A Non-Linked, Non-Participating, Endowment Assurance Plan
Tata AIA Life Insurance Smart Income Plus, a limited pay income plan that meets tomorrow's requirements along with protecting your loved ones and dreams as it ensures you of guaranteed returns1 for the money invested.
Investment in this plan helps you fulfill your medium to long term goals such as Child’s Education/ Marriage / Business Start-up and Retirement planning.
|Plan Options||Option I: Regular Income
Option II: Endowment
The options can be chosen at the inception of the Policy
|Age at Entry (years)4||3||50|
|Age at Maturity (years)4||18||For PT 15: 65
For PT 21: 71
For PT 25: 75
|Policy Term (PT) (years)||15 /21 / 25|
|Premium Payment Term (PPT) (years)||7 for PT 15 / 10 for PT 21 /12 for PT 25|
|Basic Sum Assured||11 times Annualised Premium|
(Premium in multiples of 1000)
|For Option I: 18,000
For Option II: 36,000
|No Limit subject to Board approved underwriting policy|
|Premium Payment Mode||Annual/ Half-yearly / Quarterly/ Monthly|
4All reference to age is as on last birthday.
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.
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 firstname.lastname@example.org. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888.
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