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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.
Build Guaranteed Savings for Your Future Goals
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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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
Save, Dream, Plan. Live Peacefully
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Save, Dream, Plan. Live Peacefully
Guaranteed Maturity Benefit Tax Benefits
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Savings and Investment Plans from Canara HSBC Life Insurance
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.
Savings and Investment Plans from Canara HSBC Life Insurance
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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Myth #1 Saving Plans do not Provide Sufficient Life Cover
Savings plans are built to allow you a safe mode for achieving your financial goals. So, when you use a savings plan to achieve your financial goal, the plan protects the goal adequately.
1. Goal Protection
Your goal is to protect your family financially under all circumstances. The goal of savings plans is the protection of your goals. If you pay your premiums on time, you receive a lump sum value on maturity that helps you complete your goals.
Myth #5 Saving Plans Offer No or Little Benefits
The best savings plans in India, however, will offer even more benefits. To name a few, savings plans from Canara HSBC Life Insurance offer goal protection options, multi-asset investment option.
Five Features of Savings Plan by Canara HSBC Life Insurance
These three savings plans from Canara HSBC Life Insurance, have a range of features you can use. These features allow you the necessary investment flexibility you need to meet your financial goals.
Myth #1 Saving Plans do not Provide Sufficient Life Cover
For example, you aim to build a corpus of Rs. 40 lakhs for your child’s higher education goal. If you use a savings plan to invest in, it may offer the following:
1. Goal Protection
Assuming you started investing Rs. 2 lakh a year in your child’s higher education goal . You will invest for the next 15 years and your goal is to build a corpus of Rs. 45 lakhs at the end of this tenure. However, unfortunately, you pass away in the fifth policy year, after investing only Rs. 5 lakhs in the plan.