Maha Raksha

Supreme Select
Non-Linked, Non-Participating Life Insurance Product

About Tata AIA Life

Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint
venture company, formed by Tata Sons and AIA Group Limited (AIA).
Tata AIA Life combines Tata’s pre-eminent leadership position in India
and AIA’s presence as the largest, independent listed pan-Asia life
insurance group in the world spanning 18 markets in Asia Pacific. Tata
Sons holds a majority stake (51 per cent) in the company and AIA holds
49 per cent through an AIA International Limited. Tata AIA Life
Insurance Company Limited was licensed to operate in India on
February 12, 2001 and started operations on April 1, 2001.

Tata AIA Life Insurance Company Limited (IRDAI Regn. No.110)

CIN: U66010MH2000PLC128403.
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 any information including cancellation,
claims and complaints, please contact our Insurance Advisor / Intermediary
1-860-266-9966
(local charges apply) or write to us at [email protected].
Visit us at: www.tataaia.com.
Unique Reference Number: L&C/Advt/2024/Feb/0623 • UIN: 110N171V02
Tata AIA Maha Raksha Supreme Select 1. Key Highlights
• Flexibility to choose from 7 unique Death Benefit options
We all want to ensure that our loved ones are never short in
terms of financial resources to live the life of their dreams. We • Whole of life cover available
also want to ensure that the burden of our debts and loans • Acceleration of 50% of base sum assured on diagnosis of
does not become a burden for them and their happiness. The terminal illness
best way to do this is through a Term insurance plan. • Inbuilt waiver of premium on terminal illness
• Flexibility to cover spouse under joint life option
Tata AIA Maha Raksha Supreme Select is exactly that solution • Choice to increase cover for a specific period or throughout
that provides the required financial protection to your family. the policy term
Tata AIA Maha Raksha Supreme Select, a Non-Linked, Non
• Option to receive death benefit as lumpsum and/or
Participating, Individual Life Insurance Product, offers you a instalments
wide range of choices to fulfill your family’s specific needs of
• 15% lower premium for Female lives
financial protection.
• Enhance your protection through our comprehensive riders
with unique health and wellness benefits

2. Parameters at a Glance
Plan Parameters Minimum Maximum
Benefit Option POS Other than POS
Life Secure 60
Life Secure Plus 55
Joint Life Secure5 60
For PoS & other than PoS : 18 years applicable for Life Secure, Life
Age at Entry Secure Plus, Joint Life Secure, Joint Life Secure Plus, Step-Up Secure Joint Life 55
Secure Plus5 65
(years)1 and Step-up Secure Plus option
45 years applicable for Legacy Secure Plus option Step-Up Secure 60
Step-Up
55
Secure Plus
Legacy
Secure Plus Not Applicable
Benefit Option POS Other than POS
Life Secure 23 18 For PoS : 65 years applicable for Life Secure, Life
Secure Plus, Joint Life Secure5, Joint Life Secure
Life Secure Plus 28 28
Plus5, Step-Up Secure and Step-up Secure Plus
Joint Life Secure5 23 23 option

Age at Maturity Joint Life Secure Plus5

28 28
For other than PoS : 100 years applicable for Life
(years)1 Step-Up Secure 23 23 Secure, Life Secure Plus, Joint Life Secure5, Joint
Life Secure Plus5, Step-Up Secure, Step-up Secure
Step-Up Secure Plus 28 28
Plus and Legacy Secure Plus option
Legacy Secure Plus Not Applicable 100
• Life Secure • Life Secure Plus • Joint Life Secure • Joint Life Secure Plus
Plan Option2
• Step-Up Secure • Step-Up Secure Plus • Legacy Secure Plus

1 2
 For PoS
Benefit Option Regular pay Limited pay Single pay
Min Max Min Max Min Max
Life Secure 60 61 60
Life Secure Plus 120 120 120
Joint Life Secure 60 61 60
Joint Life 564 564 564
120 120 120
Secure Plus
Step-Up Secure 60 61 60
Step-Up
120 120 120
Secure Plus
Policy Term Legacy
Not Applicable
(PT)3 Secure Plus
For Other than PoS
Benefit Option Regular pay Limited pay Single pay
Min Max Min Max Min Max
Life Secure 13 14 1
Life Secure Plus 120 120 120
Joint Life Secure 13 14 1
Joint Life 984 984 984
120 120 120
Secure Plus
Step-Up Secure 60 60 60
Step-Up
120 120 120
Secure Plus
Legacy
Secure Plus Not Applicable 100 – Entry Age

If “Joint Life Secure” or “Joint Life Secure Plus” option is chosen, the maximum policy term will be determined basis older of the 2 lives.
Regular Pay - Equal to Policy Term, subject to the boundary conditions mentioned below.
Single Pay – Lump sum at Policy inception
Limited pay – Subject to the boundary conditions below with maximum Premium Paying Term limited to Policy Term less 1 month.
For PoS
Benefit Option Regular pay Limited pay
Min Max Min Max
Premium
Payment Term Life Secure 60
(PPT)3 Life Secure Plus 120
Joint Life Secure 60
564 60 563
Joint Life Secure Plus 120
Step-Up Secure 60
Step-Up Secure Plus 120
Legacy Secure Plus Not Applicable

3 4
 For Other than PoS
Benefit Option Regular pay Limited pay
Min Max Min Max
Life Secure 13 13
Life Secure Plus 120 60
Joint Life Secure 13 13
984 983
Joint Life Secure Plus 120 60
Step-Up Secure 60 60
Step-Up Secure Plus 120 60
Legacy Secure Plus Not Applicable 5 15
No Limit subject to Board approved underwriting
Life Secure, Life Secure Plus, Joint Life Secure and Joint Life policy (BAUP)
Secure Plus, Step-Up Secure, Step-Up Secure Plus: ₹ 25,00,000
Basic Sum For Legacy Secure Plus, the maximum sum assured
Assured Legacy Secure Plus: will also be subject to a maximum of:
Single Pay: ₹ 1,25,000 Single Pay: 1.25 times the Single Premium
Limited Pay: ₹ 2,10,000 Limited Pay: 10 times Annualised Premium

Premium
Single Pay/ Yearly/ Half- Yearly/ Quarterly/ Monthly
Payment Mode
Any reference to age is as on last birthday
1

The plan option can be selected only at inception of the policy

2 Payor Accelerator Benefit illustration:
3
For all options other than Legacy Secure Plus, the figures are in months. For Mr. Rahul, a 40 year old healthy, non-smoker male purchases
Legacy Secure Plus Option, the figures are in years Tata AIA Maha Raksha Supreme Select for a policy term of 45
For PoS, the Basic Sum Assured shall be in multiples of INR 50,000
4 years and Sum Assured of R 2 Cr. Rahul chooses to pay
5
For Joint Life Secure and Joint Life Secure Plus, the above limits will be
premiums for 10 years. Before paying the 7th premium
applicable to both lives. instalment, he gets diagnosed with a terminal illness.

