Key Rider Benefits

  • The coverage offered by this linked individual insurance rider is equal to the Premium Payment Term (PPT) of the base plan.
  • The benefits offered by this rider are designed for the life assured as mentioned in the base plan.
  • In case the insured person suffers from total and permanent disability due to an accident or any sickness, and, as a result, is unable to pay the premiums on time, then all future premiums for the base plan will be waived off.
  • The deduction of the charges for the Waiver Of Premium (Linked) Rider will also cease throughout the rest of the Premium Paying Term (PPT) of the base plan or till the insured person attains age of 65, whichever is earlier.
  • Premiums paid under this rider are eligible for tax benefits.
  • The Tata AIA Life Insurance Waiver of Premium Rider is available with Tata AIA Life Insurance Fortune Pro Plan, Tata AIA Life Insurance Wealth Pro Plan, Tata AIA Life Insurance Wealth Maxima Plan and Tata AIA Life Insurance Fortune Maxima Plan.