Secure Insurance Solution - Financial Security & Aids in Wealth Creation | Tata AIA Life Insurance

Secure Insurance Solution - Financial Security & Aids in Wealth Creation | Tata AIA Life Insurance

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

Insure your investment. Ensure your protection.

Capital protection to ensure your returns are always protected

Flexibility to choose funds of your choice from our top-rated funds

Get life insurance cover to safeguard your family

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.

Have Questions? Speak to our expert.

A combo-solution is a collection of multiple life insurance policies bundled into a single package. It helps to meet your financial requirements you may have during your lifetime. Combo solutions combines multiple life insurance plans into a single plan and offers numerous policy benefits which makes it simple to manage and spares you the trouble of dealing with multiple policies.

Secure Insurance Solution protects your investment and maximizes your returns by managing your funds wisely, ensuring your profits are secure even during market fluctuations.

In case of any unfortunate event your family’s financial future is secured with our plan.

You get to choose from our top-rated funds based on your needs and risk and financial needs. Based on your risk appetite, you have the flexibility to switch between funds according to your preferences.

If you experience a financial emergency and need access to funds, you can request a partial withdrawal ^ from your investment after a specific waiting period.

You can get income tax benefits as per applicable income tax # laws.

You get to choose from a range of fund options as per your risk appetite and investment goals. Our funds have been rated 4 or 5 stars $ by Morningstar % .

Solutions Combination

Tata AIA Life Insurance Smart Income Plus and Tata AIA Life Insurance Fortune Pro or Tata AIA Life Insurance Wealth Pro

Tata AIA Life Insurance Smart Income Plus and Tata AIA Life Insurance Fortune Maxima or Tata AIA Life Insurance Wealth Maxima

Premium Payment Term (PPT) & Policy Term (PT)

₹1,00,000 for 10 Pay and ₹1,50,000 for 7 Pay

*Age as on last birthday | PPT – Premium Payment Term | PT – Policy Term

How does the Secure Insurance Solution work?

Buying the Secure Insurance Solution is an easy process that can be completed in four simple steps:

Choose a suitable option in Secure Insurance Solution as per your choice of premium payment term and policy term. Gauge your family’s needs, your savings and investment goals and calculate the life cover needed for everyone’s complete security ~ .

Take Benefit from the growth of your investments in the equity market and enjoy capital protection as you build a financial corpus for your future.

Leverage the market upside and secure your wealth with Capital Guarantee.

At the end of the selected policy term, avail of the maturity benefits of the plan and make the most of the liquidity ^ available on your investment.

Step 1] Choose Plan Option

Choose between two plan options.

Option 1 - Regular Income: With this plan, you will receive a fixed amount of money every year for a certain number of year and a lumpsum benefit at maturity.

Option 2 - Endowment: With this plan, you will receive a lumpsum payments at the end of the specified period of the individual plans.

Step 2] Choose plan combination.

Option 1 – Tata AIA Life Insurance Smart Income Plus and Tata AIA Life Insurance Fortune Pro/Tata AIA Life Insurance Wealth Pro

Option 2 – Tata AIA Life Insurance Smart Income Plus and Tata AIA Life Insurance Fortune Maxima/Tata AIA Life Insurance Wealth Maxima

Step 3] Select the Premium Payment Term and Policy Term

The Secure Insurance Solutions offers two options under the limited premium payment option:

If you choose Tata AIA Life Insurance Smart Income Plus and Tata AIA Life Insurance Fortune Pro/Tata AIA Life Insurance Wealth Pro, you can choose to pay premiums for 7 years and enjoy the benefits of the policy for 15 years, or you can opt for 10 years of premium payment and enjoy policy coverage for 21 years.

If you choose Tata AIA Life Insurance Smart Income Plus and Tata AIA Life Insurance Fortune Maxima/Tata AIA Life Insurance Wealth Maxima, you can choose to pay premiums for 7 years or 10 years and enjoy the benefits of the policy for 100 years, subject to the issue age.

Step 4] Select the Premium Amount

You can choose a minimum premium amount for ₹1,00,000 for 10 years limited pay or ₹1,50,000 for 7 years limited pay. Apart from that, the premium amount chosen should be aligned with one’s insurance and savings/investment need and objectives.

Our experts are happy to help you!

What is the Secure Insurance Solution?

Secure Insurance Solution is a combination insurance plan by Tata AIA Life Insurance that helps you realise your savings and investment goals while being protected by a life insurance cover.

How is the plan different from other insurance plans?

Where other insurance plans target specific requirements of individuals, Secure Insurance Solution is a more comprehensive product that provides complete financial security ~ and aids in wealth creation.

Is this plan better than having a term insurance plan?

Each plan or solution serves a specific function. A term insurance plan offers comprehensive life cover protection and is popular for its affordable premiums. The Secure Insurance Solution serves as an insurance and saving cum insurance plan. So, one cannot compare the two.

When should I buy the Secure Insurance Solution?

You should buy Secure Insurance Solution early on in life to start your investments and give them enough time to grow. Since the solution also offers a life cover, getting it early on will enable you to protect yourself and your family against unforeseen events and emergencies.

What are the plan options under Secure Insurance Solution?

Secure Insurance Solution offers a regular income option and an endowment benefit that you can choose from, depending on how you want to receive your maturity benefit.

What are the benefits offered by Secure Insurance Solution?

The plan offers maturity benefits as well as death benefits to the policyholder’s beneficiaries. Apart from that, the plan also functions as an effective market investment tool that allows the investor to maximise their returns with a capital guarantee. Therefore, at maturity, not only can one avail of the guaranteed maturity benefits but also their investment returns.

Can Secure Insurance Solution replace my current ULIP policy?

While a Unit-Linked Insurance Plan is good for investments, Secure Insurance Solution also offers capital protection on the investments which helps the investor protect their investment corpus. The solution also enables long-term savings during the policy term, which is a feature that ULIP does not offer. If you are replacing your ULIP with Secure Insurance Solutions, be sure that you make an informed decision.

Does the plan offer any tax benefits?

Yes, the plan offers tax # benefits as per the prevailing tax laws, subject to the terms and conditions of the policy.

What are the premium payment options for this plan?

The Secure Insurance Solution lets you benefit from the limited pay option where, as per the plan selected, you pay only for a limited number of years but enjoy policy coverage for the entire term.

Can I choose between two plan options for Secure Insurance Solution?

Yes, you can choose either an endowment benefit or a regular income option at the inception of the plan. This will enable you to receive the Guaranteed maturity benefits either as a lump sum or as a regular income.

How do I file a claim online?

You can file a claim on the Tata AIA Life Insurance website by visiting our homepage, select “Where Do I” on top of the page and click on “Register Claims”. Then you can simply provide us with your policy number, claim details such as the policyholder’s name, the insured’s name, the date of the event and the type of claim. Next, you will have to update the name and the contact details of the claimant and submit the claim online.

What are the eligibility criteria for receiving claim benefits?

Depending on the type of plan you have selected and the type of coverage it offers, you can file a claim for death, disability, hospitalisation, reimbursement and so on. As long as the information provided is correct and the claim is valid, it will be verified and settled in accordance with the terms and conditions of the policy.

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