HDFC life Insurance plans

HDFC Life Child Insurance Plans

HDFC Child plans are offered to parents and secure the parent’s life under the policy. These policies have an inbuilt waiver of premium rider.
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HDFC Life insurance review

HDFC Life Insurance plans
Distribution - Number of branches pan India (March 2019)
412
Entry Age Minimum/Maximum (Years) - Term Plans
18/65
Sum Assured Minimum / Maximum - Term Plans
25 lacs / Unlimited
Policy Term Minimum / Maximum (Years) - Terms Plans
5/67
Solvency Ratio (FY 2018-19) *
1.88
Number of Policies Sold (Ind+Group) *
897,693
Number of Lives Covered (Ind+Group) **
61,258,962
Claims Settlement Ratio (Ind+Group) ***
99.29%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20  |  *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Other Child Plans from this provider are

Since the birth of the child, parents make sincere efforts to ensure that their child can dream big without having second thoughts. We, at HDFC Life, are here to help you empower your child’s dreams and live the rest of your life as the proud parents you deserve to be.
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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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2025