Policy Term. 4. Tata AIA Life Insurance offers three retirement plans including: Tata AIA Life Insurance Guaranteed Monthly Income Plan: TATA AIA Life Insurance Guaranteed Monthly Income Plan offers guaranteed monthly income up to 288 months, life insurance coverage, increased monthly income, enhanced protection through add-on riders. Tata AIA Life Insurance POS Smart Income Plus. It is payable in arrears for 10, 16 and 24 years for a policy term of 5, 8 and 12 years respectively, starting from the end of 1st month after the end of Policy Term. 105% of all the Premiums Paid (excluding the underwriting extra premiums and modal loading), as on the date of death. Tata AIA Life Insurance SampoornaRaksha. Life insurance is crucial for your family’s well-being. Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons and AIA Group Limited (AIA). Tata AIA Life Insurance Gold Income Plan, a limited pay income plan that meets tomorrow's requirements along with protecting your loved ones. Choice to receive Income – Monthly/Annually. Tata AIA Fortune Guarantee Plan. Regular Income with an inbuilt Critical Illness benefit. Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. TATA AIA Guaranteed Monthly Income Plan This plan, as the name suggests, ensures that the retiree gets a regular sum of income uniformly so that they can spend a quality life post retirement. Group Plans. Tata AIA Life Insurance Guaranteed Monthly Income Plan. 2.4 Surrender Benefits. 26,823 (including service tax) per year for 15 years. Tata AIA Sampoorna Raksha Plan gives you an option of receiving enhanced death benefit with monthly income for ten years. This plan also offers a life cover to help protect your loved ones. In case of commutation for a monthly income frequency policy, the commuted value will be post deduction of the monthly income payouts already made for the existing Income Year. Limited Premium Endowment Plan that provides Guaranteed Yearly Income. While investing in monthly income scheme or MIS, individuals are required to choose between two types of investments- 1. Tax benefits are as per Income Tax Act, 1961, and are subject to modifications made thereto from time to time. We have discussed the benefits of this plan below. If Harish had acquired the same plan offline through an insurance agent or bank, he would have gotten INR 37,090 per month as income/pension, for a total of INR 4,45,080 per year. Higher payout amount is because of lower payout period is 10 years less. Tata AIA Life’s Guaranteed Monthly Income Plan, provides financial protection for your family and a monthly income that meets tomorrow's requirements, thus helping you plan ahead towards your future needs and protection for your loved ones. 35 years or 30 years. Tata AIA Fortune Guarantee Plan, Policy, Premium and Maturity Calculator - At every stage of your life, you decide on a milestone to achieve. 2.5 Reduced Paid-up. Highlights of Tata AIA Life Insurance Guaranteed Monthly Income Plan. Plan Type. Tata AIA Life Insurance Saral Pension Plan. The premium duration is decided on the basis of age of the life insured, term of the policy, and chosen sum assured. Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons and AIA Group Limited (AIA). The company says the non-linked, non-participating life insurance plan offers guaranteed tax-free monthly income for a duration of 24 years from the date of expiry of the premium payment/policy term. Tata AIA Life Insurance Insurance Freedom. Tata AIA Life Insurance Co. Ltd. has launched Tata AIA Life Insurance Smart Annuity Plan. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Tata AIA Life Insurance Company Limited (Tata AIA) is a joint venture between India’s eminent business conglomerate Tata Sons Ltd. and the largest independent publicly listed pan-Asian life insurance provider across the world, the AIA Group Ltd. Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Premiums as low as Rs.17/day for sum assured of Rs.1 crore*. The plan consists of Life Stage Plus option through which you can increase your cover during future milestone events. A term insurance calculator is a specifically designed tool that helps to calculate Read more approximate monthly premium one ned to pay towards the policy. Tata AIA Smart Income Plus Plan, Policy, Premium and Maturity Calculator - We, at Tata AIA Life, believe in protecting your dreams at various stages of life without compromising on your basic needs through financial resources. Click here to check product brochure. You have an option to pay the premiums for the entire policy term or can opt for a limited term of 5 or 10 years. Reduce taxable income by up to Rs. The Tata AIA Child Plan is a sure way to give your children the financial security they deserve for any dream or aspirations they hold. Harish purchased this plan online after he compared it with other plans, and he’ll get a monthly pension or income of INR 38,340, totaling