Term Insurance

Investment Plans

NRI Plans

All Plans

Customer Service

Calculators

Fund Performance

Tata AIA Premier SIP

With Tata AIA Premier SIP grow your wealth steadily with our top-performing funds³. Get the benefits of disciplined investing, market-linked returns⁵, and long-term financial security. Start investing today for a fikar-free future!

Benefits of Tata AIA Premier SIP

Zero Allocation Charges

In this plan, there are no allocation charges, allowing you to invest your entire premium in your chosen fund option.
Waiver of Premium Benefit

In case of an unforeseen event, future premiums are waived off⁶, keeping your investment intact and securing your financial goals without any burden on your loved ones.
Medical Second Opinion

Get medical second opinion from specialists, a health concierge for end-to-end support and a case doctor for guidance throughout the process.
Doctor Teleconsultations

Connect with top doctors with just a few clicks—anytime, anywhere
Preventive Health check up⁹ & discounted Vaccination

Get preventive health check up. Order Vaccines, medicines and diagnostic tests from home and enjoy extra discounts
Smart Lady Benefit

This plan offers 0.5% additional fund units with first year premium under (Limited and Regular Pay) to women policyholders, enhancing their investment growth at no extra cost.
Tax-Free Withdrawals

The payouts are tax² exempted maximizing your returns efficiently.
Generate Second Income

Generate second income with smart withdrawal strategies, where you can withdraw money in a smart way while your investment keeps growing.
Unlimited Fund Switching

You can switch between funds anytime, as often as you like, without any extra cost or additional tax levied³. This gives you complete control over your investments.
Increased Coverage

Enhance your policy coverage with Health buddy benefits like Terminal Illness with Term Booster (TTB), Accidental Death Benefit (ADB), and Accidental Total and Permanent Disability (ATPD) for added financial protection.
Income Tax Benefits

Get income tax benefits on the premiums paid per applicable tax² laws and save more.

Tata AIA funds have consistently outperformed benchmarks

All
Equity
Debt
Hybrid

View Fund Fact Sheet

Returns as on

Calculate Returns

Flexibility at Your Fingertips with Multiple Partial Withdrawal Options

Once the lock-in period concludes, you have the freedom to choose a withdrawal strategy that aligns with your financial goals. Here are some options available within the Tata AIA Premier SIP Plan.

Systematic Withdrawal Plan (SWP)

Maintain control by withdrawing a fixed amount or a specific percentage of your fund value at regular intervals.

Chosen-rate Withdrawal Plan (CWP)

Prioritize growth by setting a desired growth rate for your investment. Any surplus exceeding this target rate will be distributed to you as a payout.

Index-based Withdrawal Plan (IWP)

Link your withdrawals to market performance. Select an index as a benchmark. If your fund value surpasses the chosen index's growth, the excess amount becomes available for withdrawal.

Know your Plan

Plan Option - Future Secure	Minimum	Maximum
Entry Age	18 years	50 years
Policy Term	10 years for Limited Pay/Regular Pay	50 years
Premium Payment Term	Limited Pay - 5 years Regular Pay - 10 years	Limited Pay - 20 years Regular Pay - 50 years
Premium Amount	Limited Pay / Regular Pay - 1000 per month	2.5 Lakhs (Annually)
Maturity Age	28 years	60 - 80 years (depending on the age)

For Entry Age (Years)	Maximum Policy Term (Years)
For Entry Age (Years)	For Premium Payment Term Limited Pay: 5 to 9	For PPT Limited Pay 10+ / Regular Pay
18 to 20	50	50
21 to 25	70 - Current Age	50
26 to 30	70 - Current Age	50
31 to 35	65 - Current Age	80 - Current Age
36 to 40	65 - Current Age	75 - Current Age
41 to 45	60 - Current Age	75 - Current Age
46 to 50	Not possible	70 - Current Age

Age as on last birthday

See All See Less

Definition:

Limited Pay: Pay premiums over a specified, shorter period, while enjoying policy benefits for the complete policy term.
Regular Pay: Pay your premiums regularly as per the option selected (Single, Annual, Semi-Annual, Quarterly, Monthly), throughout the entire policy term.

Why Choose Tata AIA Life?

89 Lakh+

Families Protected⁷

800+ Branches

Presence across major cities in India

Pay your Way

Flexibility to choose premium payment mode as per convenience

1.3 Lakh Crore+

Assets Under Management (AUM)⁸

Download Documents

Download Leaflet

Looking to buy a new insurance plan?

Our experts are happy to help you!

Are you an NRI?

Yes

Name

Frequently Asked Questions

What is Tata AIA Premier SIP?

Tata AIA Premier SIP is a market-linked⁴ investment plan that helps you grow your wealth with our top-performing funds⁷ while offering financial security through disciplined investing. This plan is a combination of our best-selling plans Tata AIA Smart SIP and Tata AIA Health Buddy
Can I switch between funds in Tata AIA Premier SIP?

Yes, you get unlimited free fund switches to manage your investment strategy based on market conditions and personal financial goals.
What is the Smart Lady Benefit in this plan?

Women policyholders receive an extra 0.5% allocation of fund units with the first-year premium, enhancing their investment growth at no additional cost.
Can I enhance my policy coverage with Health Buddy product ?

