Canara HSBC Life Insurance
Canara HSBC Life Insurance
PX step

Free Quotes From Top Companies

1

2

Phone No.
Name
D.O.B

1

2

Income
City

By proceeding you are accepting our T&C and privacy policy

Canara HSBC OBC Life Insurance

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited was founded in 2008 and is headquartered in Gurugram, Haryana. The company is a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank merged with OBC (23%). The company has a well-organised distribution network across the country in Tier 1, 2 and 3 markets (including the rural areas). It offers a miscellaneous range of life insurance products that are customized according to the requirements of its customers. Such products include term insurance plans, child insurance plans, health insurance plans, savings plans, retirement plans and group insurance plans.

Highlights:

Claim Settlement Ratio

98.12%

No. of Branches in India

20,000+

Assets Under Management

Rs 14,854 Crores

**Last Updated on 05-11-2020

Canara HSBC OBC Life Insurance Plans

1. Canara HSBC OBC Term Insurance Plans

Canara HSBC OBC Term Insurance Plans are custom-made solutions designed to meet the specific requirements of its customers. These term insurance plans offer whole life cover, multiple payout options, the return of premiums and increasing life coverage options.

Following are the term insurance plans by Canara HSBC OBC Life Insurance:

i) Canara HSBC OBC iSelect+ Term Plan

Canara HSBC OBC iSelect+ Term Plan ensures financial security for you and your family in case of unforeseen circumstances. The plan provides flexibility to choose from different coverage, benefit payout and premium payment options. It also offers discounts on premium for choosing a higher sum assured option and for female lives.

Eligibility Criteria:

Age at Entry

Minimum: 18 years

Maximum: 65 years

  • For Decreasing Coverage Option – 55 years 
  • For PPT Upto Age 60 years (Under Plan Option Life)– 55 years 
  • For PPT Upto Age 60 years (Under other Plan Options) – 50 year 
  • For Single Premium Option – 45 years 
  • For Non-Working Spouse – 50 years

Maturity Age

Minimum: 28 years

Maximum: 80 years

Minimum Sum Assured

Rs. 25 lakhs

Premium Payment Term (years)

10/15/20/25/up to Age 60 years

**Last Updated on 05-11-2020

The values may vary as per the chosen plan option

ii) Canara HSBC OBC POS - Easy Bima Plan

Canara HSBC OBC POS - Easy Bima Plan is an affordable pure term insurance plan that provides financial protection to your loved ones. The plan offers a return of premiums on the date of maturity of the policy. In case of accidental death, double life coverage will be provided to support the family.

Eligibility Criteria:

Age at Entry

Minimum: 18 years

Maximum: 55 years

Maturity Age

Minimum: 28 years

Maximum: 65 years

Maximum Sum Assured

Rs. 15 lakhs

Premium Payment Term

5 Pay and 10 pay

Policy Term (years)

10/15/20

**Last Updated on 05-11-2020

2. Canara HSBC OBC Life Child Insurance Plans

Canara HSBC OBC Child Insurance Plans are specially designed to allow policyholders to save money to secure their child's future goals. These plans offer financial protection to your child at the time of higher education, marriage, etc.

Let us look at the Canara HSBC OBC Life Child Insurance Plans as follows:

i) Canara HSBC OBC Life Smart Junior Plan

Canara HSBC OBC Life Smart Junior Plan is a non-linked savings cum protection life insurance plan developed to fulfil your child's education needs in the future. On maturity of the policy, the plan also provides Annual bonuses and Final bonus (if any).

Eligibility Criteria: 

Age at Entry

Minimum: 18 years

Maximum: 50 years

Maturity Age

70 years

Minimum Sum Assured

Annual Mode :  Rs 3,00,000 

Monthly Mode: Rs 5,00,000

Premium Payment Mode

Annual and Monthly Mode

**Last Updated on 05-11-2020

ii) Canara HSBC OBC Life Smart Future Plan

Canara HSBC OBC Life Smart Future Plan is comprehensive and unit-linked insurance, which offers long-term investment options to meet the various requirements like securing the child's future and building assets. Under this plan, one can modify the allocation of future premiums once in a policy year.

