Established in 2008, Canara HSBC Life Insurance Company Limited is a joint venture between Canara Bank (51 per cent), HSBC Insurance (Asia Pacific) Holdings Limited (26 per cent) and Punjab National Bank (23 per cent). The company brings together the trust and market knowledge of public and private bank i.e Canara Bank and & HSBC Bank. Headquartered in Gurugram, the Company has branch offices pan India. The company sells and services its customers through a well diversified partner bank branches and also has a well established distribution network in Tier 1, 2 and 3 markets. The company has a vast portfolio of insurance products and solutions. It offers various products across individual and group space comprising of life, health, online term plans, retirement solutions, credit life and employee benefit segments.