Canara HSBC Pension Plans-canara-hsbc-pension-plans

Canara HSBC Life Insurance Company has two variants in the pension plan category which require a detailed discussion as done below. The annuity will be paid either starting from the next year or half-year or quarter or month after paying off the lump sum premium The annuity payouts are guaranteed to be paid till the lifetime of then annuitant No medical tests are required to be undertaken to buy the plan Premiums paid will be tax free under the provisions of Section 80CCC