Paragraph matches

First paragraph18 words

Don't Just Survive, Thrive

3 Plan options Life cover + Guaranteed income Get Total Premiums at maturity Early income from 2nd policy year

100.0%

Second paragraph18 words

Don't Just Survive, Thrive

3 Plan options Life cover + Guaranteed income Get Total Premiums at maturity Early income from 2nd policy year

First paragraph10 words

Save, Dream, Plan. Live Peacefully

5 Plan options Option to choose PPT Get Tax benefits

100.0%

Second paragraph10 words

Save, Dream, Plan. Live Peacefully

5 Plan options Option to choose PPT Get Tax benefits

First paragraph26 words

Popular Searches

Child Education Child Insurance Plan Children Money Back Policy Insurance Policy For Newborn Child Protection Rider How Child Insurance Works? Sukanya Samriddhi Yojana Child Insurance Calculator

100.0%

Second paragraph26 words

Popular Searches

Child Education Child Insurance Plan Children Money Back Policy Insurance Policy For Newborn Child Protection Rider How Child Insurance Works? Sukanya Samriddhi Yojana Child Insurance Calculator

First paragraph27 words

Popular Searches

Buy Best Child insurance Plan Best Investment Plan for Girl Child Child Education Insurance Plan Best Fixed Deposit for Child Types of Child Insurance Child Education Insurance

100.0%

Second paragraph27 words

Popular Searches

Buy Best Child insurance Plan Best Investment Plan for Girl Child Child Education Insurance Plan Best Fixed Deposit for Child Types of Child Insurance Child Education Insurance

First paragraph13 words

Fixed Returns, Zero Risks & Worries

4 Plan options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover

100.0%

Second paragraph13 words

Fixed Returns, Zero Risks & Worries

4 Plan options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover

First paragraph61 words

Child Insurance - Top Selling Plans

We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.

100.0%

Second paragraph61 words

Child Insurance - Top Selling Plans

We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.

First paragraph28 words

Key Takeaways

Parents can choose from endowment , money-back, or ULIP-based child plans based on risk appetite Features like partial withdrawals, bonuses, and riders add flexibility and financial protection

86.1%

Second paragraph34 words

Key Takeaways

You can choose between Endowment, Moneyback, or ULIP-based plans, depending on your financial goals and risk appetite Features like premium protection ensure the plan continues even in your absence, safeguarding your child's future

First paragraph26 words

How Does a Child Insurance Plan Work?

A child insurance plan helps you to secure the future of your child by ensuring that their goals are met even if you are not there.

81.8%

Second paragraph59 words

Wrapping Up

Preparing for your child’s future in the present era has become a necessity. With the steep rise in education costs, relying solely on savings may not be enough. A child insurance plan provides a structured way to save for long-term goals and also ensures your child’s dreams remain protected, even if life takes an unexpected turn.

First paragraph35 words

Key Takeaways

A child insurance plan combines life cover and long-term investment to secure a child’s future goals These plans ensure your child’s goals remain funded even in your absence through premium waiver benefits

79.7%

Second paragraph59 words

Wrapping Up

Preparing for your child’s future in the present era has become a necessity. With the steep rise in education costs, relying solely on savings may not be enough. A child insurance plan provides a structured way to save for long-term goals and also ensures your child’s dreams remain protected, even if life takes an unexpected turn.

First paragraph50 words

Features of Child Insurance Plans

Bonus Additions: Participating child plans and Unit-Linked Plans offer rewards for staying invested for the long term. While ULIP will add units as loyalty additions and wealth boosters, endowment and money-back child plans accrue annual bonuses. These bonuses are payable with the maturity value of the child's policy.

62.6%

Second paragraph204 words

How Does a Child Insurance Plan Ensure Your Child’s Future?

Bonus Additions: Child insurance plans often reward long-term commitment through various forms of bonus additions. These benefits differ based on the type of plan: Participating endowment and money-back plans offer annual bonuses such as reversionary bonuses and terminal bonuses, which are declared based on the insurer’s performance. While endowment plans accumulate these bonuses throughout the policy term, money-back plans may offer bonuses along with periodic payouts, though these are typically not guaranteed. Unit-linked insurance Plans (ULIPs) do not provide traditional bonuses. Instead, they may offer loyalty additions and wealth boosters, which are additional units added to your fund value at regular intervals, provided certain conditions like continued premium payment and policy duration are met. All accrued bonuses in traditional plans are paid out at the time of maturity, along with the maturity amount. In ULIPs, loyalty additions and wealth boosters enhance the fund value and are also payable at maturity. These maturity proceeds are generally tax-exempt under Sections 80C and 10(10D) of the Income Tax Act. However, for ULIPs purchased on or after 1 February 2021, if the aggregate annual premium exceeds ₹2.5 lakh, the maturity amount becomes taxable (except in the case of death benefits).

First paragraph39 words

Features of Child Insurance Plans

Systematic Withdrawals: Child education plan and endowment plans offer the option of systematic withdrawal or automatic payments from the plan in the final few policy years. This allows your child to meet the financial needs which may arise gradually.

59.4%

Second paragraph28 words

How Does a Child Insurance Plan Ensure Your Child’s Future?

Partial Withdrawal: Endowment Child Education Plans come with the option of systematic withdrawal from the policy in the last few years before the end of the policy term.

First paragraph45 words

What is a Child Education Insurance Plan?

We, at Canara HSBC Life Insurance, offer Child insurance plans that also offer periodic payouts of the corpus you have built to align with your child financial needs. These periodic payments can coincide with the crucial milestones of your child life, like education, marriage, etc.

50.9%

Second paragraph36 words

Wrapping Up

Plans like those offered by Canara HSBC Life Insurance are designed to adapt to your child’s growing needs while providing essential financial security. Start early, choose wisely, and watch your investment grow with your child.