Lic Investment vs Hdfc Child

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Lic Investment vs Hdfc Child

Lic Investment

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.

COMPANY DETAILS Edit LIC Investment Plans

Lic Investment

Edit HDFC Child Plans

Hdfc Child

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

Annual Premiums Collected (2023-24)

000 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 - 5 year%

Claim ratio

Minimum Age- 0 years%
Solvency Ratio

Solvency Ratio

80 years

Solvency Ratio

70 years
Branches

Branches

Annual, half-yearly,

Branches

Annual, half-yearly,
Riders Available

Riders Available

Minimum term - 6 years Maximum term - 30 years

Riders Available

21 ninus child entry age
Policy Term

Policy Term

5 to 30 years

Policy Term

18 ninus child entry
Recommended Videos
6 Best LIC Plans to Invest

6 Best LIC Plans to Invest

Know More About Companies

Overview

LIC Investment Plans: Overview

The Life Insurance Corporation of India is the oldest player in the insurance sector of India. LIC has been serving the insurance needs of the entire country over a long period of time. Being the best player in the market, the corporation has seized most of the stocks and has maintained its reputation as the largest insurance company in India.

LIC Investment Plans are tailor-made as per the financial and investment needs of the customers such as education, health, life cover, marriage of children, retirement purposes, etc. These plans are designed in a way to ideally deal with the financial burden during emergencies and uncertainties of life.

LIC Investment Plans ensures to look after your investment needs by offering:

why-choose
  • Maturity benefits

  • Death benefits

  • Participation in profits

  • Additional riders to choose from

Riders

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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.