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Life Insurance & Financial Planning Insights

Expert articles on life insurance, savings, protection plans, and financial planning to support long-term financial decisions.

Recent Blogs

3 Benefits Of Health Insurance Plans For Senior Citizens Thum Desktop
How Much Does A Health Insurance Cost in India?
30 July '26
948 Views
5 minute read
Explore the factors influencing health insurance costs and find a plan that fits your budget and healthcare needs.
Read More
Health Plan
Investment Strategy Thum Desktop
Investment Strategy: Meaning, Types and Factors to Consider
30 July '26
2156 Views
8 minute read
An investment strategy is a plan formulated to help investors achieve their financial goals. Investment strategy depends on a person's age, capital, risk tolerance, and goals. Know more!
Read More
Financial Planning
Types Of Insurance Thum Desktop
5 Safe Investment Options for Risk-Averse Investors in India
30 July '26
1097 Views
8 minute read
Explore secure investment options in India designed for conservative investors seeking steady returns, capital protection, and long-term financial security.
Read More
Life Insurance
Types Of Insurance Thum Desktop
5 Factors to Check Before Buying Life Insurance in India
30 July '26
1269 Views
12 minute read
Learn the key factors to check before buying life insurance in India, including coverage amount, policy term, insurer reliability and long-term suitability.
Read More
Life Insurance
Types Of Insurance Thum Desktop
What Were the Top Life Insurance Industry Trends in 2026?
30 July '26
1173 Views
6 minute read
Learn the top five life insurance industry trends in 2026, including digital adoption, product innovation, customer experience shifts, pandemic impact, and distribution changes.
Read More
Life Insurance
What You Should Know Before Claiming Life Insurance?
What You Should Know Before Claiming Life Insurance?
30 July '26
890 Views
5 minute read
Know the key factors to consider before claiming life insurance, including required documents, claim process, timelines, and policy terms.
Read More
Life Insurance
Sum Assured Meaning Thum Desktop
What Is Sum Assured in Insurance? Meaning & Benefits
30 July '26
4230 Views
8 minute read
A sum assured is a fixed amount paid to the nominee of the insurance policy in the unfortunate event of the policyholder's demise during the policy tenure. Learn more about what is sum assured, and it's meaning.
Read More
Saving Plan
Guaranteed Return Plan Thum Desktop
Top Investments with Guaranteed Returns in India in 2026
30 July '26
1990 Views
8 minute read
Discover top investment options in India with guaranteed returns. Secure your financial future with reliable plans from Canara HSBC Life Insurance. Explore now!
Read More
Saving Plan
Why Life Insurance Plans Must Be Part Of Your Savings Plan Thum Desktop
Why Life Insurance Should Be a Key Part of Your Savings Plan?
30 July '26
1106 Views
9 minute read
Buying a life insurance cum savings plan helps secure your future. Get life cover and build wealth to fulfill your kids’ dreams or create a strong retirement corpus.
Read More
Saving Plan
Importance Of Taxes Thum Desktop
Achieving Tax Saving Goals through Tax Saving Investments
30 July '26
910 Views
4 minute read
Discover 3 key financial goals you can achieve with tax-saving investments. Learn how to save taxes while building wealth and securing your financial future.
Read More
Tax Saving
Best Investment Options for Indian Retirees
What Are the Best Investment Options for Indian Retirees?
30 July '26
897 Views
8 minute read
Explore safe and income-focused investment options for retirees, including SCSS, PMVVY, annuities, mutual funds and deposits, with guidance on risk, returns and taxation.
Read More
Retirement Plan
How To Avoid Running Out Of Money During Retirement Thum Desktop
How to Avoid Running Out of Money After Retirement?
30 July '26
904 Views
7 minute read
Learn how to avoid running out of money during retirement by planning expenses, managing savings wisely, preparing for medical costs and ensuring a steady income for life.
