Sbi Child 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- 0 years%Sbi Child 99.43%Canara Hsbc Life

Share of death claims the insurer paid

Solvency ratio

Sbi Child

70 yearsSbi Child 2.06Canara Hsbc Life

IRDAI minimum is 1.5

COMPANY DETAILS ✎ Edit

Sbi Child

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Canara Hsbc Life
Customer rating

Customer rating

4.6 / 5

Customer rating

4.6 / 5
Life insurance plans listed

Life insurance plans listed

2 plans ❯

Life insurance plans listed

None listed yet
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- 0 years%

Claim settlement ratio

99.43% Higher
Solvency ratio

Solvency ratio

70 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

21 ninus child entry age

Riders available

Accidental Death Benefit, Child Care/Child Support benefits, Accidental Total & Permanent Disability (ATPD), Accidental Total & Permanent Disability Premium Protection Plus, Termi…

Plans from Sbi Child 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.

Sbi Child Plan

SBI Smart Scholar

SBI Life Smart Scholar is a Unit Linked Child insurance plan that combines life cover with market-linked investments to secure a… Read More

  • Explore SBI Life Smart Scholar
  • Know Its Features & Benefits
  • Check the Eligibility Criteria
Sum assuredSingle Pay or 5 to 25 Years
Entry ageMinimum Age: 0 years; Maximum Age: 17 y…
View plan
Sbi Child Plan

SBI Smart Champ

The SBI Life Smart Champ Plan is a participating life insurance plan designed to secure a child's educational future. It combines… Read More

  • One-time payment option available
  • Offers Guaranteed Smart Benefits
  • Get Tax Benefits on premiums
Sum assuredMinimum Sum Assured: ₹1,00,000, Maximum…
Entry ageMinimum Age - 0 years Maximum Age - 13…
View plan
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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