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.*

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.

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.*