Read More
Retirement Plan
Insurance plans after retirement
Best Insurance Plans to Consider After Retirement in India
30 July '26
892 Views
7 minute read
Understand insurance Plans after retirement. Compare plans that help manage healthcare costs, protect savings, and support financial stability.
Read More
Retirement Plan
All You Need To Know About Kisan Vikas Patra Thum Desktop
Kisan Vikas Patra (KVP): Benefits, Interest Rate & Features
30 July '26
5723 Views
11 minute read
Explore Kisan Vikas Patra (KVP) scheme benefits, interest rates, eligibility and key features to understand how this government-backed savings scheme works.
Read More
Saving Plan
6 Benefits Of Buying Saving Plans With Guaranteed Income Thum Desktop
What Are the Benefits of Saving Plans With Guaranteed Income?
30 July '26
1013 Views
8 minute read
Learn six practical benefits of saving plans with guaranteed income, including steady payouts, financial security, low risk, flexibility, tax efficiency, and retirement comfort.
Read More
Saving Plan
5 Goals To Set This Independence Day For Your Financial Independ Thum Desktop
Goals to Set this Independence Day for Financial Independence
30 July '26
1892 Views
5 minute read
5 financial goals that will pave the way for your financial independence. Learn how can you achieve financial freedom for gaining benefits in the long run.
Read More
Saving Plan
Are Saving Plans A Good Investment Choice For You Thum Desktop
Are Savings Plans a Smart Investment for Your Financial Goals?
30 July '26
1374 Views
11 minute read
Savings plans secure your future and meet unique financial needs. Find out if choosing the best savings plan can help you achieve better results.
Read More
Saving Plan
Senior Citizen Savings Scheme Thum Desktop
Senior Citizen Savings Scheme (SCSS): Benefits & Eligibility
30 July '26
5630 Views
10 minute read
Learn what the Senior Citizen Savings Scheme (SCSS) is, how it works, interest rates, eligibility rules and why it is a popular low-risk option for retirees.
Read More
Saving Plan
Compound Interest Beat Inflation Thum Desktop
Public Provident Fund (PPF): Full Form, Scheme & its Benefits
30 July '26
2145 Views
12 minute read
The Public Provident Fund (PPF) scheme is a long-term savings scheme with interest rates and guaranteed returns. Understand the meaning of PPF account, scheme, and interest rate.
Read More
Saving Plan
How And Where To Invest To Get A Guaranteed Monthly Income Thum Desktop
How to Invest for Guaranteed Monthly Income: Expert Savings Plan Insights
30 July '26
882 Views
6 minute read
Get to know various life insurance cum saving plans, their interest rates, maturity duration and advantages to get a passive source of income periodically.
Read More
Saving Plan
Monthly Income Plans Thum Desktop
Monthly Income Plan: Best Investment Options for Regular Income
30 July '26
1995 Views
17 minute read
Understand what Monthly Income Plans are along with their types, features and benefits. Learn how to choose the best investment plan for steady and reliable monthly income for your future.
Read More
Saving Plan
5 Reasons To Go To Ulips For Building A Retirement Corpus Thum Desktop
5 Reasons to Use ULIPs for Building a Retirement Corpus
30 July '26
8508 Views
11 minute read
Learn five strong reasons why ULIPs are suitable for building a retirement corpus, offering long-term growth, flexibility, disciplined investing and life cover.
Read More
Retirement Plan
When Should You Buy an Annuity Plan in India?
When Should You Buy an Annuity Plan in India?
30 July '26
1050 Views
9 minute read
Learn the ideal age to buy an annuity plan, factors that influence timing such as retirement goals, income needs, interest rates, and how early purchase can impact payouts.
Read More
Retirement Plan
What Is Ppo Number Thum Desktop
What is a Pension Payment Order (PPO) Number in Healthcare?
30 July '26
901 Views
4 minute read
Learn what a PPO number is and its importance for pensioners. Learn how it helps track and manage your pension payments efficiently.
