Life Needs Solutions Savings Solutions Tata AIA Life Insurance Money Back Plus
UIN: 110N119V01

Tata AIA Life Insurance Money Back Plus

Product Overview

(A Non Linked Participating Endowment Assurance Plan)

We at Tata AIA Life understand how important it is to plan ahead in order to fulfill dreams like family vacation, buying a house or plan ahead for important occasions such as children's education, planning their wedding or starting a business. In order to fulfill all these obligations, we work hard and ensure our investments come handy when we need them the most. Keeping this need in mind, we present to you a chance to experience the joy of securing your future needs with one important decision.

Presenting, Tata AIA Life Insurance Money Back Plus, a participating non linked money back Insurance plan, which caters to your need of periodic payouts at key stages in life along with life cover protection. This plan gives you the flexibility to choose from various term options to meet your financial commitments with the advantage of paying for only half the term along with enhanced savings with Bonuses throughout the term.

Make the right start with the "Tata AIA Life Insurance Money Back Plus" that will help you build a strong savings foundation with adequate financial protection so that you leave no stone unturned to add colors to your dreams!

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Mail us for any product information or queries on product.helpline@tataaia.com

L&C/Advt/2015/Aug/414

Key Features

  • Survival payouts of upto 130% of Sum assured1 at regular intervals throughout the term
  • Life cover throughout the policy term regardless of the survival payouts already paid
  • Additional protection in case of Accidental death through inbuilt Accident Benefit
  • Limited premium payment equal to half the policy term
  • Enhance your Savings through Compounded reversionary bonus & terminal bonus
  • Lumpsum Maturity addition to meet your needs
  • Tax benefits u/s 80C & 10(10D) of the Income-Tax Act, 1961

1 For more details on benefits please refer ‘What are your benefits?’ section in the sales brochure.

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Disclaimers

  • This product is underwritten by Tata AIA Life Insurance Company Limited. This plan is not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance.
  • Insurance cover is available under this product.
  • Insurance is the subject matter of the solicitation.
  • For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale.
  • Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefit available to you.
  • “Service tax & TDS” are applicable as per governing laws. Tata AIA Life Insurance company Limited reserves the right to recover/deduct from the policyholder, any levies and duties (including service tax and TDS), as imposed by the government from time to time. Kindly refer to the Sales Illustration for the exact premium.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

IRDA clarifies to public that

  • IRDA or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDA does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

Overview

Survival payouts of upto 130% of Sum assured1 at regular intervals throughout the term

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