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Overview
The Canara HSBC Money Back Advantage Plan is an individual, non-linked life insurance-cum-savings plan. It offers comprehensive benefits of saving and protection within the same plan. This investment plan provides three guaranteed Money Back payouts at the end of the 5th, 9th, and 13th policy years. It also offers a rebate on premiums for a higher sum assured.
This plan offers complete coverage for up to 75 years, along with a policy term of 16 years.
Key Features of the Plan
The Canara HSBC Money Back Advantage Plan offers some exclusive features such as:
- Family protection
- Limited premium paying term
- Guaranteed sum assured on maturity
- Tax benefits as per the Income Tax Act, 1961
How to Buy the Canara HSBC Money Back Advantage Plan
Buying on PolicyX.com
Here's how to buy the Canara HSBC Money Back Advantage Plan on PolicyX.com:
- Visit the official website of PolicyX.com.
- Click on the 'Investment' tab.
- A new page will appear on the screen.
- Fill out the form at the top of the page with the necessary details.
- Select your income and city. Click on 'Proceed'.
- Update your education and occupation details.
- Choose your preferred plan and click on 'Buy this plan'.
- Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.
Buying on Canara HSBC Life Insurance Website
Here's how to buy the Canara HSBC Money Back Advantage Plan on the insurer's website:
- Visit the official website of Canara HSBC Life Insurance.
- Hover over 'Investment Plans' from the top menu.
- Click on 'Canara HSBC Money Back Advantage'.
- Click on 'Buy Now' and you will be redirected to a new page.
- Enter your name and contact information. One of their representatives will reach out to you to discuss the quotes.
- Once discussed, you can make the premium payment and get the policy documents.
Who Should Buy This Plan?
If you are looking for a life insurance plan that provides guaranteed consecutive payouts for important milestones during your life, consider purchasing the Canara HSBC Life Money Back Advantage. This plan offers three guaranteed payouts in the 5th, 9th, and 13th policy years. For any questions related to this plan, you can directly contact PolicyX.com. Our IRDAI-certified advisors will contact you shortly and provide the best possible solution at zero cost.
Documents Required
Here is the list of documents required to buy the Canara HSBC Money Back Advantage:
- Photo ID Proof: Passport, Aadhaar card, PAN card, Driving license.
- Age Proof: Passport, Aadhaar card, PAN card, Driving license.
- Address Proof: Utility bill, passport, voter ID, ration card.
- Medical Records: Medical records of the policyholder if requested.
- Income Proof: Bank statement, last three months' salary slips (if salaried).
