Canara HSBC Life Insurance announced the launch of Promise4Wealth, a ULIP with three variants—Maximiser, Shield, LongLife.
Plan features premium allocation charge, returns charges at maturity, and offers a passive fund tied to BSE 500 Enhanced Value 50 Index.
Shield variant provides premium funding on death, paying premiums and giving nominee a lump‑sum sum assured plus up to 120 months of income.
Rishi Mathur, Chief Distribution Officer – Alternate Channels and CMO, highlighted the product’s focus on transparency, market‑linked growth and lifelong protection.