HDFC Life · Savings · Non-Par Guaranteed
Click 2 Achieve
A non-participating goal-based savings plan with two variants — Smart Student (education funding for a child) and Dream Achiever (flexible savings for any life goal, including an optional income stream).
Product data last fetched 26 August 2026. Features, premiums and availability may change — verify against the official brochure/policy wording before deciding.
The truth card
PurposeSavings — Traditional
CategoryNon-Par Guaranteed
InsurerHDFC Life
Life CoverNot available in the current product data
PremiumNot available in the current product data
Policy TermNot available in the current product data
Premium-Paying TermNot available in the current product data
GuaranteeNot available in the current product data
Market ExposureNot applicable — non-linked
LiquidityNot available in the current product data
Lock-inNot available in the current product data
ChargesNot available in the current product data
Maturity BenefitNot available in the current product data
Death BenefitNot available in the current product data
SurrenderNot available in the current product data
Paid-upNot available in the current product data
Tax NotesDepends on policy structure, premium amount, issue date and applicable tax law — see our tax notes
XIRRNot available in the current product data
What this product is
A non-participating goal-based savings plan with two variants — Smart Student (education funding for a child) and Dream Achiever (flexible savings for any life goal, including an optional income stream).
You might need this if…
- You might need this if you're saving specifically for a child's education — Smart Student is built around income paid out around ages 16-18.
- Useful for general goal-based saving (a big purchase, a business milestone, or retirement) via Dream Achiever, which lets you choose your own sum assured and optional income term.
- Good if you want a fully guaranteed number, since the plan is non-participating — no bonus uncertainty.
- Fits child achievers specifically — Smart Student includes a bonus payout for exceptional academic/sporting achievement.
How it actually works
- Smart Student: entry age 30 days-13 years, 10-14 year policy terms, 5-10 year premium payment; survival benefit paid over the last 3-5 years, starting age 16 or 18.
- Dream Achiever: entry age 30 days-65 years, very flexible 5-60 year policy terms and 5-35 year premium payment terms, with an optional income term.
- Minimum sum assured is ₹50,000; premium payment via annual/half-yearly/quarterly/monthly modes.
- Death benefit = highest of (10x annualised premium for Smart Student, or a chosen sum assured with a 7x minimum for Dream Achiever), 105% of premiums paid, or surrender value.
- Maturity benefit: Smart Student pays survival income in the final years; Dream Achiever pays a chosen lump sum plus an optional income stream afterward.
- Five optional riders: Accidental Disability Income, Protect Plus, Waiver of Premium, Health Plus, LiveWell.
Worked example
Sagar, age 5 (policy bought by father Maulik, age 40) targets ₹75,000/year of income for 3 years starting at age 16. Annual premium: ₹30,179 for 5 years (total ₹1,50,895 paid), giving total benefits during the policy of ₹2,25,000, on a 14-year term. Separately, Raj, age 40 (Dream Achiever), pays ₹30,000/year for 10 years (20-year term) to get a maturity lump sum of ₹3,00,000 plus ₹83,446/year income for 5 years after (total income ₹4,17,230).
Worth knowing before you decide
- This is a non-participating plan — the numbers illustrated are the guaranteed numbers, with no bonus component.
- Smart Student's 'Outstanding Achievement Award' (2x annualised premium bonus) requires meeting specific, narrow criteria (e.g., top-100 global university admission, Olympic qualification).
- Suicide within 12 months of start/revival limits payout to 80% of premiums paid or surrender value.
- You can reduce premiums by up to 50% after 5 years, but all benefits scale down proportionally as a result.
Official source
⌟ Official product brochure
Learn about this category
Read the full traditional life insurance explainer → · See all traditional savings products →