Read More
Retirement Plan
Old Tax Regime Thum Desktop
Old vs New Tax Regime: Things You Need to Know
30 July '26
6801 Views
10 minute read
Explore the new tax regime vs the old one and choose what suits you best. Learn key differences and gain valuable insights with Canara HSBC Life Insurance.
Read More
Tax Saving
Is Limited Pay Term Insurance Worth It?
Limited Pay Term Insurance Plan - Is It Worth It?
30 July '26
905 Views
6 minute read
Thinking about a limited pay term insurance plan? Get a complete breakdown of how it works, its pros & cons & whether it is the right choice for you.
Read More
chli:termPlan
Spouse Term Insurance Thum Desktop
Why Do Self-Employed Need Disability Term Insurance?
30 July '26
1094 Views
8 minute read
Learn how disability term insurance helps self-employed individuals protect income, manage expenses during disability, understand coverage types, payouts, and key factors to consider.
Read More
Term Insurance
When Is The Right Time To Invest In Ulips Thum Desktop
When Is the Right Time to Invest in ULIPs?
30 July '26
903 Views
8 minute read
When is the right time to invest in ULIP? Learn how timing, goals, and market conditions impact returns and why starting early can maximise long-term benefits.
Read More
Ulip
Buy the Best Term Insurance Plan Online
How to Buy the Best Term Insurance Plan Online in 5 Steps?
30 July '26
1305 Views
7 minute read
Ready to buy term insurance online? Follow these 5 easy steps to choose & buy the best term insurance plan online & secure your family's future today.
Read More
Term Insurance
Importance Of Taxes Thum Desktop
How to File ITR-6 Online For FY 2026-27? - A Easy Guide
30 July '26
1092 Views
5 minute read
Filing ITR 6 for AY 2026-27? Follow this detailed step-by-step guide to accurately file your income tax return and maximize tax benefits.
Read More
Tax Saving
Tax Collected at Source
What is Tax Collected at Source (TCS)? Payment, Exemption & Rates Explained
30 July '26
1181 Views
7 minute read
Not sure how TCS works? Get a complete breakdown of Tax Collected at Source, its applicable rates, payment process & exemptions for taxpayers in India.
Read More
Tax Saving
Presumptive Income Tax Filing
Presumptive Income Tax Filing - A Complete Guide
30 July '26
4248 Views
10 minute read
Learn all about presumptive income tax filing, its eligibility, key benefits & how it simplifies tax compliance for businesses & individuals in India.
Read More
Tax Saving
Importance Of Taxes Thum Desktop
Section 16 of the Income Tax Act 1961: Deductions from Salaries
30 July '26
1047 Views
4 minute read
Learn about Section 16 of the Income Tax Act, its deductions, benefits, and how it helps reduce taxable income with Canara HSBC Life Insurance.
Read More
Tax Saving
Importance Of Taxes Thum Desktop
How to Save Income Tax Benefits on Loans in India?
30 July '26
1184 Views
4 minute read
Discover how loans can help you save income tax in India. Learn about tax benefits on home, education, and personal loans with Canara HSBC Life Insurance.
Read More
Tax Saving
Spouse Term Insurance Thum Desktop
Who Should Choose Saral Jeevan Bima Term Insurance?
30 July '26
2386 Views
10 minute read
Understand who should opt for the Saral Jeevan Bima term insurance policy, including first-time buyers seeking simple, affordable life cover with standard features.
Read More
Term Insurance
Key ULIP Charges to Understand Before You Invest
10 ULIP Charges Explained: Allocation, FMC & Hidden Costs
30 July '26
1023 Views
6 minute read
Learn about ULIP charges including allocation, fund management & policy fees. Know how costs impact your returns.
Read More
Ulip
Importance Of Taxes Thum Desktop
What Is Form 16? Meaning, Benefits, and How to Download
30 July '26
4938 Views
9 minute read
Learn what Form 16 is, its components, how to download and use it for income tax filing, and why it is important for salaried taxpayers in India.
