Tata Aia Smart Income Plus Plan
vs
Lic Aadhaar Shila

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Tata Aia Smart Income Plus Plan vs Lic Aadhaar Shila

Tata Aia Smart Income Plus Plan

Invest smartly with Tata AIA Smart Income Plus – secure savings, guaranteed income, and financial security. A wise man once said, 'Be ready for anything, and nothing seems more important than saving money for a brighter future. A plan like Tata AIA Life Smart Income Plus helps you grow wealth ...

Lic Aadhaar Shila

LIC’s Aadhaar Shila Plan (Plan No: 944) is a non-linked insurance plan, with profits and a regular premium-paying endowment plan. This plan is a combination plan that offers both savings as well as protection. LIC’s Aadhaar Shila Plan is primarily for female policyholders having Aadhaar ...

PLAN DETAILS

Tata Aia Smart Income Plus Plan


Lic Aadhaar Shila

Premium Including GST
Key Features
(Key features of the plan)
  • Income/Endowment Option
  • Premium Boost Discounts
  • 2 Optional Riders
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Different income plan options
  • Endowment options
  • Reduced paid-up policy automatically
  • Auto cover facility
  • Female Only Plan
  • Low premium plan.
Plan Maturity age Min- 18 years, Max- 75 years Maximum Maturity Age - 70 years
Premium payment term 7, 10, 12 years Same as the policy term
Plan Entry Age Min- 0 years, Max- 50 years Minimum Age - 8 years Maximum Age - 55 years
Sum assured 11 times Annualized Premium Rs 75,000 to Rs 3,00,000
Premium payment frequency Monthly, Quarterly, Half-Yearly or Annually Annual, half-yearly, quarterly & monthly
Plan Sample Premium Rs. 18,000 to Rs. 49,999 -
Plan Brochure Brochure URL Brochure URL
Policy tenure 15 years, 21 years, and 25 years Minimum term - 10 years Maximum term - 20 years
Claim Settlement Ratio (2023-24) Minimum Age - 0 year 98.62

Know More About Plans

Overview

Invest smartly with Tata AIA Smart Income Plus – secure savings, guaranteed income, and financial security. A wise man once said, 'Be ready for anything, and nothing seems more important than saving money for a brighter future. A plan like Tata AIA Life Smart Income Plus helps you grow wealth with the promise of protecting your money while providing life coverage against unfortunate death. It is a smart income plan that guarantees you the joy of extra income to fulfil your own future goals. This investment plan allows you to choose between Regular Income or Endowment options, whichever suits your needs best. Besides guaranteed savings or payouts, you can stay protected against accidental death, disability, or critical illnesses by adding add-on riders to your base policy.

Tata AIA Smart Income Plus Plan offers you a range of benefits including:

why-choose
  • Guaranteed Benefits
  • Tax Benefits
  • Flexibility
  • Two policy options
  • 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.