Guaranteed Monthly Income Plan
vs
Canara Hsbc Money Back Advantage Plan
- Choose your coverage tenure
- Multiple sum assured options
- Enhance coverage with add-ons
| PLAN DETAILS |
 Guaranteed Monthly Income Plan |
 Canara Hsbc Money Back Advantage Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Uniqueness |
|
|
| Plan Maturity age | Maximum Maturity Age- 67 years | 71 year |
| Premium payment term | 5 to 12 years | 10 year |
| Plan Entry Age | Minimum Age - 6 years Maximum Age - 13 years | Minimum- 8 years, Maximum- 55 years |
| Sum assured | 11 times the Annualized Premiums | Minimum- 1 Lac, Maximum- No Limit |
| Premium payment frequency | Annual, half-yearly, quarterly & monthly | Quarterly, Half yearly, Annually |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | 5 to 12 years | 16 years |
| Claim Settlement Ratio (2023-24) | Minimum Age - 0 year | Minimum Age - 0 year |
Invest Smartly with Tata AIA Monthly Income Plan – Guaranteed Income and Assured Life Cover.
Tata AIA Life Insurance Guaranteed Monthly Income Plan is a two-in-one life insurance plan that ensures a regular income with the benefit of assured life cover. You'll get a steady flow of guaranteed monthly income between 8.35% to 13.03% per annum of your yearly premiums.
Under this plan, you can pay premiums for 5, 8, or 12 years (PPT) and receive your monthly income for 10, 16, or 24 years. The plan allows you to increase base cover with optional riders to stay protected against the 3Ds – Death, Disability, and Disease. Depending on your premium amount, you can even improve your monthly income benefit with Large Premium Boost. With this feature, you can increase your monthly income if you opt for a higher premium.
Tata AIA Guaranteed Monthly Income Plan offers you a range of benefits including:
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With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.
