Tata AIA Life Insurance plans

Tata AIA Life Fortune Maxima Investment Plan

Ensuring financial security of your near and dear ones is one of the primary objectives of life. Tata AIA Life Insurance Fortune Maxima, a Unit Linked Individual, Whole of Life Insurance Savings Plan that allows you to fulfill this critical life need with a greater degree of efficiency.
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Tata AIA Life insurance review

Tata AIA Life Insurance plans
Distribution - Number of branches pan India (March 2019)
222
Entry Age Minimum/Maximum (Years) - Term Plans
18/70
Sum Assured Minimum / Maximum - Term Plans
50 lacs / Unlimited
Policy Term Minimum / Maximum (Years) - Terms Plans
10/40
Solvency Ratio (FY 2018-19) *
2.60
Number of Policies Sold (Ind+Group) *
478,182
Number of Lives Covered (Ind+Group) **
927,653
Claims Settlement Ratio (Ind+Group) ***
99.22%
* - As per IRDAI data 2018-19 - The solvency ratio of an insurance company is the size of its capital relative to all the risk it has taken, which is all liabilities subtracted from total assets. In other words, solvency is a measurement of how much the company has in assets versus how much it owes
** - as per L-25 Public Disclosure of Insurance Companies for 2019-20  |  *** - Claims Settlement Ratio = Claims Settled in the year / Claims Reported in the year - as per IRDAI data published

Tata AIA Life Fortune Maxima Plan Overview

  • Key Benefits
  • Eligibility

Key Benefits of Tata AIA Life Fortune Maxima Plan

  • Pay premiums once or for a limited period and get Insurance protection for your entire life
  • Regular Loyalty Additions1 are credited to the policy to boost your investments
  • Flexibility to choose from 11 Fund options for enhanced investment opportunities
  • Option to customize your plan with three additional Unit Deducting Riders2
  • Choice of Enhanced Systematic Money Allocation & Regular Transfer Investment Portfolio Strategy
  • Top-up facility to further augment your portfolio
  • Flexibility of Partial Withdrawals after five policy years to meet your financial needs
  • Tax benefits3 u/s 80C and 10 (10D) of the Income Tax Act, 1961/li>

Eligibility Criteria of Tata AIA Life Fortune Maxima Plan

Minimum Age of Issue (in years) 30 years
Maximum Age of Issue (in years) 60 years
Maximum age at maturity (in years) 100 years

Brochure

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Policy wordings

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CIN: U66000KA2018PTC117713 | IRDAI Web aggregator License Code Number: IRDAI / INT / WBA /53/ 2018, Valid till 07/08/2025