Indian Insurance

Hospital rooms. Doctor?s bills. Stress. Worry. Tears. Frustration. Life seems to be over the moment one is diagnosed with a critical illness.

But, with Tata AIG Life Health Investor(Health Investor) from Tata AIG Life, life does not have to come to a standstill. Because the financial cover it offers plays a large role in contributing to your peace of mind and subsequent recovery.

What?s more, if you are fortunate enough never to be diagnosed with a Critical Illness, the premiums you pay will never go to waste as they will be refunded in case there is no claim.

Protection Against 12 Critical Illnesses:

* The critical illnesses covered under this policy include Benign Tumour, Paralysis, Parkinson?s Disease, Total Blindness, Cancer, Stroke, Heart Attack, Chronic Renal Failure, Coronary Bypass Surgery, Heart Valve Surgery, Aorta Surgery and recipient of major organ transplant of Heart, Lung, Liver, Kidney, Pancreas or Bone Marrow. The coverage under critical illness benefit would be available only after 180 days from the issue/reinstatement date. However, this policy will cease after one claim is made.

So, invest a little in your health now and stay protected and worry-free.

Key benefits includes:

* Lumpsum benefit on diagnosis of 12 critical illnesses
* Cover in case of unfortunate death
* 100% Return of Premium in case of no claim
* 5% increase in the Critical Illness Benefit upto a maximum of 50% of Sum Assured
* Limited premium payment period
* Level Premium

Eligibility:

* Policy is available for persons between 18 and 55 years of age

Tax Benefits

* Premiums paid under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Any sum received under this plan is exempt from tax under section 10(10D) of the Income Tax Act, 1961.*

Today, you are busy working hard to achieve your goals. You are going to retire one day. No matter how you want to live your life after retirement you need to plan and arrange for a regular income.

Tata AIG Life Insurance Company Ltd presents Tata AIG Life Easy Retire(Easy Retire) an individual immediate annuity, the ideal solution to convert your corpus to regular income. The regular income helps you cope with the expenses that continue even when you stop working and in fact increase with age as a result of mounting health bills and increasing prices.

Easy Retire is an immediate annuity plan with Return of Purchase Price (RoPP) which can be purchased through a single premium payment. The plan provides for annuity payments which are paid throughout the life time of an annuitant.

How does the Plan Work?

* All you have to do is pay a single premium to Tata AIG Life Insurance Company Ltd. (This amount is your purchase price)
* Choose annuity payment modes [the frequency at which you want the income] - monthly, quarterly, half-yearly or yearly
* Tata AIG Life Insurance Company Ltd guarantees you a rate per thousand at the time of purchase and this depends on the age as well as purchase price.
* Opt for either receiving post dated cheques or a direct credit into your bank account. i.e. PDCs / ECS

Definition:

Annuity - Series of regular payments received by the policy holder

Annuitant - Person who receives the annuity benefit.

RoPP - In this plan the annuity is paid to the annuitant throughout his/her life. On the death of the annuitant the purchase price is returned to the nominee.

Entry Conditions
Minimum Purchase amount       Rs. 50,000
Minimum age of purchase       21 years
Maximum age of purchase       80 years
Policy period       Life time
Premium payment Period       Single
Minimum annuity installment       Rs. 3,000 p.a
Annuity rates - Unisex       Yes
Medical Requirement       None

Please Note:

* No surrender permitted under this plan.
* Tata AIG Life Insurance Company Ltd. reserves the right to review the annuity rates, subject to IRDA’s prior approval.
* Please ask for latest rates at the time of purchasing the annuity plan
* Once the annuity is bought, the rate remains constant throughout the lifetime of the annuitant
* Once the frequency of payment is opted it cannot be changed
* No loan will be available under this plan
* Incentives available for higher purchase price
* Please refer to the policy documents for more details

Tata AIG Life Assure Golden Years(Assure Golden Years) is an endowment policy that provides both safety and steady returns. In the unfortunate event of your death, your dependants will receive the sum assured; otherwise your savings will continue to grow. Should you live past the term of the policy, you will receive both the sum assured as well as a host of bonuses.

Key features include:

* A guaranteed addition of 10% of the sum assured if the policy has been in force for 10 years or more, is payable on death or maturity.
* A reversionary bonus is payable on death or maturity.
* A Terminal bonus paid on maturity or death if the policy has been in force for a minimum 10 years.
* Reversionary and Terminal bonuses are non-guaranteed and are dependent on Company performance.

Tax Benefits, Riders and Age Eligibility

* Premiums paid under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Any sum received under this plan is exempt from tax under section 10(10D) of the Income Tax Act, 1961.*
* Term, Accident, Disability and Critical Illness riders are available for added protection.
* Policy duration runs from the time of purchase up to age 60.
* Policy is available for persons between 18 to 50 years of age.

Tata AIG Life InvestAssure Extra(InvestAssureExtra) is a unique, investment linked insurance plan for protection. Given a choice, most people would like to increase the earning potential of their insurance premium by deciding their own investment and risk limits. It combines the security of a life insurance policy with the opportunity to exploit the upside of market returns (subject to investment volatility) by providing an option to invest in different kinds of securities through multiple fund options like - Growth Maximiser Fund, Growth Enabler Fund, Capital Guarantee Fund and Short Term Fixed Income Fund.

What’s more, you can direct the investments by creating your own investment fund portfolio from a range of options to suit your needs and preferences.

Note: This product is only for customers of premier banks.

Key features include:

* Provides security to your family in case of your unfortunate demise.
* Gives you the flexibility to choose your funds based on your risk profile.
* Gives you Return of Premium guarantee on maturity in case you opt for Capital Guaranteed Fund**.
* Provides an in-built Payor Benefit for juvenile ages (0-17 years).
* Enables you to enjoy market-linked returns with a potential for higher growth.

**Guarantee is applicable only if all due premiums have been paid. The guarantee will not apply on premium allocated towards other funds and on top-up premiums.

Tax Benefits

* Premiums paid under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Any sum received under this plan is exempt from tax under section 10(10D) of the Income Tax Act, 1961.*

Eligibility
Term of Policy     Minimum Age at Issue     Maximum Age at Issue     Minimum Premium
15 years     30 days     45 years     Rs.12,000
20 years     30 days     45 years     Rs.12,000

Tata AIG Life InvestAssure II(InvestAssure II) is a unique, flexible insurance plan which combines the security of a life insurance policy with the opportunity to exploit the upside of market returns by investing in different kinds of securities through multiple fund options. You can direct the investments by creating your own investment fund portfolio from a range of options to suit your needs and preferences.

Key features include:

* Policy terms of 15, 20 or 30 years.
* No penalty for surrendering the policy any time after the 6th year.
* The Sum Assured is a multiple of the Annual Regular Premium payable. The multiple varies according to age at entry and policy term. You have a choice of premium multiples to choose from.
* Any premium not deducted for coverage and charges may be invested in a wide range of investment vehicles, including: an Equity Fund, Income Fund, Aggressive Growth Fund, Stable Growth Fund and a Short Term Fixed Income Fund.
* InvestAssure II also offers the flexibility to switch between funds, premium top-ups, partial withdrawal, premium holiday, policy reinstatement, and multiple premium payment modes.

Tax Benefits, Riders and Age Eligibility

* Premiums paid under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Any sum received under this plan is exempt from tax under section 10(10D) of the Income Tax Act, 1961.*
* Attach Accident, Waiver of premium, Payor Benefit (for juvenile policy) and Critical Illness riders to this policy at a nominal extra cost for added protection.