Current Affairs   »   Banking Current Affairs 2022   »   Canara HSBC Life Insurance Launches iSelect...

Canara HSBC Life Insurance Launches iSelect Guaranteed Future Plan

iSelect Guaranteed Future

Canara HSBC Life Insurance launched iSelect Guaranteed Future. The iSelect is an individual, non-linked, non-participating, savings and protection life insurance plan over the company’s digital platform. The project targets new-age customers who are most active on the internet and prefer digital platforms.

The product offers guaranteed benefits with the flexibility to choose plan options, premium amount, premium payment term, Policy term, and premium payment mode basis the customer’s saving needs.

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 Key Points related to iSelect Guaranteed Future

  • The iSelect will help in capitalizing on the digital presence of Canara HSBC Life Insurance.
  • It aims to provide customers with a comprehensive insurance product that enables savings while providing financial security for their loved ones.
  • This plan will allow customers to maximize savings for their milestones and achieve financial goals.
  • The plan also comes with a host of features and has been designed to provide short and long-term financial requirements.
  • The plan also comes with ‘Guaranteed Maturity Benefits’, which will take care of the financial dream and goals of the customers.
  • Another feature is ‘Boost Your Maturity’ which guarantees additions accrue during the last five policy years to enhance the policy’s benefits to the customers.
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