{"uin":"136N098V06","name":"iSelect Guaranteed Future Plus","url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06","insurer":{"slug":"canara-hsbc-life-insurance","name":"Canara HSBC Life Insurance Company Limited","url":"https://indiainsurances.com/insurer/canara-hsbc-life-insurance"},"line":"life","category":"savings-life","category_name":"Endowment and savings plans","irdai_type":null,"kind":"product","status":"active","approved_on":null,"withdrawn_on":null,"summary":"iSelect Guaranteed Future Plus is a non-linked non-participating individual savings life insurance plan with Endowment, Regular Income, Early Income and Long Term Income with Return of Premium options. It provides death cover based on Sum Assured on Death, guaranteed maturity or income benefits by option, and optional Payor Premium Protection Cover or Accidental Death Benefit.","analysis":{"state":"machine","analysed_at":"2026-10-20 03:37:20.343321+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"quote-verified","value":["Endowment Option","Regular Income Option","Long Term Income with Return of Premium Option","Early Income Option"],"display":"Endowment Option; Regular Income Option; Long Term Income with Return of Premium Option; Early Income Option","note":null,"quote":"Plan Option: <Endowment Option / Regular Income Option / Long Term Income with Return of Premium Option / Early Income Option >","sources":[{"clause":"Row 1","heading":"Name of the Insurance Product and Unique Identification Number (UIN)","page":1,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18855#c-row-1"}],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"quote-verified","value":"Policy term varies by plan option. Endowment terms are 10, 12, 14, 15 or 20 years; Regular Income terms are 10, 12, 14, 15, 20, 30 or 40 years; Early Income policy term is consolidation period plus income period; Long Term Income with Return of Premium policy term is consolidation period plus income period.","display":"Endowment: 10, 12, 14, 15 or 20 years; Regular Income: 10, 12, 14, 15, 20, 30 or 40 years; Early Income and Long Term Income with ROP: Consolidation Period + Income Period","note":"From the sales brochure.","quote":"Premium Payment Term/ Policy Term(in years) | Endowment Option Premium Payment Term Policy Term 5 10, 15 7 12, 14 10 15, 20 12 20 Regular Income Option Premium Payment Term Income Period Policy Term 5 10, 15 Policy Term minus 7 12, 14 Premium Payment Term 10 15, 20, 30, 40 12 20 Early Income Option Premium Consolidation Income Period Policy Term Payment Term Period Consolidation 7, 10 1 19/ 29/ 39 Period + Income Period Long Term Income with ROP Option Premium Consolidation Income Period Policy Term Payment Term Period Premium Payment Term + 1, Consolidation Premium Payment Period 5, 7, 10 15, 20, 30, 40 Term + 2, + Income Premium Payment Period Term + 5","sources":[{"clause":null,"heading":"In case of death during 4th","page":10,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18857#c-in-case-of-death-during-4th"}],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"For a death claim, the Beneficiary or Claimant should inform the insurer in writing immediately within 90 days of death through the Claim Form. For an Accidental Death Benefit claim, the Claimant should also inform in writing immediately within 90 days of such death.","display":"Immediately within 90 days of death, in writing through the Claim Form","note":"The insurer may condone delay if satisfied that the delay was for reasons beyond the Claimant’s control.","quote":"In the event of the death of the Life Assured, to register the claim under the Policy, the Beneficiary /Claimant will endeavor to inform Us in writing immediately within a period of 90 days of such death through the Claim Form along with the following documents: ... In the event of death of the Life Assured due to Accident, to register the claim, the Claimant shall endeavor to inform in writing immediately within a period of 90 days of such death through the Claim Form","sources":[{"clause":"18","heading":"Claim Procedures","page":29,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-18"},{"clause":"18(c)(i)","heading":null,"page":29,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-18-c-i"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["Bank Account details for money transfer","documentation on FEMA compliance or such applicable law","Any other documents including KYC","Policy Document","Death certificate issued by the appropriate government authority","Attested copy of photo identity and address proof of the Beneficiary /Claimant and Life Assured","Company Specific Claim formats duly completed and signed – Claim Form, Physician's Statement, Treating Hospital Certificate, Employer Certificate","All Hospital records/ other medical records","Post-mortem/ chemical viscera report, wherever conducted","Police records including First information report, panchnama, police