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Canara HSBC Oriental Bank of Commerce Life Insurance today announced the launch of Point of Sale (POS) product ‘POS — Easy Bima Plan’, which offers life cover and also returns all premiums paid during the payment term on survival till maturity.
The newly-launched product offers ease of buying and accessibility, trouble-free payment options and hassle-free protection, the company said in a release issued here.
“POS — Easy Bima Plan is an initiative to cater to the wide customer base that we have across our distribution. For first-time buyers, this product assures financial protection of an individual along with return of all premiums on survival to maturity. We have worked at making the buying process very simple as this just requires a one-step identification of the customer and filling up of a simple proposal form,” Canara HSBC OBC Life CEO Anuj Mathur said.
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