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Tata AIA Smart Pension Secure

Plan a dream retirement with Tata AIA Smart Pension Secure to get a lifetime of financial security to enjoy your golden years. With our comprehensive plan, you can look forward to a worry-free future, enjoying the lifestyle you’ve always dreamed of.

Benefits at a glance

Build your Retirement Corpus

Get better returns by investing in funds rated 4 or 5 stars¹ by Morningstar², reflecting strong performance and reliability to grow your retirement savings.
Zero Premium Allocation Charges

With Zero Premium Allocation charges, your entire premium gets invested in the fund of your choice.
Earn Rewards

Maximize your retirement savings with Loyalty Additions⁸ and maturity boosters¹⁰, designed to reward you for staying invested.
Liquidity After Lock-in Period

After the lock-in period, you can make partial withdrawals⁹ from your accumulated corpus for easy access to funds in emergencies or other specific financial needs.
Waiver of Premium

Keep your retirement plan secure even during challenging times by opting for the built-in Waiver of Premium¹² feature.
Optional Rider for Comprehensive Protection

Increase your policy coverage with an optional rider¹¹, offering financial support for outpatient medical expenses.
Avail Tax Benefits

Get income tax⁴ benefits as per applicable tax laws and save more.

Plan Option

Smart Pension Secure

This plan option allows you to invest your premiums in the market, allowing you to earn returns without being charged for premium allocation. You have the flexibility to switch your funds as often as you like to maximise your investment growth. Upon maturity, you can choose how to receive benefits, provided all premiums have been paid. However, if the policyholder passes away during the policy term, the death benefit will be paid out, and the policy will close.
Smart Pension Secure Plus

Smart Pension Secure Plus option offers additional security for your loved ones. In the unfortunate event of the policyholder's death, the nominee will receive the death benefit, and the future premiums (if applicable) will be covered by the insurance company. This ensures that the policy continues, and the benefits are preserved, offering peace of mind for the policyholder knowing that their loved ones will be financially protected.

Why Choose Tata AIA Life Insurance?

1.3 Lakh Crore+

Assets under Management⁵
99.41%

Individual Death Claim Settlement Ratio⁶ in FY24–25
89 Lakh+

Families protected so far⁷
500+ Branches

Presence across major cities in India

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Are you an NRI?

Yes

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Frequently Asked Questions

Why should I invest in a Unit Linked pension plan?

Unit linked pension plans offer the benefits of growing your funds by investing in markets and provide a steady income post-retirement.
Can I switch between different funds in this plan?

Yes, Tata AIA Smart Pension Secure offers the flexibility to switch between various market-linked funds³, allowing you to adapt your investment strategy based on market conditions and your financial goals as per policy terms and conditions.
Are there any tax benefits associated with Tata AIA Smart Pension Secure?

Yes, premiums paid, and benefits received under this plan are eligible for tax⁴ deductions as per prevailing tax laws.
What is the difference between the Smart Pension Secure and Smart Pension Secure Plus?
- Smart Pension Secure:
  This benefit option provides you with an opportunity to invest your entire premium and earn market linked returns with a flexibility for unlimited fund switches to get most out of your investment.
- Smart Pension Secure Plus:
  This benefit option, in your absence, keeps the benefits under your policy intact by funding future premium (if any) along with a lumpsum payout.
What are Loyalty Additions?

Loyalty Additions⁸ are made every year, to the fund value starting from end of 6^th policy year till the end of policy term thereby enhancing your retirement corpus.
What is Maturity Booster?

Basis your policy maturity year, Boosters¹⁰shall be added to your fund value on the day of maturity depending on the plan option chosen.

