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related to: Canara HSBC Life InsuranceLife Insurance at affordable price. Get 360 degree protection with iSelect Smart360. Get Monthly survival income post attaining 60 years of age with iSelect Smart360
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- Return of Premium Option
Double protection in one plan with
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UIN: 136N080V01. Canara HSBC Life Insurance iSelect Smart360 Term Plan is your financial companion ensuring that in case of unfortunate demise of Life Assured, the family still has its financial needs met. The plan would pay a lump sum amount or regular income at the covered incidence of the life assured. It further offers additional coverages ...
UIN: 136N087V02. Canara HSBC Life Insurance Young Term Plan is a Non-Linked, Non-Participating, Individual, Pure Risk Premium, Life Insurance Plan which provides two options to choose from basis your financial need. Life Secure offers life cover for the policy term and Life Secure with Return of Premium which in addition to life cover during ...
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All life insurance policies of Canara HSBC Oriental Bank of Commerce Life Insurance are backed by three major financial institutions--Canara Bank, HSBC and Oriental Bank of Commerce. Along with an easy-to-use web portal, the company has a network of over 10,000 bank branches of its corporate agents.
The above scenario has been calculated for a 52 year old individual who has opted for Canara HSBC Life Insurance Guaranteed Assured INcome - Long Term Income plan option and has chosen Premium Payment Term - 12 years, Deferment Period - 5 years, Income payout period - 30 years, income will commence at the end of 18th year till the end of 47th year and Policy Term - 47 years, Income Payout Frequency - Annual and an Annualized premium of Rs. 5 lacs.
The cover should protect them for the next 30 years until your retirement. You will need to pay about Rs 2000 per month as a premium under the regular premium payment option. You can also choose shorter premium payment tenures such as single premium, 5, 10 or 15 years, etc. Read more about term insurance plan.
The above scenario has been calculated for a 52 year old individual who has opted for Canara HSBC Life Insurance Guaranteed Assured INcome - Long Term Income plan option and has chosen Premium Payment Term - 12 years, Deferment Period - 5 years, Income payout period - 30 years, income will commence at the end of 18th year till the end of 47th year and Policy Term - 47 years, Income Payout Frequency - Annual and an Annualized premium of Rs. 5 lacs.
