About the Plan

Canara HSBC Oriental Bank of Commerce Life Insurance Sampoorna Kavach Plan is a yearly renewable group term plan intended to meet and fulfill the life protection needs of the members of your group at an affordable cost. This is a traditional, non- participating life protection plan which will safeguard your members in case of an unfortunate event.

Eligibility Criteria Minimum Maximum
Entry Age* 18 years 60 years
Policy Term 1 Year (renewable yearly)
Sum Assured ` 5,000 ` 50,000

*Age as per last birthday (l.b.d.)

For detailed description of the product features, benefits, flexibilities & boundaries, kindly refer to the brochure.

  • WHY BUY

    As an organization that takes care of the welfare of its members and secures them by providing means to meet their needs, you always take care of your members and their priorities. But with the uncertainties of life, there always exists a fear in their mind of the unfortunate circumstances where their families might suffer, when they are not around.

    • Simplicity
      This plan has a simple enrolment process where the member are required to fill up a simple form to get the cover
    • No Medicals
      The insurance cover will be provided based on individual's declaration of his/her good health and the members need not undergo any medical examination
    • Affordable
      Your member's need for protection of life is met at an affordable cost
    • Flexible
      The members have the flexibility of renewing the plan every year. However the renewal is subject to terms and conditions of the Master Policy and underwriting decision of the Insurer
  • BENEFITS

    Master Policyholder Benefit

    As a Master Policyholder, this plan will facilitate you in providing insurance protection to your members. Further this will be a step towards the welfare of your members which will provide financial protection to their families.

    Death benefit

    In the unfortunate event of members death, the sum assured will be paid to the nominee.

    There is no maturity benefit payable under this plan.

    Tax Benefit#

    The tax benefits are as per the prevailing law and are subject to changes. For specific details, please contact your tax consultant.

    #Tax Benefits under the policy will be as per the prevailing Income Tax laws and are subject to amendments from time to time.

  • BROCHURE & PDFs

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Claims Process

  • Step1: Claim Intimation & Registration
  • Step2: Fund Value Disbursement & Documentations
  • Step3: Processing & Settlement
Know more

Claims Process

  • Step1: Claim Intimation & Registration
  • Step2: Fund Value Disbursement & Documentations
  • Step3: Processing & Settlement
Know more