Canara Hsbc Easy Bachat Plan
vs
Pnb Guaranteed Savings

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  • Multiple sum assured options
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Canara Hsbc Easy Bachat Plan vs Pnb Guaranteed Savings

Canara Hsbc Easy Bachat Plan

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 ...

Pnb Guaranteed Savings

PNB MetLife Guaranteed Savings Plan is an individual, non-participating, non-linked savings plus life insurance policy. By serving dual purposes of creating a savings corpus while also ensuring a life cover, the Guaranteed Savings Plan ensures that your family's monetary needs are looked after even ...

PLAN DETAILS

Canara Hsbc Easy Bachat Plan


Pnb Guaranteed Savings

Premium Including GST
Key Features
(Key features of the plan)
  • 2 Plan Options
  • Guaranteed Additions
  • Lower Premiums
  • Get guaranteed Benefits & Yearly Bonuses on Your Savings
  • Rebates on High Sum Assured
  • 2 Add-on Riders Available
Plan Uniqueness
  • Guaranteed Maturity Benefit Life Insurance
  • Death Benefit
  • Survival Benefit
  • Maturity Benefits
  • Death Benefits
  • Discount on High Sum Assured
Plan Maturity age 65 years Maximum Maturity Age - 80 years
Premium payment term 5, 7, 10 years 5,7,10 years
Plan Entry Age Min- 18 years, Max- 55 years Minimum Age - 3 years Maximum Age - 60 years
Sum assured 10 Lacs Rs 1.5 lakh to Rs 4 lakh
Premium payment frequency Monthly, Quarterly, Half-Yearly or Annually Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10, 15, 20 years Minimum term - 10 years Maximum term - 20 years
Claim Settlement Ratio (2023-24) Minimum Age - 0 year Minimum Age - 3 year

Know More About Plans

Overview

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:

why-choose
  • 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.

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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.