Non Linked Participating Life Insurance Plan
Every individual has different needs at different stages of life. At Tata AIA Life, we believe in protecting your dreams at various stages of life without compromising on your needs through financial resources. You do not have to think twice to live your dreams.
We present to you, Tata AIA Life Insurance Diamond Savings Plan, a limited pay insurance plan that meets tomorrow's requirements along with protecting your loved ones. Investing in this plan will help you fulfill your medium and long term goals, such as child’s education / second income and retirement planning.
|Min Entry Age ( Age as on last birthday)||0 Years|
|Max Entry Age ( Age as on last birthday)||50 Years|
|Min/ Max Maturity Age ( Age as on last birthday)||Min: 18 years
Max: 75 years
|Policy Term (PT) / Premium Payment Term (PPT)/ Income Term||
|Premium Mode||Yearly | Half Yearly |Quarterly | Monthly
Modal loading is as follows:
Annual: Multiply Annual Premium Rate by 1 (i.e. No loading).
Half- Yearly: Multiply Annual Premium Rate by 0.51 (i.e. loading of 2%).
Quarterly: Multiply Annual Premium Rate by 0.26 (i.e. loading of 4%).
Monthly: Multiply Annual Premium Rate by 0.0883 (i.e. loading of 6%).
|Min Premium (Annualised Premium)||Rs. 18,000 (in multiples of 1000)|
|Max Annualised Premium||No Limit, subject to underwriting|
|Starting Point||Premium is the starting point|
|Sum Assured Provisions:|
|Min /Max Basic Sum Assured (BSA)||Depends on Min/Max premium
11 times the Annualised Premium
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 Company 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 email@example.com. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888.
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