3. Plan Benefits Rahul’s Age

40 49 85
Option 1: Life Secure Option: Pay R 1,12,200
4 Premiums
Under this option, the policyholder chooses the Base SA at the for 6 years
Waived
time of purchase. In case the life assured dies during the policy Total Premiums Paid
term, the stipulated death benefit (based on Effective Sum R 6,73,200 (excl. GST)
Assured as applicable on the date of death – defined below)
less any payout under Payor Accelerated Benefit will be paid 0 5 9 45
out to the nominee (as per the payout plan chosen) and the Policy year PPT End Policy year
policy will terminate. Start Cover continues end
Rahul diagnosed
for balance
The Effective Sum Assured applicable for computation of with Terminal Illness
1 Cr SA
Death Benefit would include any Cover Enhancement Option Rahual receives
purchased by exercising either the Life Stage, Top-Up SA or Lump sum of 1 Cr
the Education Secure option along with Base SA. Please refer
to Section 8 for more details. PPT: 10 years | PT: 45 years | SA-2 Cr
Life Secure Option has an inbuilt “Payor Accelerator Benefit”
wherein the benefit amount equal to 50% of the Base SA is
paid out as lump sum on acceptance of Terminal Illness (TI) Option 2: Life Secure Plus Option:
claim by us. Upon payment of the TI claim, all the future Under this option, the death benefit will be as per Option 1
premiums (base benefit and cover enhancement options, if described above.
opted) shall be waived off and the policy will continue to remain
inforce for the remaining applicable benefit(s). In case the life assured survives till maturity, an amount equal to
the 100% of the Total Premiums Paid (excluding loading for
In case the life assured survives till maturity, no additional modal premiums and discount) towards the benefit option, “Life
benefit is payable, and the policy terminates.

5 6
Stage” or “Top-up SA”, if opted, shall be payable at the end of In case both the lives assured survive till maturity, an amount
the Policy Term, provided the policy is not terminated earlier. equal to the 100% of the Total Premiums Paid (excluding loading
Option 3: Joint Life Secure Option: for modal premiums and discount) towards the benefit option,
“Life Stage” or “Top-up SA”, if opted, shall be payable at the end
Under this option, the life assured (first life) and spouse of the
of the Policy Term, provided the policy is not terminated earlier.
life assured (second life) would be covered under the same
policy. The policyholder chooses the Base SA at the time Option 5: Step-Up Secure Option:
of purchase.
Under this option, the policyholder chooses the Base SA and a
In case of first death of either lives assured or simultaneous Step-Up period (between 1 to 5 years) at the time of purchase.
death of both the life assureds’ during the policy term, the The Base Death Benefit shall be as follows –
stipulated death benefit (based on Effective Sum Assured as
• During the Step-Up period – Pre-defined percentage of
applicable on the date of death – defined below) less any the Base SA as highlighted in table below –
payout under Payor Accelerated Benefit will be paid out to the
nominee (as per the payout plan chosen). Policy Year Percentage of Base SA
In case of simultaneous death of both the first life and second 1 10
life due to an accident, an additional amount equal to the Base
2 15
SA will be paid out to the nominee as lump sum.
The Effective Sum Assured applicable for the above 3 20
computation of Death Benefit would include any Cover 4 25
Enhancement Option purchased by exercising either the Life 5 50
Stage or the Top-Up SA option along with Base SA.
In case of death of first life prior to the death of second life or • Post completion of the Step-Up Period – 100% of the
simultaneous deaths of both the lives assured; in addition to Base SA.
Life Stage or Top-up SA, the Effective Sum Assured would also Death Benefit for chosen Step-Up period based on policy
include the additional sum assured purchased by exercising year of death
the Education Secure option. Step-Up Period chosen
Policy at inception
In case of death of second life prior to first life, the Effective
year
Sum Assured under this option will get paid out. The cover will 1 2 3 4 5
continue with respect to the Education Secure benefit, if 1 10% 10% 10% 10% 10%
applicable, and respective due premiums shall continue to
2 100% 15% 15% 15% 15%
remain payable.
Death Benefit 3 100% 100% 20% 20% 20%
The policy will terminate upon payment of the entire sum of (As a percentage
death benefit. of Base SA) 4 100% 100% 100% 25% 25%
Joint Life Secure Option also has an inbuilt benefit called “Payor 5 100% 100% 100% 100% 50%
Accelerator Benefit” wherein the benefit amount equal to 50%
of the Base SA is paid out as lump sum on acceptance of first >=6 100% 100% 100% 100% 100%
Terminal Illness (TI) claim of either first life or second life by us.
The Effective Sum Assured shall be Base Death benefit plus
Upon payment of the TI claim, all the future premiums (base any Cover Enhancement Option purchased by exercising
benefit option and Life Stage or Top-Up SA, if opted) shall be either the Life Stage or the Top-Up SA.
waived off. In case of acceptance of TI of first life prior to the
The additional SA purchase of Life Stage and any top-up SA
second life or simultaneous TI of both lives, the future premiums
will only be allowed post completion of the Step-Up period.
with respect to Education Secure option will also be waived off.
Only 1 claim is admissible under “Payor Accelerator Benefit”. If the death of the Life assured is due to an accident, during the
Step-Up period, entire Base SA shall be payable, and the
The policy will continue to remain inforce for the remaining Policy will terminate thereafter.
applicable benefits.
Sample Illustration to demonstrate death benefit under
In case any or both the life assureds survive till maturity, no
Step-Up Secure Option
additional benefit is payable, and the policy terminates.
Mr. Rahul is a 40 years old non smoker healthy male and takes
Option 4: Joint Life Secure Plus Option: Tata AIA Maha Raksha Supreme Select Step-Up Secure
Under this option, the death benefit will be as per Option Option for a policy term of 45 years and base Sum Assured of
3 above. R 2 Cr. Rahul chooses a step up period of 3 years.

