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Product Information
Other Plans Assured Nivesh Plan
Synopsis:
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Canara HSBC Oriental Bank of Commerce Life Insurance Assured Nivesh Plan is a savings- cum-protection plan that provides life insurance cover and savings in the ease of a single plan.

Highlights:

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  • Insurance coverage throughout the policy term through payout of death benefit in case of death of the life assured
  • Limited premium term of either 7 or 10 years depending on what suits you best
  • Guaranteed savings through guaranteed payout of Sum Assured at maturity.Boost your maturity benefit with Annual bonuses & Final bonus (if any)Better Value for higher premiums - through high Sum Assured rebate structure
  • Benefits under this plan may be eligible for tax benefits
Eligibility:
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Parameter Description
Entry age 18 years - 55 years
Maturity Age 75 years
Policy Term Fixed policy term of 15 & 20 years
Premium Payment Term 1.For Policy term 15 years - 7 years premium paying term
2.For Policy term 20 years - 10 years premium paying term
Premium Mode Annual & Monthly
Annual Premium Minimum premium will depend on minimum entry age and minimum sum assured.
Maximum premium No limit
Sum Assured Minimum Sum Assured under this plan is Rs 3,00,000 for Annual Mode.& Rs 5,00,000 for monthly mode. There is no limit to maximum sum assured