Tata AIA Life Guaranteed Return Insurance Plan

Tata AIA Life Insurance Guaranteed Return Insurance Plan
(Individual, Non-Linked, Non-Participating, Life Insurance Savings Plan)

Product Overview

  • Individual, Non-Linked, Non-Participating, Life Insurance Savings Plan

    The dreams and goals you share with your family are undoubtedly some of the most precious, and cherished parts of life. To ensure those dreams become a reality, what you need is a good returns savings plan to rely on. With the guaranteed returns* that savings plans offer, you can scratch off all your major and minor life goals from your list, like taking a dream vacation, funding your children’s higher education, and buying your very own home.

    The Tata AIA Life Guaranteed Return Insurance Plan is a savings plan that allows you to save up all you need to meet the major milestones in your life, and turn your dreams into reality. With a guaranteed* income plan, you can benefit from life insurance coverage, and an element of savings to meet your life goals.

Key Features

  • Flexibility to choose Plan Option: Endowment, Regular Income or Whole Life Income
  • Receive Guaranteed benefits$ on Maturity or Death
  • Guaranteed Additions ^ that boost corpus year on year under Endowment Option
  • Flexibility to cover your spouse in same policy under Whole Life Income Option
  • Choice of Policy Term with limited Premium Payment Term
  • Enhance your protection with optional Riders^^
  • T & C apply*/T & C apply$T & C apply^

Disclaimers

  • *Guaranteed Annual Income (GAI) in the Regular Income option is a percentage of one Annualised Premium while in the Whole Life Income option is a percentage of the Total Premiums Paid
  • ^Guaranteed Addition (Endowment option) defined as a percentage of GMB shall accrue at a simple rate for each completed policy year, throughout the Policy Term and shall be payable on Maturity or Death whichever is earlier, subject to all due premiums being paid. GA shall accrue @ 5% of GMB.
  • $The benefits under the plan are Guaranteed and may be a % of the Annualised Premium or Total Premiums Paid based on the plan option selected. Please refer Brochure for more details.
  • >Buying a Life Insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the Surrender Value payable may be less than all the Premiums Paid.
  • This product is underwritten by Tata AIA Life Insurance Company Ltd. This plan is not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance.
  • Insurance cover is available under this product.
  • In case of non-standard lives and on submission of non-standard age proof, extra premiums will be charged as per our underwriting guidelines.
  • All Premiums, Charges, and interest payable under the policy are exclusive of applicable taxes, duties, surcharge, cesses or levies which will be entirely borne/ paid by the Policyholder, in addition to the payment of such Premium, charges or interest. Tata AIA Life shall have the right to claim, deduct, adjust and recover the amount of any applicable tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy.
  • ^^Tata AIA Life Insurance Non-Linked Comprehensive Protection Rider (UIN:110B033V03 or any other later version), Tata AIA Life Insurance Non-Linked Comprehensive Health Rider (UIN: 110B031V03 or any other later version) Tata AIA Vitality Protect, a non-linked, non-participating, individual health rider (UIN: 110B046V02) and Tata AIA Vitality Health, a non-linked, non-participating, individual health rider (UIN: 110B045V02) are available under this plan. Riders are not mandatory and are available for a nominal extra cost. For more details on benefits, premiums and exclusions under the Rider, please contact Tata AIA Life's Insurance Advisor/Intermediary/ branch
  • For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
  • Vitality is a trademark licensed to Tata AIA Life by Amplify Health Assets PTE. Limited, a joint venture between Vitality Group International, INC. and AIA Company Limited.
  • The assessment under the wellness program shall not be considered as a medical advice or a substitute to a consultation/treatment by a professional medical practitioner.
  • L&C/Advt/2024/Dec/3770
  • City Union Bank is Registered with Insurance Regulatory and Development Authority of India bearing Registration Number CA0023isthe corporate agent/intermediary of Tata AIA Life Insurance Company Limited and does not underwrite the risk or act as an insurer. Registered Address: 149 , TSR Big Street , Kumbakonam612001. Participation by the clients of City Union Bank in the insurance product is purely on voluntary basis. The Contract of Insurance is between Tata AIA Life Insurance and the insured and not between City Union Bank and the insured.

  • Tata AIA Life Insurance Company Limited (IRDAI Regn. No.110 • CIN: U66010MH2000PLC128403). Registered & Corporate Office: 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai - 400013. Trade logo displayed above belongs to Tata Sons Ltd and AIA Group Ltd. and is used by Tata AIA Life Insurance Ltd under a license. For any information including cancellation, claims and complaints, please contact our Insurance Advisor/ Intermediary or visit Tata AIA Life’s nearest branch office or call 1-860-266-9966 (local charges apply) or write to us at customercare@tataaia.com. Visit us at: www.tataaia.com. (UIN:110N152V13)

  • BEWARE OF SPURIOUS PHONE CALLS & FICTITIOUS / FRAUDULENT OFFERS

  • IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint


Last Updated on: 10-12-2024 04:45:13 PM

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