7 8
Base Death Benefit applicable in each policy year will be In case the life assured survives till maturity, an amount equal
as follows: to the 100% of the Total Premiums Paid (excluding loading for
modal premiums and discount) towards the benefit option
Policy Year Sum Assured and “Life Stage” or “Top-up SA”, if opted, shall be payable at
1 20,00,000 10% of base SA the end of the Policy Term, provided the policy is not
Step Up terminated earlier.
2 30,00,000 15% of base SA
period
Option 7: Legacy Secure Plus Option:
3 40,00,000 20% of base SA
This is a whole of life option with increasing life cover
4 2,00,00,000 throughout the policy term. Additionally, a lumpsum is paid out
5 2,00,00,000 at two milestone ages.
100% of base SA
6 to 44 2,00,00,000 In case of death of the life assured, the stipulated death benefit
(based on Effective Sum Assured as applicable on the date of
45 2,00,00,000 death – defined below) less any payout under Payor
Death Scenarios: Accelerated Benefit less any payout under Milestone Benefit
(explained below) will be paid out to the nominee and the policy
Scenario 1: Death other than due to accident will terminate.
• Death in Policy Year 3 (during Step-Up period): The Please refer to Section 4 for details about death benefit under
nominee will receive R 40 L and the policy will terminate this plan option.
• Death in Policy Year 4 to 45 (after the Step-Up period): Accumulated Value of Premiums shall be the premiums
The nominee will receive 100% of base SA, ie. (excluding extra premium, rider premium, taxes and discount)
R 2 Cr and the policy will terminate paid by the policyholder accumulated at a rate that varies by
age, premium, premium payment term and policy year.
Scenario 2: Death due to accident
The absolute amount assured to be paid on death is the
• Death in Policy Year 3 (during Step-Up period): The Effective Sum Assured applicable (as defined below) as on the
nominee will receive R 2 Cr (Base SA) and the policy will date of death.
terminate. The Effective Sum Assured shall be equal to DB multiple times
• Death in Policy Year 4 to 45 (after the Step-Up period): the Annualised / Single Premium (excluding extra premium,
The nominee will receive 100% of base SA, ie. rider premium, taxes and discount).
R 2 Cr and the policy will terminate. No additional Any payout made under Payor Accelerated Benefit and/or
accidental death benefit is applicable. payout under Milestone Ages(s) shall be reduced from the
Accumulated Value of Premiums for the computation of the
This plan has an inbuilt benefit called “Payor Accelerator death benefit.
Benefit” wherein the benefit amount equal to 50% of the Base In case the life assured survives till pre-defined Milestone Age,
Death Benefit is paid out as lump sum on acceptance of an amount equal to a percentage of the Total Premiums Paid
Terminal Illness (TI) claim by us. Upon payment of the TI claim, (excluding loading for modal premiums and discount) towards
all the future premiums (base benefit option and cover the benefit option shall be payable at the end of attaining each
enhancement options, if opted) shall be waived off and the Milestone Age, provided the policy is not terminated earlier.
policy will continue to remain inforce for the remaining
Percentage of
applicable benefits. The “Payor Accelerator Benefit” shall be Milestone Age Total Premiums
applicable only after completion of the Step-Up Period. Paid
In case the life assured survives till maturity, no additional 15th Policy anniversary or attaining Age 80,
25
benefit is payable, and the policy terminates. whichever is earlier
25th Policy anniversary or attaining Age 85,
Option 6: Step-Up Secure Plus Option: 75
whichever is earlier
Under this option, the death benefit will be as per Option
5 above. This plan has an inbuilt benefit called “Payor Accelerator
Benefit” wherein the benefit amount equal to 50% of the
applicable death benefit is paid out as lump sum on
acceptance of Terminal Illness (TI) claim by us. Upon payment
of the TI claim, all the future premiums (base benefit option and
cover enhancement options, if opted) shall be waived off and

9 10
the policy will continue to remain inforce for the remaining • 105% of Total Premiums Paid (excluding loading for modal
applicable benefit(s). premiums and discount) up to date of death; or
In case the life assured survives till maturity, no additional • An absolute amount assured to be paid on death3
benefit is payable, and the policy terminates. • Surrender Value as on the date of death
“Terminal Illness” is defined as an advanced or rapidly Upon payment of entire sum of the death benefit, the policy
progressing incurable and un-correctable medical condition terminates and no further benefits are payable.
which, in the opinion of two (2) independent Medical 1
Accumulated Value of Premiums shall be the premiums (excluding extra
Practitioners$ specializing in treatment of such illness, has premium, rider premium, taxes and discount) paid by the policyholder
greater than 50% chance of death of the Life Assured within 6 accumulated at a rate that varies by age, premium, premium payment term
months of the date of diagnosis of Terminal Illness. The and policy year.
Company reserves the right for independent assessment of the 2
DB Multiple for Limited pay option could be 7 or 10 as chosen by the
Terminal Illness. policyholder at inception of the contract.
Payor Accelerator Benefit is not available in the PoS variant. 3
The absolute amount assured to be paid on death is the Effective Sum
Assured applicable. The Effective Sum Assured shall be equal to DB multiple
Premiums will vary depending on the option chosen. times the Annualised / Single Premium (excluding extra premium, rider
premium, taxes and discount).
4. Death Benefit
The “Base SA” of the policy would be the sum of the amount
In case of death of the life assured for an in-force policy (all due payable as lumpsum and discounted value of the staggered
premiums have been paid), the death benefit payable to the benefit stream, as computed using the discount factor (as
nominee is as outlined below:
mentioned under Section 7, Flexible Payout Option) as at
Life Secure / Life Secure Plus / Step-Up Secure / Step-Up policy inception.
Secure Plus options –
“Total Premiums Paid” means total of all the premiums
Highest of: received, excluding any extra premium, any rider premium
• 1.25 x Single Premium (excluding discount) or DB multiple1 x and taxes.
Annualised Premium2 (excluding discount); “Annualised Premium” shall be the premium payable in a year
• 105% of Total Premiums Paid (excluding loading for modal under a non-single pay option chosen by the policyholder,
premiums and discount) up to date of death; or excluding the taxes, rider premiums, underwriting extra
• An absolute amount assured to be paid on death3 premiums, loading for modal premiums, if any.
Upon payment of entire sum of the death benefit, the policy “Single Premium” shall be the premium payable under a
terminates and no further benefits are payable. single pay option chosen by the policyholder, excluding the
taxes, rider premiums, underwriting extra premiums if any.
1
DB multiple is 7 in case of Life Secure and Step-Up Secure Option and 10
in case of Life Secure Plus and Step-Up Secure Plus option Common for all options –
in aggregate for Base SA and all tranches of Additional Sum Assured
2
At the time of purchase, the policyholder may stipulate that the
3
The absolute amount assured to be paid on death is the Effective Sum nominee named in the policy receive a chosen portion (up to
Assured applicable (as defined earlier) as on the date of death. 100%) of the death benefit as lump sum and remaining as a
Joint Life Secure / Joint Life Secure Plus options – staggered benefit stream over a pre-decided staggered period.
The nominee also has an option to receive the commuted value
Highest of: of the future staggered benefit stream as a lumpsum. Refer to
• 1.25 x Single Premium (excluding discount) or DB multiple1 x Section 7, Flexible Payout Option below for further details.
Annualised Premium (excluding discount); In case of death of the life assured during the Grace Period but
• 105% of Total Premiums Paid (excluding loading for modal before the payment of the premium then due, the policy will still
premiums and discount) up to date of death; or be valid and the benefits shall be paid after deductions of the
• An absolute amount assured to be paid on death2 said unpaid premium and also the balance premium(s), if any,
falling due from the date of death and before the next policy
1
DB multiple is 7 in case of Joint Life Secure and 10 in case of Joint Life
Secure Plus option anniversary.
2
The absolute amount assured to be paid on death is the Effective Sum In case of death after a valid claim under the Payor Accelerator
Assured applicable (as defined earlier) as on the date of death. Benefit, the death benefit as described under this Section
Legacy Secure Plus option – would be reduced by the amount already paid under Payor
Accelerator Benefit.
Highest of:
• Accumulated Value of Premiums1; 5. Maturity Benefit
• 1.25 x Single Premium (excluding discount) or DB Multiple2 x Life Secure / Step-Up Secure / Joint Life Secure / Legacy
Annualised premium/Single Premium(excluding discounts) Secure Plus options: Not applicable

