{"uin":"121N154V01","name":"INL Secure Shield Plan","url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01","insurer":{"slug":"indusind-nippon-life-insurance","name":"IndusInd Nippon Life Insurance Company Limited","url":"https://indiainsurances.com/insurer/indusind-nippon-life-insurance"},"line":"life","category":"savings-life","category_name":"Endowment and savings plans","irdai_type":null,"kind":"product","status":"active","approved_on":null,"withdrawn_on":null,"summary":"IndusInd Nippon Life Secure Shield Plan is a non-linked, non-participating individual savings life insurance plan with death or terminal illness cover and return of premium at maturity. The sales brochure states policy terms of 15 to 67 years, entry age of 18 to 60 years, and sum assured from 5 Lakhs to 75 Lakhs.","analysis":{"state":"machine","analysed_at":"2026-10-20 00:48:54.807669+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"quote-verified","value":["IndusInd Nippon Life Secure Shield Plan"],"display":"IndusInd Nippon Life Secure Shield Plan","note":null,"quote":"Plan Name | Base Sum Assured (Rs.) | Base Policy Term (Years) | P P ( | Base | Instalment Premium Year 1 (Rs.) (A) | ( c ( | GST | ) | I P ( | nstalment | h ) | Base Policy Maturity Date | Due Date of last premium payment\nremium | including | remium\nayment | ess if any | Year 1 wit\nTerm | Year 1 | GST\nYears) | Rs.) (B) | Rs.) (A+B\n<< IndusInd Nippon Life Secure Shield Plan>>","sources":[{"clause":null,"heading":"Base Policy Benefits","page":5,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-base-policy-benefits"}],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"quote-verified","value":"Policy term is 15 to 67 years.","display":"15 to 67 years","note":"From the sales brochure.","quote":"Policy Term (in years) | 15 to 67","sources":[{"clause":null,"heading":"Eligibility Criteria","page":4,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9920#c-eligibility-criteria"}],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"For death or terminal illness, the claimant should intimate the claim and provide documents preferably within 90 days from the claim event. For maturity, the claimant should endeavour to submit primary documents at least 15 days before the Policy Maturity Date.","display":"Death/terminal illness: preferably within 90 days from the claim event; maturity: at least 15 days before Policy Maturity Date","note":null,"quote":"To enable the Company to process the Return of Premium on Maturity in a speedy manner, the Claimant shall endeavor to submit the primary documents at least 15 days before the Policy Maturity Date. In the event of a claim for Death/ Terminal Illness Benefit arising under this Policy, the Claimant shall endeavor to intimate the Company in writing of the claim and provide the following documents to the Company preferably within 90 days from the claim event.","sources":[{"clause":"6.3","heading":"Requirements for Maturity, Surrender, Death and Terminal Illness Benefit Payout","page":19,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-6-3"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["Original Policy Document (in case of issuance of policy in physical form)","Copy of all Medical / Hospital records (Admission Notes, Discharge summary and Test Reports)","Copies of hospital bills & copies of all related clinical reports pertaining to the claim event Life expectancy certificate from two (2) independent Medical Practitioners","Death certificate in original issued by the competent authority","Hospitalization documents (discharge summary along with all investigation reports) if the Life Assured has taken treatment for illness leading to his death","Claim Forms duly filled in by the Claimant","KYC documents of the Claimant as per the Anti Money Laundering (AML) Policy of the Company","Personalized Cancelled cheque leaf/ Self-attested passbook copy of the Claimant/ Bank Statement with last 6 months transaction","First Information Report","Postmortem Report","Final Police Investigation Report, where applicable","Duly filled and signed Surrender Payout form/ Maturity Discharge form","FATCA CRS Form"],"display":"Original policy document, medical/hospital records, death certificate, claim forms, KYC, bank details, FATCA CRS Form, and extra police documents for unnatural deaths","note":"The exact documents vary by terminal illness, death, unnatural death, maturity, or surrender claim.","quote":"List of primary documents required in the event of a claim for Terminal Illness\na) Original Policy Document (in case of issuance of policy in physical form)\nb) Copy of all Medical / Hospital records (Admission Notes, Discharge summary and Test Reports)\nc) Copies of hospital bills & copies of all related clinical reports pertaining to the claim event Life expectancy certificate from two (2) independent Medical Practitioners* specializing in treatment of such illness, mentioning about the irreversible terminal medical condition suffered by the insured and that is expected to result in death of the insured within 6 months of diagnosis. ... List of primary documents required in the event of a claim for Death Benefit\na) Original