Canara HSBC OBC Life Samridhi Bhavishya Plan

Guaranteed  lifetime income directly credited to your bank account to cater to your needs.

Option to receive regular payments for as long as you or your partner is alive.

Option to choose lifetime annuity with guaranteed payment period of 5/10/15/20 years.

Flexibility to choose annuity installment frequency as annual, semi-annual, quarterly or monthly.

High purchase price benefit through an increase in annuity rates.

As this is an annuity plan so there is no death benefit under this product.

You can choose one of the following annuity options at the time of purchase:

1. Lifetime annuity.
2. Lifetime annuity with guaranteed payment period of 5, 10, 15 & 20 years.
3. Joint Life, Last survivor with 100% annuity to the secondary annuitant on death of the primary annuitant.

For annuity options (1) and (3) - till the death of the annuitant (Single Life) & till the death of the last survivor (Joint life).
For annuity options (2) till the death of the annuitant or end of guaranteed payment period, whichever is higher.