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What Are Child Education Plans?
A child education plan is a specialized financial product offered by Amba Insurance, designed to help parents systematically save and invest for their child’s future educational expenses. This plan not only builds a dedicated fund for your child’s higher education but also provides life insurance coverage, ensuring your child’s education remains secure even in the unfortunate event of the parent’s untimely demise.
One of the key features of an Amba Insurance child education plan is the premium waiver benefit. If the insured parent passes away during the policy term, Amba Insurance waives all future premiums, allowing the plan to continue uninterrupted. This benefit ensures that your family is protected from financial hardship, and your child still receives the full maturity amount to support their education.

Why Do You Need a Child Education Plan?
Before you know it, your child will be ready to take on the world—and a quality education plays a massive role in shaping that journey. A child education plan helps you financially prepare for key milestones while offering protection and returns. Here’s how it helps:
List of Child Insurance Plans in India Offered by HDFC Life
Securing your child’s future is one of the most crucial financial decisions you can opt for. With the gradually rising costs of education, selecting the child insurance plans ensures fulfilling your child’s dreams and makes sure to safeguard it during your absence.
HDFC Life provides some of the top child insurance plans in India, which offer both savings and life cover. These plans help you build a strong financial base for your child’s future. Each child plan is made to support important goals like marriage, higher education, or other future needs.
The table below showcases some of the child insurance plans options:
Plan Name | Type | Key Benefits | Best For |
---|---|---|---|
HDFC Life Click 2 Wealth (UIN: 101L133V03) A Unit Linked Non-Participating Individual Life Insurance Savings Plan | ULIP | Wide variety of fund options, comprehensive life coverage, no allocation charges, market-linked returns | Creation of wealth for a child in the long term |
HDFC Life Click 2 Achieve (UIN: 101N186V06) An individual non-participating, non-linked savings life insurance plan | Savings Plan + Life Insurance | Comprehensive life coverage, flexible options of payout for children, guaranteed benefits | Providing security to child’s educational goals |
HDFC Life Sampoorn Nivesh Plus (UIN: 101L180V01) A Unit Linked Non-Participating Individual Life Insurance Savings Plan | Market Linked Returns + Life Insurance | Multiple options for funds, comprehensive life coverage, loyalty additions | Balanced savings and career goals |