Policy Document (in case of issuance of policy in physical form)\nb) Death certificate in original issued by the competent authority\nc) Hospitalization documents (discharge summary along with all investigation reports) if the Life Assured has taken treatment for illness leading to his death\nd) Claim Forms duly filled in by the Claimant, by the last treating doctor (if applicable) and by a third person (who is not a relative of the Claimant)\ne) KYC documents of the Claimant as per the Anti Money Laundering (AML) Policy of the Company\nf) Personalized Cancelled cheque leaf/ Self-attested passbook copy of the Claimant/ Bank Statement with last 6 months transaction ... List of additional documents required in the event of a claim for Death Benefit for un-natural Deaths\na) First Information Report\nb) Postmortem Report\nc) Newspaper Clipping, where available\nd) Viscera Report/Chemical Analysis Report, where applicable\ne) Final Police Investigation Report, where applicable\nf) Copy of Driving License if Life Assured was driving the vehicle at the time of the Accident. ... List of primary documents required in case of Maturity/ Surrender Benefit:\na) Original Policy Document (in case of issuance of policy in physical form)\nb) Self -Attested KYC documents of the Policyholder as per the Anti Money Laundering (AML) Guidelines of the Company\nc) Duly filled and signed Surrender Payout form/ Maturity Discharge form along with Personalized Cancelled cheque leaf/ Self-attested passbook copy of the Claimant(Applicable only for Maturity benefit) /Bank statement with last 6 months transaction/\nd) FATCA CRS Form","sources":[{"clause":"6.3","heading":"Requirements for Maturity, Surrender, Death and Terminal Illness Benefit Payout","page":19,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-6-3"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"quote-verified","value":"The company shall settle the claim within 15 days from receipt of the last necessary document, or 45 days for a claim warranting investigation. For delay, interest is payable from intimation to payment at 2% above the bank rate.","display":"15 days from last necessary document; 45 days if investigation; delay interest at 2% above bank rate","note":null,"quote":"The Company shall settle the claim within 15 days (45 days in case of claim warranting an investigation) from the date of receipt of last necessary document. In the case of delay in the payment of a claim, the Company shall pay interest from the date of intimation to the date of payment of claim at a rate 2% above the bank rate.","sources":[{"clause":"6.3","heading":"Requirements for Maturity, Surrender, Death and Terminal Illness Benefit Payout","page":19,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-6-3"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["death due to suicide within 12 months from the date of commencement of risk under the policy or from the date of revival of the policy","Apart from Suicide exclusion detailed above, no other exclusion is applicable in the event of death","intentional self-inflicted injury or attempted suicide, whether medically sane or insane"],"display":"Suicide within 12 months; no other death exclusion; terminal illness caused by intentional self-inflicted injury or attempted suicide","note":null,"quote":"In case of death due to suicide within 12 months from the date of commencement of risk under the policy or from the date of revival of the policy, as applicable, the nominee or beneficiary of the policyholder shall be entitled to at least 80% of the total premiums paid till the date of death or the surrender value available as on the date of death whichever is higher, provided the policy is in force. ... Apart from Suicide exclusion detailed above, no other exclusion is applicable in the event of death. ... The Life Assured will not be entitled to any Terminal Illness benefit if it is caused directly or indirectly due to or occasion, accelerated or aggravated by intentional self-inflicted injury or attempted suicide, whether medically sane or insane.","sources":[{"clause":"6.4.1","heading":"Suicide Exclusion","page":20,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-6-4-1"},{"clause":"6.4.2","heading":"Terminal Illness","page":21,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-6-4-2"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"First contact customer service by phone, email, nearest branch, or writing to customer care. If unresolved for more than 14 days or not satisfactory, escalate to the Service Branch Manager/Local Grievance Redressal Officer, then to the Grievance Redressal Officer before the Insurance Ombudsman.","display":"Customer service first; then Service Branch Manager/Local Grievance Redressal Officer; then Grievance Redressal Officer; then Ombudsman","note":null,"quote":"Step 1: If You are dissatisfied with any of Our services, please feel free to contact Us at the following contact points –– Step 1.1: Call Us at 1800 102 1010 (Toll free); Call centre timings: 8am to 8pm Monday to Saturday or Email: customerservice@indusindnipponlife.com OR Step 1.2: Contact the Customer Service Executive at Your