Tata Aia Investment
vs
Tata Aia Life

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Tata Aia Investment vs Tata Aia Life

Tata Aia Investment

Tata AIA Investment Plans are financial instruments that offers you dual benefits- life coverage and guaranteed returns on maturity. It helps you secure your financial future.

Tata Aia Life

TATA AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. TATA Sons holds a majority of stake at 74%, and AIA holds 26%.

COMPANY DETAILS Edit Tata AIA Investment Plans

Tata Aia Investment

Edit TATA AIA Life Insurance

Tata Aia Life

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

000 to No limit

Annual Premiums Collected (2023-24)

445.03 Cr
Payout Options

Payout Options

-

Payout Options

Lump sum, monthly or a combination of both
Claim ratio

Claim ratio

Minimum Age - 0 year%

Claim ratio

99.01%
Solvency Ratio

Solvency Ratio

100 years

Solvency Ratio

1.9.
Branches

Branches

Yearly, half-yearly

Branches

317+
Riders Available

Riders Available

Minimum term - 6 years Maximum term - 30 years

Riders Available

Waiver of Premium Rider, Accidental Death Rider, Accidental Disability Rider, Critical Illness Rider
Policy Term

Policy Term

5 to 30 years

Policy Term

10 to 40 years

Know More About Companies

Overview

Tata AIA Investment Plans: Overview

Tata AIA Life Insurance is a joint venture between Tata Sons and AIA Group Ltd. It is one of the leading life insurers in India offering a range of insurance solutions including- term insurance plans, child plans, retirement solutions, etc. 

Tata AIA Investment Plans are designed to offer you life coverage along with maturity benefits to ensure wealth creation. There are various different investment plans offered by Tata AIA and you can choose the one that best fits your requirements and risk appetite.

Tata AIA Investment Plans ensures to look after your investment needs by offering:

why-choose
  • Financial Security

  • Wealth Accumulation

  • Additions and Bonuses

  • Tax Benefits

Riders

Riders You Can Avail With TATA AIA Life Insurance Plans

Name of the rider Benefits
Tata AIA Waiver of Premium Rider It will waive all future premiums and the benefits of the policy will remain the same in case of disability, dismemberment, or diagnosis of critical illness.
Tata AIA Accidental Death Rider Offers financial help to your dependents in addition to base policy benefits in case of the policyholder’s death due to an accident.
Tata AIA Accidental Disability Rider This rider offers financial benefits in case the policyholder becomes partially or totally disabled due to an accident.
Tata AIA Critical Illness Rider In case the policyholder is diagnosed with any of the critical illnesses mentioned in the brochure then rider benefits are paid to them.

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Tata AIA Investment Plans are financial instruments that offers you dual benefits- life coverage and guaranteed returns on maturity. It helps you secure your financial future.

Investment Plan Plans

Investment Plan

Boost your savings with life cover: Get a quote for Tata AIA Diamond Plan Today. Tata AIA Diamond Savings Plan is a protection and savings-based life ...

Unique Features

  • Compound Reversionary Bonus
  • Large Scale Discounts
  • Guaranteed Income

Diamond Savings Plan (Pros)

Diamond Savings Plan
  • Guaranteed Maturity Benefit
  • Compound Reversionary
  • Terminal Bonus

Diamond Savings Plan (Cons)

Diamond Savings Plan
  • No Plan Options
  • No High Sum Assured Rebate
  • No Auto Cover Continuance
  • Guaranteed Additions

Diamond Savings Plan (Other Benefits)

Diamond Savings Plan
  • Guaranteed Death Benefit
  • Guaranteed Income
  • Large Scale Discounts

Diamond Savings Plan (Eligibility Criteria)

Diamond Savings Plan
  • Minimum entry age- 0 year
  • Maximum entry age- 50 years
  • Sum assured- 11 times of the Annualised Premium
  • Maximum policy term- 25 years

Investment Plan

Tata AIA Gold Income Plan is a non-liked individual life insurance saving plan. This plan is designed to offer guaranteed returns and life insurance p...

Unique Features

  • Get guaranteed income
  • Income booster available
  • Enhanced protection through riders

Gold Income Plan (Pros)

Gold Income Plan
  • Get guaranteed income
  • Income booster available
  • Enhanced protection through riders

Gold Income Plan (Cons)

Gold Income Plan
  • Suicide does not covered
  • Air accidents not covered

Gold Income Plan (Other Benefits)

Gold Income Plan
  • Increasing income with Income Boosters
  • Guaranteed income starting @12% of basic SA
  • Pay for 5/12 years for policy term of 12/15 years

Gold Income Plan (Eligibility Criteria)

Gold Income Plan
  • Minimum entry age- 3 year
  • Maximum entry age- 65 years
  • Sum assured- Annualised Premium x Basic SA Multiple
  • Maximum policy term- 15 years

Investment Plan

Invest smartly with Tata AIA Smart Income Plus – secure savings, guaranteed income, and financial security. A wise man once said, 'Be ready for ...