Eligibility Criteria:

Age at Entry

Minimum: 18 years

Maximum: 51 years

Maturity Age

Minimum: 28 years

Maximum: 70 years

Premium Payment Modes

Annual and monthly

Policy Term (years)

10/15/20/25

**Last Updated on 05-11-2020

The values may vary as per the chosen plan option

3. Canara HSBC OBC Health Insurance Plan

Canara HSBC OBC Health Insurance Plan protects you and your family from medical worries and ensures financial security. Below-mentioned is the health plan offered by Canara HSBC OBC Life Insurance:

i) Canara HSBC OBC Health First Plan

Canara HSBC OBC Health First Plan offers higher health coverage at affordable premiums. It provides an increasing cover option for ever-increasing medical requirements. The plan waives off all future premiums on the first diagnosis of minor conditions of cancer and heart ailments.

Eligibility Criteria:

Age at Entry

Minimum: 18 years

Maximum: 65 years

Maturity Age

Minimum: 23 years

Maximum: 80 years

Maximum Sum Assured

Major Critical Illness - 50 lacs 

Heart Cover - 40 lacs (For Increasing Cover option, the maximum Sum Assured allowed is 25 lacs) 

Cancer Cover - 50 lacs

Policy Term (years)

5 to 40

**Last Updated on 05-11-2020

4. Canara HSBC OBC Life Savings Plans

Canara HSBC OBC Life Savings Plans encourage regular savings along with the benefit of guaranteed income and bonus. They also provide loan facilities to cope up with the uncertainties of life. 

Let us read about the various savings plans offered by Canara HSBC OBC Life Insurance:

i) Canara HSBC OBC Life Guaranteed Income Plan

Canara HSBC OBC Life Guaranteed Income Plan is a savings plan that offers guaranteed income for the entire policy tenure by paying a limited or one-time premium for the policy. The plan pays guaranteed maturity benefit and offers flexibility to choose the premium payment term as per your needs. 

Eligibility Criteria:

Guaranteed Cash Back Option

Guaranteed Cashback with Premium Protection Option

Guaranteed Income Advantage Option

Guaranteed Single Pay Advantage Option

Age at Entry

Minimum: 0 years

Maximum: 60 years

Minimum:18 years

Maximum: 55 years

Minimum: 0 years

Maximum: 60 years

Minimum: 8 years

Maximum: 65 years

Maturity Age

Minimum: 18 years

Maximum: 75 years

Minimum: 28 years

Maximum: 75 years

Minimum: 18 years

Maximum: 75 years

Minimum: 18 years

Maximum: 75 years

Premium Payment Modes

Single pay, Annual, Half-Yearly, Quarterly & Monthly 

**Last Updated on 05-11-2020

The values may vary as per the chosen plan option

ii) Canara HSBC OBC Life Easy Bachat Plan

Canara HSBC OBC Life Easy Bachat Plan is a life insurance plan that helps in accumulating savings and provides protection to the family at affordable premiums. The plan offers guaranteed maturity benefit on payment of the due premiums of the policy.

Eligibility Criteria:

Age at Entry

Minimum: 18 years

Maximum: 55 years

Maturity Age

Minimum: 28 years

Maximum: 65 years

Maximum Sum Assured

Rs. 10 lakhs

Premium Payment Modes

Annual, half-yearly, quarterly and monthly

Premium Payment Term (years)

5 pay/7 pay/10 pay

Policy Term (years)

10/15/20

**Last Updated on 05-11-2020

iii) Canara HSBC OBC Life Guaranteed Savings Plan

Canara HSBC OBC Life Guaranteed Savings Plan provides financial security to you and your family by building a corpus to achieve life goals like education of your child, buying a home, planning child's marriage, etc. The plan also ensures guaranteed additions every policy year and maturity benefit at the time of maturity. 

