Non Linked, Non Participating, Individual

Life Insurance Savings Plan

Tata AIA Life Insurance Company Limited (IRDAI 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
(local charges apply) or write to us at [email protected].
Visit us at: www.tataaia.com.
Unique Reference Number: L&C/Advt/2022/Feb/0373 • UIN: 110N120V09
Tata AIA Life Insurance Fortune Guarantee • Single Pay
Premium Payment Term • Limited Pay: 5 to 20 years
Non Linked Non Participating Individual Life Insurance
• Regular Pay: 10 to 20 years
Savings Plan
Single/Annual / Semi-annual / Quarterly /
At every stage of your life you have a milestone to achieve. Premium Mode
Monthly
Along with this you also carry the burden of any uncertainty Premium Payment Basic Sum
happening & work towards being prepared to face the same. Term Assured
Life Insurance is the best way to protect your family from
Single Pay (SA-I) 10 times Single
financial crisis in case of an unfortunate event and help you to Premium
fulfill your dreams.
Single Pay (SA-II) DBM* times Single
We present, Tata AIA Life Insurance Fortune Guarantee that Premium
provides life insurance cover throughout the policy term for the Limited Pay 10 times
financial security of your family and a Guaranteed lump sum Annualised
benefit on maturity to fulfill your future goals. You can also Premium
enhance your protection cover with a wide range of riders. Regular Pay 10 times
Annualised
Key Features Basic Sum Assured Premium
• Guaranteed# lump sum benefit on Maturity *DBM indicates Death Benefit Multiple
which is age at entry dependent.
• Life cover to protect your loved ones
“Annualized Premium” shall be the
• Flexible policy term & premium paying term premium amount payable in a year under
Limited/Regular Pay chosen by the policy
• Higher benefits for female lives holder, excluding the taxes, rider
premiums underwriting extra premiums
• Option to enhance protection through riders and loading for modal premiums, if any.
“Single Premium” shall be the premium
#
Provided the policy is in force and all due premiums have been paid, on amount payable under Single Pay
maturity. Maturity benefit depends on the entry age, gender, policy term, chosen by the policy holder, excluding
premium payment term and premium band the taxes, rider premiums and
underwriting extra premiums, if any
Eligibility Criteria For Single Premium (SA-II): R 5,000
Minimum Annualised/
Plan Parameters Single Premium Other PPT options: - R 24,000
18 years less Policy Term or 0 years (30 Maximum Annualised/ No Limit, Subject to Underwriting
Minimum Issue Age
days), whichever is higher Single Premium
Premium Payment Age *All references to age is as on last birthday.
Term
POS Plan Parameters
Single Pay (SA-I) 50
Minimum Issue Age 18 years less Policy Term or 0 years (30
Maximum Issue Age Single Pay (SA-II) 70
days), whichever is higher
Limited Pay / (80 less Policy
Regular Pay Term) or 65, Premium Payment Age
whichever is lower Term
Single Pay (SA-I) 50
Premium Payment Age
Term Maximum Issue Age Single Pay (SA-II) 60
Single Pay (SA-I) 70 years Limited Pay / (65 less Policy
Max Maturity Age Regular Pay Term) or 55,
Single Pay (SA-II) 80 years
whichever is lower
Regular/Limited Pay 80 years
Premium Payment Age
Premium Payment Policy Term Term
Term
Max Maturity Age Single Pay (SA-I) 65 years
Policy Term Single Pay (SA-I) 5 to 20 years
Single Pay (SA-II) 65 years
Single Pay (SA-II) 5 to 20 years
Regular/Limited Pay 65 years
5 to 10 years 10 to 40 years
11 to 20 years PPT to 40 years
 Premium Payment Policy Term Semi-Annual Premium Rate : Multiply Annual Premium Rate
Term by 0.51 (i.e. loading of 2%).
Policy Term Single Pay (SA-I) 5 to 20 years Quarterly Premium Rate : Multiply Annual Premium Rate
Single Pay (SA-II) 5 to 20 years by 0.26 (i.e. loading of 4%).
5 to 10 years 10 to 20 years Monthly Premium Rate : Multiply Annual Premium Rate
11 to 20 years PPT to 20 years by 0.0883 (i.e. loading of 6%).
• Single Pay
Premium Payment Term • Limited Pay: 5 to 20 years Increase / Decrease in Basic Sum Assured is not allowed.
• Regular Pay: 10 to 20 years
How does Tata AIA Life Insurance Fortune
Single/Annual / Semi-annual / Quarterly /
Premium Mode Guarantee work?
