HDFC SL YoungStar Super Premium

HDFC SL YoungStar Super Premium

Children insurance plans help build savings so that over time there is enough to finance your child’s education, marriage, house or car. HDFC SL YoungStar Super Premium, a unit-linked insurance plan (ULIP) designed to accumulate savings for your child's future, even in your absence.

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Every parent naturally wants the best for his or her child in every sphere, particularly education. Best-in-class education is no longer a luxury; it’s a must-have for anyone who wants to excel in his or her career. But that is easier said than done, given the escalating cost of education at premier institutes coupled with increasing competition. Fortunately for you, help is at hand. Children insurance plans help build savings so that over time there is enough to finance your child’s education, marriage, house or car.

 

  • Flexibility to choose from 4 funds to suit your risk appetite:
    1. Income Fund: Higher potential returns due to higher duration and credit exposure.
    2. Balanced Fund: Dynamic equity exposure to enhance the returns while the debt allocation reduces the volatility.
    3. Blue chip Fund: Investments in large cap equities.
    4. Opportunities Fund: Investments in mid-cap equities.
  • Flexibility to select premium amount – no ceiling on maximum premium
    1. Flexibility to select tenure of 10, 15 - 20 years
      1. Flexibility to select the Sum Assured

        Buy HDFC SL YoungStar Super Premium Online

        • Save Benefit - In case of unfortunate death of the parent or a critical illness  
          1. Sum Assured is paid to the beneficiary (child)
          2. No need to pay any further premiums as we will pay 100% of the future premiums
          3. On maturity, fund value is again paid to the beneficiary
        • Save-n-Gain Benefit - In case of unfortunate death of the parent or a critical illness
          1. Sum Assured is paid to the beneficiary (child)
          2. No need to pay further premiums as we will pay 50% of the future premiums towards the policy and 50% of the premiums to the beneficiary on the premium due date
          3. On maturity, fund value is paid to the beneficiary
        • Customize a plan suited for your child with the premium, Sum Assured and the plan option of your choice
          1. Manage your investment fund(s) either by switching across fund options or re-directing future premiums into a different fund option
            1. Hassle-free policy issuance on the basis of a Short Medical Questionnaire eliminating tedious medical tests
              1. Tax benefits subject to provisions contained under sections 80C and 10(10D) of the Income Tax Act 1961
                1. Paying premiums is convenient with access to multiple modes– credit card, internet banking, cheque, auto debit facility

                  For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision.

                  Life Option

                  Min-Max entry age 18-65 years
                  Maximum age at maturity 75 years
                  Min-Max Policy Term 10-20 years

                  Life and Health Option

                  Min-Max entry age 18-55 years
                  Maximum age at maturity 65 years
                  Min-Max Policy Term 10-20 years

                  Age has to be taken as of "last birthday" basis

                  For more details on risk factors, terms and conditions, please read the Product Brochure carefully and/or consult Financial Consultant before taking a decision

                  View this interactive video for more information on Youngstar Super Premium.