11 12
Life Secure Plus / Step-Up Secure Plus options: An amount 8. Additional Benefits and Features
equal to the 100% of the Total Premiums Paid (excluding
loading for modal premiums and discount) towards base 1. Cover Enhancement Options:
benefit option and “Life Stage” or “Top-up SA”, if opted and a. Life Stage: Under Life Stage option, the policyholder can
applicable, shall be payable at the end of the Policy Term, increase the coverage amount on happening of any one of
provided the life assured survives till maturity and the policy is the following events, subject to the BAUP and the option to
not terminated earlier. increase the SA is exercised within 180 days of the
The Total Premiums Paid in the above formula shall be towards incidence of the following event(s):
the base benefit option excluding loading for modal premiums
and discount. Event Additional Sum Assured
as % of Base SA
Joint Life Secure Plus option: An amount equal to the 100% of
the Total Premiums Paid (excluding loading for modal premiums Marriage (One Marriage Only) 50%
and discount) towards the base benefit option and “Life Stage” Birth/Adoption of 1st Child 25%
or “Top-up SA”, if opted and applicable, shall be payable at the
end of the Policy Term, provided both the life assureds survive till Birth/Adoption of 2nd Child 25%
maturity and the policy is not terminated earlier. Home Loan disbursal* 100%, subject to home loan
amount sanctioned
6. Survival Benefit
*Subject to underwriting
Survival Benefit is payable only under Legacy Secure Plus
Option on attaining milestone age(s). Once chosen, the option cannot be changed over the
policy term, but the policyholder will always have a right to
Percentage of Total premiums paid (excluding loading for
stop exercising the option in the future.
modal premiums and discount) to be payable on each
Milestone Age is as follows - The Additional SA can only be taken in the form of (up to) 4
tranches as mentioned in the above table provided there
Percentage of has been no claim under Payor Accelerator Benefit.
Milestone Age Total Premiums Additional premium will be charged for each tranche. The
Paid premium amount for the Base SA remains unaltered. Any
increase in the SA shall be effective from the policy
15th Policy anniversary or attaining Age 80,
25 anniversary succeeding the option exercise date.
whichever is earlier
The policyholder will have an option to surrender the
25th Policy anniversary or attaining Age 85,
75 additional sum assured tranches after payment of
whichever is earlier
premiums for first five completed policy years. The
7. Flexible Payout Option tranches shall be terminated after payment of any
applicable value on surrender. The tranches will be
The policyholder will have the option to opt for lump sum, surrendered in reverse order to which they were availed,
staggered benefit or a combination of a lump sum amount and i.e. the latest tranche will be surrendered first, followed by
staggered benefit, as at the time of purchase (referred as the the penultimate tranche, and so on. This shall be allowed
“Payout Plan” henceforth). till all incremental tranches are removed. Once reduced,
If the payout plan chosen includes a staggered benefit, at the the premium or sum assured cannot be subsequently
time of purchase of the policy, the policyholder would stipulate increased.
the benefit amount stream payable to the nominee after death The policy shall continue with the Effective Sum Assured as
of the life assured. For premium calculation, sum assured for the applicable at the time of termination for rest of the policy term.
staggered benefit portion shall be computed as the discounted
value of the staggered benefit stream using a discount rate of This option will not be available with Legacy Secure Plus
4% p.a. The staggered benefit payment frequency can be option or if the product is bought under PoS. Further,
Annual / Half Yearly / Quarterly / Monthly. The staggered benefit under Step-Up Secure and Step-Up Secure Plus options,
will be paid as per the frequency chosen for the “Benefit Period” this benefit is only available post the completion of
(up to 60 months) selected, starting from the next monthly Step-Up Period.
anniversary following the date of occurrence of insured event. b. Top-Up SA: Under Top-Up SA option, the policyholder can
Any accrued staggered benefit, due before intimation of death, opt to increase the life cover by a fixed percentage at each
will be paid along with first payout under this option. policy anniversary by paying an additional premium for
At any time during the staggered period, the nominee also has every increase, subject to satisfactory underwriting as per
an option to receive the commuted value of the future the Board approved underwriting policy of the Company
staggered benefit stream as a lumpsum, discounted at the (BAUP). The policyholder can opt to exercise the Top-SA
higher of (4% p.a., State Bank of India domestic 10-year term option at the time of purchase of the policy, provided the
deposit rate prevailing at the time of commutation + 2%). premium payment term is at least 5 years.