Read More
Tax Saving
Why It Important To Review Your Tax Strategy Thum Desktop
Why You Should Review Your Tax Strategy Annually?
30 July '26
28 Views
5 minute read
Stay ahead with an annual tax review. Maximize deductions, stay updated on tax laws, and optimize income tax e-filing with Canara HSBC Life Insurance.
Read More
Tax Saving
What Is Panic Selling In Market Downturns Thum Desktop
What Is Panic Selling? Meaning, Impact & How to Avoid It
30 July '26
1265 Views
11 minute read
What is panic selling? Learn its meaning, why investors panic during market crashes, its impact on returns & how to avoid costly mistakes.
Read More
Ulip
How To Save Money Without Feeling Thum Desktop
How to Create a Budget for ₹50,000 Salary?
30 July '26
1431 Views
9 minute read
Learn smart budgeting tips for a ₹50,000 salary. Discover how to manage expenses, save effectively, and achieve financial goals with simple saving strategies.
Read More
Saving Plan
Smart Financial Planning with PSI Method
Smart Financial Planning with PSI Method: Protect, Save & Invest
30 July '26
2708 Views
10 minute read
Begin financial planning early with the PSI method- Protect, Save, Invest. Learn smart money management strategies for your 20s, 30s, and beyond.
Read More
Personal Finance
Switching Funds Within A Ulip Thum Desktop
Inheritance Tax in India: What You Must Know
30 July '26
1327 Views
7 minute read
India has no inheritance tax, but income from inherited assets is taxable. Learn rules for property, capital gains, and exemptions.
Read More
Tax Saving
How To Handle Sudden Loss Of A Family Member Thum Desktop
Income Tax on Family Pension: What You Should Know
30 July '26
1026 Views
8 minute read
Understand how family pension is taxed under Indian law, what deductions you can claim, and how to file your income tax return accurately and efficiently.
Read More
Tax Saving
How To Budget For A Dream Vacation Thum Desktop
LTA Tax Benefits Explained: Claim Leave Travel Allowance Smartly
30 July '26
859 Views
6 minute read
Discover how Leave Travel Allowance (LTA) helps you save tax on domestic travel. Learn eligibility, exemption limits, and how to file claims under Section 10(5).
Read More
Tax Saving
Tax Implications Of Surrendering Insurance Policy Thum Desktop
Understanding Intimation Under Section 143(1) of the Income Tax Act
30 July '26
1168 Views
7 minute read
Learn the purpose of intimation under Section 143(1), its impact on your tax filing, and the steps to take if you receive a notice for refund or tax dues.
Read More
Tax Saving
Switching Funds Within A Ulip Thum Desktop
Section 54F: How to Claim Tax Exemption on Property
30 July '26
633 Views
7 minute read
Save tax on long-term capital gains with Section 54F. Learn how to reinvest property sale proceeds to claim exemption and reduce your tax outgo legally.
Read More
Tax Saving
Things You should Know Before Buying a Life Insurance
Things You should Know Before Buying a Life Insurance
30 July '26
6304 Views
10 minute read
Avoid common mistakes when buying life insurance online. Learn how to choose the right policy, coverage, and provider for long-term financial security.
Read More
Life Insurance
4 Savings Plans To Kickstart 2025 Financially
4 Savings Plans To Kickstart 2026 Financially
30 July '26
7651 Views
14 minute read
Start 2026 right with 4 savings plans that ensure retirement, family, and wealth security.
Read More
Saving Plan
17 Short-Term Investment Options
17 Top Short Term Investment Plans & Options in India for 2026
30 July '26
1344 Views
8 minute read
Explore 17 short‑term investment options in India for 2026. Compare choices that help you manage funds, earn steady returns, and meet near‑term financial goals
Read More
Saving Plan
All You Need To Know About Voluntary Provident Fund Thum Desktop
All You Need to Know About Voluntary Provident Fund (VPF)
30 July '26
4252 Views
9 minute read
Learn what a Voluntary Provident Fund (VPF) is, how it works, its benefits, tax advantages and why it’s a smart savings tool for future security.
