Lic Life Insurance vs Canara Hsbc Investment Plans Life Insurance 2026 | PolicyX
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Lic Life Insurance

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Canara Hsbc Investment Plans

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

₹ 751.92 crores

Annual Premiums Collected (2024-25)

₹ 000 to No limit
Payout Options

Payout Options

Lump sum, regular frequencies or a combination of both

Payout Options

-
Claim ratio

Payout Options

98.5%%

Payout Options

Minimum Age - 0 year%
Solvency Ratio

Solvency Ratio

1.98

Solvency Ratio

100 years
Pan India Presence

Pan India Presence

2048

Pan India Presence

Yearly, half-yearly
Riders Available

Riders Available

Accidental Death and Disability Benefits Rider, Accidental Death Benefits Rider, Critical Illness Rider, Waiver Benefit Rider

Riders Available

Minimum term - 6 years Maximum term - 30 years
Inception year

Inception year

-

Inception year

-
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

-

Complaint ratio per ₹1 crore of premium collected

-
Average claim settlement time

Average claim settlement time

-

Average claim settlement time

-
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Types of LIC Life Insurance Plans

Every plan currently being sold by LIC Life Insurance, shown side-by-side so you can shortlist quickly.

LIC Premium Endowment

The LIC Premium Endowment Plan (830) offers a dual benefit, providing financial protection for the family in case of the policyhol... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age: 14 years
Entry AgeMaximum entry age: 45 years
View plan

LIC Jeevan Tarun

LIC's Jeevan Tarun Plan (934) is a participating, non-linked, limited premium plan offering protection and savings tailored for a ... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
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LIC New Children Money Back Plan

LIC's New Children Money Back Plan (Plan 932) helps parents and grandparents secure a child's future with financial support up to ... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age - 0 years
Entry AgeMaximum entry age - 12 years
View plan

LIC Bima Bachat

The LIC Bima Bachat Plan (916) is a single premium participating endowment policy focused on financial security and savings. It fu... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age: 15 years
Entry AgeMaximum entry age: 66 years
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LIC Bima Diamond

The LIC Bima Diamond Plan (Table No. 841) was a non-linked, limited premium paying money-back plan, combining insurance and saving... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum Entry Age: 14 years
Entry AgeMaximum Entry Age: 45 years
View plan

LIC Jeevan Arogya

LIC Jeevan Arogya is a health insurance plan from LIC, offering financial protection against rising medical expenses with affordab... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum Entry Age: 91 days
Entry AgeMaximum Entry Age: 75 years
View plan

LIC Jeevan Shagun

LIC Jeevan Shagun (Plan 826) was a single-premium, participating money-back life insurance plan that combined life cover with guar... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum Entry Age: 8 years
Entry AgeMaximum Entry Age: 45 years
View plan

LIC New Money Back 20 Years

The LIC New Money Back Plan 20 Years (Plan 920) is a non-linked, participating plan designed for business and salaried individuals... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age - 13 years
Entry AgeMaximum entry age - 50 years
View plan

LIC Jeevan Akshay

LIC Jeevan Akshay VI is an immediate annuity pure pension plan from LIC, designed for senior citizens seeking financial independen... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum Entry Age: 25 years
Entry AgeMaximum Entry Age: 85 years
View plan

LIC Jeevan Shikhar

The LIC Jeevan Shikhar Plan (837) is a non-linked, participating, single premium endowment plan designed for both savings and prot... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
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LIC Aadhaar Stambh

The LIC Aadhaar Stambh Plan is a non-linked, with-profits endowment plan designed exclusively for male Aadhaar cardholders, combin... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age - 8 years
Entry AgeMaximum entry age - 55 years
View plan

LIC Aadhaar Shila

LIC's Aadhaar Shila Plan is a non-linked, with-profits endowment plan designed exclusively for female Aadhaar cardholders, offerin... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum Entry Age: 8 years
Entry AgeMaximum Entry Age: 55 years
View plan

LIC Jeevan Umang

LIC Jeevan Umang (Plan 945) is a whole life insurance plan that combines long-term savings with regular income. It offers yearly s... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age- 90 days
Entry AgeMaximum entry age- 55 years
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LIC New Jeevan Anand

LIC New Jeevan Anand is a participating, non-linked plan that combines lifelong protection with savings, offering a death benefit ... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age - 18 years
Entry AgeMaximum entry age - 50 years
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LIC Jeevan Rakshak Plan

LIC Jeevan Rakshak Plan (Table No. 827) is a non-linked, participating plan from LIC that combines life insurance and savings, off... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age: 8 years
Entry AgeMaximum entry age: 55 years
View plan

LIC Jeevan Lakshya Plan

LIC Jeevan Lakshya (Plan 933) is a non-linked, With-Profits Endowment Assurance plan designed to provide financial security for ch... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age- 18 years
Entry AgeMaximum entry age- 50 years
View plan