Yes, this solution comes with inbuilt Health buddy benefits like Terminal Illness with term Booster(TTB), Accidental Death Benefit (ADB), and Accidental Total and Permanent Disability (ATPD) to increase financial protection for yourself and your family. This plan offers disability cover and Accidental cover to protect your family.

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 Premier SIP is a combination of the Tata AIA Smart SIP, a non-participating, unit-linked, individual life insurance savings plan (UIN: 110L174V02), and Tata AIA Health Buddy, Non-participating, Non-Linked, Individual Health Product (UIN:110N183V01). Both Tata AIA Smart SIP and Tata AIA Health Buddy are also available for sale individually.
- Health Buddy Activ is part of the wellness offerings of Tata AIA Health Buddy. It is the customer’s sole discretion to avail the services. All medical-related services will be directly provided by the Service Providers and not by Tata AIA Life Insurance. These services shall be subject to the availability of the Service Provider. Tata AIA Life Insurance shall not be liable for any liability arising due to customer opting to avail this feature from the Service Providers. For more details on the benefits covered, please refer to the website, contact our Insurance Advisor/Intermediary, or visit our nearest Branch Office.
- This benefit illustration is the arithmetic combination and chronological listing of combined benefits of individual products. The customer is advised to refer the detailed sales brochure of respective individual products mentioned herein before concluding sale.
- ¹Illustration shows monthly premium of ₹8,848 for Tata AIA Param Raksha Life Pro + for a 30-year-old male, standard life, premium payment term: 10 years, policy term: 30 years with a ₹1 Cr life cover and 100% investment in Tata AIA Multi Cap Fund. 4% and 8% are assumed rates of returns. 19.87% is the 5-year return of Nifty 500 Index as of October'25. Total maturity amount at 4% returns: 13,05,258, 8% returns: ₹31,76,435 and 19.87% returns: 4,57,45,306. The fund value calculation is done by projecting the past returns of Nifty 500 Index after adjusting for all expenses in Tata AIA Param Raksha Life Pro +. The above values have been calculated assuming 19.87% p.a. gross investment returns, which is the past 5-year return of Nifty 500 Index as of October'25.
- Some Benefits are guaranteed, and some Benefits are variable (non-guaranteed) with returns based on the future performance of the opted funds and fulfilment of other applicable Policy conditions. If your Policy offers guaranteed returns, then these will be clearly marked as "guaranteed" in the illustration table on this page. If your policy offers non-guaranteed returns, then illustration will show two different rates of assumed future investment returns. The above illustration has been determined using assumed future investment returns of 8% and 4% respectively. The rates used have been set by the Life Insurance Council. These assumed rates of return are not guaranteed and there are no upper and lower limits of what you might get back at Maturity, due to the fact that the value of your Policy is dependent on a number of factors including future investment performance.
- ²No Goods and Service Tax shall be applicable on Individual life insurance products as per prevailing laws. Tax laws are subject to amendments from time to time. Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. The Tax-Free income is subject to conditions specified under section 10(10D) and other applicable provisions of the Income Tax Act,1961. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implications mentioned anywhere on this site. Please consult your own tax consultant to know the tax benefits available to you.
- ³All funds open for new business which have completed 5 years since inception are rated 4 or 5 Star by Morningstar as of November 2025.
- ⁴©2025 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.
- ⁵Market-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.
- ⁶Waiver of premium is available only in Future Secure option under Tata AIA Smart SIP.
- ⁷89,43,554 families protected till 31st May 2025.
- ⁸As on 31st March 2025, the company has a total Assets Under Management (AUM) of ₹130,053 Crore
- ⁹Health check-up includes Thyroid Profile, HbA1C, BSL, Cholesterol, BMI, Vit B12, Vit D, CBC (For Woman -Additional Test for Anaemia, PCOS, PAP Smear)For more details on benefits, premiums, and exclusions under the Health Buddy , please contact Tata AIA Life's Insurance Advisor/Intermediary/ branch.
- Tata AIA Life Insurance Company Limited is only the name of the Insurance Company & Tata AIA Life Insurance Smart SIP 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
- 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
- Unit Linked Life Insurance products are different from traditional insurance products and are subject to risk factors. The premium paid in 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. The 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 fund is managed by Tata AIA Life Insurance Company Ltd. (hereinafter the Company"). 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. 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). All investments made by the Company 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 know the associated risks and the applicable charges, from your insurance agent or the Intermediary or policy document issued by the insurance company.
- The products are underwritten by Tata AIA Life Insurance Company Limited. The plans are not guaranteed issuance plans, and it will be subject to Company's underwriting and acceptance. Whilst every care has been taken in the preparation of this content, it is subject to correction and markets may not perform in a similar fashion based on factors influencing the capital and debt markets; hence this advertisement does not individually confer any legal rights or duties. This is not an investment advice, please make your own independent decision after consulting your financial or other professional advisor.
- The fund is managed by Tata AIA Life Insurance Company Ltd. (hereinafter the Company).
- Tata AIA Life Insurance Company Limited is only the name of the Insurance Company & the Unit linked insurance product with Tata AIA /Tata AIA Life Insurance as its prefix 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
- 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.
- 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.
- The products are underwritten by Tata AIA Life Insurance Company Limited.
- L&C/Advt/2025/Dec/4617