Life Insurance

Benefits :
Financial Security, Peace of Mind, Wealth Creation, Tax Saving, Retirement Planning, Secure Childs Future, Prevent Loan Burden.
Description : Safeguarding Your family’s future is necessary, Life Insurance is what keeps your family Financially secure even when you are not around. Life Insurance provides a protective Financial cover for you and your loved ones. It ensures that you and your dear ones always get Financial support and do not have to compromise on your future goals. There are various types of Life Insurance depending upon your requirement :
Term Insurance : Term plans provide Financial security to your family in your absence at affordable rates.
ULIP : Unit linked Insurance plans, combine life Insurance with Financial investment.
Endowment Plan: Are Traditional Insurance plans with risk-free investment plans along with Insurance shield. They are not linked to the stock market, and hence carry lower risk. Some plans offer bonus, for staying invested, which enhances the maturity amount.
Retirement or Annuity Plans : Retirement Insurance plans offer ways to build your own pension income.


Key Benefits:

  • Multiple options to suit your different protection needs
  • Option to enhance coverage at key milestones of your life
  • Option to cover your spouse under the same policy
  • Return of premium option
  • Inbuilt Terminal Illness Benefit
  • Multiple options to receive death benefit
  • Enhance your insurance with appropriate rider options by paying additional premiums

Key Policy Benefits:

  • Complete Financial protection at an affordable cost
  • 4 plan options to suit your protection needs
  • EVA benefit – a benefit exclusive for females
  • Flexible premium paying terms & Income Benefit Term
  • Enhance your insurance with appropriate rider option by paying additional premium

Key Policy Benefits:

  • Pay once and reap the benefits of financial growth
  • Flexibility to add top-ups whenever you have additional savings
  • Flexibility of partial withdrawals to meet any emergency fund requirements
  • Tax benefits under Section 80C and Section 10(10D) of the Income Tax Act 1961

Key Feautres:

  • Pay premiums for a limited term and get life cover for whole life
  • Flexibility to choose from 3 investment options to suit your investment needs
  • Flexibility to add top-ups whenever you have additional savings
  • Flexibility of partial withdrawals to meet any emergency fund requirements

Key Features:

  • A plan that offers dual benefit of life insurance protection and savings through a wide range of fund options
  • Option to increase protection through waiver of premium in case of Critical Illness^ or Total Permanent Disability^
  • Flexibility to choose from 2 plan options to suit your aspirations
  • Boost your savings through regular premiums
  • Flexibility to choose between 4 investment options to suit your needs
  • Flexibility to add top-ups whenever you have additional savings
  • Flexibility of partial withdrawals to meet any emergency fund requirements
  • ^ Refer product brochure of Critical Illness and Total Permanent Disability definition and exclusion in details

Key Features:

  • Flexibility to choose policy terms of 10/20/25/30/35/40 years
  • Flexibility to choose premium paying terms of 5/10/15/20 years
  • Flexibility to choose from 3 investments options to suit your investment needs
  • Flexibility to add top-ups whenever you have additional savings
  • Flexibiltiy of partial withdrawals to meet any emergency fund requirements

Key Policy Benefits:

  • Flexibility to choose from 2 plan options to suit your aspirations
  • Flexibility to choose from a wide range of policy terms
  • Flexibility to choose from a wide range of premium paying terms
  • Flexibility to choose from 4 investments options to suit your investment needs
  • Flexibility to add top-ups whenever you have additional savings
  • Flexibility of partial withdrawals to meet any emergency fund requirements

Key Policy Benefits:

  • Assurance – In case of your untimely death all the dreams for your child will still be fulfilled. No burden on your family to pay the premiums to receive the benefits as planned by you, 4 plan options to suit your protection needs
  • Safety to your loved ones – Comprehensive financial protection of your family depending on your choice of Sum Assured, Flexible premium paying terms & Income Benefit Term
  • Growth to your savings – Enhance your savings by accrued bonuses starting from the first policy year which continue to accrue till maturity

Key Policy Benefits:

  • Death Benefit
  • Vesting Benefit
  • Partial Withdrawals
  • Policy Surrender
  • Policy Loans
  • Fund Switching and Premium Redirection

Key Policy Benefits:

  • Income - Guaranteed income for the life of the annuitant is based on the annuity rate purchased and shall be applicable and guaranteed through the life of the annuitant
  • Payout frequency options – Plan to have monthly, quarterly, semi-annual or annual pay-outs as per your need
  • Medical test - None Required to get the policy
  • Tax benefit – Tax benefits under Section 80CCC Tax benefits are subject to changes in tax laws. Please consult your tax advisor for more details.

Key Policy Benefits:

  • Guaranteed Addition
  • Death Benefit
  • Vesting Benefit
  • Partial Withdrawals
  • Policy Surrender
  • Policy Loans
  • Fund Switching and premium redirection

Key Benefits:

  • Flexibility to choose the amount you wish to pay every year
  • Flexibility to choose the Income Benefits
    • Option A - if you want to receive Income Benefit equal to 100% to 600% of Annualized Premium for 6 years,
    • Option B - if you want to receive Income Benefit equal to 200% of Annualized Premium for 12 years
  • Inbuilt Accidental Death Benefit
  • Enhance your insurance with appropriate rider options
  • Tax benefits under section 80C, 80D and section 10(10D) of the Income Tax Act,1961*
  • *Tax Benefits are subject to changes in tax laws

Key Policy Benefits:

  • Bonuses
  • Guaranteed Survival Benefit
  • Death Benefit
  • Survival Benefit
  • Maturity Benefit
  • Surrender Benefit
  • Policy Loan

Key Features:

  • Regular Income : 5% of the Sum Assured guaranteed plus bonus every year after premium paying term
  • Whole Life Cover : Comprehensive financial protection for your family with whole life covers till age 100
  • Enhanced protection : Access to suitable Rider options for added protection , at a nominal extra cost
  • Tax Benefits : As per sec 80C / 10(10D) and 80D *
  • *subject to fulfilment of the other conditions of the section prescribed therein .You are advised to consult your tax advisor for details

Key Policy Benefits:

  • Flexibility to choose Sum Assured based on your protection and savings need
  • Flexibility to choose the policy term and the premium paying term
  • Additional Sum Assured payable in case of accidental death
  • Guaranteed Additions for the first 5 policy years
  • Boost your savings by bonuses starting from the first policy year
  • Guaranteed Additions
  • Death Benefit
  • Maturity Benefit
  • Auto Cover Continuation

Key Features:

  • Growth in savings : Enhance your savings by regular bonuses throughout the policy term starting from the first policy year
  • Safety to your loved ones : Comprehensive financial protection to you and your family up to age 100
  • Tax Benefits : As per sec 80 C / 10(10) D and 80D #
  • #subject to fulfilment of the other conditions of the section prescribed therein. You are advised to consult your tax advisor for details

Key Policy Benefits

  • Guaranteed Income
  • Death Benefit
  • Maturity Benefit
  • Policy Loan
  • Rider Benefits

Plan Features

  • Flexibility : Comprehensive financial protection of your family which can be enhanced by choosing death benefit Option A or B
  • Growth in your savings : Augment your savings by accrued regular bonuses starting from the first policy year
  • Choice of terms : Allows you to plan your premium based on your revenue projections
  • Tax Benefit : As per sec 80C / 10(10) D and 80D *
  • * subject to fulfilment of the other conditions of the section prescribed therein. You are advised to consult your tax advisor for details

Key Policy Benefits

  • Guaranteed Additions that boost your corpus year on year
  • Flexibility to also cover your spouse by choosing Joint Life Protection by paying an additional premium
  • Flexibility to choose the policy term
  • Death Benefit
  • Maturity Benefit
  • Flexibility to Enhance your insurance cover with appropriate rider options by paying an additional premium

Key Policy Benefits

  • Guaranteed Additions
  • Death Benefit
  • Maturity Benefit
  • Surrender Benefits

Key Features

  • Comprehensive financial protection for your family depending on your choice of Sum Assured
  • Monthly Income Benefit to take care of your recurring needs
  • Option to postpone your monthly incomes by choosing a Deferment Period to suit your requirements
  • Choice of Level and Increasing Income Benefit Options to suit your needs
  • Inbuilt Accidental Death Benefit
  • Option to increase your protection through Riders
  • Bonuses to augment your savings

Key Advantages

  • Option to choose Return of Premium (ROP)* as Maturity Benefit
  • Option to choose Whole of Life* cover up to age 99 years
  • Flexibility to opt for Single, Limited or Regular Premium Payment Term
  • Add-on covers to choose from :
    • Accidental Death Benefit ( ADB )
    • Accidental Total Permanent Disability Benfit ( ATPDB )
    • Critical Illness Benefit ( CIB )
    • Waiver of Premium^ Benefit ( WOPB )
  • Note :- *If Whole Life is opted for,then ROP is not available
    ^Waiver of Premium ( WOPB ) is applicable on CI ( Incl ATPD )
    Add-on Covers, Matuirty Benefit option and Whole of Life option can be choosen/opted or inception only and cannot be changed subsequently

We all like certainty in life and when this certainty is about our Life Goals, Life is simple. This certainty can be achieved with guaranteed regular income that supports our financial needs tomorrow. So we can sustain as well as achieve our Life Goals

