Indian Insurance

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.

Each one of us has our own set of financial needs, aspirations and priorities. In many ways these needs are unique and so they need to be addressed in a unique way.

We may have different time horizon for investments as they depend on the underlying needs. For example, you may need money for your child’s education after say 10 years or 15 years or 20 years depending on the present age of your child. This may be true for many other needs as well.

Your insurance requirements may also be different depending on your age and financial position in the family. How long you want to pay the premium is also an important consideration as this depends on your future earning capacity.

Keeping this in mind, Tata AIG Life Insurance Company brings to you Tata AIG Life InvestAssure Flexi.(InvestAssure Flexi) This plan is a unit linked endowment investment plan and provides you with ample flexibility to suite your needs and priorities and to help you to achieve your financial goals.

Key features include:

* Provides security to your family in case of your unfortunate demise.
* Flexible Policy Term: You may choose the policy term from 5 years to 40 years depending on your needs.
* Flexible Premium Paying Term: You can choose premium paying term of 3, 5, 10, 15, 20, 25, 30, 35 or 40 years. You can also opt for a premium paying term which is same as policy term chosen by you.
* Flexible Sum Assured: The minimum sum assured is higher of 5 times or (policy term/2) times the annual premium.
* Seven Fund Options: Whole Life Mid-cap Equity Fund, Whole Life Aggressive Growth Fund, Whole Life Stable Growth Fund, Whole Life Income Fund, Whole Life Short-Term Fixed Income Fund, Capital Guarantee Fund, Large Cap Equity Fund.
* Minimum Issue age of 0 (30 days) and maximum issue age of 70 years with maximum maturity age of 80 years.
* Minimum Premium: Rs. 15,000 p.a.

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.*

Tata AIG Life InvestAssure Gold(InvestAssure Gold) is a non-participating Whole Life Unit Linked insurance plan, which offers you the unique advantage of combining the protection and tax advantages of life insurance with the attractive prospects of investing in different kinds of securities through multiple fund options. With this plan, 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:

* Flexibility to choose your premium payment term: 5 years or for the entire duration of the policy.
* Benefit period: For the entire life till 100 years of age.
* Facility to increase the premium through Top up Premium.
* Provides security to your family in case of your unfortunate death.
* Facility to increase the Sum Assured through Top up Premium.
* Gives you the flexibility to choose your fund based on your risk profile - Whole Life Mid Cap Equity, Whole Life Aggressive Growth, Whole Life Stable Growth, Whole Life Income, and Whole Life Short Term Fixed Income. You may choose to switch between the funds, anytime subject to certain conditions.
* Enables you to enjoy market-linked returns with a potential for higher growth.
* Opportunity to bring you additional income on funds that might have otherwise given you minimum returns in your savings account, subject to market performance.
* Loyalty Benefit: Additional 0.25% of units under the Regular Premium Account every 5 years provided the policy is in force.

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.*
* You may attach Accidental Death Benefit, Accidental Death and Dismemberment, Payor benefit or Critical Illness Riders at an extra cost.
* Policy is available for persons between 30 days and 70 years of age. The policy matures at age 100.

Tata AIG Life InvestAssure Plus(InvestAssure Plus) is a single premium Unit Linked insurance plan especially designed for the investment-savvy. It gives you the flexibility of choosing your own investment strategy, besides providing protection to your loved ones in case of a misfortune.

This plan gives you an opportunity to make the most of good market returns, albeit with an increased investment volatility. At the same time, it does not compromise the security that you want to provide to your loved ones.

Multiple benefits of InvestAssure Plus:·

* Provides security to your family in case of your unfortunate death.
* Gives you the flexibility to choose your fund based on your risk profile.
* Enables you to enjoy market-linked returns with a potential for higher growth.

Key features include:

* Policy terms of 15, 20, 25 or 30 years.
* No penalty charges for surrendering the policy any time after the 3rd year.
* Flexibility to choose your Sum Assured, depending on your age profile and your needs.
* You have a choice of premium multiples to choose from.
* Any premium not deducted for coverage and charges will be invested in the funds chosen by you viz. Equity Fund, Income Fund, Aggressive Growth Fund, Stable Growth Fund and a Short Term Fixed Income Fund.
* Flexibility to switch between funds and partial withdrawal.
* InvestAssure Plus also offers Top-ups premiums and the facility to have a Sum assured on the Top-up premium as well.

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.*

Age Eligibility
Term of Policy     Minimum Age     Maximum Age
15 years     30 days     60 years
20 years     30 days     55 years
25 years     30 days     50 years
30 years     30 days     45 years Maturity and Death Benefits