Invest 4G Plan

Canara HSBC Oriental Bank of Commerce Life Insurance Invest 4G

A Unit Linked Individual Life Insurance Savings Plan

You always work hard towards the very best in your life. Never settling for the second best option is your signature. So, for a valued customer like you, financial protection and financial planning for your loved ones has to be the very best. This plan provides life insurance cover to protect your family in case of your unfortunate demise as well as provides you with the greatest value for your hard earned savings. No matter at what life stage you are; a youngster just getting into the habit of savings, a family man planning for creating a secure future for his kids, planning for your own golden years or even for creating a legacy after you and at the same time safeguarding your wealth so that your personal financial goals are met even in case you are not around. We have a solution for you.

Presenting Canara HSBC Oriental Bank of Commerce Life Insurance Invest 4G plan - A Unit Linked Individual Life Insurance Savings Plan which you can customize as per your goals and changing requirements. With an unmatched combination of Portfolio Management Options and flexibilities, this plan gives you complete control over your savings and insurance needs. This product is a non-participating product.

Key Features

1. Financial Protection for your loved ones with life insurance: Three Cover Options to choose from namely 'Life Option', 'Care Option' or 'Century Option' for different life stages

2. Low Charges: Maximize your savings opportunity. Only Fund Management Charges and Risk Charges^ levied on your Policy

3. Return of Mortality Charges (RoMC): Mortality Charges deducted during the Policy Term for Regular and Limited Premium Paying policies will be added to the Fund Value at maturity

4. Premium Funding Benefit: To ensure your targeted savings contributions are made even in your absence

5. Additions in the fund to maximize the benefits:
i. Loyalty Additions from end of 5th Policy Year from the date of commencement and every 5th Policy Year thereafter i.e.

ii. 10th, 15th 20th Policy Year etc. till end of Premium Paying Term.

iii. Wealth Boosters at end of 10th Policy Year from the date of commencement and every 5th Policy Year i.e. 15th, 20th Policy year etc. thereafter till end of Policy Term

6. Systematic Withdrawal Option: To create additional income stream during the Policy Term

7. Milestone Withdrawal Option: For enhanced liquidity at regular milestones

8. Multiple Funds: Option to choose from a bouquet of 8 funds

9. Multiple Portfolio Management Options: Optimize returns from the Policy as per your investment preference

10. Flexible Premium paying options: Flexibility of choosing to pay for entire Policy tenure or for limited years or only once

11. Additionally available through the Online Channel

12. Avail Tax benefits: You may avail tax benefits on premium paid and benefits received as per prevailing tax laws under Income Tax Act, 1961, as amended from time to time

Risk Charges include Mortality Charges & Premium Funding Benefit (PFB) charges. PFB charges are applicable only under Care Option.