Grip Leaflet Latest
Grip Leaflet Latest
Grip Leaflet Latest
THE FUTURE
With the new Guaranteed
Return Life Insurance plan
Reasons to Buy
Tax Benefit
Guaranteed Flexibility to choose Flexible Premium
u/s 80C and
Returns1 your plan Payment
10(10D)^
Conditions apply
1
GET A GRIP ON
THE FUTURE
With the new Guaranteed
Return Life Insurance plan
Reasons to Buy
40 year old
male pays
R 1 Lakh p.a.# R 23,15,000
for just 10 years
You Pay You Get
Maturity benefit at
r 10,00,000# the end of 20th year
Sample Illustration:
Eligibility Criteria:
Premium Payment Term Policy Term Min. Entry Age* Max. Entry Age*
Premium Payment Term (PPT)/ 5 10 8 60
Policy Term (PT)/ Min/Max Entry
Age (Age as on last birthday) 6 12 6 60
10 20 0 55
Basic Sum Assured “Basic Sum Assured” shall be equal to the Death Benefit Multiple x 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 customercare@tataaia.com. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888.
BEWARE OF SPURIOUS/ IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls
FRAUD PHONE CALLS! are requested to lodge a police complaint.
GET A GRIP ON
THE FUTURE
With the new Guaranteed
Return Life Insurance plan
Reasons to Buy
Sample Illustration:
Eligibility Criteria:
Premium Payment Term Policy Term Min. Entry Age* Max. Entry Age*
Premium Payment Term (PPT)/
Policy Term (PT)/ Min/Max Entry 10 11 7 55
Age (Age as on last birthday) 12 13 5 55
Basic Sum Assured “Basic Sum Assured” shall be equal to the Death Benefit Multiple x 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 customercare@tataaia.com. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888.
BEWARE OF SPURIOUS/ IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls
FRAUD PHONE CALLS! are requested to lodge a police complaint.
GET A GRIP ON
THE FUTURE
With the new Guaranteed
Return Life Insurance plan
Reasons to Buy
Eligibility Criteria:
Min Entry Age* 45 years
Max Entry Age* 65 years
Policy Term 5 years
Premium Payment Term 5 years
Single/Joint Life Single/Joint Life
Guaranteed Annual Income (GAI)^^ Annual/Monthly mode
Basic Sum Assured “Basic Sum Assured” shall be equal to the Death Benefit Multiple x Annualised Premium.
Optional Rider/s3 Tata AIA Life Insurance Accidental Death and Dismemberment (Long Scale) (ADDL)
Rider (UIN:110B028V03) • Tata AIA Life Insurance Waiver of Premium Plus (WOPP) Rider
(UIN: 110B029V02)
*All references to age is as on last birthday
Disclaimers: • 1A Guaranteed Annual Income (GAI) defined as a percentage of Total Premiums Paid shall commence from the end of the 6th policy year and shall be payable
until the death of the Insured. • ^^The Policyholder may also opt to receive the GAI on monthly basis payable at the end of the each month after the Date of Maturity of Policy.
3
Tata AIA Life Insurance Accidental Death and Dismemberment (Long Scale) (ADDL) Rider (UIN: 110B028V03) & Tata AIA Life Insurance Waiver of Premium Plus (WOPP) Rider
(UIN: 110B029V02) are available under this plan. Riders are not mandatory and are available only with Single Life for a nominal extra cost. For more details on the benefits,
premiums and exclusions under the rider please refer to the Rider Brochure or contact our Insurance Advisor /Intermediary or visit our nearest branch office. • ^Tax benefits would
be available as per the tax laws, subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company
Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.
• #All Premiums, Charges, and interest payable under the policy are exclusive of applicable taxes, duties, surcharge, cesses or levies which will be entirely borne/paid by the
Policyholder, in addition to the payment of such Premium, charges or interest. Tata AIA Life shall have the right to claim, deduct, adjust, and recover the amount of any applicable
tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy. • These products are underwritten by Tata AIA Life Insurance
Company Limited. • Buying a Life Insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may
be less than the total premium paid. • For more details on risk factor, terms and conditions under the product, please read Sales brochure carefully before concluding a sale. •
To know the exact details of premium and benefits under plan please go through the benefit illustration as provided to you. • Insurance cover is available under this product. •
This plans is not a guaranteed Issuance plan and it will be subject to Company's underwriting and acceptance. • In case of non-standard lives and on submission of
non-standard age proof, extra premiums will be charged as per our underwriting guidelines. • UIN: 110N152V06 • L&C/Advt/2020/Feb/231.
