Professional Documents
Culture Documents
All in all, these solutions w ill cater to your protection, w ealth and health protection needs. At Tata AIA Life Insurance, w e are committed to help you w ith solutions
that w ill provide Param Rakshakaran to your family so that you can enjoy life w ithout any w orries.
Best W ishes
Tata AIA Life Insurance Company Limited
Param Rakshak solution comprises of Tata AIA Life Insurance Smart Sampoorna Raksha and Tata AIA Vitality Protect Plus
Param Rakshak Plus solution comprises of Tata AIA Life Insurance Smart Sampoorna Raksha, Tata AIA Vitality Protect Plus and Tata AIA Vitality Health Plus
Tata AIA Life Insurance Smart Sampoorna Raksha,A Unit-linked, Non-participating, Individual Life Insurance Plan for Savings and Protection
(UIN:110L156V02); Tata AIA Vitality Protect Plus, A Non-linked, Non-participating, Individual Health Rider (UIN: 110A048V01) and Tata AIA Vitality Health Plus, A
Non-linked, Non-participating, Individual Health Rider (UIN: 110A047V01).
* Tata AIA Vitality:: A W ellness Program that offers you an upfront discount at policy inception. You can also earn premium discount / cover booster (as
applicable) for subsequent years on policy anniversary basis your Vitality Status (tracked on Vitality app)
Disclaimers: : THE LINKED INSURANCE PRODUCT DO NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. THE POLICY HOLDER
W ILL NOT BE ABLE TO SURRENDER/W ITHDRAW THE MONIES INVESTED IN LINKED INSURANCE PRODUCTS COMPLETELY OR PARTIALLY TILL THE END OF THE
FIFTH YEAR. For more details please refer to the customized benefit illustration and terms & conditions of the product. In case of any inconsistency betw een this
letter and policy document, the policy document shall alw ays prevail. Vitality is a trademark licensed to Tata AIA Life by Amplify Health Assets PTE. Limited, a joint
venture betw een Vitality Group International, INC. and AIA Company Limited. The assessment under the w ellness program shall not be considered as a medical
advice or a substitute to a consultation/treatment by aprofessional medical practitioner. All investments made by the Company are subject to market risks. The
Company does not guarantee any assured returns. The investment income and price may go dow n as w ell as up depending on several factors influencing the
market. Please know the associated risks and the applicable charges, from your Insurance Agent or the Intermediary or Policy Document issued by the Insurance
Company.Please make your ow n independent decision after consulting your financial or other professional advisor. The performance of the managed portfolios and
funds is not guaranteed and the value may increase or decrease in accordance w ith the future experience of the managed portfolios and funds.The solutions are
underw ritten by Tata AIA Life Insurance Company Limited.
The solutions are not guaranteed issuance solutions and it w ill be subject to Company’s underw riting and acceptance.Buying a Life Insurance Policy is a long-term
commitment.An early termination of the policy usually involves high costs and the surrender value payable may be less than all the premium paid.Unit Linked Life
Insurance products are different from traditional insurance products and are subject to risk factors.The fund is managed by Tata AIA Life Insurance Company Ltd.
(hereinafter the “Company”). Tata AIA Life Insurance Company Limited is only the name of the Insurance Company & Tata AIA Life Insurance Smart Sampoorna
Raksha is only the name of the Unit Linked Life Insurance contract and does not in any w ay indicate the quality of the contract, its future prospects or
returns.Various funds offered under this contract are the names of the funds and do not in any w ay indicate the quality of these plans, their future prospects and
returns.Premium paid in Unit Linked Life Insurance policies are subject to investment risks associated w ith capital markets and the NAVs of the units may go up or
dow n based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Past performance is not
indicative of future performance.Returns are calculated on an absolute basis for a period of less than (or equal to) a year, w ith reinvestment of dividends(if any).
Life insurance cover is available under the solution.For details on products, associated risk factors, terms and conditions please read Sales Brochure carefully before
concluding a sale. The precise terms and condition of this plan are specified in the Policy Contract. • L& C/Advt/2022/Oct/2547.
Tata AIA Life Insurance Company Limited (IRDAI Regn. No.110) CIN: U66010MH2000PLC128403. Registered & Corporate Office: 14th Floor, Tow er A,
Peninsula Business Park, Senapati Bapat Marg, Low er Parel, Mumbai - 400013. Trade logo displayed above belongs to Tata Sons Ltd and AIA Group Ltd.and is used
by Tata AIA Life Insurance Company Ltd under a license.For any information including cancellation, claims and complaints, please contact our Insurance Advisor /
Intermediary or visit Tata AIA Life’s nearest branch office or call 1-860-266-9966 (local charges apply) or w rite to us at customercare@tataaia.com.Visit us at:
www.tataaia.com.