nearest branch of the Company OR Step 1.3: Write to: IndusInd Nippon Life Customer Care IndusInd Nippon Life Insurance Company Limited, Unit Nos. 401B, 402, 403 & 404, 4th Floor, Inspire-BKC, G Block, BKC Main Road, Bandra Kurla Complex, Bandra East, Mumbai– 400051 OR IndusInd Nippon Life Insurance Company Limited 7th Floor, Silver Metropolis, Off Western Express Highway, Goregaon East, Mumbai - 400 063 Step 2: If Your complaint is unresolved for more than 14 days, or, you are not satisfied with the solution provided, or, you have wish to register a complaint, please contact Our Service Branch Manager, who is also the Local Grievance Redressal Officer at Your nearest branch OR email us at headcustomercare@indusindnipponlife.com OR write to the correspondence address mentioned in Step 1 above Step 3: If you are not satisfied with the resolution, please write to Our Grievance Redressal Officer at gro@indusindnipponlife.com OR write to the correspondence address mentioned in Step 1 above Step 4: If the issues remain unresolved; you may refer the matter to the Insurance Ombudsman in accordance with the applicable rules","sources":[{"clause":"7.3","heading":"Grievance Redressal","page":28,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-7-3"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"sum_assured","label":"Sum assured","section":"Cover","meaning":"The minimum and maximum life cover, or the rule that sets it (for example 10 times the annual premium).","status":"quote-verified","value":"Minimum Sum Assured is 5 Lakhs and Maximum Sum Assured is 75 Lakhs.","display":"5 Lakhs to 75 Lakhs","note":"From the sales brochure.","quote":"Minimum Sum Assured | 5 Lakhs\nMaximum Sum Assured | 75 Lakhs","sources":[{"clause":null,"heading":"Eligibility Criteria","page":4,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9920#c-eligibility-criteria"}],"law":[]},{"key":"death_benefit","label":"Death benefit","section":"Cover","meaning":"What your family gets if you die during the term, and how it is calculated.","status":"quote-verified","value":"On death or diagnosis of terminal illness, whichever occurs first, during the policy term while in force, 100% of the Insured Amount is payable depending on the chosen payout option. Insured Amount is the higher of the Sum Insured or 105% of total premiums paid up to the date of the contingent event.","display":"100% of Insured Amount; Insured Amount is higher of Sum Insured or 105% of total premiums paid","note":"Post age 75, terminal illness benefit is capped as stated separately in the policy wording.","quote":"In the event of Death or diagnosis of Terminal Illness (whichever occurs first) of the Life Assured during the Policy Term, provided the Policy is In-force as on date of death prior to diagnosis of Terminal Illness or on the date of diagnosis of Terminal Illness, 100% of the Insured Amount shall be payable depending on the payout option chosen. ... “Insured Amount” means the amount determined as the higher of the Sum Insured or 105% of the total premiums paid up to the date of the contingent event.","sources":[{"clause":null,"heading":"3. Part C 3.1. Key Benefits","page":12,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-3-part-c-3-1-key-benefits"},{"clause":null,"heading":"2. Part B 2.1. Definitions","page":9,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-2-part-b-2-1-definitions"}],"law":[]},{"key":"maturity_benefit","label":"Maturity benefit","section":"Cover","meaning":"What you get if you survive to the end of the term.","status":"quote-verified","value":"At the end of the policy term, if the policy is in force at maturity and no claim has been paid, the maturity benefit is an amount equal to total premiums paid, excluding any extra premium and taxes.","display":"Return of total premiums paid at maturity, excluding extra premium and taxes, if no claim has been paid","note":null,"quote":"At the end of the policy term, provided the policy is in-force as on the date of maturity, an amount equal to the total premiums paid (excluding any extra premium and taxes, if any) during the policy term shall be payable on survival of the Life Assured at the end of the policy term, provided no claim has been paid during the Policy Term.","sources":[{"clause":null,"heading":"3.1.1. Return of Premium (ROP)","page":12,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-3-1-1-return-of-premium-rop"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"quote-verified","value":"Maximum maturity age is 85 years.","display":"85 years","note":"From the sales brochure.","quote":"Maximum Maturity Age (in years) | 85*","sources":[{"clause":null,"heading":"Eligibility Criteria","page":4,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9920#c-eligibility-criteria"}],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"quote-verified","value":"If death is due to suicide within 12 months from commencement of risk or revival, the nominee or beneficiary is entitled to at least 80% of total premiums paid till death or the surrender value available on the date of death, whichever is higher, provided the policy is in force. No other claim is entertained except that refund