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 customercare@tataaia.com. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888.
BEWARE OF SPURIOUS/ IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls
FRAUD PHONE CALLS! are requested to lodge a police complaint.
GET A GRIP ON
THE FUTURE
With the new Guaranteed
Return Life Insurance plan
Reasons to Buy
Eligibility Criteria:
Min Entry Age* 45 years
Max Entry Age* 65 years
Policy Term 10 years
Premium Payment Term 10 years
Single/Joint Life Single / Joint Life
Guaranteed Annual Income (GAI)^^ Annual/Monthly mode
Basic Sum Assured “Basic Sum Assured” shall be equal to the Death Benefit Multiple x Annualised Premium.
Optional Rider/s 3
Tata AIA Life Insurance Accidental Death and Dismemberment (Long Scale) (ADDL) Rider
(UIN:110B028V03) • Tata AIA Life Insurance Waiver of Premium Plus (WOPP) Rider
(UIN: 110B029V02)
*All references to age is as on last birthday
Disclaimers: • 1A Guaranteed Annual Income (GAI) defined as a percentage of Total Premiums Paid shall commence from the end of the 11th policy year and shall be payable
until the death of the Insured. • ^^The Policyholder may also opt to receive the GAI on monthly basis payable at the end of the each month after the Date of Maturity of Policy. •
3
Tata AIA Life Insurance Accidental Death and Dismemberment (Long Scale) (ADDL) Rider (UIN: 110B028V03) & Tata AIA Life Insurance Waiver of Premium Plus (WOPP) Rider
(UIN: 110B029V02) are available under this plan. Riders are not mandatory and are available only with Single Life for a nominal extra cost. For more details on the benefits,
premiums and exclusions under the rider please refer to the Rider Brochure or contact our Insurance Advisor /Intermediary or visit our nearest branch office. • ^Tax benefits would
be available as per the tax laws, subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company
Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.
• #All Premiums, Charges, and interest payable under the policy are exclusive of applicable taxes, duties, surcharge, cesses or levies which will be entirely borne/paid by the
Policyholder, in addition to the payment of such Premium, charges or interest. Tata AIA Life shall have the right to claim, deduct, adjust, and recover the amount of any applicable
tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy. • These products are underwritten by Tata AIA Life Insurance
Company Limited. • Buying a Life Insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may
be less than the total premium paid. • For more details on risk factor, terms and conditions under the product, please read Sales brochure carefully before concluding a sale. •
To know the exact details of premium and benefits under plan please go through the benefit illustration as provided to you. • Insurance cover is available under this product. •
This plans is not a guaranteed Issuance plan and it will be subject to Company's underwriting and acceptance. • In case of non-standard lives and on submission of
non-standard age proof, extra premiums will be charged as per our underwriting guidelines. • UIN: 110N152V06 • L&C/Advt/2020/Feb/231.
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 customercare@tataaia.com. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888.
BEWARE OF SPURIOUS/ IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls
FRAUD PHONE CALLS! are requested to lodge a police complaint.
GET A GRIP ON
THE FUTURE
With the new Guaranteed
Return Life Insurance plan
Reasons to Buy
The above illustration is for a Joint Life where both Life Assureds are of age 50 years, standard life opting for Single Premium and Annual Mode
of Guaranteed Annual Income. The policyholder has the option to receive a commuted value of Guaranteed Annual Income depending on the age
at the time of commutation.
