Tata Aia Diamond Savings Plan
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Bharti Axa Life Elite Advantage Plan

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Tata Aia Diamond Savings Plan vs Bharti Axa Life Elite Advantage Plan

Tata Aia Diamond Savings 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 insurance plan with a guaranteed income option. The plan offers dual benefits of guaranteed income during the policy term and growth of investments th...

Bharti Axa Life Elite Advantage Plan

Bharti Axa Elite Advantage offers its policyholders dual benefits, including death and maturity benefits. You can also choose rider benefits with this plan which helps you increase the overall coverage of your plan. This article provides you with complete details about the Elite Advantage Plan inclu...

PLAN DETAILS

Tata Aia Diamond Savings Plan


Bharti Axa Life Elite Advantage Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Compound Reversionary Bonus
  • Large Scale Discounts
  • Guaranteed Income
  • Flexible premium payment term
  • Loan on policy
  • Guaranteed maturity sum
Plan Uniqueness
  • Compound Reversionary Bonus
  • Terminal bonus
  • Surrender benefit
  • Flexible premium payment terms
  • Life insurance cover
  • Maturity benefits
  • Loan on policy
Plan Maturity age Min- 18 years, Max- 75 years Maximum - 65 years
Premium payment term 8, 12, 18, 25 years 5,7 and, 12 years
Plan Entry Age Min- 0 years, Max- 50 years Minimum - 6 years
Sum assured 11 times of the Annualised Premium Minimum- Depends on the minimum premium, Maximum- No limit
Premium payment frequency Monthly, Quarterly, Half-Yearly or Annually Quarterly, Half-yearly, and Yearly.
Plan Sample Premium Rs 49999 Rs 12000
Plan Brochure Brochure URL Brochure URL
Policy tenure 18 to 25 years 10 and 12 years
Claim Settlement Ratio (2023-24) Minimum Age - 0 year Minimum Age - 0 year

Know More About Plans

Overview

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 insurance plan with a guaranteed income option. The plan offers dual benefits of guaranteed income during the policy term and growth of investments through annual bonuses. It includes a compound reversionary or terminal bonus at the end of each financial year if any is declared. Along with guaranteed savings or income, you can stay protected against accidental death, disability, or critical illnesses by adding add-on riders to your base policy. Tata AIA offers a special discount on the assured benefit for policyholders if they opt for a hefty premium.

Tata AIA Life Insurance Diamond Savings Plan offers you a range of benefits including:

why-choose
  • Guaranteed Benefits
  • Tax Benefits
  • Flexibility
  • Surrender Benefit
  • Long-term income option
  • Additional riders

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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.