Tata AIA Life Insurance Company Limited (Tata AIA) is a joint venture between India’s eminent business conglomerate Tata Sons Ltd. and the largest independent publicly listed pan-Asian life insurance provider across the world, the AIA Group Ltd. The company has an extensive product portfolio on offer, which consists of a variety of life insurance solutions for wealth creation, savings, protection, and retirement. Since its inception in the year 2001, the company has been providing world-class insurance products & solutions to a huge customer base, and further aims to secure the lives of 3 million customers by the year 2020.
Tata AIA Pension Plans are all about embracing retirement with a smile! They help you to lead a stress-free retirement life, without being dependant on others for your daily expenses. These plans offer you with multiple options to enhance your corpus so that you can fulfil your post-retirement needs and dreams with much ease. You also have the flexibility to choose your policy term, according to your specific retirement requirements.
Here’s a sneak peek at some of the features of Pension Plans:
|Minimum Entry Age (As on last birthday)||25 years|
|Maximum Entry Age (As on last birthday)||For Retirement Option1: 45 years; For Retirement Option 2: 50 years|
|Maturity Age||For Retirement Option1: 55 years; For Retirement Option 2: 60 years|
|Policy Term||For Retirement Option1: 55 years (Age at Entry); For Retirement Option 2: 60 years (Age at Entry)|
|Premium Amount||Minimum: Based on minimum Basic Sum Assured|
|Sum Assured||Minimum: 2,00,000 (In multiples of 1000) | Maximum: Based on Underwriting|
|Premium Payment Term||For Policy Term 10 to 14: 7/10 years | For Policy Term 15 & above: 7/10/15 years|
|Premium Payment Frequency||Yearly, half-yearly, or monthly|
Tata AIA Life Insurance Accidental Death and Dismemberment Rider