Canara HSBC Term Insurance Calculator 2025

Canara HSBC Term Insurance Calculator 2025 is a simple and effective online tool that helps you estimate the right life cover and premium for your needs. With just a few basic details like age, gender, and desired coverage, the calculator gives you a quick premium quote, making it easier to plan your financial protection. In 2025, as living costs and responsibilities continue to grow, having an accurate estimate of how much coverage you need is crucial. This tool not only saves time but also ensures that you make an informed decision while choosing a term insurance plan tailored to your family’s financial security.

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₹1 Crore Life cover starting from ₹403/month+
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Note: Know more about what is term life insurance first before reading this article.

What is the Canara HSBC Term Insurance Calculator 2025?

The Canara HSBC Term Insurance Premium Calculator is a type of term insurance calculator that helps estimate the premium amount that a policyholder would end up paying regularly for their chosen term insurance plan.

Moreover, the Canara HSBC term insurance calculator will help you in evaluating the total premium that you would eventually end up with during the purchase of the term plan. With the Canara HSBC term insurance calculator, you can also make an informed decision and select the plan with the suitable features that offers maximum coverage at cost-effective premium rates.

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 13/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

What Are The Benefits Of Using Canara HSBC Term Insurance Calculator 2025? 

Here are some of the benefits of using Canara HSBC Term Insurance Calculator 2025:

Customised Results

The Canara HSBC term plan calculator requires you to input details like age, sum assured required, and policy term, and it offers customised premium estimated results suited to your needs and profile.

Makes everything clear

The calculator of Canara HSBC term insurance will show customers the exact premium amount they need to pay. This will remove all the doubts from the customer's mind regarding the premium amount and avoid any misunderstanding.

Helps in Financial Planning

With all the necessary information on hand, customers can plan their finances in advance. This will be a great advantage for any customer because every customer has their own needs and preferences. This will help customers to choose the term plan which is most appropriate for them.

Saves a lot of time

Using the term insurance calculator, customers can save their precious time by avoiding the struggle of searching and analysing term plans individually from several sources. Customers can get all the required data in one place.

Comparison of Various Plans

Customers can compare term insurance plans based on the criteria such as premium amount, duration of the term plan, and the cover they will receive. All this information is very crucial to make the right decision before buying a term plan.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%#

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

What Information Is Required While Using Canara HSBC Term Insurance Calculator 2025?

The following information is required while using the Canara HSBC Life Insurance Calculator.

  • Age

  • Gender

  • Tobacco habits

  • Cover till age

  • Life cover required

Life Insurer Details

How To Use Canara HSBC Term Insurance Premium Calculator?

Canara HSBC Term Insurance premium calculations are quick, hassle-free and simple with the online premium calculator that is provided here. Listed below are the detailed steps to use the Canara HSBC term plan premium calculator 2025:

Step 1: Visit the Term Insurance Calculator page of Policybazaar

Step 2: Select your gender, age, and tobacco habits

Step 3: Enter your required life cover and policy term

Step 4: Click on ‘View Plans’ and select the Canara HSBC Term Plan from the available list

What Are The Factors Affecting Premium Rates Of Canara HSBC Term Insurance Policy?

There are various factors that determine the premium rate of the Canara HSBC Term Insurance policy. These factors are listed below:

  • Age: If policyholders are young, they have a low risk of death hence low premium rates for them, and as the age increases, so the premium rates.
  • Gender: There is scientific proof that women have a longer life expectancy than men, and due to this, the insurer allows women lower premium rates compared to men because of less risk involved.
  • Occupation: Every profession has its own risk. A person working in a firefighting department is exposed to more risk than a teacher. Keeping this in mind, the premium rates vary for each profession.
  • Duration of the policy: The time period of the policy is one of the main factors that affect the premium rates. The longer the time period of the policy means the insurer has to bear more risk.
  • Medical History of the policyholder: If a policy holder in the past has suffered from some chronic disease, there are chances that this disease can come back in the future. By considering this fact, the premium rates can be higher for some kind of disease.
  • Smoking and Drinking: Suppose a policyholder has the habit of smoking or drinking or both, then the risk of lung and liver diseases increases. So, to cover that, the policyholder has to pay higher premium rates.
  • Policyholder’s Health Status: The insurer checks the health status of the policyholders before presenting the premium rates to them. This is done to check the fitness level of the p Diabetes patients are more vulnerable to heart and kidney diseases. So, the premium rates are relatively higher for them.

Wrapping It Up!

The Canara HSBC Term Insurance Calculator 2025 makes it easier for you to choose the right term plan. It gives you clear premium details, helps you compare plans, saves time, and even suggests coverage based on your needs. With all this information in one place, you can plan your finances better and make a confident decision. Using the calculator before buying a policy ensures that you pick a plan that truly matches your family’s requirements and secures their future without any confusion.

Note: Check out the best term life insurance in India and choose one that suits your requirements.

FAQs

  • Q. Can a customer buy more than one term plan?

    Yes, customers can buy more than one term plan according to their needs and requirements. One term plan may not be enough for some customers to cover their life goals in such scenarios; they can go for multiple plans.

