Canara HSBC Life Insurance with Oriental Bank of Commerce

Can you tell me about the Canara HSBC OBC Life Insurance Plans offered by Canara HSBC OBC Life Insurance Company Ltd?

The Company is a Joint Venture between Canara Bank, HSBC Insurance (Asia Pacific) Holding Ltd and Oriental Bank of Commerce (OBC). In this venture, Canara Bank owns 51% equity while HSBC Insurance and OBC own 26% and 23% equity respectively.

Canara Bank and Oriental Bank of Commerce are two of India's largest public sector banks and HSBC Insurance (Asia Pacific) Holdings Limited is the Asian insurance arm of one of the world's largest banking and financial services groups - HSBC.

Canara HSBC OBC Life Insurance Plans

Canara HSBC Plan Type Entry Age Max Maturity Policy Term
OBC Plan Age

eSmart Term Plan Term Plan 18 – 70 years 75 years 5 – 40 years

Grow Smart Plan Unit-Linked 7 - 65 years N/A Whole life
Whole Life
Insurance Plan

Dream Smart Plan Unit-Linked 7 - 60 years 80 years 20 years
Insurance Plan

Future Smart Plan Unit-Linked 18 – 60 years 70 years 10, 15, 20, 25 Child Plan years

Smart Monthly Traditional 18 – 55 years 80 years 25 years
participating savings
plan with guaranteed
monthly Income Plan
income benefit

Smart Stage Money Traditional 8 - 55 years 70 years 15 years
Back Plan participating savings
oriented life
insurance money
back plan

Smart One Pay Plan Single Pay 7 – 70 years Same as policy 5 – 25 year
Unit-Linked Term
Endowment
Plan

Insure Smart Plan Unit-Linked 8 – 70 years At least 10 years 10,15,20,25
Life Insurance from commencement years
Plan of the policy

ShubhLabh Plan Single Pay 7 – 70 years N/A 5 – 40 years
Unit-Linked
Insurance Plan

Smart Goals Plan Unit-linked
Insurance Plan 8 – 64 years Option1: Option1: 10 years
18 – 74 years Option 2:
Option2: 15, 20, 25 Year
23-79 years

Smart Lifelong Plan Unit-Linked 7 – 65 years N/A Up to 99 years
Life Insurance
Plan

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