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Mahalife Gold Plan vs Lic

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Mahalife Gold Plan vs Lic

Mahalife Gold 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 100 years, along with regular income starting right after completion of the premium paying term. Whether you are a salaried employee or running a bus...

Lic

Jeevan Akshay- VII (Table No. 857) is a single premium, non-linked, and non-participating immediate annuity plan. It pays annuity or pension to the policyholder on annuity age. The annuity plan also allows joint life cover. The plan provides annuity payments of a stated amount throughout the lifetim...

PLAN DETAILS

Mahalife Gold Plan


Lic

Premium Including GST
Key Features
(Key features of the plan)
  • Whole life coverage
  • Paid annual income
  • Guaranteed amount on maturity
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Whole life coverage
  • Paid annual income
  • Guaranteed amount on maturity
  • Annuity Options
  • Loan Facility
  • Guaranteed Annuity Rates
Plan Maturity age 100 years Maximum Maturity Age - Whole life
Premium payment term Same as policy term -
Plan Entry Age Minimum Age - 30 days, Maximum Age - 60 years Minimum Age - 25 years Maximum Age - 100 years
Sum assured No limit Rs 1 lakhs to 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 100 minus Entry Age Minimum term - 5 years Maximum term - Whole life
Claim Settlement Ratio (2024-25) Minimum Age - 0 year 98.5%

Know More About Plans

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 100 years, along with regular income starting right after completion of the premium paying term. Whether you are a salaried employee or running a business, Tata AIA Maha Life Gold can be bought by anyone. 

Wait, this list is still ongoing…like stocks, this plan also pays a dividend annually (non-guaranteed) starting from the sixth policy year. Moreover, Tata AIA Mahalife Gold is aimed at individuals seeking a reliable plan that combines insurance protection with wealth accumulation, making it suitable for long-term financial planning and legacy creation.

Tata AIA MahaLife Gold Plan offers you a range of benefits including:

why-choose
  • Lifetime cover up to 100 years of age
  • Maturity benefits
  • Guaranteed additions
  • Cash bonuses
  • Survival benefits

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