Eligibility Criteria:

Age at Entry

Minimum: 0 years

Maximum: 60 years

Maturity Age

Minimum: 18 years

Maximum: 75 years

Premium Payment Modes

Annual, half-yearly, quarterly and monthly 

Premium Payment Term (years)

5/7/10

Policy Term (years)

10/12/15/20

**Last Updated on 05-11-2020

iv) Canara HSBC OBC Life Money Back Advantage Plan

Canara HSBC OBC Life Money Back Advantage Plan ensures benefit money back payouts at key milestones during the policy term, along with a guaranteed lump sum amount at maturity. The plan provides financial support to the family (up to 16 years) after the death of the life assured.

Eligibility Criteria:

Age at Entry

Minimum: 8 years

Maximum: 55 years

Maturity Age

71 years

Minimum Sum Assured

Annual Mode

₹ 1,00,000

(for entry age from 8 to 50 years)

₹ 2,00,000

(for entry age from 51 to 55 years)


Monthly Mode

₹ 3,00,000

(for entry age from 8 to 45 years)

**Last Updated on 05-11-2020

v) Canara HSBC OBC Life Jeevan Nivesh Plan

Canara HSBC OBC Life Jeevan Nivesh Plan gives you a whole life insurance coverage and allows legacy planning through wealth creation. This is a one-time investment plan that offers regular returns for a lifetime.

Eligibility Criteria:

Age at Entry (Annual Mode)

Minimum: 18 years

Maximum: 55 years

Maturity Age (Annual Mode)

80 years

Minimum Sum Assured

Annual Mode

₹ 3,00,000


Monthly Mode

₹ 5,00,000

Policy Term (years)

10/15/20/25/30

**Last Updated on 05-11-2020

The values may vary as per the chosen plan option

5. Canara HSBC OBC Life ULIP Plans

Canara HSBC OBC Life ULIP Plan is an insurance plus investment plan that offers you the dual benefit of creating wealth along with life cover. Let us look at the following Canara HSBC OBC Life ULIP plans:

i) Canara HSBC OBC Life Future Smart Plan

Canara HSBC OBC Life Future Smart Plan is a unit-linked child plan that secures the financial future of your child even in your absence. Under this plan, you can increase or decrease the sum assured from the 6th policy year by paying all the due premiums. 

Eligibility Criteria:

Age at Entry

Minimum: 18 years

Maximum: 60 years

Premium Payment Term (years)

Minimum: 10

Maximum: 25

Policy Term (years)

10/15/20/25

**Last Updated on 05-11-2020

ii) Canara HSBC OBC Life Grow Smart Plan

Canara HSBC OBC Life Grow Smart Plan is a whole life unit-linked plan that provides coverage throughout the lifetime. The policyholder needs to pay premiums for a limited period and get long-term life coverage. In case of death of the life assured, the policy is liable to pay death benefit to the nominee, which will be higher of:

  • Sum Assured less applicable partial withdrawals
  • Fund value as on date of intimation of death claim or
  • 105% of all premiums paid up to date of death

Eligibility Criteria:

Age at Entry

Minimum: 7 years

Maximum: 65 years

Minimum Annual Premium

Rs. 25,000

Premium Payment Term 

10 years- No Limit

Policy Term (years)

Whole life

**Last Updated on 05-11-2020

iii) Canara HSBC OBC Life Titanium Plus

Canara HSBC OBC Life Titanium Plus is unit-linked protection plus investment plan. The plan gives you the flexibility to manage & control the investment as per your needs and requirements. Also, loyalty bonuses and wealth boosters are rewarded throughout the policy term to enhance your savings.

