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Canara HSBC Life Insurance Launches Promise4Wealth -- A Market‑Linked Savings Plan Integrating Wealth Creation, Investment Flexibility, and Life Cover up to Age 100

Canara HSBC Life Insurance Company Limited ("Canara HSBC Life Insurance"), has announced the launch of Promise4Wealth, a next‑generation Unit Linked Individual Savings Life Insurance Plan (ULIP). Designed for individuals seeking a balanced approach to long‑term wealth creation and financial protection, Promise4Wealth enables participation in market‑linked returns while offering the assurance of life insurance—bringing together investment and protection in a more transparent, value‑driven, and ou

articleCanara Hsbc Life Insurance Company LimitedApril 7, 20263/company/canara-hsbc-life-insurance-company-limited/news/canara-hsbc-life-insurance-launches-promise4wealth-a-marketlinked-savings-plan-integrating-wealth-creation-investment-flexibility-and-life-cover-up-to-age-100
Canara HSBC Life Insurance Launches Promise4Wealth -- A Market‑Linked Savings Plan Integrating Wealth Creation, Investment Flexibility, and Life Cover up to Age 100

About this update from Canara Hsbc Life Insurance Company Limited

[{"type":"text","content":"Features three plan variants—Maximiser, Shield, and LongLife; offers Zero Premium Allocation Charge Offers policyholders access to passive fund linked to the BSE 500 Enhanced Value 50 Index, focused on strong yet undervalued companies","length":234,"tagName":"p","attribs":{}},{"type":"text","content":"NEW DELHI, April 7, 2026 /PRNewswire/ -- Canara HSBC Life Insurance Company Limited ("Canara HSBC Life Insurance"), has announced the launch of Promise4Wealth, a next‑generation Unit Linked Individual Savings Life Insurance Plan (ULIP). Designed for individuals seeking a balanced approach to long‑term wealth creation and financial protection, Promise4Wealth enables participation in market‑linked returns while offering the assurance of life insurance—bringing together investment and protection in a more transparent, value‑driven, and outcome‑focused manner. The product is available through multiple distribution channels including Policybazaar, licensed intermediaries and direct digital platforms channels of the company.","length":753,"tagName":"p"},{"type":"image","alt":"Canara HSBC Life Insurance Logo","displaySize":"","headline":null,"caption":"Canara HSBC Life Insurance Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":158,"url":"https://media.zenfs.com/en/prnewswire.com/894dff183863e3fcfd95d286e9469014"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ajulZLRn58eSjMH0y3A4dQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI3OA--/https://media.zenfs.com/en/prnewswire.com/894dff183863e3fcfd95d286e9469014","width":400,"height":158}}},{"type":"text","content":"As customer preferences evolve, portfolios are increasingly being shaped by solutions that combine growth potential with financial security—whether for wealth accumulation, planning for children's future, or retirement planning. Addressing these expectations, Promise4Wealth comes with a Zero Premium Allocation Charge, ensuring that 100% of the premium is invested in the policyholder's chosen funds from inception. Additionally, Mortality Charges (for select plan options) and Policy Administration Charges are returned to the fund value at maturity, directly enhancing long‑term outcomes.","length":599,"tagName":"p"},{"type":"text","content":"Promise4Wealth offers three distinct plan options:","length":50,"tagName":"p...

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