Protection Plans

Why Invest in a Protection Plan?

You strive to provide comfort, happiness and security to your family and you would want your family’s future to be secure at all times. Protection plans provide comprehensive insurance cover to protect your family's future to ensure that they lead their lives comfortably without any financial worries, even in your absence.
Long-term Financial Security
Customizable Life Cover
Terminal Illness Cover
Optional Accidental Death & Disability Cover
Tax savings on premiums paid

Our Plans

Protection Plans are specially designed to provide full protection & financial stability to your family in case of any unforeseen events.
iSelect Smart360 Term Plan
A financial companion ensuring that in case of unfortunate demise of Life Assured, the family still has its financial needs met. The plan would pay a lump sum amount or regular income for 5 years in case of the unfortunate event. It further offers optional in-built coverage to choose from and comes as an all in one product, offering flexibility to take cover as per one’s need and ensuring that the dreams of loved ones are not compromised.
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Disclaimer

Canara Bank (IRDAI Regn. No. CA0045) is the Corporate Agent of the Insurer.

The online journey is being enabled through the Insurance Self Network platform (ISNP) of the Company where Canara Bank is a market participant as the corporate agent of the insurer.

Purchase of any insurance products by a bank's customer is purely voluntary and is not linked to availment of any other facility from the bank.

Trade Logo of Canara HSBC Life Insurance Company Limited is used under license with Canara Bank and HSBC Group Management Services Limited.

We pride in 170+ years of trusted service to our customers backed by our key partners Canara Bank (founded in 1906) and HSBC Insurance (founded in 1970). 99.23% Claims ratio : Individual death claims settled and reported in public disclosures for FY 2023-24.

The Insurance products are offered and underwritten by Insurer (IRDAI Regn. No. 136) having its head office at 139 P, Sector - 44, Gurugram - 122003, Haryana, India.

The premium mentioned is for standard lives. Premium rates for tobacco users will vary. Your actual premium will depend on the Company's assessment of risks on your health, lifestyle, occupation, etc. Annualized premium may vary for monthly mode.

For more details on risk factors, terms and conditions please read the Sales Brochure carefully before concluding a sale.

Website: www.canarahsbclife.com
Call (Toll free no.): 1800-103-003/1800-891-003
SMS: 9779030003
Missed Call: 8071262709
Email: customerservice@canarahsbclife.in

Tax benefits under the plan will be as per the prevailing Income Tax laws and are subject to amendments from time to time. For tax related queries, contact your independent tax advisor.

Collection of advance premium shall be allowed within the same financial year for the premium due in that financial year. However, where the premium due in a financial year is being collected in previous financial year, the premium may be collected for a maximum period of three months in advance of the due date of the premium. The premium so collected in advance shall only be adjusted on the due date of the premium. Such advance premium, if any, paid by the Policyholder shall not carry any interest.

Medical charges will be deducted in case of non-issuance of the policy.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

  • IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Canara HSBC Life Insurance Company Limited
IRDAI Registration no: 136

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