Eligibility Criteria:

Age at Entry

Minimum: 0 years

Maximum: 70 years

Maturity Age

Minimum: 18 years

Maximum: 80 years

Premium Payment Modes

Annual, monthly and single

Premium Payment Term (years)

  • Limited Pay: 5/7/10/15
  • Regular Pay: Same as Policy Term

**Last Updated on 05-11-2020

The values may vary as per the chosen plan option

iv) Canara HSBC OBC Life Smart Lifelong Plan

Canara HSBC OBC Life Smart Life Long Plan is a unit-linked life insurance policy, which assists you to build a corpus along with the provision of whole life insurance cover up to the age of 99 years. It offers the flexibility to select the premium paying term, along with the facility of switching and redirection among different fund options.

Eligibility Criteria:

Age at Entry

Minimum: 7 years

Maximum: 65 years

Minimum Premium 

  • Annual: Rs. 25,000 p.a.
  • Monthly: Rs. 3,000 p.m

Premium Payment Term (years)

Minimum: 10 years

Maximum: 99 - (Age at entry)

**Last Updated on 05-11-2020

v) Canara HSBC OBC Life Insure Smart plan

Canara HSBC OBC Life Insure Smart Plan is a unit-linked insurance plan that helps you to accumulate wealth with the flexibility of paying premiums for 5 years. It also provides life coverage of 10 years and allows switching between various fund options. One can make partial withdrawals in the policy from the 6th policy year.

Eligibility Criteria:

Age at Entry

Minimum: 8 years

Maximum: 70 years

Sum Assured

Minimum:

  • 10 x Annualized Premium (for ages below 45)
  • 7 x Annualized Premium (for ages 45 and above)

Maximum: 35 x Annualized Premium subject to underwriting

Policy Term (years)

10 (fixed)

**Last Updated on 05-11-2020

vi) Canara HSBC OBC Smart Goals Plan

The Canara HSBC OBC Life Smart Goals Plan is a unit-linked insurance plan with two options for life cover. With this plan, policyholders can plan and prepare for future goals to offer complete financial protection to their families.  

Eligibility Criteria:

 

Option 1

Option 2

Age at Entry

Minimum: 8 years

Maximum: 64 years

Maturity Age

Minimum: 18 years

Maximum: 74 years

Minimum: 23 years

Maximum: 79 years

Policy Term

10 years (Fixed)

15/ 20 / 25 years

**Last Updated on 05-11-2020

6. Canara HSBC OBC Life Retirement Plans

Canara HSBC OBC Retirement Plans secure your post-retirement life so that you don’t have to worry about the financial burdens and live a decent life. Let us look at the following Canara HSBC OBC Life retirement plans:

i) Canara HSBC OBC Life Secure Bhavishya Plan

Canara HSBC OBC Life Secure Bhavishya Plan is a life insurance retirement product, which offers the advantage of equity participation that increases your retirement corpus. It offers guaranteed vesting benefit of 101% of premiums paid (inclusive of top-up premiums). It also provides flexibility to choose premium payment modes, vesting age and premium payment term (as per your needs).

Eligibility Criteria:

Age at Entry

Minimum: 25 years

Maximum: 70 years

Maturity Age

Minimum: 40 years

Maximum: 80 years

Premium Payment Modes

Annual and monthly

Premium Payment Term 

Single pay, limited pay and regular pay

**Last Updated on 05-11-2020

ii) Canara HSBC OBC Life Invest 4G Plan

Canara HSBC OBC Life Invest 4G Plan offers wealth boosters, loyalty additions along with the return of mortality charges (during the maturity of the policy) that results in optimizing your savings. 

Eligibility Criteria:

Age at Entry


Benefit Option

Minimum

Maximum

Life Option

18 years

50 years

Life Option with PFB

50 years

Whole of Life Option 

65 years

**Last Updated on 05-11-2020

Maximum Maturity Age

  • For Life Option: 80 years 
  • For Life Option with PFB: 80 years 
  • For Whole of Life Option: Maximum maturity age is not applicable as this is a whole life option

**Last Updated on 05-11-2020

iii) Canara HSBC OBC Life Smart Monthly Income Plan

Canara HSBC OBC Life Smart Monthly Income Plan offers guaranteed monthly income for 15 years to financially secure your loved ones, along with a life cover of 25 years. It also offers a loan facility to meet your liquidity needs.

