Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Stock Report

| More

Canara HSBC Life Insurance launches new product - Guaranteed Assured INcome 'GAIN'

Posted On: 2023-10-13 10:34:01 (Time Zone: IST)

Canara HSBC Life Insurance has launched a non-linked and non-participating product Guaranteed Assured INcome (GAIN) - a life insurance cum savings plan designed to provide financial stability and security to the customers with the flexibility to tailor their coverage period basis the financial requirements and aspirations.

Guaranteed Assured INcome is a new age solution that empowers individuals to secure their alternate income or long term savings and achieve their dreams. Insurance plan comes with three flexible income options, allowing customers to select a period that aligns best with their financial goals.

Guaranteed Assured INcome is a guaranteed regular income stream, ensuring policyholders maintain a stable financial condition. Customers opting for GAIN enjoy flexibility of choosing an income period between 5 to 39 years, aligning with different life stages and income requirements. The plan further accommodates to various budgets of the customers with flexible premium payment terms.

The flexible Option offers three distinct plans to meet customer requirements. Short Term and Long Term Income Options provide parallel income and a lump sum at maturity. The Early Income Option offers immediate income with a final benefit equal to 100% of total premiums.

The plan provides life insurance for family's financial stability, an alternate savings source for one's goals, and guarantees a regular income stream with premium return flexibility. GAIN seamlessly combines life insurance and wealth creation, ensuring a family's financial well-being and a secure investment with benefits.

Commenting on the launch of the product, Mr. Akshay Dhand, Appointed Actuary, Canara HSBC Life Insurance says, "Canara HSBC Life Insurance is proud to launch "Guaranteed Assured INcome - GAIN", the name itself affirms that a customer while opting for the policy stands assured of the guaranteed returns basis their purchase and desired requirements. The life insurance plan is thoroughly designed to provide families with unmatched financial stability and security in a longer run. GAIN offers guaranteed regular income stream with the flexibility to get the premiums back at the end of policy term."

Shares of Canara Bank was last trading in BSE at Rs. 369.35 as compared to the previous close of Rs. 369.55. The total number of shares traded during the day was 87465 in over 1373 trades.

The stock hit an intraday high of Rs. 373.85 and intraday low of 368.25. The net turnover during the day was Rs. 32401790.00.

Click here to send ur comments or to

Other Headlines:

MOIL Ltd announces price revision from Dec 1, 2023

Dixon Technologies' subsidiary Padget Electronics inaugurates New Manufacturing Plant in Noida

ITD Cementation India Ltd secures new order worth ~Rs 1,001 Crore

Wardwizard Innovations & Mobility Ltd and Triton EV forge strategic partnership for Electric Vehicle Manufacturing

SPIC shuts down plants for maintenance

YES SECURITIES elevates Mr. Anshul Arzare as MD&CEO and Mr. Amar Ambani as Executive Director

BLS International Opens a New State-of-the-art Visa Application Centre in Delhi

IDFC FIRST Private Banking and Hurun India release India's Top 200 Self-made Entrepreneurs of the Millennia 2023

Cipla partners with TEACH to create career opportunities for hearing-impaired youth

Mehai Technology Ltd wins orders from West Bengal Government

Himadri Speciality Chemical Ltd acquires Himadri Clean Energy Ltd

Kesoram Industries Ltd to demerge cement division into UltraTech Cement Ltd

IIFL Finance Raises JPY 7.5 billion from Mizuho Bank

Wipro Unveils 'Lab of the Future' with AWS to Transform Lab Processes

DAC accorded AONs for procurement of LCH & LCA Mk 1A and for upgradation of Su-30 MKI Aircraft

Beekay Niryat Ltd's associate company to expand capacity of Extra Neutral Alcohol

Cantabil Retail India Ltd opens 6 new showrooms in November 2023

LTIMindtree Partners with Metasphere to Deliver Smart Sewers Solutions

Sonata Software Ltd fixes Dec 12, 2023 as record date for 1:1 bonus issue

Kanoria Energy and Infrastructure Ltd approves investment of Rs. 300 crore

Primo Chemicals Ltd commences commercial production of Caustic Soda Flakes

Max Life's e-commerce channel achieves 55% YoY+ growth in H1 FY24

IndiaMART Wins Prestigious Gold Award from LACP for Second Consecutive Year

Delta Corp Ltd expands into the Real Estate sector

Biocon Biologics Successfully Completes Integration of Viatris' Biosimilar Business in 31 Countries in Europe

Infosys and Shell Collaborate on Immersion Cooling Services to Enable Sustainability-First Data Centers

MRF Ltd enters into captive power purchase agreement with First Energy 5 Pvt Ltd

Nitin Spinners Ltd commences commercial production in Ring Spinning Unit

Datamatics introduces TruCap+ Marketplace, speeding up the time-to-automation for Intelligent Document Processing by up to 70%

Crompton wins the prestigious 23rd Greentech Environment Award 2023 for its environmental commitment

Peninsula Land Limited's strong performance paves way for equity capital raise & joint venture

Tata Coffee Ltd announces capacity expansion in Vietnam

Shriram AMC Allots Equity Shares on Conversion of Securities for Mission1

SJVN Synchronizes Second Unit of Naitwar Mori HEP with National Grid

The Derma Co released its first purpose film on Young Scientists inviting people to join the mission

Uno Minda launches the new range of LED Blinkers in the Indian Aftermarket

Federal Bank announces strategic collaboration with NeML for Enhanced eProcurement and eAuction Integration

BW Confidence Enterprise Pvt Ltd and Ganesh Benzoplast Ltd to develop LPG Onshore Import Terminal at JNPT

Eugia Pharma receives USFDA Approval for Budesonide Inhalation Suspension, 0.5 mg/2 mL Single-Dose Ampule

SHREEJI enhances its presence with opening of new branch in Indore

Tata Tele Business Services Collaborates with Truecaller to offer 'Verified Business Caller ID Solution'

Integra Essentia Ltd receives order worth Rs. 120 million

Genesys International establishes Executive Innovation Board to propel India's First Comprehensive Map Stack

Best Airlines Rep selects 'AirGain to Provide Accurate Pricing Intelligence for Its Partner Airlines'

Confidence Petroleum India Ltd to raise Rs. 250 crores through preferential issue

DreamFolks strengthens its global presence through partnership with Grey Wall - one of Russia's leading lounge operator

Modi Naturals receives an order worth Rs ~230 crores from various OMCs for its ethanol division

Archit Organosys Ltd to form NOVEL AND NANO XTREME SOLUTIONS LLP for new business

PCBL Ltd to form JV with Kinaltek Pty Ltd

BW LPG's Significant Investment in Confidence Petroleum India Limited

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020