Canara HSBC Oriental Bank of Commerce Life Insurance launches 'iSelect Smart360 Term Plan'

Canara HSBC Oriental Bank of Commerce Life Insurance has launched a new term insurance iSelect Smart360 term plan. This term plan offers comprehensive protection. It is a flexible term plan that suits all stages and needs of its buyer's life. This plan gives the customer the freedom to choose from three plan options available depending on the individual needs. These three options are – Life Secure which offers Life Cover, Life Secure with income provides survival income benefit in addition to Life cover and Life Secure with return of premium Life cover with return of premium after the policy term is over offers.

Many optional features are inbuilt in the new insurance plan offered by the company. This includes block premium benefit, coverage against 40 listed critical illnesses, option to increase the cover by opting for Accidental Death/Disability and Terminal Illness Benefit, Child Care Benefit, Early Exit Benefit etc. The iSelect Smart360 Term plan with its wide range of aspects provides complete protection to individuals and their loved ones.

Anuj Mathur, MD & CEO, Canara HSBC Oriental Bank of Commerce Life Insurance at the launch of the iSelect Smart360 Term Plan said, “Whenever we create new products for the market, our first thought is always to look for ways to which protect the financial health of the buyers. Our customers place a great deal of trust in us and we truly realize and accept the expectations of our customers.

This can also be seen in our new offering 'iSelect Smart360 Term Plan'. It is a flexible, feature-rich product designed to provide convenience and financial security to those looking for insurance. The product helps in assessing their current coverage needs with changing times and life achievements. This kind of product benchmarking is very important in today's times when customers are constantly on the lookout for convenient and simple insurance products.”