Tata AIA Life Insurance Company Limited is among the most renowned providers of insurance policies. The company not only offers packages for salaried employees and self-employed individuals, but also has a vast array of plans and policies that meet the needs and requirements of a large customer base.
Tata AIA Life Insurance Freedom
Pension plans from Tata AIA are fitting solutions for those who wish for smooth sailing through life post retirement. Freedom is a non-linked participating endowment policy can help you strike a balance between your financial portfolios thanks to its attractive features.
Features and Benefits of Tata AIA Life Insurance Pension Plans
- The policy term can be chosen by the customer depending on his / her convenience.
- Annualised premium worth 10% can be availed at the start of every policy year.
- Flexibility of options when it comes to selecting policy term. The two options available include Retirement Option One and Retirement Option Two and the maturity age for these options is 55 and 60 years respectively.
- Option to enhance the plan by adding an optional Tata AIA Life Accidental Death and Dismemberment Rider.
- Option of letting your corpus grow through Terminal Bonus and Compounded Reversionary Bonus.
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GST of 18% is applicable on life insurance effective from the 1st of July, 2017