Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited was launched in June 2008 and is jointly owned by two of the leading public sector banks - Canara Bank (51%) and Oriental Bank of Commerce (23%) and HSBC Insurance (Asia Pacific) Holdings Limited (26%), the Asian insurance arm of one of the world's largest banking and financial services group - HSBC. The Company has access to over 115 million customers and a pan-India network of over 10,000 branches of bank partners.
The formidable distribution strength and in-depth local market knowledge of Canara Bank and Oriental Bank of Commerce coupled with the considerable insurance experience of HSBC make Canara HSBC Oriental Bank of Commerce Life Insurance an unparalleled union of financial strength, expertise and most importantly "Trust".
The vast infrastructure of all the banks enables distribution and accessibility of insurance products across the entire country, leading to greater convenience for customers and increasing insurance penetration across the markets (urban, semi urban, rural) of the country thus, contributing to the protection needs of the consumer. Our comprehensive product suite caters to multiple customer needs spanning across retirement accumulation & guaranteed lifetime income, savings for child education, comprehensive protection through online and offline plans, savings through guaranteed endowment and customized solutions for high net worth individuals.
Our primary focus while offering products is to ensure that customer needs are met through their life cycle. The financially affordable solutions cater to each of the customer segments and are backed by quality service with an unflinching resolve to remain engaged with the customer through our relationship.