A Guaranteed* Income Plan to fund your hopes & dreams

Highlights of Tata AIA Life Insurance Smart Value Income Plan – A Savings Plan

Guaranteed Returns

To qualify as a guaranteed return plan, the investment must offer a fixed rate of return. This means that no matter what happens in the market, you will continually earn the same interest rate on your investment.

Insurance coverage

Insurance coverage is your financial safety net. It is the sum that provides financial protection to the insured, or their family in case of adversities, such as death, accident, illness or disability.

Cover for your spouse

With term insurance plans offering joint coverage for spouses, the additional benefit will be paid out in case of death of the primary policyholder. Once the primary life assured dies, the base sum assured is paid and the surviving spouse will be covered under the policy with 50% of the sum assured.

Add-on riders

This rider basically waives off future policy premiums in case the policyholder has become financially incapacitated to pay policy premiums due to an emergency such as being diagnosed with a critical illness, due to loss of income, or due to a an accident-led disability.