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Canara HSBC Life · 136N080V02

Canara HSBC Life iSelect Smart360 Term Plan

Canara HSBC Life iSelect Smart360 Term Plan (IRDAI UIN 136N080V02) is a term life insurance plan for people aged 18 to 65 at entry, with cover up to age 99.

Premiums depend on age, cover, city, health and the options you choose. Where the insurer published a premium, the figure shown is for the exact profile stated next to it; your premium will differ. Comparezi does not sell insurance or give advice: check the insurer's prospectus and policy wording, which prevail.

In short

Canara HSBC Life iSelect Smart360 Term Plan is a term life insurance plan from Canara HSBC Life. Key specifications: maximum entry age 65 years, maximum maturity age 99 years, death claims settled (insurer) 99.43%. Among term life insurance here it fits best for cover to an older age and insurer's claim payout record.

Sample premium ₹13,296 a year*

*For: Male non-smoker, age 30, Life Secure plan option, Level coverage option, Sum Assured Rs 1 crore, policy term 40 years (not 30), Regular Pay, annual mode, no Optional In-Built Covers; basis Physical Medical; exclusive of taxes. Brochure gives no 30-year-term figure.. Your premium will differ.

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Maximum entry age
65 years
Maximum maturity age
99 years
Death claims settled (insurer)
99.43%

Pros

  • Insurer paid 99.43% of individual death claims, higher than 77% of the 27 term life insurance plans on Comparezi that state it
  • Return-of-premium option available

Who should buy it

  • Best for Cover to an older age · What matters most? (pick any) #6 of 29 term life insurance for this
  • Best for Insurer's claim payout record · What matters most? (pick any) #6 of 29 term life insurance for this

Full specifications

Eligibility

Minimum entry age 18 years
Maximum entry age 65 years
Maximum maturity age 99 years
Policy term Life Secure: 5 years (5-9 years only for entry age 35+) to 81 years (99 minus age at entry) for Regular/Limited Pay, 62 years (80 minus age at entry) for Single Pay; Life Secure with Income: 65 minus age at entry to 99 minus age at entry; Life Secure with Return of Premium: 10 years to 99 minus age at entry
Minimum sum assured ₹25,00,000
Maximum sum assured No Limit (Subject to Board Approved Underwriting Policy); Non-working Spouse: Rs 50 Lakhs

Plan

Plan options Life Secure, Life Secure with Income, Life Secure with Return of Premium
Premium payment Life Secure: Single Pay, Regular Pay, Limited Pay 5/10/15/20/25/Up to age 60; Life Secure with Income / with Return of Premium: Regular Pay, Limited Pay 10/15/20/25/Up to age 60; Yearly/Half Yearly/Quarterly/Monthly/Single
Return of premium option Yes
Death benefit payout Lump Sum; Monthly Income (level or increasing @ 5/10% p.a. simple, over 60 months); Part Lump Sum Part Monthly Income (25%/75%, 50%/50%, 75%/25%)
Terminal illness benefit Yes
Waiver of premium Optional in-built cover 'ATPD Premium Protection' / 'ATPD Premium Protection Plus': all future premiums of the impacted life waived on Accidental Total & Permanent Disability

Premium

Sample annual premium ₹13,296
Sample premium is for Male non-smoker, age 30, Life Secure plan option, Level coverage option, Sum Assured Rs 1 crore, policy term 40 years (not 30), Regular Pay, annual mode, no Optional In-Built Covers; basis Physical Medical; exclusive of taxes. Brochure gives no 30-year-term figure.

Insurer

Death claims settled (insurer) 99.43%
Claims figures for FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)
IRDAI UIN 136N080V02

About the iSelect Smart360 Term Plan

Canara HSBC Life iSelect Smart360 Term Plan (IRDAI UIN 136N080V02) is a term life insurance plan for people aged 18 to 65 at entry, with cover up to age 99. It is one of 29 term life insurance plans on Comparezi, from Canara HSBC Life.

Information only. Comparezi does not sell insurance, does not give advice and is not paid by insurers. The policy wording issued by the insurer prevails over this summary.