INR 4,60,080 per year. Tata AIA Sampoorna Raksha + Plan provides life cover for a period of 10 to 30 years or up to the age of 80 years. Non Linked Non Participating Term Insurance Plan with Return of Premiums on Maturity UIN: 110N130V02. {140 percent - (0.1 percent * entry age)} * basic assured sum for Option 1. Grace period: Policyholders are provided with a grace period of 15 days in case of monthly premium payment frequency, and 30 days for other premium payment mode starting from the due date of premium payment. About Tata AIA Life Insurance Smart Income Plus. This is the best policy to manage your child’s financial needs if you face any uncertainity in your income also. The Tata AIA Life Sampoorna Raksha plan is a pure term insurance plan that secures the financial future of one’s family in the event of an untimely death.The plan offers flexibility in terms of the payment of policy proceeds. Tata AIA Life Insurance Smart Income Plus: This plan is a non-linked, non-participating, endowment assurance plan that provides the policyholder with the option of choosing between a regular income plan or an endowment plan. You do not have to think twice to live your dreams as they now come with guaranteed payouts*. Basic Sum Assured increases by a simple rate of 5% per annum up to the time of death, subject to maximum of 200% of Basic Sum Assured. Tata AIA Life Insurance Good Kid. To ensure his family is protected from financial crisis, he opts for Tata AIA Life Insurance Sampoorna Raksha Plan for a policy term of 40 years and premium payment term of 10 years. 5 based on the … Savings. No. Premiums are lower for females and non-smokers. The Tata AIA Retirement Plans along with a number of other segment plans are provided by the company, which you can enquire about. Tata AIA MahaLife Gold Policy Details. The plan gives you an option to enhance your life cover by adding riders to it. The premium changes with age and factors such as lifestyle and gender. Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons and AIA Group Limited (AIA). Plan Basis. The term insurance premium calculator is simple to use and extremely helpful when you are planning to buy a term insurance plan. From providing for your family to buying a home or a car, good planning ensures lifetime financial security for your family, even in case of an unfortunate event of the death of an earning member of your family. A Non-linked Non-participating Endowment Insurance Plan. Tata AIA Life Insurance Diamond Savings Plan. The non-linked, non-participating life insurance plan offers guaranteed tax-free monthly income for a duration of 24 years from the date of expiry of the premium payment/policy term Tata AIA Life Insurance has launched its Guaranteed Monthly Income Plan. Tata AIA Life Insurance Diamond Savings Plan. Fortune Guarantee Plus is a savings plan by TATA AIA that enables you to face different life challenges with a regular income. With the Tata AIA Guaranteed Return Insurance Plan, you can get a protection cover for you and your loved ones. The payment mode for this Tata AIA saving insurance plan is done on monthly, half-yearly or annual basis. Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons and AIA Group Limited (AIA). Tata AIA Life Insurance … Tata AIA Life Insurance Sampoorna Raksha Plus Benefits. Key highlights of Tata AIA Life Insurance Gold Income Plan are: Pay for a limited period -5/12 years for a policy term of 12/15 years. About Tata AIA Life Sampoorna Raksha plan. Feature. TATA AIA Life Insurance Smart Income Plus Plan is a traditional, non-participating Endowment Insurance Plan which provides the twin option of regular income payouts or a lump sum benefit. Riders. IndusInd Bank along with Tata AIA Life Insurance offer a wide range of life insurance policies. Tata AIA’s Life Insurance MahaLife Gold policy comes with Accident Benefit Rider, on paying extra sum assured. They can be something as simple as planning a family vacation, organizing funds for a child's education, renovation of the house, to name a few. Life insurance cover is also provided under the plan. The plan offers monthly income at 8.35% to 13.03% per annum of total premiums paid. Tata AIA Life Insurance Guaranteed Monthly Income Plan. It offers Guaranteed Lump Sum benefit on Maturity & also gives Guaranteed Income during the income term that increases every year. Growth Option: This is a preferred option for investors who seek capital increase instead of returns through dividends. Disclaimer of Tata AIA Life Insurance Smart Income Plus *Guaranteed Returns are defined as Guaranteed Payout (GP)/ Guaranteed Maturity Payout (GMP) under both Plan Options. Under the first option the policyholder chooses to receive a regular income, while in the second a lump sum endowment benefit is opted for. The large premium boost feature lets you increase your monthly income. Flexibility to choose plan option Receive Cash