Key Advantages:

  • Choice of 2 Variants depending up on your Life Goal :
    • Income Benefit
    • Lump-Sum Benefit
  • Get Guaranteed Increasing Income under Income Benefit
  • Option to extend your Life Cover beyond your Policy Term
  • Multiple Policy Terms & Premium Payment Terms to choose from
  • Choice of 5 Riders to Enhance Cover

Your family’s security and its future well-being is one of the most treasured dreams in your life. But when Security is backed up by a guarantee, your dream can transform into an achievable GOAL. Presenting Bajaj Allianz Life POS Goal Suraksha, an easy to buy, non-linked, non-participating, limited premium payment, endowment plan that secures you and your family against all odds with a guaranteed sum at maturity

KEY ADVANTAGES:

Bajaj Allianz Life POS Goal Suraksha is a non-linked, life, individual, non-participating, limited premium payment, non-medical, POS endowment savings plan. The key advantages are:

  • Guaranteed maturity benefit
  • Limited premium payment term
  • Option to alter premium payment mode
  • Offer Guaranteed Additions at maturity
  • Option to take policy loan

Key Benefits

  • Secure your family’s financial future through life insurance cover
  • Option to Increase your sum assured regularly to take care of increased cost of living, OR
  • Option of choosing Better Half Benefit to ensure enhanced financial security even in the absence of main bread earner
  • Option to Increase your sum assured at key life stages to take care of changing responsibilities, OR
  • Option of waiver of premium in case of one of the covered critical illnesses

Key Benefits

  • Choose your own desired policy term with coverage available upto age 85 years
  • Choose from a range of 5 limited premium paying term options
  • Option of choosing Better Half Benefit to ensure enhanced financial security even in the absence of main bread earner
  • Option to add riders to enhance your protection
  • Option to choose the death benefit payment mode option as ‘Lumpsum’ or ‘Monthly Income’ or ‘Lumpsum plus Monthly Income'

7 Reasons Why?

  • Low cost Term Assurance Plan
  • Flexibility to choose from four (4) death benefit options
  • Flexibility to choose the premium paying term as per your need
  • Get discounts for higher Sum Assured
  • Lower premium rates for female lives
  • Option to choose cover up to age 80
  • Get tax benefits* for premium and claim amount

7 Reasons Why?

  • Cost friendly solution providing complete protection of your aspirations for your loved ones
  • Cost reduces further for higher Sum Assured
  • Large cover amount payable in the event of pre-mature death, to support the family
  • Assurance of protection for a maximum period of 30 years
  • Limited premium payment option to suit the stability of your current income stream and yet avail the cover for a longer policy term
  • Lower rates are available for leading healthy lifestyle by way of non-consumption of tobacco
  • Depending on your age, your cover may extend up to 70 years

6 Reasons why Edelweiss Tokio Life – Wealth Secure+

  • Life Cover : Ensures financial protection to your family in case of your unfortunate demise
  • Joint Life Cover : An option to cover you and your spouse in the same policy
  • Child Cover : Enhanced protection for your child by continuation of policy on your unfortunate demise
  • Affordable Premium : Option to start your savings even with Rs. 1,000 per month
  • Multiple funds : Option to choose from a bouquet of 7 funds with unlimited switches if opted for Self-Managed Strategy.
  • Fund Additions : To maximise your savings, provides additional allocation as follows:
    • Loyalty Additions : Added from the 6th policy year at the end of each policy year
    • Booster Additions : Added at the end of 10th policy year and every 5th policy year thereafter
    • Maturity Addition: Added at maturity

7 Reasons Why?

  • All the benefits are guaranteed upfront
  • Simplified product structure for easy understanding
  • Get additional benefits from 9th policy year through Guaranteed Accrual Additions
  • Multiple options of policy term and premium paying term to suit your requirements
  • Get extra benefit for higher premium
  • Loan facility to meet any urgent / unforeseen liquidity requirements
  • Option to make your cover more comprehensive through riders

6 Reasons Why?

  • Secure your family’s financial future through life insurance cover
  • Option to receive regular income or regular income plus lumpsum, to fulfill your future dreams
  • Secured Income Plan Option to ensure that those dreams are met even in case of an eventuality
  • Two Maturity Benefit Options to choose from
  • Flexibility to pay premiums and receive income payouts as per your convenience and financial goals
  • Flexibility to receive income on that date of a month which you cherish the most

5 Reasons Why?

  • Life Cover - ensures financial protection to your family in case of your unfortunate demise.
  • Loyalty Additions & Booster Additions – Percentage of fund value which will be added back to your fund to maximise your savings.
  • Return of Mortality Charge – On survival till maturity date, the total Mortality Charges (excluding extra mortality charges due to sub-standard life and taxes as applicable) deducted during the Policy Term will be added to the fund value at the maturity date.
  • Investment Strategies – two strategies to cater to your various investment needs
  • Liquidity – option to partially withdraw your money post completion of five policy years, in case of emergencies.

4 Reasons to choose the plan

  • Secure your family’s financial future through life insurance cover
  • A life insurance product to address multiple needs of :
    • Family Protection
    • Wealth Accumulation
  • Get rewarded for loyalty through increasing Loyalty Sum Assured
  • Grow your wealth through regular and increasing additions and bonus

7 Reasons Why?

  • Stay protected and get guaranteed amount on maturity
  • Get additional benefits from 13th policy year through “Assured Additions”
  • Simplified product structure for easy understanding
  • Get extra benefit for higher premium
  • Loan facility to meet any urgent / unforeseen liquidity requirements
  • Option to make your cover more comprehensive through riders
  • Choice of various Policy Term (15 / 20 / 25 / 30 years) and Premium Paying Term (7 / 10 /12 years) are available to suit your need

5 Reasons why Edelweiss Tokio Life - Wealth Plus

  • Life Cover - ensures financial protection to your family in case of your unfortunate demise.
  • Rising Star Benefit - to cater to your children’s future financial needs even in your absence.
  • Liquidity - option to partially withdraw your money in case of emergencies from 6th policy year.
  • Additions - in addition to allocating 100% of your premiums paid during the premium paying term, we will provide additional allocation every year as follows –
    • Extra Allocation – added in the first 5 policy years along with your premiums paid.
    • Premium Booster – added from the 6th policy year at the end of each policy year.
  • Investment Strategies - two strategies to cater to your various investment needs.

Plan Benefits

All your benefits in this plan are guaranteed and are known to you upfront while you consider taking this plan.

  • Guaranteed Maturity Benefit - At the end of your policy term, you will receive the Guaranteed Maturity Benefit provided all due premiums have been paid in full and the policy is in-force. Your Guaranteed Maturity Benefit is equal to the Sum Assured on Maturity.
  • Guaranteed Death Benefit - In case of unfortunate demise of Life Insured while the policy is in-force, the Nominee will receive the Guaranteed Death Benefit.
  • The Guaranteed Death Benefit is equal to the Sum Assured on Death which is Higher of –
    • 10 x Annualised Premium ; or
    • Sum Assured on Maturity ; or
    • 105% of Total Premiums Paid upto the date of death ; or
    • Any absolute amount assured to be paid on death which is higher of Sum Assured on Maturity or 10 x Annual (3) Premium .

5 Reasons Why?

  • Edelweiss Tokio Life – Wealth Ultima comes with a unique combination of :
    • Systematic Monthly Plan (SMP) - Safeguards from erratic market movements, Wealth Accumulation
    • Systematic Transfer Plan (STP) - Wealth Preservation , Transfer money from one asset class to another
    • Systematic Withdrawal Plan (SWP) - Wealth Utilization , Works as a second income
  • Additions in the Policy : Various additions in the Policy provide better returns.
  • Life Cover : This product provides life cover which gives a lump sum amount to the beneficiary in case of unfortunate demise of the Life Insured.
  • Little Champ Benefit : In case of unfortunate demise of the Policyholder, the policy shall continue and the child receives the Policy benefits as planned.
  • Choose Policy Term and Premium Paying Term as per your need : Policy Term ranges from 10 years to ‘till age 100’. Premium Paying Term* ranges from 5 years to ‘till the end of the policy term’.

4 Reasons Why?

  • Get guaranteed amount on Maturity
  • Avail comprehensive life insurance cover ranging between 1.25 times to 10 times of single premium
  • Loan facility is available to meet unforeseen needs
  • Option to make your cover more comprehensive through riders

7 Reasons Why?

  • Get guaranteed income and avail protection till age of 100 years
  • Get a lump-sum at the end of premium payment term through reversionary bonus
  • Sharing of profits enables you to earn higher returns through additional cash bonus
  • Limited payment periods allow you to pay from your present income for your future needs
  • Get discounts for higher Sum Assured on Maturity
  • Loan facility to meet any urgent / unforeseen liquidity requirements
  • Option to make your cover more comprehensive through riders

7 Reasons Why?

  • Plan your retirement with guaranteed annuity benefit
  • Choice of multiple options as per your requirements
  • Pay only once and avail immediate annuity benefits for lifetime
  • Avail extra annuity benefits for higher premium amounts
  • Option to avail annuity during your lifetime and leave lump-sum thereafter for your loved ones
  • Option of annuity benefits for both - you and your spouse
  • Option to receive annuity benefits in yearly, half-yearly, quarterly or monthly instalments

7 Reasons Why?

  • Low Premium Allocation Charge
  • Guaranteed Loyalty Additions to enhance your return
  • Choice of policy terms up to 85 years and full flexibility with Premium Paying Terms
  • Premium paying options of single pay, limited pay and regular pay
  • Simple and easy to buy with minimal process
  • Option to choose your risk strategy for allocation between funds
  • Automatic re-allocation of your money to optimize retirement needs

Sometimes the simplest choice is the best one for you. A pure protection plan is a simple way to get a comprehensive protection at an affordable price and protect yourself and your loved ones against the uncertainties that life may throw at you. With a range of additional coverage options, HDFC Life Click 2 Protect Plus is an ideal comprehensive protection plan for you!