Eligibility Criteria:

Age at Entry

Minimum: 18 years

Maximum: 55 years

Maturity Age

Minimum: 43 years

Maximum: 80 years

Sum Assured

100 times the chosen monthly income

Premium Payment Modes

Annual and monthly 

**Last Updated on 05-11-2020

iv) Canara HSBC OBC Life Smart Future Income Plan

Canara HSBC OBC Life Smart Future Income Plan secures you and your family's future financially. The plan offers life coverage for 25 years, along with regular guaranteed income (up to 15 years) for post-retirement life.

Eligibility Criteria:

Age at Entry

Minimum: 18 years

Maximum: 55 years

Maturity Age

Minimum: 43 years

Maximum: 80 years

Sum Assured

100 times the chosen monthly income

Premium Payment Term (years)

10

Policy Term (years)

25

**Last Updated on 05-11-2020

v) Canara HSBC OBC Pension4Life Plan

Canara HSBC OBC Pension4Life Plan provides a regular guaranteed income stream to meet your needs post-retirement. The plan also offers a wide range of annuity options to choose from.

Eligibility Criteria:

Age at Entry

Minimum: 45 years

Maximum: 80 years

Minimum Annuity Installment

Rs 1,000 per month 

**Last Updated on 05-11-2020

7. Canara HSBC OBC Life Group Insurance Plans

Canara HSBC OBC Group life insurance plans are solutions provided to an employer or an entity so that they can cover the members of the group or organisation. These plans offer financial security to the employees and their families during the uncertainties of life. One can enjoy tax advantages under these policies as per the prevailing income tax laws.

Here's a list of Canara HSBC OBC Group Life insurance plans:

i) Canara HSBC OBC Life Group Advantage Term Plan

Canara HSBC OBC Life Group Advantage Term Plan, a group term assurance plan that can be renewed yearly and provides life coverage and financial protection at low costs. Not only this, but the plan also offers the flexibility to choose one or both of the below-mentioned coverage options:

  • Death Only
  • Death & Accidental Death Benefit

Eligibility:

Criteria

Coverage Option - Death Only

Coverage Option - Death & ADB

Age at Entry (last birthday)

Minimum: 18 years

Maximum: 79 years

Minimum: 18 years

Maximum: 69 years

Maximum Cover Ceasing Age

80 years

70 years

Minimum Sum Assured

Rs. 5,000

Rs. 2 lakhs 

Premium Payment Modes

Single, semi-annual, quarterly and monthly

Minimum Group Size

50 members

**Last Updated on 05-11-2020

ii) Canara HSBC OBC Life Group Term Edge Plan

Canara HSBC OBC Life Group Term Edge Plan is a pure risk group term plan that provides coverage to the group members against critical illnesses and terminal illnesses. The plan offers rebates in case the group's total premium exceeds an amount equal to Rs. 2 crores in a year. As per the provisions of the Employees Provident Fund and Miscellaneous Provisions Act, 1952, risk cover is provided in lieu of EDLI Scheme.

Eligibility Criteria:

Age at Entry (last birthday)

Minimum: 18 years

Maximum: 80 years

Maximum Cover Ceasing Age

81 years

Minimum Sum Assured

Death Benefit: Rs. 5000 per member

Terminal Illness Benefit: Rs. 5000 per member

Critical Illness Benefit: Rs. 1000 per member

Premium Payment Modes

Yearly, Half-Yearly, Quarterly & Monthly

Policy Term

1 year 

Minimum Group Size

10 members

**Last Updated on 05-11-2020

The values may vary as per the chosen plan option

iii) Canara HSBC OBC Pradhan Mantri Jeevan Jyoti Bima Yojna

Canara HSBC OBC Pradhan Mantri Jeevan Jyoti Bima Yojna is a non-linked and non-participating group term insurance plan that secures the future of your family at an affordable premium without any medical tests. 