or acquired surrender value, and no benefit is payable if terminal illness benefit has already been paid.","display":"Within 12 months: higher of 80% of total premiums paid or surrender value, if policy is in force","note":null,"quote":"In case of death due to suicide within 12 months from the date of commencement of risk under the policy or from the date of revival of the policy, as applicable, the nominee or beneficiary of the policyholder shall be entitled to at least 80% of the total premiums paid till the date of death or the surrender value available as on the date of death whichever is higher, provided the policy is in force. No other claim would be entertained by the Company except the refund of 80% Total Premiums Paid or the acquired surrender value, as applicable. Apart from Suicide exclusion detailed above, no other exclusion is applicable in the event of death. This provision shall apply only to benefits payable on death. Notwithstanding anything to the contrary, no benefit shall be payable under this clause if any Terminal Illness benefit has already been paid under the policy.","sources":[{"clause":"6.4.1","heading":"Suicide Exclusion","page":20,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-6-4-1"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 21","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 35","url":"https://indiainsurances.com/law/irdai-life-products-2024"}]},{"key":"surrender","label":"Surrender value","section":"Renewal and rights","meaning":"What you get if you stop the policy early, and from when.","status":"quote-verified","value":"The surrender value payable during the policy term is the higher of Guaranteed Surrender Value and Special Surrender Value. GSV is acquired if all due premiums have been paid for at least the first two consecutive policy years and equals GSV Premium Factor multiplied by Total Premiums Paid; SSV is payable after completion of the first policy year if one full year premium has been received.","display":"Higher of GSV and SSV; GSV after 2 full years, SSV after 1 full year","note":null,"quote":"The Surrender Value payable during the Policy Term is higher of:\n• Guaranteed Surrender Value (GSV) and\n• Special Surrender Value (SSV) ... The Policy shall acquire a Guaranteed Surrender Value if all due premiums have been paid for at least first two consecutive Policy Years in full. Guaranteed Surrender Value is calculated as below:\nGSV Premium Factor multiplied by Total Premiums Paid ... SSV shall become payable after completion of first policy year provided one full year premium has been received.","sources":[{"clause":"4.2","heading":"Surrender Benefit","page":14,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-4-2"},{"clause":null,"heading":"Guaranteed Surrender Value (GSV)","page":14,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-guaranteed-surrender-value-gsv"},{"clause":null,"heading":"Special Surrender Value (SSV)","page":14,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-special-surrender-value-ssv"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.1 to 26.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.4 and 26.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 27","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.16 and 1.17","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(1) to (3)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(4) and (5)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(6) to (9)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)(c)(V)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"paid_up","label":"Paid-up value","section":"Renewal and rights","meaning":"What cover continues if you stop paying premiums after a few years.","status":"quote-verified","value":"If the policy has acquired a surrender value and no future premiums are paid, it may continue as a Reduced Paid-up Policy. Death or terminal illness pays the Paid-up Sum Insured, and Paid-up Sum Insured is the higher of Sum Insured multiplied by Paid up Factor or 105% of Total Premiums Paid up to the contingent event.","display":"Reduced paid-up after acquiring surrender value; paid-up sum insured is higher of Sum Insured × Paid up Factor or 105% of Total Premiums Paid","note":"The paid-up maturity benefit is return of Total Premiums Paid if the reduced paid-up policy survives to the end and no claim has been paid.","quote":"If the Policy has acquired a Surrender Value and no future Premiums are paid, the Policy may continue as Reduced Paidup Policy. For a Reduced Paid-up Policy, the Benefits under the Policy will be reduced as given below: ... Paid-up Sum Insured shall be payable following which the policy shall terminate. ... Paid up Sum Insured is defined as higher of:\n• Sum Insured chosen by the policyholder multiplied by Paid up Factor; or\n• 105% of Total Premiums Paid up to the date of contingent event","sources":[{"clause":"4.3.1","heading":"Reduced Paid-up","page":14,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-4-3-1"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"quote-verified","value":"A lapsed or paid-up policy may be revived during the revival period by paying arrears