Canara HSBC launches SecureInvest with high life cover

Policyholders also benefit from Loyalty Additions starting from year 10.

Canara HSBC Life Insurance has introduced SecureInvest, a non-participating unit-linked savings plan that combines high life cover—up to 100 times the annual premium—with market-linked investment growth.

The plan offers two options: SecureInvest Choice, providing life cover during the policy term and fund value at maturity; and SecureInvest Forever, which extends coverage up to age 85.

Policyholders also benefit from Loyalty Additions starting from year 10 and Maturity Boosters at term-end.

With 12 fund choices, six portfolio strategies, and features like partial withdrawals and fund switching, the plan offers flexibility and potential tax advantages under current laws.