Monthly
On Maturity#, Maturity benefit factor
Subject to a maximum Sum Assured on
times total premiums paid is payable
Death of r 25 Lakhs
Premium Payment Basic Sum
Term Assured
Single Pay (SA-I) 10 times Single
Premium
Single Pay (SA-II) DBM* times Single Premium Payment Term
Premium 0 1 2 3 4 5 6 7 8 9 10
Limited Pay 10 times
Annualised
Premium Policy Term (Years)
Regular Pay 10 times #
Maturity benefit factor varies with the entry age, gender, policy term,
Annualised premium paying term and premium band. For more details refer ‘What are
Basic Sum Assured Premium your benefits?’ section.
*DBM indicates Death Benefit Multiple What are your Benefits?
which is age at entry dependent.
You are eligible for the following benefits under this product:
“Annualized Premium” shall be the
premium amount payable in a year under Maturity Benefit
Limited/Regular premium chosen by the Maturity Sum Assured will be paid on maturity. The “Maturity
policy holder, excluding the taxes, rider Sum Assured” is equal to maturity benefit factor multiplied by
premiums underwriting extra premiums Total Premiums Paid, where maturity benefit factor varies as
and loading for modal premiums, if any. per the policy term, premium paying term, gender,
“Single Premium” shall be the premium annualised/Single premium band & entry age. for
amount payable under Single Pay Limited/Regular Pay/Single Pay SA-I and varies as per policy
chosen by the policy holder, excluding term and Single premium band for Single Pay SA-II.
the taxes, rider premiums and
underwriting extra premiums, if any Please refer Company’s website www.tataaia.com for more
details on Maturity Benefit factors.
Minimum Annualised/ For Single Premium (SA-II): R 5,000
Single Premium Other PPT options: - R 24,000 Death Benefit
Maximum Annualised/ Subject to a maximum Sum Assured on In case of unfortunate event of the death of the insured; during
Single Premium Death of R 25 lakhs the term of the policy, Sum Assured on death as defined below
*All references to age is as on last birthday. shall be payable.
You may choose to pay your premiums in Single, Annual, “Sum Assured on death” shall be the highest of the following:
Semi-annual, Quarterly or Monthly mode as per your • Basic Sum Assured
convenience.
• 105% of the Total Premiums Paid up to the date of death
Modal loading is as follows: • Maturity Sum Assured
Single Premium Rate : Multiply Single Premium Rate Where, “Basic Sum Assured” is 10 times of the Annualised
by 1 (i.e. No loading) Premium for Limited/Regular Pay.
Annual Premium Rate : Multiply Annual Premium Rate Basic Sum Assured in case of Single Pay is DBM times the
by 1 (i.e. No loading). Single Premium. The DBM varies by age at entry as below,

3 4
depending on SA-I or SA-II taken at time of purchase of the 2. Tata AIA Life Insurance Waiver of Premium Plus (WOPP) Rider
product: (UIN:110B029V02)
a. SA-I: 10.00 3. Tata AIA Life Insurance Non-Linked Comprehensive
b. SA-II: varying by age at entry as below Protection Rider (UIN:110B033V02 or any other later version)
4. Tata AIA Life Insurance Non-Linked Comprehensive Health
Age DBM Age DBM Age DBM Age DBM
Rider (UIN: 110B031V02 or any other later version)
0 1.50 18 1.45 36 1.38 54 1.31
37 1.38 55 1.31 Tata AIA Life Insurance Accidental Death and Dismemberment
1 1.50 19 1.45
(Long Scale) (ADDL) Rider (UIN: 110B028V03)
2 1.50 20 1.44 38 1.37 56 1.30
This rider ensures protection of your family by paying your
3 1.50 21 1.44 39 1.37 57 1.30
nominee an amount equal to the rider sum assured in case of
4 1.50 22 1.44 40 1.37 58 1.30 an accidental death. In case of severe dismemberment like loss
5 1.50 23 1.43 41 1.36 59 1.29 of limbs or bodily functions or severe burns due to an accident,
6 1.50 24 1.43 42 1.36 60 1.29 it will pay a percentage of the rider sum assured as per the
7 1.49 25 1.42 43 1.35 61 1.29 ADDL benefit chart. The benefits will be doubled in case of
8 1.49 26 1.42 44 1.35 62 1.28 certain accidental death or dismemberments. This rider can be
attached only at Policy inception.
