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Non-Linked, Non-Participating, Individual Life Insurance Savings Plan (UIN: 110N148V05)

Tata AIA
POS Smart Income Plus

Tata AIA
POS Smart Income Plus

  • Avail life cover to secure your family’s financial future

  • Get Guaranteed* income to fulfil your life goals

     

  • Get income tax# benefits and save more 


    *T&C apply

     

Neeraj Chopra Promoting Tata AIA Fortune Guarantee Supreme Policy
Neeraj Chopra Promoting Tata AIA Fortune Guarantee Supreme Policy
Looking to buy a new
insurance plan?

Looking to buy a new
insurance plan?

+91

    TATA AIA Life Insurance Co. Ltd will send you updates on your policy, new products & services, insurance solutions or related information. Select here to opt-in.

    Tata AIA POS Smart Income Plus
     

    Easily achieve your medium and long-term life goals with the Tata AIA POS Smart Income Plus plan. Offering a life cover and guaranteed* payouts, this plan helps you stay on track to fulfil your dreams—whether it's making a down payment on your dream home or taking that long-awaited vacation—while ensuring your family's financial security.

    Key
    Benefits

    Guaranteed income

    Guaranteed* payouts under the Regular Income option

    Insurance coverage

    Life insurance coverage to secure the future of your loved ones

    Flexible choice of plan options

    Flexibility to choose between Regular Income and Endowment Benefit options

    Limited premium payment term

    Pay premium for 7 years only and enjoy a life cover for 15 years

    Highlights of Tata AIA Life Insurance POS Smart Income Plus Plan 

    The plan offers guaranteed* payouts of 120% of the Annualised Premium under the Regular Income Benefit option

    This plan also offers a life cover to help protect your loved ones
    Women policyholders enjoy a higher benefit

    You have the flexibility to plan your future goals with guaranteed* returns

    You can choose to pay your premiums annually, semi-annually, quarterly or monthly
    You have the option to avail a loan against your policy

    You can avail tax# benefits as per the applicable tax laws
     

    *T&C apply

    Eligibility Criteria

     

    Plan Parameters

    Minimum

    Maximum

    Age at Entry (Years)

    3

    50

    Age at Maturity (Years)

    18

    65

    Policy term (years)

    15

    Premium payment term (years) 

    7

    Basic sum assured 

    11 times the annualized premium

    Premium payment mode 

    Annual/ Half-yearly/ Quarterly/ Monthly 

    See More See Less

    Frequently Asked Questions

    What are the plan options under the POS Smart Income Plus plan?

    Under the Tata AIA Life Insurance POS Smart Income Plus plan, you have the flexibility to choose from the following plan options.

    • Option 1: Regular Income Benefit
    • Option 2: Endowment Benefit
    What is the premium payment frequency for this savings plan?

    You can choose from the following premium payment frequencies.

    • Annual
    • Half-yearly
    • Quarterly
    • Monthly 
    How can I raise a claim under this savings plan?

    You can choose any of the following channels to reach out to us and raise a claim.

    The Claims Department,
    Tata AIA Life Insurance Company Limited
    B- wing, 9th Floor,
    I-Think Techno Campus,
    Behind TCS, Pokhran Road No.2,
    Close to Eastern Express Highway,
    Thane(West) 400 607.
    IRDA Regn No. 110

    How long does the life cover offered by the POS Smart Income Plus plan last? Do I have to pay premiums over the entire duration?

    The Tata AIA Life Insurance POS Smart Income Plus (UIN: 110N148V05) plan offers you a life cover over the policy term of 15 years. You do not need to pay premiums over that entire duration. Instead, you only need to pay premiums for 7 years.

    Looking to buy a new insurance plan? 

    Our experts are happy to help you!

    +91

    TATA AIA Life Insurance Co. Ltd will send you updates on your policy, new products & services, insurance solutions or related information. Select here to opt-in

    Disclaimers

    • The complete name of Tata AIA POS Smart Income Plus is Tata AIA Life Insurance POS Smart Income Plus - Non-Linked, Non-Participating, Individual Life Insurance Savings Plan (UIN: 110N148V05)
    • *Guaranteed Returns are defined as Guaranteed Payout (GP)/ Guaranteed Maturity Payout (GMP) under both Plan Options. For Regular Income Benefit option, GP is 120% of the one Annualised Premium (AP) and GMP is 46% to 162% of AP for male lives and 74% to 164% of AP for female lives. Please refer survival benefit factor under regular income benefit option. For Endowment Benefit option, GP is 5.26 to 5.58 times of AP for Male lives and 5.36 to 5.59 times of AP for female lives and GMP is equal to GP, provided the policy is in-force and all due premiums have been paid. The GP/GMP factors under both the plan options will depend on premium payment term, age and gender of the Life Insured.
    • #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 on this site. Please consult your own tax consultant to know the tax benefits available to you.
    • 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 all the Premiums 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.
    • This product is offered to standard lives only.
    • For more details on risk factors, terms, and conditions, please read the sales brochure carefully before concluding a sale. 
    • L&C/Advt/2024/Oct/3095
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    Existing customer?

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    New user? Our experts are happy to help.

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