Canara HSBC Life Insurance has launched GAIN offering premium and multiple benefits including non-linked, non-participating individual life insurance and savings cum protection.
Banking & Finance
Canara HSBC Life Insurance has launched Guaranteed Assured Income (GAIN), a non-linked and non-participating life insurance cum savings plan, designed to provide financial protection to customers with a specific coverage period. GAIN ensures that the policyholder maintains a stable financial position. Customers opting for GAIN have the flexibility to choose the income tenure from 5 to 39 years depending on their needs. Thus, it caters to various budgets with flexible premium payment tenure. GAIN has three different plans to meet the needs of the customers. Short-term and long-term income options provide parallel income and a lump sum amount on maturity. The Early Income option provides immediate income with final benefits equal to 100 percent of the total premium. This plan offers life insurance for financial stability, an alternative savings source to secure goals and a guaranteed regular income with premium return flexibility.
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