How To Save Your Life Insurance Premium and How Term Insurance Differs From Other Type of Life Insurance? · Content Duplication Tool

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Opt for a term 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.

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Term Plan Tax Benefit

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.

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Start Young, Pay Less, Stay Secured

Coverage for spouse Block your premium rate Covers 40 critical illness

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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

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Family Shield: Enhanced Protection

3 Plan options Life cover till 99 years Steady income benefit Block your premium at inception

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Fixed Returns, Zero Risks & Worries

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

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Fixed Returns, Zero Risks & Worries

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

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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.

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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.

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How to Save on your Life Insurance Premiums

August 2, 2024

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How Term Insurance Plan differs from other types of Life Insurance Plans

August 2, 2024

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Opt for a term plan

Term plans, therefore, offer comprehensive coverage at inexpensive rates so that paying your monthly premiums doesn't cause a strain on your budget. The iSelect term plan, for instance, provides you with a cover of INR 1 crore starting at INR 365 a month.

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Coverage

The coverage provided by a pure term cover is unmatchable. For example, with iSelect Smart360 Term Plan, a young individual can avail a cover of INR 1 crore for approximately INR 365 a month. Depending on the income potential and future obligations, you can decide the amount of coverage that would be suitable.

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Opt for a term plan

Term plans are the most affordable insurance plans available today. They offer life cover for a specific tenure for nominal premiums. They also come with optional or built-in riders such as cover against terminal illness and accidental and permanent disability. You also get to save some a significant amount of money every financial year courtesy tax benefits (up to INR 1.5 lakh) under Section 80C.

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Term Insurance Premium

A term cover is the most affordable insurance plan. Depending on the maturity benefits, bonus and payout options, the premium on most other life insurance plans can be many times more expensive than a simple term cover. A term plan, however, comes at an absolutely affordable price, making it the ideal choice, especially for the youth.

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Opt for a term plan

Term Plan Tax Benefit

Start Young, Pay Less, Stay Secured

Start Young, Pay Less, Stay Secured

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Family Shield: Enhanced Protection

Family Shield: Enhanced Protection

Fixed Returns, Zero Risks & Worries

Fixed Returns, Zero Risks & Worries

Life Insurance - Top Selling Plans

Life Insurance - Top Selling Plans

How to Save on your Life Insurance Premiums

How Term Insurance Plan differs from other types of Life Insurance Plans

Opt for a term plan

Coverage

Opt for a term plan

Term Insurance Premium