Tata aia life wealth pro plan

Tata Aia Life Insurance Wealth Maxima Plan Review

TATA AIA Life Insurance Wealth Maxima is a Unit Linked insurance Plan covering the insured till 100 years of age and also providing returns which are linked Highlights of the TATA AIA Life Insurance Wealth Maxima Plan Working of the TATA AIA Life Insurance Wealth Maxima Plan Benefits and Features of TATA AIA Life Insurance Wealth Maxima Plan * Maturity Benefit – On maturity, the Fund Value including the Loyalty Addition would be paid to the policyholder. The maturity benefit can also be availed in installments over 5 years through the Settlement Option feature of the plan. Eligibility Criteria of TATA AIA Life Insurance Wealth Maxima Plan Premium payable |

Single Pay – Rs.5 lakhs Limited Pay – Rs.250,000 | No limit Applicable charges in TATA AIA Life Insurance Wealth Maxima Plan Policy year | Premium Allocation Charge for Premiums less than Rs.5 lakhs | Premium Allocation Charge for Premiums equal to and more than Rs.5 lakhs 1 | 6% | 5.50% 2 | 5.50% | 5% 3 to 5 | 5% | 4.50% 6 to 7 | 4% | 3.5% 8 to 10 | 3% | 2.5% 11 and above | 1.50% | 1% Additional Benefits of TATA AIA Life Insurance Wealth Maxima Plan * Partial Withdrawals –Four partial withdrawals are allowed in the plan after a completion

of 5 policy years if the insured is above 18 years of age. The minimum amount of partial withdrawal is Rs.5000 and the maximum allowed withdrawal amount is such that the Fund Value after withdrawal should not be less than one annual premium. In case of single pay policies, the fund value after withdrawals should not fall below 5% of the single premium paid. Exclusions in TATA AIA Life Insurance Wealth Maxima Plan Non-payment of premiums in TATA AIA Life Insurance Wealth Maxima Plan 4 Best US Mid-Cap Index Mutual Funds Mid-cap stocks are the unsung heroes of the stock market, often holding their own against their large-cap counterparts.

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Tata and AIA both combinedly offering a Wealth Pro Plan. It is A Non- Participating Unit Linked Endowment Insurance plan. The Unique Identification Number of Tata AIA Life Insurance Wealth Pro Plan is 110L111V01. Here we have provided some key features, Benefits, and Eligibility Conditions for the Wealth Pro Plan.

Maturity Benefit | If the policyholder survives till the end of the policy term, he/she will get total fund value on the maturity date. Death Benefit | If the policyholder encounters death in an unfortunate event and the policy is still active, the legal heir or the nominee will receive the highest of: * Single premium fund value or regular premium fund value, or * Basic sum assured after deduction of all withdrawals from single premium fund value or regular premium fund value, or * 10 times of annualised premium if the policyholder chooses limited premium payment term,

or * 105% of the single premiums or regular premiums paid Along with the above, the policyholder’s nominee or legal heir also receives: * 105% of the top premiums, or * Top up fund value under the policy, or * Applicable top up sum assured

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Benefits Advantages Of The Tata Aia Life Insurance Wealth Maxima Plan

Eligibility Who Is The Tata Aia Life Insurance Wealth Maxima Plan For

In order to buy the Tata AIA Life Insurance Wealth Maxima plan, a customer has to fulfil certain eligibility criteria with respect to his/her age and the amount of insurance he/she seeks. These conditions are as shown below: Minimum age at entry | 0 years Maximum age at maturity | 100 years Term of the policy | 100 minus the entry age Sum Assured – It is the amount that is paid after the end of the policy term. In case the policyholder encounters death in an unfortunate event, the sum assured is paid out to the nominee or beneficiary of the insured individual. Premiums – It is the amount that is paid by the policyholder at one go or

at regular intervals in order to keep the policy active and running. The premium payment mode that can be availed under the Tata AIA Life Insurance Wealth Maxima plan are monthly, quarterly, semi-annual and annual. The minimum premium to be paid by the policyholder under the Limited Pay plan is Rs.2,50,000 per annum. The minimum premium to be paid by the policyholder under the Single Pay plan is Rs.5,00,000. There is no limit on the maximum premium paid by the policyholder. Premium Payment Mode | Monthly, quarterly, semi-annual and annual * Limited Pay (7 years, 8 years, 9 years, 10 years, 15 years and 20 years) Minimum Premium (Single Pay) | Rs.5,00,000 Minimum Premium (Limited Pay) | Rs.25,00,000 Maximum

Premium | No limit Disclaimer – The premiums may vary depending upon factors like term of the plan, location, age, etc.

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Tata Aia Life Insurance Insta Wealth Plan

Tata Aia Life Wealth Plans

As almost all of our Indian Families Depends on a Single Person. If Something happens to a Sole Earner, the whole family will be affected. To Protect the Family even in Uncertainties Tata AIA Life Insurance Company has introduced the Wealth Plans. Tata AIA Life Wealth Plans Provide Safety and Security to your Family even in your Absence. Tata AIA Life Wealth Plans are the Ideal Solution to Provide a Strong Foundation to Protect the Income of our Loved Ones. It is sure that you will get a Peace of Mind and at the Same time, it will provide Financial Support to your Family in case of unfortunate/ sudden death

of life Assured. Interested Users can buy the Tata AIA Life Protection Plans at a very attractive and easily affordable Price. The Various Protections Plans available under Tata AIA Life Insurance are Wealth Pro, InvestOne, Fortune Maxima, Fortune Pro, and Wealth Maxima.

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