investigation report and final police report only in case of unnatural or death due to Accident"],"display":"Bank details/FEMA/KYC for maturity claims; for death claims: policy document, death certificate, identity/address proof, claim formats, hospital/medical records, post-mortem or viscera report where conducted, and police records for unnatural or accidental death","note":null,"quote":"In case of Maturity Benefit payout, following documents are required by us to process the claim:\na) Bank Account details for money transfer (in case the same are not updated),\nb) With respect to NRI/NR customers, documentation on FEMA compliance or such applicable law,\nc) Any other documents including KYC may be required. ... i) Policy Document. ii. Death certificate issued by the appropriate government authority. iii. Attested copy of photo identity and address proof of the Beneficiary /Claimant and Life Assured. iv. Company Specific Claim formats duly completed and signed – Claim Form, Physician's Statement, Treating Hospital Certificate, Employer Certificate. v. All Hospital records/ other medical records. vi. Post-mortem/ chemical viscera report, wherever conducted. vii. Police records including First information report, panchnama, police investigation report and final police report only in case of unnatural or death due to Accident.","sources":[{"clause":"18","heading":"Claim Procedures","page":29,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-18"},{"clause":"18(c)(i)","heading":null,"page":29,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-18-c-i"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"quote-verified","value":"Death claims except cases warranting investigation are settled within 15 days from the date of intimation of claim. Death claims warranting investigation are settled within 45 days from the date of intimation of claim.","display":"Death claim: 15 days from intimation; investigation cases: 45 days from intimation","note":null,"quote":"Turn Around Time (TAT) for death claims settlement:\nDeath claim, except in cases warranting investigation | Within 15 days from the date of intimation of claim\nDeath claim warranting investigation | Within 45 days from the date of intimation of claim","sources":[{"clause":"18(c)(i)","heading":null,"page":29,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-18-c-i"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["Suicide Exclusion","The Life Assured taking part in any hazardous sport or pastimes","The Life Assured flying in any kind of aircraft, other than as a bonafide passenger","Self-inflicted injury, suicide or attempted suicide","Under the influence or abuse of drugs, alcohol, narcotics or psychotropic substance not prescribed by a registered Medical Practitioner","Service in any military, air force, naval or paramilitary organization","War, civil commotion, invasion, terrorism, hostilities","The Life Assured taking part in any strike, industrial dispute and riot","The Life Assured taking part in any criminal or illegal activity with criminal intent","Exposure to Nuclear reaction, Biological, radiation or nuclear or chemical contamination","If the Life Assured has disclosed at the proposal stage that he/she is physically handicapped or suffering from mental infirmity, then Accidental Death benefit will not be offered"],"display":"Suicide exclusion; Accidental Death Benefit exclusions include hazardous sports, non-passenger flying, self-inflicted injury, drugs/alcohol, military service, war/terrorism, strikes/riots, criminal activity, nuclear/biological/radiation/chemical contamination, and disclosed physical handicap or mental infirmity","note":"The listed Accidental Death Benefit exclusions apply to the optional Accidental Death Benefit.","quote":"a) Suicide Exclusion: If the Life Assured commits suicide within twelve (12) months from the Risk Commencement Date under the Policy (provided the Policy is in force) or date of Revival of the Policy ... Accidental Death Benefit (ADB) Exclusions: Accidental Death arising directly or indirectly from any of the following are specifically excluded:\n• The Life Assured taking part in any hazardous sport or pastimes ... • The Life Assured flying in any kind of aircraft, other than as a bonafide passenger ... • Self-inflicted injury, suicide or attempted suicide-\n• Under the influence or abuse of drugs, alcohol, narcotics or psychotropic substance not prescribed by a registered Medical Practitioner.\n• Service in any military, air force, naval or paramilitary organization.\n• War, civil commotion, invasion, terrorism, hostilities (whether war be declared or not).\n• The Life Assured taking part in any strike, industrial dispute and riot.\n• The Life Assured taking part in any criminal or illegal activity with criminal intent or committing any breach of law including involvement in any fight or affray.