Disclaimer
- The linked insurance product do not offer any liquidity during the first five years of the contract. The policy holder will not be able to surrender/withdraw the monies invested in linked insurance products completely or partially till the end of the fifth year.
- Tata AIA Smart Pension Secure (UIN: 110L182V09) - Non-Participating, Unit Linked, Individual Life Insurance Pension Plan
- ¹All funds open for new business which have completed 5 years since inception are rated 4 star or 5 star by Morningstar as of August 2025.
- ²©2024 Morningstar. All rights reserved. The Morningstar name is a registered trademark of Morningstar, Inc. in India and other jurisdictions. The information contained here: (1) includes the proprietary information of Morningstar, Inc. and its affiliates, including, without limitation, Morningstar India Private Limited (“Morningstar”); (2) may not be copied, redistributed or used, by any means, in whole or in part, without the prior, written consent of Morningstar; (3) is not warranted to be complete, accurate or timely; and (4) may be drawn from data published on various dates and procured from various sources and (5) shall not be construed as an offer to buy or sell any security or other investment vehicle. Neither Morningstar, Inc. nor any of its affiliates (including, without limitation, Morningstar) nor any of their officers, directors, employees, associates or agents shall be responsible or liable for any trading decisions, damages or other losses resulting directly or indirectly from the information.
- ³Market-linked returns are subject to market risks and terms & conditions of the product. The assumed rate of returns or illustrated amount may not be guaranteed and depends on market fluctuations.
- ⁴Income 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.
- ⁵As on 31st March 2025, the company has a total Assets Under Management (AUM) of ₹130,053 Crore
- ⁶Individual Death Claim Settlement Ratio is 99.41% for FY 2024-25
- ⁷89,43,554 families protected till 31st May 2025.
- ⁸Loyalty additions only available with Option 2: Smart Pension Secure Plus
- ⁹Partial withdrawals only available 3 times during the entire policy term and only for reasons specified in IRDA Regulations as amended from time to time
- ¹⁰Loyalty additions and maturity boosters are only available for purchase through online/digital channels
- ¹¹Riders are not mandatory and are available for nominal extra cost. For more details on the benefits covered, rider charges and exclusions under the Riders please refer to the Rider Brochure or contact our Insurance Advisor/Intermediary or visit our nearest Branch Office.
- ¹²Tata AIA Life Insurance Waiver of Premium Plus (Linked) Rider - Linked, Individual, Health Insurance Rider (UIN:110A025V03)
- ¹³Illustration shows annual premium of ₹1,00,000 for Tata AIA Smart Pension Secure for a 35-year-old male, standard life, premium payment term: 25 years, policy term: 25 years. Annuity payable values shown are only for illustrative purposes only, actual values will depend on the rates prevailing at the time of annuitization. The illustrated annuity values consider 100% annuitization and Complete Annuity Booster. 4% and 8% are assumed rates of returns. Total maturity amount at 4% returns: ₹3,66,347 and 8% returns: ₹6,69,654
- ¹⁴5-year computed NAV for Future Equity Pension Fund as of March 2026. Other funds are also available. Benchmark of this fund is Nifty 50.
- Some benefits are guaranteed, and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed benefits, then these will be clearly marked “guaranteed’ in the illustration table on this page. If your policy offers variable benefits, then the illustrations on these pages will show two different rates of assumed future investment returns. Currently the gross investment returns are stipulated as 4% p.a. and 8% p.a. These assumed rates of return are not guaranteed, and these are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including actual future investment performance.
- The fund is managed by Tata AIA Life Insurance Company Ltd. For more details on 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.
- 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, with reinvestment of dividends (if any).
- Investments are subject to market risks. The Company does not guarantee any assured returns. The investment income and price may go down as well as up depending on several factors influencing the market.
- Please make your own independent decision after consulting your financial or other professional advisor.
- Tata AIA Life Insurance Company Limited is only the name of the Insurance Company & Tata AIA Smart Pension Secure is only the name of the Unit Linked Life Insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns
- Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors. Please know the associated risks and the applicable charges, from your Insurance Agent or Intermediary or Policy Document issued by the Insurance Company.
- Various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. The underlying Fund's NAV will be affected by interest rates and the performance of the underlying stocks.
- The performance of the managed portfolios and funds is not guaranteed, and the value may increase or decrease in accordance with the future experience of the managed portfolios and funds.
- Premium paid in the Unit Linked Life Insurance Policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the Insured is responsible for his/her decisions.
- Please know the associated risks and the applicable charges, from your insurance agent or the Intermediary or policy document issued by the Insurance Company.
- This product is underwritten by Tata AIA Life Insurance Company Ltd.
- The plan is not a guaranteed issuance plan, and it will be subject to company’s underwriting and acceptance.
- For more details on 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.
- 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 non-standard lives and, extra premiums will be charged as per our underwriting guidelines.
- L&C/Advt/2026/May/3028