LIC New Endowment Plan

The LIC New Endowment Plan (914) is a non-linked life insurance policy offering guaranteed returns and bonuses, suitable for indiv... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age- 8 years
Entry AgeMaximum entry age- 55 years
View plan

LIC Single Premium Endowment

The LIC Single Premium Endowment Plan (Plan 917) is a traditional endowment policy offering both investment and protection with a ... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age - 90 days
Entry AgeMaximum entry age - 65 years
View plan

LIC Jeevan Saral

LIC Jeevan Saral Plan (165) is an endowment assurance plan where the policyholder chooses the premium amount, receiving approximat... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age - 12 years
Entry AgeMaximum entry age - 60 years
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LIC Pradhan Mantri Vaya Vandana Yojana

The Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a government-subsidized, single-premium pension plan from LIC, offering an assur... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum Entry Age: 60 years
Entry AgeMaximum Entry Age: No limit
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LIC Kanyadan Policy

The LIC Kanyadan Policy, a popular term for plans like LIC Jeevan Lakshya, Amritbaal, and Jeevan Labh, helps parents build a finan... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum Entry Age: 18 years
Entry AgeMaximum Entry Age: 50 years
View plan

LIC Jeevan Shanti

LIC's New Jeevan Shanti (Plan No. 858) is a non-linked, single premium, deferred annuity plan from LIC, offering guaranteed annuit... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age- 30 years
Entry AgeMaximum entry age- 79 years
View plan

LIC Jeevan Saathi

LIC Jeevan Saathi (Plan 89) is an endowment assurance policy designed to cover both husband and wife under a single plan, offering... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age- 18 years
Entry AgeMaximum entry age- 55 years
View plan

LIC Micro Bachat

The LIC Micro Bachat Plan is a traditional, non-linked, participating micro-insurance plan offering both protection and savings, s... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredEntry Age: 18 to 55 years
Entry AgeMaximum Maturity Age: 70 years
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LIC Komal Jeevan

The LIC Komal Jeevan Plan is a child-specific insurance policy for those aged 0-10, designed to secure their future needs like edu... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum Entry Age: 90 days
Entry AgeMaximum Entry Age: 18 years
View plan

LIC Navjeevan Plan

LIC Nav Jeevan Plan (853) is a non-linked, with-profit endowment insurance plan from LIC, designed to provide financial security t... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age- 90 days
Entry AgeMaximum entry age- 45 years
View plan

LIC SIIP Plan

LIC SIIP (Plan 852) is a unit-linked, non-participating individual life insurance plan offering investment opportunities alongside... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age- 90 days
Entry AgeMaximum entry age- 65 years
View plan

LIC Bima Shree

LIC Bima Shree is a traditional, non-linked, money-back life insurance policy that combines security with savings through guarante... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
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LIC Nivesh Plus

LIC Nivesh Plus (Plan 849) is a single-premium, unit-linked life insurance plan offering both protection and investment growth. It... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum entry age: 90 days; Maximum entry age: 70 years; Minimum sum assured: 1 lakh; Maximum sum assured: No limit; Maximum policy term: 25 years
View plan

LIC Jeevan Akshay VII

LIC Jeevan Akshay VII is a single premium, non-linked, immediate annuity plan from LIC, designed to provide a lifelong pension to ... Read More

Unique Features

  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Sum AssuredMinimum Entry Age: 18 years
Entry AgeMaximum Entry Age: 65 years
View plan

Types of Canara HSBC Investment Plans Plans

Every plan currently being sold by Canara HSBC Investment Plans, shown side-by-side so you can shortlist quickly.

Canara HSBC Titanium Plus

Canara HSBC Titanium Plus is an individual-linked life insurance savings plan, blending insurance coverage with market-linked inve... Read More

Unique Features

  • Loyalty addition
  • Choice of 8 funds
  • Flexible Premium Payment Term
Sum AssuredMinimum entry age - 0 years
Entry AgeMaximum entry age - 70 years
View plan

Canara HSBC Easy Bachat

The Canara HSBC Easy Bachat is a long-term savings and family protection plan, offering policyholders a choice between Endowment a... Read More

Unique Features

  • 2 Plan Options
  • Guaranteed Additions
  • Lower Premiums
Sum AssuredMinimum entry age: 18 years
Entry AgeMaximum entry age: 55 years
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Canara HSBC Invest 4G

The Canara HSBC Invest 4G Plan combines life coverage with investment growth, offering policyholders financial protection for thei... Read More

Unique Features

  • Loyalty additions
  • Wealth boosters
  • Minimal associated charges
Sum AssuredMinimum entry age: 18 years
Entry AgeMaximum entry age: 50 years
View plan

Life Insurance Articles

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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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