\n• Exposure to Nuclear reaction, Biological, radiation or nuclear or chemical contamination.\n• If the Life Assured has disclosed at the proposal stage that he/she is physically handicapped or suffering from mental infirmity, then Accidental Death benefit will not be offered.","sources":[{"clause":"17(a)","heading":"Suicide Exclusion","page":28,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-17-a"},{"clause":"17(b)","heading":"Accidental Death Benefit (ADB) Exclusions","page":29,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-17-b"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"First register a complaint with the insurer through its website, resolution centre, Grievance Officers at Hub locations, or the Complaint Redressal Unit at Gurugram by phone or email. If not satisfied or no response is received, write to the Grievance Redressal Officer before approaching IRDAI or the Insurance Ombudsman.","display":"Complaint Redressal Unit first; then Grievance Redressal Officer","note":null,"quote":"In case You wish to register a complaint with Us, You may visit Our website, approach Our resolution centre, Grievance Officers at Hub locations, or may write to Us at: Complaint Redressal Unit: Canara HSBC Life Insurance Company Limited; 139 P, Sector-44, Gurugram 122003, Haryana, India. Toll Free: 1800-103-0003 / 1800-891-0003, Email: cru@canarahsbclife.in. ... In case you are not satisfied with Our response, or have not received any response, You may write to our Grievance Redressal Officer at: Grievance Redressal Officer: Canara HSBC Life Insurance Company Limited; 139 P, Sector-44, Gurugram 122003, Haryana, India Toll Free: 1800-103-0003 / 1800-891-0003 or Email: gro@canarahsbclife.in.","sources":[{"clause":null,"heading":"26. Grievance Redressal Procedure","page":31,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-26-grievance-redressal-procedure"},{"clause":"2","heading":null,"page":31,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-2-5"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"sum_assured","label":"Sum assured","section":"Cover","meaning":"The minimum and maximum life cover, or the rule that sets it (for example 10 times the annual premium).","status":"quote-verified","value":"Sum Assured is 11 times the Annualized Premium. Sum Assured on Death is the higher of Sum Assured or 105% of Total Premiums Paid as on date of death.","display":"Sum Assured = 11 times Annualized Premium; Sum Assured on Death = higher of Sum Assured or 105% of Total Premiums Paid","note":null,"quote":"Sum Assured is defined as 11 times of the Annualized Premium Sum Assured on Death means absolute amount of benefit which is guaranteed to become payable on the death of the Life Assured, in accordance with the terms and conditions of the Policy. Sum Assured on Death is calculated as higher of i. Sum Assured; or ii 105% of Total Premiums Paid as on date of death.","sources":[{"clause":"Part B(c)","heading":null,"page":17,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-part-b-c"}],"law":[]},{"key":"death_benefit","label":"Death benefit","section":"Cover","meaning":"What your family gets if you die during the term, and how it is calculated.","status":"quote-verified","value":"For Endowment and Regular Income options without optional benefits, death benefit is Sum Assured on Death plus accrued Guaranteed Additions, subject to the minimum of Surrender Value. For Early Income and Long Term Income with Return of Premium options, death benefit is Sum Assured on Death, subject to the minimum of Surrender Value; Accidental Death Benefit, if chosen, pays an additional ADB Sum Assured for accidental death.","display":"Endowment/Regular Income: Sum Assured on Death plus accrued Guaranteed Additions, minimum Surrender Value; Early Income/Long Term Income with ROP: Sum Assured on Death, minimum Surrender Value","note":"Payor Premium Protection Cover can waive future premiums and continue the policy in specified cases under Endowment and Regular Income options.","quote":"Where Payor PPC or Accidental Death Benefit is not chosen: We shall pay the Sum Assured on Death plus accrued Guaranteed Additions, subject to the minimum of Surrender Value. ... Where Accidental Death Benefit is not chosen: We shall pay Sum Assured on Death, subject to the minimum of Surrender Value. ... Where Accidental Death Benefit is chosen: We shall pay the Sum Assured on Death, subject to the minimum of Surrender Value. Further, an additional amount equal to ADB Sum Assured is also payable on death if the death is due to an Accident.","sources":[{"clause":"1","heading":"Benefits","page":20,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-1-2"}],"law":[]},{"key":"maturity_benefit","label":"Maturity benefit","section":"Cover","meaning":"What you get if you survive to the end of the term.","status":"quote-verified","value":"On survival to the end of the policy term while in force, Endowment pays Guaranteed Sum Assured on Maturity plus