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‘Invest 4G’- By Canara HSBC OBC Life Insurance

Published on October 20, 2020
Current Context: Canara HSBC Oriental Bank of Commerce (OBC) Life Insurance Company has launched ‘Invest 4G’.
‘Invest 4G’- By Canara HSBC OBC Life Insurance
  • ‘Invest 4G’ is a unit-linked individual life insurance cum savings plan. 
  • It can be customized as per the customer’s requirements and is suitable for new-age digital buyers. 
  • It provides one and unmatched Portfolio Management Options and is flexible which gives choice to avail for protection, suiting the demand for individual and also provide opportunity to save future goals. 
  • ‘Invest 4G’ comes with 3 options: Life Option, Care Option and Century Option. 
  • Life Option ensures financial security to the family during the customer’s demise. Care Option provides life coverage with premium funding benefits feature. Century option is a full life option available to policyholders upto the 100 years of age. 
  • The ‘Invest 4G’ also adds to one’s savings through loyalty additions, wealth boosters and returns the mortality charges on policy maturity thus by increasing savings. 
  • In this, a single premium payment option is added which includes 10x cover multiple and 1.25x cover multiple. 
  • Static Part: 
    • HQ of Canara HSBC OBC Life Insurance Company: Gurugram, Haryana
    • MD and CEO: Anuj Mathur

Question: 

Q.1 Who among the following launched ‘Invest 4G’, a unit linked individual life insurance saving plan?
a. IFFCO Tokio General Insurance
b. Canara HSBC OBC Life Insurance Company
c. Reliance Nippon Life Insurance
d. TATA AIA Life Insurance
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