Canara HSBC Life Insurance launches iSelect Guaranteed Future Plus; features, plan options and other key details
life insurance and assured benefits, ensuring the safeguarding of goals and providing peace of mind. This plan offers financial security and stability, catering to individuals and their families at various life stages and significant milestones.
The product encompasses a range of crucial features, including a life cover serving as a safety net for the policyholder and their loved ones, ensuring financial security during uncertain periods. With a 100% guarantee of benefits, the plan instills confidence in achieving financial objectives.
Furthermore, it empowers policyholders to accumulate a financial reserve for significant milestones like marriage, retirement, and child education, with guaranteed lump-sum benefits at the policy's conclusion. The option to receive the total premiums paid upon maturity adds an extra layer of assurance, guaranteeing a tangible financial return on investment.
To enhance protection, the plan offers optional benefits, allowing individuals to customise their coverage based on specific needs and preferences. Akshay Dhand, Appointed Actuary, Canara HSBC Life Insurance, on the launch of the new product, says, “We are delighted to announce “iSelect Guaranteed Future Plus", it aims to provide unparallel financial stability to the individuals who are looking for guaranteed returns from their self-tailored insurance policy.
Customized to meet specific insurance needs, the plan offers guaranteed benefits and flexible alternatives for effectively managing expenses in the long run. The proposition reflects our dedication to offering reliable solutions across various life stages." Tailored to meet customers' needs, the plan provides individuals with the flexibility to choose from a range of plan options.
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