accrued Guaranteed Additions; Regular Income pays accrued Guaranteed Additions; Long Term Income with Return of Premium pays Guaranteed Sum Assured on Maturity. Maturity benefit under Early Income Option is not applicable.","display":"Endowment: GSAM plus accrued Guaranteed Additions; Regular Income: accrued Guaranteed Additions; Early Income: not applicable; Long Term Income with ROP: Guaranteed Sum Assured on Maturity","note":"CIS states for Early Income Option: “Not applicable”.","quote":"Upon survival of the Life Assured till the end of the Policy Term, provided that the Policy is in-force. | We shall pay the Guaranteed Sum Assured on Maturity plus accrued Guaranteed Additions. ... Upon survival of Life Assured till the end of the Policy Term, where the Policy is in-force. | We shall pay accrued Guaranteed Additions. ... Maturity (applicable only under Long Term Income with Return of Premium Option) | Upon survival of the Life Assured till the end of the Policy Term, provided that the Policy is in-force. | We shall pay Maturity Benefit equal to Guaranteed Sum Assured on Maturity.","sources":[{"clause":"1","heading":"Benefits","page":20,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-1-2"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"quote-verified","value":"Premium paying terms are plan-specific. Endowment offers 5, 7, 10 and 12 years; Regular Income offers 5, 7, 10 and 12 years; Early Income offers 7 or 10 years; Long Term Income with Return of Premium offers 5, 7 or 10 years.","display":"Endowment/Regular Income: 5, 7, 10 or 12 years; Early Income: 7 or 10 years; Long Term Income with ROP: 5, 7 or 10 years","note":"From the sales brochure.","quote":"Premium Payment Term | Policy Term\n5 | 10, 15\n7 | 12, 14\n10 | 15, 20\n12 | 20\nPremium Payment Term | Income Period | Policy Term\n5 | Policy Term minus Premium Payment Term | 10, 15\n7 | 12, 14\n10 | 15, 20, 30, 40\n12 | 20\nPremium Payment Term | Consolidation Period | Income Period | Policy Term\n7, 10 | 1 | 19/ 29/ 39 | Consolidation Period + Income Period\nPremium Payment Term | Consolidation Period | Income Period | Policy Term\n5, 7, 10 | Premium Payment Term + 1, Premium Payment Term + 2, Premium Payment Term + 5 | 15, 20, 30, 40 | Consolidation Period + Income Period","sources":[{"clause":null,"heading":"In case of death during 4th","page":10,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18857#c-in-case-of-death-during-4th"}],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"quote-verified","value":"Maximum maturity age is 99 years as on last birthday. It is 75 years if Accidental Death Benefit or Payor Premium Protection Cover is chosen.","display":"99 years; 75 years if Accidental Death Benefit or Payor PPC is chosen","note":"From the sales brochure.","quote":"Maturity Age as on Last Birthday^ | 18 years | 99 years# ... #Maximum Maturity Age is 75 years if Accidental Death Benefit or Payor PPC is chosen","sources":[{"clause":null,"heading":"In case of death during 4th","page":10,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18857#c-in-case-of-death-during-4th"},{"clause":null,"heading":"Monthly, Annual","page":12,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18857#c-monthly-annual"}],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"quote-verified","value":"If the Life Assured commits suicide within 12 months from the Risk Commencement Date while the policy is in force or from the date of revival, the beneficiary gets the higher of 80% of Total Premiums Paid till death or the Surrender Value available on the date of death, and the policy terminates.","display":"Within 12 months: higher of 80% of Total Premiums Paid or Surrender Value; policy terminates","note":null,"quote":"If the Life Assured commits suicide within twelve (12) months from the Risk Commencement Date under the Policy (provided the Policy is in force) or date of Revival of the Policy, the Beneficiary shall be entitled to an amount which is higher of 80% of the Total Premiums Paid till the date of death or the Surrender Value available as on the date of death. Upon such payments, the Policy will immediately and automatically terminate, and no further benefit will be payable under the Policy.","sources":[{"clause":"17(a)","heading":"Suicide Exclusion","page":28,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-17-a"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 21","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 35","url":"https://indiainsurances.com/law/irdai-life-products-2024"}]},{"key":"surrender","label":"Surrender value","section":"Renewal and rights","meaning":"What you get if you stop the policy early, and from when.","status":"quote-verified","value":"The policy may be surrendered anytime. Guaranteed Surrender Value is acquired after receipt of at least the first 2 consecutive policy years’ premiums in full; Special Surrender Value is acquired after completion of the first