'Platinum Plus' ULIP for HNIs, courtesy Canara HSBC OBC

BENGALURU: Canara HSBC Oriental Bank of Commerce Life Insurance has launched 'Platinum Plus', a unit-linked protection product for high net-worth individuals (HNIs).

The plan offers a choice of investing in up to 6 different unit-linked funds (India Multi-Cap Equity Fund, Equity II Fund, Growth Plus Fund, Balanced Plus Fund, Debt Fund and Liquid Fund) with equity exposure ranging from 0-100 per cent basis risk preference.

It also offers flexibility of switching and redirection between the fund options to take advantage of market movements or change in risk preference.