Current Affairs - Finance - Discussion

Policybazaar is the digital insurance brokerage platform through which Canara HSBC Life Insurance offers its USD-denominated Global Wealth Plan, launched in October 2026. The plan is designed for Non-Resident Indian (NRI) customers and is distributed through GIFT City, India's International Financial Services Centre. It is a unit-linked insurance plan (ULIP) that provides investment opportunities in global equities, debt funds, gold, and silver, with premiums and benefits processed in US dollars. The product offers three variants: Wealth, Wealth Plus, and Wealth Forever. It also features zero allocation and administration charges, along with loyalty additions and maturity boosters, depending on the selected variant.