What are the key features of this plan?

  • Comprehensive coverage at affordable cost
  • Provide financial protection for you and your family
  • Customize your plan with choice of cover options
    • Life Option : which pays lump sum on death
    • Extra Life Option : which pays an additional lump sum on death due to accident
    • Income option : which pays 10% of the Sum Assured on death with the remaining 90% payable as monthly income over 15 years
    • Income Plus option : which pays the Sum Assured to the nominee upon the death of the life assured as well as a monthly income to the family for a period of 10 years. A monthly income equal to 0.5% of Sum Assured becomes payable for a period of 10 years. The monthly income can be level or increasing at a simple rate of 10% p.a. on each policy anniversary.
  • That’s not all! – With Life Stage Protection feature available under Life Option, you can increase your insurance cover on certain key milestones of your life without medicals
  • Insurance cover available up to age 85 years
  • Single, Limited and Regular premium payment options to choose from
  • Attractive premium rates for non tobacco users
  • Tax benefit as per prevailing tax laws

Sometimes the simplest choice is the best one for you. A protection plan is a simple way to get comprehensive protection at an affordable price and protect your loved ones against the uncertainties that life may throw at you. With a range of plan options, HDFC Life Click 2 Protect 3D Plus is an ideal comprehensive protection plan for you!

  • Provide financial protection to you and your family at an affordable cost
  • Customize your plan with a choice of 9 plan options
  • All future premiums are waived on Accidental Total Permanent Disability( available under all options ) and on diagnosis of Critical Illness (Available with 3D Life and 3D Life Long Protection options)
  • Protect yourself for whole of life with lifelong protection option
  • Flexibility to choose your policy and premium payment terms
  • Life Stage Protection feature offers to increase insurance cover on certain key milestones without medicals
  • Flexibility to increase your cover every year through top-up option
  • Special premium rates for female lives
  • Attractive premium rates for non-tobacco users
  • Tax benefits* as per prevailing tax laws

Life becomes more meaningful with the achievements of personal milestons which you have planned for. But these milestones are oftern accompanied by added responsibilities, expenses and the burden of any uncertainty happening. We do our best to ensure that the financial security is achieved through meticulous planning for key life stages such as marriage, parenthood, retirement, etc. Life Insurance plan can help you achieve such goals whilst safeguarding the family’s future against the unforeseen events

While there are many opportunites that come with respective benefits, the assurance and convenience that a life insurance plan with guaranteed benefit offers is irreplaceable We at HDFC Life bring to you “HDFC Life Sanchay Plus” ,a plan that offers guaranteed returns for you and your family.

Key Features of HDFC LIFE SANCHAY PLUS:

  • Guaranteed benefits - Rest assured of the returns
  • Tax benefits – You may be eligible for tax benefits as per prevailing tax laws
  • Flexibility – Guaranteed benefits as a lump sum or as regular income
  • Life Long Income option - Guaranteed income till age 99 years
  • Long Term Income option – Guaranteed income for a fixed term of 25 to 30 years
  • Optional Riders - Enhance your protection coverage with rider options on payment of additional premium

Key Benefits :

  • Enhanced protection : Coverage against death, terminal illness and disability due to accident, in addition to death
  • Long Term Cover : Get covered till 99 years of age under whole life option
  • Immediate Payment : You will get the claim money immediately on detection of any of the 34 critical illness, without any bills or hospitalisation
  • Increase Life Cover: Option to increase Life Cover at important milestones of life, like marriage and child birth/adoption
  • Need based benefit payout: Choose to receive the benefit amount as a lump sum or as monthly income for 10 years or a combination of both
  • Key Benefits For Women:
    • Special Premium rates for Life Cover and Accelerated Critical Illness benefit
    • Covers female organ cancers such as breast cancer, cervical cancer under Accelerated Critical Illness Benefit
  • Tax benefits: Save to upto Rs.54,705 on premiums paid under section 80C and 80D

Features of ICICI Pru Heart & Cancer Product:

  • Policy which covers both Heart and Cancer
  • Product covers Minor and Major Heart/Cancer conditions
  • Upfront payment on the diagnosis of listed condition
  • Get 25% of sum assured on diagnosis of minor condition
  • Option of claiming multiple times available as long as the total pay-outs don’t exceed 100% of the sum assured
  • Waiver of premium post claim of Minor/Major condition or permanent disability due to accident
  • Optional Benefits available:
    • Hospital benefit
    • Increasing cover benefit
    • Income Benefit
  • 5% discount on first year premium if you apply at the same for yourself & your wife
  • 5% special discount for our existing customers on the first years premium
  • Sum Assured : Cancer cover maximum Rs.50 lakhs & Heart Cover maximum Rs.25 Lakhs
  • Max entry age – 65 & Cover up to age of 75 years
  • Maximum policy term of 40 years
  • Tax benefit up to Rs.25,000 under section 80D

Key Features:

  • Guaranteed Additions: Every year, either 9% or 10% of total premiums paid will be added to your policy benefits depending on your policy term
  • Guaranteed Maturity Benefit (GMB): A guaranteed lump sum payable at the end of the policy term
  • Flexibility: Choose premium payment term and policy term as per your need
  • Protection: Get life cover for the entire policy term
  • Tax benefits: Tax benefits apply to premiums paid and benefits received as per the prevailing tax laws Terms and conditions

What makes ICICI Pru Lakshya suitable for you

  • Protection of life cover throughout the policy term
  • Increase your savings with the applicable Guaranteed Value Benefits
    • Start Early : Start your savings now rather than later
    • Save More : Higher the premium, higher the benefit
    • Stay More : More benefit for long term savings and protection
    • SHE : Exclusively for women to promote savings by women
  • A flexible plan to help you meet various financial needs with an option to take payout as
    • Lump-sum at policy maturity or
    • Income for a limited period or
    • Lifelong Income with income till 99 years of age
  • Liquidity during the policy term to help you in case of financial emergencies
  • Convenient options to pay your premiums in annual, half-yearly or monthly frequency
  • Tax benefits may be applicable on premiums paid and benefits received as per prevailing tax laws

Key Benefits:

  • Three Plan Options
  • Step-Up option to increase your cover
  • 3 Payout Options
  • Additional Protection with Riders
  • Tax Benefits

Benefits :

  • Convenience of choosing Bonus options : Paid-Up Addition or Cash Payout
  • Avail chosen Bonus option from end of 1st policy year onwards
  • Offer Protection up to age of 75 years
  • Additional protection through optional riderson payment of additional premium

Key Features :

  • Guarantteed Additions of 5% p.a. of the Basic Sum Assured for the First 5 policy years
  • Accrual of Reversionary bonuns from 6th policy year onwards
  • Structured Payout for 5/10 years as per your choice
  • Comprehensive Death Benefit

Key Features

  • Premier Payment Benefit – Pay for only Half the Term
  • Premier Protection Benefit – Additional benefit of Basic Sum Assured on Accidental Death
  • Premier Payout Benefit – Guaranteed payout will range from 110% to 130% of Sum Assured

LIC's New Endowment Plan is a non-linked, participating, Indivdual, Life Assure plan which offers an attractive combination of protection and saving features. This combination provides financial support for the family of the deceased policyholder any time before maturity and good lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.

Benefits :

  • Death benefit : Death benefit payable in case of death of the Life assured during the policy term provided the policy is in-force shall be "Sum Assured on Death" along with vested Simple Reversionary Bonuses and Final Additional bonus, if any, Where, “Sum Assured on Death” is defined as higher of Basic Sum Assured or 7 times of annualised premium. This death benefit shall not be less than 105% of all the premiums paid as on date of death. Premiums referred above exclude taxes, extra premium and rider premiums, if any.
  • Maturity Benefit : On Life Assured surviving the policy term, provided the policy is in-force ,” Sum Assured on Maturity”, along with vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable .where “Sum Assured on Maturity” is equal to Basic Sum Assured.
  • Participation in Profits : The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in-force.
    Final ( Additional ) Bonuses declared under the policy in the year when the policy results into claim either by death or maturity . Final Additional Bonus shall not be payable under paid-up policies.

LIC's New Jeevan Anand Plan is a non-linked, participating, Individual, Life Assure plan which offers an attractive combination of protection and savings. This combination provides financial protection against death throughout the lifetime of the policyholder with the provision of payment of lumpsum at the end of the selected policy term in case of his/her survival. This plan also takes care of liquidity needs through its loan facility.

