Smart Term Plan Plus
Plan terms, riders and exclusions from the insurer’s published material, plus an estimate of what it might cost you.
Plan terms
Key benefits
- 8 plan variants incl. whole life to 100, income protection, return of premium
- Inbuilt terminal illness
- Payout within 1 working day of claim
- Premium deferral up to 12 months
Riders and add-ons
Available for an extra premium. Rider terms and eligibility are set out in each rider’s own document.
- Waiver of Premium Plus
- Critical Illness and Disability Rider
- Accidental Death and Dismemberment Rider (extra premium)
Important exclusions
- Suicide within 12 months
- Non-disclosure of health or lifestyle facts
General wording, not quoted from the policy. Read the full exclusions in the policy document before buying.
Estimate your premium for Smart Term Plan Plus
Scaled to this plan’s published price compared with the benchmark. Not an insurer quote.
Premium details
Estimated monthly premium
₹938 / month
Likely range ₹751 – ₹1,173 a month · about ₹10,829 a year
| Rate at your age | ₹11,124 a year per ₹1 Cr (age 30, 30-year cover) |
| Sum insured | × 1.00 (₹1 Cr) |
| Term factor | × 1.00 (30 years) |
| Smart Term Plan Plus pricing | × 0.97 (vs. the benchmark plan's published price) |
| Tobacco | × 1.00 (non-smoker) |
| Gender | × 1.00 (male) |
| Health | × 1.00 (good) |
| Monthly payment | ÷ 12, plus 4% for paying monthly |
Rates are matched to published example premiums from one leading insurer (₹1 Cr, healthy non-smoking man, 30-year cover, 2026), scaled for your age, cover and term. Women usually pay less; smokers typically pay 50–80% more. Actual premiums are set by each insurer and depend on medical underwriting, health, lifestyle, tobacco use, occupation, income, riders, payment option and applicable taxes. Actual rates can be considerably higher or lower. Check the insurer’s current rates or talk to a licensed adviser before you decide.