Tata AIA Investment Plans

Tata AIA Life Insurance Money Back Plus

This is a non-linked, participating endowment assurance plan.

Product Benefits

• Survival payouts of up to 130% of Sum.
• Life cover.
• Additional protection for accidental death.
• Limited premium payment.
• Higher savings.
• Lump sum maturity.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Kumar, 35 years, chooses the policy term of 16 years and PPT of 8 years. The basic sum assured is Rs. 5 lacs with an annual premium of Rs. 59,110. On maturity, he will get Rs. 8,53,482 including survival benefit, compound reversionary bonus, and terminal bonus.

Tata AIA Life InsuranceSmart 7

This is a non-linked participating endowment assurance plan.

Product Benefits

• Limited premium payment of 7 years.
• Compounding annual bonus.
• Maturity lump sum.
• Life protection.
• Additional bonus.
• Enhanced protection rider.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Jalan, 25 years, opts for this plan. His basic sum assured is Rs. 10 lacs and annual premium is Rs. 1,52,260. The maturity benefit he will get is Rs. 16,27,915 including compound reversionary bonus and terminal bonus.

Tata AIA Life Insurance Smart Growth Plus

This is a non-linked, participating endowment assurance plan.

Product Benefits

• Option 1 (Endowment Plan) and option 2 (Endowment plan with ADB).
• Guaranteed additions of 5.5% p.a.
• Policy term flexibility.
• Accidental death benefit (ADB).
• Growth of corpus.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Tendulkar, 25 years, took Option 1 with basic sum assured of Rs. 5 lacs and annual premium of Rs. 31,185. His total maturity benefit including guaranteed additions, compound reversionary bonus, and terminal bonus would be Rs. 17,08,151.

Tata AIA Life Insurance MahaLife Gold Plus

This is a participating whole life plan.

Product Benefits

• Guaranteed annual coupons from 10th to 30th policy anniversary.
• Non-guaranteed cash dividends annually from 6th policy anniversary till maturity.
• Maturity benefit.
• Death benefit.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Sharma, age 25, opted for this plan with a basic sum assured of Rs. 5 lacs and an annual premium Rs. 67,180. His maturity benefit including total guaranteed annual coupons, non-guaranteed cash dividends would be Rs. 32.8 lacs.

Tata AIA Life Insurance MahaLife Gold

This is a participating whole of life plan up to age 85.

Product Benefits

• Guaranteed annual coupons 10th policy anniversary till maturity.
• Non-guaranteed cash dividends from 6th policy anniversary till maturity.
• Maturity benefit.
• Death benefit.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Verma, age 25, opted for this plan with a basic sum assured of Rs. 5 lacs and annual premium Rs. 68,350. His maturity benefit including total guaranteed annual coupons, non-guaranteed cash dividends would be Rs. 32.22 lacs.

Tata AIA Life Insurance MahaLife Magic

This is a non-linked participating endowment assurance plan.

Product Benefits

• Maturity benefit.
• Death benefit.
• Additional cover benefit.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Pradhan, 25 years, opted for this plan with a basic sum assured of Rs. 10 lacs and annual premium of Rs. 1,22,070. His total benefits including maturity benefit, compound reversionary bonus, and terminal bonus would be Rs. 22,82,271.

Tata AIA Life Insurance Money Maxima

This is a non-linked participating endowment assurance plan.

Product Benefits

• Guaranteed loyalty additions.
• Maturity benefit.
• Death benefit.
• Tax benefit.

Eligibility Details

How Plan works

Mr. Anand, age 25, opted for this plan with basic sum assured of Rs. 5 lacs, term 25 years and annual premium Rs. 30,000. His total benefit including guaranteed additions, simple reversionary bonus, terminal bonus and maturity benefit would be Rs. 17,50,500.

Tata AIA Life Insurance Diamond Savings Plan

This is a non-linked participating life insurance plan.

