Canara HSBC iSelect Smart360: From benefits, to options; all you need to know

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Key Points

Life secure with income: Monthly income is disbursed starting from the plan anniversary corresponding with the policyholder's attainment of 60 years of age..

In the event of the policyholder's death during the plan tenure, the SA on death (depending on the coverage chosen) minus the cumulative monthly income already paid will be disbursed, concluding the plan..

Life secure with ROP (Return of Premium): SA on death is paid if the policyholder passes away during the plan term, after which the plan ceases..

Life secure with return of premium: No maturity benefit is available under this option for the survival of the policyholder until the completion of the policy term..

(a) When the policyholder's attained age reaches 65 years, or . (b) At the completion of the x policy year (where x is the 25th policy year for a policy tenure from 40 to 44 years and the 30th policy year for a plan term greater than 44 years)...

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