Read More
Saving Plan
Spouse Term Insurance Thum Desktop
Should You Surrender Term Insurance If You Have No Liabilities?
30 July '26
891 Views
7 minute read
Learn whether you should surrender a term insurance plan when you have no liabilities, what factors to consider, and why keeping coverage may still matter.
Read More
Term Insurance
Beginners Guide To Savings And Investment Plan
How Should Beginners Start Savings and Investment Planning?
30 July '26
1105 Views
8 minute read
Learn how beginners can start saving and investing, understand basic plan types, goal setting, risk awareness, time horizon, and building disciplined financial habits.
Read More
Saving Plan
Types Of Financial Planning Thum Desktop
Purpose of Financial Planning and Control in Money Management
30 July '26
3896 Views
10 minute read
An explanation of financial planning and control, focusing on budgeting, monitoring expenses, managing resources, and supporting long-term financial stability.
Read More
Financial Planning
3 Benefits Of Health Insurance Plans For Senior Citizens Thum Desktop
Why Is Short-Term Health Insurance a Wise Option in India?
29 July '26
991 Views
8 minute read
Learn why short-term health insurance plans make sense for temporary needs, including affordability, quick coverage, flexibility, exclusions, and when they work better than long-term plans.
Read More
Health Plan
5 Most Ignored Facts Of Health Insurance Hero Thum Desktop
Health Insurance Basics: Commonly Overlooked Facts
29 July '26
890 Views
6 minute read
Five commonly overlooked aspects of health insurance, covering policy terms, coverage limits, waiting periods, and claim-related conditions.
Read More
Health Plan
Understanding Health Insurance
What is Health Insurance and How Can It Help You?
29 July '26
896 Views
8 minute read
A health insurance plan provides coverage against medical and surgical expenses incurred due to accidents, illness or any injury during a specified tenure.
Read More
Health Plan
3 Benefits Of Health Insurance Plans For Senior Citizens Thum Desktop
Health Insurance for Parents: Best Medical Insurance for Parents
29 July '26
886 Views
7 minute read
Parents are often the worst insured generation in the country, especially if they are senior citizens. However, you can provide health insurance for parents through your employer’s health insurance and separate policies as well.
Read More
Health Plan
Types Of Insurance Thum Desktop
What Is an Insurance Claim and How Does It Work in India?
29 July '26
918 Views
8 minute read
Learn what an insurance claim is, how the claim process works in life insurance, documents required, timelines involved, and steps to ensure a smooth and timely settlement.
Read More
Life Insurance
Will A Child Insurance Plan Really Ensure Your Childs Future Thum Desktop
Can a Child Insurance Plan Ensure Your Child’s Future Financially?
29 July '26
1110 Views
7 minute read
Child insurance plans are best investment plan for your child’s future. Learn how child insurance plans work to secure a child’s future through savings, life cover, education funding, and protection in case of parental contingencies.
Read More
Child Plan
Compound Interest Beat Inflation Thum Desktop
Why Do You Need Savings and Investment Plans in India?
29 July '26
1181 Views
11 minute read
Saving and Investment Plans help you plan your future expenses if you use your wealth. Learn why it's important, how they help achieve financial goals, build wealth, manage emergencies, and ensure long-term financial security.
Read More
Saving Plan
TDS Rate Chart for FY 2025-26 (AY 2026-27)
Latest TDS Rate Chart FY 2025-26 - Section-Wise Breakdown
29 July '26
1231 Views
7 minute read
Looking for the latest TDS rates? Check the complete TDS rate chart for FY 2025-26 (AY 2026-27) covering all sections, thresholds & applicable rates.
Read More
Tax Saving
Public Provident Fund Thum Desktop
How to Check Old Age Pension Status Online: State-Wise Guide
29 July '26
1055 Views
7 minute read
Step-by-step guide to checking your old age pension status online across all Indian states. Find application status, helpline numbers, and eligibility criteria.
