• Tata AIA Life Insurance Savings Plans

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     Tata AIA Life is one of the largest insurance providers in Asia with over 17 markets spread across the Asia Pacific. Life Insurance is a key component of any savings plan. The life insurance products provided by Tata AIA offers a multitude of savings solutions that protect your loved ones in the unfortunate event of your death and provides financial stability for the future. The insurance solutions offered by Tata AIA allows you to provide lifetime financial security for your family and enables you to realise other goals in life such as providing for your child's future, purchasing a home or planning for retirement. 

    Types of Tata AIA Life Insurance Savings Plans

    Below are the types of savings plans offered by Tata AIA Life Insurance

    1. Tata AIA Life Insurance Secure 7 :

      This plan is designed to provide financial security for the future by offering guaranteed returns for the money paid as premiums. The key features and benefits of this plan is that the premiums need to be paid for 7 years after which, at the beginning of the 8th year of the policy, the policyholder will begin to receive guaranteed income provided that all premiums have been paid. The guaranteed income will be received till the end of the 14th year of the policy. Upon the policy reaching maturity, the policyholder will receive 25% of the basic sum assured. This policy also offers the applicable income tax benefits.
    2. Tata AIA Life Insurance MahaLife Supreme :

      This plan from Tata AIA Life Insurance is a life insurance plan that provides guaranteed annual income. The key features of this plan is that upon maturity of the policy, the policyholder will receive a fixed percentage of the basic sum assured as a lump sum. The policy offers 2 choices to the policyholder. They can either choose policy term or the premium payment term. If policyholder chooses option of policy term, he/she will pay premiums for 15 years and the beginning of the 16th year they would receive guaranteed annual income till the end of the policy term. If the policyholder chooses premium payment term, then they will pay premiums for 12 years and starting from the 13th year they receive guaranteed annual income till the end of the policy term.
    3. Tata AIA Life Insurance Fortune Guarantee :

      This plan has a policy term of 10 years and is a life insurance plan that doubles up as a savings plan. The Key benefits of this plan is that upon maturity of the policy, the policyholder receives anywhere between 138% to 159% of the total premiums paid as a guaranteed amount. The minimum age to enroll in this plan is 10 years as at last birthday and offers flexible premium payment modes such as monthly, quarterly, semi-annually and annually. Upon the death of the insured the nominee will either receive the basic sum assured or 105% of all the premiums paid, whichever is higher.
    4. Tata AIA Life Insurance Insta Wealth Plan :

      This plan is a hassle free life insurance plan. It provides the financial security with a guaranteed cover of upto RS 10 lacs. The term of the policy is 10 years, 15 years or 20 years. The key benefits of this plan is that it provides maturity benefit of the basic sum assured along with guaranteed additions. The guaranteed additions begin after all the premium payments have been made and amounts to 1% of the basic sum assured. The guaranteed additions accrue till policy reaches maturity. Upon death of the insured, nominee will receive 105% of the total premiums paid.
    5. Tata AIA Life Insurance Money Back Plus :

      This plan is a non participating life insurance plan that provides guaranteed income at specific intervals. The plan provides a compound reversionary bonus that accrues and is paid out on maturity. The key benefits of this plan is that death benefit equivalent to the basic sum assured, an accidental death benefit equal to the basic sum assured and a compound reversionary bonus that accrues from the 1st year of the policy and is paid out on either death of the insured or maturity or surrender of the policy. It also offers a terminal bonus which is a percentage of the compound reversionary bonus that has been vested. This bonus is paid in case of death of the insured or maturity of the policy.
    6. Tata AIA Life Insurance Smart 7 :

      This plan provides the policyholder the features of shorter premiums and a shorter maturity period. This plan provides a simple way to boost your savings and secure a financially stable future. The key features of the plan is that it provides life protection. It has a policy term of 12 years where the policyholder pays premiums for 7 of those 12 years and enjoys benefits from the remaining 5 years. The policyholder can boost his or her corpus through bonuses that compound annually. The Policy also offers compound reversionary bonus that starts accruing from the 1st year of the policy and goes on for the duration of the policy. This bonus is paid out with a guaranteed sum upon maturity of the policy.
    7. Tata AIA Life Insurance Smart Growth Plus :

      This plan is a holistic savings plan that boosts savings and provides life cover. The key features of this policy is compound reversionary bonus that takes effect from the 1st policy anniversary and is paid out on maturity along with maturity benefit of a guaranteed sum assured. It provides a guaranteed addition for the first 5 years of the policy which is calculated to be 5.5% p.a of the sum that has been assured. The minimum policy term is 10 years and goes all the way up to 30 years. It provides a death benefit which is equal to the base sum assured and has affordable premiums starting from RS 10,000 p.a.
    8. Tata AIA Life Insurance MahaLife Gold Plus :

