Tata AIA Life Insurance plans

Tata AIA Life Smart Pension Insurance

As you venture into retirement, you enter another period of life, one that ought to be loose and effortless. Following quite a while of striving to put something aside for your fantasies, you at long last will carry on with the existence you have consistently envisioned. You can take an all-encompassing get-away and venture to the far corners of the planet, or commit your chance to seeking after each one of those pastimes you were constantly keen on, or you can even spend numerous cheerful years gaining experiences with your loved ones.
Retirement plans help you make every one of these fantasies work out as expected, by permitting you to appreciate a constant flow of pay even after you resign. Plan for your brilliant years with the Tata AIA Life Insurance Smart Annuity Plan..
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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 Smart Pension Overview

  • Key Benefits
  • Eligibility

Key benefits of Tata AIA Life Smart Pension

  • Large Sum Assured discount for Higher Coverage
  • Enhance your protection with Optional ADDL Rider

Eligibility criteria of Tata AIA Life Smart Pension

Entry Age 18 years to 50 years
Plan Options Only Option 1 is available Sum Assured on Death payable on death
Minimum Sum Assured 3,00,00,000
PPT Options 5/10/12 Years
Long Term Coverage Life Cover till age 85 or till age 100 (whole life)

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