Exemplary Bonus And Dividend Declared

Bonus rates~

+ 2%

in FY’21 despite being a difficult year

More than

6 lacs^

policyholders to be benefitted in the next 12 months

Looking for products with similar bonus rates?

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Bonus Rates

Bonus Rates increased in FY ’21 despite being difficult year

“ Through our bonus declarations, we strive to ensure that our customers reach a step closer to acheiving their long term financial goals. We are happy to announce that our bonus declaration for FY’21 reflects a superior performance in a difficult year and our commitment to fulfill our customers’ aspirations “

Souvik Jash

EVP & Appointed Actuary


 

Bonus Rates for June 01, 2021 to May 31, 2022

Reversionary Bonus Rates

Sr.No Product Rate Bonus rate Types of Bonus
1 Tata AIA Life Insurance Diamond savings Plan (PPT 8 years) 5.00 % Compound
2 Tata AIA Life Insurance Diamond savings Plan (PPT 12 years) 5.50 % Compound
3 Tata AIA Life Insurance Diamond savings Plan Ver 2 (PPT 8 years) 4.50 % Compound
4 Tata AIA Life Insurance Diamond savings Plan Ver 2 (PPT 12 years) 5.00 % Compound
5 Tata AIA Life Insurance Diamond savings Plan Ver 2 (PPT 5 years & PT 15 years) 4.00 % Compound
6 Tata AIA Life Insurance Diamond savings Plan Ver 2 (PPT 5 years & PT 20 years) 4.50 % Compound
7 Tata AIA Life Insurance Diamond savings Plan Ver 2 (PPT 6 years & PT 15 years) 4.00 % Compound
8 Assure 21 years money saver 4.00 % Compound
9 Assure 10 years security and growth plan 4.00 % Compound
10 Assure 20 years security and growth plan 4.00 % Compound
11 Assure 30 years security and growth plan 4.00 % Compound
12 Assure golden years plan 4.00 % Compound
13 Assure educare at 21 4.00 % Compound
14 Assure educare at 18 4.00 % Compound
15 Assure career builder 4.00 % Compound
16 Nirvana 4.00 % Compound
17 Nirvana plus 5.50 % Compound
18 Tata AIA Life Insurance Mahalife Magic 4.50 % Compound
19 Tata AIA Life Insurance Smart Growth Plus 4.00 % Compound
20 Tata AIA Life Insurance Insta Wealth Plan 3.50 % Compound

Additional Reversionary Bonus of 4.50% for Shubh Life 10 Year Term & 31% for Shubh Life 15 Year Term policies maturing between 1st June 2021 to 31st May 2022 is declared. For Diamond Savings Plan, above reversionary bonus rates will continue as interim bonus until the next bonus declaration.

Cash Dividend Rates

Sr.No Participating Products Cash Dividend
1 Tata AIA Life Mahalife 29.3 per 1000 SA
2 Tata AIA Life Mahalife Gold 31.3 per 1000 SA
3 Tata AIA Life Insurance MahaLife Gold ver2 55 per 1000 SA
4 Tata AIA Life Insurance Mahalife Gold Plus 55 per1000 SA
5 Tata AIA Life Insurance MahaLife Gold ver3 N/A

The policyholders who deposit the dividends with the Company to be credited an interest rate of 4.00% until further notice.

Terminal Bonus Rates

Sr.No Participating Products Terminal bonus rates (as a % of attaching reversionary bonuses) for policies completing
10 yrs 11 yrs 12 yrs 13 yrs 14 yrs 15 yrs 16 yrs 17 yrs 18 yrs 19 yrs 20 yrs 21 yrs 22 yrs
1 Assure 21 years Money Saver 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 65% -
2 Assure 10 Years Security & Growth Plan 85% - - - - - - - - - - - -
3 Assure 20 Years Security & Growth Plan 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 75% - -
4 Assure 30 Years Security & Growth Plan 75% 75% 60% 70% 75% 105% 90% 90% 95% 65% 65% 65% 25%
5 Assure Golden Years Plan 75% 75% 60% 70% 75% 105% 90% 90% 95% 65% 65% 65% 25%
6 Assure Educare at 21 135% 95% 80% 75% 75% 75% 90% 75% 80% 25% 65% - -
7 Assure Educare at 18 125% 80% 80% 80% 75% 125% 95% 95% 95% - - - -
8 Assure Career Builder 25% 25% 55% 55% 55% 75% 65% 70% 70% 70% 25% - -
9 Star Kid 25% 25% 25% 25% 65% 65% 60% 70% 25% - - - -
10 Nirvana 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% -
11 Nirvana Plus 100% 140% 25% 25% 25% 80% 80% 90% 80% 85% 25% - -
12 Nirbhay Life * 25% 25% 25% 25% 25% 145% 160% 145% 175% 25% - - -

*The Terminal Bonus Rate for Nirbhay Life is expressed as a percentage of the Sum Assured. Same bonus rates as given above will be paid to the claiming policies (death). Also, the above terminal bonus rates will remain applicable until the next bonus declaration.

Disclaimer
  • PT – Policy Term | PPT – Premium Payment Term

  •  “Bonuses which are in the form of Compound Reversionary Bonus (CRB), Simple Reversionary Bonus (SRB), and Terminal Bonuses are not guaranteed and may be as declared by the company from time to time, based on company’s future investment performance. Past performance is not indicative of future performance. For more information, please refer to the benefit illustration and Terms and Conditions of the policy.”

  •  ~ Bonus rates increased from 3.5% to 5.5% in FY 2021 for Tata AIA Life Insurance Diamond Savings Plan (UIN: 110N133V01) with a 12-year premium payment term.

  • ^ Customers of participating products as on date in the books of Tata AIA Life Insurance Company Limited.

  • Insurance cover is available under the product. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.

  • L&C/Advt/2021/Aug/1473