available

Income Benefit on Accidental Disability Rider, Critical Illness Plus Rider, Protect Plus Rider, Health Plus Rider
Policy Term

Policy Term

18 ninus child entry

Policy Term

10 to 40 years

Know More About Companies

Overview

HDFC Child Plans: Overview

HDFC Child plan is one of the best ways to save earnings with regular investments for your child's future to fulfill the requirements like higher education which can be costly. HDFC Child Plans offer financial protection features that ensure your child gets all the facilities in the future even in your absence.

HDFC Life offers a wide range of individual and group life insurance plans that cater to the different needs of customers. Such products include child plans, protection plans, pension plans, health, savings, and investment plans, among others. HDFC Life has come out with child plans that can assist you in planning the financial future of your child.

All insurance providers make it a point that their child's plans are unique and help parents make their child's future secure. The biggest contribution a parent can make to ensure the success of their child is to do proper financial planning for their child's future. HDFC Child plans like HDFC Youngstaar Udaan, HDFC Click2Wealth, and HDFC SL Youngstar are all dedicated child plans to help you safeguard your child's dreams and aspirations.

HDFC Child Plans ensures to look after your investment needs by offering:

why-choose
  • Smart Bonus

  • Death Benefits

  • Educational Support

  • Tax Benefits

Riders

Riders You Can Avail With HDFC Life Insurance Plans

Name of the Rider Benefits
HDFC Life Income Benefit on Accidental Disability Rider Offers additional income benefits in case of the policyholder’s demise due to an accident.
HDFC Life Critical Illness Plus Rider A lump sum amount is offered in case the policyholder is diagnosed with any of the 19 critical illnesses.
HDFC Life Protect Plus Rider Additional benefits are offered in case the policyholder is diagnosed with any of 19 critical illnesses or disability due to the accident.
HDFC Life Health Plus Rider A lump sum amount is offered in case the policyholder is diagnosed with any of 60 critical illnesses.

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Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.