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Canara HSBC Life Insurance Company Limited is a joint venture between Canara Bank and HSBC Insurance that offers individual and group life, term, savings, and retirement plans across India.
Canara HSBC Life Insurance is a joint venture between Canara Bank, HSBC, and Oriental Bank of Commerce. iSelect Smart 360 offers 99.4% claim settlement with good underwriting support.
2 plans available — compare coverage, premium, and key features.
Special low premium rates for young buyers with increasing cover option as income grows.
Key Features
Step-by-step claim process for Canara HSBC.
Call 1800-103-0003 or visit canarahsbclife.com. Nominee can also submit claim at any Canara or HSBC branch.
Submit documents at Canara Bank or HSBC branch — very convenient for existing bank customers. Online submission also available.
Claims processed within 30 days. Branch network provides additional support for follow-ups.
Claim amount credited to nominee's Canara or HSBC account — fastest for bank customers.
Canara HSBC combines the trust of two established banks with solid claim settlement. Best for traditional buyers who prefer bancassurance over digital-first insurers.
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Yes — Canara HSBC Life Insurance is available at all Canara Bank and HSBC branches. This makes it very convenient for existing bank customers.
Canara HSBC has a claim settlement ratio of 99.4% as per IRDAI Annual Reports.
Yes — iSelect Smart 360 offers joint life cover for couples. Both partners are covered under one policy.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official Canara HSBC website before purchasing.
360-degree protection with multiple plan combinations
Key Features
Canara HSBC iSelect Smart 360 offers maximum coverage of ₹2Cr. For higher coverage needs, HDFC Life or Axis Max Life are better options.
Yes — HSBC's international network makes Canara HSBC a good option for NRIs wanting Indian life insurance with easy international support.