Canara HSBC Life Insurance has announced the launch of Promise2Secure, a comprehensive non-linked, non-participating individual pure risk premium life insurance plan designed to help individuals and families safeguard their financial future, according to PRNewswire on July 29.
The plan integrates life cover with protection against accidental death, disability, critical and terminal illnesses, and child future security, plus value-added services including health and wellness benefits and legacy planning support. It is available in two options: Life Secure and Life Secure with Return of Premium.
Key features: premiums locked at inception with an option to increase sum assured by up to 100% within the first five years; coverage for 40 specified critical illnesses; waiver of future premiums on terminal illness diagnosis; flexible death benefit payouts (lump sum, monthly income or a combination); insta payout for eligible death claims; a premium deferment facility for up to 12 months; and an increasing cover option where the sum assured grows 10% annually, up to 100% over ten years.
Source: PRNewswire (July 29, 2026)