policy year if one full policy year’s premium has been received; the amount payable is the higher of GSV and SSV, subject to a minimum of zero.","display":"Higher of GSV or SSV, minimum zero; GSV after first 2 consecutive policy years’ premiums; SSV after first policy year with one full year’s premium","note":"Plan-wise GSV formulas differ for Endowment, Regular Income, and Early Income/Long Term with Return of Premium options.","quote":"You may surrender the Policy anytime and the Policy acquires Guaranteed Surrender Value (as defined below) after receipt of at least first 2 consecutive Policy Years' Premiums in full. The Policy acquires a Special Surrender Value (SSV) after completion of first Policy Year provided one full Policy Year’s Premium has been received by Us. The Surrender Value payable shall be higher of Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV) subject to a minimum of zero.","sources":[{"clause":"3.1","heading":null,"page":26,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-3-1"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.1 to 26.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.4 and 26.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 27","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.16 and 1.17","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(1) to (3)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(4) and (5)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(6) to (9)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)(c)(V)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"paid_up","label":"Paid-up value","section":"Renewal and rights","meaning":"What cover continues if you stop paying premiums after a few years.","status":"quote-verified","value":"If premiums are not paid within the grace period after payment of premiums for at least the first policy year, the policy is in Paid-up State and benefits are reduced. Paid-up death, maturity, income and ADB amounts are generally calculated by multiplying the original benefit by the ratio of number of premiums paid to total number of premiums payable.","display":"Paid-up after at least first policy year’s premium; benefits reduced by premiums-paid ratio","note":"Paid-up Guaranteed Additions for Endowment and Regular Income are defined separately as 50% of the Guaranteed Addition percentage applicable to an in-force policy multiplied by cumulative Annualized Premium paid till date.","quote":"Paid-up State/ Paid-up Status means the state of the Policy where You fail to pay due Premiums within the Grace Period after payment of Premiums for at least first Policy Year and benefits are reduced as per the terms and conditions s set out here. ... Paid-up Guaranteed Income is defined as the ratio of (“Number of Premiums paid” to “Total number of Premiums payable during the Policy Term”) multiplied by the Guaranteed Income. Paid-up ADB Sum Assured means the ratio of (“Number of Premiums paid” to “Total number of Premiums payable during the Policy Term”) multiplied by the ADB Sum Assured. Paid-up Sum Assured on Death means the ratio of (“Number of Premiums paid” to “Total number of Premiums payable during the Policy Term”) multiplied by the Sum Assured on Death. Paid-up Guaranteed Sum Assured on Maturity is defined as the ratio of (“Number of Premiums paid” to “Total number of Premiums payable during the Policy Term”) multiplied by the Guaranteed Sum Assured on Maturity.","sources":[{"clause":"Part B(c)","heading":null,"page":17,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-part-b-c"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"quote-verified","value":"A lapsed or paid-up policy can be revived within 5 consecutive complete years from the date of first unpaid premium and during the policy term, by request, paying all due unpaid premium instalments with simple interest, and satisfying insurability and other requirements.","display":"Within 5 years from the first unpaid premium, with due premiums and interest","note":"Revival is subject to policy term, no covered death claim having arisen, and evidence of insurability and health to the insurer’s satisfaction.","quote":"Revival Period means a period of 5 consecutive complete years from the date of first unpaid Premium. ... You may revive the Policy in Lapsed State or Paid-up State by giving Us a request and paying all due unpaid installments of Premium with interest, calculated on simple interest basis, at the rate specified by Us subject to completing other requirements as may be stipulated by Us, within the Revival Period","sources":[{"clause":"Part B(c)","heading":null,"page":17,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-part-b-c"},{"clause":"4","heading":"Revival","page":26,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-4"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.7","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.10","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.28","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.39","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"policy_loan","label":"Policy