Canara HSBC OBC Life Insurance Company

Incorporated in 2007, Canara HSBC Life Insurance Company Limited is a joint venture promoted by Canara Bank (36.5 per cent) and HSBC Insurance (Asia Pacific) Holdings Limited (25.5 per cent). Punjab National Bank is also a shareholder of the Company, holding 13% as an investor, while the remaining 25% is held by other public shareholders and other investors. As a bancassurance-led insurance company with its corporate office at Gurugram, Haryana and more than 100 branch offices as of September 30, 2025, PAN India, Canara HSBC Life brings together the trust and market knowledge of public and private banks.

For more than 18 years now, Canara HSBC Life Insurance has sold insurance products to customers through multiple channels and a well-diversified network of Canara Bank, HSBC Bank and its other bancassurance partners located in multiple [Tier 1, 2 and 3] cities across the country. Canara HSBC Life Insurance has a vast portfolio of life insurance solutions and offers various products across individual and group spaces, comprising of life, term plans, retirement solutions, credit life, and employee benefit segments through partner banks and digital.

With an aim to provide simpler insurance and a faster claim process, Canara HSBC Life Insurance intends to keep the promises of their customers alive with their “Promises Ka Partner” philosophy.

Our Values

Agility

Flexibility, responsiveness, and adaptability in the face of change. A mindset to pivot quickly, embrace innovation, and continuously improve to stay competitive. 

Collaboration

Working together, open communication and collective problem-solving to achieve shared goals. A culture where individuals work together, leverage each other’s strengths, and value diverse perspectives, driving success. 

Ownership

Commitment by employees to take full responsibility for their roles, actions, and outcomes. Encourages individuals to approach work with accountability, proactivity, and a result-driven mindset, treating organisations' success as their own. 

Customer Centricity

Deep commitment to understanding, prioritising, and meeting customer expectations, whether they be internal or external. It places the customer at the core of decision-making, thereby ensuring that actions and initiatives deliver value to them.