Tata AIA Smart Income Plus
Tata AIA Smart Income Plus is a long-term life insurance savings plan which helps with regular and consistent savings. You can grow wealth, achieve financial goals, and protect your family with adequate life insurance coverage with two plan options.
Get guaranteed* returns in the form of income or lumpsum as per the plan option chosen.
Get Life cover throughout the policy term.
Save tax# as per applicable tax laws.
Key Features
More Guarantee
Get Guaranteed* tax-free# income for yourself or your loved ones
More Flexibility
- Lumpsum Income | Regular Income
- Flexible Payment Options Annually/Half Yearly/ Quarterly/Monthly
Pay higher premium and get additional maturity benefit
Preferential Rates
For female policyholders
Add-on security (Riders)^
- Accidental death/disability
- Critical illness
- Hospitalization Benefit
Why you need this Plan ?
Benefits of the Plan
1
Choice of Plan
You can choose a plan option that will pay out either a guaranteed* regular income or a lumpsum pay-out on policy maturity.
You can choose a plan option that will pay out either a guaranteed* regular income or a lumpsum pay-out on policy maturity.
2
Guaranteed Payouts
Under the Regular Income option, you can receive a guaranteed* pay-out from the end of Policy year as per the chosen income start year and shall be payable till Maturity along with a lumpsum at maturity. Under Endowment option, receive a guaranteed lumpsum at the end of the policy year preceding the year of maturity and a lumpsum at maturity
Under the Regular Income option, you can receive a guaranteed* pay-out from the end of Policy year as per the chosen income start year and shall be payable till Maturity along with a lumpsum at maturity. Under Endowment option, receive a guaranteed lumpsum at the end of the policy year preceding the year of maturity and a lumpsum at maturity
3
Higher Life Cover
You can avail Life Cover 11 times of Annualized Premium.
You can avail Life Cover 11 times of Annualized Premium.
4
Pay as per Convenience
Choose a premium payment term between 5 to 15 years for regular Income option and between 5 to 30 years for endowment option to get guaranteed* life insurance coverage.
Choose a premium payment term between 5 to 15 years for regular Income option and between 5 to 30 years for endowment option to get guaranteed* life insurance coverage.
5
Optional Riders
Choose between optional riders^ to increase your plan coverage.
Choose between optional riders^ to increase your plan coverage.
6
Tax Benefits
Get Income Tax# benefits as per applicable income tax laws.
Get Income Tax# benefits as per applicable income tax laws.