Benefits :

  • Death benefit : Provided all due premiums have been paid, the following death benefit shall be paid:
    • On Death during the policy term i.e before the stipulated Date of Maturity : Death benefit, equal to “Sum Assured on Death” and vested Simple Reversionary Bonuses and Final Additional bonus, if any, shall be payable. Where, Sum Assured on Death is defined as higher of 125% of Basic Sum Assured or 7 times of annualised premium. This death benefit shall not be less than 105% of all the premiums paid as on date of death. The premiums mentioned above exclude service tax, extra premium and rider premiums, if any.
    • On death after expiry of the policy term i.e from the stipulated Date of Maturity : Basic Sum Assured shall be payable
  • Benefits payable at the end of Policy Term (i.e On Maturity): On Life Assured surviving to the stipulated Date of Maturity, provided the policy is in-force,”Sum Assured on Maturity”, along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable ,where “Sum Assured on Maturity” is equal to basic Sum Assured.
  • Participation in Profits : The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation during policy term provided the policy is in-force.
    Final (Additional) Bonus may also be declared under the plan in the year when the policy results into death claim during the policy term or due for the maturity benefit provided the policy is in full force. Final Additional Bonus shall not be payable under paid-up policies.

LIC's Single Premium Endowment Plan is a non-linked, participating, Indivdual, Life Assurance sabings plan which offers an attractive combination of protection and saving features.The Premium is paid in lump sum at the outset of the policy. This combination provides financial protection against death during the policty term in case of his/her survival . This plan also takes care of liquidity needs through its loan facility.

Benefits :

  • Death benefit :
    • On death during the policy term before the date of commencement of risk : Return of single premium ( excluding taxes extra premium and rider premiums if any ), without interest.
    • On death during the policy term after the date of commencement of risk : Sum Assured along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any , Where ,”Sum Assured on Death” is defined as higher of Basic Sum Assured or 1.25 times of single premium ( excluding taxes extra premium and rider premiums if any)
  • Maturity Benefit : On Life Assured surviving the policy term, Sum Assured on Maturity, along with vested Simple Rerversionary Bonuses and Final Additional Bonus if any, shall be payable.
  • Participation in profits : The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation.
    Final (Additional) Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity on such terms and conditions as may be declared by the corporoation from time to time

LIC's JEEVAN LAKSHYA Plan is a non-linked, participating, Individual, Life Assurance plan which offers an attractive combination of protection and savings. This plan provides for Annual Income benefit that may help to fulfil the needs of the family, primarily for the benefit of children, in case of unfortunate death of Policyholder any time before maturity and a lump sum amount at the time of maturity irrespective of survival of the policyholder. This plan also takes care of liquidity needs through its loan facility.

Benefits :

  • Death benefit : Death benefit payable in case of death of the Life assured during the policy term provided the policy is in-force shall be "Sum Assured on Death" along with vested Simple Reversionary Bonuses and Final Additional bonus, if any,
    Where, “Sum Assured on Death” is defined as higher of
    • 7 times of annualised premium or
    • Sum of 110% of Basic Sum Assured Which shall be payable on the date of maturity and Annual Income Benefit equal to 10% of the Basic Sum Assured which shall be payable from the policy anniversary coinciding with or following the date of death of Life Assured , till the policy anniversary prior to the date of maturity.
    • The vested Simple Reversionary Bonuses and Final Additional Bonus, if any, included in the Death Benefit shall be payable on due date of maturity.
      The Death Benefit defined above shall not be less than 105% of total premiums paid upto the date of death. Premiums referred above exclude taxes, extra premium and rider premium if any
  • Maturity Benefit : On Life Assured surviving the policy term, provided the policy is in-force, ” Sum Assured on Maturity”, along with vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable .where “Sum Assured on Maturity” is equal to Basic Sum Assured.
  • Participation in profits : The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in-force
    In case of death under a policy which is in-force,the policy shall continue to participate in profits upto the date of maturity and the entire vested Simple Reversionary Bonuses and Final Additional Bonus ,if any ,shall be payable under the policy on due date of maturity irrespective of survival of the Life Assured.
    In case the premiums are not duly paid ( except in case of death of the Life Assured under in-force policy ), the policy shall cease to participate in future profits irrespective of whether or not the policy has acquired paid up value. However,the policy shall be considered as in-force on death during the grace period.

LIC's Jeevan LABH Plan is a limited premium paying, Non-linked, participating, Individual, Life Assurance savings plan which offers an attractive combination of protection and saving features. This combination provides financial support for the family of the deceased policyholder in case of unfortunate death of the policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholder. This plan also takes care of liquidity needs through its loan facility.

Benefits :

  • Death benefit : Death benefit payable in case of death of the Life assured during the policy term provided the policy is in-force shall be "Sum Assured on Death" along with vested Simple Reversionary Bonuses and Final Additional bonus, if any, Where, “Sum Assured on Death” is defined as higher of Basic Sum Assured or 7 times of annualised premium.
    This death benefit shall not be less than 105% of all the premiums paid as on date of death. Premiums referred above exclude taxes, extra premium and rider premiums, if any.
  • Maturity Benefit : On Life Assured surviving to the end of the policy term, provided the policy is in-force, ” Sum Assured on Maturity”, along with vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable .where “Sum Assured on Maturity” is equal to Basic Sum Assured.
  • Participation in profits : The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation ,provided the policy is in-force.
    Final (Additional) Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity. Final Additional Bonus shall not be payable under paid-up policies.

LIC’s AADHAAR STAMBH is a plan designed exclusively for male lives ,which offers a combination of protection and savings. This plan provides financial support for the family incase of unfortunate death of the policyholder any time before maturity and a lump sum amount at the time of maturity for the surviving policyholder
In addition,this plan also takes care of liquidity needs thorugh its Auto Cover as well as loan facility

Benefits :

  • Death benefit: Death benefit payable on death of the life assured during the policy term provide policy is in-force:
    • On death during first 5 years : ”Sum Assured on Death” shall be payable
    • On death after completion of five policy years but before the date of maturity : “Sum Assured on Death” and Loyalty Addition, if any, shall be payable.
    • Where “Sum Assured on Death” is defined as the higher of
      • 7 times of annualised premium; or
      • 100% of Basic Sum Assured
    • The Death benefit shall not be less than 105% of total premiums paid upto the date of death. Premiums referred above shall not include any taxes, extra premium and rider premium, if any
  • Mmaturity Benefit : On Life Assured surviving to the end of the policy term, provided the policy is in-force, ” Sum Assured on Maturity”, along with vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable, where “Sum Assured on Maturity” is equal to Basic Sum Assured.
  • Loyalty Addition : Provided the policy has completed five policy years and at least 5 full years premium have been paid the depending upon the Corporation’s experience the policies under this plan shall be eligible for Loyalty Addition at the time of exit in the form of Death during the policy term or Maturity, at such rate and on such terms as may be declared by the corporation. Under a paid-up policy, Loyalty Addition shall be payable for the completed policy years for which the policy was in-force
    In addition, Loyalty Addition, I any shall also be considered in Special Surrender Value calculation on surrender of policy during the policy term, provided the policy has completed five policy years and atleast 5 ful years premium have been paid.

Key Benefits :

  • Death benefit : Death benefit payable in case of death of the life assured before the stipulated Date of Maturity provided the policy is in-force shall be as under:
    • On death during first 5 years : ”Sum Assured on Death” .
    • On death after completion of five policy years but before the stipulated date of maturity : “Sum Assured on Death” along with Loyalty Addition, if any .
    • Where “Sum Assured on Death” is defined as the higher of
      • 7 times of annualised premium; or
      • 110% of Basic Sum Assured
    • The Death benefit shall not be less than 105% of total premiums paid excluding any extra premium, any rider premium and taxes upto the date of death. The Death Benefit shall be paid in lumpsum as specified above and/or in instalments, as a specified in condition 8 of part the of this policy Document as per the option by the policy holder/life assured.
  • Maturity Benefit : On Life Assured surviving to the end of the policy term ,provided the policy is in-force, ” Sum Assured on Maturity”, along with vested simple reversionary bonuses and Final Additional bonus, if any, shall be payable, where “Sum Assured on Maturity” is equal to Basic Sum Assured.
    The PolicyHolder / Life Assured shall have an option to receive the maturity benefit in lumpsum as specified above and/or in instalments ( Settlement Option ), as specified in condition 9 of part D of this policy document.

Product Summary :

Micro Bachat Plan ( Table no.951 ) is a traditional, non-linked, participating micro insurance plan that offers dual benefits of protection as well as savings.
As the name suggests ‘micro bachat’ meaning ‘small savings’, this plan is designed to provide financial support to the family in case of unfortunate death of the policyholder. If the policyholder survives the policy tenure, a lumpsum amount at the time of maturity is payable, the plan also provides loan facility to take care of liquidity needs. The plan is ideal for the low-income groups

Policy Benefits :

  • On Death : On death of the Life Assured during the policy term Sum Assured on Death shall be payable which is the highest of
    • Basic Sum Assured ; or
    • 7 times of annualized premium ; or
    • 105 % of all the premiums paid as on date of death
  • On Survival : On Survival to the the end of the policy term Basic Sum Assured along with Loyalty Addition, if any, shall be payable.
  • Surrender Value : The policy can be surrendered at any time during the policy term provided at least one full years premiums have been paid.
  • Guaranteed Surrender Value : The Guaranteed Surrender Value shall be a percentage of total premiums paid ( net of taxes ) excluding any extra premiums and premiums for riders, if opted for. This percentage will depend on the policy term and policy year in which the policy is surrendered.
  • Loan : Loan Facility is available under this plan, after payment of premiums for at least 3 full years subject to following conditions :
    • The maximum loan as a percentage of surrender value shall be 70% in case of inforce policies and 60% in case of paid-up policies
    • The rate of interest to be charged for the loan amount would be determined from time to time by the corporation.
  • Income Tax Benefi t: Premium paid under this plan is eligible for Tax Rebate under section 80C. Maturity under this plan is free under sec 10(10D).