Eligibility and cover

  • Entry age: 18 to 65 years
  • Maximum maturity age: 99 years
  • Policy term: Life Secure: 5 years (5-9 years only for entry age 35+) to 81 years (99 minus age at entry) for Regular/Limited Pay, 62 years (80 minus age at entry) for Single Pay; Life Secure with Income: 65 minus age at entry to 99 minus age at entry; Life Secure with Return of Premium: 10 years to 99 minus age at entry
  • Minimum sum assured: ₹25,00,000
  • Maximum sum assured: No Limit (Subject to Board Approved Underwriting Policy); Non-working Spouse: Rs 50 Lakhs

Plan options

  • Options: Life Secure, Life Secure with Income, Life Secure with Return of Premium
  • Premium payment: Life Secure: Single Pay, Regular Pay, Limited Pay 5/10/15/20/25/Up to age 60; Life Secure with Income / with Return of Premium: Regular Pay, Limited Pay 10/15/20/25/Up to age 60; Yearly/Half Yearly/Quarterly/Monthly/Single
  • Return of premium: Covered
  • Death benefit payout: Lump Sum; Monthly Income (level or increasing @ 5/10% p.a. simple, over 60 months); Part Lump Sum Part Monthly Income (25%/75%, 50%/50%, 75%/25%)
  • Terminal illness benefit: Covered
  • Waiver of premium: Optional in-built cover 'ATPD Premium Protection' / 'ATPD Premium Protection Plus': all future premiums of the impacted life waived on Accidental Total & Permanent Disability

How it compares on Comparezi

Of the 27 term life insurance plans on Comparezi with a stated maximum maturity age, 5 have a longer one and 5 have the same.

Premium

It depends on your age, cover, city and options. Canara HSBC Life's own published premium table gives ₹13,296 a year for this profile: Male non-smoker, age 30, Life Secure plan option, Level coverage option, Sum Assured Rs 1 crore, policy term 40 years (not 30), Regular Pay, annual mode, no Optional In-Built Covers; basis Physical Medical; exclusive of taxes. Brochure gives no 30-year-term figure. Your premium will differ; get a quote from the insurer.

About the insurer

Canara HSBC Life paid 99.43% of individual death claims in FY 2024-25 (by number of claims, computed from IRDAI's published claim counts).

Similar plans from other insurers

Sources

Checked 6 November 2026. Values the documents do not state are left out rather than estimated. See how Comparezi checks data.

Alternatives

Alternatives to the iSelect Smart360 Term Plan

All term life insurance →

Bajaj Life

eTouch II

  • 65 years Maximum entry age
  • 99 years Maximum maturity age
  • 99.29% Death claims settled (insurer)
Sample premium ₹24,359 a year*

Bharti AXA Life

Flexi Term Pro

  • 65 years Maximum entry age
  • 99 years Maximum maturity age
  • 99.18% Death claims settled (insurer)
Sample premium ₹11,300 a year*

Head to head

Compare the iSelect Smart360 Term Plan

Questions

iSelect Smart360 Term Plan FAQs

It depends on your age, cover, city and options. Canara HSBC Life's own published premium table gives ₹13,296 a year for this profile: Male non-smoker, age 30, Life Secure plan option, Level coverage option, Sum Assured Rs 1 crore, policy term 40 years (not 30), Regular Pay, annual mode, no Optional In-Built Covers; basis Physical Medical; exclusive of taxes. Brochure gives no 30-year-term figure. Your premium will differ; get a quote from the insurer.

136N080V02. The UIN identifies the exact product version filed with IRDAI; check it on your policy documents.

From 18 years to 65 years; limits can differ by plan option.

Up to age 99 at most; the limit can differ by plan option.

Yes, as an option or variant; the base cover pays only on death.

99.43% of individual death claims were paid in FY 2024-25, by number of claims, computed from IRDAI's published claim counts. It is an insurer-wide figure, not one for this plan.

Data sources

  • Manufacturer official pages

Last updated

Product details

Disclosure

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