Your children are precious, so are their dreams. With HDFC Life Youngstar Udaan you can make them true. Secure your child's dreams and future with this policy. The policy allows you to empower your child's dreams and live a life as a proud parent.
The policy offers different money back options based on eligibility criteria like the death coverage option, maturity benefit option. The payouts also vary as per different maturity benefit options like an aspiration plan, academia, and career.
When you choose to go for the classical waiver option, you don’t require to pay all future premiums.
The strategy provides you with the advantage of investment of fixed amounts at regular intervals that helps you in managing your other expenses.
Get the advantage of limited premium payment term and enjoy cover throughout the policy term.
This policy gives you the option to get guaranteed additions accumulated in the first 5 years of the policy, payable at maturity.
An 8.5% of survival benefits can be availed of annual payout.
Here’s a look at the details covered under HDFC Life Youngstar Udaan:
|HDFC Life Youngstar Udaan|
|Insurer Name||HDFC Life Insurance Company Limited|
|Policy term||15 years - 25 years|
|Plan options||For maturity pay-outs
|Age at entry||Classic*
• Aspiration: Minimum 30 days and maximum 60 years
• Academia: Minimum 8 years and maximum 60 years
• Career: Minimum 8 years and maximum 60 years
• Minimum 18 years and maximum 55 years
|Age at maturity||Classic*
• Aspiration:Minimum 18 years and maximum 75 years
• Academia: Minimum 23 years and maximum 75 years
• Career: Minimum 23 years and maximum 75 years
• Minimum 33 years and maximum 75 years
|Premiums payment term||• 7 years
• 10 years
• Policy term minus 5 years
|Sum assured (minimum)||Depends on the policy you choose|
This traditional child multiple benefit plan has multiple maturity benefits aspiration, academia, and career. It also offers two death benefits like a classic and a classic waiver. You get guaranteed additions for the first five years of policy (if applicable as per your plan), additional bonuses are paid at maturity.
The following mandatory documents will be needed to purchase the policy:
Life is uncertain and so are medical emergencies and accidents. We are here to guide you in these tough times and complete your claim processing in a few simple steps.
Documents needed to process cashless claim:
With the HDFC Life Youngstar Udaan Plan, the insured can avail the benefit of cashless treatment with the insurer’s network hospitals anywhere in the country. The procedure to file a claim is as follows:
Documents needed to process reimbursement claim
BFL Helpline Number: 08698010101
HDFC Life Helpline Number: 1800-266-9777
E-mail – email@example.com
Mailing address:Ground Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014.
Bajaj Finance Limited (‘BFL’) is a registered corporate agent of third party insurance products of Bajaj Allianz Life Insurance Company Limited, HDFC Life Insurance Company Limited, Future Generali Life Insurance Company Limited, Bajaj Allianz General Insurance Company Limited, Tata AIG General Insurance Company Limited, Oriental Insurance Company Limited, Max Bupa Health Insurance Company Limited, Aditya Birla Health Insurance Company Limited and Manipal Cigna Health Insurance Company Limited under the IRDAI composite registration number CA0101.
Please note that BFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any insurance product. Any decision to purchase an insurance product is solely at your own risk and responsibility and BFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. This product provides insurance coverage under the product HDFC Life YoungStar Udaan with the UIN: 101N099V04. Please refer to the insurer's website for Policy Wordings. For more details on risk factors, terms and conditions and exclusions please read the product sales brochure carefully before concluding a sale. Tax benefits applicable if any will be as per the prevailing tax laws. Tax laws are subject to change. BFL does NOT provide Tax/Investment advisory services. Please consult your advisors before proceeding to purchase an insurance product.
HDFC Life Insurance Company Limited (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101.
Registered Office: 13th Floor, Lodha Excelus, Apollo Mills Compound, N. M. Joshi Marg, Mahalaxmi, Mumbai - 400 011. Email: firstname.lastname@example.org, Tel. No: 1860 267 9999 (Mon-Sat 10 am to 7 pm) Local charges apply. Do NOT prefix any country code. e.g. +91 or 00. Website: www.hdfclife.com.
The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited.
HDFC Life YoungStar Udaan (101N099V04) is a Non-Linked, Participating, Life Insurance Plan. For more details on risk factors, associated terms and conditions and exclusions please read the sales brochure carefully before concluding a sale.