LIC Pension Plan

LIC Pension Plans are designed to secure your future after retirement. These policies are ideal for senior citizens and those planning a secure future, ensuring they can continue to enjoy the best things in life. LIC (Life Insurance Corporation of India) is one of the oldest and most trusted insurance providers. LIC pension plans are developed after extensive research and have helped millions of senior citizens across the country. LIC Pension schemes are versatile, meeting the evolving needs of every generation. Currently, the Life Insurance Corporation of India offers 4 LIC retirement plans that provide a steady flow of income to individuals in their second innings of life post-retirement.

LIC Pension Plans ensure your insurance needs are met by offering:

• Secure a regular income with LIC pension plans
• Easy process
• A good investment for corporate employees
• Lifetime Payout

Canara HSBC Life Insurance: Overview

Canara HSBC Life Insurance, a prominent insurance company in India, was founded in 2008. It 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-organized distribution network across Tier 1, 2, and 3 markets, including rural areas.

Canara HSBC Life Insurance offers a range of life insurance products, including term, savings, investment, retirement, and child plans. As per the IRDAI Report 2022-2023, Canara HSBC Life Insurance has a Claim Settlement Ratio (CSR) of 99.01%, demonstrating their fast and hassle-free claim settlement process.

Canara HSBC Life Insurance Company ensures to look after your insurance needs by offering:

• Wide range of plans
• Affordable plans
• Rider benefits
• Good customer support
• Tax savings