loan","section":"Renewal and rights","meaning":"Whether you can borrow against the policy.","status":"quote-verified","value":"Policy loan is available if the policy is in-force, has acquired surrender value, is not in Paid-up State, and Payor PPC benefit has not already been affected. Minimum loan is ₹20,000 and maximum loan is 80% of the surrender value; the applicable interest rate for FY 2026-27 is 7.80% per annum.","display":"Yes, after surrender value; minimum ₹20,000 and maximum 80% of Surrender Value; FY 2026-27 interest 7.80% p.a.","note":null,"quote":"You may apply for a loan as per the loan application terms and conditions, subject to the following conditions: a) the Policy should have been in-force while applying for a loan. b) the Policy should have acquired Surrender Value as per Clause 3 of Part D. c) the Policy should not have been in Paid-up State. d) the benefit under Payor PPC Benefit should not have been already affected under the Policy. ... a) The minimum loan amount disbursed shall be ₹20,000. b) The maximum loan amount will not exceed 80% of the Surrender Value as applicable on the date of disbursement of the loan. ... The applicable interest rate for the Financial Year 2026-27 is 7.80% per annum.","sources":[{"clause":"5","heading":"Policy Loan","page":27,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-5"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"quote-verified","value":["Payor Premium Protection Cover (Payor PPC)","Accidental Death Benefit"],"display":"Payor Premium Protection Cover and Accidental Death Benefit","note":"These are optional/additional benefits under the base product; only one can be chosen at policy inception.","quote":"The following Optional / additional benefits are available under the Plan Options and only one of them can be chosen by You at Policy inception:\n• Payor Premium Protection Cover (Payor PPC): ... Payor PPC is available only under Endowment and Regular Income Option.\n• Accidental Death Benefit: ... This benefit is available under all Plan Options","sources":[{"clause":"1","heading":"Benefits","page":20,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-1-2"}],"law":[]},{"key":"section45","label":"Claims after 3 years (Section 45)","section":"Claims","meaning":"After 3 years a life policy cannot be questioned on any ground, and only for fraud with proof before that.","status":"quote-verified","value":"No life insurance policy can be called in question on any ground after three years from the later of policy issuance, risk commencement, revival, or rider date. Within three years, it may be questioned on fraud or material misstatement/suppression grounds, with written communication of grounds and materials.","display":"After 3 years, no questioning on any ground; within 3 years, fraud or material misstatement rules apply","note":null,"quote":"No Policy of life insurance shall be called in question on any ground whatsoever after the expiry of three years from the date of the Policy, i.e., from the date of issuance of the Policy or the date of commencement of risk or the date of Revival of the Policy or the date of the rider to the Policy, whichever is later. 2. A Policy of life insurance may be called in question at any time within three years from the date of issuance of the Policy or the date of commencement of risk or the date of Revival of the Policy or the date of the rider to the Policy, whichever is later, on the ground of fraud","sources":[{"clause":"1","heading":null,"page":35,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-1-5"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 45","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.6","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"tax_note","label":"Tax note in the document","section":"Premium","meaning":"What the document says about tax benefits. Not stated when it only says taxes are charged on the premium. Tax law changes; confirm separately.","status":"quote-verified","value":"Tax benefits under the policy will be as per prevailing Income Tax laws and are subject to amendments from time to time. The document advises contacting an independent tax advisor for tax-related queries.","display":"Tax benefits as per prevailing Income Tax laws; consult an independent tax advisor","note":null,"quote":"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, please contact an independent tax advisor.","sources":[{"clause":null,"heading":"Base Premium Payable (₹)","page":15,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-base-premium-payable"}],"law":[]},{"key":"free_look","label":"Free-look period","section":"Renewal and rights","meaning":"Days after you receive the policy in which you can return it for a refund if you do not agree with its terms.