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Tata Aia Diamond Savings Plan vs Lic New Children Money Back

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Tata Aia Diamond Savings Plan vs Lic New Children Money Back

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 New Children Money Back

The future of the world depends on the strength of the children today. But if they are not prepared for that purpose, the dream will be unattainable. This is why there are certain premium policies available for children to secure their future on the whole. LIC's New Children Money Back Plan (Plan No...

PLAN DETAILS

Tata Aia Diamond Savings Plan


Lic New Children Money Back

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
  • Survival Benefits
Plan Maturity age Min- 18 years, Max- 75 years Maximum Maturity Age - 25 years
Premium payment term 8, 12, 18, 25 years 25 minus Age at Entry
Plan Entry Age Min- 0 years, Max- 50 years Minimum Age - 0 years Maximum Age - 12 years
Sum assured 11 times of the Annualised Premium Rs 1 lakh 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 25 minus Age at Entry
Claim Settlement Ratio (2024-25) Minimum Age - 0 year 98.5%
Recommended Videos
LIC New Children Money Back Plan 932 Details

LIC New Children Money Back Plan 932 Details

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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