Online iSelect Term Insurance from Canara HSBC OBC Life Insurance
Long-term Financial Security
Get life cover up to age 80 with inbuilt covers
Option to secure your partner's future
Option to increase your cover by 25% every 5 years to fulfil changing needs
Family's Monthly Expenditure
Option to receive death amount as regular monthly income to cover for family's monthly expenses
Find out how much life insurance you need
Multiple Pay-out Options
Choose from a range of pay-out options as per your needs
Death/ Terminal Illness Cover
Get protection against unfortunate death of the life insured
Accidental Death Cover
Get respective benefits in case of accidental death of the life insured
Accidental Total and Permanent Disability Cover
Sum assured will be paid in case the life insured suffers from accidental total and permanent disability
Avail tax benefit on the premium paid
How it works
Rahul is a 34-year old professional, who is married and blessed with two children.
He opts for iSelect Term Plan with Sum Assured of Rs.1.5 crore for a term of 26 years & death benefit to be paid out monthly for a period of 10 years to his family.
His premium is Rs.10,818/- per annum or just Rs.974/- per month (excluding GST)*.
In case of Rahul's untimely demise during the term of the policy, his family will receive equal monthly installments of Rs.151,350 for 120 months*