Minimum Age - 18 years Maximum Age - 65 years
Maximum Maturity Age - 70 years
Minimum term - 5 years Maximum term - 40 years
Basic Sum Assured: Rs. 5 Lakhs to Rs. 25 Lakhs
The policy loan is not available under Canara HSBC Saral Jeevan Bima Plan.
Yearly, half-yearly & monthly
Here are the benefits associated with the Canara HSBC Saral Jeevan Bima
You can add the following riders to your Canara HSBC iSelect Smart 360 Term Plan:
Get an extra payout on top of base cover upon death due to an accident.
Upon accidental total & permanent disability to the policyholder, your future premiums will be waived, and the policy will continue till maturity.
If you are diagnosed with 40 pre-specified critical illnesses, your future premiums will be waived, and the policy will continue until maturity.
If you are diagnosed with any covered terminal illness, lump sum benefit up to a maximum of Rs. 2 Crores shall be payable while you're alive.
Here is the list of exclusions associated with the plan:
Canara HSBC Saral Jeevan Bima is a pure protection plan that offers high life cover at cost-effective premiums. On the policyholder's unfortunate demise during the policy term, the lump sum death benefit shall be payable to their nominee. If you have doubts or queries regarding the Canara HSBC Saral Jeevan Bima Term Pla, you can contact us through the website policyx.com or at 1800-4200-269.
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Varun is a passionate content writer with over three years of experience in the insurance domain. An avid learner, he stays ahead of the industry's trends ensuring his writing remains fresh and includes the latest insurance shifts. Through his work, Varun strives to engage with targeted insurance readers.
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