9 1.49 27 1.42 45 1.35 63 1.28
10 1.48 28 1.41 46 1.34 64 1.27 Tata AIA Life Insurance Waiver of Premium Plus (WOPP)
Rider (UIN: 110B029V02)
11 1.48 29 1.41 47 1.34 65 1.27
12 1.47 30 1.40 48 1.34 66 1.27 This rider provides for the waiver of all future premiums of the
basic policy which fall due in case of death or while the
13 1.47 31 1.40 49 1.33 67 1.26
proposer is totally and permanently disabled (provided that the
14 1.47 32 1.40 50 1.33 68 1.26 death occurs /disability commences before the proposer
15 1.46 33 1.39 51 1.32 69 1.25 reaches 70 years or the end of premium payment term of the
16 1.46 34 1.39 52 1.32 70 1.25 basic plan, whichever is earlier). This rider can be attached only
17 1.45 35 1.39 53 1.32 at Policy inception.
The above table is for Male Lives. A 3 year age set back to Tata AIA Life Insurance Non-Linked Comprehensive
male DBM factor will be applicable for female lives. For Protection Rider (UIN:110B033V02 or any other later version)
example, for a female aged 35 years, the DBM will be 1.40,
i.e. of a 32 years old Male. This rider provides coverage for various unforeseen events,
such as death, disability due to accident, a wide range of
“Annualized Premium” shall be the premium amount payable
in a year under Limited/Regular Pay chosen by the policy critical illnesses, or terminal illness. It allows flexibility to receive
holder, excluding the taxes, rider premiums underwriting extra benefi¬t as combination of lump sum or income for fixed
premiums and loading for modal premiums, if any. period, Income till survival of partner or Waiver of Premium.
“Single Premium” shall be the premium amount payable This rider can be opted either while taking the policy, or at the
under Single Pay chosen by the policy holder, excluding the time of any policy anniversary.
taxes, rider premiums and underwriting extra premiums, if any. Tata AIA Life Insurance Non-Linked Comprehensive Health
“Total Premiums Paid" means total of all the premiums Rider (UIN: 110B031V02 or any other later version)
received excluding any extra premiums, any rider premiums The rider covers various unforeseen events and illnesses,
and taxes.
including disability, hospitalization, and critical illnesses such as
“Maturity Sum Assured” refers to the absolute amount of cancer and cardiac arrests. It also provides coverage against
benefit which is guaranteed to become payable on maturity of both major illnesses, and minor injuries or illnesses, while
the policy.
allowing multiple claim payouts. Rider can be opted either
Additional Benefits: while taking the policy, or at the time of any policy anniversary.
Flexibility of Additional Coverage1 There is no overlap in benefit offered under different riders and
You have further flexibility to customize your product by adding rider benefits shall be payable separately in addition to base
the following optional riders. The riders can be attached only at plan benefits. In case the product is purchased under PoS,
the policy inception. then no rider can be attached.
1
Riders are not mandatory and are available for a nominal extra cost. For
The Policyholders have an option to choose the following riders:
more details on the benefits, premiums and exclusions under these riders
1. Tata AIA Life Insurance Accidental Death and please refer to the Rider Brochure or contact our Insurance Advisor/
Dismemberment (Long Scale) (ADDL) Rider Intermediary or visit our nearest branch office.
(UIN:110B028V03)
5 6
Benefit Illustration for payment of each subsequent premium. The Policy will
remain in force during this period. If any premium remains
Following are the benefits payable at the given ages for Policy
unpaid at the end of its Grace Period, the Policy shall lapse and
term 15 years and Premium Payment Term of 5 years for a
have no further value except as may be provided under the
healthy life and for standard age proof:-
Non-Forfeiture Provisions. If any death claim occurs during the
All amount in Rupees grace period, any due premium (without interest) of the policy
Age of the Annual Basic Sum Maturity for the policy year, in which the event has occurred will be
Life Insured Premium^ Assured Benefit# deducted from the death claim pay out.
(years) Non-forfeiture Provisions
R 100,000 R 10,00,000 R 9,82,350
35 For Regular/Limited Pay:
R 500,000 R 50,00,000 R 49,67,000
If the full premiums for the first two policy years are not paid
R 10,00,000 R 1,00,00,000 R 1,00,48,500
within the grace period, the policy shall lapse from the due date
^
Premiums are excluding applicable taxes, cesses and levies. All Premiums of first unpaid premium and no benefits will be payable.
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 The policy will be converted into a Reduced Paid-up policy by
payment of Premium. If any imposition (tax or otherwise) is levied by any default, provided full premiums for the first two policy years are
statutory or administrative body under the Policy, Tata AIA Life Insurance paid and if the subsequent premiums remain unpaid.
