Canara HSBC Life Insurance Company Limited
CANHLIFE.BO
Bombay Stock Exchange148.70
INR
-5.50
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Canara HSBC Life Insurance Company Limited
CANHLIFE.BO
(Bombay Stock Exchange)
Recent
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148.70
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div
yld
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ROIC.AI
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- Business
- Canara HSBC Life Insurance Company Limited is a life insurance company that offers a range of protection and savings products designed to meet the financial security needs of individuals and families. The company provides term life insurance, savings and investment plans, unit-linked insurance plans (ULIPs), retirement solutions, health and critical illness cover, child education plans, and microinsurance products. It distributes products through multiple channels including agency, bancassurance, and digital platforms, and serves individual customers as well as group and corporate clients. Main products and services: protection and term life policies; savings and investment products including traditional endowment and ULIPs; retirement and pension solutions; health, critical illness, and waiver of premium riders; child education and future planning policies; group life and employee benefits programs; bancassurance and digital distribution of life insurance products; underwriting and risk assessment services; policy administration, claims processing, and customer support. Latest major company changes: in the last 1-2 years the company strengthens bancassurance partnerships and expands digital sales and customer experience initiatives; accelerates product innovation with enhanced rider offerings and new ULIP variants; expands distribution networks and enhances service capabilities in key markets; undergoes organizational alignment to optimize cost efficiency and scale its distribution footprint. Additional context: operates in the life insurance sector with focus on protection, savings, and retirement products; targets individuals, families, and corporate clients; geographic operations primarily in India with specific bancassurance collaborations and regional market initiatives; established in 2001 with headquarters in Mumbai, India; subsidiaries and parent company relationships include Canara Bank and HSBC Insurance Services; engaged in partnerships with banking networks and financial service providers to broaden reach.