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Tata AIA Smart Raksha

Get life covered and wealth discovered by choosing a perfect mix of life insurance and investments for higher coverage and increased investment benefits.

Tata AIA Smart Raksha

Get financial protection to
safeguard your family’s future

Create a second income with
New Partial Withdrawal⁷ strategies

Flexibility to choose your policy term
and premium payment term

In this policy, the investment risk in investment portfolio is borne by the policyholder

IN THE POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIOIS BORNE BY THE POLICYHOLDER 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.

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Benefits Of Tata AIA Smart Raksha

You shall get the Fund Value, including Top-Up Premium Fund Value, if any, valued at applicable NAV on the date of Maturity.

Increasing Life Cover option

Enjoy automatic increases in your Basic Sum Assured at key policy milestones, helping your protection keep pace with your evolving financial responsibilities.

Return of Mortality Charges

Starting from the 11^th policy year, at the end of each policy month, the mortality charge deducted in the 120^th month prior shall be added to the Fund Value in the form of addition of units. For instance, in the 121^st policy month, the mortality charges deducted in the 1^st policy month shall be added.

In addition to the above, the total of mortality charges deducted during the entire policy tenure less any mortality charges already returned to the policyholder till date will be returned on maturity provided the policy is in-force and all due premiums are paid till date.

Refund of Premium Allocation Charges

At the end of the 10th, 11th, 12th, and 13th policy years, the total Premium Allocation Charges deducted 10 years prior shall be added to the Fund Value in the form of addition of units until the policy is in force.

Get Loyalty Additions

Starting from 11^th year of your policy, 0.25% of average fund value of last 4 quarters will be added as loyalty addition at the end of every year.

Cover Continuance Boosters

Cover Continuance Boosters will be added as extra units. In the first 15 years, they are added if the fund value drops below 10% of the premium. From the 16t^hyear onwards, boosters are added if the fund value falls below the the Fund Value implied by the Target Net Yield.

Smart Lady

Female policyholders will receive an extra 0.5% of the instalment premium added to their plan in the first year.

Second Income with Withdrawal Plans

After 5 policy years, you can choose to receive a second income based on three withdrawal plans: Systematic Withdrawal Plan, Chosen-Rate Withdrawal Plan, and Index Based Withdrawal Plan.

Choice of Investment Strategy

You can choose any fund from out top-rated funds¹ or choose between the portfolio strategies: Enhanced SMART (Systematic Money Allocation & Regular Transfer) or Life-stage based Portfolio Strategy.

Top-Up Facility

An additional sum assured equal to 1.25 or 1.10 X top-up premium, subject to the policy conditions, will be provided under the Top-Up facility. The top-up premiums can be allocated in any proportion between the chosen funds.

Flexibility of Premium Payment Mode

You may choose to pay your premiums Annually, Semi-annually, Quarterly, Monthly, or even single time as per your convenience.

Unlimited Free Fund Switching

You can switch between funds anytime, for free and as often as needed, to match your financial goals or market changes. You can also re-direct future premiums to different funds, as long as the percentages add up to 100%. No charges applicable for re-direction.

Receive Maturity Benefits Your Way

You can choose to receive the maturity benefit either as a lump sum or through regular payments over five years after the policy maturity date.

Health Management Service

Avail medical consultation services, second opinion from experts in case of critical illness as a part of this plan.

Tata AIA funds have consistently outperformed benchmarks

All
Equity
Debt
Hybrid

View Fund Fact Sheet

Returns as of June'26. Fund ratings by Morningstar as of July'26.

Plan now

Why Should One Invest in ULIP Plans?

Financial Protection - When you invest in a ULIP Policy, you can ensure a life cover to protect the financial future of your family in your absence and also invest in financial securities for wealth creation.

Customised Investment Solutions - You can invest in financial securities based on your risk appetite, whether high-risk equity funds, medium-risk hybrid funds, or low-risk debt funds. Furthermore, you can switch between the funds based on your changing investment preferences, considering the market cycles.

Investment Flexibility - You can pay the premium using the chosen premium payment mode and opt for the lump sum or periodical payments for the maturity benefits.

Withdraw Funds - After the 5-year lock-in period, you can benefit from withdrawal options to fund your routine expenses or planned financial commitments.

Long Term Investment - With ULIP Plans, you can plan a long-term investment to enhance the potential gains for your wealth creation objectives.

Income Tax Benefits - No GST on premiums paid. Returns are tax-free³

Why choose Tata AIA?

Top Rated Funds

Our fund options are rated 4 or 5 stars¹by Morning Star²

600+ Branches

Presence across major cities in India.

1.4 Lakh Crore+

Assets Under Management
(AUM)⁵

99.45%

Individual Death Claim Settlement Ratio for FY 25-26⁶

Eligibility Criteria

Criteria	Values
Minimum Entry Age	18 Years
Maximum Entry Age	55 Years
Minimum Maturity Age	53 Years
Maximum Maturity Age	Limited Pay – 85 Years Regular Pay – 85 Years
Policy Term (PT)	Limited Pay – 30 Years Regular Pay – 30 Years
Premium Paying Term (PPT)	Limited Pay – 5 Years Regular Pay – 20 Years
Maximum Premium Paying Term	Single Pay Limited Pay – (Policy Term – 1) Years Regular Pay – Equal to Policy Term
Minimum Premium	₹30,000 per annum
Maximum Premium	As per Board Approved Underwriting Policy (BAUP)
Increase /Decrease in Premium	Not Allowed
Minimum Basic Sum Assured	Age at Entry less than 50 years: 7 times Annualised Premium Age at Entry 50 years and Above: 5 times Annualised Premium
Pay Mode	Single, Annual, Semi-Annual, Quarterly, Monthly

Age is as on last birthday

Brochure

Policy Document

Customer Information Sheet

Withdrawn Products

Generic
Policy
Coverage
Claim

1.Does a ULIP Policy have a lock-in period?

