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Tata Aia Smart Income Plus Plan vs Lic New Endowment

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Tata Aia Smart Income Plus Plan vs Lic New Endowment

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 New Endowment

LIC New Endowment Plan-one of the best policy by LIC India. The LIC New Endowment plan (Plan No: 914) is a must-avail plan considering the many benefits it offers to the customer. It is a non-linked life insurance policy that offers guaranteed returns and bonuses. The policy offers a great bandwidth...

PLAN DETAILS

Tata Aia Smart Income Plus Plan


Lic New Endowment

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
  • Death Benefits
  • Maturity Benefits
  • Survival Benefits
Plan Maturity age Min- 18 years, Max- 75 years Maximum Maturity Age - 75 years
Premium payment term 7, 10, 12 years Same as 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 1 lakh to No limit
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 - 12 years Maximum term - 35 years
Claim Settlement Ratio (2024-25) Minimum Age - 0 year 98.5%
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Know More About Plans

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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