Toll Free: 1800-103-0003 | SMS: 97790-30003

Titanium Plus Plan

In this policy the investment risk in investment portfolio will be borne by the policyholder

Never settling for the second best option is your signature. So, your financial planning has to be the best in class and provide you with the greatest value for your hard earned savings. Hence, we present Canara HSBC Oriental Bank of Commerce Life Insurance Titanium Plus Plan - a savings and protection oriented unit linked insurance plan, designed exclusively for preferred customers like you.

Titanium Plus Plan Product Parameters Product Parameters

Titanium Plus Plan Age Criteria

Age Criteria

  • Entry Age (Life Assured)

    Limited Pay & Regular Pay:


    0 years


    70 years

    Single Pay:


    13 years


    70 years
  • Maturity Age

    Limited Pay & Regular Pay:


    18 years


    80 years

    Single Pay:


    18 years


    75 years
Titanium Plus Plan Term

Policy Term

Limited Pay & Regular Pay:

10 to 30 Years

Single Pay:

5 Years
The policy term will be subject to combination of Premium Payment Term (PPT) and age at entry. For complete details on available policy terms, please refer the product brochure.
Titanium Plus Plan Sum Assured

Sum Assured

Limited Pay & Regular Pay:

For ages 0 to 44 years:
  • Minimum
    Higher of (10 X Annualized Premium^ ) and (0.5 X Policy term X Annualized Premium)
  • Maximum
    As per maximum Sum Assured multiples^^
For ages 45 years and above:
  • Minimum
    Higher of (7 X Annualized Premium) and (0.25 X Policy term X Annualized Premium)
  • Maximum
    As per maximum Sum Assured multiples^^

Single Pay:

For ages 13 to 47 years:
  • Minimum
    1.25 X Single Premium
  • Maximum
    10 X Single Premium
For ages 48 years and above:
  • Minimum
    1.25 X Single Premium
  • Maximum
    1.25 X Single Premium
^ Annualized Premium is the amount of Premium payable in a Policy Year.
^^Maximum Sum Assured multiple depends on age, Premium Payment Term and Policy Term. For example for age 30 maximum multiple is 40, for age 70 maximum multiple is 10, subject to available Premium Payment Term and Policy Term combinations detailed above.
The maximum Sum Assured is subject to underwriting acceptance.
Titanium Plus Plan Premium Payment Details

Premium Payment Details

  • Premium Amount & Premium Payment Modes
      Minimum Maximum
    Annual 2,00,000/- p.a. No
    Monthly* 25,000/- p.m.
    Single 5,00,000/- p.a.
  • Premium Payment Term
    Limited: 5/7/10/15 years
    Regular: Equal to Policy Term
*Please note that it is mandatory to pay first 3 month’s Premium in advance and subsequently through standing instruction.

Our Titanium Plus Plan is a unit linked investment cum protection plan which can be customized as per your goals and changing requirements. This plan provides you unmatched flexibility while letting you have full control over your investment in any market movement.

  • Flexibility of single or limited or regular Premium Payment with safety net of life coverage for chosen policy term.
  • Multiple Portfolio Management Options to enable you optimize returns from the policy
  • Loyalty Additions & Wealth boosters during the Policy Term as additional allocation of units to boost your investments
  • Flexibility of switching and redirection between the fund options to take advantage of market movements or change in risk preference
  • Option for partial withdrawals to help you meet unplanned contingencies or meet changing needs of your family
  • Tax benefits on Premiums paid and benefits received during Policy Term under Section 80C and Section 10(10D), as per the Income Tax Act, 1961, as amended from time to time


Create exclusive funds under Married Women's Property Act (MWPA)

You can combine a very useful feature with our Titanium Plus plan. Through this feature you will be able to create exclusive corpus for the benefit of your loved ones. With the help of MWPA, you can be sure that only your loved ones have access to this corpus and that it is legally protected from creditors and claimants*.

Under Section 6 of the Married Women's Property Act, 1874, a married man can take an insurance policy on his own life, and express it to be for the benefit of his wife or children. When such intent is expressed on the face of the policy, it shall be deemed to be a trust for the benefit of the named beneficiaries and it shall not be subject to the control of the husband; or his creditors; or form part of his estate.

*Unless taken otherwise with the intention to defraud creditors.

Death Benefits

In the unfortunate event of your demise while the Policy is in-force, your family will receive higher of:

  • Sum Assured less applicable partial withdrawals, or
  • Fund Value as on the date of intimation of death claim, or
  • 105% of all Premiums paid up to the date of death.
Maturity Benefits

On maturity, you will receive the Fund Value based on the prevailing NAVs. You also have the option to take Fund Value on maturity in periodic installments as per Settlement Option. (The details on Settlement Option is given below).

Choice of Funds or Portfolio Management Options

You can choose from a range of 7 different Unit Linked Funds with different risk appetites. Alternatively you may select one among following 4 different Portfolio Management Options to manage and build on wealth in an optimal way.