of premium with interest. The revival period is 5 years from the due date of the first unpaid due premium, subject to underwriting, and no revival is permitted after any claim has been paid.","display":"5 years from the due date of first unpaid due premium","note":null,"quote":"A policy in lapsed or paid-up conditions may be revived by the policyholder during the revival period by paying the arrears of premium along with interest at prevailing rate of interest. The revival period is 5 years from the due date of first unpaid due premium. ... No revival shall be permitted after any claim has been paid. ... The revival of the policy will be subject to Company’s board approved underwriting policy. On revival of a lapsed or paid-up Policy, the benefits under the Policy which prevailed before the date of lapse or paidup will be reinstated.","sources":[{"clause":"4.4","heading":"Policy Revival","page":16,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-4-4"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.7","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.10","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.28","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.39","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"policy_loan","label":"Policy loan","section":"Renewal and rights","meaning":"Whether you can borrow against the policy.","status":"quote-verified","value":"Loan is available up to 60% of applicable surrender value under the base plan if the policy has acquired a surrender value. The loan interest rate for FY 2026-27 is 8.75% p.a. compounded yearly, and outstanding loan and interest are recovered before payment of any benefit.","display":"Loan up to 60% of applicable Surrender Value; FY 2026-27 interest 8.75% p.a. compounded yearly","note":null,"quote":"Loan will be available under a Policy for up to 60% of the applicable Surrender Value under the Base Plan provided the Policy has acquired a Surrender Value. ... The rate of interest on loans for FY 2026-27 is 8.75% p.a. compounded yearly. ... Before payment of any Benefit (Death, Terminal Illness, Maturity, Surrender) for a Policy where the loan is availed of, the loan outstanding amount and the interest on loan outstanding will be recovered first and the balance, if any, will be paid to the Claimant/s.","sources":[{"clause":"4.5","heading":"Policy Loan","page":16,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-4-5"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"not-stated","value":null,"display":null,"note":"The CIS only states the rider opted is not applicable; it does not list riders available for purchase.","quote":null,"sources":[],"law":[]},{"key":"section45","label":"Claims after 3 years (Section 45)","section":"Claims","meaning":"After 3 years a life policy cannot be questioned on any ground, and only for fraud with proof before that.","status":"quote-verified","value":"No life insurance policy can be called in question on any ground after expiry of 3 years from the later of issuance, commencement of risk, revival, or policy date as stated. Within 3 years, it may be called in question for fraud, with written communication of the grounds and materials.","display":"Cannot be questioned after 3 years; within 3 years only on stated grounds such as fraud with written grounds and materials","note":"The appendix text prints “date of Policy to the Policy” in the cited clause.","quote":"Appendix D: Section 45, Policy shall not be called in question on the ground of mis-statement after three years Provisions regarding Policy not being called into question in terms of Section 45 of the Insurance Act, 1938, as amended from time to time are as follows:\n1. No Policy of Life Insurance shall be called in question on any ground whatsoever after expiry of 3 yrs from ... a) the date of issuance of Policy or ... b) the Date of Commencement of Risk or ... c) the date of revival of Policy or ... d) the date of Policy to the Policy whichever is later.\n2. On the ground of fraud, a Policy of Life Insurance may be called in question within 3 years from ... d) the date of Policy to the Policy whichever is later. For this, the insurer should communicate in writing to the insured or legal representative or Nominee or assignees of insured, as applicable, mentioning the ground and materials on which such decision is based.","sources":[{"clause":"15","heading":null,"page":38,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-15-2"},{"clause":"15(a)","heading":null,"page":39,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-15-a"},{"clause":"15(b)","heading":null,"page":39,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-15-b"},{"clause":"15(c)","heading":null,"page":39,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-15-c"},{"clause":"15(d)","heading":null,"page":39,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-15-d"},{"clause":"15(d)","heading":null,"page":39,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-15-d-2"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 45","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.6","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"tax_note","label":"Tax