Lic Pension Plans vs Canara Hsbc Life Life Insurance 2026 | PolicyX
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At a glance

Which insurer is ahead on the figures both publish

Claim settlement ratio

Canara Hsbc Life

Minimum Age- 30 year%Lic Pension Plans 99.43%Canara Hsbc Life

Share of death claims the insurer paid

Solvency ratio

Lic Pension Plans

85 yearsLic Pension Plans 2.06Canara Hsbc Life

IRDAI minimum is 1.5

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Lic Pension Plans

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Canara Hsbc Life

Customer rating

Customer rating

4.6 / 5

Customer rating

4.6 / 5
Annual premiums collected (2024-25)

Annual premiums collected (2024-25)

₹ Rs 1 lakh to No limit

Annual premiums collected (2024-25)

₹ 8,027.46 crore
Claim settlement ratio

Claim settlement ratio

Minimum Age- 30 year%

Claim settlement ratio

99.43% Higher
Solvency ratio

Solvency ratio

85 years Higher

Solvency ratio

2.06
Pan India presence (branches)

Pan India presence (branches)

Annual, half-yearly,

Pan India presence (branches)

100+
Payout options

Payout options

Not available

Payout options

Lump sum, regular frequencies, or a combination of both.
Riders available

Riders available

10 to 30 years

Riders available

Accidental Death Benefit, Child Care/Child Support benefits, Accidental Total & Permanent Disability (ATPD), Accidental Total & Permanent Disability Premium Protection Plus, Termi…
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Plans from Lic Pension Plans and Canara Hsbc Life

Every plan we list from each insurer, including its term and investment plans. Switch insurer to see the other's plans.

No Lic Pension Plans plans listed yet We haven't added this insurer's plans to PolicyX yet. Read the Lic Pension Plans overview, or ask an advisor which of its plans fits you.
No Canara Hsbc Life plans listed yet We haven't added this insurer's plans to PolicyX yet. Read the Canara Hsbc Life overview, or ask an advisor which of its plans fits you.
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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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