Canara HSBC Life Insurance

Established in 2008, Canara HSBC Life Insurance Company Limited is a joint venture promoted by Canara Bank (51%) and HSBC Insurance (Asia Pacific) Holdings Limited (26%). Punjab National Bank is also a shareholder of the Company, holding 23% as an investor. One of the major bancassurance-led insurance companies, with its head office at Gurugram, Haryana, and more than 100 branch offices PAN India brings together the trust and market knowledge of public and private banks. For more than 15 years now, the company has been selling life insurance and servicing customers through multi-channels and a well-diversified network of Canara Bank and HSBC, located in tier 1, 2 and 3 cities of the country. The company has a vast portfolio of life insurance solutions and offers various products across individual and group space comprising of online plans, retirement solutions, credit life and employee benefit segments through bank partners, direct field force, digital sales through the company website and other partnerships. With the support of distribution partners, the company has been able to maintain an aggressive growth trajectory since its inception. The company continues to focus on and invest in agile and technologically advanced methods of soliciting business, servicing customers, and marketing products. With an aim to provide simpler insurance and a faster claim process, the Company intends to keep the promises of its customers alive with its “Promises Ka Partner” philosophy.