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Tata Aia Smart Income Plus Plan vs Lic

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Tata Aia Smart Income Plus Plan vs Lic

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

Jeevan Akshay- VII (Table No. 857) is a single premium, non-linked, and non-participating immediate annuity plan. It pays annuity or pension to the policyholder on annuity age. The annuity plan also allows joint life cover. The plan provides annuity payments of a stated amount throughout the lifetim...

PLAN DETAILS

Tata Aia Smart Income Plus Plan


Lic

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
  • Annuity Options
  • Loan Facility
  • Guaranteed Annuity Rates
Plan Maturity age Min- 18 years, Max- 75 years Maximum Maturity Age - Whole life
Premium payment term 7, 10, 12 years -
Plan Entry Age Min- 0 years, Max- 50 years Minimum Age - 25 years Maximum Age - 100 years
Sum assured 11 times Annualized Premium Rs 1 lakhs 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 - 5 years Maximum term - Whole life
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. 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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