Canara HSBC was launched on 16th June 2008 as a venture between Canara Bank holding 51% of the company, HSBC Bank holding 26% of the company and Oriental Bank of Commerce with 23% of the holding.The company has a combined experience of the three founding banks of over 300 years in the financial sector of India.Read more
*Tax benefit is subject to changes in tax laws.
**All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
The business strategy followed by them testifies their understanding of the market especially when it comes to looking for a bank partner or scaling up their bancassurance channels.
Canara HSBC currently offers only one type of Term Insurance Plan called the eSmart Term Plan. The plan offers various features and benefits to the policyholder at very cheap rates. Let us take a detailed look at the plan
Your premium is decided on age at which you buy the policy and remains same, throughout your life
Premiums can increase between 4-8% each year after your Birthday
Your policy application could be rejected or premiums increase by 50-100%, if you develop a lifestyle disease
A traditional term insurance plan which can be bought online. The features and benefits of the plan are as follows:
|Entry Age||18 years||70 years|
|Maturity Age||-||75 years|
|Policy Term (in multiples of 5 years)||5 years||40 years|
|Premium Payment Term||Equal to policy term|
|Premium Payment Frequency||Yearly|
For the online payment mode, the policyholder can pay via;
Alternatively, you can contact toll free: customer care toll free number 1800-103-0003 or 1800-180-0003 (MTNL/ BSNL) to inquire about the policy status.
You can send an SMS to 09779030003 to inquire the policy status as well.
Step1: Enter your Client ID and Date of Birth to login into e-portal
Step2: Choose the policy for which you want to pay
Step3: Select the payment option – Debit/Credit Card or Net Banking to pay
Step 4: Upon successful payment completion print/save the premium deposit receipt
Alteranatively, you can pay via cash/cheque at any of the nearest branch.
Call Toll free: 1800-103-0003 or 1800-180-0003 (MTNL/ BSNL) to inquire on how to pay offline.
Call toll free number: 1800-103-0003 or 1800-180-0003 (MTNL/ BSNL) to know more.
04 May 2022Term insurance is the pure protection life insurance plan that...
04 May 2022A homemaker’s contribution to the household is uncountable and...
04 May 2022Aegon Life iTerm Forever Insurance is whole life term insurance...
04 May 2022Term insurance is a pure and simple life insurance product. When...
04 May 2022Keeping your family members secured against any unfortunate...