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Tata Aia Diamond Savings Plan vs Child Advantage Plan

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Tata Aia Diamond Savings Plan vs Child 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...

Child Advantage Plan

Bharti Axa Life Child Advantage Plan helps you secure your child's future. This plan comes with maturity benefits as well as life insurance coverage. You can choose additional rider benefits with your Bharti Axa Child Advantage to enhance your coverage benefits. This article provides you with comple...

PLAN DETAILS

Tata Aia Diamond Savings Plan


Child Advantage Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Compound Reversionary Bonus
  • Large Scale Discounts
  • Guaranteed Income
  • Offers Premium Waiver Benefit
  • Choose Maturity Option
  • Choose Premium Payment Term
Plan Uniqueness
  • Compound Reversionary Bonus
  • Terminal bonus
  • Surrender benefit
  • Offers you Premium Waiver Benefit
  • Choose your maturity option
  • Choose your premium payment term
Plan Maturity age Min- 18 years, Max- 75 years Maximum Maturity Age - 76 years
Premium payment term 8, 12, 18, 25 years Same as the policy term
Plan Entry Age Min- 0 years, Max- 50 years 18 years
Sum assured 11 times of the Annualised Premium Rs 25,000 to 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 Minimum term - 11 years Maximum term - 21 years
Claim Settlement Ratio (2024-25) 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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