Multiple plan options offer regular income to take care of both long-term and short-term financial goals
Guaranteed regular income up to 99 years of age to meet retirement expenses1
Assured Loyalty Addition(s) is the additional benefit accrued on each monthly Policy Anniversary in the last 5 years of the Policy Term
Premiums will be waived and income will be paid as planned in case of death or Accidental Total & Permanent Disability (ATPD) of the life assured with Guaranteed Income and Guaranteed Long-term Income options.
Choose from multiple income frequencies like Annually/Half Yearly/Quarterly/Monthly.
At India Insurance Summit and Awards 2020, Mumbai
₹20,5865 crores as on 31st Jan 2021
98.12% Individual death claims6 settled in FY 2019-2020
When this year I had a monetary problem in the family I had to withdraw part payment, the customer service team told me it will take 7 days but it only took 3 days. This made me really happy that I took this policy.
Promise is all about faith. My family has faith in me. Similarly, I have faith that Canara HSBC Oriental Bank of Commerce Life Insurance will help me protect my family even in my absence.
A promise is a thing of faith. With Canara HSBC Oriental Bank of Commerce Life Insurance, we are confident that we will be able to keep our promises to each other.
With Canara HSBC Oriental Bank of Commerce Life Insurance, I will not only meet the financial requirements for my daughter’s wedding but also for various other life goals.
A promise has to be fulfilled. We had promised our son to send him abroad for education. We sent him there and fulfilled our promise. He also returned to India after completing his education as he had promised. Canara HSBC Oriental Bank of Commerce Life Insurance helped us fulfill our promise with Child Future Plan.
The customer service staff always gives a quick response. Usually, we get a personal message within 5-10 minutes of the query. Also, Canara HSBC Oriental Bank of Commerce Life Insurance has done systematic management of investments, which helps our money to grow.
Keeping my promises is a priority for me. Canara HSBC Oriental Bank of Commerce Life Insurance has ensured that my second innings will be as beautiful as my first.
Guaranteed Income4Life is a highly customisable life insurance plan that offers various flexibilities in terms of premium payment. You can choose to pay premiums Annually, Half Yearly, Quarterly, Monthly depending on your preference.
The nominee will receive the Sum Assured on Death in addition to accrued Assured Loyalty Addition(s), if any, in case the Life Assured dies during the policy term if Premium Protection Cover is not opted.
With the Premium Protection Cover option, the nominee will receive Sum Assured in case of demise of the policyholder. On maturity, regular income based on the income period and income frequency selected shall be payable.
Accidental Total and Permanent Disability (ATPD) Benefit is offered, during policy term (Single Life), if Premium Protection Cover (PPC) is chosen. In such a scenario, all future premiums are waived off with all the benefits accruing as if the policy was in-force. Additionally, maturity benefit paid as regular income payouts during income period and as per policy chosen
In case of subsequent death of life assured during Policy Term
The length of income period varies according to the option that you choose while buying Guaranteed Income4Life.
Yes. Guaranteed Income4Life is a life insurance cum savings plan that offers maturity benefits, which is paid out to you as guaranteed income in frequency chosen by you while opting for the plan. You can build a corpus that will be returned. You can save for the rainy days well ahead to protect your loved ones and yourself.
Guaranteed Income4Life is a non-linked non-participating individual life insurance savings cum protection plan that offers guaranteed benefits. Here are a few factors that must be taken into account before buying this plan:
*COVID-19 claims are subject to terms and conditions of policy and extant regulatory framework.
Trade Logo of Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited (Insurer) is used under license with Canara Bank, HSBC Group Management Services Limited and Oriental Bank of Commerce.
The Insurance products are offered and underwritten by Insurer (IRDAI Regn. No. 136) having its head office at Canara HSBC Oriental Bank Of Commerce Life Insurance Company Limited, 139 P, Sector - 44, Gurugram - 122003, Haryana, India.
For more details on risk factors, terms and conditions please read the Sales Brochure carefully before concluding a sale.
Corporate Identity No.-U66010DL2007PLC248825 Website: www.canarahsbclife.com
Call (Toll free no.): 1800-103-0003/1800-180-0003
Missed Call: 0124-6156600
• IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.