Tata AIA Pension Plan Review
Tata AIA Pension Plan offered by the Tata AIA Life Insurance Company. Tata AIA Life Insurance Pension Plan provides the steady income after your retirement. So, better choose a best retirement plan that can act as a savior in your golden years. Tata Pension Plan is designed to provide you a secure and happy retired life. A pension plan is usually a type of retirement plan that gives an opportunity to employees to make contribution aside for a future purpose of living. Tata AIA Life Pension Plan is less expensive depending on the other Plans. This Tata AIA Retirement Plan helps you build an entity that lasts throughout your retired life. You can calculate your premium by using the Tata AIA Life Insurance Freedom Calculator.
Tata AIA Life Insurance Freedom Plan is a Non-Linked Participating Endowment Plan. This Tata AIA Pension Plan provides the Guaranteed Additions to enhance the insured retirement corpus. The customer has an additional advantage of Rider benefit by paying the additional premium. This Tata Pension Plan has more benefits that are available below.
Tata AIA Life Insurance Freedom Plan Policy Details
Tata AIA Pension Plan offers the best policies with a wide range of advantages for you and your family. For Tata AIA Life Insurance Freedom Plan, there are some features, Benefits that mentioned below. Tata Pension Plan offers customized policy that can enclose almost any Retirement need that you might have.
Tata Pension Plan Features
- Throughout the premium paying term, this plan gives the Guaranteed Additions of 10% p.a on annualized premium.
- Compounded Reversionary Bonuses are available for your Retirement corpus.
- There are 2 retirement plan options according to the age. They are as follows.
- For Option – 1, 55 years.
- For Option – 2, 60 years.
- Rider benefit is available.
- Lower premium rates available for female insured candidates.
Tata AIA Retirement Plan Benefits
- Death Benefit: The nominee will receive the 11 times of annualized premium amount.
- Maturity Benefit: Along with sum assured, the insured will receive the compound reversionary bonus and terminal bonus.
- Bonus: Bonus will be given to the policyholder during the policy period/ on maturity/ death/ policy surrender.
- Surrender Benefit: Guaranteed Additions with 10% annualized premium will be payable. This addition will be given at the time of the last premium paying term or on early death or on surrendering the policy.
- Tax Benefit: It will be applicable as per theIncome Tax Act 80(80C). For more Information refer www.taxqueries.in
Tata AIA Retirement Plan Eligibility Criteria
The customers who wanted to buy this policy should know the eligibility criteria. These details are very useful for the customers to know the entry age, coverage term, and other details of Tata AIA Life Insurance Freedom Plan. The following table provides brief details regarding the Tata AIA Pension Plan.
| Minimum Entry Age | 25 years (Last Birthday) |
| Maximum Entry Age | For Option -1, the age is 45 years.
For Option – 2, the age is 50 years. |
| Maximum Maturity Age | For Option -1, 55 years.
For Option – 2, 60 years. |
| Sum Assured Minimum | Rs. 2 Lakhs. |
| Maximum Sum Assured | No limit. |
| Premium Paying Term | For 10 – 14 years policy term, 7/10 years of Premium paying term. For 15 years and above of policy terms, the premium paying terms are 7/10/15 years. |
| Minimum Premium | As per minimum sum assured. |
Tata AIA Retirement Plan Forms
Tata AIA Pension Plan requires the Proposal Form while buying the Tata AIA Life Insurance Pension Policy 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 Insurance Freedom Plan are available below.
Tata AIA Pension Plan Proposal Form.
Tata AIA life insurance freedom plan product brochure.
Tata AIA Life Insurance Contact Details
For any queries call to the Tata AIA Life Insurance Customer care. (Or) Visit the nearest branch of Tata AIA Life Insurance.
Contact Details
The Toll-Free Number is 1800 267 9966.
- 1-860-266-9966 (Local Charges Apply).
- 080 67603700 (Callers Outside India).
SMS: ‘MENU’ to 9221010101.
The official website of Tata AIA Life Insurance is www.tataaia.com.
Tata AIA Life Insurance mail id is customercare@tataaia.com.
Tata AIA Life Insurance Related Posts
Here, we are providing the related posts of the Tata AIA Life Insurance. Click the below links, if you want to know the details about the Tata AIA Life Insurance Login, Tata AIA Pension Plan Online Payment, Tata AIA Life Insurance Freedom Plan Forms and Documents, Tata Pension Plan Policy Status, Tata AIA Life Insurance Freedom Calculator, and Tata AIA Life Insurance Recruitment.