HDFC SL Young Star Super II
There is no bigger joy than being able to fulfil your child's dream.
With HDFC SL YoungStar Super II, you can fulfil your child's immediate and future needs easily.
So, tomorrow when your child needs your support you don't have to depend on anyone else.
The HDFC SL Young Star Super II gives:
- Valuable financial protection to your child
- Yearly payments to your family in case of your unfortunate demise
- An outstanding investment opportunity that maximises your savings by providing you a choice of thoroughly researched investment selections
- Higher allocations:
Year 1 to 7 - premium allocation of 96%
Year 8 onwards - premium allocation of 99%
- Level of protection:
You can choose any amount as Sum Assured with a minimum of 10 times and a maximum of 40 times your chosen annual regular premium
- Term limits: The minimum term of the policy is 10 years and maximum is 20 years
- Risk cover options:
- Life and health
- For Life Option- the minimum entry age is 18 years and maximum age is 65 years.
The maximum age limit at maturity is 75 years
- For Life and Health Option: the minimum entry age is 18 years and maximum age is 55 years
The maximum age- limit at maturity is 65 years
- Choice of Funds: Choice to invest in any of the 7 funds depending on your risk appetite:
- Short Term Fund
- Income Fund
- Balanced Fund
- Blue Chip Fund
- Opportunities Fund
- Customise the ideal plan for your child by choosing the premium you wish to invest in, along with the Sum Assured, depending on the level of protection required.
- You can change your investment fund choices in 2 ways:
- Switching: You can move your accumulated funds from one fund to another, anytime
- Premium Redirection: You can pay your future premiums into a different selection of funds, as per your need
- Partial withdrawals allowed after 5 years
- Grace period of 30 days
- Avail of the tax benefits offered under section 80C and 10(10D) of the Income Tax Act, 1961
It just takes a few simple steps to get insured. Apply today and manage your finances easily.