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Tata Aia Diamond Savings Plan vs Canara Hsbc Money Back Advantage Plan

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Tata Aia Diamond Savings Plan vs Canara Hsbc Money Back 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...

Canara Hsbc Money Back Advantage Plan

Canara HSBC Money Back Advantage Plan is an individual non-linked linked life insurance cum saving plan. It offers comprehensive benefits of saving and protection in the same plan. This investment plan provides three Guaranteed Money Back at the end of the 5th, 9th, and 13th policy year. It also off...

PLAN DETAILS

Tata Aia Diamond Savings Plan


Canara Hsbc Money Back Advantage Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Compound Reversionary Bonus
  • Large Scale Discounts
  • Guaranteed Income
  • 3 Guaranteed money back
  • Policy term for 16 years
  • Limited premium paying term
Plan Uniqueness
  • Compound Reversionary Bonus
  • Terminal bonus
  • Surrender benefit
  • Family protection
  • Limited premium paying term
  • Guaranteed sum assured on maturity
Plan Maturity age Min- 18 years, Max- 75 years 71 year
Premium payment term 8, 12, 18, 25 years 10 year
Plan Entry Age Min- 0 years, Max- 50 years Minimum- 8 years, Maximum- 55 years
Sum assured 11 times of the Annualised Premium Minimum- 1 Lac, Maximum- No Limit
Premium payment frequency Monthly, Quarterly, Half-Yearly or Annually Quarterly, Half yearly, Annually
Plan Sample Premium Rs 49999 -
Plan Brochure Brochure URL Brochure URL
Policy tenure 18 to 25 years 16 years
Claim Settlement Ratio (2023-24) Minimum Age - 0 year Minimum Age - 0 year

Know More About Plans

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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