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Insurance Company
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Canara HSBC OBC Life Insurance Company Ltd
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Plan Name
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Canara HSBC Life Secure Smart Plan
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Plan Nature
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TRADITIONAL
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Plan Category
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Protection Plan
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UIN No.
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136N017V01
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About Plan
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Your life is defined by special milestones - your first home, birth of your child, child attending graduation. However, achieving these milestones comes with a price tag and you do not want to leave anything to chance. Presenting Canara HSBC Oriental Bank of Commerce Life Insurance Secure Smart Plan that provides guaranteed benefits to ensure that your life is full of wonderful memories and no compromises.
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Minimum Entry Age
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18years
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Maximum Entry Age
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60years
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Maximum Maturity Age
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75years of age.
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Minimum Premium
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Rs.10000
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Maximum Premium
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No Limit
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Premium Paying Term
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Fixed term of 10yers
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Maximum Policy Term
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Fixed term of 15years
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Benefits
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| Particulars | Description |
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Maturity Benefits
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On maturity, the Sum Assured along with allotted Sum Assured Additions during the term will be paid to you.
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Tax Benefits
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| Section | Description |
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SEC 80 C
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Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
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SEC 10 (10)D
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Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
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Sum Assured is guaranteed at maturity.
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Your policy benefits are enhanced with Sum Assured Additions, every time you pay premium. The product offers Sum Assured Additions as a percentage of the Sum Assured. First such addition will be accrued at the policy commencement date subsequent additions will be accrued with each premium paid. Pay for 10years & get life cover for 15years.
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16-Jun-09
09:41
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HSBC intends to raise stake in insurance JV
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01-Jun-09
21:14
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Benefit through bancassurance
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25-May-09
09:49
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Doubling size of distribution network : Canara HSBC Oriental Life Insurance
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27-Apr-09
11:23
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Canara HSBC Oriental Life Insurance Company looking to double the coverage of branches
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29-Jan-09
16:51
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Insurers to inform consumer on bouncing of cheque
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