Life Needs Solutions Child Solutions Tata AIA Life Insurance Good Kid
UIN: 110N127V01

Tata AIA Life Insurance Good Kid

Product Overview

A Non-Linked, Participating, Anticipated Endowment Plan with inbuilt Waiver of Premium benefit

As parents, we always strive to give our kids the best. We also aspire our children to be more enlightened and successful than us. To prepare them to take on opportunities that come their way, we must give them the required education. However, with the increasing cost of education due to inflation, this sometimes seems a challenge.

To help you realise your dream and ensure adequate funds are available to meet your child's needs, we present Tata AIA Life Insurance Good Kid that will help you move on with the growing needs of your child with Money Back Benefits and Milestone Additions, when it's exactly required; besides protecting your family from uncertainties. Invest today in this good plan to keep your kid's future good.


Key benefits

  • Money Back Benefits for your child’s education and career needs
  • Milestone Additions @ 5% of Basic Sum Assured during the first 5 policy years
  • Get life cover of minimum 11 times the Annualised Premium for the entire policy term
  • Flexibility to enhance coverage through Accidental Death & Dismemberment (Long Scale) (ADDL) Rider
  • Growth of your corpus through Compounded Reversionary Bonus and Terminal Bonus, if any
  • Get Tax benefits U/s 80C and 10(10D), as per applicable tax laws

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  • In this plan, nominee shall compulsorily be the child. In case of the death of the nominee (child) post issuance of the policy, life assured will have an option to nominate another child or any other legal heir (in case of no surviving child).
  • 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 total premium paid.
  • This product is underwritten by Tata AIA Life Insurance Company Ltd. This plan is not a Guaranteed Issuance plan and it will be subject to Company’s underwriting and acceptance.
  • Insurance cover is available under this product
  • Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.
  • "Service tax, Surcharges and Cess” are applicable as per governing laws. Tata AIA Life Insurance Company Limited reserves the right to recover/ deduct from the policyholder, any levies and duties (including Service Tax, Surcharges and Cess), as imposed by the Government from time to time.
  • In case of submission of non-standard age proof, 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 Riders, please contact Tata AIA Life's Insurance Advisor/ branch.


IRDA of India clarifies to public that

  • IRDA of India or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDA of India does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.

For any information including cancellation, claims and complaints, please contact our Insurance Advisor or visit Tata AIA Life’s nearest branch office or call 1-800-267-9966 (toll free) and 1-860-266-9966 (wherein local charges would apply) or write to us at Visit us at: or SMS 'LIFE’ to 58888

You may also write to us on for any product related queries.