Table of Contents
- 1 What is the income frequency in diamond saving plan?
- 2 How can I cancel my Tata AIA policy?
- 3 What is the basic sum assured in diamond saving plan?
- 4 How reliable is TATA AIA?
- 5 Is Tata AIA Value income plan?
- 6 What is money back plus plan by Tata AIA?
- 7 What is the guaranteed income amount in Tata AIA smart income plus?
What is the income frequency in diamond saving plan?
For a 15-year policy with a 5-year premium payment term, the income term is 10 years. For a 15-year policy with a 6-year premium payment term, the income term is 9 years.. For an 18-year policy with a 8-year premium payment term, the income term is 10 years.
What is the maximum entry age in diamond saving plan?
Eligibility Criteria
| Plan Parameters | Minimum | Maximum |
|---|---|---|
| Age at Entry (years)^ | 0 | 50 |
| Age at Maturity (years)^ | 18 | 75 |
| Premium1 (in Rs. in multiples of 1000) | 18,000 p.a. | No Limit (subject to underwriting policy |
| Premium Payment Mode | Annual/ Half-yearly/ Quarterly/ Monthly |
How can I cancel my Tata AIA policy?
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 or write to us at [email protected].
Which is the best plan of Tata AIA?
TATA AIA Life Insurance Maha Life Supreme Plan
| Minimum | Maximum | |
|---|---|---|
| Premium amount | Option A – Rs.15, 000 Option B – Rs.20, 000 | No limit |
| Sum Assured | 10 times the annual premium | |
| Premium Payment Term | Option A – 15 years Option B – 12 years | |
| Premium Paying Frequency | Yearly, half-yearly, quarterly or monthly |
What is the basic sum assured in diamond saving plan?
Absolute amount assured to be paid on death is “Basic Sum Assured”. Where, Basic Sum Assured is 11 Times of Annualised Premium. “Total Premiums Paid” means amount equal to the total premiums paid during the premium payment term of the Policy.
Is TATA AIA good company?
TATA AIA is a good in service. An insurance advisor has suggested this company to apply. I have taken this policy on one year before. The premium amount is used to pay on yearly basis and the amount is nominal.
How reliable is TATA AIA?
TATA AIA Amazing plans The range of plans are very cheap and with great benefits as compared to other insurance company. The claim settlement ratio is 97 \% The customer service and staff attitude is very polite towards customer.
Which company is best for term plan?
Term insurance can help an individual ensure financial security of their family. Hence it is very important to choose an insurance company whom you fully rely on….Best Term Insurance Companies in India.
| Term Insurance Company | Claim Settlement Ratio (2019-20) |
|---|---|
| Kotak Life Insurance | 96.38\% |
| Future Generali Life Insurance | 95.28\% |
| SBI Life Insurance | 94.52\% |
Is Tata AIA Value income plan?
With the Tata AIA Life Insurance Value Income Plan, you can secure the future of your loved ones, and take care of your financial commitments comfortably. Choose this plan and experience the double benefits of a life insurance cover, coupled with an element of guaranteed returns.
What is Tata AIA Life Insurance Diamond savings plan?
Tata AIA Life Insurance Diamond Savings Plan: This is a non-linked, participating life insurance plan that guarantees income on completion of the premium payments. Policyholders are entitled to receive revisionary and terminal bonuses on death or maturity of the plan. Riders can be added to enhance the protection of the policy.
What is money back plus plan by Tata AIA?
Tata AIA Life Insurance Money Back Plus Plan: This is a non-linked participating endowment assurance plan that provides coverage throughout the term of the policy. The plan provides a guaranteed inflow of cash on a regular basis. Policyholders have the flexibility of choosing from a number of premium payment term options.
What is tatatata AIA fortune guarantee plan?
Tata AIA Life Insurance Fortune Guarantee Plan: This is a non-linked, non-participating endowment insurance plan that provides the policyholder with a guaranteed maturity benefit. The plan comes with a flexible tenure and premium payment term.
What is the guaranteed income amount in Tata AIA smart income plus?
The guaranteed income amount begins at 12\% of the basic sum assured. Tata AIA Life Insurance Smart Income Plus: This plan is a non-linked, non-participating, endowment assurance plan that provides the policyholder with the option of choosing between a regular income plan or an endowment plan.