LIC’s Jeevan Umang is a non-linked, participating, individual, whole life assurance plan which offers a combination of income and protection to your family. This plan provides for annual survival benefits from the end of the premium paying term till maturity and a lump sum payment at the time of maturity or on death of the policyholder during the policy term.
In addition, this plan also takes care of liquidity needs through loan facility.

Benefits :

  • Death Benefit : On death of the Life Assured during the policy term, provided the policy is in-force shall be as under
    • On death before the commencement of Risk : Return of premiums paid without interest shall be payable.
    • On Death after the commencement of Risk : Death Benefit, defined as sum of "Sum Assured on Death" and vested Simple Reversionary Bonuses ( as mentioned in (d) below ) and Final Additional bonus, if any, shall be payable.
    • Where "Sum Assured on Death" is defined as the higher of 7 times of annualised premium or Basic Sum Assured.
    • This death benefit shall not be less than 105% of the total premiums paid upto the date of death. Premiums referred above shall not include any taxes, extra premium and rider premiums,if any
  • Survival Benefit : On the life assured surviving to the end of the premium paying term, provided the policy is in-force, a survival benefit equal to 8% of Basic Sum Assured shall be payable each year. The first survival benefit payment is payable at the end of premium paying term and thereafter on completion of each subsequent year till the Life assured survives or till the policy anniversary prior to the date of maturity, whichever is earlier.
  • Maturity Benefit : On the life assured surviving to the end of the policy term, provided the policy is in-force, "Sum Assured on Maturity' along with vested Simple Reversionary Bonuses ( as mentioned in (d) below ) and Final Additional bonus, if any, shall be payable. Where "Sum Assured on Maturity" is equal to Basic Sum Assured.
  • Participation in profits : Depending upon the Corporation's experience with regard to policies issued under this plan, the policy shall participate in profits during the policy term.

LIC's New Money Back Plan-20 years is A Non-Linked, Participating, Limited Premium, Individual, Life Assurance plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term. This unique combination provides financial support for the family of the deceased policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.

Benefits :

  • Death benefit : Death benefit payable in case of death of the Life Assured during the policy term provided the policy is in-force ( provided all due premiums have been paid ) shall be "Sum Assured on Death" along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any. Where "Sum Assured on Death" is defined as higher of 125% of the Basic Sum Assured or 7 times of annualized premium. This death benefit shall not be less than 105% of the total premiums paid upto the date of death. The premiums mentioned above exclude taxes, extra premium and rider premium, if any.
  • Survival Benefits : In case of Life Assured surviving to the end of the specified durations provided all due premiums have been paid, 20% of the Basic Sum Assured shall be payable at the end of each of 5th, 10th & 15th Policy year.
  • Maturity Benefit : On Life Assured surviving to the end of the policy term, provided the policy is in-force, "Sum Assured on Maturity" along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where "Sum Assured on Maturity" is equal to 40% of the Basic Sum Assured.
  • Participation in Profits : The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in-force. Final Additional Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity. Final Additional Bonus shall not be payable under paid-up policies.
    The actual allocation to policyholders, out of the surplus emerging from the actuarial investigation, shall be as approved by Central Government in accordance with provisions in this regard under 11C Act, 1956.

LIC’s New Money Back Plan-25 years is a Non-Linked Participating, Limited Premium, Individual, Life Assurance plan which offers an attractive combination of protection against death throughout the term of the plan along with the periodic payment on survival at specified durations during the term. This unique combination provides financial support for the family of the deceased policyholder any time before maturity and lump sum amount at the time of maturity for the surviving policyholders. This plan also takes care of liquidity needs through its loan facility.

Benefits :

  • Death benefit : Death benefit payable in case of death of the Life Assured during the policy term provided the policy is in-force shall be ( i.e. all due premiums have been paid ), "Sum Assured on Death" along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any. Where "Sum Assured on Death" is defined as higher of 125% of the Basic Sum Assured or 7 times of annualized premium. This death benefit shall not be less than 105% of the total premiums paid upto the date of death. The premiums mentioned above exclude taxes, extra premium and rider premium, if any.
  • Survival Benefits : In case of Life Assured surviving to the end of the specified durations provided all due premiums have been paid, 15% of the Basic Sum Assured shall be payable at the end of each of 5th, 10th, 15th & 20th policy year.
  • Maturity Benefit : On Life Assured surviving to the end of the policy term, provided the policy is in-force, "Sum Assured on Maturity" along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where "Sum Assured on Maturity" is equal to 40% of the Basic Sum Assured..
  • Participation in Profits : The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in- force.
    Final Additional Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity. Final Additional Bonus shall not be payable under paid-up policies. The actual allocation to policyholders, out of the surplus emerging from the actuarial investigalion, shall be as approved by Central Government in accordance with provisions in this regard under LIC Act, 1956.

LIC's New Bima Bachat is a Non-linked, Participating, Individual, Life Assurance Savings cum Protection plan, where premium is paid in lump sum at the outset of the policy. It is a money-back plan which provides financial protection against death during the policy term with the provision of payment of survival benefits at specified durations during the policy term. In addition, on maturity, the single premium shall be returned along with Loyalty Addition, if any. This plan also takes care of liquidity needs through its loan facility.

Benefits :

  • Death Benefit : Death benefit payable in case of death of the Life assured during the policy term is as under:
    • On death during the first five policy years : "Sum Assured on Death".
    • On death after completion of five policy years : "Sum Assured on Death" along with Loyalty Addition, if any. Where "Sum Assured on Death" is defined as higher of
      • 1.25 times the single premium; or
      • Basic Sum Assured.
    • Single Premium referred above shall not include taxes, extra premium and rider premium(s) if any.
  • Survival Benefits : On the Life Assured surviving to the end of the specified durations during the policy term; a fixed percentage of Basic Sum Assured is payable. The fixed percentage for various policy terms is as below:
    • For policy term 9 years : 15% of the Basic Sum Assured at the end of each of 3rd & 6th policy year
    • For policy term 12 years : 15% of the Basic Sum Assured at the end of each of 3rd, 6th & 9th policy year
    • For policy term 15 years : 15% of the Basic Sum Assured at the end of each of 3rd, 6th, 9th & 12th policy year
  • Maturity Benefit : On Life Assured surviving to the end of the policy term, "Sum Assured on Maturity' along with Loyalty addition, if any, shall be payable.Where "Sum Assured on Maturity" is equal to Single Premium paid excluding taxes, Rider premium(s) and extra premium, if any.
  • Loyalty Addition : Depending upon the Corporation's experience the policies shall participate in the profits of the Corporation and shall be eligible for Loyalty Addition. The Loyalty Addition, if any, shall be payable on death after completion of five policy years or on policyholder surviving to maturity, at such rate and on such terms as may be declared by the Corporation.

LIC's New Children's Money Back Plan is a Non-linked, Participating, Individual, Life Assurance money back plan. This plan is specially designed to meet the educational, marriage and other needs of growing children through Survival Benefits. In addition, it provides for the risk cover on the life of child during the policy term and for number of survival benefits on surviving to the end of the specified durations.
The plan can be purchased by any of the parent or grand parent for a child aged 0 to 12 years.

Benefits :

  • Death Benefit : On death of the Life Assured during the policy term provided the policy is in-force ( i.e. all due premiums have been paid ) shall be as under
    • On death before the date of commencement of risk : An amount equal to the total amount of premiums paid excluding taxes, extra premium and rider premium, if any, shall be payable
    • On death after the date of commencement of risk, Death Benefit, defined as sum of "Sum Assured on Death” along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable.
    • Where "Sum Assured on Death^ is defined as Higher of Basic Sum Assured or 7 times of annualized premium. This death benefit shall not be less than 105% of the total premiums paid upto date of death. The premiums mentioned above exclude taxes, extra premium and rider premium, if any.
  • Survival Benefit : On the Life Assured surviving on each of the policy anniversary coinciding with or immediately following the completion of ages 18 years, 20 years and 22 years, 20% of the Basic Sum Assured on each occasion shall be payable, provided the policy is in-force.
  • Maturity Benefit : On Life Assured surviving the policy term, provided the policy is in-force, "Sum Assured on Maturity' along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall he payable; where Sum Assured on Maturity is equal to 40% of the Basic Sum Assured.
  • Participation in Profits : The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in-force.
    Final Additional Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity. Final Additional Bonus shall not be payable under paid-up policies.
    The actual allocation to policyholders, out of the surplus emerging from the actuarial investigation, shall be as approved by Central Government in accordance with provisions in this regard under LIC Act, 1956

