Key rider benefits:

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    The coverage offered by this linked individual insurance rider is equal to the Premium Payment Term (PPT) of the base plan.

     

     

     

     

     

     

     

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    The benefits offered by this rider are designed for the proposer of the base plan.

     

     

     

     

     

     

     

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    In case of the death of the proposer, or in case the proposer 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.

     

     

     

     

     

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    The deduction of the charges for the Waiver Of Premium Plus (Linked) Rider will also cease throughout the rest of the Premium Paying Term (PPT) of the base plan or till the proposer attains age of 70, whichever is earlier.

     

     

     

     

     

     

     

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    Premiums paid under this rider are eligible for tax benefits as per applicable tax laws.

     

     

     

     

     

     

     

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    The Tata AIA Life Insurance Waiver of Premium Plus  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 .

     

     

     


     

Disclaimer

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    Riders are not mandatory, and are available for a nominal additional cost. For more details on the benefits, premiums and exclusions under the riders, please refer to the Rider Brochure or contact our Insurance Advisor/Intermediary, or visit our nearest branch office.

     

     

     

     

     

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    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 implications mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.

     

     

     

     

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    This Rider is underwritten by Tata AIA Life Insurance Company Ltd. This Rider is not a guaranteed issuance Rider, and it will be subject to Company’s underwriting and acceptance.

     

     

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    Participation by customers shall be on a voluntary basis.

     

     

     

     

     

     

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    For more details on risk factors, terms and conditions, please read the Sales Brochure carefully before concluding a sale.

     

     

     

     

     

     

  • All Premiums are subject to applicable taxes, cesses & levies, which will entirely be borne by the Policyholder, and will always be paid by the Policyholder along with the payment of Premium. If any imposition (tax or otherwise) is levied by any statutory or administrative body under the Policy, Tata AIA Life Insurance Company Limited reserves the right to claim the same from the Policyholder. Alternatively, Tata AIA Life Insurance Company Limited has the right to deduct the amount from the benefits payable by us under the Policy.

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    For disclaimers related to Unit-Linked Products, kindly refer to the unit-linked product page.