      This policy enables you to live life to the fullest and maintain your lifestyle by helping you secure your family's future financially. The policy has unique features such as a policy term of 85 years minus the age of the policyholder at the time of purchasing the policy. The basic sum assured is RS 2,00,000 and the premiums are to be paid only for the first 15 years of the policy and can be paid at a frequency of your choice, be it annually or half yearly or monthly or quarterly. Along with maturity benefits and death benefits, the plan also offers guaranteed annual coupons. These coupons are paid out starting from the 10th year of the policy till the 30th year of the policy or till the death of the insured (whichever is earlier). The basic sum under assurance decides the rate of these coupons.
    9. Tata AIA Life Insurance MahaLife Gold :

      This policy also offers a policy term of 85 years minus the age of policyholder at the time of purchasing the policy. The maturity benefit of the policy is a guaranteed sum equal to the base sum assured with guaranteed annual coupons. These coupons also begin at the start of the 10th anniversary of the policy. The term of payment of the premiums is 15 years. The policy provides a death benefit that is equal to the basic sum assured and helps you to protect your family against life's uncertainties and secure your future financially. The basic sum assured here is RS 1,00,000 minimum.
    10. Tata AIA Life Insurance MahaLife Magic :

      This plan is a participating life insurance plan that provides life cover and boosts savings through additional bonuses. This unique plan allows you to save and secure a financially stable future by paying premiums for only a short term. The term of the policy is 18 years in which the policyholder will need to pay premiums for only 9 years. The maturity benefit in this policy is compounded through addition of a terminal bonus and a compound reversionary bonus. The minimum sum assured in this plan is RS 2,00,000.
    11. Tata AIA Life Insurance Money Maxima :

      The Money Maxima plan from Tata AIA offers a range of benefits that boost your savings while providing life cover. This plan helps in boosting your savings and securing a financially stable future for you and your loved ones. This policy has features such as a flexible policy term starting from 12 years going up to 30 years. Low premiums starting from RS 12,000 p.a and a minimum basic sum of RS 1,00,000 makes the policy affordable for many people. The maturity benefit of this policy is a guaranteed sum equal to the base sum assured. It also offers guaranteed loyalty additions during time of maturity which augments your savings.

     

    Other Popular Tata AIA Life Insurance Plans

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    GST of 18% is applicable on life insurance effective from the 1st of July, 2017