Bonus* or Accumulate cash bonuses*, if declared payable at maturity. *Guaranteed Income of 20% or 25% of Assured Benefit shall be paid annually commencing from the end of policy year 9 or 13, for premium payment term 8 or 12 respectively and shall be payable till maturity of the Policy or till death, whichever is earlier. Tata AIA Life Insurance Value Income Plan. Tata AIA Life Gyan Kosh is a unit linked insurance plan which is designed to work as a child savings plan. Tata AIA Pension Plans / Retirement Plans – Conclusion. Tata AIA Life Insurance Smart Income Plus: 15, 21 and 25 years: 3-50 years: 18-65 years (for 15 years policy term) 18-71 years (for 21 years policy term) 18-75 years (for 25 years policy term) 11 times the annualised premium: Tata AIA Life Insurance Monthly Insurance Plan (MIP) 15-20 years: 30 days-50 years: 18-70 years: Rs. Tata AIA Life Insurance Super Achiever. Key Features of TATA AIA Life Insurance MahaLife Supreme. It is important to take adequate term insurance to protect your family and avoid any monthly income gimmick in your absence. From 61 to 85. Ltd. and AIA Group Ltd.It's one of the rapidly-growing companies in the life insurance sector and is ranked at no. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Tata AIA Life Insurance Guaranteed Monthly Income Plan. Being Annuity plan, returns are taxed in the hands of individual. Scenario I: Anurag Opts for Plan Option 2 - Basic Sum Assured payable on Death & Monthly Income … Retirement Plans. Premium calculators make this research process easy and help customers with their purchase decision. Tax exemption for premium paid under Section 80C of the Income Tax act, 1961 for individual group members. 6. Tata AIA Micro Insurance Plans A saving cum Endowment Micro Insurance Plan with return of a pre-specified percentage of Total Premiums Paid at maturity. Get Guaranteed Maturity Benefit* at the end of policy term. *By submitting my personal details on this portal, I hereby authorise Tata Mutual Fund, Tata Asset Management Limited and/or its authorized service provider(s)to communicate Mutual Fund scheme related matters/documents and other information related to the investment products either through call, SMS, email, whatsApp or such other means overriding any NDNC registration. Get return of premium at the end of Income Period. Tata AIA Life Insurance Value Income Plan, a limited pay income plan offers guaranteed returns on the money invested. Guaranteed maturity benefit on the survival of policy term. Premium calculators make this research process easy and help customers with their purchase decision. Tata AIA Life Insurance has launched its Guaranteed Monthly Income Plan. Benefits of TATA AIA Sampoorna Raksha+. The plan ensures you of guaranteed returns for the money invested and offers you guaranteed lump sum benefit on maturity and guaranteed income during the income term that increases every year. Option 4 - Enhanced Sum Assured as Lump Sum benefit on Death & Monthly Income for next 10 years. Tata AIA Life Insurance Group Loan Protect. Easy to understand with the policy term of 10 yrs & premium paying term of 5 yrs. Tata aia traditional plan is good in services. Disclaimer of Guaranteed Monthly Income Plan. Tata AIA Sampoorna Raksha+ Plan, Policy, Premium and Maturity Calculator - We do our best to take care of all our family’s needs and try our best to ensure financial security of our family from uncertainties of life. Unlike some other annuity plans, the entry age of Tata AIA Life Insurance Smart Annuity Plan has been kept at a minimum of 45 years. 2.2 Survival Benefits. Tata AIA Fortune Guarantee Plan. They come in forms like renovation of your house, an overdue vacation, marriage, child birth, child’s education or securing the golden years; the list is endless and increases with time. Health Solutions. All of us set some personal goals that we strive to achieve. Feature of Tata AIA Life Insurance Fortune Guarantee Plus. Tata AIA Life Insurance Smart Annuity Plan. Tata AIA Life Insurance Group Loan Protect. opts for Tata AIA Life Insurance Sampoorna Raksha Plan for a policy term of 40 and premium payment term of 10 years. 1 Guaranteed Monthly Income is a percentage of Total Premiums Paid, depending on the age at entry and the chosen Policy Term. Hope you like the video! Tata AIA Life Insurance Smart Annuity Plan. Convenient payment options - annual, half-yearly, quarterly or monthly premium payments. The following are the key benefits offered under TATA AIA Sampoorna Raksha+ plan: Death Benefit: Lump-sum Death Benefit Assured: The entire Death Sum Assured is paid to the beneficiary or the nominee for the death of the Insured during the policy term, provided the TATA AIA Sampoorna Raksha+ Policy status is The policy automatically terminates after … Retirement Solutions. This looks highest than earlier plans. The term insurance premium calculator is simple to use and extremely