Canara HSBC OBC Protection Plans Information is available here. Check the details about the Canara HSBC OBC Premium Calculator, Benefits, Features, Canara Premium Calculator, Canara Claim Forms, and Documents details.
Canara HSBC OBC Protection Plans
Canara HSBC OBC Protection Plans provides various Insurance Policies for the customers. The customers who want to know about the Canara HSBC Oriental Bank of Commerce Protection Policy details can get information here. These Canara HSBC OBC Protection Insurance Policies are two types. Those are given below.
- Smart Suraksha Plan.
- eSmart Term Plan.
Why Do You Need to Buy Canara HSBC OBC Protection Insurance Plans?
Check the reasons to buy this Canara HSBC Oriental Bank of Commerce Protection Insurance Plan.
- Buy Life Insurance with a low cost.
- Quick and easy Buying through online.
- Claiming Process is Easy.
- Premium Payments tax benefits available.
- Option to cover accidental death.
- Easy and Quick Claiming Process.
- Fast settlement on Customer Claims.
Smart Suraksha Plan – Canara HSBC Oriental Bank of Commerce Protection Policy
The Smart Suraksha Plan is one of the best policy in Canara HSBC OBC Life Insurance. This Smart Suraksha Plan is a pure protection plan that offers life insurance cover against disability / accidental death. UIN: 136N039V01 is the Unique Identification Number for this Canara HSBC Oriental Bank of Commerce Protection Smart Suraksha Plan. For more details regarding this Policy, click on the Smart Suraksha Policy Brochure provided here.
CanaraHSBCOBC Smart Suraksha Plan Benefits
Death Benefit :
1. Life Cover: In the case of unfortunate event of a death of the Policy Holder, the sum assured will be paid to the nominee.
2. Accident Plus: In the case of the Policy Holder unfortunate death due to an accident then the additional amount of money which equal to the Sum Assured will be paid to the nominee along with the Base sum assured.
3. Disability Plus: In case the life insured suffers permanent disability due to an accident, the policy sum assured will be paid to the life assured and the plan will terminate.
Maturity Benefits
There are no Maturity benefits under this plan.
Other Benefits
- On High Sum Assured: The Policy Holder can Sum Assured of Rs. 1 crore and above then they are eligible for a discount.
- For women: The premium would be set back by 3 years if policies are purchased by women.
Tax Benefit
Tax benefit on the Section 80C of income Tax Act, 1961 is applicable.
How the Smart Suraksha Plan Works?
The Canara HSBC Oriental Bank of Commerce Smart Suraksha Plan provides Annual Premium for different ages and term. The complete details available here.
| Sum Assured | Age | Plan option | Policy term | ||
| 15 yrs | 20 yrs | 25 yrs | |||
| Rs. 50,00,000 | 30 yrs | Life Cover | 4,591 | 4,704 | 5,207 |
| Accident Plus | 7,337 | 7,370 | 7,849 | ||
| Disability Plus | 8,146 | 8,147 | 8,609 | ||
| 40 yrs | Life Cover | 7,116 | 8,256 | 9,736 | |
| Accident Plus | 9,780 | 10,893 | 12,358 | ||
| Disability Plus | 10,552 | 11,646 | 13,099 | ||
Canara HSBC OBC Smart Suraksha Plan Eligibility
The Canara HSBC Oriental Bank of Commerce Smart Suraksha Plan Eligibility details are given below. The Customer can get complete details here.
| Parameter | Description |
| Entry age | 18 yrs – 65 yrs |
| Maximum age at Maturity | 75 years |
| Policy Term | 5 yrs /10 yrs/ 15 yrs/ 20 yrs/ 25 yrs/ 30 yrs or coverage up to Age 60 |
| Premium Payment Term | Regular premium payment (Same as Policy Term) |
| Premium Mode | Yearly/ monthly |
| Annual Premium | Minimum premium will depend on minimum entry age and minimum sum assured. Maximum premium : No limit |
| Sum Assured | Rs. 20,00,000 & above (subject to underwriting) Maximum Sum Assured in Life Cover option – No Limit Max Sum Assured under Accident Plus: Rs 3 Cr Maximum Sum Assured under Disability Plus: Rs. 1Cr |
eSmart Term Plan – Canara HSBC Oriental Bank of Commerce Protection Policy
The Person who work hard and earns money for his family needs. If you not available then also provide financial support for them is possible through this eSmart Term Plan. This policy provides security for your family in the absence of you. UIN: 136N023V01 is the Unique Identification Number for this Canara HSBC Oriental Bank of Commerce Protection eSmart Term Plan. For more details regarding this Policy, click on the eSmart Term Policy Brochure provided here.
