Mumbai, March 15 -- Canara HSBC Life Insurance Company Limited ("Canara HSBC Life Insurance") has entered a strategic distribution partnership withGIC Housing Finance Limited("GICHF") to provide enhanced financial security solutions to GICHF's home loan customers. Through this partnership, Canara HSBC Life Insurance will offer its'Group Asset Secure'product -a comprehensive credit life insurance plan-designed to protect borrowers and their families against loan liabilities in the event of unforeseen circumstances.

The partnership aims to support and enable India's intent and ambition of owning their own homes. With GIC Housing Finance's diversified customer pool, the alliance will unlock a viable financial protection provision for the cu...