note in the document","section":"Premium","meaning":"What the document says about tax benefits. Not stated when it only says taxes are charged on the premium. Tax law changes; confirm separately.","status":"quote-verified","value":"Premiums paid under the base policy may be eligible for income tax exemptions, subject to applicable income tax laws and conditions; income tax benefits and policy benefits are subject to prevailing laws, amendments and interpretation, and the policyholder is recommended to consult a tax advisor.","display":"May be eligible for income tax exemptions, subject to applicable laws; consult a tax advisor","note":null,"quote":"Premiums paid under the Base Policy may be eligible for Income tax exemptions, subject to applicable Income tax laws and conditions. Income tax Benefits under this Policy and Policy Benefits, if opted for, shall be as per the prevailing Income Tax Laws and are subject to amendments and interpretation from time to time. The Policyholder is recommended to consult a tax advisor.","sources":[{"clause":"6.5","heading":"Tax Benefit","page":21,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-6-5"}],"law":[]},{"key":"free_look","label":"Free-look period","section":"Renewal and rights","meaning":"Days after you receive the policy in which you can return it for a refund if you do not agree with its terms.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days","note":null,"quote":"You are provided with Free Look Period of 30 days beginning from the date of receipt of Policy Document, whether received electronically or otherwise, to review the terms and conditions stipulated in the Policy Document.","sources":[{"clause":"4.1","heading":"Free look","page":14,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-4-1"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 5","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(1), 20(2)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, II.8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grace_period","label":"Grace period","section":"Renewal and rights","meaning":"Days you get after the due date to pay without losing cover or continuity.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days (15 days for monthly mode)","note":"15 days for monthly mode.","quote":"There is a Grace Period of 30 days (15 days for monthly mode) from the due date of first unpaid premium. The Policy shall remain In-force during the Grace Period.","sources":[{"clause":null,"heading":"3.2.5. Grace Period","page":13,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-3-2-5-grace-period"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 8","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 9","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 8","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.2","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 1.3","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"eligibility_entry_age","label":"Entry age","section":"Eligibility","meaning":"The youngest and oldest age at which you can buy this policy.","status":"quote-verified","value":"Minimum entry age is 18 years and maximum entry age is 60 years.","display":"18 years to 60 years","note":"From the sales brochure. All references to age are based on age last birthday.","quote":"Minimum Entry Age (in years) | 18\nMaximum Entry Age (in years) | 60","sources":[{"clause":null,"heading":"Eligibility Criteria","page":4,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9920#c-eligibility-criteria"}],"law":[]},{"key":"premium_modes","label":"Premium payment options","section":"Premium","meaning":"How often you can pay: yearly, half-yearly, quarterly, monthly.","status":"quote-verified","value":["yearly","half-yearly","quarterly","monthly"],"display":"yearly, half-yearly, quarterly or monthly","note":null,"quote":"The Policyholder can pay premium either in yearly, half-yearly, quarterly or monthly frequency.","sources":[{"clause":null,"heading":"3.2.4. Premium Payment Frequency","page":12,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-3-2-4-premium-payment-frequency"}],"law":[]},{"key":"premium_type","label":"Premium payment type","section":"Premium","meaning":"Single premium, regular premium (every year of the term) or limited premium (fewer years than the term).","status":"quote-verified","value":["Regular Pay","Limited Pay"],"display":"Regular Pay; Limited Pay","note":"From the sales brochure.","quote":"Premium Payment Term (in years) | Regular Pay | Limited Pay\n15 to 67 | 5,7,10, 15, 20","sources":[{"clause":null,"heading":"Eligibility Criteria","page":4,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9920#c-eligibility-criteria"}],"law":[]},{"key":"guaranteed_benefits","label":"Guaranteed benefits","section":"Cover","meaning":"What is guaranteed, in rupees or as a formula, regardless of the insurer's performance.","status":"quote-verified","value":"Guaranteed benefit formulas include 100% of the Insured Amount on death or terminal illness, return of total premiums paid at maturity if in force and no claim has been paid, and Guaranteed Surrender Value calculated as GSV Premium Factor multiplied by Total