Introducing 'Promise4Future': A New Era of Life Protection and Savings

Canara HSBC Life Insurance launches 'Promise4Future,' a non-linked plan offering life protection and savings. Designed to prioritize financial security, it provides dual benefits of life-stage protection and savings growth. With two variants, policyholders can choose between savings growth or regular income, with flexible premium options.

Canara HSBC Life Insurance has unveiled 'Promise4Future,' a novel life insurance product offering a blend of protection and savings tailored to modern-day demands. This non-linked, participating plan is aimed at allowing policyholders to secure their families' future while establishing a significant savings nest.

More than 50% of Indian consumers prioritize financial security, according to a recent survey by the company. In response, 'Promise4Future' offers two variants: Savings4Future, ensuring growth in savings, and Income4Future, providing a consistent income stream and meeting interim financial demands. Additional features like flexible premium payments and bonuses enhance the policy's appeal.

Mr. Rishi Mathur, Chief Distribution Officer and CMO at Canara HSBC, emphasizes the company's commitment to leveraging customer insights in designing products that cater to protection and wealth generation. By making the product accessible through multiple channels, the company reaffirms its dedication to dependable financial solutions.

(With inputs from agencies.)