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Pure Term Plan
Canara HSBC Oriental Bank of Commerce Life Company's Pure Term Plan is a traditional non participating term plan that provides pure life protection. This plan caters specifically to those who are looking for securing lifestyle for their family members in case of an unfortunate eventuality. It also caters to individuals who are the primary income earners of the family and may stand to suffer heavily in case of loss of income due to premature death.
Eligibility
Entry Age : Your age should be 18 years and 60 years.
Policy Term : You have a wide range of policy term to choose from to meet your needs accurately-pick a term from 5 to 30 years or coverage till age 60 years.
Sum Assured
The minimum sum assured you will get in Rs. 10, 00,000. You get sum assured at affordable cost, across wide range of coverage age, depending on your needs.
Premium Option
You have an option to choose Single premium (one time premium only) or regular premium (yearly, half yearly, quarterly, monthly).
Additional Benefits
If you are female, you get attractive rebate on premium rates.
You can save tax under section 80C & get free tax free benefits under section 10 (10D) of the income tax Act, 19611.
For more details on risk factors, terms & conditions, please read sales brochure carefully before concluding a sale.
Click here to download the brochure.
1The tax benefits are as per the laws prevailing on the date of issuance of this brochure and are subject to change.
Insurance is the subject matter of solicitation.
The Hongkong and Shanghai Banking Corporation Limited, India (License Number: 961387) whose registered office is at 52/60, M. G. Road, Fort, Mumbai 400 001, is the Corporate Agent of Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited. The Hongkong and Shanghai Banking Corporation Limited, India does not underwrite the risk or act as an insurer.
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