Online iSelect Term Insurance from Canara HSBC OBC Life Insurance

Why Buy

  • Long-term Financial Security

    Get life cover up to age 80 with inbuilt covers

  • Spouse Cover

    Option to secure your partner's future

  • Customizable Cover

    Option to increase your cover by 25% every 5 years to fulfil changing needs

  • Family's Monthly Expenditure

    Option to receive death amount as regular monthly income to cover for family's monthly expenses


Find out how much life insurance you need

Tell us your age


Already insured for

  • Lakhs
  • Crores

Your annual income

  • Lakhs
  • Crores


  • Multiple Pay-out Options

    Choose from a range of pay-out options as per your needs

  • Death/ Terminal Illness Cover

    Get protection against unfortunate death of the life insured

  • Accidental Death Cover

    Get respective benefits in case of accidental death of the life insured

  • Accidental Total and Permanent Disability Cover

    Sum assured will be paid in case the life insured suffers from accidental total and permanent disability

  • Tax Benefits

    Avail tax benefit on the premium paid *

How it works

  • 1
    Rahul is a 34-year old professional, who is married and blessed with two children.
  • 2
    He opts for iSelect Term Plan with Sum Assured of Rs.1.5 crore for a term of 26 years & death benefit to be paid out monthly for a period of 10 years to his family.
  • 3
    His premium is Rs.10,818/- per annum or just Rs.974/- per month (excluding GST)*.
  • 4
    In case of Rahul's untimely demise during the term of the policy, his family will receive equal monthly installments of Rs.151,350 for 120 months*