Product Benefits

• Guaranteed income post PPT.
• Vested compound reversionary bonus and terminal bonus.
• Flexibility in PPT.
• Life cover.
• Enhanced protection with riders.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Jaiswal, age 25, wants to have a secondary source of income to support his family. He opts for this plan with a policy term of 25 years, PPT of 12 years and annual premium of Rs. 1 lac. On maturity he will get Rs. 24,24,451 including last income instalment, compound reversionary bonus and terminal bonus.

Tata AIA Life Insurance Gold Income Plan

This is a non-linked, non-participating endowment assurance plan.

Product Benefits

• Guaranteed maturity benefit.
• Guaranteed income.
• Increasing income.
• Premium payment flexibility.
• Enhanced protection.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Manjrekar opts for this plan with a policy term of 12 years and an annual premium of Rs. 1 lac. The total benefit amount including guaranteed maturity benefit, guaranteed income, and income booster would be Rs. 9.3 lacs.

Tata AIA Life Insurance Smart Income Plus

This is a non-linked, non-participating endowment assurance plan.

Product Benefits

• Income flexibility.
• Guaranteed payouts from 120% to 160% of Annualised Premium.
• Premium payment flexibility.
• Enhanced protection.
• Additional benefit for women.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Kapoor, age 35, wants guaranteed income and opts for this plan with a policy term of 21 years. The annual premium is Rs. 1 lac. The total benefit on maturity will be Rs. 17.55 lacs including guaranteed payouts, guaranteed maturity payout, and large premium boost.

Tata AIA Life Insurance Monthly Insurance Plan(MIP)

This is a non-linked participating endowment assurance plan

Product Benefits

• Savings.
• Protection for your family.
• Liquidity.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Sethia, age 35, wants to create a higher education corpus for his 5-year old daughter. He opts for a 20 year term with a monthly premium Rs. 5000. On maturity he will get Rs. 8,44,872 with a guaranteed sum assured on maturity, accrued guaranteed yearly additions, vested compound reversionary bonuses, and terminal bonus.

Tata AIA Life Insurance Secure 7

This is a non-linked, non-participating endowment assurance plan.

Product Benefits

• Limited premium.
• Protection.
• Enhanced cover.
• Maturity benefit.
• Tax benefit.

Eligibility Details

How Plan works

Mr. Nayar, age 35, opts for this plan with basic sum assured of Rs. 5 lacs and an annual premium of Rs. 48,260. He will get a total guaranteed income of Rs. 3.38 lacs and a maturity benefit of Rs. 1.25 lacs.

Tata AIA Life Insurance MahaLife Supreme

This is a non-linked, non-participating endowment assurance plan.

Product Benefits

• Limited premiums.
• Option A and Option B depending on income required.
• Guaranteed annual income.
• Maturity benefit.
• Enhanced protection.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Bedi, 35 years, opts for this plan with annual premium of Rs. 50,000 and basic sum assured of Rs. 5 lacs. He will get a guaranteed annual income of Rs. 52,000 and a maturity benefit Rs. 6,82,500.

Tata AIA Life Insurance Fortune Guarantee

This is a non-linked, non-participating endowment insurance plan

Product Benefits

• Guaranteed maturity benefit
• Life cover
• Flexibility
• Higher benefit for women
• Enhanced protection
• Tax benefits

Eligibility Details

How Plan works

Mr. Khaitan, age 35, opts for this plan with a sum assured of Rs. 10 lacs and annual premium of Rs. 1 lac. On maturity, he will get Rs. 10.05 lacs.

Tata AIA Life Insurance Insta Wealth Plan

This is a non-linked, non-participating endowment assurance plan

Product Benefits

• No medical test.
• Flexibility.
• Guaranteed additions.
• Compound bonus and terminal bonus.
• Guaranteed cover.
• Tax benefits.

Eligibility Details

How Plan works

Mr. Singh, 35 years, opts for this plan with annual premium of Rs. 36,205 and basic sum assured of Rs. 5 lacs. He will get a maturity benefit Rs. 9,75,268