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First documentTerminologies of Life Insurance: Key Terms You Should KnowOpen original ↗

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Second documentBest Life Insurance Plans in India 2026 | Compare & BuyOpen original ↗

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Top paragraph overlap

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First paragraph11 words

Start Young, Pay Less, Stay Secured

Coverage for spouse Block your premium rate Covers 40 critical illness

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Second paragraph11 words

Start Young, Pay Less, Stay Secured

Coverage for spouse Block your premium rate Covers 40 critical illness

First paragraph28 words

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

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Second paragraph28 words

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

First paragraph16 words

Family Shield: Enhanced Protection

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

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Second paragraph16 words

Family Shield: Enhanced Protection

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

First paragraph13 words

Fixed Returns, Zero Risks & Worries

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

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Second paragraph13 words

Fixed Returns, Zero Risks & Worries

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

First paragraph61 words

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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Second paragraph61 words

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.

First paragraph25 words

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

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Popular Searches

Life Insurance Rider Types of Life Insurance Term Life Insurance Tax Benefit What is Insurance? Life Insurance Premium Life Insurance For Children Life Insurance for Seniors

First paragraph21 words

Popular Searches

Life Insurance for Seniors Whole Life Insurance Plans Group Life Insurance Plans Life Insurance Claim Process Tax Benefits of Life Insurance

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Whole Life Insurance Plans Group Life Insurance Plans Life Insurance Claim Process Tax Benefits of Life Insurance

First paragraph31 words

Important Terminologies in a Life Insurance Policy

A grace period is an additional window, usually ranging from 15 to 30 days after the premium due date, during which policyholders can pay outstanding premiums without the policy becoming inactive.

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Important Life Insurance Terms You Should Know

Grace Period: You should pay the life insurance premiums on or a little before the due date. This will ensure that your premium is invested at the right time and enjoys maximum growth, and your life cover also continues. However, if you miss the due date Grace Period is there to save you. The grace period is the time available to you for paying the premium without affecting the policy. You usually have a 15 days grace period for monthly premium payment modes and 30 days for other modes.

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Important Terminologies in a Life Insurance Policy

26 Vesting Age The vesting age is when the policyholder receives the income as guaranteed in their pension plan.

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Second paragraph31 words

Important Life Insurance Terms You Should Know

Vesting Age: Vesting age is the age at which benefits under a retirement or pension plan become payable to the policyholder, usually in the form of regular pension or annuity income.

First paragraph16 words

Important Terminologies in a Life Insurance Policy

Generally, whole life plans offer life cover till 99 or 100 years of age. 20 Premium

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Second paragraph52 words

8. Whole Life Insurance Plans:

Whole life plans are a unique genre of life insurance plans. Whole life insurance plans continue till you attain 99 or 100 years of age. Depending on the plan, you can choose to pay the premiums till the age of 60 and continue the cover till the age of 99 or 100.

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Important Terminologies in a Life Insurance Policy

Claim Settlement Ratio, or CSR , refers to the percentage of claims settled by the life insurance company during the previous financial year. It is an indicator of how quickly the nominees are paid the claims. Hence, it is an important factor to be considered while choosing a life insurance company.

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Second paragraph40 words

How to Choose and Buy the Best Life Insurance Policy?

Evaluate the Claim Settlement Ratio: The Claim Settlement Ratio (CSR) indicates the percentage of claims settled by the insurer compared to the total claims received during a financial year. A higher CSR generally reflects a strong claims-paying track record.

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Important Terminologies in a Life Insurance Policy

Exclusions are certain things or events that are not covered under a life insurance policy. If any claim is made on these exclusions, the insurance company is not liable to pay any compensation or benefit.

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Second paragraph27 words

Important Life Insurance Terms You Should Know

Exclusion: Exclusions are specific situations, events, or conditions that are not covered under the life insurance policy. Policyholders should carefully review these exclusions before purchasing a plan.