CanaraHSBC eSmart Term Plan Benefits
Death Benefits Option
In the unfortunate death of Life Insured during the policy term, the nominee shall get the following benefits.
| Option | Benefits Paid to Nominee |
| A | Sum Assured |
| B | Sum Assured PLUS Accidental Death Benefit (ADB) |
How the Canara HSBC OBC eSmart Term Plan Works?
The eSmart Term Plan comes with a low cost. The below table provides Annual Premium for different combinations of age and term for a user, healthy male:
| Option | Life Cover | Annual Premium (Rs) | ||||||
| Age (years) | 25 | 30 | 35 | 40 | 45 | 50 | ||
| A | Sum Assured of Rs 1 crore | Term – 20 yer | 6,172 | 6,385 | 8,401 | 12,105 | 18,120 | 28,092 |
| Term – 25 yer | 6,172 | 7,314 | 10,126 | 14,873 | 22,685 | 36,167 | ||
| B | Sum Assured of Rs 1 crore + ADB Sum Assured of Rs 1 crore | Term – 20 yer | 11,160 | 11,273 | 13,204 | 16,917 | 22,936 | 32,906 |
| Term – 25 yer | 11,16 | 12,117 | 14,940 | 19,691 | 27,501 | 40,981 | ||
Under this Canara HSBC OBC Protection Plan, as compared to males, female lives enjoy better rates with same age.
eSmart Term Plan Eligibility
The Canara HSBC Oriental Bank of Commerce eSmart Term Plan Eligibility details are given below. The Customer can get complete details here.
| Eligibility Criteria | Minimum | Maximum |
| Entry age (Life Assured) | 18 years | 70 years |
| Policy Term | 5 years | 40 years (provided you are 75 years or younger at the end of the term) |
| Premium Payment Term | This plan offers only annual premium payment mode. You will have to pay this premium throughout the policy term chosen by you | |
| Sum Assured | Rs 25,00,000 | No maximum limit, subject to underwriting |
Canara HSBC Protection Insurance Plans Premium Calculator
The Canara HSBC OBC Protection Plans Premium Calculator is available on the official website. The Customers can directly calculate their Premium by following this process.
- Open the Official Website www.canarahsbclife.com.
- Click on the All Plans option.
- Select the Plan which you want to buy.
- That particular plan page will be displayed.
- Calculate Premium option is available there on the right side navigation.
- Click on the Calculate Premium option then it will redirect to the Calculator page.
- Check your Premium details there.
These Canara HSBC OBC Protection Plans Premium Calculator is also available on our site. The People who interested in buying this policy have to know complete details about the policy. Those have to check the premium details and buy Canara HSBC OBC Protection Plans to secure you and your family.
Canara HSBCOBC Insurance Plans Buying Process
Canara HSBC OBC Protection Plans are available at the Nearest Canara HSBC OBC Insurance Branch Office, or you can buy from the HSBC OBC Insurance Agents. Online Buying is also available on the official website. The Customers can directly buy the Policy from the homepage. The Online Process for buying is given below.
- Open the Official Website www.canarahsbclife.com.
- Click on the All Plans option.
- Select the Plan which you want to buy.
- That particular plan page will be displayed.
- Buy Online for that particular plan is available.
- Click on the Buy Online option.
- Check the Premium Calculator and get details.
- Next, click on the Buy now option.
- Fill the Text boxes with correct details.
- And upload the required documents with specified size.
- Finally Submit the form carefully.
- Take a Print out for the further reference.
Canara HSBC Oriental Bank of Commerce Protection Insurance Claim Process
The Policyholder / Nominee can apply for the Claim in the case of Sudden Death or Disability Occurred due to the Sudden Accident of the Policyholder within the Policy Term or if your Policy Maturity Period completed. The respective individual can apply for Claim process through online at the official website. The alternative ways to apply for the claim such as at Branch Office, Mail Id services and Helpline Number. The following documents required for the claim.
- Death Certificate issued by Municipal authorities.
- Original policy document.
- A copy of Bank Pass Book / Cancel Cheque.
- Photo Identification & address proof of the claimant.
- Hospital / Other treatment records.
- Post-mortem and chemical viscera report.
- Physician’s Statement.