About the Plan

As the provider for your family, you work hard to cater to their every need, wouldn't you want to provide for them even in difficult times-even if you are not around?

With our eSmart Term Plan, you can just do that! Your family has a safety net and will never be financially challenged. All this at a very low cost and within a few minutes!

Eligibility Criteria Minimum Maximum
Entry age (Life Assured) 18 years 70 years
Policy Term* 5 years 40 years*
(provided you are 75 years or younger at the end of the term)
Premium Payment Term This plan offers only annual premium payment mode. You will have to pay this premium throughout the policy term chosen by you
Sum Assured ` 25,00,000 No maximum limit,
subject to underwriting

*Policy Term should be in multiple of 5 years (5/10/15/20/25/30/35/40)

Terms & Conditions

  • WHY BUY
    • Get Life Insurance Cover at a low cost
    • Buy this plan online - quick and easy
    • Easy claims process - a dedicated manager will assist your family in claim settlement in the event of a claim
    • You may get tax benefits on premium payments
    • Option to cover accidental death
  • BENEFITS

    Death Benefits Option

    In the unfortunate event of death of Life Insured during the term of policy, the nominee shall receive the following benefits.

    Option Benefits Paid to Nominee
    A Sum Assured
    B Sum Assured PLUS Accidental Death Benefit (ADB)#

    #` 1 crore) will be paid only in the unfortunate event of death of the Life Insured due to an accident. Maximum Accidental Death Benefit per life is capped to ` 1 crore across all individual policies with the Company

    Family Assistance Promise

    If something were to happen to you, you would want your family to access the claim amount in the easiest way possible. That is why we created the unique Family Assistance Promise.

    When your family files a claim, we will assign a personal case manager. The case manager will be a one-point contact for your family, assisting them though the claims process and minimizing their inconvenience.

    Your family can also reach out to us through the internet.

    Your family can file a claim at the click of a button and we will contact them within 2 working days.Claims can also be filed through email, our toll-free number, a letter or through any of our branches.

    Maturity Benefits

    This is pure protection plan hence there is no maturity benefit under this plan

    Tax Benefits**

    Tax benefits under the policy will be as per the prevailing Income Tax laws and are subject to amendments from time to time. For tax related queries, contact your independent tax advisor.

    **Tax benefits under the policy will be as per the prevailing Income Tax laws and are subject to amendments from time to time. For tax related queries, contact your independent tax advisor. To avail tax benefits, Sum Assured should be minimum of 10* Annual Premium

  • HOW IT WORKS

    eSmart Term Plan comes to you at a low cost. The table below provides Annual Premium (exclusive of service tax and cesses, as applicable) for various combinations of age and term for a non-tobacco user, healthy male:

    Option Life Cover Annual Premium (`)
    Age (years) 25 30 35 40 45 50
    A Sum Assured of ` 1 crore Term - 20 yer 6,172 6,385 8,401 12,105 18,120 28,092
    Term - 25 yer 6,172 7,314 10,126 14,873 22,685 36,167
    B Sum Assured of ` 1 crore + ADB Sum Assured of ` 1 crore Term - 20 yer 11,160 11,273 13,204 16,917 22,936 32,906
    Term - 25 yer 11,160 12,117 14,940 19,691 27,501 40,981

    Premium rates for tobacco users will vary. Under this Plan, female lives enjoy better rates as compared to males of same age. Female lives will get a 3 year age setback in premium rates as compared to the male lives. Your actual premium will depend on company's assessment of risks on your health, lifestyle, occupation, etc. Please refer to our website to calculate your premium. A discount of ` 0.47 per 1000 Sum Assured will be offered for Sum Assured in excess of ` 1 crore wherever ADB has been opted for.

  • BROCHURE & PDFs

Get a Call Back

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I agree that even if my contact number is registered with NDNC/NCPR, I would still want the Company to contact me on the given number for the clarifications/product information sought by me.

Claims Process

  • Step1: Claim Intimation & Registration
  • Step2: Fund Value Disbursement & Documentations
  • Step3: Processing & Settlement
Know more

Claims Process

  • Step1: Claim Intimation & Registration
  • Step2: Fund Value Disbursement & Documentations
  • Step3: Processing & Settlement
Know more