Sample Illustration:
Policy Term Premium Payment Annualised Total Guaranteed Annual Guaranteed Annual
Age
(years) Term (years) Premium# Premium Paid# Income mode Income1 for Joint Life
45 10,00,000 10,00,000 76,660
50 10,00,000 10,00,000 77,990
55 5 Single Premium 10,00,000 10,00,000 Annual 79,720
60 10,00,000 10,00,000 81,350
65 10,00,000 10,00,000 82,965
Policy Term Premium Payment Annualised Total Guaranteed Annual Guaranteed Annual
Age
(years) Term (years) Premium# Premium Paid# Income mode Income1 for Joint Life
45 10,00,000 10,00,000 6,133
50 10,00,000 10,00,000 6,239
55 5 Single Premium 10,00,000 10,00,000 Monthly 6,378
60 10,00,000 10,00,000 6,508
65 10,00,000 10,00,000 6,637
#
The premium shown in the example above is for a standard life where both Life Assureds are of same age and excluding applicable taxes,
cesses & levies. All examples and figures used herein are for understanding purposes only.
Eligibility Criteria:
Min Entry Age* 45 years
Max Entry Age* 65 years
Policy Term 5 years
Premium Payment Term Single Pay
Single/Joint Life Joint Life
Guaranteed Annual Income (GAI)^^ Annual/Monthly mode
Basic Sum Assured “Basic Sum Assured” shall be equal to the Death Benefit Multiple x Annualised Premium.
*All references to age is as on last birthday
Disclaimers: • 1A Guaranteed Annual Income (GAI) defined as a percentage of Total Premiums Paid shall commence from the end of the 6th policy year and shall be
payable until the death of the Insured in case of single life or until the second death in case of joint life under Whole Life Income option. • ^^The Policyholder may also
opt to receive the GAI on monthly basis payable at the end of the each month after the Date of Maturity of Policy. • ^Tax benefits would be available as per the tax laws,
subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume
responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you. • #All Premiums,
Charges, and interest payable under the policy are exclusive of applicable taxes, duties, surcharge, cesses or levies which will be entirely borne/paid by the Policyholder,
in addition to the payment of such Premium, charges or interest. Tata AIA Life shall have the right to claim, deduct, adjust, and recover the amount of any applicable tax
or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy. • These products are underwritten by Tata AIA Life Insurance
Company Limited. • Buying a Life Insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value
payable may be less than the total premium paid. • For more details on risk factor, terms and conditions under the product, please read Sales brochure carefully before
concluding a sale. • To know the exact details of premium and benefits under plan please go through the benefit illustration as provided to you. • Insurance cover is
available under this product. • This plans is not a guaranteed Issuance plan and it will be subject to Company's underwriting and acceptance. • In case of non-standard
lives and on submission of non-standard age proof, extra premiums will be charged as per our underwriting guidelines. • UIN: 110N152V06 • L&C/Advt/2020/Feb/231.
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 customercare@tataaia.com. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888.
BEWARE OF SPURIOUS/ IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls
FRAUD PHONE CALLS! are requested to lodge a police complaint.
GET A GRIP ON
THE FUTURE
With the new Guaranteed
Return Life Insurance plan
Reasons to Buy
The above illustration is for a Single Standard Life opting for Single Premium and Annual Mode of Guaranteed Annual Income. The policyholder
has the option to receive a commuted value of Guaranteed Annual Income depending on the age at the time of commutation.
Sample Illustration:
Policy Term Premium Payment Annualised Total Guaranteed Annual Guaranteed Annual
Age
(years) Term (years) Premium# Premium Paid# Income mode Income1 for Single Life
45 10,00,000 10,00,000 78,675
50 10,00,000 10,00,000 80,213
55 5 Single Premium 10,00,000 10,00,000 Annual 82,125
60 10,00,000 10,00,000 83,938
65 10,00,000 10,00,000 85,963
Policy Term Premium Payment Annualised Total Guaranteed Annual Guaranteed Annual
Age
(years) Term (years) Premium# Premium Paid# Income mode Income1 for Single Life
45 10,00,000 10,00,000 6294
50 10,00,000 10,00,000 6417
55 5 Single Premium 10,00,000 10,00,000 Monthly 6570
60 10,00,000 10,00,000 6715
65 10,00,000 10,00,000 6877
#
The premium shown in the example above for Single standard life is excluding applicable taxes, cesses & levies. All examples and figures used
herein are for understanding purposes only.
