Bank has started a Joint Venture Insurance Company “Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited”. The new JV insurance company was launched on 16th of June 2008. In the JV insurance company, Canara bank has a stake of 51%, HSBC Insurance (Asia Pacific) Holdings Ltd 26% and Oriental bank of Commerce 23%. We also act as a Corporate Agent of Our JV Company. For further details log on to www.canarahsbclife.com
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“Canara Bank is a Corporate Agent of Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited bearing License Number 983218. The Corporate Agent does not underwrite the risk or act as an insurer. The contract of insurance is between the insurer and the insured and not between the bank and the insured ”
Frequently Asked Questions (FAQs)
Website of our Joint Venture under Life Insurance – Canara HSBC Life Insurance Co. Ltd.