iSelect Smart 360 Term
- 3 Plan Options
- Add Your Spouse
- Block The Premium
266-1727438963.webp){kind=logo}
Canara HSBC iSelect Smart 360 is a comprehensive protection plan that allows you to stay protected with a life cover at affordable premiums. It offers four plan options per your protection needs; you can choose from any of the options: Life Secure, Life Secure with Income, and Life Secure with Return of Premium. You can get a lump sum, regular income, or your premiums back if you stay healthy throughout the policy term. Plus, you can customize it with extra protections that suit your needs. It's simple to pick the right coverage, and you can even include your spouse in the same plan.
Let us explore the iSelect Smart 360 Term plan in this article.
Canara HSBC iSelect Smart 360 Term Plan offers you a range of benefits including:
Minimum Age - 18 years Maximum Age - 65 years
Maximum Maturity Age - 99 years
Minimum term - 10 years Maximum term - 81 years
Basic Sum Assured: Rs. 25 Lakhs to no limit
The policy loan is not available under iSelect Smart 360 Term Plan.
Single pay, yearly, half-yearly, quarterly & monthly
Let's understand how the Canara HSBC iSelect Smart 360 Term plan works with a simple premium illustration.
Mr. Umar is a 30-year-old non-smoker looking for a complete protection plan that will financially protect his family in his absence.
His financial advisor advised him to buy the Canara HSBC iSelect Smart 360 Term Work. He visited PolicyX.com.
Let's understand how the Canara HSBC iSelect Smart 360 Term plan works for him with a premium illustration table.
| Age of policyholder | Monthly Premiums | Annual Premiums | Policy Tenure | Total premiums paid | Sum assured |
| 30 years | ₹978/month | ₹10,871/year | 30 years | ₹2,89,270 | ₹1 Cr |
Key Takeaways: If Mr. Vikas dies during the policy tenure, his family will receive ₹50 lacs as a death benefit from the insurer.
Here are the benefits associated with the iSelect Smart 360 Term
If thе pеrson insurеd or thеir spousе passеs away during thе policy tеrm, a lump sum amount will bе givеn to thе family. Both thе insured and thеir spousе can bе covеrеd undеr this plan, as long as thе policy is active.
In this variant, life insured will start receiving monthly installments from thе timе thе pеrson insurеd turns 60 for thе rеst of thе policy tеrm or until thеy pass away, whichеvеr comеs first.
If you, unfortunately, pass away during thе policy tеrm, your family will rеcеivе a lump sum monеy. On the other hand, you'll get back all the premiums paid towards the plan at maturity if you outlive the policy tenure.
With life stage benefits, you can increase your sum assured amount limit with their changing responsibilities at certain milestones, such as marriage, childbirth, or adoption.
You can add the following riders to your Canara HSBC iSelect Smart 360 Term Plan:
Get an extra payout on top of base cover upon death due to an accident.
Upon accidental total & permanent disability to the policyholder, your future premiums will be waived, and the policy will continue till maturity.
If you are diagnosed with 40 pre-specified critical illnesses, your future premiums will be waived, and the policy will continue until maturity.
If you are diagnosed with any covered terminal illness, lump sum benefit up to a maximum of Rs. 2 Crores shall be payable while you're alive.
Here is the list of exclusions associated with the plan:
Canara HSBC iSelect Smart 360 Term Pla is complete pure protection that offers life coverage up to the age of 99 years. The plan provides a choice of 3 plan options, and each variant has added key features such as spouse cover, income options in case of death, return of premium at maturity, etc. If you want to know more about the plan or compare different plans, you can easily contact us through the website policyx.com or call us at 1800-4200-269.
Canara HSBC iSelect Smart 360 is a comprehensive protection plan that allows you to stay protected with a life cover at affordable premiums. It offers...
Unique Features
Canara HSBC Young Term Plan is an online available pure protection term insurance plan. It offers two plan options, allowing policyholders to select t...
Unique Features
499-1727676483.webp){kind=logo}
Canara HSBC Saral Jeevan Bima is a simple, easy to understand term insurance plan that comes with benefits like easy on pocket premiums, flexibility t...
Unique Features
817-1727688016.webp){kind=logo}
4.6
Rated by 857 customers
Select Your Rating
Let us know about your experience or any feedback that might help us serve you better in future.
Daina is a content writer with a profound grasp of Insurance, Stocks, and Business domains. Her extensive 3-year experience in the insurance industry equips her with a nuanced understanding of its intricacies. Her skills extend to crafting blogs, articles, social media copies, video scripts, and website content. Her ability to simplify complex insurance concepts into reader-friendly content makes her an expert in the domain.
908-1728551768.webp)
Do you have any thoughts you’d like to share?