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Canara HSBC Life Insurance Launches ‘Alpha Wealth’ Plan with Option to Modify Premiums

Published on December 14, 2023
Current Context: Canara HSBC Life Insurance has launched a new plan called ‘Alpha Wealth’. This plan offers comprehensive features to ensure financial security for the insured and their family.
Canara HSBC Life Insurance Launches ‘Alpha Wealth’ Plan with Option to Modify Premiums
  • It encourages long-term savings with loyalty additions and wealth boosters.
  • The ‘Alpha Wealth’ plan is flexible and provides three plan options based on life stages: ‘Alpha Invest Plus,’ ‘Alpha Premium Plus,’ or ‘Alpha Life Plus’.
  • It offers an array of options by investing in a wide variety of funds - debt/equity/liquid available in the market.
  • At maturity, investors are also entitled to a return of 100% of the mortality charges deducted during the policy term.

Question:

Q.1 What is the name of the new plan launched by Canara HSBC Life Insurance?
a. Alpha Invest Plus
b. Alpha Wealth
c. Alpha Premium Plus
d. Alpha Life Plus

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