Established in 2008, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%), and Punjab National Bank (23%). The company brings together the trust and market knowledge of two big public sector banks in India i.e. Canara Bank and Punjab National Bank combined with the global insurance expertise of HSBC. Canara Bank holds a 51% stake in the joint venture while HSBC Insurance and PNB are 26% and 23% respectively.
The insurer started its operation on June 16, 2008, after receiving regulatory approval from IRDAI. The Company has nearly 60 million customers and a robust network of over 8000+ branches of Canara Bank, HSBC, and Oriental Bank of Commerce across India. The latest Claim Settlement Ratio (CSR) of Canara HSBC Life for FY 2019-20 is 97.1%. (as per Canara HSBC OBC Company)
Canara HSBC OBC Life Insurance iSelect+ Term Plan
Canara HSBC OBC POS- Easy Bima Plan (Offline)
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Canara HSBC OBC Life Smart Immediate Income Plan
Canara HSBC OBC Life Smart Monthly Income Plan
Canara HSBC OBC Life Smart Future Income Plan
Canara HSBC OBC Life Secure Bhavishya Plan
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Canara HSBC OBC Grow Smart Plan
Canara HSBC OBC Dream Smart Plan
Canara HSBC OBC Insure Smart Plan
Canara HSBC OBC Smart Goals Plan
Canara HSBC OBC Smart Lifelong Plan
Canara HSBC OBC Smart Future Plan
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Thursday, May 18, 2017 10:00 AM
Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited announced their financial results for the financial year 2016-17
Tuesday, Feb 28, 2017 10:00 AM
Canara HSBC Oriental Bank of Commerce Life Insurance today expanded its online product suit with the launch of iSelect term plan meant for family protection.
Tuesday, Aug 23, 2016 10:00 AM
Canara HSBC Oriental Bank of Commerce Life Insurance has introduced a new unit-linked insurance product Secure Bhavishya to protect and meet an individual's future financial needs. It will help customers build-up a retirement fund which can be used to provide a steady post retirement income, a company statement said.