Read More
Retirement Plan
Compound Interest Beat Inflation Thum Desktop
How to Choose the Right Long-Term Savings Plan?
29 July '26
886 Views
Compare key features, returns, flexibility, and risk factors to choose a long-term savings plan that matches your financial goals.
Read More
Saving Plan
What Do Saving Plans Do Not Cover Thum Desktop
What Do Savings Plans Cover and Exclude? Complete Guide
29 July '26
1040 Views
10 minute read
Learn what savings plans typically cover, key exclusions, and important factors to consider before choosing a plan for your financial goals.
Read More
Saving Plan
How Insurance Companies Make Money Thum Desktop
What Is Insurance Coverage? Meaning, Types & Benefits
29 July '26
1406 Views
8 minute read
Understand insurance coverage, how it works, different coverage types, and why selecting adequate protection is essential for financial security.
Read More
Life Insurance
Commuted Pension
Commuted Pension: Is It Taxable? Meaning, Rules & Calculation
29 July '26
4216 Views
10 minute read
Understand what commuted pension is, how it is calculated, whether it is taxable, and the rules for government and private sector employees in India.
Read More
Retirement Plan
Rebate Us 87a Thum Desktop
Section 87A Rebate FY 2026-27: ₹12,500 or ₹25,000?
29 July '26
2965 Views
9 minute read
Check eligibility, income limits & latest tax rebate under Section 87A for old & new tax regimes in FY 2026-27.
Read More
Tax Saving
Spouse Term Insurance Thum Desktop
How to Buy Term Insurance Online? Step-by-Step Guide
29 July '26
1878 Views
7 minute read
Discover how to compare, choose, and purchase term insurance online with ease while securing affordable life cover for your family.
Read More
Term Insurance
Spouse Term Insurance Thum Desktop
How to Enhance Your Term Insurance Coverage Effectively?
29 July '26
882 Views
6 minute read
Learn practical ways to strengthen your term insurance plan with riders, higher coverage, and periodic policy reviews.
Read More
Term Insurance
What Is Ulip Thum Desktop
Benefits of Buying Online ULIPs Over Offline Plans
29 July '26
4898 Views
9 minute read
Learn why buying ULIPs online can be better than offline, including lower costs, easy comparison, transparency, faster processing and greater convenience.
Read More
Ulip
Partial Withdrawal from ULIPs
ULIP Partial Withdrawal After 5 Years: Rules, Tax & Limits
29 July '26
3923 Views
6 minute read
Not every ULIP policyholder knows the rules around partial withdrawals. A clear breakdown of how it works, withdrawal limits & tax impact in India today.
Read More
Ulip
What Is Ulip Thum Desktop
What Is SIP? Benefits, Features & SIP vs ULIP Comparison
29 July '26
3901 Views
10 minute read
Understand what SIP is, its advantages, and how it compares to ULIPs for long-term investment and wealth creation.
Read More
Ulip
How does Withdrawals Work in ULIP?
ULIP Withdrawal After 5 Years: Rules, Limits & How It Works
29 July '26
2118 Views
6 minute read
ULIP withdrawals come with specific rules & conditions. Learn how withdrawals work, lock-in periods, and tax implications in India to manage your funds effectively and avoid penalties.
Read More
Ulip
What Are Market Linked Returns In Ulips Thum Desktop
What Are Market-Linked Returns in ULIPs? Meaning & Growth
29 July '26
1275 Views
5 minute read
What are market-linked returns in ULIP? Learn how investment performance impacts returns and how you can benefit from long-term growth.
Read More
Ulip
What Is Ulip Thum Desktop
Plan Long-Term Financial Goals with a ULIP Investment Plan
29 July '26
902 Views
Learn how a ULIP investment plan helps plan long-term financial goals through disciplined investing, market-linked growth, flexibility and life cover.
