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As you are identified as a PASA customer, you are eligible for a pre approved Sum Assured and annualized premium with below maximium limits. If your Sum Assured and Annualized Premium are within the limits then uploading of all Financial, Medical and KYC documents will be waived off.
The duration for which you wish to pay premium
The premium mentioned above is inclusive of taxes
Disclosures :
- Canara HSBC Life Insurance Money Back Advantage Plan is an individual Non-Linked Participating Life Insurance Plan.
- #Maturity Benefit payable under this plan is Guaranteed Sum Assured on Maturity which is equal to 55% of Sum Assured plus Accrued Annual Bonuses and Final Bonus, if any.
- The Policy will be eligible for bonuses from the profits emerging out of the with-profit fund managed by the Company by way of Annual bonuses and Final bonus, if any. The Company will declare the Annual bonus at the end of each financial year and once declared, the annual bonus will get accrued to the policy and is guaranteed to be payable.
- There is no guarantee on the amount of bonuses and these will be declared at the sole discretion of the company. Hence, the bonuses in this plan may vary from time to time.
- Tax benefits under this plan will be as per the prevailing Income Tax laws and are subject to amendments from time to time. For tax related queries, contact your independent tax advisor
- *Conditions Apply - Guaranteed Money Back Payouts and Guaranteed Maturity Benefits will be payable provided all premiums are paid as and when due
Disclaimers :
- Issuance of the policy and acceptance of the risk is completely at the discretion of the Canara HSBC Life Insurance Company Limited ("Company") and this premium quotation would in no way be tantamount to acceptance of risk by the Company.
- The above premium is for a healthy individual. Your application will be assessed as per board approved underwriting guidelines of the company. Basis underwriting, it may result in an extra premium to be paid, which shall be borne by you.
- For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale.
- The mentioned quote is valid till next birthday or 30 days from the quote generation date whichever is earlier.
- For any further clarifications, please free to contact us at 1800-103-0003 or email us at customerservice@canarahsbclife.in or visit our website www.canarahsbclife.com.