Canara HSBC Term Insurance Plans

Canara HSBC OBC Life Insurance company offers 3 term insurance plans. Canara HSBC OBC term insurance plans are known for providing life cover at a reasonable price. These plans not only provide life cover but also provide financial protection to you family members in case of your unforeseen demise during the policy term. With help of Canara HSBC OBC term insurance plan you can ensure that your family is financially secured in your absence.

Canara HSBC Term Insurance Plans

Canara HSBC OBC has 3 term insurance plans on the anvil for its customers situated across India.

1. Saral Jeevan Bima: Canara HSBC OBC Saral Jeevan Bima is a basic term insurance plan that offers a lump sum payment in case of an unfortunate demise of the life assured during the policy term. This plan protects you against the uncertainties of your life and provides financial assistance to your family so that your family meets their daily expenses. Under this plan you get the flexibility to choose your own policy term, premium term and premium payment frequency.

2. iSelect Star Term Plan: Canara HSBC OBC Life Insurance offers this exciting term plan with a whole life cover option. Besides, it allows you to enhance your life coverage, depending on your changing lifestyles. While offering premium payment options, this term insurance plan comes with features like the return of premium and in-built protection. Income tax benefits are also available as per the prevailing IT laws. Under this plan you can add your spouse in the policy. This plan offers multiple death benefit payout such as lump sum, monthly income or lump sum plus monthly income.

3. POS – Easy Bima Plan: Canara HSBC OBC Life Insurance offers a conventional term insurance plan with riders like double life cover in the event of accidental death. This plan also provides a return of the premium paid on the maturity of the policy. Income tax benefits are also available to customers.