Company Limited reserves the right to claim the same from the Policyholder. Reduced Paid-up policy is a default non-forfeiture benefit, In
Alternatively, Tata AIA Life Insurance Company Limited has the right to
case of Reduced Paid up policies, the benefits payable will be
deduct the amount from the benefits payable by Us under the Policy. Kindly
refer the benefit illustration for the exact premium.
as below:
In case of unfortunate death of the insured, Death Benefit as On death of the life insured during the policy term; the benefit
defined under ‘What are your Benefits’ will be payable. payable shall be highest of the following:
#
Provided the policy is in force, all due premiums have been paid and Insured • Basic Sum Assured x (No of premiums paid)/ (No of
survives till maturity. premiums payable, during the entire policy term)
Other plan features/ Terms and Conditions • Maturity Sum Assured
This total amount will be subject to a minimum of 105% of Total
Surrender
Premiums Paid, up to the date of death.
Single Pay: A Single Pay policy acquires Surrender value
Maturity benefit in case of reduced paid up policies: Maturity
immediately on payment of Single Premium and hence can be
Sum Assured
surrendered any time during the term of the policy.
However, from the due date of First Unpaid Premium, but not
Limited/Regular Pay: The policy can be surrendered any time
later than 5 years from the due date of First Unpaid Premium;
during the term of the policy, provided at least two full year’s
the policy can be revived by payment of full arrears of
premiums have been paid. The surrender value payable is
premiums together with interest.
higher of the Guaranteed Surrender Value (GSV) or Special
Surrender Value (SSV). Revival
GSV will be Total premium paid x GSV factor** If a premium is in default beyond the Grace Period and subject
“Total Premiums Paid" means total of all the premiums to the Policy not having been surrendered, you may
received, excluding any extra premiums, any rider premium reinstate/revive the same within five (5) years after the due date
and taxes. of the first unpaid premium and before the date of maturity
subject to underwriting & reinstatement rules of the company.
The Special Surrender Value (SSV) will be calculated However, the Company would require: a) A written application
as follows: from you for reinstatement/revival; b) Current health certificate
For Limited/Regular Pay & Single Pay: of insured and other evidence of insurability satisfactory to the
Special Surrender Value Factor** x Maturity Sum Assured. Company; c) Payment of all overdue premiums with interest; d)
Repayment or reinstatement of any Indebtedness outstanding
Company has the right to review the basis for calculating the at the due date of the premium at default plus interest. The
SSV factors from time to time based on the experience and will applicable interest rate for revival is verified & updated on our
be subject to prior approval of IRDA of India. company's systems every six months (on 1st April & 1st Oct
**For Guaranteed Surrender Value Factors and Special Surrender Value every year) as per the given formula. The interest rate
Factors, please refer to the policy contract. applicable will be determined using the SBI domestic Term
Deposit rate for ‘1 year to less than 2 Years’, plus 2%. Any
Grace Period
alteration in the formula will be subject to prior approval of
A Grace Period of fifteen (15) days for monthly mode and thirty IRDAI. The simple interest rate applicable as on, 1st Oct 2021
(30) days for all other modes, from the due date will be allowed

7 8
is 7% p.a. [i.e. SBI interest rate of 5% (which rate may be revival of the policy, as applicable, the nominee or beneficiary of
revised from time to time) + 2%]. the policyholder shall be entitled to at least 80% of the total
Any evidence of insurability requested at the time of premiums paid till the date of death or the surrender value
reinstatement/revival will be based on the prevailing available as on the date of death whichever is higher, provided
underwriting guidelines duly approved by the Board. The the policy is in force.
reinstatement/revival will be based on the Board approved • Waiting Period
underwriting policy.
For POS:
Free Look Period
If death of the life insured occurs during the first 90 days from the
If You are not satisfied with the terms & conditions/ features of Date of commencement of risk, we shall refund Total Premiums
the Policy, You have the right to cancel the Policy by providing Paid and the policy will terminate with immediate effect.
written notice to the Company and receive a refund of all
Waiting period of 90 days is not applicable for death due to
premiums paid without interest after deducting a)
accident provided all due premiums have been paid. Death
Proportionate risk premium for the period on cover and b)
benefit and other benefits will continue to be payable as normal
Stamp duty and medical examination costs (including Goods
in case of such accidental death.
and Service tax) which have been incurred for issuing the
Policy. Such notice must be signed by You and received For NON-POS:
directly by the Company within 15 days after You receive the Not applicable
policy document. The said period of 15 days shall stand
extended to 30 days if the Policy is sourced through Distance Tax Benefits
Marketing mode. Income Tax benefits would be available as per the prevailing
Distance Marketing includes every activity of solicitation income tax laws, subject to fulfillment of conditions stipulated
(including lead generation) and sale of insurance products therein. Tata AIA Life Insurance Company Ltd. does not assume
through voice mode, SMS electronic mode, physical mode responsibility on tax implication mentioned anywhere in this
(like postal mail) or any other means of communication other document. Please consult your own tax consultant to know the
than in person. tax benefits available to you.