LIC’s JEEVAN TARUN is a Non-linked, Participating, Individual, Life Assurance limited premium payment plan which offers an attractive combination of protection and saving features for children. This plan is specially designed to meet the educational and other needs of growing children through annual Survival Benefit payments from ages 20 to 24 years and Maturity Benefit at the age of 25 years. It is a flexible plan wherein at proposal stage the proposer can choose the proportion of Survival Benefits to be availed during the term of the policy as per the following four options:

Key Benefits :

  • Death Benefit : On death of the Life Assured during the policy term provided the policy is in-force shall be as under.
    • On death before commencement of risk : Refund of premium(s) paid excluding taxes, extra premium and rider premium, if any, without interest shall be payable.
    • On death after commencement of risk : Death Benefit defined as sum of 'Sum Assured on Death" and vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where "Sum Assured on Death" is defined as Higher of 7 times of annualized premium or 125% of Sum Assured.
    • This Death Benefit shall not be less than 105% of the total premiums paid upto date of death. The premiums mentioned above exclude taxes, extra premium and rider premium, if any.
  • Survival Benefit : A fixed percentage of Sum Assured shall be payable on each policy anniversary coinciding with or immediately following the completion of 20 years of age and thereafter on each of next four policy anniversaries These fixed percentages shall depend on the Option chosen at the proposal stage and for venous Options the percentages areas given below:
  • Policy Anniversary coinciding/following completion of ages: Percentage of Sum Assured to be paid as Survival Benefit
    Option 1 Option 2 Option 3 Option 4
    20 to 24 years Nil 5% each year 10% each year 15% each year

    Policyholder has to opt for any one of the options above at the proposal stage only.

  • Maturity Benefit : On Life Assured surviving the policy term, provided the policy is in-force, "Sum Assured on Maturity" along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any shall be payable. Where Sum Assured on Maturity as a fixed percentage of Sum Assured for various Options is as below.
  • Maturity Age Option 1 Option 2 Option 3 Option 4
    25 years 100% 75% 50% 25%
  • Participation in Profits : The policy shall participate in profits of the Corporation and shall be entitled to receive Simple Reversionary Bonuses declared as per the experience of the Corporation, provided the policy is in-force. Final Additional Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity. Final Additional Bonus shall not be payable under paid-up policies.

Product Summary
LIC's JEEVAN SHIROMANI Plan is a non-linked, participating, individual, life assurance savings plan. It is a limited premium payment money back life Insurance plan with minimum Basic Sum Assured of Rs. 1 crore especially designed for targeted segment of High Net-worth Individuals. Under this plan Guaranteed Additions shall accrue at the rate of Rs. 50 per thousand Basic Sum Assured for the first five years and Rs. 55 per thousand Basic Sum Assured from 6th policy year till the end of premium paying term. In addition, the policy shall participate in the profits in form of Loyalty Additions

Policy Benefits :

  • Death Benefit On death during first five years : 'Sum Assured on Death" along with accrued Guaranteed Additions shall be payable.
    • On death after completion of five policy years but before the date of maturity: "Sum Assured on Death" along with accrued Guaranteed Additions and Loyalty Addition, if any, shall be payable. Where 'Sum Assured on Death" is defined as the higher of
      • 7 times of annualised premium or
      • 125% Basic Sum Assured
    • This death benefit shall not be less than 105% of all the premiums paid as on date of death. Premiums referred above shall not include any taxes, extra amount chargeable under the policy due to underwriting decision and rider premiums, if any
  • Survival Benefit : On the life assured surviving to each of the specified durations during the policy term, a fixed percentage of Basic Sum Assured shall be payable. The fixed percentage for various policy terms is as below
    • For policy term 14 years : 30% of Basic Sum Assured on each of 10Th and 12th policy anniversary
    • For policy term 16 years : 35% of Basic Sum Assured on each of 12th and 14th policy anniversary
    • For policy term 18 years : 40% of Basic Sum Assured on each of 14th and 16th policy anniversary
  • Maturity Benefit On the life assured surviving to the end of the policy term, 'Sum Assured on Maturity' along with accrued Guaranteed Additions and Loyalty Addition, if any, shall be payable. Where 'Sum Assured on Maturity' is as under:
    • For policy term 14 years : 40% of Basic Sum Assured
    • For policy term 16 years : 30% of Basic Sum Assured
    • For policy term 18 years : 20% of Basic Sum Assured
    • For policy term 20 years : 10% of Basic Sum Assured

Product Summary
LIC's BIMA SHREE Plan is a non-linked, participating, individual, life assurance savings plan. LIC's Bima Shree plan is a limited premium payment money back life insurance plan with minimum Basic Sum Assured of Rs. 10 lakhs especially designed for targeted segment of High Net-worth Individuals

Policy Benefits : The benefits payable under an inforce policy are as under

  • Death Benefit : On death during first five years : "Sum Assured on Death" along with accrued Guaranteed Additions shall be payable.
    • On death after completion of five policy years but before the date of maturity: "Sum Assured on Death" along with accrued Guaranteed Additions and Loyalty Addition, if any, shall be payable.
    • Where "Sum Assured an Death" is defined as the higher of
      • 7 times of annualised premium or
      • 125% Basic Sum Assured
    • This death benefit ( as defined above ) shall not be less than 105% of total premiums ( exclude taxes, extra premium and Rider premiums, if any ) paid as on date of death.
  • Survival Benefit On the life assured surviving to each of the specified durations during the policy term, a fixed percentage of Basic Sum Assured shall be payable. The fixed percentage for various policy terms is as below:
    • For policy term 14 years : 30% of Basic Sum Assured an each of 10th and 12th policy anniversary
    • For policy term 16 years : 35% of Basic Sum Assured on each of 12th and 14th policy anniversary
    • For policy term 18 years : 40% of Basic Sum Assured an each of 14th and 16th policy anniversary
    • For policy term 20years : 45% of Basic Sum Assured on each of 16th and 18th policy anniversary
  • Maturity Benefit : On the life assured surviving to the end of the policy term , ”Sum Assured on Maturity” along with accrued Guaranteed Additions and Loyalty Addition, if any, shall be payable
  • Where “Sum assured on maturity” is as under
    • For policy term 14 years : 40% of Basic Sum Assured
    • For policy term 16 years : 20% of Basic Sum Assured
    • For policy term 20 years : 10% of Basic Sum Assured
  • Guaranteed Additions : Provided the policy is inforce, a Guaranteed Addition at the rate of Rs.50 per thousand Basic Sum Assured for the first five years and Rs.55 per thousand Basic Sum Assured from 6th policy year till the end of premium have been paid. In case the premiums are not duly paid, the Guaranteed Additions shall cease to accrue under a policy.

Product Summary :
This is a regular premium paying Non-linked, With-Profits, Endowment Assurance plan. This plan shall be available to standard lives only without any medical examination and the total Sum Assured under all the policies issued to an Individual under this plan shall not exceed Rs, 2 lacs.

Policy Benefits :

  • On Death : On death of the Life Assured during the policy term Sum Assured on Death shall be payable, which is the highest of
    • Basic Sum Assured; or
    • 10 times of annualized premium; or
    • 105% of all the premiums paid as on date of death.
  • The premium mentioned above excludes taxes, extra premium and rider premiums, if any. In addition to the above, Loyalty Addition, if any, shall also be payable if death occurs after completion of 5th policy year.
  • On Survival : On survival to the end of the policy term Basic Sum Assured along with Loyalty Addition, if any ,shall be payable.
  • Surrendered Value : The policy can be surrendered at any time during the policy term provided at least three full years premiums have been paid.
  • Guaranteed Surrender Value : The Guaranteed Surrender Value shall be a percentage of total premiums paid ( net of taxes ) excluding any extra premiums and premiums for riders, if opted for.This percentage will depend on the policy term and policy year in which the policy is surrendered.
  • Loan : Loan facility is available under this plan,after payment of premiums for at least 3 full years subject to following conditions :
    • The maximum loan as a percentage of surrender value shall be 70percent in case of inforce policies and 60percent in case of paid-up policies.
    • The rate of interest to be charged for the loan amount would be determined from time to time by the Corporation.
  • Income Tax Benefit : Premium paid under this plan is eligible for TAX rebate under section 80C. Maturity under this plan is free under sec 10(10D).

Product Summary :
New Jeevan Nidhi (818) Plan is a with profits pension plan which provides for death cover during the deferment period and offers annuity on survival to the date of vesting.

Policy Benefits :

  • On Death : Death during first five policy year : Sum Assured + Guaranteed Addition
    • Death after first five policy year : Sum Assured + Guranteed Addition + Vested Bonus + FAB if any.
  • On Vesting : On Vesting Basic Sum Assured + FAB if any.
    • Option On Vesting : Get 1/3rd amount as commutation and Buy Jeevan Akshay policy of Balance amount increased by 3%
      • Buy Jeevan Akshay of Full vesting amount increased by 3%.
      • Buy Jeevan Nidhi Single Premium.
  • Surrendered Value : Single Premium : The Policy can be surrended at any time duting the deferment Period (term).
  • Regular Premium : Term less than 10 : After at least 2 full years premium have been paid
    Term 10 or More : After atleast 3 full years premiums have been paid.
  • Loan : No loan facility will be available under this plan.
  • Income Tax Benefit :
    • On Premiums : u/s 80C
    • Commutation Tax free : u/s 10(10A)iii
    • Death claim Tax free : u/s 10(10D)
    • Pension : Taxable.

