To Buy: 1800-258-5899 (9:30 AM to 6:30 PM)

|

customerservice@canarahsbclife.in

|

Locate Branch

Login
Search Button

iSelect Guaranteed Future

iSelect Guaranteed Future

A Non-Linked Non-Participating Individual Savings Life Insurance Plan.

Check Premium
iSelect Guaranteed Future

Speak to an insurance specialist now!

Annual Income (In Lacs)

Meet our Advisor

About iSelect Guaranteed Future

A Non-Linked Non-Participating Individual Savings Life Insurance Plan

UIN 136N081V01

Your family is your responsibility and you want to do your best. Whether it's your child's education, family vacation, a new car or your dream house. You should be financially prepared to realize these dreams. As living expenses increase, it becomes important to have an additional source of income to achieve these important goals. You also want that your family is financially prepared and their needs and goals are taken care off even if you are not around tomorrow.

Presenting Canara HSBC Life Insurance iSelect Guaranteed Future, a plan that helps you with an alternate source of savings to take care of your financial goals and plan for a stress free life along with the added benefit of protection against the uncertainties of tomorrow.

Choose from our top plans

Depending upon your financial need, you can select your plan option (any ONE) from the following available options under this product.

iAchieve and Flexi iAchieve

Protection for your loved ones

Gift of Guarantee with Guaranteed Maturity Benefit

Boost your Maturity Benefit with Guaranteed additions

Payor Premium Protection Cover to secure your family’s future

Tax benefits may be available as per prevailing Tax Laws

iAssure and Flexi iAssure

Financial protection against life uncertainties

Get Guaranteed Benefits with Guaranteed Income along with a Guaranteed Maturity Benefit

Guaranteed Income Payouts to take care of recurring expenses in the near future

Boost your Maturity Benefit with Guaranteed additions

Payor Premium Protection Cover to secure your family’s future

Tax benefits may be available as per prevailing Tax Laws

Easy iAchieve

Pay once and enjoy protection for the entire Policy Term

Gift of Guarantee with Guaranteed Maturity Benefit

Flexibility to choose your life cover i.e. 10 or 1.25 times the Single Premium

Tax benefits may be available as per prevailing Tax Laws

iAchieve and Flexi iAchieve

Why Buy

  • Protection for your loved ones: Life cover throughout the policy term
  • Gift of Guarantee: Guaranteed Maturity Benefit to take care of your financial dreams and goals
  • Boost your Maturity Benefit: Guaranteed additions accrue during the last five policy years to enhance your policy’s benefits
  • Payor Premium Protection Cover1: Your family’s future will be secured even if you are not around tomorrow to pay your premiums
  • Pay as you like: Choose to pay premiums for 5,7, or 10 years aligned to your financial goal
  • Tax benefits may be available as per prevailing Tax Laws

1Available under iAchieve plan option

Death Benefit


For iAchieve:

Where Life Assured and Policyholder are the same:

  • Sum Assured on Death; PLUS
  • Accrued Guaranteed Additions, if any; PLUS
  • High Premium Addition, if any

If the optional Payor Premium Protection Cover has been chosen, Sum Assured on Death will be paid.

All future premiums payable thereafter will be waived off and the Policy continues till the end of the Policy Term with all future benefits intact.

Where Life Assured and Policyholder are different:

On death of the Life Assured the death benefit payable will be equal to:

  • Sum Assured on Death; PLUS
  • Accrued Guaranteed Additions, if any; PLUS
  • High Premium Addition, if any

On death of the Policyholder:

If the optional Payor Premium Protection Cover has been chosen, all the future premiums payable shall be waived off and the policy shall continue as in-force till the end of the Policy Term with all the future benefits intact.

For Flexi iAchieve:

  • Sum Assured on Death; PLUS
  • Accrued Guaranteed Additions, if any; PLUS
  • High Premium Addition, if any

Maturity Benefit


  • Guaranteed Sum Assured on Maturity; PLUS
  • Accrued Guaranteed Additions; if any PLUS
  • High Premium Addition, if any

Loan Facility

To meet any contingent need, you may avail the loan facility in this plan, once the policy acquires a Surrender Value.

Tax Benefit

You may be entitled for tax benefits in accordance with the provision of Income Tax Act, 1961 as amended from time to time. Please consult your independent tax advisor for tax related queries.

You can customize the policy to suit your financial goals and requirements in just 4 simple steps:

Step 1: Choose how much you want to save to contribute towards your goal. This is your premium.

Step 2: Choose your Premium Payment Term (PPT)/ Policy Term (PT) and premium payment mode basis your financial horizon.

Step 3: Choose Payor Premium Protection Cover, if required by you1

Step 4: The Guaranteed Additions in this plan will be determined on the basis of your age and the options chosen above and will be payable at Maturity along with Guaranteed Sum Assured on Maturity and High Premium Addition, if any.

1Available under iAchieve plan option

EXAMPLE FOR iAchieve


Case Study1: Age 35 years,Policy Term20 years, Premium Payment Term 10 years and yearly premium payment frequency.

Scenario 1: Maturity Benefit

Scenario 2: Death Benefit

In case of unfortunate death at the end of 12thpolicy year:

Parameters Minimum Maximum
Entry Age of Life Assured as on Last Birthday (In years) 0 years 65 years*
Maturity Age of Life Assured as on Last Birthday (In years) 18 years 80 years**
Premium Payment Term & Policy Term (in years)
Premium Payment Term Policy Term
5 10, 15
7 12, 14
10 15, 20
Annualised Premium (in Rupees) 20,000 No limit (Subject to Board Approved Underwriting Policy of the Company)
Guaranteed Sum Assured (in Rupees) 2,20,000 No limit (Subject to Board Approved Underwriting Policy of the Company)
Premium Payment Mode Annual, Half-Yearly, Quarterly & Monthly modes are available.

*Where Payor Premium Protection Cover has been chosen, Maximum Age at entry is 55 years is applicable for both the Life Assured as well as the Policyholder. In all other cases, the above criteria are applicable for the Life Assured.**Where Payor Premium Protection Cover has been chosen, Maximum Maturity Age is applicable for both the Life Assured as well as the Policyholder. In all other cases, the above criteria are applicable for the Life Assured.

iAchieve - Sourced through POS


Parameters Minimum Maximum
Entry Age as on Last Birthday (In years) 0 years 55 years
Maturity Age as on Last Birthday (In years) 18 years 65 years
Premium Payment Term & Policy Term (In years)
Premium Payment Term Policy Term
5 10, 15
7 12, 14
10 15, 20
Annualised Premium (in Rupees) 20,000 2,25,000
Guaranteed Sum Assured (in Rupees) 2,20,000 25,00,000
Premium Payment Mode Annual, Half-Yearly, Quarterly & Monthly modes are available.
Online Plans Pay Premium Get a Call Contact Us