HDFC Life to launch insurance scheme Youngstar Udaan for children
HDFC Life, India's leading long term private life insurance solutions provider, today announced to launch 'Youngstar Udaan', a life insurance scheme for children.
The scheme, to be officially started on April 21, will provide money back options, which allows parents to utilise key formative years of their child to plan for their secure future.
Speaking to media, Sanjay Tiwari, vice-president, Product Development, HDFC Life said, 'the plan is ideal for parents who wish to secure their child's future keeping in mind critical milestones like education, marriage, and setting up of business among other things.
It "focuses on the aspiration, academic and career aspects of the child's growth," he added.
(Posted on 16-04-2014)