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Saving Plans

Why Invest in a Saving Plan?

As you move towards different life stages, there are goals you will come across which are uncompromising in nature; such as your child’s education or marriage or providing financial security to a loved one’s in your absence or even enhancing your own life style. In order to be prepared financially for a better life for your loved ones, you always need to plan ahead for the promises you made. That's why you need a comprehensive solution that helps you achieve these dreams and can also be customized to match your financial needs while giving you peace of mind. We understand this and wish to stand with you in this journey of fulfilling promises. Here’s why you should invest in a saving plan.

Creating wealth to fulfill your life goals

Money back payouts of regular income

Securing family's future financially with long term protection, even if you are not around

Flexible premium payment & policy term options to customize your savings horizon

Being prepared for inflation, through regular investment

Tax savings on premiums paid

Our Plans

Saving plans allow you to create wealth for future and also offer comprehensive life coverage at the same time.

Wealth Edge Plan

Canara HSBC Life Insurance Wealth Edge is an individual linked life insurance cum savings plan, designed as per your needs. This plan recognizes the importance of your life goals and helps you fulfill them along with the added shield of life insurance to protect you and your family against any uncertainties in the future. It empowers you to deliver the promises you have made to your near and dear ones.

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Disclaimer

Canara Bank (IRDAI Regn. No. CA0045) is the Corporate Agent of the Insurer.

The online journey is being enabled through the Insurance Self Network platform (ISNP) of the Company where Canara Bank is a market participant as the corporate agent of the insurer.

Purchase of any insurance products by a bank's customer is purely voluntary and is not linked to availment of any other facility from the bank.

Trade Logo of Canara HSBC Life Insurance Company Limited is used under license with Canara Bank and HSBC Group Management Services Limited.

We pride in 170+ years of trusted service to our customers backed by our key partners Canara Bank (founded in 1906) and HSBC Insurance (founded in 1970). 99.23% Claims ratio : Individual death claims settled and reported in public disclosures for FY 2023-24.

The Insurance products are offered and underwritten by Insurer (IRDAI Regn. No. 136) having its head office at 139 P, Sector - 44, Gurugram - 122003, Haryana, India.

The premium mentioned is for standard lives. Premium rates for tobacco users will vary. Your actual premium will depend on the Company's assessment of risks on your health, lifestyle, occupation, etc. Annualized premium may vary for monthly mode.

For more details on risk factors, terms and conditions please read the Sales Brochure carefully before concluding a sale.

Website: www.canarahsbclife.com
Call (Toll free no.): 1800-103-003/1800-891-003
SMS: 9779030003
Missed Call: 8071262709
Email: customerservice@canarahsbclife.in

Tax benefits under the plan will be as per the prevailing Income Tax laws and are subject to amendments from time to time. For tax related queries, contact your independent tax advisor.

Collection of advance premium shall be allowed within the same financial year for the premium due in that financial year. However, where the premium due in a financial year is being collected in previous financial year, the premium may be collected for a maximum period of three months in advance of the due date of the premium. The premium so collected in advance shall only be adjusted on the due date of the premium. Such advance premium, if any, paid by the Policyholder shall not carry any interest.

Medical charges will be deducted in case of non-issuance of the policy.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

Canara HSBC Life Insurance Company Limited
IRDAI Registration no: 136

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