Canara HSBC OBC Life Insurance launches iSelect term plan

New Delhi, Feb 27 () Canara HSBC Oriental Bank of Commerce Life Insurance today expanded its online product suit with the launch of iSelect term plan meant for family protection. iSelect term plan provides enhanced protection cover forthe family at an affordable premium, the company said in arelease.Canara HSBC OBC Life Insurance claims the product to be highly cost effective. It will cover insured person's spouse as well as family's future income with an option to automatically increase insurance coverage as per changing life stage needs, the company said. "Our iSelect Term Plan is a pure protection online termplan that provides life insurance cover along with the optionto cover against accidental death/ disability," said AnujMathur, Chief Executive Officer, Canara HSBC Oriental Bank ofCommerce Life Insurance Company.* * * ** * * *Crompton changes its name to CG Power and Industrial SolutionsCrompton Greaves today said that the company has changedits name to CG Power and Industrial Solutions Ltd."Alteration of Memorandum of Association and Articles ofAssociation consequent to change of company name from CromptonGreaves Limited to CG Power and Industrial Solutions Limited",the company said in a BSE filing today.* * * ** * * *Transformers and Rectifiers bags Rs 153 cr orderTransformers and Rectifiers today said that it hasreceived order worth Rs 153 crores from Gujarat EnergyTransmission Corp (GETCO).With this order the company's order book as on datestands around Rs 1020 crore. KPM KKSBAL