Hdfc Child vs Sbi Child

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Hdfc Child vs Sbi Child

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.

Sbi Child

SBI child plan encourages you to arrange your finances in a manner so that your child& 039;s future dreams are never a burden on your pocket.

COMPANY DETAILS Edit HDFC Child Plans

Hdfc Child

Edit SBI Child Plans

Sbi Child

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)

Rs 1 lakh to No limit
Payout Options

Payout Options

-

Payout Options

-
Claim ratio

Claim ratio

Minimum Age- 0 years%

Claim ratio

Minimum Age- 0 years%
Solvency Ratio

Solvency Ratio

70 years

Solvency Ratio

70 years
Branches

Branches

Annual, half-yearly,

Branches

Annual, half-yearly,
Riders Available

Riders Available

21 ninus child entry age

Riders Available

21 ninus child entry age
Policy Term

Policy Term

18 ninus child entry

Policy Term

18 ninus child entry

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

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SBI child plan encourages you to arrange your finances in a manner so that your child& 039;s future dreams are never a burden on your pocket.

SBI Child Plan Plans

SBI Child Plan

Give your children more than your love... Give them a lifetime of Financial Security. SBI Life Smart Scholar is an Individual, Unit Linked, Non-partic...

Unique Features

  • Explore SBI Life Smart Scholar
  • Know its Features & Benefits
  • Check the Eligibility Criteria

SBI Smart Scholar (Pros)

SBI Smart Scholar

SBI Smart Scholar (Cons)

SBI Smart Scholar

SBI Smart Scholar (Other Benefits)

SBI Smart Scholar

SBI Smart Scholar (Eligibility Criteria)

SBI Smart Scholar

SBI Child Plan

SBI Life Smart Champ Insurance plan is a participating non-linked individual life insurance plan. The product has been developed to provide life cover...

Unique Features

  • One-time payment option is available
  • Offers Guaranteed Smart Benefits
  • Get Tax Benefits on premiums Renewal Option

SBI Smart Champ (Pros)

SBI Smart Champ
  • Death Benefits
  • Smart Benefits
  • Discounts

SBI Smart Champ (Cons)

SBI Smart Champ
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

SBI Smart Champ (Other Benefits)

SBI Smart Champ
  • Waiver of Due Premiums
  • Policy Loans
  • Rebates on Large Sum Assured

SBI Smart Champ (Eligibility Criteria)

SBI Smart Champ
  • Minimum entry age- 0 years
  • Maximum entry age- 13 years
  • Minimum sum assured- Rs 1
  • 00
  • 000
  • Maximum sum assured- 1 crore
  • Maximum policy term- 30 years
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.