Aviva Term
vs
Canara Hsbc

  • Multiple policy tenure to choose from
  • Premiums starting @Rs 15/day
  • 30-day grace period
Buy Policy in just 2 mins

Buy Policy in just 2 mins

Happy Customers

2 lakh + Happy Customers

Free Comparison

Free Comparison

Customized Term Insurance Plan for you.

Get upto 10% Online Discount*

Gender

Age

Select Insurer

Compare

Aviva Term vs Canara Hsbc

Aviva Term

Aviva India is a joint venture between Aviva Plc (UK based company) and Dabur Invest Corp (one of the popular business in India).

Canara Hsbc

Canara HSBC Life Insurance Company Limited is a major bancassurance-led insurance company with a vast portfolio of life insurance solutions and offers various products

COMPANY DETAILS Edit Aviva Life Term Insurance

Aviva Term

 Edit Canara HSBC Term Insurance

Canara Hsbc
Rating
Number of term insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

1317.45

Annual Premiums Collected (2023-24)

25341.91 Cr
Payout Options

Payout Options

Lump sum, monthly or a combination of both

Payout Options

Lump sum, monthly or a combination of both
Claim ratio

Payout Options

98.3%

Payout Options

99.51%
Solvency Ratio

Solvency Ratio

1.8

Solvency Ratio

1.9
Pan India Presence

Pan India Presence

122+

Pan India Presence

231+
Riders Available

Riders Available

Accidental Death Benefit Rider, Critical Illness Rider, Waiver of Premium Rider, Disability Income Riders

Riders Available

Accidental Death Benefit, Accidental Total & Permanent Disability Premium Protection, Accidental Total & Permanent Disability Premium Protection Plus, Critical Illness Premium Protection, Critical Illness Premium Protection Plus, Terminal Illness
Policy Term

Policy Term

10 to 40 years

Policy Term

5 to 40 years

Know More About Companies

Overview

About Aviva Term Insurance

Aviva India is a joint venture between Aviva Plc., a UK based insurance group, and Dabur Invest Corp., one of India's oldest and most respected business houses. Aviva plc, founded in 1696, is among the world's oldest insurance companies in continuous existence. Aviva has the distinction of being one of the first insurance companies to set up business in India in 1834. Aviva Term Insurance has a customer base of over 34 million across the globe.

What are some of the
Benefits
that set them apart?

  • Accidental death benefit cover

  • Critical illness cover

  • Waiver of premium cover

  • Choice of policy tenure

  • Affordable Premiums

  • Tax benefits

Riders

Riders You Can Avail With Aviva term insurance Plans

Name of the Riders Benefits
Accidental Death Benefit Rider Accidental Death Benefits Rider by Aviva Term Insurance offers extra sum assured to the nominee of the policyholder, in case of death caused by any accident during the rider term.
Critical Illness Rider n Critical illness rider, sum assured will be given to policyholder in advance if he/she is diagnosed with any of the listed critical illness diseases such as cancer, Kidney failure, heart disease etc.
Waiver of Premium Rider In waiver of premium rider, the policyholder future premiums will be waived off in case of permanent disability of body caused by any reason. In waiver of premium rider the insurance companies will wait for 6 months to finalize the premium waiver. If the customer is still not able to work , the rider will be triggered.
Disability Income Riders In a disability income rider, the policy holder will get a regular income, if their body is disabled due to any of the reasons and is not able to work anymore. Disability income rider helps the policyholder to meet their present expenses in case of disability of the body.

Consult for Personalized Insurance Advice

Contact With Advisor

But how does it work?

Schedule a call with India’s number 1 trusted advisor with a 4.5+ rating on Google. We are not your average insurance agents. Our advisors are experts in their insurance knowledge and will give you the right information at the right time. The service is free of cost! Don’t worry, we won’t spam as we value your time.

