Canara HSBC Oriental Bank of Commerce Life Insurance Launches Life Insurance Simulator (LIS).
What is Life Insurance Simulator (LIS)?
LIS is an interactive financial need assessment software that takes the customer through a series of simple steps to assess the amount he requires for each of his needs and if his current savings and investments are adequate to fulfill them.
LIS will help the customer to evaluate his financial requirements. LIS is available in English, Hindi and 2 other regional languages – Punjabi and Kannada.
LIS will also help customers in making their financial planning more effective as it focuses on four essential life stages – family protection, child’s future requirements, wealth creation and retirement.”