- A term policy that also returns the premiums paid at the end of 20 years – guaranteed*
- Life cover for 20 years - Upon your unfortunate death at any time during the 20-year term, the Plan pays the Sum Assured to your loved ones
- Premiums are payable only for the first 15 years
- In case of an accidental death, double of the sum assured will be paid
* excluding service tax & rider premium
Riders
- Tata AIG Life Accidental Death & Dismemberment Short Scale (UIN: 110C004V01) can be attached at a nominal extra cost.
Eligibility
- Policy is available for persons between 18 and 60 years of age
- Minimum Sum Assured : Rs. 1,00,000
- Premium payment mode : monthly, quarterly, semi-annual, annual
- Minimum Premium
| Monthly |
Quarterly |
Semi-annual |
Annual |
|
Rs.500 |
Rs.1000 |
Rs.2000 |
Rs.4000 |
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.
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