13 14
The Sum Assured increase shall be by a fixed percentage The policy shall continue with the Effective Sum Assured as
ranging from 5% to 20% of the Base SA chosen at applicable at the time of termination for rest of the policy term.
inception every year till the earlier of: This Top-SA feature is not available in Legacy Plus Option or
• The maximum sum assured eligibility as per the if the product is bought under PoS. Further, under Step-Up
Board-approved Underwriting Policy (BAUP) is Secure and Step-Up Secure Plus options, the Top-Up SA
breached will commence after completion of the Step-Up period.
• The outstanding premium payment term becomes less c. Education Secure: Under Education Secure, the
than minimum specified under the product
policyholder has the option to take an additional life cover
• The outstanding policy term becomes less than the to provide for cost of higher education of up to 3 nominated
minimum allowed under the product children of the life assured on payment of additional
• The attained age becomes higher than maximum entry premiums. This option can be chosen only if nominated
age allowed under the product child has 4 to 19 years of education left for completion of
• Claim under Payor Accelerator Benefit. graduation degree under Variant 1 and 4 to 22 years left for
This is subject to the Board approved underwriting policy post-graduation under Variant 2. Once chosen, the option
(BAUP) of the Company. cannot be changed over the policy term.
Once chosen, the option cannot be changed over the This benefit is available under all options except for
policy term, but the policyholder will always have a right to Step-Up Secure, Step-Up Secure Plus and Legacy Secure
stop exercising the option in the future. Plus, subject to the following conditions:
For each tranche, the additional premium will be
• Age at entry is up to 50 years and
determined using additional SA and the premium rate
which will be derived basis the following: • Policy term is at least 4 years
• Attained age as of the policy anniversary at the point of Under Joint Life Secure and Joint Life Secure Plus options,
increase, subject to the maximum entry age stipulated this benefit will be available only with respect to the first life.
in the product.
The sum assured at inception under Education Secure
• Outstanding policy term (in complete months) as of the
option shall be equal to expected total cost of education of
policy anniversary succeeding the option exercise
date, subject to the minimum policy term stipulated in the nominated child. Every policy anniversary, the sum
the product. assured will reduce by the cost of education of previous
• Outstanding premium paying term (in complete years provided the cover has not been terminated. The
months) as of the policy anniversary succeeding the Sum Assured schedule is provided in Policy document.
option exercise date, subject to a minimum premium Expected total cost of education is determined using
paying term specified in the product. present annual cost of education and the outstanding years
• Aggregate sum assured (up to and including the left for completion of graduation or post-graduation of the
increment in sum assured requested) opted for under nominated child/children.
the contract.
Present annual cost of education (chosen by policyholder at
• Underwriting classification as applicable on the option
inception) will be assumed to be growing at a rate of 10% or
exercise date.
15% or 20% (compounding) every year. The rate of growth
The policyholder can opt to terminate the future increments needs to be chosen at inception and cannot be changed
at any time during the policy term and such termination will
be effective from the next policy anniversary. Once the subsequently.
future increments are terminated, it is not possible to The term under the Education Support Benefit shall be
initiate the increments again over the remaining premium determined as:
paying term of the policy.
In case the policyholder does opt to terminate the future Current Grade of the Education Support
increments, there will be an option to surrender the Nominated Child Benefit Term(in yrs)
additional sum assured tranches (i.e. in multiples of 5% of
Variant 1 Variant 2
Base SA) after payment of premiums for first five
completed policy years. The tranches shall be terminated Nursery 19 22
after payment of any applicable value on surrender. The
tranches will be surrendered in reverse order to which they Lower KG 18 21
were availed, i.e. the latest tranche will be surrendered first, Upper KG 17 20
followed by the penultimate tranche, and so on. This shall
be allowed till all incremental tranches are removed. Once Grade – I 16 19
reduced, the premium or sum assured cannot be Grade – II 15 18
subsequently increased.

15 16
 Current Grade of the Education Support
• This option is not available if any benefit under the policy
Nominated Child Benefit Term(in yrs) has already expired

Variant 1 Variant 2 3. Cover Continuation Option:

Grade – III 14 17 In case of first death of either of the life assureds during the
policy term under Joint Life Secure and Joint Life Secure Plus,
Grade – IV 13 16
the surviving life may choose to continue his / her life cover by
Grade – V 12 15 taking a Single Premium policy. The premium for the Single
Grade – VI 11 14 Premium policy shall be determined based on attained age,
chosen sum assured and policy term. The Single Premium
Grade – VII 10 13
policy shall be chosen from Life Secure, Life Secure Plus,
Grade – VIII 9 12 Step-Up Secure, Step-Up Secure Plus options. The Single
Grade – IX 8 11 Premium amount shall be deducted from the death benefit
Grade – X 7 10 payable with respect to first death.

Grade – XI 6 9 This option must be chosen at inception of the policy, however

the surviving life assured has a choice to not exercise this
Grade – XII 5 8
option at later date.
Graduation Year 1 4 7
4. Accidental Death Benefit:
Graduation Year 2 NA 6
Life Secure / Life Secure Plus / Legacy Secure Plus
Graduation Year 3 NA 5 options: Not applicable
Graduation Year 4 NA 4 Joint Life Secure / Joint Life Secure Plus options:

The sum assured under the Education Secure benefit shall be In case of simultaneous death of both the first life and second
capped at 100% of the base plan sum assured. life due to accident for an in-force policy (all due premiums
No survival benefit or maturity benefit is payable under the have been paid), Base SA in addition to the death benefit
Education Secure option. (defined above) shall be payable.
In case the life assured survives till expiry of the term of the Step-up Secure / Step-up Secure Plus options:
Education Secure option or till expiry of the base policy, no In case of death of Life assured due to an accident, during the
additional benefit is payable with respect to Education Secure
option. Step-Up period, entire Base SA shall be payable, and the
Policy will terminate thereafter.
This option will not be available with Step-Up Secure, Step-Up
Secure Plus and Legacy Secure Plus options or if the product Accidental Death shall mean death which
is bought under PoS. • is caused by bodily injury resulting from an accident and
The policyholder can opt for more than 1 cover enhancement
• occurs due to the said bodily injury solely, directly and
option. However, “Life Stage” and “Top-up SA” options cannot
be chosen together under the same policy. independently of any other causes and
• occurs within 180 days of the occurrence of such accident
2. Renewability option at Maturity:
At maturity, the policyholder can choose to extend the term of The benefit due to accidental death will be payable if the
their policy. This option can be exercised a maximum of five times accident occurs within the Benefit Option term even if death
and is subject to BAUP. Additional premium shall be payable for occurs beyond the term (however within 180 days of the
the extended term and this shall be based on the following: accident).
• Attained age at the time of maturity An “Accident” means sudden, unforeseen and involuntary
• The chosen increase in policy term event caused by external, visible and violent means.
This option is available subject to following: An “Injury” means accidental physical bodily harm excluding
• Life Secure, Life Secure Plus, Step-Up Secure, Step-Up illness or disease solely and directly caused by external, violent
Secure Plus option has been opted and visible and evident means which is verified and certified by
• Premium payment term is Regular Pay a Medical Practitioner.
• This option is not available if any claim under the policy for
respective life assured has already been made

