HDFC Life YoungStar Udaan – Going Beyond “Convention”

It's a Sunday afternoon; you and your partner have come to see your child play the lead role in a musical being presented on the annual day of his or her middle school. As it ends you see the swarm of parents stand up and applaud the performance put up by your child, many more come and congratulate and compliment you and your ward afterwards, the teachers come and tell you that they would like to present your child with an award at the next school assembly. That is when a thought goes through your mind; maybe your child would one day come up to tell you that she/he wants to become a professional actor. The medical or technical field might not be the right choice for the natural talent in dramatics that she/he possesses.

You realise that a mainstream career in a big MNC or a 9-5 desk job in a big corporation is not one for your child. You of course want the best for their future too. You want to make sure that what they want, they should get. Your child should never regret not getting the opportunity to do something.

Later in the day you are sitting at the sofa in your house, thinking and thinking over and over about the finances that you might require for sending your child to the best dramatics school. You obviously want everything to be perfect and the school where you wish to send your child must be a premier institute, where the raw talent that your child has can be polished, improved upon and cared thoroughly. You would naturally want that your child’s potential should come bursting out in the best way possible to be picked up by the best talent scouts and you dream about the headlines on the big screen and her/his competing toe to toe with the stars. This naturally indicates financial planning - how to save? How much to save? Where to invest? A career steam going against convention means an extra strain on your shoulders as you always want the best for your child. Financial woes are hard no doubt, but there is one simple solution.

HDFC Life YoungStar Udaan, a traditional participating plan for parents who wish to secure and make provisions for their child's future including academic expenses that occur prior to college education, college fees and miscellaneous expenses that occur during college. With the help of HDFC Life YoungStar Udaan child care plan you can plan your child's future with a plan that offers:

• Lump sum payout at maturity.
• Payouts during last 5 policy years with the first guaranteed payout higher than the subsequent guaranteed payouts.
• Payouts during last 5 policy years with the last guaranteed payout higher than the last guaranteed payouts.
• Flexibility to choose your policy term from 15 to 25 years as per your child's future needs.

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