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days","note":"Refund is subject only to deduction of proportionate risk premium for the period of life cover, stamp duty and medical expenses, if any.","quote":"within the Free-Look period of 30 days from the date of receipt of the Policy Document, whether received electronically or otherwise (whichever is earlier).","sources":[{"clause":"8","heading":"Free-look period","page":28,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-8"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 5","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(1), 20(2)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, II.8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grace_period","label":"Grace period","section":"Renewal and rights","meaning":"Days you get after the due date to pay without losing cover or continuity.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days for annual, half yearly and quarterly modes; 15 days for monthly mode","note":"Monthly mode has a 15-day grace period.","quote":"You are provided with a Grace Period of 15 days for monthly mode and 30 days for all other modes, i.e. annual, half yearly and quarterly modes from Premium due date to pay due Premium.","sources":[{"clause":"2.3","heading":"Grace Period","page":25,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-2-3"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 8","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 9","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 8","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.2","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 1.3","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"eligibility_entry_age","label":"Entry age","section":"Eligibility","meaning":"The youngest and oldest age at which you can buy this policy.","status":"quote-verified","value":"Entry age for the Life Assured is minimum 0 years and maximum 65 years as on last birthday. If Accidental Death Benefit is chosen, the minimum entry age is 18 years; minimum entry age for a Policyholder is 18 years.","display":"Life Assured: 0 to 65 years; ADB minimum 18 years; Policyholder minimum 18 years","note":"From the sales brochure. Where Payor PPC is chosen, the maximum entry age criterion applies to both Life Assured and Policyholder.","quote":"Entry Age as on Last Birthday | 0 years* | 65 years^ ... *Where Accidental Death Benefit has been chosen the minimum entry age is 18 years. *The minimum entry age for a Policyholder is 18 years (age last birthday) irrespective he opts for Payor PPC or not.","sources":[{"clause":null,"heading":"In case of death during 4th","page":10,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18857#c-in-case-of-death-during-4th"},{"clause":null,"heading":"Monthly, Annual","page":12,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18857#c-monthly-annual"}],"law":[]},{"key":"premium_modes","label":"Premium payment options","section":"Premium","meaning":"How often you can pay: yearly, half-yearly, quarterly, monthly.","status":"quote-verified","value":["annual","half-yearly","quarterly","monthly"],"display":"annual, half-yearly, quarterly or monthly","note":"Premium Payment Mode cannot be changed during the policy term.","quote":"Premium Payment Modes available under the Policy are annual, half-yearly, quarterly or monthly and the same can only be opted at the Policy inception which will remain constant throughout the Policy Term.","sources":[{"clause":"2.4","heading":"Change in Premium Payment Mode","page":25,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-2-4"}],"law":[]},{"key":"premium_type","label":"Premium payment type","section":"Premium","meaning":"Single premium, regular premium (every year of the term) or limited premium (fewer years than the term).","status":"quote-verified","value":["limited premium"],"display":"Limited premium, with Premium Payment Term shorter than Policy Term","note":"From the sales brochure; the policy schedule also specifies a separate Premium Payment Term and Policy Term.","quote":"Premium Payment Term | Policy Term\n5 | 10, 15\n7 | 12, 14\n10 | 15, 20\n12 | 20 ... Premium Payment Term | Consolidation Period | Income Period | Policy Term\n5, 7, 10 | Premium Payment Term + 1, Premium Payment Term + 2, Premium Payment Term + 5 | 15, 20, 30, 40 | Consolidation Period + Income Period","sources":[{"clause":null,"heading":"In case of death during 4th","page":10,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18857#c-in-case-of-death-during-4th"}],"law":[]},{"key":"guaranteed_benefits","label":"Guaranteed benefits","section":"Cover","meaning":"What is guaranteed, in rupees or as a formula, regardless of the insurer's performance.","status":"quote-verified","value":"Guaranteed benefits include Sum Assured on Death, Guaranteed Sum Assured on Maturity equal to 100% of total premiums payable excluding rider premiums, underwriting