Canara Hsbc Money Back Advantage Plan
vs
Flexi Save Plan

  • Choose your coverage tenure
  • Multiple sum assured options
  • Enhance coverage with add-ons
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Canara Hsbc Money Back Advantage Plan vs Flexi Save 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...

Flexi Save Plan

Save More with Bharti AXA Life Flexi Save Plan – Earn Annual Bonuses Along with Assured Life Cover.Bharti AXA Life Flexi Save plan is a non-participating savings plan designed to help you save towards meeting your future goals. In this plan, you can grow your savings with yearly bonuses starti...

PLAN DETAILS

Canara Hsbc Money Back Advantage Plan


Flexi Save Plan

Premium Including GST
Key Features
(Key features of the plan)
  • 3 Guaranteed money back
  • Policy term for 16 years
  • Limited premium paying term
  • Flexibility to Modify Policy Term
  • Earn Yearly Cash Bonuses
  • Guaranteed Maturity Benefit
Plan Uniqueness
  • Family protection
  • Limited premium paying term
  • Guaranteed sum assured on maturity
  • Flexibility to Modify Policy Term
  • Earn Yearly Cash Bonuses
  • Guaranteed Maturity Benefit
Plan Maturity age 71 year Maximum Maturity Age - 85 years
Premium payment term 10 year 5,7,12 years
Plan Entry Age Minimum- 8 years, Maximum- 55 years Minimum Age - 0 days Maximum Age - 65 years
Sum assured Minimum- 1 Lac, Maximum- No Limit Depends on the premium amount
Premium payment frequency Quarterly, Half yearly, Annually Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 16 years Minimum term - 20 years Maximum term - 30 years
Claim Settlement Ratio (2023-24) Minimum Age - 0 year Minimum Age - 0 year

Know More About Plans

Overview

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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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.