Canara HSBC Life Insurance Launches Promise2Secure Holistic Protection Plan
Canara HSBC Life Insurance announced the launch of Promise2Secure, a non-linked, non-participating individual pure risk premium life insurance plan designed to provide comprehensive financial protection. The plan offers life cover, spouse protection, accidental death and disability coverage, critical illness coverage, child care benefit, and a return of premium option. It features flexible death benefit payouts, premium deferment, and value-added services including health and wellness benefits and online will preparation. Customers can lock in premium rates at inception and increase coverage by up to 100% within the first five years. The product is available in two variants: Life Secure and Life Secure with Return of Premium. Rishi Mathur, Chief Marketing Officer, stated the product addresses evolving customer needs across life stages. The launch reinforces the company's commitment to customer-centric protection solutions.
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