Canara HSBC Invest 4G

Canara HSBC Invest 4G Plan Details:

Benefits of Canara HSBC Invest 4G

Canara HSBC Invest 4G Plan has the following core benefits to offer:

Death Benefit

• Life Option/ Century Option: The greater of sum assured or the Fund Value will be payable
• Care Option: Upon the insured's death, a lump-sum payment gets paid

Maturity Benefits 

One can get the Fund Value on the maturity of their Canara HSBC Invest 4G Policy.

Portfolio Management Options 

One can choose any one of these eight funds as per their risk preference:

• Emerging Leaders Equity Fund
• Equity II Fund
• India Multi-Cap Equity Fund
• Growth Plus Fund
• Large Cap Advantage Fund
• Balanced Plus Fund
• Debt Fund
• Liquid Fund

Alternatively, you get to select among the four options for wealth-creation and portfolio management:

• Systematic Transfer Option (STO)
• Return Protector Option (RPO)
• Auto Funds Rebalancing (AFR)
• Safety Switch Option (SSO)
• Loyalty Additions
• Wealth Boosters

Tax Benefits

Tax benefits under the policy are subject to amendments in prevailing tax laws.*

*Tax benefit is subject to changes in tax laws.

The Premium for Canara HSBC Invest 4G

The Canara HSBC Invest4G premium amounts for the different cover options are:

Life Option

Single-Premium: 1,00,000*

Annual Premium: 24,000

Half-Yearly- 12,000

Quarterly- 6,000

Monthly- 2,000

*Standard T&C Apply

Care/Century Option

Annual Premium- 48,000

Half-Yearly- 24,000         

Quarterly- 12,000

Monthly- 4,000

Maximum Premium: No Limit

Moreover, people can utilize the Canara HSBC Invest4G calculator to get an estimate about the premium sum.

Additional Riders for Canara HSBC Invest 4G

The Canara HSBC Invest4G policy does not come with any riders. However, there are options to manage your portfolio with Premium Funding Benefit, Systematic and Milestone withdrawals, and multiple portfolio management options.

Eligibility for Canara HSBC Invest 4G

• Life Option
  • Entry age- 0 to 65 years
  • Maturity- 18 to 80 years
• Care option
  • Entry age- 18- 50 years
  • Maturity age- 28- 80 years
• Century Option
  • Entry age- 18- 65 years
  • Maturity age- Up to 100 years

What are the Documents required to Buy this Policy?

To buy Canara HSBC Invest4G, prospectors require:

• Proof of identity: AADHAR card, passport, PAN card, driving license, or Voter ID Card
• Age Proof: To verify if you are eligible for a policy
• Proof of Address: In the form of a passport, PAN card, and other documents
• Income Proof: Form 16 or Income Tax returns
• Medical Reports
• Photographs

How to Buy this Plan Online?

A common myth of insurance buying is that it is a long process requiring a ton of paperwork. Fortunately, you can buy Canara HSBC Investing4G online. Here's the method to purchase it:

Step 1: Visit the insurer’s website.

Step 2: Enter your name, email ID, and mobile number.

Step 3: Agree to the Privacy Policy.

Step 4: Click "Contact Me," and a call back will get arranged for you at the earliest.

You can also approach Policy bazaar and provide your details for purchase assistance.

Exclusions for Canara HSBC Invest 4G

Canara HSBC Invest 4G reviews are predominantly favourable. Moreover, it is a comprehensive plan giving both savings and opportunities for wealth creation. There is exclusion: the suicide exclusion, which states that the Policyholder is entitled to the Fund Value if death due to suicide occurs within 12 months of commencement. The policy terminates after that.

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