Policy Loan Assignment
Policy Loan is available in Tata AIA Life Insurance Fortune Assignment allowed as per Section 38 of the Insurance Act
Guarantee provided that the policy acquires Surrender Value, 1938 as amended from time to time.
you may apply for a policy loan for such an amount within the
extent of 65% of Surrender Value. Nomination
Daily interest shall accrue on policy loan at a rate which the Nomination allowed as per provisions of Section 39 of the
company shall determine. Interest shall be payable on each Insurance Act 1938 as amended from time to time.
policy anniversary after the loan date and until the loan is
repaid. Any unpaid interest shall be added to the principal loan (Prohibition of Rebates) Section 41 - of the Insurance Act,
and bear interest at the same rate. At any time while the policy 1938 and amended from time to time.
is in force, policyholder may repay the principal and accrued 1. No person shall allow or offer to allow, either directly or
interest, on any part of the loan. indirectly, as an inducement to any person to take out or
When the loan with accrued interest exceeds the Surrender renew or continue an insurance in respect of any kind of risk
Value, the policy will become void. The condition mentioned in relating to lives or property in India, any rebate of the whole
the previous sentence is not applicable for premium paying or part of the commission payable or any rebate of the
policies. premium shown on the policy, nor shall any person taking
Interest rate applicable to policy loan will be equal to the out or renewing or continuing a policy accept any rebate,
prevailing SBI (State Bank of India) deposit interest rate for except such rebate as may be allowed in accordance with
tenure ‘1 year to less than 2 years’ + 2% This formula will be the published prospectuses or tables of the Insurer.
reviewed annually and only altered subject to prior approval of 2. Any person making default in complying with the
IRDA of India. The interest rate on loans are verified & updated provisions of this section shall be liable for a penalty which
on our company's systems every six months (on 1st April & 1st may extend to ten lakh rupees.
Oct every year) as per the given formula. The current interest
rate for Loan as on 1st October 2021 is 7% p.a. (i.e. SBI Fraud, Misstatement or Suppression
interest rate of 5% + 2%) compounding annually. Any fraud, misstatement or suppression of a material fact
Exclusion under the policy shall be dealt with in accordance with the
provisions of Section 45 of the Insurance Act 1938, as
• Suicide
amended from time to time.
In case of death due to suicide within 12 months from the date
of commencement of risk under the policy or from the date of
About Tata AIA Life
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a
joint venture company, formed by Tata Sons Ltd. and AIA
Group Ltd (AIA). Tata AIA Life combines Tata’s pre-eminent
leadership position in India and AIA’s presence as the largest,
independent listed pan-Asia life insurance group in the world
spanning 18 markets in Asia Pacific. Tata Sons holds a majority
stake (51 per cent) in the company and AIA holds 49 per cent
through an AIA International Limited. Tata AIA Life Insurance
Company Limited was licensed to operate in India on February
12, 2001 and started operations on April 1, 2001.
DISCLAIMER:
• The brochure is not a contract of insurance. The precise terms
and conditions of this plan are specified in the policy contract
available on Tata AIA Life website.
• 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 premium paid.
• This product brochure should be read along with Benefit
Illustration.
• This product is underwritten by Tata AIA Life Insurance Company
Ltd. 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.
• Riders are not mandatory and are available for a nominal extra
cost. For more details on benefits, premiums and exclusions
under the Rider(s), please contact Tata AIA Life's Insurance
Advisor/ Intermediary/ Branch.
• In case of non-standard lives and on submission of non-standard
age proof, extra premiums will be charged as per our underwriting
guidelines.
• Risk cover commences along with policy commencement for all
lives, including minor lives.

BEWARE OF SPURIOUS IRDAI is not involved in activities like selling

PHONE CALLS insurance policies, announcing bonus or
AND FICTIOUS / investment of premiums. Public receiving
FRAUDULENT OFFERS such phone calls are requested to lodge a
police complaint