Banking insurance is specifically designed to provide the protection financially for the policy holder and their entire family at the event of happenings of uncertainties. There are wide ranges of traditional insurances and unit linked plans available which are designed to help the insured with their savings, retirement, investment and the need for protection.
Some of the traditional and unit linked plans available under this Banking insurance provided by HDFC bank are Children's plan, unit linked young star plus II, money back plan, unit linked young star suvidha plan, Savings assurance plan, unit linked young star suvidha plus, Assurance plan, unit linked pension, term assurance plan, loan cover term assurance plan, unit linked endowment plus II, Endowment assurance plan, unit linked endowment suvidha, single premium whole of life insurance plan.
Under the Children's plan of this Banking insurance, the child of the insured can be ensured with a bright future by means of meeting the dreams and aspirations of the child. This plan was launched since it is becoming very expensive to provide a good education and to establish a very good professional career and the most important thing is making a modest wedding. Thus, through this plan the child will be able to lead a life with respect and dignity along with a financially secured future.
The Money back plan under this Banking insurance provides you with the following features. Both the long term as well as the short term financial goals can be achieved through the invaluable financial support provided by this plan. There are different numbers of schedules available to select the terms and the cash benefits under this policy. The plan can be selected either based on the single life or joint life. It provides an opportunity for the insured to live the life on their own terms. It also offers with four optional benefits in addition.