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Tata Aia Diamond Savings Plan vs Lic Jeevan Labh

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Tata Aia Diamond Savings Plan vs Lic Jeevan Labh

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...

Lic Jeevan Labh

LIC Jeevan Labh (Plan No: 936) is a limited premium paying, non-linked (Not dependent on equity-based funds and money/share market) with-profit endowment plan that comes out with various benefits to serve its clients. It offers a combination of protection and savings that means you will stay protect...

PLAN DETAILS

Tata Aia Diamond Savings Plan


Lic Jeevan Labh

Premium Including GST
Key Features
(Key features of the plan)
  • Compound Reversionary Bonus
  • Large Scale Discounts
  • Guaranteed Income
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Compound Reversionary Bonus
  • Terminal bonus
  • Surrender benefit
  • Death Benefits
  • Maturity Benefits
  • Rebates
Plan Maturity age Min- 18 years, Max- 75 years Maximum Maturity Age - 75 years
Premium payment term 8, 12, 18, 25 years 10,15,16 years
Plan Entry Age Min- 0 years, Max- 50 years Minimum Age - 18 years Maximum Age - 65 years
Sum assured 11 times of the Annualised Premium Rs 2 lakhs 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 16,21,25 years
Claim Settlement Ratio (2024-25) Minimum Age - 0 year 98.5%
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LIC Jeevan Labh 936 Plan

LIC Jeevan Labh 936 Plan

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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