Canara HSBC Pure Term Plan
Canara HSBC Pure Term Plan is a pure term insurance policy which offers high coverage at low and affordable premiums. In this type of policies, if the life insured dies then the nominee is given the sum assured but nothing is payable to him on maturity. Canara HSBC OBC Life Pure Term Plan is a term insurance plan which is cheaper than most of the term insurance plans in the market.
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Key Features of Canara HSBC OBC Life Pure Term Plan
Benefits you get from Canara HSBC OBC Life Pure Term Plan
Eligibility conditions and other restrictions in this Pure Term Plan
|
Minimum |
Maximum |
Sum Assured (in Rs.) |
10,00,000 |
No Limit |
Policy Term (in years) |
5 |
30 |
Premium Payment Term (in years) |
Single |
Equal to policy term |
Entry Age of Policyholder |
18 |
64 |
Age at Maturity |
- |
74 |
Single premium (in Rs.) |
NA |
NA |
Payment modes |
Single, Yearly, Half-Yearly, Quarterly, Monthly |
Sample illustration of premium amount in Canara HSBC OBC Life Pure Term Plan
The below illustration is for a healthy Male and Female opting for a Sum Assured = Rs. 25 lakhs and Policy Term = 25 years
Additional Features and Benefits of Canara HSBC OBC Life Pure Term Plan
Riders – No riders are available in this policy
What happens if?