Call Us

FOR EXISTING POLICY

Have query on premium, payout or any servicing need?

Call us:

1 860 266 9966

Monday - Saturday | 10 am - 7 pm IST

Call charges apply

Dedicated NRI Helpdesk:

+91 22 6251 9966

Monday - Saturday | 10 am - 7 pm IST

Call charges apply

FOR NEW POLICY

Want to buy a new policy online?

Call us:

+91 22 6984 9300

Give missed call for a call back:

+91 11 6615 8748

Monday - Sunday | 8 am - 11 pm IST


Exclusively for NRIs:

Call us:

Give missed call for a call back:

+91 11 4473 0242

Monday – Sunday | 9 am – 9 pm IST

Language

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
Unit Linked Whole Life Individual Savings Plan (UIN:110L114V04)
 

Tata AIA
Wealth Maxima

The Tata AIA Wealth Maxima presents the combined benefits of market-linked returns$ for wealth creation and a protective life cover for your family’s future security.

Tata AIA
Wealth Maxima

The Tata AIA Wealth Maxima presents the combined benefits of market-linked returns$ for wealth creation and a protective life cover for your family’s future security.

27.29% Returns1 for Multi Cap Fund (Benchmark: 15.68%)

27.29% Returns1 for Multi Cap Fund (Benchmark: 15.68%)

Our funds have been rated 4 or 5 stars2 by Morningstar3

Our funds have been rated 4 or 5 stars2 by Morningstar3

Get Income Tax# benefits as per applicable tax laws

Get Income Tax# benefits as per applicable tax laws

Neeraj Chopra Promoting Tata AIA's Sampoorna Raksha Plan

Grow your wealth with our top rated funds2

Grow your wealth with our top rated funds2

+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.

    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

    Benefits of Tata AIA Wealth Maxima

    • Money bag - Claim tax deductions as per applicable tax laws with Term Insurance Policy - Features of Tata AIA Term Insurance Policy
      Whole Life Insurance Cover

      Secure your family from life’s unexpected turns with life insurance coverage till 100 years of age

    • Clock Icon
      Loyalty Additions to Investments

      From the 11th policy year, your investments can be boosted with loyalty~ additions in the form of additional units in each of the funds.

    • Boy with a cap
      Premium Pay Options

      Choose Limited Pay/Single Pay and enjoy life insurance coverage without worrying about life-long premium payments.

    • Flexible Death benefit payout in a term plan can be offered either as a lump sum, a regular income or a combination of both
      Optional Rider Benefits

      Choose from three optional riders^ to add to your life insurance coverage and be protected against specific risks and unforeseen events.

    • Money Bag Icon
      Flexible Investment Choices

      Select funds as per your preference from a range of or choose the Enhanced SMART portfolio strategy for your investments.

    • Money Bag Image
      Tax Benefits as Applicable

      Get Income Tax# benefits as per applicable income tax laws.


     

    Eligibility Criteria

    Minimum Issue Age (as of last birthday)

    0 years (30 days)

    Maximum Issue Age (as of last birthday)

    60 years

    Maximum Maturity Age

    100 years

    Policy Term

    100 minus Issue age

    Premium Paying Term

    Single Pay

    Limited Pay – 7/8/9/10/15 and 20 years

    Premium Pay Mode

    Single, Annual, Semi-Annual, Quarterly, Monthly

    Minimum Premium

    Single Pay – ₹5,00,000

    Limited Pay – ₹2,50,000 per annum

    Maximum Premium

    No Limit

    Minimum/Maximum Basic Sum Assured

    For Single Pay – 1.25 times the Single Premium

    For Limited Pay – Higher of (10*AP) OR (0.5*Policy Term* AP)

    AP = Annualised Premium

    means the premium amount payable

    in a year. It does not include the taxes, rider

    premiums and underwriting extra

    premiums on riders if any.

    (For the purpose of Basic Sum Assured,

    Policy Term = 70 minus Issue age)


    Age as on last birthday

    How Does This Plan Work?

    Step 1 - Select a Suitable Sum Assured

    Determine and choose a sum assured for your life insurance coverage that will protect your family's future financial goals and dreams.

    Step 2 - Choose the Policy Term and Premium Payment Term

    A suitable policy term will act as your investment tenure, while the choice of premium payment term can help you plan your investment.

    Step 3 - Pick Your Investment Funds

    Depending on your investment strategy and your risk profile, you can choose from an array of market-linked fund options offered under this policy.