helpful when you are planning to buy a term insurance plan. Tata AIA Life Insurance Saral Pension Plan. Retirement Plans. The Tata AIA Life Guaranteed Monthly Income plan is a non-linked, non-participating life insurance plan. 2.6 Loan Against Policy. Tata AIA Life Insurance Sampoorna Raksha provides an option to receive either a Lump Sum benefit on Death or Lump Sum benefit on Death with Monthly Income for next 10 years while also enjoying the flexibility to enhance your life cover. Photo ID proof (Adhaar Card, Pan Card, Passport, Driver’s License etc.) 3 Tata AIA Smart Income Plus Plan Eligibility Criteria. Tata AIA Life Insurance Maha Raksha Supreme is a non-linked, non-participating, pure term Insurance plan that provides a wide range of choices to satisfy your family’s specific financial needs. Tata AIA Term Insurance Premium Calculator. Customers can use these calculators effectively to find the … 2) Short Term Income This variant of Max Life Smart Wealth Plan offers to pay guaranteed 'income benefit' at the end of the period (monthly, quarterly, half yearly or annually) as per the frequency chosen, for the pay-out Period as per the sub-variant selected by you, post completion of the Policy Term. ... Second Income, Child Future needs: Tata AIA Life Insurance Company Ltd. (IRDA of India Regn. 2.3 Maturity Benefits. This annuity plan offers guaranteed lifetime income at competitive rates to help manage expenses post-retirement. In this video you will learn about the Guaranteed Income Plan by TATA AIA. With this plan from Tata AIA Life, individuals can also enjoy different benefits that are … Features: Flexibility to choose between Regular Income or Endowment options 1Receive Guaranteed Payouts from 120% to 160% of the Annualised Premium under Regular Income … For Regular Income option, GP is 120% to 160% of the Annualised Premium (AP) and GMP is 46% to 405% of AP for male lives and 74% to 408% of AP for female lives. The plan provides life insurance cover throughout the policy term for the financial security of your family and a monthly income that meets tomorrow’s requirements, thus helping you plan ahead to fulfil your future goals. Tata Equity Savings Fund. Enjoy the benefits of life insurance coupled with elements of savings to fulfil your life goals. Get more details about Tata AIA Super Achiever Plan and Tata AIA Good Kid Plan here with features and eligibility details. The policy coverage is good ~87% and the premiums are low. Tata AIA Life Insurance’s ‘Tata AIA Life Insurance Freedom’ is a non linked, participating, endowment plan which assures the users a retirement period that involves no worries about finances. This plan pays you a monthly plan for double the term of the policy and also applies occasional premium boosts so as to enhance your return. 1 Tata AIA Smart Income Plus Plan Key Features. 15,000 each year, till age 100. Financial planning is the key to fulfilling your dreams and aspirations. Trade Logo displayed above belongs to TATA Sons and AIA and used by TATA LIFE INSURANCE COMPANY LIMITED as per terms and conditions of license Agreement. It is payable in arrears for 10, 16 and 24 years for a policy term of 5, 8 and 12 years respectively, starting from the end of 1st month after the end of Policy Term. You can surrender the policy at any point during the policy term. Tata AIA Life Insurance Smart Annuity Plan. Tata AIA Life Insurance Guaranteed Monthly Income Plan. The following are the key benefits offered under TATA AIA Sampoorna Raksha+ plan: Death Benefit: Lump-sum Death Benefit Assured: The entire Death Sum Assured is paid to the beneficiary or the nominee for the death of the Insured during the policy term, provided the TATA AIA Sampoorna Raksha+ Policy status is The policy automatically terminates after … The Tata AIA Pension Plan as provided by the company is an offline plan, and so, in order to avail for it, one needs to visit the intermediaries. Flexibility to choose Plan Option. Individuals can also choose to pay the premium from different modes of annual, half-yearly, quarterly and monthly. 3,00,000: the annual premium works out to Rs. Choose guaranteed income (starting at 12% of basic sum assured) for 10 or 15 years. Tata AIA Life Insurance Monthly Insurance Plan(MIP) This is a non-linked participating endowment assurance plan. Group Plans. Claiming process is easy due to fast service provided by the executives and the staff members. Almost all the companies in the market offer premium calculators and Tata AIA is no exception. Proof of Income (Salary slips, Income tax returns, Employer certificate, Bank statement) Tata AIA Life Insurance Good Kid. Maturity Benefits. Introducing, Tata AIA Life Insurance Fortune Pro, a Non-Participating Unit Linked Endowment Insurance plan that makes your money grow steadily over time and also provides protection to your loved ones.

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