Current Affairs - Finance - Discussion

Canara HSBC Life Insurance launched the Promise2Secure plan on July 29, 2026, as a non-linked, non-participating individual life insurance product. The plan offers two variants, Life Secure and Life Secure with Return of Premium and provides protection against accidental death, permanent disability, and 40 specified critical illnesses. It also includes features such as Child Care Benefit, Waiver of Premium on terminal illness, premium deferment, instant claim payouts, legacy planning support, teleconsultation services, and a premium lock feature. Established in 2007, Canara HSBC Life is headquartered in Gurugram, Haryana, and primarily operates through the bancassurance model.