17 18
5. Health Management Services: These riders can be attached effective policy inception or any
The life assured may avail Second Opinion / Personal Medical policy anniversary of the base plan subject to the rider premium
Case Management / Medical Consultation services from payment term and the policy term shall not be more than the
service provider(s) affiliated to/registered with the Tata AIA Life outstanding premium payment term and outstanding policy
Insurance Co. Ltd. The services are expected to assist the life term for the base plan.
assured to ascertain correct diagnosis of a medical condition Any minimum and maximum sum assured limits on the above
and obtain due care for the life assured in case of illness.
riders will remain applicable, irrespective of the fact that lower
These services are subject to: or higher sum assured might be chosen as the base cover
• the availability of suitable service provider(s); under this plan.
• primary diagnosis has been done by a registered medical If there is overlap in benefit offered under different riders with
practitioner as may be authorized by a competent statutory the base product, then that benefit under the rider will not
authority; and be offered.
• the eligibility of the life assured as may be determined by Flexible premium payment modes
BAUP.
You have an option to pay the premiums either as Single Pay or
Note:
pay Annually, Half Yearly, Quarterly or Monthly modes. Loading
• This service feature is expected to reduce mortality / on premiums will be applicable as mentioned below
morbidity rates and thereby reduce expected claim outgo
for the insurer. Modal loading is as follows:
• Medical Second Opinion / Personal Medical Case Single Premium Rate : Multiply Single premium rate by
Management / Medical Consultation is an optional service 1(i.e. No loading)
offered at no additional cost to the life assured. The life Annual Premium Rate : Multiply Annual Premium Rate by 1
assured may exercise his/her own discretion to avail the
(i.e. No loading).
services and to follow the treatment path suggested by the
service provider. Half Yearly Premium Rate : Multiply Annual Premium Rate by
• These services shall be directly provided by the service 0.51
provider(s). Quarterly Premium Rate : Multiply Annual Premium Rate by
• The services can be availed only where the policy / rider is 0.26
in-force. Monthly Premium Rate : Multiply Annual Premium Rate by
• All the supporting medical records should be available to 0.0883
avail the service.
If the chosen premium paying term is not in integer years, the
• We reserve the right to discontinue the service or change permissible mode of premium payment shall be restricted to
the service provider(s) at any time. Single or Monthly only.
• The services are being provided by third party service
provider(s) and we will not be liable for any liability.
Riders:
The below mentioned rider(s) would be available with the base
product:
• Tata AIA Life Insurance Non-Linked Comprehensive
Protection Rider (UIN:110B033V03 or any subsequent
version)
• Tata AIA Life Insurance Non-Linked Comprehensive Health
Rider (UIN: 110B031V03 or any subsequent version)
• Tata AIA Vitality Protect (UIN: 110B046V02 or any
subsequent version)
• Tata AIA Vitality Health (UIN: 110B045V02 or any
subsequent version)

19 20
Non-Forfeiture Benefit on Premium Discontinuance:
If any due premium for a non-single pay policy remains unpaid
at the end of the grace period, the following is the treatment
under various scenarios:

Life Coverage
Premium
Before 2 years’ After 2 years’ Size of benefits/policy monies
Paying options
premium paid premium paid

Cover cease Cover cease

Regular Pay No amount is payable
to exist to exist

Life Secure / Unexpired Risk Premium Value is paid out on the earlier of the following
Step-Up events after which the policy terminates:
Secure Option Cover cease Cover cease • Policyholder surrenders voluntarily.
Limited Pay
to exist to exist • Death of the Life Assured
• Expiry of Revival Period
• Maturity

Regular Pay Cover cease Cover cease

No amount is payable
to exist to exist

Unexpired Risk Premium Value is paid out on the earlier of the following
Joint Life Secure events after which the policy terminates:
• Policyholder surrenders voluntarily.
Cover cease Cover cease
Limited Pay • First death of any of the Life Assureds or simultaneous death of both
to exist to exist
Life Assureds
• Expiry of Revival Period
• Maturity
• Death Benefit as defined below is payable on death of the life assured.
Life Secure Cover continues
Cover cease • Payor accelerator benefit is payable on confirmed diagnosis of terminal
Plus / Legacy Regular or with Reduced
to exist illness of the life assured.
Secure Limited Pay Paid-Up Sum
• Surrender Value / Unexpired Risk Premium as defined below is payable.
Plus Option Assured
• Maturity / Survival as defined above
• Death Benefit as defined below is payable on death of the life assured.
• Benefit as defined below is payable on accidental death of the life
Cover continues
assured during the step-up period.
Step-Up Regular or Cover cease with Reduced
• Payor accelerator benefit is payable on confirmed diagnosis of terminal
Secure Plus Limited Pay to exist Paid-Up Sum
illness of the life assured.
Assured
• Surrender Value as defined below is payable.
• Maturity / Survival as defined above
• Death Benefit is payable on first death of any of the life assureds or
Cover continues simultaneous deaths of both life assureds.
Joint Life Regular or Cover cease with Reduced • Benefit as defined below is payable on simultaneous death of both life
Secure Plus Limited Pay to exist Paid-Up Sum assureds due to accident
Assured • Payor Accelerator Benefit is payable on first confirmed diagnosis of
Terminal Illness of any of the life assureds
• Surrender Value as defined below is payable.
• Maturity Value is payable at maturity on survival of both life assureds