Premiums Paid after the GSV eligibility condition is met.","display":"100% of Insured Amount; maturity return of total premiums paid; GSV Premium Factor × Total Premiums Paid","note":null,"quote":"In the event of Death or diagnosis of Terminal Illness (whichever occurs first) of the Life Assured during the Policy Term, provided the Policy is In-force as on date of death prior to diagnosis of Terminal Illness or on the date of diagnosis of Terminal Illness, 100% of the Insured Amount shall be payable depending on the payout option chosen. ... At the end of the policy term, provided the policy is in-force as on the date of maturity, an amount equal to the total premiums paid (excluding any extra premium and taxes, if any) during the policy term shall be payable on survival of the Life Assured at the end of the policy term, provided no claim has been paid during the Policy Term. ... Guaranteed Surrender Value is calculated as below:\nGSV Premium Factor multiplied by Total Premiums Paid","sources":[{"clause":null,"heading":"3. Part C 3.1. Key Benefits","page":12,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-3-part-c-3-1-key-benefits"},{"clause":null,"heading":"3.1.1. Return of Premium (ROP)","page":12,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-3-1-1-return-of-premium-rop"},{"clause":null,"heading":"Guaranteed Surrender Value (GSV)","page":14,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-guaranteed-surrender-value-gsv"}],"law":[]},{"key":"bonus","label":"Bonus type","section":"Cover","meaning":"Participating plans share profits as bonuses; these are NOT guaranteed.","status":"quote-verified","value":"No bonus or surplus share is payable because non-participating policies are not entitled to any share in surplus or profits during the policy term.","display":"Non-participating; not entitled to any share in surplus (profits)","note":null,"quote":"“Non-Par/Non-Participating/ Non-Participating Policies\" means policies are not entitled for any share in surplus (profits) during the term of the Policy.","sources":[{"clause":null,"heading":"2. Part B 2.1. Definitions","page":9,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-2-part-b-2-1-definitions"}],"law":[]},{"key":"illustration_returns","label":"Illustrated returns","section":"Cover","meaning":"The benefit illustration at the IRDAI rates (4% and 8%); not a promise.","status":"not-stated","value":null,"display":null,"note":"The provided clauses do not state benefit illustration values at IRDAI 4% and 8% rates.","quote":null,"sources":[],"law":[]},{"key":"money_back","label":"Survival or money-back payouts","section":"Cover","meaning":"Instalments paid during the term.","status":"quote-verified","value":"The survival benefit stated is return of premiums at the end of the policy term: an amount equal to total premiums paid, excluding extra premium and taxes, if the policy is in force at maturity and no claim has been paid.","display":"Return of premiums at the end of the policy term, if in-force and no claim has been paid","note":null,"quote":"At the end of the policy term, provided the policy is in-force as on the date of maturity, an amount equal to the total premiums paid (excluding any extra premium and taxes, if any) during the policy term shall be payable on survival of the Life Assured at the end of the policy term, provided no claim has been paid during the Policy Term.","sources":[{"clause":null,"heading":"3.1.1. Return of Premium (ROP)","page":12,"url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918#c-3-1-1-return-of-premium-rop"}],"law":[]}],"documents":[{"kind":"wording","label":"121N154V01_INL Secure Shield Plan_Sample Policy Document","pages":40,"fetched_at":"2026-10-17 19:38:36+00","source_url":"https://www.indusindnipponlife.com/documents/34625/224934/Sample+Policy+Document_INL+Secure+Shield+Plan_121N154V01_June2026.pdf","url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9918"},{"kind":"cis","label":"121N154V01_INL_Secure Shield Plan_Sample CIS","pages":4,"fetched_at":"2026-10-17 19:38:37+00","source_url":"https://www.indusindnipponlife.com/documents/34625/224932/Sample+Customer+Information+Sheet_INL+Secure+Shield+Plan_121N154V01.pdf","url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9917"},{"kind":"brochure","label":"IndusInd Nippon Life Secure Shield Plan","pages":10,"fetched_at":"2026-10-17 19:38:33+00","source_url":"https://www.indusindnipponlife.com/documents/34625/224960/INL+Secure+Shield+Plan_Brochure_121N154V01.pdf","url":"https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01/document/9920"}],"versions":[],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"IndusInd Nippon Life Insurance official website","url":"https://www.indusindnipponlife.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claims","url":"https://www.indusindnipponlife.com/claims","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal","url":"https://www.indusindnipponlife.com/grievance-redressals","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"INL Secure Shield Plan (UIN 121N154V01), IndiaInsurances, https://indiainsurances.com/policy/indusind-nippon-life-insurance/inl-secure-shield-plan-121n154v01"}