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Tata Aia Diamond Savings Plan vs Century Plan

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Tata Aia Diamond Savings Plan vs Century Plan

Tata Aia Diamond Savings Plan

Boost your savings with life cover. The Tata AIA Diamond Savings Plan is a protection and savings-based life insurance plan with a guaranteed income option. It offers dual benefits: guaranteed income during the policy term and growth of investments through annual bonuses. The plan includes a compoun...

Century Plan

PNB Century Plan provides whole-life (up to 100 years of age) coverage and income. This investment plan offers survival benefits if you outlive the policy tenure.You can choose from various rider options to enhance your coverage as per your requirements. Flexible options are available to pay the pre...

PLAN DETAILS

Tata Aia Diamond Savings Plan


Century Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Compound Reversionary Bonus
  • Large Scale Discounts
  • Guaranteed Income
  • Multiple plan options
  • Bonuses
  • Flexible income pay
Plan Uniqueness
  • Compound Reversionary Bonus
  • Terminal bonus
  • Surrender benefit
  • Guaranteed cash bonuses
  • Multiple income options
  • Waiver of premiums on demise
Plan Maturity age Min- 18 years, Max- 75 years Maximum Maturity Age - 100 years
Premium payment term 8, 12, 18, 25 years 5 to 15 years
Plan Entry Age Min- 0 years, Max- 50 years Minimum Age: 30 days, Maximum Age: 65 years
Sum assured 11 times of the Annualised Premium No limit
Premium payment frequency Monthly, Quarterly, Half-Yearly or Annually Annual, half-yearly, quarterly & monthly
Plan Sample Premium Rs 49999 -
Plan Brochure Brochure URL Brochure URL
Policy tenure 18 to 25 years 100 minus entry age
Claim Settlement Ratio (2024-25) Minimum Age - 0 year Minimum Age - 3 year

Know More About Plans

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

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

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

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