Other Term Insurance Companies

  • Term Insurance
  • Life Insurance

LIC Term Insurance

HDFC Term Insurance

ICICI Term Insurance

SBI Life Term Insurance

Max Life Term Insurance

TATA AIA Term Insurance

PNB Metlife Term Insurance

Bajaj Allianz Term Insurance

Bandhan Life Term Insurance

Kotak Life Term Insurance

Canara HSBC OBC Term Insurance

Bharti AXA Term Insurance

Aviva Term Insurance

Indiafirst Term Insurance

Exide Life Term Insurance

Edelweiss Tokio Term Life Insurance

Ageas Federal Term Insurance

Future Generali Term Insurance

Birla Sun Life Term Insurance

Reliance Term Insurance

Pramerica Term Insurance

Term Insurance Companies

Trouble connecting with an insurance company?

Contact PolicyX.comCall at our toll-free number 1800-4200-269Email: helpdesk@policyx.com

We are happy to help.

Aviva Life Term Insurance

Explore India’s best-selling Term insurance plans below

Aviva India is a joint venture between Aviva Plc (UK based company) and Dabur Invest Corp (one of the popular business in India).

Aviva Protection Plus Plan

Aviva Protection Plus Plan

Aviva Protection Plus is a non-linked non-participating individual life insurance savings plan by Aviva Life Insurance India. The plan comes with two ...

Unique Features

  • 2 Plan option
  • High sum assured rebate
  • Return of Premium

Aviva Protection Plus Plan (Pros)

Aviva Protection Plus Plan
  • Accidental Death Benefit
  • Critical Illness Benefit
  • Waiver of Premium

Aviva Protection Plus Plan (Cons)

Aviva Protection Plus Plan
  • No Policy Loan
  • No Investment Option
  • No Maturity Benefit

Aviva Protection Plus Plan (Other Benefits)

Aviva Protection Plus Plan
  • High Sum Assured Discount
  • Tax Benefit
  • Flexible PPT

Aviva Protection Plus Plan (Eligibility Criteria)

Aviva Protection Plus Plan
  • Entry Age - 20 yrs
  • Maturity Age- 65 yrs
  • Min Sum Assured-20 lac
  • Max Maturity Age-80 yrs
  • Tax Benefit - Yes

Canara HSBC Term Insurance

Explore India’s best-selling Term insurance plans below

Canara HSBC Life Insurance Company Limited is a major bancassurance-led insurance company with a vast portfolio of life insurance solutions and offers various products

iSelect Smart 360 Term

iSelect Smart 360 Term

Canara HSBC iSelect Smart 360 is a comprehensive protection plan that allows you to stay protected with a life cover at affordable premiums. It offers...

Unique Features

  • 3 Plan Options
  • Add Your Spouse
  • Block The Premium

iSelect Smart 360 Term (Pros)

iSelect Smart 360 Term
  • 3 Plan Options & Spouse Cover
  • Accidental Death Benefit
  • Accidental Total & Permanent Disability

iSelect Smart 360 Term (Cons)

iSelect Smart 360 Term
  • No Policy Loan Allowed
  • No Maturity Benefit
  • No Benefit On Revival

iSelect Smart 360 Term (Other Benefits)

iSelect Smart 360 Term
  • Critical & Terminal Illness
  • Option To Block Your Premium
  • 5% Loyalty Discount

iSelect Smart 360 Term (Eligibility Criteria)

iSelect Smart 360 Term
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 25 L
  • Maximum Maturity Age - 81 Yrs
  • Premium Payment Term - RP/SP/LP(5&25 Years)

Canara HSBC Young Term Plan

Canara HSBC Young Term Plan

Canara HSBC Young Term Plan is an online available pure protection term insurance plan. It offers two plan options, allowing policyholders to select t...

