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Product Information
Other Plans Smart Stage Money Back Plan (Tradition plan)
Synopsis:
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Canara HSBC Oriental Bank of Commerce Life Insurance Smart Stage Money Back Plan provides financial protection to your family by offering life cover and the helps you be prepared for the life's important milestones by milestone based payouts through guaranteed money backs.

Benefits:

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  • Life Cover Benefits
    1. Sum Assured: Minimum Sum assured under this plan is 1,00,000.
  • Death Benefits
  • Survival Benefits
    1. Money back payouts: Guaranteed Money Back payouts at the end of the 4th, 8th and 12th policy year as detailed below will be paid:
Eligibility:
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Entry Age Minimum: 8 years Maximum: 55 years (Age as at last birthday)
Maximum Maturity Age 70 years
Policy Term 15 years
Premium Payment Term 11 years
Sum Assured Minimum Sum Assured under this plan is 1,00,000.
There is no limit on Maximum Sum Assured, subject to underwriting
Premium Mode & Modal Factors Annual/Monthly
Monthly mode will be available only with SI/ECS option.
For Monthly mode, the Annual premium needs to be multiplied with a factor of 0.09 to arrive at the monthly premium payable.
Minimum / Maximum Premium Minimum premium will depend on minimum entry age and minimum Sum Assured Maximum premium: No Limit your life there are various needs and milestones for which you need to plan and be financially ready. These milestones could be related to your child's education or extracurricular activities, or your aspirational needs such as vacation or purchasing a new home. Life Insurance Cover for 15 years.Guaranteed** Money Back payouts (15% of Sum Assured) in the 4th, 8th and 12th policy years.Annual and final bonus# received as lumpsum in the 15th policy year.Guaranteed** Maturity Benefit equal to 55% of the Sum Assured.Limited payout term of 11 years with Annual and Monthly option.