21 22
Such discontinued policies can be revived within the period of • Under Life Secure, Joint Life Secure, Step-Up Secure
5 years from the due date of first unpaid premium by payment Option and Legacy Secure Plus option (Post attaining the
of all due premiums together with interest. Upon revival of the last Milestone Age), an Unexpired Risk Premium Value will
policy, all benefits shall be restored and be applicable with be paid on surrender, which is as follows:
effect from the date of revival. - Regular Pay: Unexpired risk value will be zero.
Under Life Secure Plus, Joint Life Secure Plus, Step-Up Secure - Limited Pay: Unexpired Risk Premium Value is
Plus and Legacy Secure Plus Options when a policy is payable on surrender –
converted to Reduced Paid-up on premium discontinuance o Life Secure, Joint Life Secure, Step-Up Secure – At
after 2 years’ premium paid: least 2 full year premiums have been paid.
• The coverage will continue in reduced paid-up status till o Legacy Secure Plus - At least 2 full year premiums
maturity unless the policy is revived earlier. have been paid and post attaining the Last
• The Death Benefit is re-set to the Reduced Paid-Up Sum Milestone Age
Assured (as computed below) and is payable on death. The Unexpired Risk Premium Value Factor applicable
at time of surrender given by the following formula:
• The Accidental Death Benefit is re-set to the Reduced
Paid-Up Accidental Death Sum Assured (as computed Unexpired Risk Premium = Unexpired Risk Premium
below) and is payable on: Value Factor (URPVF) * Annualised Premium (excluding
discount).
• Joint Life Secure Plus: Simultaneous accidental
death of lives assured • Single Pay: Unexpired Risk Premium Value will be
equal to Unexpired Risk Premium Value Factor
• Step-Up Secure Plus: Accidental death of life assured (URPVF) * Single Premium paid (excluding discount), A
during the Step-Up period positive Unexpired Risk Premium Value is payable
• In case of Terminal Illness claim, the amount payable under on surrender –
this benefit is: o Life Secure, Joint Life Secure, Step-Up Secure -
• Life Secure Plus, Joint Life Secure Plus - 50% * Any time after the premium is paid o
Reduced Paid-up Factor * Base SA o Legacy Secure Plus option – post attaining the Last
Milestone Age.
• Step-Up Secure Plus -
The Unexpired Risk Premium Value Factor applicable
o During Step-Up period - 50% * Reduce Paid-up at time of surrender in all options is given by the
Factor * % of Base SA following formula:
o Post completion of Step-Up Period – 50% * URPVF = 75% * (Policy term less policy duration) /
Reduce Paid-up Factor * Base SA. Policy Term.
• Legacy Secure Plus - 50% * Reduce Paid-up Factor * Such Unexpired Risk Premium Value for a policy is
death benefit applicable on the occurrence of TI determined separately for the Base Sum Assured and
• Any benefit paid for the Payor Accelerated Benefit shall be each tranche of Additional Sum Assured and all
adjusted from the computation of remaining reduced conditions are applicable for each tranche separately.
paid-up applicable benefits. Survival benefit shall be The total Unexpired Risk Premium Value payable will be
applicable only for Legacy Secure Plus option. For other sum of such computed Unexpired Risk Premium Value
options, no survival benefits are payable under a paid-up for each tranche.
policy during the policy term prior to maturity. • Under Life Secure Plus, Joint Life Secure Plus, Step Up
• On survival to maturity, the maturity benefit payable under Secure Plus and Legacy Secure Plus Option, a policy
this benefit is: shall acquire a Surrender Value on payment of at least two
years’ premium in full for non-single pay policies. For Single
Reduced Paid-up Sum Assured = Reduced Paid-up
Pay policies, the policy shall acquire a Surrender Value
Factor * Base SA
immediately after it is issued.
Reduced Paid-Up Accidental Death Sum Assured =
The surrender value shall be equal to the higher of the
Reduced Paid-up Factor * Accidental Death SA
Guaranteed Surrender Value (GSV) and the Special
Where, Reduced Paid-up Factor = Number of Premiums Surrender Value (SSV).
Paid / Number of Premiums Payable
• Guaranteed Surrender Value (GSV):
Surrender Benefit:
The company guarantees a minimum non-negative surrender
The surrender benefit available under the product varies by the value which is equal to GSV factor x Total Premiums paid
Option chosen. The policy will terminate upon payment of (excluding loading for modal premiums and discount) up to the
this benefit. date of surrender.

23 24
For Legacy Secure Plus option, the GSV shall be applicable till Such notice must be signed by the policyholder and received
the policy attains the last Milestone Age. directly by the Company within 15 days after the policyholder
receives the Policy Document. The said period of 15 days shall
• Special Surrender Value (SSV):
stand extended to 30 days, if the policy is sourced through
The company may declare Special Surrender Values (SSV) that electronic or distance marketing mode.
may get revised from time to time and is defined as follows:
Distance marketing includes every activity of solicitation
o Life Secure Plus, Joint Life Secure Plus, Step-up (including lead generation) and sale of insurance products
Secure Plus - SSV factor x 100% of Total Premiums through the following modes:
paid (excluding loading for modal premiums and
discount), subject to a floor of: i. Voice mode, which includes telephone-calling;
- 95% of Total Premiums Paid (excluding loading for ii. Short Messaging service (SMS);
modal premiums and discount) if policy is iii. Electronic mode which includes e-mail, internet and
surrendered between 21st to 24th policy year, interactive television (DTH);
provided all due premiums until date of surrender
were paid. iv. Physical mode which includes direct postal mail and
newspaper & magazine inserts; and,
- 100% of Total Premiums Paid (excluding loading
for modal premiums and discount) if policy is v. Solicitation through any means of communication other
surrendered post completion of 24th policy year, than in person.
provided all due premiums until date of surrender Distance Marketing will include sales through Direct Sales
were paid. (other than in person).
o Legacy Secure Plus - SSV factor x 100% of Total The Proportionate risk premium will be determined as under:
Premiums Paid (excluding loading for modal premiums
and discount) Effective Sum Assured x (mortality rate) x (number of days for
the period on cover /365)
Milestone benefit already paid out prior to the surrender
shall be adjusted for the computation of the SSV. Waiting Period:
Grace Period: This is applicable only if the product is bought under PoS.
Grace Period is the time provided after the premium due date • Life Secure, Life Secure Plus, Step Up Secure, Step
during which the policy is in force with the risk cover. Up Secure Plus: If death of the Life Assured occurs
• Grace Period for monthly mode policies is 15 days. during the first 90 days from the Date of commencement
of risk, the company shall refund Total Premiums Paid and
• Grace Period for all other mode policies is 30 days.
the policy will terminate with immediate effect.
Revival: • Joint Life Secure, Joint Life Secure Plus: If death of the
The policy may be revived within five years from the due date of either or both of the Life Assureds occur during the first 90
first unpaid premium and before the date of maturity, subject days from the Date of commencement of risk, the
to: (i) Policyholder’s written application for revival; (ii) production company shall refund Total Premiums Paid and the policy
of Insured’s current health certificate and other evidence of will terminate with immediate effect.
insurability, satisfactory to the Company, (iii) payment of all
overdue Premiums with interest. The revival is subject to Board Waiting period of 90 days is not applicable for death due to
Approved Underwriting Policy. Any revival shall only cover accident provided all due premiums have been paid.
insured event which occurs after the revival date. Policy Loan:
The applicable interest rate for revival is determined using the
SBI domestic term deposit rate for ‘1 year to less than 2 years’, Not available under this plan
plus 2%. The rate of interest on revival with effect from 1st 9. Exclusions
October 2023 is 8.98% simple p.a. (i.e. SBI interest rate of
6.98% + 2%) plus applicable taxes. The interest rate applicable • In case of death due to suicide within 12 months:
is reviewed every 6 months and any alteration in the formula will o Life Secure, Life Secure Plus, Step-Up Secure,
be subject to prior approval of IRDAI. Step-Up Secure Plus
Free Look Period: - From the date of commencement of risk under the
If the policyholder is not satisfied with the terms & conditions of policy or from the date of revival of the policy, as
the policy, the policyholder has the right to cancel the Policy by applicable, the nominee or beneficiary of the
providing written notice to the Company and receive a refund policyholder shall be entitled to at least 80% of the
of all premiums paid without interest after deducting a) Total Premiums Paid till the date of death or the
Proportionate risk premium for the period on cover, b) Stamp surrender value available as on the date of death
duty and medical examination costs (including goods and whichever is higher, provided the policy is in force;
services tax) which have been incurred for issuing the Policy.
or

