Guaranteed Monthly Income Plan
vs
Edelweiss Tokio Premier Guaranteed Income

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Guaranteed Monthly Income Plan vs Edelweiss Tokio Premier Guaranteed Income

Guaranteed Monthly Income Plan

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 m...

Edelweiss Tokio Premier Guaranteed Income

Edelweiss Tokio Life Premier Guaranteed Income is an endowment plan. It offers life coverage along with the guaranteed return of premium. Along with maturity benefit, this plan also provides regular income payout for 15 years right after the completion of the premium-paying term. The Premier Guarant...

PLAN DETAILS

Guaranteed Monthly Income Plan


Edelweiss Tokio Premier Guaranteed Income

Premium Including GST
Key Features
(Key features of the plan)
  • Large Premium Boost
  • Guaranteed Monthly Income
  • 3D cover
  • Pay premiums for 15 years
  • 200% benefit at maturity
  • Enhanced protection riders.
Plan Uniqueness
  • Large Premium Boost
  • Guaranteed Monthly Income
  • 3D cover
  • Pay premiums for 15 years
  • 200% benefit at maturity
  • Enhanced protection riders
Plan Maturity age Maximum Maturity Age- 67 years Maximum Maturity Age - 65 years
Premium payment term 5 to 12 years 15 years
Plan Entry Age Minimum Age - 6 years Maximum Age - 13 years Minimum Age - 3 year Maximum Age - 50 years
Sum assured 11 times the Annualized Premiums No limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 5 to 12 years 15 years
Claim Settlement Ratio (2023-24) Minimum Age - 0 year Minimum Age - 91 day

Know More About Plans

Overview

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:

why-choose
  • Death benefits
  • Maturity benefits
  • Guaranteed income
  • Convenient income term
  • Premium boosters

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Bijender Singh

Reviewed By: Bijender Singh

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.