Eligibility Criteria:

Age at Entry 

Minimum: 18 years (last birthday)

Maximum: 50 years (nearest birthday)

Maximum Cover Ceasing Age

55 years (nearest birthday)

Sum Assured

Rs. 2 lakhs

Policy Term

1 year renewable

**Last Updated on 05-11-2020

iv) Canara HSBC OBC Life Sampoorna Kavach Plan

Canara HSBC OBC Life Sampoorna Kavach Plan is a traditional, and non-participating plan that safeguards the family of your employee at the time of his/her unfortunate demise. The enrolment process of the plan is simple and hassle-free. Also, no medical check-ups are required to get coverage under the policy.

Eligibility Criteria:

Age at Entry 

Minimum: 18 years (last birthday)

Maximum: 60 years (nearest birthday)

Minimum Sum Assured

Rs. 5000 per member

Maximum Sum Assured

Rs. 50,000 per member

Policy Term

1 year renewable

**Last Updated on 05-11-2020

v) Canara HSBC OBC Life Group Credit Secure Plan

Canara HSBC OBC Life Group Credit Secure Plan has been launched specifically for financial entities such as banks and lending institutions. It provides loans like home loan, vehicle loan, education loan, personal loan, etc. Under the policy, the life assured can choose between 12 risk cover options.

Eligibility Criteria:

Minimum Age at Entry 

  • For Education Loan:

For 'coverage option 1': 12 years

For 'coverage options 2 to 12': 18 years

  • Loans other than Education Loan: 18 Years (all coverage options)

Maximum Age at Entry 

  • For 'coverage option 1': 75 years
  • For 'coverage options 2 to 12': 70 years

Maximum Cover Ceasing Age

  • For 'coverage option 1': 80 years
  • For 'coverage options 2 to 12': 75 years

Minimum Sum Assured

Rs. 5000

Minimum Group Size

50 members

**Last Updated on 05-11-2020

vi) Canara HSBC OBC Life Group Secure Plan

Canara HSBC OBC Life Group Secure Plan is an ideal solution to provide financial protection against the liabilities of the borrower’s family in case (s)he dies. The plan also offers the risk coverage option, and allows the policyholder to choose between a) Death cover only b) Death and TPD cover.

Eligibility Criteria:

Age at Entry (last birthday)

Minimum:

  • 18 years for all kinds of loans
  • 12 years for Education Loan;
  • 18 years for Total and Permanent

Disability (TPD) benefit

Maximum: 64 years

Maximum Cover Ceasing Age

69 years

Minimum Sum Assured

Rs. 10,000 per member

Maximum Sum Assured

No limit, as per policy terms and conditions

**Last Updated on 05-11-2020

vii) Canara HSBC OBC Life Group Traditional Plan

Canara HSBC OBC Life Group Traditional Plan is a Non-Linked Non-Par Life/Pension Group Savings Insurance Plan, which caters to needs of employers, trustees or group administrator who are willing to fund their group member’s retirement and other welfare benefit schemes such as gratuity, leave encashment, post-retirement medical benefits, etc.

Eligibility:

Criteria

Minimum

Maximum

Age at entry (last birthday)

Higher of

  • 18 years
  • Minimum age as per scheme rules

Lower of

  • 79 years
  • Maximum age as per scheme rules

Maturity Age (last birthday)

Not applicable

Lower of

  • 80 years
  • Maximum maturity age as per scheme rules

Group Size

10 members

No limit

**Last Updated on 05-11-2020

Why Choose Canara HSBC OBC Life Insurance Plans?

Safety & Security

No matter how much we grow, fear of a sudden loss is always there and therefore, Canara HSBC life insurance products offer complete financial assistance to the family of the insured person even after his/her demise.

Financial Resources

Canara HSBC OBC life insurance helps in covering accumulated capital in investments and mitigating the loss. Choosing a suitable Canara HSBC investment plan (as per your needs) can assist in building a huge corpus for the future.

