Tata AIA Money Back Plan Review
Tata AIA Money Back Plan is the best Money back plan offered by Tata AIA Life Insurance. The Tata AIA Life Insurance Money Back Plus is an Endowment Assurance Plan, which provides liquidity at regular intervals of the policy term. The Money Back Plan of Tata AIA provides assistance to the Life Insured for important occasions of life such as child education, plan for a wedding, developing career, etc. The Tata AIA Life Money Back Plan provides the sum assured at regular intervals with survival benefit on maturity. In Case of the unfortunate death of the Life Insured, the Tata AIA Life Money Back Plus provides the Lump Sum amount to the Nominee with no extra Survival Benefits. The Tata AIA Money Back Plus provides both Death and Maturity Benefit, so the premiums are generally high. The Tata AIA Life Insurance Money Back Plan Premium can be paid online by using the Tata AIA Online Payment.
The Tata AIA Life Insurance provides the Money Back Plan in which the Life Insured can choose the Sum Assured and Policy Term as per the requirement. The Premium of Tata AIA Money Back Plus will be calculated on basis Age, Policy Term, Basic Sum Assured, Premium Payment Mode chosen. The Tata AIA Life Insurance Money Back Plus provides an Accidental Death Benefit in the case of unfortunate death due to the accident. The Premium can be calculated by using Tata AIA Premium Calculator. The More Details about the Tata AIA Life Money Back Plus is available on the Official Website of Tata AIA Life Insurance. The Features and Benefits of Tata AIA Money Back Plan are available below.
Tata AIA Life Money Back Plan Details
Tata AIA Money Back Plan is tailor-made Plan, which provides the money at regular intervals to the Life Insured. The Tata AIA Life Insurance Money Back Plus meets the needs of the Insured for Children Education, Career Development, Starting of Business, Dream of own house, etc. The Life Assured have to read the features and benefits before taking the Tata AIA Life Money Back Plus. In the case of unfortunate death of Life Insured, the Nominee will receive the Death Benefit. Refer the eligibility conditions of Tata AIA Money Back Plus below.
Tata AIA Life Insurance Money Back Plus Key Features
The Key Features of Tata AIA Money Back Plan are available below.
- The Tata AIA Life Insurance Money Back Plus provides Life cover throughout the policy term.
- The Survival payouts of up to 130% sum assured is provided at regular intervals throughout the term.
- The Premium Payment is limited which is equal to half of the policy term.
- In the case of Accidental Death, additional protection is provided by the Tata AIA Life Money Back Plus.
- The Savings can be enhanced by Compounded Reversionary Bonus & Terminal Bonus.
- To meet the needs of the Life Insured, Lump sum Maturity Addition is provided.
Tata AIA Life Money Back Plus Benefits
- Death Benefit: In Case of Death of the Life Assured, the Death Benefit is provided to the Nominee as a lump sum amount as basic sum assured.
- Maturity Benefit: At the time of maturity, Guaranteed Sum Assured is provided along with vested Compound Reversionary Bonus and Terminal Bonus, if any, is payable.
- Tax Benefit: You can get tax benefits on Tata AIA Life Money Back Plus for premiums paid as per the prevailing tax laws at the time of payment of premium. For more Information refer www.taxqueries.in
- Accidental Death Benefit: If the death of the Life Insured occurs due to the accident, the Additional amount is paid along with the basic sum assured.
Tata AIA Money Back Plus Eligibility Criteria
The customers who wanted to buy this policy should meet the below eligibility criteria. The details provided in this Tata AIA Money Back Plus Plan is maturity age, policy term, premium payment term, entry age of life assured and child, and other details. The following table shows the brief details about the Tata AIA Money Back Plan.
Minimum Entry Age | 2 years. |
Maximum Entry Age | 51 years. |
Minimum Maturity Age | 18 years. |
Maximum Maturity Age | 75 years. |
Payment Mode | Annual/Semi-annual/Monthly. |
Policy Term | 16, 20, 24 years. |
Premium Payment Term | 8, 10, 12 years. |
Minimum Basic Sum Assured | Rs 2,00,000/- |
Maximum Basic Sum Assured | No Limit. |
Tata AIA Money Back Plan Forms
Tata AIA Money Back Plan requires the Proposal Form to buy the Tata AIA Life Insurance Money Back Plus Plan Offline. The customers may know the details using the product Boucher, policy document, etc. Required forms and documents to know the full details of Tata AIA Life Money Back Plan are available below.
Tata AIA Life Money Back Plus Related Posts
Here, we are providing the related posts of Tata AIA Life Insurance. Click the below links, if you want to know the details about the Tata AIA Life Insurance Login, Tata AIA Money Back Plan Online Payment, Tata AIA Life Insurance Forms and Documents, Tata AIA Money Back Plus Policy Status, Tata AIA Premium Calculator, and Tata AIA Recruitment.