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Canara Saral
508-/ per month
VS
Hdfc Life Click 2 Protect Elite
671/- per month
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 |
Hdfc Life Click 2 Protect Elite |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Maturity age | Maximum Maturity Age - 70 years | Maximum Maturity Age - 45 years |
| Plan Sum Assured | Basic Sum Assured: Rs. 5 Lakhs to Rs. 25 Lakhs | Base sum assured: 2 Crores to No Limit |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 65 years | Minimum Age - 18 years Maximum Age - 45 years |
| Plan Payment modes | Yearly, half-yearly & monthly | Monthly, Quarterly, and Half-yearly and Yearly |
| Plan Policy loan | The policy loan is not available under Canara HSBC Saral Jeevan Bima Plan. | The policy loan is available under HDFC Life Click 2 Protect Elite Plan |
| Plan Sample Premium | Rs 508-/ per month | Rs 671/- per month |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy Term | Minimum term - 5 years Maximum term - 40 years | 15 to 40 Years |
| Claim Settlement Ratio (2024-25) | 99.43% | 99.68% |
|
Canara HSBC Term Insurance Plans |
||
* 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.
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