    Step 4 - Complete the Online Purchase

    Make your online premium payment swiftly and safely through any of our multiple digital payment channels at your convenience.

    Frequently Asked Questions

    General Policy Coverage Claim

    What is the benefit of whole life insurance coverage?

    The main and most important benefit of whole life insurance coverage is that your loved ones will not have to worry about fulfilling their financial obligations and goals in case of your untimely demise. With whole life insurance, you also need not worry about purchasing a new life insurance policy after it expires since the policy term is life-long/up to 100 years of age.

    What is a Unit-Linked Insurance Plan?

    A Unit-Linked Insurance Plan is a type of life insurance policy that combines the benefits of market-linked investment with life insurance coverage so that the policyholder can avail of wealth creation opportunities while securing their family’s future under a single policy.

    When should I buy a Unit-Linked Insurance Plan?

    A suitable time to purchase a ULIP would be when you are ready to invest in market-linked securities and funds. If you understand the financial markets and have the financial capacity to pay timely premiums, you can choose some ULIP funds per your investment needs and risk profile.

    How many ULIPs do I need to generate long-term wealth?

    You can choose to have one or two ULIPs if you seek long-term wealth creation. However, two ULIPs mean that you will have to manage two premiums which can get expensive over the period. If you cannot pay your premiums, the policy can lapse, risking your life cover and investment. Having one ULIP with a comprehensive life cover and good investment options is the better choice.

    Can investors with a medium risk profile opt for ULIPs?

    Yes, ULIPs are quite flexible, especially when it comes to the choice of investment funds. As an investor with a medium risk profile, you can opt for funds options that align with your investment goals and match your risk profile.

    What is the maximum age for being eligible to purchase this policy?

    You can purchase the Tata AIA Wealth Maxima until the maximum issue age of 60 years.

    What is the maturity benefit payable on this ULIP?

    If you survive the policy term, you will receive a maturity benefit that comprises the Total Fund Value. This is the fund value in which you have invested over the years as well as the Top-Up Premium Fund Value valued as per the Net Asset Value (NAV) on the date of the policy maturity.

    What premium paying options are under the Tata AIA Wealth Maxima?

    The premium paying term under this policy is as follows:

    • Single Pay
    • Limited Pay – 7/8/9/10/15 and 20 years

    The premium paying modes are – single, annual, semi-annual, quarterly, and monthly.

    When can I opt for the Enhanced SMART option in my policy?

    You can opt for Enhanced SMART only at the time of policy inception, and available only for those policyholders who have chosen the annual/single mode of premium payment. This facility does not carry any additional charges.

    What are my rider options under the Tata AIA Wealth Maxima?

    You can choose from the following riders^ under this policy:

    • Tata AIA Accidental Death and Dismemberment (Long Scale) (ADDL) Linked Rider - Linked, Individual, Health Insurance Rider (UIN: 110A027V02 or later)
    • Tata AIA Waiver of Premium (Linked) Rider - Linked, Individual, Health Insurance Rider (UIN: 110A026V02 or later)
    • Tata AIA Waiver of Premium Plus (Linked) Rider - A Non-Linked, Non-Participating, Individual Health Insurance, Premium Paying Rider (UIN: 110A025V02 or later)  
    • Tata AIA Vitality Protect Plus - A Non-Linked, Non- Participating Individual Health rider (UIN: 110A048V03 or any later version)
    • Tata AIA Vitality Health Plus - A Non-Linked, Non- Participating Individual Health rider (UIN: 110A047V02 or any later version)
    • Tata AIA Life Insurance Linked Comprehensive Health Rider - A Non-Linked, Non- Participating Individual Health rider (UIN: 110A031V03 or any later version)
    • Tata AIA Life Insurance Linked Comprehensive Protection Rider - A Non-Linked, Non- Participating Individual Health rider (UIN: 110A032V03 or any later version)

    What is the Top-Up facility?

    The Top-Up facility comprises additional premiums you can pay towards your policy up to 4 times each year. The minimum amount you can pay is ₹5000, and these premiums, too, will have a lock-in period of 5 years from the date of acceptance unless you choose to completely withdraw your funds.

    What are the various policy charges associated with my ULIP?

    The different charges associated with your ULIP are premium allocation charge, fund management charge, mortality charge, discontinuance charge, and fund switching charge. Tata AIA Life Insurance does not levy any partial withdrawal charges or premium re-direction charges for the Tata AIA Wealth Maxima.

    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.

    Should I file a claim at the same branch where my policy was purchased?

