Option of Investment Strategies like :
- Systematic Money Allocation & Regular Transfer Investment (SMART) – systematic transfer to optimize returns during market volatility
- Automatic Asset Allocation (AAA) - fund allocation in predetermined debt and equity mix as per your age
* depending on the policy term and provided the policy is in force
Eligibility
|
Minimum Issue age
|
0 years (30 days)
|
|
Maximum Issue age
|
60 years
|
|
Maximum Maturity Age
|
70 years
|
|
Policy Term
|
10/15/20/25/30 years
|
|
Premium Type
|
Single
|
|
Minimum Premium
|
Rs. 25,000
|
|
Minimum Sum Assured
|
1.1 times the Single premium
|
|
Maximum Sum Assured
|
5 times the Single
premium
|
Riders
- Choose from 3 available riders for added protection at a nominal extra charge - Tata AIG Life Accidental Death Benefit (ADB) Rider (UIN: 110C003V01), Tata AIG Life Accidental Death and Dismemberment (Long Scale) (ADDL) Rider (UIN: 110C004V01), Tata AIG Life Critical Illness (Lump sum Benefit) Rider (UIN: 110C012V01)
Tax Benefits
- Premiums paid under this plan are eligible for tax benefits under section 80C of the Income Tax Act, 1961. Moreover, life insurance proceeds enjoy tax benefits as per section 10(10D) of the said Act. Please consult your tax advisor for more details.
