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Term Insurance : Canara HSBC OBC Life - Pure Term Plan


Coverage (Features): The plan has been designed for people who want to avail of the benefits of life insurance at low cost. It is a low premium, pure risk coverage plan which takes care of your financial commitments towards your family or dependents, should anything unfortunate happen to you.

General Exclusions: In case the life insured commits suicide within one year of the date of issue of the plan or date of revival, the beneficiary would not receive any of the benefits outlined in the plan.
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Details of Canara HSBC OBC Life - Pure Term Plan
Grace Period: 30
Premium Cost: 10644
Premium Frequency: Yearly, Half-Yearly, Quarterly, Monthly
Max Age at maturity: 74
Pre-mandatory Medicals: Yes
Cost of Health Checkup: DNA
Conversion Option: No
Number of Riders Covered: 0
Riders covered
No riders available
Surrender Value: No
Revival of Lapse Policy: Within 5 years of the date discontinuance of the premium.
Income Tax benefit: Premium paid towards this policy will be eligible for tax benefit under Section 80 C under Income Tax Act.
Clauses for Cancellation: Within 15 days from the receipt of the enclosed policy document.


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