Unique Features

  • Income/Endowment Option
  • Premium Boost Discounts
  • 2 Optional Riders

Tata AIA Smart Income Plus Plan (Pros)

Tata AIA Smart Income Plus Plan
  • Income/Endowment Option
  • Premium Boost Discounts
  • 2 Optional Riders

Tata AIA Smart Income Plus Plan (Cons)

Tata AIA Smart Income Plus Plan
  • Suicide within 12 months not covered
  • Consumption of any intoxicants
  • Death due to any aviation accident
  • Death due to any adventurous sports

Tata AIA Smart Income Plus Plan (Other Benefits)

Tata AIA Smart Income Plus Plan
  • Guaranteed Maturity Benefit
  • Flexibility to choose plan options
  • Guaranteed Death Benefit
  • Regular Income

Tata AIA Smart Income Plus Plan (Eligibility Criteria)

Tata AIA Smart Income Plus Plan
  • Minimum entry age- 0 year
  • Maximum entry age- 50 years
  • Sum assured- 11 times Annualized Premium
  • Maximum policy term- 25 years

Investment Plan

Tata AIA Fortune Guarantee Plus by Tata AIA Life Insurance is an individual non-linked life insurance savings plan. It is designed to provide the dual...

Unique Features

  • Guaranteed annual income
  • Joint life option
  • 2% online discount for women

Fortune Guarantee Plus (Pros)

Fortune Guarantee Plus
  • Guaranteed annual income
  • Joint life option
  • 2% online discount for women

Fortune Guarantee Plus (Cons)

Fortune Guarantee Plus
  • Death due to any aviation accident
  • Death due to adventurous sports
  • Suicidal death

Fortune Guarantee Plus (Other Benefits)

Fortune Guarantee Plus
  • Choice of income period
  • Option to choose joint life policy
  • Return of premium option

Fortune Guarantee Plus (Eligibility Criteria)

Fortune Guarantee Plus
  • Entry Age: Minimum Age - 1 year Maximum Age - 60 years
  • Maturity Age: 77 years

Investment Plan

Tata AIA MahaLife Gold is a traditional life insurance savings plan offered by Tata AIA Life Insurance. It offers whole-life coverage up to the age of...

Unique Features

  • Whole life coverage
  • Paid annual income
  • Guaranteed amount on maturity

Tata AIA MahaLife Gold (Pros)

Tata AIA MahaLife Gold
  • Whole life coverage
  • Paid annual income
  • Guaranteed amount on maturity

Tata AIA MahaLife Gold (Cons)

Tata AIA MahaLife Gold
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA MahaLife Gold (Other Benefits)

Tata AIA MahaLife Gold
  • Tax benefits
  • Death benefits
  • Maturity benefits

Tata AIA MahaLife Gold (Eligibility Criteria)

Tata AIA MahaLife Gold
  • Minimum entry age- 30 days
  • Maximum entry age- 65 years
  • Sum assured- No limit
  • Maximum policy term- 100 minus entry age

Investment Plan

Invest Smartly with Tata AIA Monthly Income Plan – Guaranteed Income and Assured Life Cover. Tata AIA Life Insurance Guaranteed Monthly Income P...

Unique Features

  • Large Premium Boost
  • Guaranteed Monthly Income
  • 3D cover

Tata AIA Guaranteed Monthly Income (Pros)

Tata AIA Guaranteed Monthly Income
  • Large Premium Boost
  • Guaranteed Monthly Income
  • 3D cover

Tata AIA Guaranteed Monthly Income (Cons)

Tata AIA Guaranteed Monthly Income
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA Guaranteed Monthly Income (Other Benefits)

Tata AIA Guaranteed Monthly Income
  • Death Benefits
  • Maturity Benefits
  • Guaranteed Additions

Tata AIA Guaranteed Monthly Income (Eligibility Criteria)

Tata AIA Guaranteed Monthly Income
  • Minimum entry age- 6 years
  • Maximum entry age- 13 years
  • Sum assured- 11 times the Annualised Premiums
  • Maximum policy term- 12 years

Investment Plan

To Save More, Invest Smartly with the Tata AIA Smart Value Income Plan. Tata AIA Smart Value Income plan, from Tata AIA Life Insurance, is a guarantee...

Unique Features

  • Whole Life Cover
  • Life Protect Feature
  • Premium Offset Benefit

Tata AIA Smart Value Income Plan (Pros)

Tata AIA Smart Value Income Plan
  • Whole Life Cover
  • Life Protect Feature
  • Premium Offset Benefit

Tata AIA Smart Value Income Plan (Cons)

Tata AIA Smart Value Income Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA Smart Value Income Plan (Other Benefits)

Tata AIA Smart Value Income Plan
  • Death Benefits
  • Maturity Benefits
  • Tax Benefits

Tata AIA Smart Value Income Plan (Eligibility Criteria)

Tata AIA Smart Value Income Plan
  • Minimum entry age- 45 years
  • Maximum entry age- 65 years
  • Sum assured- Death Benefit Multiple of 10 times Single Premium
  • Maximum policy term- 100 minus entry age

Investment Plan

Tata AIA Guaranteed Return Insurance Plan by Tata AIA Life Insurance is a savings plan with assured life cover. With this plan, you can build wealth w...

Unique Features

  • 3 Plan Options
  • Whole Life Protection
  • Joint Life Cover

Tata AIA Guaranteed Return Insurance Plan (Pros)

Tata AIA Guaranteed Return Insurance Plan
  • 3 Plan Options
  • Whole Life Protection
  • Joint Life Cover

Tata AIA Guaranteed Return Insurance Plan (Cons)

Tata AIA Guaranteed Return Insurance Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA Guaranteed Return Insurance Plan (Other Benefits)

Tata AIA Guaranteed Return Insurance Plan
  • Guaranteed Additions
  • Maturity Benefits
  • Death Benefits

Tata AIA Guaranteed Return Insurance Plan (Eligibility Criteria)

Tata AIA Guaranteed Return Insurance Plan
  • Minimum entry age- 45 years
  • Maximum entry age- 65 years
  • Sum assured- Death Benefit Multiple x Annualized Premium
  • Maximum policy term- 13 years
Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.