Tata AIA Life Insurance Smart Value Income Plan

Tata AIA Life Insurance Smart Value Income Plan
(Individual, Non-Linked, Participating Life Insurance Savings Plan)

Product Overview

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

    A smart savings plan that adds value to your life goals!

    Fulfilling your obligations and dreams can be easier when you enjoy long-term security and stability throughout your life. At every stage of life, you should have the satisfaction of meeting your goals without having to worry about a financial support system!

    Knowing what important role finances play in securing your life, we bring to you the Tata AIA Life Insurance Smart Value Income Plan (110N162V02), a long-term and systematic savings plan that protects every stage of your life with flexible plans options that you can choose from, staying true to our #RakshakaranKiReet!

Key Features

  • Savings Plan Option
  • Choice of Cash Bonus Payout*
  • Sub-Wallet1
  • Withdrawal from Wallet
  • Survival Benefit
  • Whole Life Cover
  • Rider Benefit$$
  • Life Protect**
  • Tax benefit^^

Disclaimer

  • ^^Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.
  • $$Rider is not mandatory and is available for a nominal extra cost. Rider available with SVIP, Tata AIA Life Insurance Non-Linked Comprehensive Protection Rider (UIN:110B033V03) and Tata AIA Life Insurance Non-Linked Comprehensive Health Rider (UIN: 110B031V03) For more details on benefits, premiums, and exclusions under the Rider, please contact Tata AIA Life's Insurance Advisor/ branch.
  • *The word Guaranteed, and Guarantee means the annuity pay-out is fixed at inception of the policy and will be payable for whole of life or till death of the Annuitant(s).
  • *Tata AIA Life Insurance Smart Value Income Plan provides a Cash Bonus or Accumulated cash bonuses, if declared and along with Guaranteed Maturity Benefit
  • **A monthly mortality charge will be levied. Please refer Terms and Conditions for details Policy Document/Product brochure should be read along with Benet Illustration for further details.
  • 1Only available with cash bonus option.
  • 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 the 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
  • Risk cover commences along with policy commencement for all lives, including minor lives
  • For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
  • L&C/Advt/2024/Jul/1991
  • 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:110N162V02)

  • 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: 14-08-2024 07:59:18 PM

Apply Now







yVbTU


Bank on CUB

A distinct bank
for all your needs.
Anywhere... Anytime...

About Us
Policy And Regulatory Disclosure
Complaints and Grievances
Media Relations
Investor Relations
Auction Sale
More Important Links
ATM Card / Net Banking / Mobile Banking PIN Reset
Secured Assets possessed under the SARFAESI Act, 2002

© 2024 City Union Bank    All Rights Reserved.