Canara HSBC Child Plan Features | Future Smart Plan Review

Canara HSBC Child Plan Review

Canara HSBC OBC Life Insurance provides the Canara HSBC Child Plan to give a secure future for your Child. The Child Plan that is offered by Canara Life provides the much needed financial support to the Children for their higher studies, Marriage, and for other expenses during college/ school. Every Parent wants their child future to be bright without any hurdles in the life. The Canara HSBC Life Child Plan provides the financial support for your kids, which they are going to face in the coming years. The importance of this Canara Child Plan is it provides the Full Sum Assured in the case of unfortunate death, and all the premiums are waived with Child Benefits. Parent has to invest some money from the income to fulfill the dreams of the Children. The Life Assured have to select the best Canara HSBC OBC Life Child Plan, which meets the requirements of your child. The Canara HSBC Children Plan is the best Children plan provided by Canara HSBC OBC Life Insurance.

The Various Canara Child Plans offered by Canara HSBC Life are Future Smart Plan, Smart Future Plan, Dream Smart Plan. The Life Assured can select any of the Canara HSBC OBC Life Insurance Company Child Plan according to the requirement. During the Policy term of Canara HSBC Life Child Plans, if the Life Assured dies the Nominee will receive the basic sum assured. The Life Insured have to select the best Child plans provided by Canara HSBC OBC Life as early as possible to fulfill the requirements of their children. The Premium of Canara Child Insurance Plan can be made using the Canara HSBC OBC Life Insurance Online Payment. The Features and Benefits of Canara HSBC Child Plan are available below.

Why we need Canara HSBC Life Child Plan?

Canara HSBC OBC Life Insurance Child Plan is one of most secure and systematic way to build up your child’s future. Canara Life Child Plan Safeguard your investments. By choosing Canara HSBC Child Insurance Plans, your dream of a perfect wedding come true. Canara HSBC Child Plan assists in handling the expenses for marriage and higher studies. Canara HSBC Child LifeInsurance helps to fulfill all the demands of your children without any compromise. By choosing Canara HSBC OBC Child Plan, you can get a secure future for your Children and a stress-free life for yourself. Canara HSBC Life Insurance also takes care of the changing markets conditions in future if you adapt any of the Canara HSBC Child Plan. Canara OBC Life Keep your savings growing and ensure complete peace of mind.

Canara HSBC OBC Child Plan Benefits and Features

Canara HSBC OBC Life Insurance Company offers the best policies with a broad range of advantages for you and your Family. There are 3 types of Canara Life Child Plans provided by Canara OBC Life Insurance. For all these Canara HSBC Child Plan there are different Features and Benefits. Keeping in the view of customer needs Canara Child Life Insurance Plan provides customized features. You can see the Benefits and Features that mentioned below.

Canara HSBC Child Life Insurance Plan Features and Benefits

The Features and Benefits vary for different Child Plans as per the plan opted by the Insured.

Features

Get guaranteed loyalty additions to boost your investment.
Get tax benefits on investment and on returns, as per applicable income tax laws.
Easy access to your investment through partial withdrawal.
Investment Funds.
Systematic Allocator to help you build wealth with ease.
Depending on your investment philosophy you can choose to invest in 5 investment funds. They are
- Equity II Fund.
- Growth Plus Fund.
- Balanced Plus Fund.
- Debt Plus Fund.
- Liquid Fund.

Benefits

Death Benefit: If the insured had died within the policy period, then the sum assured will be payable to their family members or nominee selected by the Insured.
Maturity Benefit: Maturity benefit applicable to this Saving Plans insurance plan.
Tax Benefit: You can get tax benefits on Canara HSBC Life Savings Plan for premiums paid under section 80C and Sec 10(10D) of Income Tax Act 1961 for the death benefit received by the insured family members. For information bout Tax on Insurance Policies, refer www.taxqueries.in.
Premium Funding Benefit.
Flexibilities like Fund Switching, Premium Redirection, Partial Withdrawl.

Canara HSBC OBC Life Insurance Child Plan

Canara HSBC OBC Life Insurance Company provides the best Child Plan. The plans offered by HSBC Life Insurance have attractive features and benefits. You can see the list of Canara HSBC Child Plan.

Future Smart Plan.
Smart Future Plan.
Dream Smart Plan.

The Insured will be covered with extra benefits as per the plan opted. For more details about Canara HSBC Child Plan, refer the below section.

Overview of Canara HSBC Life Child Insurance Plans

Canara HSBC Life Child plans are available here with benefits and features. Let us take a look at the Overview of HSBC Life Child Insurance Plans.

Canara HSBC Future Smart Plan Child Insurance Plan is a unit-linked child plan that provides a long-term investment opportunity. The entry age to take the policy should be between 18 years to 60 years. The Policy term is for 10 years, 15 years, 20 years or 25 years. This plan offers only annual premium payment option. Depending on your investment philosophy you can choose to invest in 5 investment funds with equity exposure ranging 0% to 100%. The Insured can opt for milestone withdrawals then you can receive 15T of fund value in each of the last 5 years. For detailed information, please refer below link.

Canara HSBC Future Smart Plan Child Insurance Plan

Canara HSBC Smart Future Child Insurance Plan is a unit-linked plan that provides a long-term investment opportunity to fulfill various family needs. The Insured will be covered with Premium Funding Benefit in a case of an unfortunate event. You can choose the Policy terms for 10 years, 15 years, 20 years or 25 years. The entry age to take the policy should be between 18 years to 51 years. The Life Assured can choose any premium paying term from 10 years to 20 years. For more information, please refer below link.

Canara HSBC Smart Future Child Insurance Plan

Canara HSBC Dream Smart Child Insurance Plan is a Unit-Linked Insurance Plan (ULIP) helps save for your specific dreams. This plan offers only annual premium payment option and the minimum annual premium is Rs 25,000. The policyholder will get 1% of the total fund value at maturity as loyalty addition. The entry age to take the policy should be between 7 years to 60 years. The Insured can choose any premium paying term between 10 years and 20 years. Depending on your investment philosophy you can choose to invest in 5 investment funds with equity exposure ranging 0% to 100%. For detailed information, please refer below link.

Canara HSBC Dream Smart Child Insurance Plan

Canara HSBC Child Plan Related Documents and Posts

Here we are providing related posts of the HSBC Life Child Plan. Click the below links, if you want to know the details about the Online Payment, Recruitment, Renewal, Claim Forms, and Documents.

Canara HSBC Child Plan – Canara HSBC OBC Future Smart Plan Review, Benefits, Features