if you’re wondering why retirement planning is the need of the hour, there are a number of reasons! Life does not come to a halt when you retire; in fact, this is a new phase of life with a new set of responsibilities. And during this time, don’t let inflation and your expenses stop you from fulfilling these goals!
Even though your children may be earning well enough to provide for you, why depend on them to fulfil your goals and dreams? Why not experience the joy of having your own financial support system after your retirement?
This Father’s Day, start your retirement planning with a Tata AIA Life Insurance retirement plan. Your golden years are meant to be enjoyed without any financial worries, and so creating a retirement plan can be the best gift you can give yourself on such a special occasion!
Tata AIA Life Insurance
A Non-Linked, Non-Participating, Annuity Plan (UIN:110N161V04)
Get assured income post your retirement with customizable plan features
Assured 4 hours of claim settlement%
98.53% Claim Settlement Ratio^ in FY 2021 - 22
Flexibility to choose the life cover, add ons and payout that's right for you.
Save up to 46,800 in taxes+
Flexibility to choose premium payment mode as per convenience
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Disclaimer
*The word Guaranteed, and Guarantee means the annuity payout is fixed at inception of the policy and will be payable for whole of life or till death of the Annuitants.
**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 in this document. Please consult your own tax consultant to know the tax benefits available to you
%4 Hour claim processing is applicable for Tata AIA Life Insurance working days (Monday to Friday) up to 2 pm and also bank working days subject to submission of completed documents.
^Individual Life Claim Settlement Ratio is 98.53% for FY 2021 - 22 as per the latest annual audited figures.
+Tax benefits of up to ₹46,800 u/s 80C is calculated at highest tax slab rate of 31.20% (including cess excluding surcharge) on life insurance premium paid of ₹1,50,000. Tax benefits under the policy are subject to conditions laid under Section 80C, 80D,10(10D), 115BAC and other applicable provisions of the Income Tax Act,1961. Good and Service tax and Cess, if any will be charged extra as per prevailing rates. The Tax Free income is subject to conditions specified under section 10(10D) and other applicable provisions of the Income Tax Act,1961. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above.
This product is underwritten by Tata AIA Life Insurance Company Ltd. The 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. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
Insurance cover is available under the products.
Please know the associated risks and the applicable charges, from your insurance agent or the Intermediary or policy document issued by the insurance company.
Risk cover commences along with policy commencement for all lives, including minor lives.
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.
In case of non-standard lives and on submission of non-standard age proof, extra premiums will be charged as per our underwriting guidelines.
L&C/Advt/2022/Sep/2181
Tata AIA Life Insurance Company Ltd. (IRDA Regn. No.110 CIN:U66010MH2000PLC128403. Registered & Corporate Office: 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai 400013. Trade logo displayed above belongs to Tata Sons Ltd and AIA Group Ltd. and is used by Tata AIA Life Insurance Company Ltd under a license. For any information including cancellation, claims and complaints, please contact our Insurance Advisor/Intermediary or visit Tata AIA Life’s nearest branch office or call 1-860-266-9966 or write to us at customercare@tataaia.com. Visit us at www.tataaia.com
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
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