  • Systematic Transfer Option (STO)
  • Return Protector Option (RPO)
  • Auto Funds Rebalancing (AFR)
  • Safety Switch Option (SSO)
Choose Your Funds

This option gives you the flexibility to manage & control the investment in your own way. Here you can choose from a range of 7 Unit Linked Funds to cater to your investment needs. You can choose to allocate your Premiums to any, all or a combination of the Unit Linked Funds as per your risk preference.

  • Emerging Leaders Equity Fund
  • India Multi-Cap Equity Fund
  • Equity II Fund
  • Growth Plus Fund
  • Balanced Plus Fund
  • Debt Fund
  • Liquid Fund
1. Systematic Transfer Option (STO)

If you want to invest in equity oriented fund but worry about market volatility and risk associated with lump sum investment, then you can opt for STO which enables you to enter the equity market in a systematic manner. Through this option, your entire Premium will be first allocated to the Liquid Fund and then systematically transferred on a monthly basis into any one of the Unit Linked Funds - Emerging Leaders Equity Fund or India Multi-Cap Equity Fund or Equity II Fund as chosen by you.

2. Return Protector Option (RPO)

This option enables you to take advantage of the equity market by protecting your gains from the future equity market volatility. Through RPO, starting from the 2nd Policy Year onwards, your gains made from a equity fund basis your chosen 'Target Appreciation' are automatically transferred to a lower risk Debt Fund. This way, your gains are protected from further market volatility.

3. Auto Funds Rebalancing (AFR)

If you wish to maintain allocation of your investments in a specific proportion across different Unit Linked Funds, irrespective of market movements, you can do so through Auto Funds Rebalancing. Once opted, after every 3 months, it automatically rebalances the allocation of your investments in various Unit Linked Funds to the allocation proportions chosen by you.

4. Safety Switch Option (SSO)

As your policy nears maturity, you may want to avoid market movements and safeguard your funds. The Safety Switch Option enables you to move your funds systematically to a relatively low risk Liquid Fund at the beginning of each of the last four Policy Years.

Loyalty Additions

Your plan offers regular loyalty additions in the form of extra allocation of units to your Unit Linked Fund(s), provided that all due Premiums till date have been paid. These regular loyalty additions will be added to the Unit Linked Fund(s) at the end of the each Policy Year, starting from the 6th Policy Year onwards till the end of chosen Policy Term. Each loyalty additions will be 0.5% of the average Fund Values of the last 12 monthly Policy anniversaries.

Wealth Boosters

This plan also offers the additional allocation of units which will be added to the Unit Linked Fund(s) at specific Policy intervals provided all due Premiums till date have been paid. These Wealth Boosters will be a percentage of the average Fund Value of last 60 monthly Policy anniversaries. The percentages of Wealth Boosters are as mentioned below:

At the end of Wealth Booster
10th Policy Year 2.90%
15th Policy Year & thereafter at interval of every 5 Policy Years 1.50%

Other Benefits

Change in Premium Payment Term:You have the flexibility to change your Premium Payment Term anytime after paying first 5 Policy Years Premiums, in order to align it with your changing financial situation. The increase or decrease in Premium Payment Term will be subject to acceptance by the Company as per its Underwriting Policy and terms & conditions of this plan.

Increase or Decrease of Sum Assured:You can choose to alter your Sum Assured based on your protection needs, from the 6th Policy Year subject to underwriting acceptance.

Settlement Option:You can choose to receive your maturity benefit through Settlement Option in installments as per the frequency chosen by you, over a maximum period of 5 years. You may opt for complete withdrawal of Fund Value at any time during this period, and you may opt for complete withdrawal of Fund Value at any time during this period.

Tax Benefits#

You can avail tax benefit on the premium paid subject to current applicable provisions of Section 80 C of income Tax Act, 1961. Please note that tax laws are subject to amendments from time to time.

#Tax benefits under the policy will be as per the prevailing Income Tax laws and are subject to amendments from time to time. For tax related queries, contact your independent tax advisor.

Mr. Nair, aged 40, is planning to invest annually on a regular basis in our Titanium Plus Plan for a period of 10 years with 10 year Premium Payment Term in order to create a corpus. He also wants to protect his family in case of any unfortunate event and he chooses life cover (Sum Assured) of 10 times the annual premium.
The graphs below shows maturity values at the end of 10 years for multiple scenarios assuming annual gross investment return of 4% and 8% with 100% investment in India Multi-Cap Equity Fund.

Scenario 1:

Premium ()
Sum Assured ()
2,00,000 20,00,000

Scenario 2:

Premium ()
Sum Assured ()
5,00,000 50,00,000

Scenario 3:

Premium ()
Sum Assured ()
10,00,000 1,00,00,000

Scenario 4:

Premium ()
Sum Assured ()
25,00,000 2,50,00,000

The assumed rates of return (4% p.a. and 8% p.a.) shown in the above illustrative examples of different scenarios are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your Policy depends on a number of factors including future investment performance. The Fund Values shown in the above illustrative example are after deduction of all charges (including Goods and Services Tax & applicable cess (es)/levy, if any, @18%)).