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Canara HSBC Saral Jeevan Bima is an affordable term plan with flexible term, lump sum cover, and day 1 accidental death benefit. The design of this plan is best for buyers who are looking for simple and low-cost protection. The policy provides coverage from ₹5 lakh to ₹25 lakh with premium discounts for non-smokers and females.
The Saral Jeevan Term Plan by Canara HSBC also offers discounts for non-smokers and females.
Canara HSBC Saral Jeevan Bima Plan offers you a range of benefits including:

| PLAN DETAILS |
Canara Saral |
Guaranteed Protection Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Maturity age | Maximum Maturity Age - 70 years | Maximum Maturity Age - 99 years |
| Plan Sum Assured | Basic Sum Assured: Rs. 5 Lakhs to Rs. 25 Lakhs | Base sum assured: Rs 50 lakhs to unlimited. |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 65 years | Minimum Age: 18 years; Maximum Age: 65 years |
| Plan Payment modes | Yearly, half-yearly & monthly | Annual, half-yearly, quarterly & monthly |
| Plan Policy loan | The policy loan is not available under Canara HSBC Saral Jeevan Bima Plan. | The policy loan is not available under IndiaFirst Guaranteed Protection Plan. |
| Plan Sample Premium | Rs 508-/ per month | Rs 563-/ per month |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy Term | Minimum term - 5 years Maximum term - 40 years | Minimum term: 10 years; Maximum term: 81 years |
| Claim Settlement Ratio (2024-25) | 99.43% | 98.04% |
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Canara HSBC Term Insurance Plans IndiaFirst Life Insurance Term Plans |
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* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.