Eligibility Criteria:
Min Entry Age* 45 years
Max Entry Age* 65 years
Policy Term 5 years
Premium Payment Term Single Pay
Single/Joint Life Single Life
Guaranteed Annual Income (GAI)^^ Annual/Monthly mode
Basic Sum Assured “Basic Sum Assured” shall be equal to the Death Benefit Multiple x Annualised Premium.
*All references to age is as on last birthday
Disclaimers: • 1A Guaranteed Annual Income (GAI) defined as a percentage of Total Premiums Paid shall commence from the end of the 6th policy year and shall be
payable until the death of the Insured in case of single life or until the second death in case of joint life under Whole Life Income option. • ^^The Policyholder may also
opt to receive the GAI on monthly basis payable at the end of the each month after the Date of Maturity of Policy. • ^Tax benefits would be available as per the tax laws,
subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume
responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you. • #All Premiums,
Charges, and interest payable under the policy are exclusive of applicable taxes, duties, surcharge, cesses or levies which will be entirely borne/paid by the Policyholder,
in addition to the payment of such Premium, charges or interest. Tata AIA Life shall have the right to claim, deduct, adjust, and recover the amount of any applicable tax
or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy. • These products are underwritten by Tata AIA Life Insurance
Company Limited. • Buying a Life Insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value
payable may be less than the total premium paid. • For more details on risk factor, terms and conditions under the product, please read Sales brochure carefully before
concluding a sale. • To know the exact details of premium and benefits under plan please go through the benefit illustration as provided to you. • Insurance cover is
available under this product. • This plans is not a guaranteed Issuance plan and it will be subject to Company's underwriting and acceptance. • In case of non-standard
lives and on submission of non-standard age proof, extra premiums will be charged as per our underwriting guidelines. • UIN: 110N152V06 • L&C/Advt/2020/Feb/231.
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 customercare@tataaia.com. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888.
BEWARE OF SPURIOUS/ IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls
FRAUD PHONE CALLS! are requested to lodge a police complaint.
Disclaimers: • 1Guaranteed Returns/Payouts depend on Plan Option, Policy Term, Premium Payment Term and Age at entry and Gender. • 3Tata AIA Life
Insurance Accidental Death and Dismemberment (Long Scale) (ADDL) Rider (UIN: 110B028V03) & Tata AIA Life Insurance Waiver of Premium Plus (WOPP)
Rider (UIN: 110B029V02) are available under this plan. Riders are not mandatory and are available for a nominal extra cost. For more details on the
benefits, premiums and exclusions under the rider please refer to the Rider Brochure or contact our Insurance Advisor /Intermediary or visit our nearest
branch office. • ^Tax benefits would be available as per the tax laws, subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to
change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere in this document.
Please consult your own tax consultant to know the tax benefits available to you. Please consult your own tax consultant to know the tax benefits available
to you. • #All Premiums, Charges, and interest payable under the policy are exclusive of applicable taxes, duties, surcharge, cesses or levies which will be
entirely borne/paid by the Policyholder, in addition to the payment of such Premium, charges or interest. Tata AIA Life shall have the right to claim, deduct,
adjust, and recover the amount of any applicable tax or imposition, levied by any statutory or administrative body, from the benefits payable under the
Policy. • These products are underwritten by Tata AIA Life Insurance Company Limited. • Buying a Life Insurance policy is a long-term commitment. An
early termination of the policy usually involves high costs and the surrender value payable may be less than the total premium paid. • For more details on
risk factor, terms and conditions under the product, please read Sales brochure carefully before concluding a sale. • To know the exact details of premium
and benefits under plan please go through the benefit illustration as provided to you. • Insurance cover is available under this product. • This plans is not
a guaranteed Issuance plan and it will be subject to Company's underwriting and acceptance. • In case of non-standard lives and on submission of
non-standard age proof, extra premiums will be charged as per our underwriting guidelines. • UIN: 110N152V06 • L&C/Advt/2020/Feb/231.
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 customercare@tataaia.com. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888.
BEWARE OF SPURIOUS/ IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls
FRAUD PHONE CALLS! are requested to lodge a police complaint.