iSelect Smart360 Term Plan in one table
Claim settlement and complaint figures are IRDAI-published and held centrally by NYVO, not taken from the insurer's marketing.
What iSelect Smart360 Term Plan does, and what it does not
Term insurance is a narrow product, so the useful question is not how this plan scores against a benchmark – it is what it pays for and what it leaves out. Both lists come from Canara HSBC Life's own documents.
Which variant should you take?
This plan is sold in more than one form, and the choice is made once at purchase. Picking the wrong one is not something you can quietly correct later, so it is worth a minute now.
Straightforward death cover. Entry to 65, or 55 on the pay-till-60 route, or 40 on single premium.
Pays a monthly survival income of 0.1% of the sum assured alongside the cover. Entry closes at 55, and the minimum policy term is 65 less your age at entry.
Returns 100% of total premiums payable on maturity, excluding underwriting extras. Entry closes at 50 on the pay-till-60 route. Costs materially more than plain cover.
iSelect Smart360 Term Plan exclusions: what the plan will not pay for
Every policy carries exclusions, and they are the clauses people read for the first time at claim stage. These are the ones worth knowing before you buy.
Where iSelect Smart360 Term Plan falls short
No plan is right for everyone, and a page that only lists strengths is not much use to you. These are the gaps we would raise on a call before recommending it.
iSelect Smart360 Term Plan questions, answered
How much cover does iSelect Smart360 Term Plan offer?
Set at inception, subject to underwriting. The brochure's own illustration uses ₹1 crore over a 40-year term for a male non-smoker.
Who can buy iSelect Smart360 Term Plan?
Entry to iSelect Smart360 Term Plan runs from 18 to 65 years. Cover can run to age 99, which is the maximum maturity age on this plan. What you are actually offered still depends on your income, health and any cover you already hold.
What does iSelect Smart360 Term Plan not cover?
Like every term plan, iSelect Smart360 Term Plan excludes suicide within 12 months of policy commencement or revival – the payout is limited to a return of premiums, per the standard clause. Read the policy wording for the exact percentage. Other exclusions are listed on this page, and the policy wording you are issued is the contract.
Read it from the insurer
We summarise. The policy wording is the contract, and it is the only document that settles a dispute. These links go to the insurer's own pages.
Understand the terms before you commit
A plan page tells you what this policy does. These explain why each term matters and what it costs you when it is missing.
Other Canara HSBC Life plans we have read
Canara HSBC Life files these separately, and the terms differ between them. If you are choosing within the range, compare the waiting periods and the exclusions rather than the sum insured.