Canara Hsbc Easy Bachat Plan
vs
Aviva Life I Growth

Canara HSBC Easy Bachat plan is a long-term savings and family protection plan. It offers two plan variants, allowing policyholders to select the protection level: Endowment option or Money-back option.

Endowment Option: In this variant, you'll get an assured life cover during the policy term and a lump sum on maturity.

Money-back Option: Under this option, you'll get assured life coverage during the policy term, a lump sum on maturity, and survival benefits during the premium payment term.

With the Canara Easy Bachat plan, you can grow your savings with yearly guaranteed additions added at the end of each policy year, only during the premium payment term. The plan offers the flexibility to choose a premium payment term for 5, 7, or 10 years (PPT) and enjoy life cover for 10, 15, or 20 years.

Key Features of Canara HSBC Life Insurance Easy Bachat Plan:

• The investment plan offers flexible premium payment terms that allow you to choose how long you want to pay: 5, 7, or 10 years.
• Choice of two plan options allows you to select the protection level: Endowment option or Money-back option.
• The plan offers the flexibility to choose a premium payment term for 5, 7, or 10 years (PPT) and enjoy life cover for 10, 15, or 20 years.

• The plan offers guaranteed yearly additions at the end of the premium payment term to maximize savings.
• In this plan, you'll get the dual protection benefits and long-term savings
• With Easy Bachat Plan Canara HSBC, you can stay protected with life cover for the entire policy term.
• Guaranteed Maturity Benefit is offered at the end of the policy term.

Aviva Life i-Growth is an individual unit-linked insurance plan that offers dual benefits: protection and savings. You can choose to pay for this plan either monthly or yearly, and you'll still get all the benefits for the entire policy term. With an i-Growth plan, you don't have to go through any medical examinations to buy life cover. 

The plan helps you stay invested and generate wealth through a choice of 3 unit-linked funds. It includes bond Fund-II, Balanced Fund–II, and Enhancer Fund-II; choose your fund based on your risk appetite. However, the loyalty addition will be added to the fund value on the last 3 policy anniversaries of your plan. 

You can even reduce your sum assured amount in case you don't need protection anymore. In this plan, you're only allowed to make partial withdrawals from fund value after the five-year lock-in period.

Aviva Life i-Growth Plan offers you a range of benefits including:

• 3 unit-linked fund options

• Loyalty additions

• Convenience of choosing your investment funds

• Pay premiums on a monthly or yearly basis
• Flexible policy and premium paying term