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Canara Hsbc Money Back Advantage Plan vs Digital Icon Guaranteed Return Savings Plan

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Canara Hsbc Money Back Advantage Plan vs Digital Icon Guaranteed Return Savings Plan

Canara Hsbc Money Back Advantage Plan

Canara HSBC Money Back Advantage Plan is an individual non-linked linked life insurance cum saving plan. It offers comprehensive benefits of saving and protection in the same plan. This investment plan provides three Guaranteed Money Back at the end of the 5th, 9th, and 13th policy year. It also off...

Digital Icon Guaranteed Return Savings Plan

Digital Icon Guaranteed Return Savings Plan by Go Digit Life Insurance is a non-linked investment plan. Your funds are not affected by the market conditions and returns are safe and secure ensuring stability.  If you're someone who's looking for a life cover along with a safe, zero-risk investm...

PLAN DETAILS

Canara Hsbc Money Back Advantage Plan


Digital Icon Guaranteed Return Savings Plan

Premium Including GST
Key Features
(Key features of the plan)
  • 3 Guaranteed money back
  • Policy term for 16 years
  • Limited premium paying term
  • Guaranteed Returns
  • 2x Sum Assured on Death
  • Comprehensive Life Cover
Plan Uniqueness
  • Family protection
  • Limited premium paying term
  • Guaranteed sum assured on maturity
  • Guaranteed Returns
  • 2x Sum Assured on Death
  • Comprehensive Life Cover
Plan Maturity age 71 year Maximum maturity age- 100 years
Premium payment term 10 year Limited premium, single premium, or regular premium
Plan Entry Age Minimum- 8 years, Maximum- 55 years Minimum Age - 18 years Maximum Age - 65 years
Sum assured Minimum- 1 Lac, Maximum- No Limit No limit
Premium payment frequency Quarterly, Half yearly, Annually Yearly, half-yearly, quarterly, monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 16 years Depends on the plan option you choose
Claim Settlement Ratio (2023-24) Minimum Age - 0 year 99.53

Know More About Plans

Canara HSBC Money Back Advantage Plan is an individual non-linked linked life insurance cum saving plan. It offers comprehensive benefits of saving and protection in the same plan. This investment plan provides three Guaranteed Money Back at the end of the 5th, 9th, and 13th policy year. It also offers a rebate on premiums for a higher sum assured.

This plan offers complete coverage for up to 75 years, along with the policy term of 16 years.

Canara HSBC Money Back Advantage plan offers some exclusive features such as:

why-choose
  • Family protection
  • Limited premium paying term
  • Guaranteed sum assured on maturity
  • Tax Benefits as per Income Tax Act 1961

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