Encourages Savings

Canara HSBC OBC savings plans allow you to do systematic savings with the help of regular premium payments and return on investments. You will also get a lump sum amount at the time of maturity of the savings plan. Thus, these plans help to develop savings habits.

Income Tax Advantages

There is no doubt that the customer will enjoy guaranteed tax benefits with Canara HSBC OBC life insurance plans. You can avail tax advantages on the benefit received and paid premiums under Section 10(10D) and Section 80C of the Income Tax Act, 1961.

Why PolicyX.com Is A Suitable Option To Buy Canara HSBC OBC Life Insurance Plans?

PolicyX.com is the Insurance Regulatory and Development Authority of India (IRDAI) certified web insurance aggregator company. Here's a list of primary features offered by PolicyX.com to fulfil all your insurance needs:

  • We offer free online comparison services from the comfort of your home.
  • We provide unbiased quotes from all the insurance companies within a few seconds.
  • Our buying process is hassle-free, simple and can be done under 10 minutes.
  • We have excellent customer service to provide you with all information regarding the policies. You can contact them for queries regarding your purchase, claim, etc. 

What Is the Claim Settlement Process of Canara HSBC OBC Life Insurance Plans?

Claim Registration:

The nominee/claimant has to intimate about the claim to the company by filing a claim form and submitting it to the head office or the nearest branch of Canara HSBC OBC office. The claim form can be collected from any respective bank branches or offices. On receipt of the form, the company will register the claim.

Document Required For Claim Settlement:

You have to submit a few documents while filing a claim. Here is the list for the same-

  • The death certificate
  • Original policy documents
  • ID and address proof of the beneficiary
  • Age proof of insured
  • Discharge form (from the hospital)
  • Medical certificate (as proof for the cause of death)
  • Police FIR (in case of unnatural death)
  • Bank account details of the beneficiary

Claim Processing & Settlement:

Once the company has received all the necessary documents, they will process the claim for further verification. Upon successful verification process of the claim, the insurer will disburse the claim amount into the nominee/claimant's bank account.

Canara HSBC OBC Life Insurance Company: Contact Details

For Customers in India

Contact Address:

Canara HSBC OBC Life Insurance Company Ltd,

2nd Floor, Orchid Business Park, Sector - 48, Sohna Road, Gurugram - 122018, Haryana,

India

Customer Support:

Phone: 1800-103-0003/1800-180-0003 (MTNL/BSNL)

Monday to Sunday - 8:00 AM to 8:00 PM IST

  • For Sales Service: 1800-258-5899

7 days a week - 9:00 AM to 6:00 PM IST

  • Text Message: SMS ‘CALLBACK' to 09779030003
  • E-mail: customerservice@canarahsbclife.in

For Customers Abroad:

Contact Address: 

Unit No.208, 2nd Floor, Kanchenjunga Building, 18 Barakhamba Road, New Delhi - 110001, India

Customer Support:

Phone: Monday to Sunday - 8:00 AM to 8:00 PM IST

0124-4315200

E-mail: customercare.NRI@Canarahsbclife.in

Canara HSBC OBC Life Insurance Plans: FAQs

The lock-in period for Canara HSBC OBC Invest 4G Life Insurance policy is 5 consecutive policy years from the policy initiation date.

There are 3 investment fund options available under the Canara HSBC OBC Life Secure Bhavishya Plan, viz., Pension Growth Fund, Pension Balanced Fund and Pension Debt Fund.

Canara HSBC OBC Life Insurance offers the following term life insurance riders under its iSelect+ Term Plan:

  • Accidental Death Benefit (ADB)Accidental Total & Permanent Disability (ATPD) – Premium Protection
  • Accidental Total & Permanent Disability (ATPD) – Premium Protection
  • Accidental Total & Permanent Disability (ATPD) – Premium Protection Plus
  • Child Support Benefit (CSB)

You can avail a secured loan against a child education plan. The loan can be used to fund the higher education of the child.

Yes, Canara HSBC OBC Life Insurance policies are also available for NRIs.

Last updated on 05-11-2020