Unique Features

  • Life Stage Benefit
  • Special Exit Value
  • Child Care Benefit

Canara HSBC Young Term Plan (Pros)

Canara HSBC Young Term Plan
  • 2 Plan Options & Spouse Cover
  • Accidental Death Benefit
  • Accidental Total & Permanent Disability

Canara HSBC Young Term Plan (Cons)

Canara HSBC Young Term Plan
  • No Policy Loan Allowed
  • No Pre-Existing Diseases Cover
  • No Benefit on Revival

Canara HSBC Young Term Plan (Other Benefits)

Canara HSBC Young Term Plan
  • Critical & Terminal Illness
  • Option To Block Your Premium
  • 5% Loyalty Discount

Canara HSBC Young Term Plan (Eligibility Criteria)

Canara HSBC Young Term Plan
  • Entry Age -18 Years
  • Max Entry Age- 45 Years
  • Minimum Sum Assured - 25 L
  • Maximum Maturity Age - 99 Yrs
  • Premium Payment Term - RP/SP/LP(5 To 15 Yrs)

Canara HSBC Saral Jeevan Bima

Canara HSBC Saral Jeevan Bima

Canara HSBC Saral Jeevan Bima is a simple, easy to understand term insurance plan that comes with benefits like easy on pocket premiums, flexibility t...

Unique Features

  • Get Accidental Cover
  • Premium Discount for Female
  • Multiple Premium Paying Term

Canara HSBC Saral Jeevan Bima (Pros)

Canara HSBC Saral Jeevan Bima
  • Available for Online Buying
  • Choose to Pay Premium Once
  • High Sum Assured

Canara HSBC Saral Jeevan Bima (Cons)

Canara HSBC Saral Jeevan Bima
  • No Survival Benefit
  • No Maturity Benefit
  • No Surrender Benefit

Canara HSBC Saral Jeevan Bima (Other Benefits)

Canara HSBC Saral Jeevan Bima
  • Suicide Cover
  • Spouse Cover
  • Policy Revival Within 5 Years

Canara HSBC Saral Jeevan Bima (Eligibility Criteria)

Canara HSBC Saral Jeevan Bima
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 5 L
  • Maximum Maturity Age - NA
  • Premium Payment Term - RP/SP/LP(5&10 Years)

Canara HSBC Promise2Protect

Canara HSBC Promise2Protect

Promise2Protect by Canara HSBC Life Insurance is a pure protection plan that offers policyholders to choose from two plan options: Life Secure and Lif...

Unique Features

  • Increasing Coverage Option
  • 2 Plan Options
  • Spouse Coverage

Canara HSBC Promise2Protect (Pros)

Canara HSBC Promise2Protect
  • Choice of Death Benefits
  • Spouse Coverage Option
  • Option to Increase Sum Assured

Canara HSBC Promise2Protect (Cons)

Canara HSBC Promise2Protect
  • 1 year WP for suicide
  • No policy loan
  • No pre-existing illness cover

Canara HSBC Promise2Protect (Other Benefits)

Canara HSBC Promise2Protect
  • Special Exit Value
  • Death Benefits
  • Maturity Benefits

Canara HSBC Promise2Protect (Eligibility Criteria)

Canara HSBC Promise2Protect
  • Entry age - 18 years
  • Max entry age - 60 years
  • Min sum assured - Rs 15 lakhs
  • Max maturity age - 80 years
  • PPT - RP/SP/LP

Quick and Free Quick Comparison with Other Insurers

Edelweiss Tokio

Idbi Federal

Reliance Term

Pramerica Term

Sud Life

Birla Sun Life

Bharti Axa

Exide Term

Future Generali Term

Indiafirst

Lic Term

Canara Hsbc

Kotak Term

Sbi Term Insurance

Axis Max Term Insurance

Hdfc Term Insurance Plans

Bajaj Allianz Term Insurance Plan

Tata Aia Term Insurance

Icici Term Insurance

Bandhan Term Insurance

Pnb Metlife Term Insurance

Edelweiss Tokio

Idbi Federal

Reliance Term

Pramerica Term

Sud Life

Birla Sun Life

Aviva Term

Bharti Axa

Exide Term

Future Generali Term

Indiafirst

Lic Term

Kotak Term

Sbi Term Insurance

Axis Max Term Insurance

Hdfc Term Insurance Plans

Bajaj Allianz Term Insurance Plan

Tata Aia Term Insurance

Icici Term Insurance

Bandhan Term Insurance

Pnb Metlife Term Insurance

Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.

You May Also Know About

Term Insurance Best Term Insurance Plans Best Term Insurance Companies Term Insurance Calculator 1 Crore Term Insurance