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Tata Aia Smart Income Plus Plan vs Lic Single Premium Endowment

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Tata Aia Smart Income Plus Plan vs Lic Single Premium Endowment

Tata Aia Smart Income Plus Plan

Invest smartly with Tata AIA Smart Income Plus – secure savings, guaranteed income, and financial security. This investment plan helps you grow wealth, protects your money, and provides life coverage. It is a smart income plan that guarantees extra income to fulfill your future goals. This investm...

Lic Single Premium Endowment

It is a traditional endowment plan offering death and maturity benefits to the policyholder, along with a bonus facility. The premium is paid as a lump sum at the start of the policy. This plan serves both investment and protection purposes, securing your family in case of an untimely demise. It off...

PLAN DETAILS

Tata Aia Smart Income Plus Plan


Lic Single Premium 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
  • Policy Loan
Plan Maturity age Min- 18 years, Max- 75 years Maximum Maturity Age - 75 years
Premium payment term 7, 10, 12 years Single Premium
Plan Entry Age Min- 0 years, Max- 50 years Minimum Age - 90 days, Maximum Age - 65 years
Sum assured 11 times Annualized 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. 18,000 to Rs. 49,999 -
Plan Brochure Brochure URL Brochure URL
Policy tenure 15 years, 21 years, and 25 years Minimum - 10 years, Maximum - 25 years
Claim Settlement Ratio (2024-25) Minimum Age - 0 year 98.5%

Know More About Plans

Invest smartly with Tata AIA Smart Income Plus – secure savings, guaranteed income, and financial security. This investment plan helps you grow wealth, protects your money, and provides life coverage. It is a smart income plan that guarantees extra income to fulfill your 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 riders to your base policy.

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

  • Guaranteed Benefits
  • Tax Benefits
  • Flexibility
  • Two policy options
  • Long-term income option
  • Additional riders

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