extra premiums and taxes, Guaranteed Additions for Endowment and Regular Income options, and Guaranteed Income for Regular Income, Early Income and Long Term Income with Return of Premium options.","display":"Guaranteed Sum Assured on Maturity = 100% of total premiums payable; Guaranteed Additions and Guaranteed Income as applicable by option","note":null,"quote":"Guaranteed Income (in case of Regular Income, Early Income & Long Term Income with Return of Premium Option/s) means the amount mentioned in the Policy Schedule and payable as detailed under Part C. ... Guaranteed Sum Assured on Maturity means the absolute amount of benefit which is guaranteed to become payable at the Maturity Date in accordance with the terms and conditions of the Policy and is defined as the 100% of Total Premiums payable under the Policy (excluding rider premiums, underwriting extra premiums and taxes, if applicable). ... Sum Assured on Death means absolute amount of benefit which is guaranteed to become payable on the death of the Life Assured","sources":[{"clause":"Part B(c)","heading":null,"page":17,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-part-b-c"}],"law":[]},{"key":"bonus","label":"Bonus type","section":"Cover","meaning":"Participating plans share profits as bonuses; these are NOT guaranteed.","status":"quote-verified","value":"The policy is Non-Participating.","display":"Non-Participating","note":"The documents do not state a participating bonus type.","quote":"This is a Non-Linked Non- Participating Individual Savings Life Insurance Plan which provides benefits as per the terms and conditions of the Policy.","sources":[{"clause":null,"heading":"POLICY PREAMBLE","page":4,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852#c-policy-preamble"}],"law":[]},{"key":"illustration_returns","label":"Illustrated returns","section":"Cover","meaning":"The benefit illustration at the IRDAI rates (4% and 8%); not a promise.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"money_back","label":"Survival or money-back payouts","section":"Cover","meaning":"Instalments paid during the term.","status":"quote-verified","value":"There is no survival benefit under the Endowment Option. Regular Income pays Guaranteed Income after completion of the Premium Payment Term till the end of the Policy Term; Early Income and Long Term Income with Return of Premium pay Guaranteed Income after commencement of the Income Period till the end of the Policy Term, in arrears as per the chosen Income Frequency.","display":"Regular Income, Early Income and Long Term Income with ROP pay Guaranteed Income during the income period; Endowment has no survival benefit","note":null,"quote":"Survival Benefits excluding that payable on maturity: <Endowment Option> Not applicable <Regular Income Option> Guaranteed Income payable post completion of Premium Payment Term till the end of the Policy Term, in arrears as per the Income Frequency chosen <Early Income Option/ Long Term Income with Return of Premium Option> Guaranteed Income payable post commencement of the income period till end of the Policy Term, in arrears as per the Income Frequency chosen","sources":[{"clause":null,"heading":null,"page":1,"url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18855#c-s6"}],"law":[]}],"documents":[{"kind":"wording","label":"iSelect Guaranteed Future Plus Policy Document","pages":39,"fetched_at":"2026-10-20 00:32:58+00","source_url":"https://www.canarahsbclife.com/content/dam/chli/pdf/iselect-guaranteed-future-plus/endowment-option/policy-document.pdf","url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18852"},{"kind":"cis","label":"iSelect Guaranteed Future Plus Customer Information Sheet","pages":6,"fetched_at":"2026-10-20 00:33:02+00","source_url":"https://www.canarahsbclife.com/content/dam/chli/pdf/iselect-guaranteed-future-plus/endowment-option/customer-information-sheet.pdf","url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18855"},{"kind":"brochure","label":"iSelect Guaranteed Future Plus Product Brochure","pages":18,"fetched_at":"2026-10-20 00:33:22+00","source_url":"https://www.canarahsbclife.com/content/dam/chli/pdf/iselect-guaranteed-future-plus/endowment-option/product-brochure.pdf","url":"https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06/document/18857"}],"versions":[],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"Canara HSBC Life Insurance official website","url":"https://www.canarahsbclife.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claims","url":"https://www.canarahsbclife.com/customer-service/claims","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal","url":"https://www.canarahsbclife.com/customer-service/grievance-redressal","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"iSelect Guaranteed Future Plus (UIN 136N098V06), IndiaInsurances, https://indiainsurances.com/policy/canara-hsbc-life-insurance/iselect-guaranteed-future-plus-136n098v06"}