    While you can file your claim at the same Tata AIA Life Insurance office branch where your policy was purchased, you can also opt to file the claim at any of our other branches or the one nearest to you.

    How to file a claim with Tata AIA Life Insurance?

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

    • 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

    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

    Can my nominee file a claim from outside India?

    Yes, your nominee can file a claim from outside India if necessary. To file the claim offline, they will need to courier the required documents to their representative in India, who can visit any of our office branches to file the claim. The online claim can be filed by simply uploading the documents online or sending them to us over email.

    Disclaimers

    • The full name of Tata AIA Wealth Maxima is Tata AIA Life Insurance Wealth Maxima - Unit Linked Whole Life Individual Savings Plan (UIN:110L114V04)
    • ^Riders 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.
    • Tata AIA Accidental Death and Dismemberment (Long Scale) (ADDL) Linked Rider - Linked, Individual, Health Insurance Rider (UIN: 110A027V02 or later), Tata AIA Waiver of Premium (Linked) Rider - Linked, Individual, Health Insurance Rider (UIN: 110A026V02 or later), Tata AIA Waiver of Premium Plus (Linked) Rider - A Non-Linked, Non-Participating, Individual Health Insurance, Premium Paying Rider (UIN: 110A025V02 or later), Tata AIA Vitality Protect Plus - A Non-Linked, Non- Participating Individual Health rider (UIN: 110A048V03 or any later version), Tata AIA Vitality Health Plus - A Non-Linked, Non- Participating Individual Health rider (UIN: 110A047V02 or any later version), Tata AIA Life Insurance Linked Comprehensive Health Rider - A Non-Linked, Non- Participating Individual Health rider (UIN: 110A031V03 or any later version), Tata AIA Life Insurance Linked Comprehensive Protection Rider - A Non-Linked, Non- Participating Individual Health rider (UIN: 110A032V03 or any later version) are available under this plan.
    • Vitality is a trademark licensed to Tata AIA Life by Amplify Health Assets PTE. Limited, a joint venture between Vitality Group International, INC. and AIA Company Limited. The assessment under the wellness program shall not be considered as a medical advice or a substitute to a consultation/treatment by a professional medical practitioner.
    • #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.
    • $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. On survival to the end of the policy term, the Total Fund Value including Top-Up Premium Fund Value valued at applicable NAV on the date of Maturity will be paid
    • ~Loyalty Additions will be credited only if Policy is in-force and all due premiums have been paid. For Regular Pay, additional units @ 0.20% of units in each of the funds under Regular Premium Account will be credited (post deduction of applicable charges) to the respective funds every Policy Anniversary starting from eleventh (11th) Policy Anniversary till end of Policy Term. For Single Pay, additional units @ 0.35% of units in each of the funds under the Single Premium Account will be credited (post deduction of applicable charges) to the respective funds every policy anniversary starting from sixth (6th) Policy Anniversary till end of Policy Term. Loyalty Additions are not payable on Top-up Premium Account.
    • 15-year computed NAV for Multi Cap Fund as of Dec’2023. Other funds are also available.
    • 2All funds open for new business which have completed 5 years since inception are rated 4 or 5 star by Morningstar on a 5 year basis as of Nov’ 2023
    • 3©2020 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 the data published on various dates and procured from various sources and (5) shall not be construed as a n 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 traducing decisions, damages or other losses resulting directly or indirectly from the information.
    • 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.
    • 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 total premiums paid.
    • For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
    • Tata AIA Life Insurance Company Limited is only the name of the Insurance Company & Tata AIA Life Insurance Wealth Maxima 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 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 fund is managed by Tata AIA Life Insurance Company Ltd. (hereinafter the “Company”).
    • 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.
    • Please make your own independent decision after consulting your financial or other professional advisor.
    • 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.
    • As per the amendments proposed in the Finance Bill 2021, exemption under section 10(10D)* of the Income Tax Act, 1961 shall not apply to the ULIP policies issued on or after February 1, 2021 if the aggregate annual premium (including riders, top up premium, loading (if any) and GST on riders (if any)) of all ULIP policies payable in the financial year exceeds INR 2,50,000/-. Once policy becomes ineligible, it will remain so till term of policy (except death claim). Click to know more. *Subject to fulfilling terms and conditions of Section 10 (10D).
    • L&C/Advt/2024/Jan/0221
    crossImg

    Looking to buy a new insurance plan?

    Existing customer?

    or

    New user? Our experts are happy to help.

    +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

    Thank you for sharing your details.

    Our representative will contact you soon.