Product Summary :
Jeevan Akshay VI (189) is an immediate annuity plan that can be bought by paying a lump sum as Single Premium. Pension will start immediately after buying the policy. Various options are available for the type and mode of payment of annuities. But once chosen, it cannot be changed.

Policy Benefits :

  • On Death : Under option (i) - payment of annuity ceases.
    • Under option (ii)
      • i. On death during the guarantee period - annuity is paid to the nominee till he end of the guaranteed period after which the same ceases.
      • ii. On death after the guarantee period – payment of annuity ceases.
    • Under option (iii) - payment of annuity ceases and the purchase price is returned to the nominee.
    • Under option (iv) - payment of annuity ceases.
    • Under option (v) - payment of annuity ceases and 50% of the annuity is paid to the surviving named spouse during his/her life time. If the spouse predeceases the annuitant, nothing is payable after the death of the annuitant.
    • Under option (vi) - payment of annuity ceases and 100% of the annuity is paid to the surviving named spouse during his/her life time. If the spouse predeceases the annuitant, nothing is payable after the death of the annuitant.
    • Under option (vii) - payment of annuity ceases and 100% of the annuity is paid to the surviving named spouse during his/her life time and purchase price is returned to the nominee after the death of the spouse. If the spouse predeceases the annuitant, the annuity ceases and purchase price is paid to the nominee. The amount of annuity shall be assured throughout the period for which it is payable.
  • Surrendered Value : Jeevan Akshay VI (189) is an immediate annuity plan that can be bought by paying a lump sum as Single Premium. Pension will start immediately after buying the policy. Various options are available for the type and mode of payment of annuities. But once chosen, it can not be changed.
  • Loan : No loan will be available under the policy.
  • Income Tax Benefit : Premium paid under this plan is eligible for TAX rebate under section 80C. Pension that is received is taxable.

Product Summary :
New Jeevan Nidhi (818) Plan is a conventional with profits pension plan which provides for death cover during the deferment period and offers annuity on survival to the date of vesting.

Policy Benefits :

  • On Death : Death during first five policy year : Sum Assured + Guaranteed Addition
    • Death after first five policy year : Sum Assured + Guranteed Addition + Vested Bonus + FAB if any.
  • On Vesting : On Vesting Basic Sum Assured + FAB if any.
    • Option On Vesting : Get 1/3rd amount as commutation and Buy Jeevan Akshay policy of Balance amount increased by 3%
      • Buy Jeevan Akshay of Full vesting amount increased by 3%.
      • Buy Jeevan Nidhi Single Premium.
  • Surrendered Value : Single Premium : The Policy can be surrended at any time duting the deferment Period(term).
  • Regular Premium : Term less than 10 : After at least 2 full years premium have been paid
    Term 10 or More : After atleast 3 full years premiums have been paid.
  • Loan : No loan facility will be available under this plan.
  • Income Tax Benefit :
    • On Premiums : u/s 80C
    • Commutation Tax free : u/s 10(10A)iii
    • Death claim Tax free : u/s 10(10D)
    • Pension : Taxable.

Product Summary :
Jeevan Pragati (838) is a non-linked, with profits Endowment Assurance Plan wherein the risks cover automatically increases after every five years during the term of the policy.

Policy Benefits :

  • On Death : Sum Assured + Vested Bonus + FAB if any.Where S.A. on Death is defined as the higher of
      • 10 times of Annualized Premium, OR
      • Absolute amount assured to be paid on death, which is as under:
    • During first five policy years : 100% of the Basic S.A.
    • During 6th to 10th policy years : 125% of the Basic S.A.
    • During 11th to 15th policy years : 150% of the Basic S.A.
    • During 16th to 20th policy years : 200% of the Basic S.A.
  • On Survival : On survival Basic Sum Assured + Vested Bonus + FAB if any.
  • Surrendered Value : The Policy can be surrendered at any time during the policy term provided at least 3 full years premiums have been paid.
  • Loan : Loan Facility is available under this plan, after payment of premiums for at least 3 full years.
  • Income Tax Benefit : Premium paid under this plan is eligible for TAX rebate under section 80c. Maturity under this plan is free under sec 10(10D).

Product Summary :
Limited Premium Endowment Plan (830) is a limited premium paying conventional With-Profits Endowment Assurance Plan.

Policy Benefits :

  • On Death : 125% of Basic Sum-Assured,OR 10 times of Annualized Premium, OR 105%of all Premiums paid as on death, WHICHEVER IS HIGHER.
  • On Survival : On survival Basic Sum-Assured + Revisionary Bonus + Final Additional Bonus.
  • Surrendered Value : The Policy can be surrendered at any time during the policy term provided at least two full years premiums have been paid.
  • Loan : Loan Facility is available under this plan, after payment of premiums for at least 2 full years.
  • Income Tax Benefit : Premium paid under this plan is eligible for TAX rebate under section 80C. Maturity under this plan is free under sec 10(10D).

Product Summary :
Amulya Jeevan 2 plan number 823 is a regular premium paying conventional without profit pure protection plan.

Policy Benefits :

  • On Death : On death of the Life Assured during the policy term Sum Assured shall be payable.
  • On Survival : On survival to the end of the policy term, no benefits shall be payable.
  • Surrendered Value : No surrender value will be available under this plan.
  • Loan: No loan will be granted under this plan.
  • Income Tax Benefit : Premium paid under this plan is eligible for Tax rebate under section 80C.

Unique Selling Point of LIC’s Nivesh Plus

  • Market linked returns along with insurance coverage with a one time premium
  • Flexibility :
    • Option to choose Basic Sum Assured as per insurance need vis a vis invest need trade off of investor from 1.25 times of S.P or 10 times of S.P
    • Option to choose between any 4 funds based on risk profile
    • Switch between any 4 funds with 4 switches allowed free of charge during a given policy year which policyholder can utilize according to market or interest rate volatility to maximize returns
    • Facility to partially withdraw the units at any time after the fifth policy anniversary subject to certain conditions and charges.
    • Settlement Option : Option available to receive the death proceeds in installments.
    • Option to opt for Accidental Death benefit Rider
    • Option to purchase both online and offline
  • Transparency :
    • All the charges on policy like premium allocation charges. Mortality charges, Fund Management charges etc. are declared in advance to increase transparency
    • Issue of Unit Statement-Periodical statement of accounts to be issued to policyholders each year disclosing the actual charges levied and the fund value at the beginning and end of the year.
  • Low Premium Allocation charges- For Offline sale it is 3.30%, for online sale only 1.50%
  • Mortality charge - During the policy term mortality charge will depend upon the Sum at Risk i.e the difference between the B.S.A and Unit Fund Value as on the date of deduction of charge, after deduction of all other charges ad shall be deducted only if, the BSA is more than the unit fund value on the date of deduction.
  • No policy administration charge under the plan.
  • Guaranteed Additions - G.A as a percentage of SP shall be added to the Unit Fund on completion of specific duration of policy years.
  • Nil Bid/Offer spread.
  • Liquidity -
    • Partial withdrawal
    • Surrender
  • Assignment allowed under the plan.

Unique Selling Point of LIC’s SIIP

  • Market linked returns through systematic investment along with insurance coverage with Yearly / Half yearly / Quarterly and Monthly ( NACH ) mode of payment.
  • Lower Basic SA for higher age - 7 times of Annualised Premium for age 55 years and above ( 10 times for Ages below 55 years ) resulting in higher investible amount with probability of more investment returns
  • Flexibility :
    • Option to choose between any 4 funds based on risk profile
    • Switch between any 4 funds with 4 switches allowed free of charge during a given policy year according to market or interest rate volatility to maximize returns
    • Facility to partially withdraw the units at any time after the fifth policy anniversary provided all due premiums till date of partial withdrawal have been paid subject to certain conditions and charges.
    • Settlement Option : Option available to receive the death proceeds in installments
    • Option to opt for Accidental Death benefit Rider
    • Option to purchase both online and offline
  • Transparency
    • All the charges on policy like premium allocation charges. Mortality charges, Fund Management charges etc. are declared in advance to increase transparency
    • Issue of Unit Statement - Periodical statement of accounts to be issued to policyholders each year disclosing the actual charges levied and the fund value at the beginning and end of the year,
  • Low Premium Allocation charges - For Offline sale it is 5% in lst year, 5.50% from 2nd to 5th year and 3% thereafter. , for online sale it is 3% in 1st year, 2% in 2nd to 5th year and 1% thereafter.
  • Mortality charge - During the policy term mortality charge will depend upon the Sum at Risk which shall be the highest of a) BSA in case of in force policies, or Paid up S.A in case of reduced paid up policies b) Unit Fund Value c) 105% of total premium received less Unit Fund Value,
  • Refund of Mortality charge - Provided all due premiums under the policy have been paid, on LA surviving the stipulated Date of Maturity, an amount equal to the total amount of mortality charges deducted in respect of life insurance cover shall be payable along with maturity benefit.
  • No policy administration charge under the plan.
  • Guaranteed Additions - G.A as a percentage of Annualised Premium shall be added to the Unit Fund on completion of specific duration of policy years.
  • Nil Bid Offer spread,
  • Liquidity -
    • Partial withdrawal
    • Surrender
  • Discontinued policy Fund if the policy is discontinued during the 5 years lock in period and reduced paid up policy if the policy is discontinued after a grace period of 5 years lock in period with an option revive the policy during the revival period of 3 years.
  • Assignment allowed under the plan.
  • Unique Agency Commission with higher commission rate for higher premium band and longer durations. Bonus commission at the rate of 40% of FYC. Development Officers credit is 20% of FYP.

