Canara HSBC OBC Term Insurance Calculator

Canara HSBC OBC Term Insurance Calculator

A joint venture between Canara Bank, Punjab National Bank, and HSBC Insurance (Asia Pacific) Holdings Limited, Canara HSBC OBC Life Insurance company offers various insurance products, including term insurance. The company was founded in 2008, and since then, it has been amongst the leading life insurance providers in India. 

Canara HSBC OBC term insurance plans provide substantial insurance coverage at considerably low premiums. Its term insurance plans are carefully tailored to fulfill various requirements of people at different life stages. The company follows a customer-centric approach to providing all kinds of insurance solutions and aims to provide best-in-class services to its clients.

Canara, HSBC OBC Term Insurance calculator, is an easy-to-use tool that provides customized premium amounts correctly and instantly. It helps to choose the right term insurance plan based on your requirement and budget.

Benefits of Canara HSBC OBC Term Insurance Premium Calculator

• Accurate calculation: Canara HSBC OBC Term Insurance Premium Calculator provides the right premium amount that you need to pay for your term insurance plan based on your entered inputs.
• Free-of-cost: Canara HSBC OBC term premium calculator is available online for everyone free of cost.
• Take the right buying decision: Canara HSBC OBC premium calculator helps you make an informed buying decision by assisting you with the proper term insurance plan suiting your budget and requirements.

Canara HSBC OBC Term Insurance Plans

• iSelect Star Term Plan
• POS – Easy Bima Plan
• Saral Jeevan Bima

Below are the details about term insurance plans offered by Canara HSBC OBC Life Insurance:

1. iSelect Star Term Plan: This term plan by Canara HSBC OBC Life Insurance comes with a whole life cover option and allows you to increase your policy life cover based on your changing lifestyles. It also comes with a return premium option, spouse coverage, and in-built protection feature. In addition, it also offers multiple death benefit payout options, including lump sum, monthly income, or lump sum plus monthly income.

2. POS – Easy Bima Plan: Canara HSBC OBC POS – Easy Bima Plan is a traditional term insurance plan backed with features like double life cover for accidental death and riders to widen the base policy coverage. This term plan also comes with a return of the premium option on policy maturity as well as income tax benefits.

3. Saral Jeevan Bima: Canara HSBC OBC Saral Jeevan Bima is a basic term insurance plan that provides a lump-sum payment for the insured’s untimely demise during the policy term. This term plan protects you and your family against the uncertainties of life by providing complete financial assistance. Moreover, this plan also offers flexible policy terms, premium terms, and premium payment frequency.

Benefits of Canara HSBC OBC Term Insurance

Canara HSBC OBC Life insurance provides insurance products that are exclusively curated, catering to various requirements of different individuals. Moreover, the term plans offered by Canara HSBC OBC Life Insurance are affordable and provide comprehensive protection.

• Financial security: Canara HSBC OBC term insurance plans offer financial assurance to your family in your absence. The term plans ensure that your loved ones do not face any financial problems and lead a decent way of life even when you are not around with them.
• Affordable premium rates: Canara HSBC OBC term insurance plans have affordable premiums and offer high life coverage. These term plans intend to fulfill each individual’s necessities that fit their financial plan.
• Spouse Coverage: Canara HSBC OBC Life Insurance considers your spouse’s financial security integral to your term policy. Therefore, it provides maximum life cover to both partners against financial uncertainties. Under Canara HSBC OBC term insurance, you can add your spouse under the same policy.
• Accidental Death Coverage: Canara HSBC OBC – iSelect Star Term Plan and POS – Easy Bima plan offers accidental death coverage wherein in case of your demise due to accident, your family members will receive a lump sum amount which will help them to fulfill their daily requirements and dreams in your absence.
• Increased coverage as you age: The Canara HSBC OBC Life Insurance term insurance plan provides the facility of increasing life cover by 25% after every five years, based on your age requirements. Therefore, your overall sum assured turns out to be twofold toward the end of the policy term.