The Tata AIA Life Insurance Money Maxima is a Regular Premium Paying Non-Linked Participating Endowment Assurance Plan. Through this plan, investors can enjoy the benefits of several guaranteed returns.
The features of the Tata AIA Life Insurance Money Maxima can be summed up as follows:
The main benefits of the Tata AIA Life Insurance Money Maxima can be listed as follows:
The eligibility criteria for the Tata AIA Life Insurance Money Maxima is given below:
Minimum age of entry | 12 years |
Maximum age of entry | 50 years |
Maximum age of maturity | 75 years |
Term of policy | 12 years to 30 years |
Term for premium payment | Same as the policy term |
Mode of payment | Monthly or Semi-annual or Annual |
Minimum basic sum assured | Rs.1 lakh (in multiples of Rs.1,000) |
Minimum premium amount | Rs.12,000 per annum |
With the added benefits of surrendering the policy at any point in time of the policy tenure, death benefits, tax benefits, reinstatement feature, free look period, and so on, the Tata AIA Life Insurance Money Maxima is one of the best options to invest in.
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