Read More
Ulip
What Is Ulip Thum Desktop
How to Maximise ULIP Returns? Smart Investment Tips
29 July '26
1157 Views
11 minute read
Learn proven strategies to maximise ULIP returns through fund selection, long-term investing, and effective portfolio management.
Read More
Ulip
Importance Of Taxes Thum Desktop
E-Filing - File Income Tax Returns (ITR) Online in India 2026
29 July '26
10367 Views
15 minute read
Learn how to file your income tax return online in India with a step-by-step ITR e-filing guide. Understand forms, documents, and the complete process easily.
Read More
Tax Saving
Importance Of Taxes Thum Desktop
Section 80CCD (1B): Deductions Under Section 80CCD of Income Tax Act
29 July '26
1865 Views
7 minute read
Learn about tax benefits under Section 80CCD (1B) for NPS contributions, including additional deductions under Section 80CCD(1B) to maximize your savings.
Read More
Tax Saving
Importance Of Taxes Thum Desktop
Income Tax Slab for Senior Citizens Above 60 Years - Guide 2026
29 July '26
2076 Views
7 minute read
Know the income tax slab for senior citizens above 60 years and tax slabs for senior citizens in India under old and new regimes.
Read More
Tax Saving
Importance Of Taxes Thum Desktop
Step by Step Guide to File ITR 4 (Sugam) Form
29 July '26
1094 Views
4 minute read
Filing ITR-4? Follow this step-by-step guide to file your tax return easily under presumptive taxation for small businesses & professionals.
Read More
Tax Saving
Importance Of Taxes Thum Desktop
Smart Investing for Tax Savings & Where to Invest to Save Tax?
29 July '26
992 Views
12 minute read
Maximize tax savings with smart investment options like ELSS, PPF, and insurance plans. Learn where to invest for tax benefits and long-term growth.
Read More
Tax Saving
Penalty for Late Filing of Income Tax Returns
Late ITR Filing Penalty in 2026 - What You Need to Know
29 July '26
1151 Views
7 minute read
Missing the ITR deadline can cost you heavily. Discover the penalties for late filing of income tax returns in 2026 & how to avoid them in India.
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Tax Saving
Importance Of Taxes Thum Desktop
How to Generate an E-Way Bill Online? Easy Guide 2026
29 July '26
1067 Views
6 minute read
Learn the step-by-step process to generate an e-way bill online, understand requirements, and ensure smooth GST compliance.
Read More
Tax Saving
Spouse Term Insurance Thum Desktop
Does Saral Jeevan Bima Covers Accidental Death?
29 July '26
898 Views
5 minute read
Saral Jeevan Bima is an affordable term insurance plan for your family’s financial safety need. Understand what is Saral Jeevan Bima, how it works and does it cover accidental death?
Read More
Term Insurance
Portfolio Management Strategies in ULIPs
What are the Main Portfolio Management Strategies in ULIPs?
29 July '26
1120 Views
8 minute read
Learn four popular ways to manage your ULIP portfolio, including fund allocation, switching, premium redirection, and regular reviews to align with changing financial goals.
Read More
Ulip
5 Mistakes to Avoid When Buying a ULIP Plan
5 Common ULIP Buying Mistakes You Must Avoid
29 July '26
1104 Views
5 minute read
ULIPs have emerged as an investment instrument that comes with dual benefits of insurance and investment. You also have the flexibility to fine-tune your returns with your risk appetite.
Read More
Ulip
What Is Ulip Thum Desktop
10 Wealth Creation Tips: Grow Money & Build Long-Term Wealth
29 July '26
4959 Views
6 minute read
Discover ten practical wealth creation tips to grow money steadily, manage risk wisely and stay focused on long-term financial goals through disciplined planning.
Read More
Ulip
Benefits of Buying the Best ULIP Online
5 Benefits of ULIP Plans: Advantages, Tax & Wealth Growth
29 July '26
1914 Views
8 minute read
ULIPs offer life cover & market-linked returns. Learn 5 key benefits and advantages of investing in the best ULIP online & achieve long-term goals.
