Canara HSBC OBC Child Plans offer a perfect blend of savings and life cover to secure your child’s future education and milestones. With flexible payout options, premium waivers, and long-term growth, these plans ensure your child’s dreams are always protected.
Canara HSBC OBC Child Plans Canara HSBC (Hongkong Shanghai Banking Corporation) Oriental Bank of Commerce (OBC) Child insurance plans offer long-term investment opportunities for building the future of your child along with an insurance cover that acts as a protection in case of an eventuality. Once the policy gets matured, you will get a lump-sum amount that you may use to pay for your child's higher education, or marriage expenditures.
While they are developing the corpus to achieve these goals for their child, the insurance plan protects the corpus in case of their unexpected death. In case of your sudden demise, the plan will invest the total sum on your behalf and pay the complete maturity amount to your child.
Canara HSBC OBC Life Insurance also has periodic payment modes that act as important milestones to crucial life events for your kid, such as education, marriage, and so on.
The following are different types of child insurance plans of Canara HSBC OBC:
The following are the features of Canara HSBC OBC Child Insurance Plans:
The following are the documents needed to purchase a child insurance plan:
There are certain things that are not included in the Canara HSBC OBC Child insurance plan namely: suicide, death due to war, hazardous activities, or drug overdose, and involvement in criminal activities.
The entry age limit to buy a child insurance plan ranges between 18 years and 65 years, whereas the maturity age ranges between 18 years and 80 years.
Canara HSBC OBC Child Insurance Plan offers three rider benefits such as critical illness cover, accidental disability and death cover, and premium waiver benefit.
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