Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin

Canara HSBC Life Insurance FAQs

Term Life Insurance Premium Calculator

Gender

  • Male
  • Female

Date of Birth

calendericon

Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Benefits

  • Does investing in Canara HSBC Life Insurance products enable customers to save on income tax?

    Yes, income tax benefits are available on Canara HSBC Life Insurance premium payments according to Section 10 and Section 80C of the IT Act.

  • How are the Canara HSBC Life Insurance child insurance plans beneficial?

    Canara HSBC Life Insurance child insurance plans are tailored to protect the financial interests of the child and take care of its educational needs even after the unfortunate demise of the policyholder.

  • Why does Canara HSBC Life Insurance offer a multitude of savings plans?

    Canara HSBC Life Insurance understands the Indian customer’s savings mentality. Hence, it has introduced numerous savings plans to satisfy the requirements of a wide range of clients situated all over India.

  • What is the USP of Canara HSBC Life Insurance products?

    Canara HSBC Life Insurance offers a massive range of insurance products to cater to the requirements of every segment of society.

  • How has Canara HSBC Life Insurance managed to reach out all over India?

    Canara HSBC Life Insurance uses the services of Canara Bank and Punjab National Bank extensive branch network to reach out to its vast clientele.

Claim Settlement

  • Do the certificates require any attestation?

    Yes, the certificates should be attested by any of the following:

    • An Agent Or Relationship Manager of the company
    • A Branch Manager of the distributing bank OR a Branch manager of a nationalised bank
    • A gazetted officer, headmaster/principal of a government school, a magistrate, or an employee of the company

  • How will the claimant receive the Canara HSBC Life Insurance claim amount?

    The claim amount will be credited to the bank account of the claimant.

  • Is there any time frame for submission of the Canara HSBC Life Insurance claim documents?

    No, there is no time frame for submission of documents for claim.

  • Where should the claimant submit the Canara HSBC Life Insurance claim forms?

    The claimant can send the forms and the documents by courier to the company head office. Alternatively, the forms can also be submitted at the respective branches of Canara Bank and Punjab National Bank.

  • Does Canara HSBC Life Insurance offer an online claim procedure?

    No, Canara HSBC Life Insurance does not have an online claim procedure.

Overview

  • What are the different kinds of plans on offer from Canara HSBC Life Insurance?

    Canara HSBC Life Insurance offers a range of insurance plans like savings plans, term insurance plans, child plans, health plans, investment plans, group insurance plans, etc.

  • What are the unique attributes of Canara HSBC Life Insurance customer service?

    Canara HSBC Life Insurance believes in treating the customers like they want to be treated, with fairness and consistency. The company concentrates on delivering its services with tremendous agility.

  • What is the overall reach of Canara HSBC Life Insurance?

    Canara HSBC Life Insurance has an extensive branch network throughout India because the company uses the vast network of more than 9,500 bank branches to reach out to its customers.

  • What is the USP of Canara HSBC Life Insurance plans?

    Canara HSBC Life Insurance is the pioneer when it comes to reviving lapsed policies online.

  • How do customers apply for the online insurance plans offered by Canara HSBC Life Insurance?

    Customers can access the official website of Canara HSBC Life Insurance and apply for online insurance.

Plan

  • What are the most popular plans offered by Canara HSBC Life Insurance?

    Of all the plans offered by Canara HSBC Life Insurance, the Money Back Advantage Plan is one of the most popular.

  • What are the Canara HSBC Life Insurance premium payment options?

    Canara HSBC Life Insurance offers various premium payment options like monthly payments, quarterly, half-yearly, and annual payments.

  • How does the credit-linked Canara HSBC Life Insurance term insurance plan prove useful?

    The Canara HSBC Life Insurance Group Credit Secure Plan ensures that the family members of the deceased insured need not pay the loan liabilities of the insured member.

  • Can customers purchase Canara HSBC Life Insurance plans online?

    Yes, the insurer provides 4 popular plans online. They are iSelect Star Term Plan, Invest 4G Plan, Guaranteed Savings Plan, and Health First Plan.

  • What is the advantage of the Canara HSBC Life Insurance Term Insurance Plan?

    The best advantage of the Canara HSBC Life Insurance Term Insurance Plan is that you can opt for high insurance cover at a low premium.

Premium Calculator

  • Why should one use the Canara HSBC Life Insurance premium calculator?

    Canara HSBC premium calculator provides accurate information on the premium you have to pay, thereby enabling you to make smart decisions.

  • Is the premium for a Canara HSBC Life Insurance term insurance policy different from the endowment plan?

    Yes, the term insurance plans do not have a maturity amount. Hence, the premium is lower compared to endowment plans.

  • How smoking habits affect Canara HSBC Life Insurance premium calculation?

    It doesn’t need to be filled in the premium calculator but if you are a smoker then you should inform the company before taking the policy as they may change your premium from the calculated value. Withholding the smoking habit can lead to policy being held null and void.

  • What are the primary factors that affect the Canara HSBC Life Insurance premium amount?

    The policyholder's age, sum assured, policy term, gender, and the type of plan affect the insurance premium amount.

  • Does each Canara HSBC Life Insurance policy have a separate premium calculator?

    No, the procedure for calculating the premium is the same, and each plan just needs changing in the details to calculate the premium.

Must BuyMust Buy

Why to Buy Life Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 80 Lacs+ happy customers

Life Insurance News

User Reviews

Write your review
What users are saying
  • All
  • Affordable Policy

    Thank you InsuranceDekho for suggesting the Canara HSBC OBC Life Insurance Plan. I am loving my purchase of a life insurance policy through your online platform. It was very easy to compare the plans from InsuranceDekho’s website and choose the best one for myself. Thank You InsuranceDekho for the Canara HSBC OBC Life Insurance Policy.

    S
    Canara HSBC
    By Shakti Kumari
    On: Feb 27, 2024
  • Easy to Compare Plans

    I was looking for some tools to compare the different Life insurance plans on InsuranceDekho. I used these tools to compare all the available life insurance plans and then finally bought the Canara HSBC OBC Life Insurance Plan from InsuranceDekho.

    A
    Canara HSBC
    By Anisha Chauhan
    On: Dec 22, 2023
  • Investment in Peace of Mind

    Investing in the Canara HSBC OBC Insurance Policy from InsuranceDekho is an investment in peace of mind. I can now focus on living life to the fullest, knowing that my loved ones are protected.

    Z
    Canara HSBC
    By Zaid Khan
    On: Oct 18, 2023
  • Reliable and Reassuring

    Life insurance can be overwhelming, but InsuranceDekho made it reliable and reassuring. I read quite a few good articles on the website before buying the Canara HSBC OBC Insurance Policy for my family. I know I'm in good hands.

    M
    Canara HSBC
    By Manisha Bhatia
    On: Sep 29, 2023
  • Efficient Application Process

    I found the application process for my Canara HSBC OBC Insurance Policy to be efficient and straightforward. InsuranceDekho's platform made it easy to compare plans and choose the one that suited me best. Plus, their customer support was always available to answer my questions.

    P
    Canara HSBC
    By Pallavi Saraswat
    On: Sep 25, 2023

Claim Process at Canara HSBC Life Insurance

  • 1

    Claim Intimation

    In the event of the death of the life assured, the insurance company should be intimated as early as possible.
  • 2

    Submission of Documents

    For easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
  • 3

    Claim Evaluation

    After successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.

Best Insurance Advisors in Your City.

Canara HSBC Life Insurance Contact Details

Reach us for help anytime
Find the right Canara HSBC Life Insurance for you
By clicking, I agree to *terms & conditions and privacy policy.