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

Canara HSBC Term Insurance User Reviews

149 reviews Rate This
Claim Settlement Ratio97.10%
Death Benefit Paid For1,252 Policies
Presence9,500 Branches
Total Death Benefit Paid106.53 Crore

Term Life Insurance Premium Calculator


  • Male
  • Female

Date of Birth


Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

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

Best Canara HSBC Term Insurance Plans

1 Crore
1.5 Crore
    Tax Free
    1 Cr
Starting From 706/Month
24hr Claim Settlement
Key Features:
  • Special Exit
  • Terminal Illness
  • Nominee's Choice payout
  • Voluntary Top Up
  • Tax Benefits
    Tax Free
    1 Cr
Starting From 787/Month
24hr Claim Settlement
Key Features:
  • Tax Benefits
    Tax Free
    1 Cr
Starting From 857/Month
24hr Claim Settlement
Key Features:
  • Waiver of Premium on Disability
  • Terminal Illness
  • Life Stage Benefit
  • Tax Benefits
See More Plans
Rating of Canara HSBC OBC
Based on
149 User reviews
  • Swift Claims Processing

    I had to make a claim on my InsuranceDekho’s Canara HSBC OBC Term Insurance, and I was amazed at how quickly and smoothly it was processed. Dealing with the loss of a loved one is never easy, but InsuranceDekho made the financial aspect hassle-free.

    Read More
    Shristi Ahuja
    On: Sep 20, 2023
  • Simplified Documentation

    The documentation process for InsuranceDekho's Canara HSBC OBC Term Insurance is straightforward and user-friendly. They make it easy for me to understand and complete the required paperwork.

    Read More
    Suman Gupta
    On: Sep 11, 2023
  • Top insurance companies listed

    The InsuranceDekho website has a list of all the top insurance companies which helped me look for an appropriate plan. After viewing everything, I decided to buy the Canara HSBC OBC Term Insurance. The plan offers all the necessary benefits and is worth buying. 

    Read More
    Kalyan Ghosh
    On: Sep 04, 2023
  • Queries resolved within minutes

    I had some trouble purchasing the Canara HSBC OBC Term Insurance from the website. I contacted the help desk of InsuranceDekho, the customer care team was able to resolve my queries and provided me with effective solutions. The executive even guided me through every step and I was able to purchase the plan without any difficulty. 

    Read More
    Yogesh Bidani
    On: Aug 11, 2023
  • Value-Added Benefits in Term Insurance!

    InsuranceDekho's Canara HSBC OBC Term Insurance offers several value-added benefits that set them apart from others. From critical illness riders to accidental death coverage, this policy goes beyond the basics. These additional benefits provide an extra layer of protection, giving me peace of mind knowing that I am well-covered for any unexpected event.

    Read More
    Jaistha Roy
    On: Jul 28, 2023
  • Highly Recommended

    Based on my positive experience with InsuranceDekho's life insurance policy, I highly recommend their services and the Canara HSBC OBC Term Insurance to anyone seeking reliable and comprehensive term coverage.

    Read More
    Nikhil Goswami
    On: Jul 21, 2023
  • Policy Tracking Feature

    I bought the Canara HSBC OBC Term Insurance from the official website of InsuranceDekho. All the features provided by InsuranceDekho were great. And the best was their policy tracking feature. I didn’t have to chase the agents to know about the status of my insurance plan. It was a pleasing experience and I will recommend everyone to buy from InsuranceDekho only. 

    Read More
    Arundhati Shorey
    On: Jul 07, 2023
  • Time-saving process

    It hardly took 5 minutes for me to buy the Canara HSBC OBC Term Insurance from InsuranceDekho. Overall, the process of buying the plan was very quick and everything happened smoothly. 

    Read More
    Akansha Mishra
    On: Jul 04, 2023
  • No additional charges

    There were no additional changes involved when I was buying the Canara HSBC OBC Term Insurance from InsuranceDekho. As I completed all the required processes by myself, I did not require the help of an external agent. So, I was able to save on costs while buying the Canara HSBC OBC Term Insurance from InsuranceDekho.

    Read More
    Aarush Pratap
    On: Jun 20, 2023
  • Step-by-step process

    On buying, the Canara HSBC OBC Term Insurance from InsuranceDekho, I was satisfied with the entire process as the step-by-step process made everything much more manageable. I was able to buy the plan on time from the comfort of my home. 

    Read More
    Vivek Bhasin
    On: Jun 15, 2023

Term Insurance Riders

Popularly Opted Term Insurance Sum Assured

Must BuyMust Buy

Why to Buy Term Insurance Policy Online from InsuranceDekho

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

Term Insurance News

Canara HSBC Term Insurance Contact Details

Reach us for help anytime

Claim Process at Canara HSBC Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

Best Insurance Advisors in Your City.

FAQ About Canara HSBC Term Insurance

  • What is the maximum policy term under Canara HSBC OBC Life Insurance term insurance plans?

    The maximum policy term under the iSelect Star Term Plan is 62 years, except for the whole life coverage where it is fixed at 99 years minus the age of the policyholder at entry. Under the POS Easy Bima Plan, it is 20 years.

  • When should be the ideal time to purchase a Canara HSBC OBC Life Insurance term insurance policy?

    It depends on the situation. Students can go for a term insurance policy when entering college to guard against liabilities like education loans. The perfect time to do so is between 33 to 40 years as it secures your family against financial risks. However, anyone between 18 and 65 years can avail the term insurance policy.

  • Is there any maximum amount of insurance in the Canara HSBC OBC Life Insurance term insurance policy?

    In the case of the POS -Easy Bima Plan, it is Rs 15 lakhs. In the iSelect Star Term Insurance policy, it is Rs 3 crores for Accidental Death Benefit policies and Rs 1 crore for Accidental Total Partial Disability policies.

  • What is the maximum maturity age in the Canara HSBC OBC Life Insurance term insurance policy?

    In the case of the whole life coverage plan, it is 99 years, whereas, for the standard insurance plan, it is 80 years for the maturity of a Canara OBC term insurance policy.  

  • What is the prime benefit of obtaining a Canara HSBC OBC Life Insurance term insurance policy?

    The prime benefit available at Canara HSBC OBC is that you can insure your life for a high sum by paying a low premium.