Canara HSBC OBC Life Insurance FAQs

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

Canara HSBC OBC 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.

Canara HSBC OBC 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.

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

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.

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

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

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

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

Canara HSBC OBC 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.

Canara HSBC OBC 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.

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

The Canara HSBC Oriental Bank Of Commerce 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.

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

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

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

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

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.

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

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