Contact us

To Buy: 1800-258-5899 (9:30 AM to 6:30 PM)


For Existing Policy: 1800-103-0003/ 1800-180-0003/ 1800-891-0003



Locate Branch



Search Button
Insure Smart Plan

Insure Smart Plan

Insure Smart Plan

Live the dreams you always desired

Meet Advisor Meet Advisor
Insure Smart Plan

Meet our Advisor

About Insure Smart Plan

In this policy the investment risk in investment portfolio will be borne by the policyholder

UIN: 136L019V05

Insure Smart Plan is a unit linked insurance plan, it helps you save for your specific dreams with the flexibility of paying premiums for 5 years and getting Life Cover for 10 years with freedom to invest in our 6 funds as per your investment needs.

Why Buy

We all want to be financially comfortable and ensure that we have adequate funds in place, to enjoy our life. Our living expenses and financial goals are different for different stages of life, whether saving for retirement, raising a child or simply having the financial freedom to do as we want.

The Plan Offers

  • India Multi-Cap Equity FundNow generate capital appreciation in the long term through equity investments by investing in a diversified portfolio of Small Cap, Mid Cap and Large Cap companies.
  • Premium OptionsThere are attractive discounts on premium allocation charge, in case you choose to pay renewal premiums through ECS/Standing Instructions.
  • Fund SwitchingYou can switch some or all of your investments from one fund to another, any number of times. The minimum amount that you can switch is ₹10,000.
  • Premium RedirectionYou can modify the allocation of future premiums once in a policy year. The revised allocation proportion will apply to your subsequent premiums.
  • Increase/Decrease of Sum AssuredYou can increase or decrease your Sum Assured from the 6 policy year, provided all due premiums are paid. This facility is available once every year subject to maximum of 3 times during the Policy Term.
  • Partial WithdrawalYou can make partial withdrawals for any unforeseen contingency, from the 6th policy year. In case the Life Assured is a minor, partial withdrawal will be allowed once he/she attains age 18. The minimum amount that you can withdraw is ₹10,000 and the maximum is such that the Fund Value after withdrawal does not fall below 120% of the Annualized Premium.

Death Benefit

In the unfortunate event of your death while your policy is in-force, your nominee will receive higher of:

  • Sum Assured less partial withdrawals made in the preceding 2 years
  • Fund value as on date of intimation of death
  • 105% of all the premiums paid up to the date of death

Maturity Benefits

Your policy will mature at the end of 10 years. You will receive the Fund Value based on the prevailing NAVs at maturity. Moreover, Loyalty Addition will also be payable.

Loyalty Additions

You will get a loyalty addition of 1% of your total fund value at maturity.

Investment Funds

You can choose to invest in 6 investment funds with equity exposure ranging 0% to100%, depending on your investment philosophy:

  • India Multi-Cap Equity Fund
  • Equity II Fund
  • Growth Plus Fund
  • Balanced Plus Fund
  • Debt Plus Fund
  • Liquid Fund

Tax Benefits#

You can avail tax benefit on the premium paid subject to current applicable provisions of Section 80C of income Tax Act, 1961.

*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.

Mr. Vijay, age 40, chooses to pay annual premiums as shown below. He opts for a Sum Assured of 10 times the Annualized Premium and a fixed Policy Term of 10 years & fixed Premium Paying Term of 5 years. The table below shows the maturity for multiple scenarios assuming annual gross investment return of 4%* and 8%* with 100% investment in Equity II Fund and ECS as Premium Payment Mode.

Annual Premium (₹)
Sum Assured (₹)
Fund Value (₹) at at the end of 10th Year assuming Gross Investment Return of























*The assumed rates of return (4% p.a. or 8% p.a.) shown in the above illustrative examples of different scenarios are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your Policy depends on a number of factors including future investment performance. The Fund Values shown in the above illustrative example are after deduction of all charges (including Goods and Services Tax & Applicable cess (es)/levy, if any @18%).

  • Entry Age (Life Assured)

8 years


70 years


10 years (Fixed)



10 x Annualized Premium (for ages below 45)

7 x Annualized Premium (for ages 45 and above)


35 x Annualized Premium subject to underwriting

  • Annual Premium




No Limit

  • Premium Payment Term

5 years (Fixed)

In this policy, the investment risk in Investment Portfolio is borne by the policyholder.

The Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of the fifth year.

Share your Valuable Feedback


Average Rating

Was the Information Helpful?

Very Good
Online Plans Pay Premium Get a Call Contact Us