Tata AIA Life Insurance Company Limited is one of the most reliable insurance providers on the planet, and offers specially tailored insurance plans and policies to meet the ever-changing requirements of an extensive customer based. If you’re looking for insurance policies for your children, look no further than this page.
Tata AIA Life Insurance Super Achiever
The Super Achiever child plan from Tata AIA Life Insurance Company Limited is a non-participating unit linked endowment policy that ensures that your child will receive financial support even if the insured individual meets with accidental death.
Features and Benefits:
- Guaranteed Maturity Additions can be claimed at the completion of the policy term.
- Option to choose between Profit Investment Portfolio Strategy and Enhanced Automatic Asset Allocation Plus.
- Flexibility of options between eight funds for improved investment opportunities.
- Option to improve your investment via top ups.
- Tax deductions can be claimed under Section 10(10D) and 80C of the Income Tax of India.
- At the time of maturity of the policy, customers will have a choice between receiving the settlement payment either as periodical payments or lump sum.
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GST of 18% is applicable on life insurance effective from the 1st of July, 2017