Canara HSBC OBC Company has a record of settling 100% of claims in under 30 days. Canara HSBC Life Insurance Company has a claim settlement ratio of 99.01%, along with a claim amount settlement ratio of 96.42%. They have received a higher number of complaints compared to other insurers. Furthermore, they have a short claim form, dedicated toll-free claim support, and the added benefit of a personal relationship manager for claims. They also offer the convenience of an online tracking system for claims. However, it's important to note that they do not offer home pick-up of claims.

Aegon Life Insurance Company Limited has settled 100% of claims in under 30 days with a higher number of complaints compared to other insurers.  They have a claim settlement ratio of 99.37% and a claim amount settlement ratio of 98.76%. They offer a short claim form and online tracking of claims. The downside is that they do not offer home pick-up of claims and a personal relationship manager for claims.

You can contact Canara HSBC OBC Company, either through their toll-free telephone number or Twitter. According to our research, it appears that their response rate on Twitter and their toll-free number are both average, compared to other insurers. This means you or your family may not get timely assistance on both of these platforms.

Aegon Life Insurance Company Limited offers customer support via their toll-free number and Twitter. As per our research, we found that their Twitter response rate was slow and their toll-free service was average, compared to other insurers. This means that opting for the toll-free number can be a better option if you or your family need help.

A variety of customization options are available with Canara HSBC Young Term Plan. It offers you an increasing cover option in which your coverage by 5% every year until your base policy cover doubles. It is important to note that coverage increases from the second year onwards. Canara HSBC Young Term Plan offers a life cover up to the age of 99 with several limited payment options like 5-pay, 10-pay, 15-pay, pay till 60 years with premiums payable on a monthly, quarterly, half-yearly, or annual basis. Claim payout options include a one-time lump sum option, monthly instalment option, and a combination of both. Canara HSBC Young Term Plan offers a Critical Illness Rider, Waiver of Premium for Critical Illness Rider, Waiver of Premium for Accidental Disability Rider, and an Accidental Death Benefit Rider.

The Aegon Life iTerm Prime provides various customisation options. However, it does not offer the increasing cover option. It does offer limited pay options like 10-pay and pay till 60 years. The Aegon Life iTerm Prime offers a life cover of up to the age of 70 years. You can pay premiums monthly, half-yearly, and yearly. It offers the claim payout as a one-time lump sum payment. Aegon Life iTerm Prime offers riders that can help you enhance your coverage These riders include a Critical Illness Rider, an Accidental Death Benefit Rider, and a Waiver of Premium Rider for Critical Illness.