Document Overlap
47.4%First documentIs Life Insurance only For Accidental Death?Open original ↗
Second documentHow Can You Get Started with Buying Life Insurance in India?Open original ↗
Top paragraph overlap
100.0%Page comparison
Paragraph matches
Strongest non-zero match for each paragraph.
Financial Planning for Different Life Stages
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.
Final Thoughts
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
Popular Searches
Term Life Insurance Whole Life Insurance Critical Illness Insurance Accidental Death Benefit Rider Compare Life Insurance Quotes Best Life Insurance Companies In India Factors Affecting Life Insurance Premiums
Popular Searches
Term Life Insurance Whole Life Insurance Critical Illness Insurance Accidental Death Benefit Rider Compare Life Insurance Quotes Best Life Insurance Companies In India Factors Affecting Life Insurance Premiums
Popular Searches
Life Insurance Rider Life Insurance Plans Types of Life Insurance Term Life Insurance Tax Benefit What is Insurance? Life Insurance Premium Life Insurance For Children
Popular Searches
Life Insurance Rider Life Insurance Plans Types of Life Insurance Term Life Insurance Tax Benefit What is Insurance? Life Insurance Premium Life Insurance For Children
Popular Searches
Life Insurance for Seniors Whole Life Insurance Plans Group Life Insurance Plans Life Insurance Claim Process Tax Benefits of Life Insurance
Popular Searches
Life Insurance for Seniors Whole Life Insurance Plans Group Life Insurance Plans Life Insurance Claim Process Tax Benefits of Life Insurance
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.
Tax Savings
Life insurance plans allow you to avail of tax-saving benefits on both premiums paid and the insurance benefit received on death/maturity. You can claim deductions on the life insurance premium paid up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961, thus, lowering your gross taxable income. On the other hand, the amount of money you receive upon maturity or the death benefit received by your family is tax-exempt under Section 10(10D) of the Act.
Additional Benefits of Buying the Best Life Insurance Plan
Tax Benefits: Life insurance policies provide you with tax benefits as well. You can avail of a tax deduction of up to ₹1.5 lakh on the premium paid by you under Section 80C of the Income Tax Act. This helps lower your taxable income. Also, the maturity amount can be tax-free under section 10(10)D of the Income Tax Act. Thus, life insurance provides 2 major tax deductions.
Wealth Creation
There are life insurance plans such as Unit Linked Insurance Plans (ULIP) that provide you with opportunities to create wealth while enjoying comprehensive life cover protection. These life insurance policies allow you to invest a portion of the premium in different market-linked financial instruments (equity and debt fund options) to accumulate superior risk-adjusted returns beating market volatilities and inflation.
Types of Life Insurance Plans
Unit Linked Insurance Plan (ULIP): Unit-linked insurance plans give life coverage as well as an opportunity to invest and earn returns. Thus, ULIPs provide you with dual benefits of both insurance as well as investment in a single product. Here you can choose to invest amongst the variety of funds offered according to your preference and risk-taking ability. The returns here are linked to the market. ULIPs also give you the option to withdraw regularly after the lock-in period.