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    <title>Canara HSBC Life Insurance Launches SecureInvest- A Unit-linked Plan Offering Life Cover up to 100x of Annualised Premium</title>
    <link>https://www.taxtmi.com/news?id=50834</link>
    <description>Canara HSBC Life Insurance launched SecureInvest (UIN: 136L092V01), a non participating unit linked life savings plan combining market linked investment with high multiple life cover, Loyalty Additions from policy year ten and recurring thereafter, and Maturity Boosters. It offers two options-SecureInvest Choice (term cover plus fund value at maturity) and SecureInvest Forever (protection to age eighty five)-together with multiple fund choices, portfolio strategies, partial withdrawals, premium redirection and fund switching; premiums and benefits may attract tax treatment as per prevailing laws. The company has filed a draft red herring prospectus for a proposed IPO, with customary investor risk warnings and US offering restrictions.</description>
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    <pubDate>Tue, 29 Jul 2025 14:31:04 +0530</pubDate>
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      <description>Canara HSBC Life Insurance launched SecureInvest (UIN: 136L092V01), a non participating unit linked life savings plan combining market linked investment with high multiple life cover, Loyalty Additions from policy year ten and recurring thereafter, and Maturity Boosters. It offers two options-SecureInvest Choice (term cover plus fund value at maturity) and SecureInvest Forever (protection to age eighty five)-together with multiple fund choices, portfolio strategies, partial withdrawals, premium redirection and fund switching; premiums and benefits may attract tax treatment as per prevailing laws. The company has filed a draft red herring prospectus for a proposed IPO, with customary investor risk warnings and US offering restrictions.</description>
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