A Non-Participating Unit Linked Whole of Life plan
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
You have always aspired for the best in life. So should be your financial planning to provide you with the best. Tata AIA Life ensures that it offers you superlative investment avenues for all time to come. Presenting, Tata AIA Life Insurance Wealth Maxima, a Non-Participating Unit Linked Whole of Life plan that maximizes your long term financial security.
Investment in this plan can help you fulfill your medium to long term goals such as children's education, retirement planning and creating legacy for future generations.
This plan allows you to tap into force multipliers of the market to create a lasting legacy for your loved ones. So like other successes in your life enjoy another successful venture with Tata AIA Life Insurance Wealth Maxima.
|Minimum Issue Age (Age last birthday)||0 years (30 days)|
|Maximum Issue Age (Age last birthday)||60 years|
|Maximum Maturity Age||100 years|
|Policy Term||100 minus Issue age|
|Premium Paying Term||Single Pay
Limited Pay – 7/8/9/10/15 and 20 years
|Pay Mode||Single, Annual, Semi-Annual, Quarterly, Monthly|
|Minimum Premium1||Single Pay – Rs. 5,00,000
Limited Pay – Rs. 2,50,000 per annum
|Maximum Premium1||No Limit|
|Minimum/Maximum Basic Sum Assured2||For Single Pay –
1.25 times the Single Premium
For Limited Pay –
Higher of (10* AP) OR (0.5*Policy Term * AP) AP is Annualised Premium selected by the policyholder at the inception of the policy, excluding applicable taxes, cesses and levies or any other extra premium. (For the purpose of Basic Sum Assured, Policy Term = 70 minus Issue age)
1 Increase or decrease in Premium is not allowed under this plan. If Premium is the starting point, Premium should be chosen to be a multiple of Rs.1000.
2 Increase or decrease in Basic Sum Assured is not allowed under this plan. If Basic Sum Assured is the starting point, Basic Sum Assured should be next higher multiple of Rs.1000.
INDUSIND Bank Limited (1749817) is the Corporate Agent of Tata AIA Life Insurance Company Limited and does not underwrite the risk or act as an insurer. INDUSIND Bank Limited, 2401, Gen. Thimmayya Rd., (Cantonment), Pune - 411001. Participation by the Bank’s clients in the insurance products is purely on a voluntary basis. The contract of insurance is between Tata AIA Life and the insured and not between the bank and the insured.
Beware of Spurious Phone calls and Fictitious/Fraudulent offers:
IRDAI clarifies to public that
Average rating based on 673 ratings
0 out of 1 (0%) reviewers recommend this product
Review by Madhu, Mar | 2016
In my experience please do not go for TATA insurance they ever never serve you They will speak but wont keep their promise Beware of TATA AIA