Yes, the ULIP Policy has a lock-in period of 5 years.

2.Can I withdraw funds from my ULIP Policy?

You can withdraw funds from your ULIP policy after the 5-year lock-in period.

3.Can I surrender a ULIP Policy?

You can surrender a ULIP policy. However, it is not recommended to surrender a ULIP Policy because you might end up losing the coverage and the investment benefits to a great extent.

1.What are the withdrawal options available with Tata AIA Smart Raksha

The withdrawal options available with the Smart Raksha are:

Systematic Withdrawal Plan (SWP) - You can withdraw from the fund at pre-determined intervals. Such withdrawals can be a pre-determined percentage of the fund value or a pre-determined absolute amount.
Chosen-Rate Withdrawal Plan (CWP) - A payout, as per the payout frequency chosen, will be processed in case the performance of the fund(s) where the policyholder has invested their premium is higher than the chosen rate of return by the policyholder.
Index-Based Withdrawal Benefit (IWP) - This option works similarly to CWP. But instead of choosing a rate of return, the policyholder can link the rate of return to an external index. Suppose the performance of the fund(s) in which the policyholder has invested their premium is higher than their index-based return. In that case, the positive difference between the two fund values shall be paid out to the policyholder as per the payout frequency chosen.

2.What are the term and conditions for partial withdrawal in a policy year?

We recommend keeping your money invested in the policy for the entire policy term to enjoy the power of compounding. However, this plan provides you with an option to partially withdraw your funds in case of any financial emergency. You can withdraw from you fund value such that the Fund Value post withdrawals is more than two (2) times your Annualised Premium in case of Regular/ Limited Pay. Please note that the maximum limit for partial withdrawals may change from time to time. Please refer this space for current limits.

3.What are the settlement options available under the Tata AIA Smart Raksha

You can have the option to receive Maturity Benefits either in a lump sum or in the form of periodical payments over a Settlement Period of five years from the Maturity Date.

4.How is the Net Asset Value calculated?

The Net Asset Value (NAV) of the segregated funds shall be computed as:

The Market value of the investment held by the fund + value of current assets - (value of current liabilities and provisions, if any).

1.What is the Cover Continuance Booster?

Cover Continuance Boosters are non-negative amounts added to your policy. This additional allocation will be available under both plan options.

For the first 15 policy years, at the end of the policy month, if the Fund Value falls below 10% of the Instalment Premium. From the 16th Policy Year till the end of the policy term at the end of each policy month if the Fund Value falls below the Fund Value implied by the Target Net Yield.

1.How do I file a claim with Tata AIA Life Insurance?

To file a claim with us, reach out to us via the following channels:

Online using the Online Intimation Page.
Email us at: customercare@tataaia.com
Call our helpline number - 1860-266-9966 (local charges apply)
Walk into any of the Tata AIA Life Insurance Company branch offices
Write directly to us at:
Tata AIA Life Insurance Company Limited,
15th Floor, Centaurus, Hiranandani Business Part,
Hiranandani Estate, Thane West, Maharashtra
Pin code - 400607
IRDA Regn. No. 110

2.What are the documents needed to file a claim under this ULIP?

Please click here to know the list of documents needed for the claim intimation and settlement process.

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. 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 Raksha Unit Linked Non- Participating, Individual Life Insurance Plan (UIN: 110L187V01)
¹All funds open for new business which have completed 5 years since inception are rated 4 or 5 Star by Morningstar as of August 2025.
²©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.
³No Goods and Service Tax shall be applicable on Individual life insurance products as per prevailing laws. Income Tax benefits would be available, subject to fulfillment of conditions of aggregate premium within threshold limit of ₹2.50 Lakh/annum for ULIP and ₹5.0 Lakh/annum for non ULIP Life insurance and maintaining conditions of premium to sum assured ratio as stipulated therein in Section 11, Schedule II (erstwhile Section10(10D)) of Income Tax Act 2025. 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.
⁴Riders are not mandatory and are available for a nominal extra cost. For more details on benefits, premiums, and exclusions under the Rider, please contact Tata AIA Life's Insurance Advisor/Intermediary/ branch.
⁵As on 31st March 2026, the company has a total Assets Under Management (AUM) of ₹145,589 Crore.
⁶Individual Death Claim Settlement Ratio is 99.45% for FY 2025-26 as per latest audited figures.
⁷Tata AIA Smart Raksha offers 3 partial withdrawal strategy, Systematic Withdrawal Plan, Chosen-rate Withdrawal Pl an and Index based Withdrawal plan. Please refer to policy document for more details.
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 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
Past performance is not indicative of future performance
If your policy offers variable benefits, then the illustrations on this page 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
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. Unit Linked Life Insurance products are different from traditional insurance products and are subject to risk factors.
Life insurance cover is available under the solution. 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.
To know more about the products, features, and eligibility, kindly visit our nearest branch or contact us at +91 22 6984 9300
L&C/Advt/2026/Sep/5112