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Accidental Death Benefit Rider

Accidental Benefit Rider (Linked)

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About Accidental Benefit Rider (Linked)

A Non-Linked Non-Participating Individual Pure Risk Premium Rider  

UIN: 136A016V01

You plan to protect the financial future of your family. You have bought a life insurance policy which ensures long-term benefits for you and your family. However, life is full of uncertainties. Should you suffer a serious injury resulting in a disability or death due to an accident, the financial consequences for you and your family can be devastating. A little planning in this regard goes a long way for financial protection.

Presenting ‘Canara HSBC Life Insurance Accidental Benefit Rider (Linked)’ - a Non-Linked Non-Participating Individual Pure Risk Premium Rider, with which can enjoy adequate round-the-clock protection and ensure that your loved ones continue to fulfil their life aspirations.

 

Plan Options

Depending on your protection needs, you can select your plan option (any one or both) from the following available options under this product:

Accidental Death Benefit

Secure your family’s future financially in case of Accidental Death

  • Get Lumpsum on Death due to Accident
  • Flexibility to receive Maturity Benefit as Return of Premium
  • Option to get up to 3 times of Base Sum Assured
  • Tax Benefits as per applicable laws

 

 

Accidental Total & Permanent Disability

Protect yourself financially against Total & Permanent disability due to Accident.

  • Get Lumpsum on the occurrence of Total and Permanent Disability due to Accident
  • Flexibility to receive Maturity Benefit as Return of Premium
  • Tax Benefits as per applicable laws

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Rider Document
Brochure

1. Mr Satyanarayana Raju Kalidindi

Designation - Chairman & Non-Executive Director

 

Mr Satyanarayana Raju Kalidindi is the Chairman and Non-Executive Director of our Company. He has been nominated on our Board by Canara Bank. He has been a Director since July 6, 2022. He holds a bachelor’s degree in science from Faculty of Science, Andhra University, Andhra Pradesh and a master’s degree in business administration (banking and finance) from the Indira Gandhi National Open University. He is also an associate of Indian Institute of Bankers. He has over 34 years of experience in the banking industry. Currently, he is the managing director and chief executive officer at Canara Bank. Previously, he was an executive director at Canara Bank and was also associated with erstwhile Vijaya Bank, which amalgamated with the Bank of Baroda, where he served in multiple capacities including as the branch head and regional head in certain cities, zonal head, Mumbai and chief general manager. He has also served as a director at BOBCARD Limited (formerly BoB Financial Solutions Limited), a subsidiary of Bank of Baroda.