Product Summary :
Anmool Jeevan 2 plan number 822 is a regular premium paying conventional without profit pure protection plan.

Key Benefits :

  • On Death : On death of the Life Assured during the policy term Sum Assured shall be payable.
  • On Survival : On survival to the end of the policy term, no benefits shall be payable.
  • Surrendered Value : No surrender value will be available under this plan.
  • Loan : No loan will be granted under this plan.
  • Income Tax Benefit : Premium paid under this plan is eligible for tax rebate under section 80C.

Product Summary :
JEEVAN AMAR plan number 855 is a Non-Linked, Without Profit, pure protection plan. Under this plan there is flexibility to choose from two death benefit options which is - Level Sum Assured and Increasing Sum Assured. Under this plan, there are two categories of premium rates which is :

  • Non-Smoker rates
  • Smoker rate

Policy Benefits :

  • On Death : On death of the Life Assured during the policy term Sum Assured on Death shall be payable.
    • For Regular premium and Limited premium payment policy, Sum Assured on Death is defined as the highest of:
      • 7 times of annualised premium; or
      • 105% of all the premiums paid as on the date of death; or
      • Absolute amount assured to be paid on death.
    • For Single premium policy, Sum Assured on Death is defined as the higher of:
      • 125% of Single Premium.
      • Absolute amount assured to be paid on death.
    • Absolute amount assured to be paid on death shall depend on Death Benefit Option chosen at the time of taking this policy and is as under :
      • Option 1 : Level Sum Assured : Absolute amount assured to be paid on death shall be an - amount equal to Basic Sum Assured, which shall remain the same throughout the policy term.
      • Option 2 : Increasing Sum Assured : Absolute amount assured to be paid on death shall remain equal to Basic Sum Assured till completion of fifth policy year. Thereafter, it increases by 10% of Basic Sum Assured each year from the sixth policy year till fifteenth policy year till it becomes twice the Basic Sum Assured.
      • This increase will continue under an inforce policy till the end of policy term; or till the Date of Death; or till the fifteenth policy year, whichever is earlier. From sixteenth policy year onwards, the Absolute amount assured to be paid on death remains constant i.e. twice the Basic Sum Assured, till the policy term ends. The option once chosen cannot be altered subsequently.
  • On Survival : On survival to the end of the policy term, no benefits shall be payable.
  • Surrendered Value : No surrender value will be available under this plan. However on surrender of policy in the following cases ( for both Level Sum Assured ( Option | ) as well as Increasing Sum Assured ( Option II ) options ), an amount shall be refunded as per underwriting terms. ( For more details contact branch office )
  • Loan : No loan will be granted under this plan.
  • Income Tax Benefit : Premium paid under this plan is eligible for tax rebate under section 80C.

Key Benefits :

  • Pension Benefit : On survival of the pensioner during the policy term, Amount of Pension Instalment as mentioned in the Schedule shall be payable in arrears ( at the end of cach period as per the mode chosen ), This benefit shall cease on death of the Pensioner.
    Total amount of purchase price under all the policies under this plan, and all the policies taken under Pradhan Mantri Vaya Vandana Yojana ( with UIN 512G311VO1 and UIN: 512G311V02 ) allowed to a senior citizen shall not exceed Rs. 15 lakhs.
  • Death Benefit : On death of the Pensioner during the policy term, the Purchase Price shall be refunded to the beneficiary.
  • Maturity Benefit : On Pensioner surviving to the stipulated Date of Maturity, the Purchase Price along with the final pension installment shall be refunded to the pensioner.

Benefits :

  • Make one time investment and get Guaranteed life long income.
  • 9 different annuity options to choose from to suit every need and circumstance.
  • Option to choose either Immediate Annuity or postpone it to a future date as Deferred Annuity.
  • Annuity rates are guaranteed from inception of the policy.
  • Guaranteed additions during deferment period.
  • This policy can be taken on own life or as joint life with grandparent, parent, children, grandchildren, spouse or siblings.
  • Loan Available : Loan facility shall be available after completion of 1 policy year.
  • Surrender Allowed : The policy can be surrendered at anytime after three months from the completion of policy when Annuity Option is with return of purchase price.
  • Free look Period : If the Policyholder is not satisfied with the “Terms and Conditions” of the policy, the policy may be returned to the Corporation within 15days.
  • Option to take the plan for the benefit of handicapped dependant ( Divyangjan ) life

Product Summary :
New Childrens Money Back Plan is a non-linked, with-profits, regular premium payment money back plan.

Policy Benefits :

  • On Death
    • On death Before the Date of Commencement of Risk : An amount equal to the total amount of premiums paid excluding taxes, extra premium and rider premium, if any shall be payable.
    • On death After the Date of Commencement of Risk : Death Benefit, defined as sum of Sum Assured on Death and vested Simple Revisionary Bonuses and Final Additional Bonus, if any, shall be payable. Where Sum Assured on Death is defined as higher of 7 times of annualized premium or Absolute amount assured to be paid on death i.e. Basic Sum assured. This death benefit shall not be less than 105% of the total premiums paid as on date of death.
  • On Survival : If Policy in full force :
    • Completion Age 18YRS - 20% OF MSA
    • Completion Age 20YRS - 20% OF MSA
    • Completion Age 22YRS - 20% OF MSA
    • On Maturity at Age 25YRS - 40% of MSA + Vested Bonus + FAB
  • Surrendered Value : The policy can be surrendered at any time during the policy term provided premiums have been paid for full two years.
  • Loan:Loan facility is available under this plan after the payment of premiums for at least two full years.
  • Income Tax Benefit : Premium paid under this plan is eligible for tax rebate under section 80C. Maturity under this plan is free under sec 10(10D).

Non-Linked, Non Participating, Individual, Life Insurance Pure Risk Premium Product

We all want to ensure that our loved ones are never short in terms of financial resources to live the life of their dreams. We all want & need to make sure that come what may, the standard of living of our loved ones is never compromised. We also want to ensure that the burden of our debts & loans does not become a burden for them & their happiness.

For all of the above to happen, we need to ensure that the income for our family is protected. And the best way to do that is through a "Pure Term" Insurance Plan. Tata AIA Life Insurance Maha Raksha Supreme is that solution that provides a wide range of choices to fulfill your family's specific needs of financial protection.

Key Benefits

  • Life Cover up to Age 85 or option for Whole Life coverage ( till age 100 years )
  • Inbuilt Payout Accelerator Benefit that advances 50% of Basic Sum Assured in event of a Terminal Illness diagnosis
  • Increase in cover at future milestone events in your life with Life Stage Plus Option, without the hassles of fresh medical underwriting
  • Pay only once, for a limited period or throughout the policy term
  • Option to enhance protection through rider1
  • Discount on rates for customers opting for higher level of protection
  • Discounted rates for female lives and Standard premium rates for non-smokers
  • Tax benefits as per applicable tax laws

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

One of our key priorities is to ensure that our loved ones are never wanting in terms of financial resources to live the life of their dreams. We want to protect their standard of living as well as ensure that any unfortunate event does not place on their shoulders the burden of our debts & loans.

Presenting the Tata AIA Life Insurance iRaksha TROP, a plan that is the ideal solution to provide a strong 'foundation' to protect the income of our loved ones. Tata AIA Life Insurance iRaksha TROP not only ensures peace of mind due to financial protection provided to your family during the term of the policy but also return the Total Premiums Paid at the end of the Policy Term.

Key Benefits :

  • Dual benefits of financial protection and Return of Premium1 in case of survival till maturity
  • Life cover for up to 40 years or up to age 100
  • Choice of Single, Regular or Limited premium payment term
  • Lower rates for female lives and standard rates for non-smokers
  • Discount on rates for customers opting for higher level of protection
  • Enhance your protection with Optional Rider2
  • Tax Benefits as per Income-Tax Act, 1961

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

We, at Tata AIA Life, believe in protecting your dreams at various stages of life without compromising on your basic needs through financial resources. You do not have to think twice to live your dreams as they now come with guaranteed payouts*.

We present to you, Tata AIA Life Guaranteed Return Insurance Plan to meets tomorrow's requirements along with protecting your loved ones and dreams as it ensures you of guaranteed returns.

This plan helps you fulfill your medium to long term goals such as Child's Education/ Marriage or Retirement planning etc.

Guaranteed Return Insurance Plan Key Features :

  • Flexibility to choose Plan Option : Endowment, Regular Income or Whole Life Income
  • Life cover for the financial protection of your loved ones
  • Guaranteed Additions1 to boost corpus year on year under Endowment Option
  • Flexibility to cover your spouse in same policy under Whole Life Income Option
  • Choice of Policy Term with limited Premium Payment Term
  • Enhance your protection with optional Riders