25 26
 - From the date of exercising the Life Stage Option (if - Suicide, attempted suicide, intentional self-inflicted
applicable), the nominee or beneficiary of the injury, acts of self-destruction, irrespective of mental
policyholder shall be entitled to 80% of the condition.
premiums paid (excluding any extra premium, any
- Death arising from or caused due to use, abuse or a
rider premium and taxes) for the increased
consequence or influence of an abuse of any
tranche(s). The original death benefit (based on the
sum assured chosen at the time of purchase) and substance, intoxicant, drug, alcohol or hallucinogen
any increased death benefit purchased by - Death arising out of or attributable to foreign invasion,
exercising the Life Stage Option subsequently but act of foreign enemies, hostilities, warlike operations
prior to 12 months from the date of death (due to (whether war be declared or not or while performing
suicide) will remain payable in full. duties in the armed forces of any country during war or
o Joint Life Secure, Joint Life Secure Plus: at peace time), participation in any naval, military or
air-force operation, civil war, public defense, rebellion,
- From the date of commencement of risk under the
policy or from the date of revival of the policy, as revolution, insurrection, military or usurped power.
applicable, of either or both of the life assureds, the - Death caused by participation of the insured person in
nominee or beneficiary of the policyholder shall be any flying activity, except as a bona fide, fare-paying
entitled to at least 80% of the Total Premiums Paid passenger of a recognized airline on regular routes and
till the date of earlier death or the surrender value on a scheduled timetable.
available as on the date of death whichever is
- Insured Person whilst engaging in a speed contest or
higher, provided the policy is in force.
racing of any kind (other than on foot), bungee jumping,
o Legacy Secure Plus parasailing, ballooning, parachuting, skydiving,
- From the date of commencement of risk under the paragliding, hang gliding, mountain or rock climbing
policy or from the date of revival of the policy, as necessitating the use of guides or ropes, potholing,
applicable, the nominee or beneficiary of the abseiling, deep sea diving using hard helmet and
policyholder shall be entitled to at least 80% of the breathing apparatus, polo, snow and ice sports in so
Total Premiums Paid till the date of death or the far as they involve the training for or participation in
surrender value available as on the date of death competitions or professional sports, or involving a
whichever is higher, provided the policy is in force. naval, military or air force operation and is specifically
• Terminal Illness: specified in the Policy Schedule.
- No claim will be payable if the condition arises directly - Working in underground mines, tunnelling or
or indirectly because of attempted suicide in the first explosives, or involving electrical installation with high
year from inception or revival of policy. tension supply, or as jockeys or circus personnel, or
engaged in Hazardous Activities
- In case a Terminal Illness claim is not payable due to
- Death arising or resulting from the Insured Person
the above exclusions, the policy will continue with the
committing any breach of law or participating in an
applicable death cover.
actual or attempted felony, riot, crime, misdemeanor, or
- The benefit will not commence till two years are civil commotion with criminal intent.
completed from the date of issuance of the policy. - Death arising from or caused by ionizing radiation or
• Accidental Death Benefit: contamination by radioactivity from any nuclear fuel
Accidental Death Benefit shall not be payable for any (explosive or hazardous form) or resulting from or from
any other cause or event contributing concurrently or in
losses caused directly or indirectly, wholly or partly, by any
any other sequence to the loss, claim or expense from
one of the following occurrences: any nuclear waste from the combustion of nuclear fuel,
- Death because of any disease or infection nuclear, chemical or biological attack.
- Death arising due to any condition other than death Tax Benefit:
solely and directly as a result of an accident Income Tax benefits would be available as per the prevailing
- Any Pre-existing condition or Disability arising out of a income tax laws, subject to fulfilment of conditions stipulated
Pre-existing Diseases or any complication arising therein. Income Tax laws are subject to change from time to
therefrom. Wherever the proximate cause is accident time. Tata AIA Life Insurance Company Ltd. does not assume
which has occurred after the rider inception date, this responsibility on tax implication mentioned anywhere in this
exclusion shall not apply. document. Please consult your own tax consultant to know the
tax benefit available to you.

27 28
Assignment:
Assignment allowed as per provision of section 38 of the
Insurance Act 1938 as amended from time to time
Nomination:
Nomination allowed as per provision of section 39 of the
Insurance Act 1938 as amended from time to time
DISCLAIMER:
• The Brochure is not a contract of insurance. The precise
terms and conditions of this plan are specified in the
Policy Contract.
• This Product Brochure should be read along with Benefit
Illustration
• This product is underwritten by Tata AIA Life Insurance
Company Ltd.
• Insurance cover is available under this product.
• In case of non-standard lives, extra premiums will be
charged as per our underwriting guidelines.
• Rider is not mandatory and is available for a nominal extra
cost. For more details on benefits, premiums and
exclusions under the Rider, please contact Tata AIA Life's
Insurance Advisor/ branch.
• This plan is not a guaranteed issuance plan and it will be
subject to Company’s underwriting 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 the all the Premiums Paid.
• In case of POS variant, the product is available
with/without medical underwriting as per BAUP (Board
Approved Underwriting Policy)
• This plan is also available for sale through online mode on
Company’s web-site www.tataaia.com

BEWARE OF SPURIOUS IRDAI is not involved in activities like selling

PHONE CALLS insurance policies, announcing bonus or
AND FICTITIOUS / investment of premiums. Public receiving
FRAUDULENT OFFERS such phone calls are requested to lodge a
police complaint.

29 30