Key Features

The Sum Assured can be structured in the following manner:

• The benefit can be a flat sum assured (e.g. Rs. 2,00,000 Sum Assured for each insured member) or,
• The benefit can be graded according to job status (e.g. Rs. 5,00,000 Sum Assured per insured member for Senior Managers, Rs. 3 ,00,000 Sum Assured per insured member for Junior Managers) or,
• The benefit can be a multiple of salary (e.g. Sum Assured per insured member equivalent to 3 times his/her Cost to Company).

Riders can be added to this product. For rider details and other terms and conditions please refer to the sales brochure.

For any Corporate Solutions query please write to
csindia@tata-aig.com
OR
Corporate Solutions Service Desk
Tata AIG Life Insurance Company Ltd.
Delphi - B Wing, 2nd Floor, Orchard Avenue,
Hiranandani Business Park, Powai,
Mumbai - 400076.

Key Benefits

• Terminal Illness Benefit: In the event of an Insured employees diagnosis with a terminal illness that can reduce the life expectancy, the policy offers advance payment of part of the sum insured to the insured employee.
• Death Benefit: In case of unfortunate death of the insured employee due to accident, illness or natural causes, the policy provides a lump sum payment to the nominated beneficiary. Cover applies worldwide 24-hours a day
• Tax Benefits: All premiums paid under this policy are eligible for tax benefits as per the Income Tax Act, 1961, and are subject to modifications made thereto from time to time*

*Please consult your own tax consultant to know the tax benefit available to you.
Exclusions:
Suicide: If the insured member, whether sane or insane, commits suicide within one year from his/her effective date of coverage, the death benefit will be limited to a refund of premiums paid for that insured member without interest