Tata Aia Diamond Savings Plan
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Lic Single Premium Endowment

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Tata Aia Diamond Savings Plan vs Lic Single Premium Endowment

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 Single Premium Endowment

It is a traditional endowment with death and maturity benefits to the policyholder. Even a bonus facility is given along. In this plan, the premium is paid in the starting which is paid in a lump sum amount. It serves the investment purpose and even secures you if you face an untimely demise. There ...

PLAN DETAILS

Tata Aia Diamond Savings Plan


Lic Single Premium Endowment

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
  • Policy Loan
Plan Maturity age Min- 18 years, Max- 75 years Maximum Maturity Age - 75 years
Premium payment term 8, 12, 18, 25 years Single Premium
Plan Entry Age Min- 0 years, Max- 50 years Minimum Age - 90 days Maximum Age - 65 years
Sum assured 11 times of the Annualised Premium Rs 50,000 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- 10 years Maximum-25 years
Claim Settlement Ratio (2023-24) Minimum Age - 0 year 98.62

Know More About Plans

Overview

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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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.