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Secure Your Family’s Future with the Right Life Insurance Plan
Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.
FAQs
Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.
Start Young, Pay Less, Stay Secured
Coverage for spouse Block your premium rate Covers 40 critical illness
Start Young, Pay Less, Stay Secured
Coverage for spouse Block your premium rate Covers 40 critical illness
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Family Shield: Enhanced Protection
3 Plan options Life cover till 99 years Steady income benefit Block your premium at inception
Family Shield: Enhanced Protection
3 Plan options Life cover till 99 years Steady income benefit Block your premium at inception
Fixed Returns, Zero Risks & Worries
4 Plan options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
Fixed Returns, Zero Risks & Worries
4 Plan options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
Life 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.
Life 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.
Types of Life Insurance Plans
ULIP Investment Plans: ULIP plans are versatile life insurance investment plans. These plans not only help you invest in diverse instruments for higher growth, but they also have a life insurance cover. These plans are perfect for achieving important long-term financial goals for your family.
How to Buy Life Insurance for Senior Citizens?
Compare Policy Types: Opt for an insurance policy that is both affordable and suitable for your circumstances. For example, the iSelect Guaranteed Future Plus plan by Canara HSBC Life Insurance offers customisation, investment growth, and flexible withdrawals. It is a suitable policy for retirees looking to invest in a financially stable tomorrow. Senior citizens generally opt for one of the following: Term Life Insurance: It offers coverage for a fixed term and is cost-effective. Whole Life Insurance: It yields long-term security alongside a savings aspect. ULIP-Based Plans: A balanced plan with life cover and investment benefits.
Promise4Growth Plus ULIP Plan
In case of your unfortunate demise, your nominee would receive the higher of sum assured or fund value. There is another option that pays the sum assured on demise and the company funds the future premiums until maturity. The fund value is then paid to the nominee.
Best Types of Life Insurance Plan for Senior Citizens
After which, the fund value is payable to the insured’s nominees. The price of these policies is higher because it involves both a savings component and provides coverage as well. It offers permanent protection that no other policy offers.