BEWARE OF SPURIOUS PHONE CALLS AND IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums.Public
FICTITIOUS / FRAUDULENT OFFERS receiving suchphone calls are requested to lodge a police complaint
BENEFIT ILLUSTRATION
Tata AIA Life Insurance Smart Sampoorna Raksha
Proposal No: U163982586
Name of the Prospect / Policyholder: uttam pal Name of the Product: Tata AIA Life Insurance Smart Sampoorna Raksha
Age (yrs) : 32 Tag Line : Unit-linked, Non-participating, Individual Linked Non-Participating Life Insurance Savings Plan
Name of the Life Assured : uttam pal Unique Identification No.: 110L156V02
Age (yrs) : 32 GST Rate: 18.0%
Sum Assured (Rs.): 100,00,000 Investment Strategy Opted for: NIL
Policy Term (yrs): 40 Funds opted for along with their risk level
Premium Payment Term (yrs): 12 Fund Name A llocation Percentage Risk Profile
Amount of Instalment Premium (Rs.): 6,033 Large Cap Equity Fund (ULIF 017 07/01/08 TLC 110) 10% High
Whole Life Mid-cap Equity Fund (ULIF 009 04/01/07 WLE 110) 10% High
Mode of Payment of Premium : Monthly
Whole Life Aggressive Growth Fund (ULIF 010 04/01/07 WLA 110) 10% Medium to High
Whole Life Stable Growth Fund (ULIF 011 04/01/07 WLS 110) 0%
Whole Life Income Fund (ULIF 012 04/01/07 WLI 110) 0%
Whole Life Short Term Fixed Income Fund (ULIF 013 04/01/07 WLF 110) 0%
Multi Cap Fund (ULIF 060 15/07/14 MCF 110) 50% High
India Consumption Fund (ULIF 061 15/07/14 ICF 110) 0%
Super Select Equity Fund (ULIF 035 16/10/09 TSS 110) 0%
Top 50 Fund (ULIF 026 12/01/09 ITF 110) 10% High
Top 200 fund (ULIF 027 12/01/09 ITT 110) 10% High
Emerging Opportunities Fund (ULIF 064 12/09/22 EOF 110) 0%
Sustainable Equity Fund (ULIF 065 12/09/22 ESG 110) 0%
Dynamic Advantage Fund (ULIF 066 12/09/22 DAF 110) 0%
Rider Details
Wellness Programme Yes Utilization of rewards (if Wellness program opted) Premium Discount
Details of Life
Rider Name/UIN^ (Benefit Insured/Partner under the Benefit Payout
Option/Benefit Payout Option) Benefit Option Return of Benefit Premium Sum Premium p.a. Year 1
premium Option Payment A ssured without GST Discount
Lumpsum Income Income Option Term Term (Rs.) (Rs.) (Rs.)
Name A ge(yrs) Gender (Rs.) p.a. Duration
(Rs.) (yrs)
VPP - Accidental Death (Lumpsum
uttam pal 32 Male 5000000 0 0 No 40 12 5000000 4550 240
Benefit) UIN:110A047V01
VPP - Accidental Total & Permanent
Disability (Lumpsum Benefit) uttam pal 32 Male 5000000 0 0 No 40 12 5000000 2750 144
UIN:110A047V01
^VPP - Tata AIA Vitality Health Plus, (A Non - linked, Non - participating, Individual Health Rider, UIN: 110A047V01)
Premium Summary
Base Plan Riders Total Instalment Premium
Instalment Premium without GST (Rs.) 5,272 645 5,917
Instalment Premium with First year GST (Rs.) 5,272 761 6,033
Instalment Premium post applicable discount with First year GST (Rs.) 5,272 724 5,996
Instalment Premium with GST 2nd year onwards (Rs.) 5,272 761 6,033
Discount applicable and Installment Premium payable 2nd year onwards will depend on the Wellness status of the Insured
*Other charges includes Premium Allocation Charge, Policy Admin Charge, Fund Management Charge and Rider Charges, if any. See Part B for details.
IN THIS POLICY, THE INVESTMENT RISK IS BORNE BY THE POLICYHOLDER AND THE ABOVE INTEREST RATES ARE ONLY FOR ILLUSTRATIVE PURPOSE.
I ............ (name), have explained the premiums, charges and benefits under the I ............ (name), having received the information with respect to the above, have understood the
policy fully to the prospect / policyholder. above statement before entering into the contract.
Place:
Notes:
1. Refer the sales literature for explanation of terms used in this illustration.
2. Fund management charge is based on the specific fund option(s) chosen.
3. *Additions to the Fund refers to the periodic additions through A) Refund of 2X Mortality Charges, B) Refund of 2X Premium Allocation Charges and C) Cover Continuance Booster.
The rider sum assured shall remain unchanged for a period as specified under ‘Guaranteed Period’ from the Date of Commencement of the benefit option. Upon the completion of Guaranteed Period’,
the sum assured as applicable for the benefit option may be revised or the policyholder may be given an option of top up premium to restore the benefit to original amount, subject to IRDAI’s
approval. The top up premium may be payable as a single premium/ level premium during the block of next guarantee period. The requirement of paying the Top up premium in order to continue
with the current level of benefit may be applicable even after expiry of limited pay premium term.
I ........... (name), have explained the premiums, charges and benefits under the I ........... (name), having received the information with respect to the above, have understood the
policy fully to the prospect / policyholder. above statement before entering into the contract.
Place:
Date: ....... Signature of Agent/ Intermediary/ Official Date:......... Signature of Prospect/ Policyholder
Tata A IA Life Insurance Company Ltd. (IRDA of India Regn No. 110) (CIN: U66010MH2000PLC128403)
Registered and Corporate Office: 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai- 400013
Trade logo displayed above belongs to Tata Sons Ltd and AIA Group Ltd. and is used by Tata AIA Life Insurance Company Ltd under a license.
For more information, Call the Tata AIA Life Insurance Company Ltd Helpline number1860-266-9966 (local charges apply) or Visit us at: www.tataaia.com