Future Generali 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

Compare

Future Generali Term vs Canara Hsbc

Future Generali Term

Future Generali India Life Insurance Company has a presence in 1300+ owned and partnered locations in India and offers insurance solutions across both, the individual and group.

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 Future Generali Term Insurance Plans

Future Generali 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)

Rs 1758.01 crores

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

95.04%

Payout Options

99.51%
Solvency Ratio

Solvency Ratio

2

Solvency Ratio

1.9
Pan India Presence

Pan India Presence

120+ branches

Pan India Presence

231+
Riders Available

Riders Available

Accidental Death Benefit Rider, Accidental Total Permanent Disability Protection Rider, Critical Illness Benefit Rider

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

5 to 30 years

Policy Term

5 to 40 years

Know More About Companies

Overview

Future Generali Term Insurance: Overview 

Future Generali Insurance is a joint venture between two industry titans, 'Future Group' and 'Generali Group'. Future Generali term insurance plans offer you the chance to protect your family from financial adversaries in your absence and allow them to lead a life without making any financial compromises.

The company was incorporated in September 2007 to provide retail, commercial, personal, and rural insurance solutions to individuals and corporations to help them manage and mitigate risks. Future Generali is also one of the very few insurers who take care not only of your family members but also offer health insurance for your pet.

Future Generali offers a variety of term insurance plans that offer protection to your loved ones. The company has total assets under management of the value of Rs. 5300 crores, over 3 million policies sold across India, and 2.6+ lakh claims settled per year.

Future Generali offers 5 online term insurance plans: Care Plus, Saral Jeevan Bima, Express Term Life, Flexi Online Term, and Jan Suraksha. Each plan has its benefits or features and is designed to serve different objectives.

What are some of the
Benefits
that set them apart?

  • Stay protected against 34 critical illnesses

  • Tax benefits under section 80C or 10(10D)

  • Avail high sum assured discount

  • Get life cover at affordable premiums

  • Special premium rates for women

  • Increasing Income Protection

  • Monthly income benefit   

Riders

Riders You Can Avail With Future Generali Term Insurance Plans

Name of the rider Benefits
Future Generali Accidental Death Benefit Rider Future Generali Accidental Death Benefit Rider is an optional rider that you can select with your Future Generali term plan. It provides an additional rider sum assured payout in case of accidental death. 
Future Generali Accidental Total Permanent Disability Protection Rider Future Generali Accidental Total Permanent Disability Rider can be attached to your Future Generali term plan. The rider offers benefits in case of permanent disability due to an accident. 
Future Generali Critical Illness Benefit Rider Future Generali critical illness rider offers an additional payout in case of diagnosis of any of the listed critical illnesses in the Future Generali term insurance policy. 

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

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.

Future Generali Term Insurance

Explore India’s best-selling Term insurance plans below

Future Generali India Life Insurance Company has a presence in 1300+ owned and partnered locations in India and offers insurance solutions across both, the individual and group.

Future Generali Care Plus Plan is a pure protection term plan designed to offer a financial shield for an individual and their family in the case of u...

Unique Features

  • Death Benefit
  • 2 Plan Options
  • Accidental Rider

Future Generali Care Plus (Pros)

Future Generali Care Plus
  • Discount on Higher SA
  • Accidental Death Rider
  • Customizable Plan

Future Generali Care Plus (Cons)

Future Generali Care Plus
  • No Maturity Benefit
  • No Surrender Benefit
  • No Policy Loan Allowed

Future Generali Care Plus (Other Benefits)

Future Generali Care Plus
  • 2 Indicative Premium Rates
  • 1 Cr Sum Assured Plan
  • Suicide Cover After 1 Year

Future Generali Care Plus (Eligibility Criteria)

Future Generali Care Plus
  • Entry Age -18 Years
  • Max Entry Age- 65 Years
  • Minimum Sum Assured - 25 L
  • Maximum Maturity Age - 85 Yrs
  • Premium Payment Term - 25 Yrs (RP)

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

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 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 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)

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
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.