Skip to main content

IndusInd Nippon Life Insurance Company Limited

IndusInd Nippon Life Super Suraksha Plus

IndusInd Nippon Life term plan

UIN 121N149V01We don't sell this — we'll still recommend if it fits

The dealbreaker fields (term life)

Sum assured (max)

Claim settlement (CSR)

96%

Claims TAT

[object Object] days

Suicide exclusion

12 months

Payout options

Lumpsum · Monthly Income · Lumpsum + Monthly Income

Premium payment

Single Pay · Regular Pay · Limited Pay 5/10/15/20 +1

Policy term

5–67 yrs

Surrender value

no

Free look

30 days

What this plan does well

  • Bank-backed (IndusInd Bank) + International (Nippon Life Japan) JV
  • Coverage up to age 85
  • Multiple PPT options (Single / Regular / Limited / Pay Till 60)
  • Death Benefit Lumpsum / Monthly Income / Combination

Watch out for

  • Recently rebranded (Reliance Nippon → IndusInd Nippon Life) — brand uncertainty
  • Death Benefit 10x premium (vs Bandhan iTerm Prime 11x)
  • No special features unique to this plan (standard term offering)
  • IndusInd Nippon CSR ~96-97% (mid-tier vs top 99%+)
  • Max entry 65 (no 70-entry option)

Is this the right plan for you?

Run the 30-second cover calculator. We'll tell you whether this plan, or a different one, is the better fit.

Find my right cover →

We don't directly sell this plan today. If our verdict says this is your best fit, we'll point you to a broker who does — and tell you our paired listed alternative so you can decide.