    Tata AIA Life Insurance Savings Plans Reviews

  • Page 1 of 7 1 2 3 4 5
    • Tata AIA Life Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      I hold a term insurance with TATA AIA from last 3 years and it is one of the good policy to use. I am happy with the coverage and returns of this insurance policy. I pay a premium of Rs 30000 on yearly basis and the payment options are convenient for me.
      Was this review helpful? 0
      , lucknow
      Reviewed on May 23, 2018
    • Tata AIA Life Insurance
      "Better policy to use"
      0.5 5.0/5 "Blown Away!"
      I use the life insurance policy from TATA AIA LIFE INSURANCE around a year ago. The customer support service is good with the TATA AIA. This policy has the tenure of 5years . I pay the premium amount of Rs,52,400 to this policy every year once. The plan benefits and the policy coverage is good with the TATA AIA LIFE INSURANCE company.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Apr 19, 2018
    • Tata AIA Life Insurance
      "Quick follow up"
      0.5 3.0/5 "Satisfactory"
      I applied for the term insurance through bank bazaar just to experience and they were not disappointed. Though my application process was struck in between I immediately got a call from the customer care executive for the follow up snd assist. Though I did not have plans to buy the insurance I had to . But the customer care executive was kind enough to explain in detail and bare with me. Thank you.
      Was this review helpful? 0
      , bangalore
      Reviewed on Apr 04, 2018
    • Tata AIA Life Insurance
      "Good"
      0.5 4.0/5 "Great!"
      I am using the TATA AIA service for last 7 years. I have taken a pension plan from TATA AIA LIFE INSURANCE. I never faced any problems till now so there is no need to interact the customer support. The policy coverage and plan benefits are average.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Mar 07, 2018
    • Tata AIA Life Insurance
      "Good Investment"
      0.5 5.0/5 "Blown Away!"
      I took this Insurance some 2 years back and the experience with it has been pretty good. I have been paying Rs.25000 as premium in this Insurance. I would be getting a Money back for every 2 years. The overall experience with it has been pretty good.
      Was this review helpful? 0
      , mumbai
      Reviewed on Feb 16, 2018
    • Tata AIA Life Insurance
      "Reliable one"
      0.5 4.0/5 "Great!"
      I am having the life insurance policy with the TATA AIA life insurance company, They are very straight forward and the service is good. Whatever they have committed was very reasonable one with the TATA AIA life insurance company.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Feb 06, 2018
    • Tata AIA Life Insurance
      "Good"
      0.5 5.0/5 "Blown Away!"
      It is a retirement policy and taken before 7 years. I have chosen TATA AIA because the benefits are good. The customer service and response was up to the mark. After maturity period, I will get good return and which is guaranteed. The tenure period is 35 years.
      Was this review helpful? 0
      , thane
      Reviewed on Jan 25, 2018
    • Tata AIA Life Insurance
      "Great service provider"
      0.5 4.0/5 "Great!"
      I am having the life insurance policy with the TATA AIA life insurance company . I had been with them from the last ten years of time. So far, I have not faced any issues with them till now. Customer service and the response is better one with them till now.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jan 19, 2018
    • Tata AIA Life Insurance
      "Good Insurance"
      0.5 4.0/5 "Great!"
      The experience with Tata AIA has been pretty good. I have been paying Rs.33000 yearly and the total plan is for 24 years. I only need to make payment for first 12 years, from the 13th year they will be paying me Rs.50000 on yearly basis. This is one of the better Insurance available.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 20, 2017
    • Tata AIA Life Insurance
      "Good One"
      0.5 5.0/5 "Blown Away!"
      it has been a good experience over all with TATA for my life insurance . The Tenure for the life insurance i took is of 15 years i have to pay premium . Yearly i pay for the emi of the insurance . I got a Full cover Only for me .the customer service was good from the TATA side for the insurance .
      Was this review helpful? 0
      , nagpur
      Reviewed on Dec 20, 2017
    • Tata AIA Life Insurance
      "Good "
      0.5 5.0/5 "Blown Away!"
      I do have life insurance policy with the TATA AIA life insurance company and am holding it from the last three years of time. I would like to say that the plan benefits are good one with the TATA AIA life insurance company.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 09, 2017
    • Tata AIA Life Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      I have taken life insurance with Tata Aia before two years. This policy has been taken through online without any inconvenience. I pay premium of 3200 rupees every month through net banking. The customer support was fine. The payment method is convenient.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 04, 2017
    • Tata AIA Life Insurance
      "Average service"
      0.5 2.0/5 "Expected more"
      I have life insurance service with tata aig and I have taken one policy for the term period of 15 years and the payments where generally through online for every quarter they never update me regarding new schemes and offers also there is no proper response from tata aig it was a average service from tata aig life insurance service.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 23, 2017
    • Tata AIA Life Insurance
      "Best"
      0.5 4.5/5 "Excellent!"
      I am having the life insurance policy with the Tata AIA life insurance company and the customer service is good too. Customer service is really good one with the TATA AIA life insurance company, also the services are better one.
      Was this review helpful? 0
      , noida
      Reviewed on Nov 23, 2017
    • Tata AIA Life Insurance
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have taken a term plan from TATA AIA life insurance. There are other insurance providers where for term plans they would not get the benefits after the matured term. But this plan I would get back my money after the tenure of 30 years. The premium is to be paid only for five years.
      Was this review helpful? 0
      , lucknow
      Reviewed on Nov 09, 2017
    • Tata AIA Life Insurance
      "Good customer services"
      0.5 4.0/5 "Great!"
      I bought TATA AiA policy in 2008 & It was 6 year term for premium payment. I closed this policy in 2015 but I got good amount & customer service was very good. It was Ulip plan. I can recommed others for TATA AIA company products. Their employees are very good.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 02, 2017
    • Tata AIA Life Insurance
      "Good for savings"
      0.5 4.0/5 "Great!"
      Nearly I pay Rs.1000 as premium on monthly basis, it has the tenure of 15 years. They provides useful benefits, they will provide the sum assured value of Rs.2 lakhs with accidental coverage, accidental death, life cover. I used to make the payment through ECS.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Oct 26, 2017
    • Tata AIA Life Insurance
      "Good policy to use"
      0.5 3.0/5 "Satisfactory"
      It is good to have a life insurance policy with TATA AIA for past 5years. The customer support is good with this policy. I pay the premium of Rs.18,000 every year. The plan benefits and the coverage is good with this policy. I pay the premium through cash.
      Was this review helpful? 0
      , dharwad
      Reviewed on Oct 26, 2017
    • Tata AIA Life Insurance
      "Good protection for Life"
      0.5 5.0/5 "Blown Away!"
      Last three years back, I have Life insurance with TATA AIA. I am making the premium of Rs. 78,000 on annual basis for the tenure of ten years. After the tenure period I will get getting an amount of Rs.1.30 crores with accidental coverage and tax benefits. I normally make online payment to pay my premium its good.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jul 07, 2017
    • Tata AIA Life Insurance
      "Good for small investment"
      0.5 4.0/5 "Great!"
      I do have Tata AIA life insurance company and the coverage is up to 7 lakh Rupees, also am paying around 5000 Rupees. Response and other things are really good one with them and the regular alerts, payment modes are fine one with he Tata AIA life insurance company.
      Was this review helpful? 0
      , guwahati
      Reviewed on Jun 22, 2017
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