In a bid to exclusively cater to the Defence, Security & Police personnel, Canara HSBC Oriental Bank of Commerce Life Insurance, has launched a product – “Guaranteed Suraksha Kavach”.
The product will be sold under GARV, the dedicated defence channel of the Company. The well established distribution channel understands the critical needs of defence personnel and helps them in providing an adequate insurance cover which protects them and their families from the unforeseen exigencies of life.
The customised Individual Life insurance plan aims to provide guaranteed benefits to the policyholder for the life term with an advantage of financial aid against the risk of death.
The product offers two simple plan options to choose from depending upon their current requirements –
● Future Suraksha
● Income Suraksha
Commenting on the launch Mr Anuj Mathur, MD & CEO, Canara HSBC OBC Life Insurance, said: – “As a company, we believe it is a great opportunity for us to extend our services to our national heroes through a tailor made insurance plan which is dedicated to fulfill their financial security needs. The unparalleled dedication & high-risk jobs of our national forces requires a special offering which takes care of financial needs throughout their life span. These servicemen have always been in the forefront to protect the nation courageously throughout their service, hence we feel privileged to safeguard them financially in the difficult phases of life. This unique offering through our dedicated defence sales channel – GARV, will ensure them peace of mind with a flexibility to opt for an insurance plan which suits their requirements the best”.