Tata Aia Diamond Savings Plan
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Retire Smart

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Tata Aia Diamond Savings Plan vs Retire Smart

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...

Retire Smart

SBI Life Retire Smart Plan is a unit-linked non-participating pension plan that guarantees 101% of all premiums paid by the policyholder on maturity and also protects your funds from market volatility. Along with the life insurance cover, multiple fund options such as equity Pension Fund, Bond Pensi...

PLAN DETAILS

Tata Aia Diamond Savings Plan


Retire Smart

Premium Including GST
Key Features
(Key features of the plan)
  • Compound Reversionary Bonus
  • Large Scale Discounts
  • Guaranteed Income
  • Protection After Retirement For Better Tomorrow
  • The Plan Offers Guaranteed Additions Available
  • Get The Tax Benefit On Premium Paid
Plan Uniqueness
  • Compound Reversionary Bonus
  • Terminal bonus
  • Surrender benefit
  • Guaranteed Benefits
  • Terminal Benefits
  • Advantage Option
Plan Maturity age Min- 18 years, Max- 75 years Maximum Maturity Age - 80 years
Premium payment term 8, 12, 18, 25 years 5/8/10/15 years
Plan Entry Age Min- 0 years, Max- 50 years Minimum Age - 30 years Maximum Age - 70 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 10, 15, 30 years
Claim Settlement Ratio (2023-24) Minimum Age - 0 year Minimum Age- 30 year

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.