Tata AIA Life Insurance Money Back Plus

Money Back Plus Product Overview

A Non Linked, Participating, Individual Life Insurance Savings Plan

We at Tata AIA Life understand how important it is to plan ahead in order to fulfill dreams like family vacation, buying a house or plan ahead for important occasions such as children's education, planning their wedding or starting a business. In order to fulfill all these obligations, we work hard and ensure our investments come handy when we need them the most. Keeping this need in mind, we present to you a chance to experience the joy of securing your future needs with one important decision.

Presenting, Tata AIA Life Insurance Money Back Plus, a Non Linked, Participating Individual Life Insurance Savings Plan, which caters to your need of periodic payouts at key stages in life along with life cover protection. This plan gives you the flexibility to choose from various term options to meet your financial commitments with the advantage of paying for only half the term along with enhanced savings with Bonuses * throughout the term.

Make the right start with the "Tata AIA Life Insurance Money Back Plus" that will help you build a strong savings foundation with adequate financial protection so that you leave no stone unturned to add colors to your dreams!

Money Back Plus Key Features

  • Money Back payouts of up to 130% of Sum Assured at regular intervals during the Policy Term
  • Life cover throughout the Policy Term regardless of the Money Back payouts already paid
  • Additional protection in case of Accidental death through inbuilt Accident Benefit
  • Limited premium payment equal to half the Policy Term
  • Compounded Reversionary Bonus & Terminal Bonus* on Maturity
  • Option to enhance protection through Riders1
  • Tax benefits2 u/s 80C & 10(10D) of the Income-Tax Act, 1961


  • *Compound Reversionary Bonus and Terminal Bonus will be based on Company’s performance and are not guaranteed.
  • 1Tata AIA Life Insurance Waiver of Premium Plus (WOPP) Rider (UIN: 110B029V01) and Tata AIA Life Insurance Term Rider (UIN: 110B030V01) are available under this plan. 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 / Intermediary or visit our nearest branch office.
  • 2Income 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.
  • Past performance is not indicative of future performance. All Premiums are subject to applicable taxes, cesses & levies which will entirely be borne by the Policyholder along with the payment of Premium. If any imposition (tax or otherwise) is levied by any statutory or administrative body under the Policy, Tata AIA Life Insurance Company Limited reserves the right to claim the same from the Policyholder. Alternatively, Tata AIA Life Insurance Company Limited has the right to deduct the amount from the benefits payable by Us under the Policy.
  • This product is underwritten by Tata AIA Life Insurance Company Limited.
  • 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
  • For more details on risk factors, terms and conditions, please read Sales Literature carefully before concluding a sale