Read More
Ulip
Importance Of Taxes Thum Desktop
Tax Deduction on Salary: How to Deductions to Salary Components?
29 July '26
1444 Views
5 minute read
New to salary components? Learn how to calculate tax deductions on your salary in India with Canara HSBC Life. Understand key components and maximize your tax savings effectively.
Read More
Tax Saving
Importance Of Taxes Thum Desktop
Section 80GG: How to Claim HRA Tax Deduction Without HRA?
29 July '26
1941 Views
10 minute read
Save tax on rent with Section 80GG of Income Tax Act 1961! Learn how to claim deductions, eligibility criteria & how to reduce your tax liability effectively.
Read More
Tax Saving
What is DigiLocker?
What Is DigiLocker? Features, Benefits & How to Use It
29 July '26
2392 Views
10 minute read
Learn how DigiLocker works, how to store documents securely online, and the benefits of using India's digital document platform.
Read More
Personal Finance
How To Process Life Insurance Claims Thum Desktop
How to File and Process a Life Insurance Claim Easily?
29 July '26
915 Views
5 minute read
Understand the life insurance claim process, required documents, timelines, and tips for a smooth claim settlement experience.
Read More
Life Insurance
How To Save Money Without Feeling Thum Desktop
How to Save Money While Enjoying Life? Practical Tips
29 July '26
2129 Views
7 minute read
Learn smart saving habits and investment strategies that help you achieve financial goals without compromising lifestyle choices.
Read More
Saving Plan
What To Do If You Have No  Dependents Thum Desktop
Do You Need Term Insurance If You Have No Dependents?
29 July '26
1527 Views
8 minute read
Find out whether term insurance is worth buying without dependents and how it can support future financial and estate planning needs.
Read More
Term Insurance
What is the Meaning of Policyholder?
What is the Meaning of Policyholder? Definition & Importance
29 July '26
1271 Views
7 minute read
Learn the meaning of a policyholder, its role, and its importance in life insurance. Understand key responsibilities and benefits. Read more!
Read More
Life Insurance
Impact Of Ulip Lock In Period On Liquidity Thum Desktop
What Is ULIP Lock-in Period? 5-Year Rule & Withdrawal Impact
29 July '26
1679 Views
5 minute read
What is ULIP lock-in period? Learn the 5-year IRDAI rule, withdrawal limits & how it impacts liquidity and financial planning.
Read More
Ulip
Impact Of Market Performance On Ulip Returns Thum Desktop
ULIP Returns: Market Impact & How to Maximize Growth?
29 July '26
1158 Views
7 minute read
Learn how market cycles affect ULIP returns and discover strategies to maximize growth and improve long-term investment performance.
Read More
Ulip
Why Low Cost Ulips Are Best For Lon Thum Desktop
Why Low-Cost ULIPs with ROMC Are Best for Long-Term Investors?
29 July '26
1232 Views
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Frequently Asked Questions

Buying a life insurance plan with adequate coverage can be a financial cushion for your family. It ensures that the family's lifestyle and goals are not compromised due to unfortunate events such as death or disability. 

 

Some life insurance plans, like Unit Linked Insurance Plans (ULIPs), offer wealth creation opportunities to policyholders, along with life coverage. These plans let you invest your premiums in different securities, like equity, debt, and more, to enjoy the benefits of inflation-beating returns. 

Life insurance policies offer valuable tax benefits, enabling you to enhance your returns and accumulate savings. The premiums paid for the policy qualify for deduction under Section 80C of the Income Tax Act, 1961, up to ₹ 1.5 lakhs annually, subject to certain conditions. Furthermore, the funds withdrawn from the policy after the lock-in period and the maturity value received from life insurance plans are also tax-free. 

  

Your source of income will no longer exist with you after retirement. It is crucial to have enough money saved up so that, when you retire, you won't need to worry about anything. Together with a steady income stream, retirement plans offer life insurance.