A Non-Linked Non-Participating Individual Health Plan (UIN:110N135V01)

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TATA AIA Life Insurance
Smart Health Shield Plan

As we spend our days striving to ensure happiness and security for our loved ones now and in the future, we often let our well-being take a backseat. And in today’s stressful lifestyle, we are susceptible to diseases which may creep up unnoticed and impact not only our health but also our financial well-being. Critical illnesses can cause a major dent in our saving and damage our earning capacities for a while.

To help you secure yourself and your loved ones against the financial strain of an unforeseen illness, we bring to you Tata AIA Life Insurance Smart Health Shield Plan. This plan offers comprehensive coverage against cancer, cardiac diseases and 29 other critical illnesses by providing timely benefits on diagnosis which can help in cost of treatment and reduce the financial burden on your loved ones.

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Key Features

  • Protection against cancer, cardiac disease and 29 other critical illnesses

  • Comprehensive cover for heart disease and cancer (including early stage diagnosis)

  • Premium waiver in the event of major disease

  • Rewards for a healthy lifestyle with enrolment in a Wellness Program  

  • Yearly health screening, inbuilt in the plan.

  • Optional advantages – Monthly Income Benefit, Return of Balance Premiums

  • Multiple claims allowed, with cover continuance for unclaimed events

  • Tax benefits^ as per applicable tax laws

Eligibity Criteria

 

Plan parameters:

Options available

(only at inception)

A) Health Benefit Options
B) Income Benefit Option
C) Return of Balance Premium Benefit 
D) Wellness Program

Health Benefit options

(available only at inception)

Option A: Cardiac Care and Cancer Care

Option B: Critical Care

Option C: Cardiac Care, Cancer Care and Critical Care

Entry Age (in years) 1

18 – 65

Maximum Age at Maturity (in years) 1

75

Policy Term (in years)

10 – 40, subject to maximum maturity age of 75

Premium Payment Term

Equal to the policy term

Minimum Basic Sum Assured (Rs)

Rs. 5,00,000 each for Cancer Care, Cardiac Care, Critical Care,

Maximum Basic Sum Assured 2 (Rs)

Rs. 1,00,00,000 each for Cancer Care, Cardiac Care, Critical Care

Premium Payment mode

Annual/ Half Yearly/ Quarterly/ Monthly

 

1Any reference to age is as on last birthday.

2The Sum Assured offered for each benefit for a given applicant shall be as per the Board Approved Underwriting Policy.

Enhance Your Cover With These Riders@

Tata AIA Life Insurance Non-Linked Comprehensive Protection Rider

  • Additional coverage against unforeseen events like accidental death, accidental disability, critical illnesses including cancer and cardiac conditions, and terminal illnesses, and more.

  • Option to extend the rider coverage to protect your loved ones under the same plan

  • Option to receive the balance premiums on maturity

Tata AIA Life Insurance Non-Linked Comprehensive Health Rider

  • Additional coverage against different risks such as hospitalisation, accidental disability and critical illnesses like cancer and cardiac arrests at minor and major stages, and more.

  • Coverage against major ailments as well as major and minor illnesses or injuries along with multiple claim payouts.

  • Flexible choice of benefit payout as a lump sum, monthly income for 10 years, or lump sum and income for a fixed period.

Disclaimer
  • 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

  • ^Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to change from time to time. 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.

  • Insurance cover is available under this product

  • Participation by customers shall be on voluntary basis

  • Company may request medical examination based on the Board Approved Underwriting Policy. In the event of the Company requesting for a medical examination, the cost of such medical examination shall be borne by Tata AIA Life.

  • @Riders are not mandatory and are available for a nominal extra cost. For more details on the benefits, premiums and exclusions under the riders please refer to the Rider Brochure or contact our Insurance Advisor or visit our nearest branch office.

  • For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.

  • In case of sub-standard lives, based on proposer's health or occupation, extra premium will be charged as per the Company's Board Approved Underwriting Policy. Policy will be issued only after obtaining the consent from the Proposer on the additional premium charge

 

     L&C/Advt/2021/Oct/1884