  • Q. What are Life Insurance Riders?

    Riders can be defined as the additional benefits attached to the term plan to increase the insurance coverage of the policy. Some examples of riders are Premium Waiver rider, Accidental death insurance rider, Critical illness rider, Accidental Permanent and Partial Disability rider.

  • Q. What are the different options available to pay premiums?

    To make term plans more flexible for customers, the insurer provides certain types of options to the customer to pay their premium amount. The options available are:

    • Regular Payment method: customers can choose to pay on a monthly, quarterly, half-yearly, and annual basis.
    • Lump Sum payment method: if customers want, they can pay their premium in a single payment.
    • Limited payment method: Customers can choose a specific time period like 5, 10, 20 years depending upon the term plan to pay their premium.
  • Q. What is the appropriate age to buy term insurance?

    It is advised to buy term plan as soon as possible because one needs to pay lower premium when one is young.

  • What are the benefits of term life insurance?

    Ans: Here are 4 common term insurance benefits:
    • Low premium rates
    • Tax Benefits
    • Death Benefit
    • Long term coverage
Premium By Age

˜The insurers/plans mentioned are arranged in order of highest to lowest Sum Assured(SA) offered by Policybazaar’s insurer partners offering term insurance plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

Rs. 400/month is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 400/month (Rs.13/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 230 is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 8/day is starting price for a 50 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 12/day is starting price for a 75 lakhs term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

+Rs. 497/month is starting price for a 1.5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 487/month is starting price for a 2 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 626/month is starting price for a 3 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 905/month is starting price for a 5 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,267/month is starting price for a 7 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

*The full refund of premium is available on availing the one-time option of refund of premium. Total premium paid for policy (paid for add-ons) will be the special exit value, payable on availing the one-time option of refund of premium if you wish to completely exit the policy.

+Rs. 447/month is starting price for a 1 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs.679/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 910/month is starting price for a 3 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,374/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

+Rs. 1,924month is starting price for a 7 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 30 years of age.

Women

+Rs. 400/month is Starting price for a 1 crore term life insurance for an 18 year-old Female, non-smoker, with no pre-existing diseases, cover upto 30 years of age, rounded off to nearest 10.

Rs. 461/month is the starting price for a 1 crore term life insurance for an 24 year-old female, non-smoker, with no pre-existing diseases, cover upto 54 years of age.

1,642/month is the starting price for a 1 crore term life insurance for an 44 year-old female, non-smoker, with no pre-existing diseases, cover upto 74 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

© Copyright 2008-2025 policybazaar.com. All Rights Reserved

˜ Policybazaar Promise reflects the guarantee offered by insurers. Price assurance is based on certifications shared by insurers with us.

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Canara HSBC Term Insurance Plans Reviews & Ratings

4.5 / 5 (Based on 33 Reviews)
(Showing Newest 10 reviews)
Dileep
Tamil Nadu, July 22, 2024
Simple and Reliable
PNB MAS was simple to purchase and offered reliable coverage. The process was straightforward, and the support team was very helpful.
Jitender
Maharashtra, July 22, 2024
Quick and Detailed
Quick and detailed process on Policybazaar helped me pick SBI Life without any delays.
Sheak
Gujarat, July 22, 2024
Affordable and Reliable
I found an affordable and reliable term insurance plan from Canara HSBC through Policybazaar.
Prem
Uttar Pradesh, July 16, 2024
Personalized Solutions
Policybazaar offers personalized solutions for term insurance, catering to individual needs and preferences. Found the perfect plan tailored to my requirements. Highly recommend.
Bhawna
Rohtak, April 07, 2021
For long term basis
I took this term insurance plan online and have been a great customer of canara hsbc and policybazaar. It’s been a wonderful plan for a long term basis. All thanks to both the team for giving such support.
Atul
Nawabganj, April 05, 2021
View best quotes
Recently I bought this term plan from the canara hsbc term insurance company and I viewed various quotes related to the same. I have check the quotes and have used the premium calculator for my plan. I really liked it. Thanks team policybazaar.
Dileep
Barpali, March 30, 2021
For long term basis
I took this term insurance plan online and have been a great customer of canara hsbc and policybazaar. It’s been a wonderful plan for a long term basis. All thanks to both the team for giving such support.
Shakib
Lowada, March 23, 2021
View best quotes
Recently I bought this term plan from the canara hsbc term insurance company and I viewed various quotes related to the same. I have check the quotes and have used the premium calculator for my plan. I really liked it. Thanks team policybazaar.
Girish
Atmakur, February 16, 2021
High coverage low premium
Last year I bought a canara hsbc term insurance plan. It was done from policybazaar. I bought it as high coverage and at low premium rates. Such a good plan. Thanks team.
Ritika
B.khajuripada, February 16, 2021
Get to know free quotes
I recently bought a term insurance plan of canara hsbc and it is a nice plan. I got this plan done from policybazaar. Before buying a plan I checked few free term insurance quotes. That’s easy to select. Thanks team.
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