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Tata AIA Guaranteed Investment Plans

Tata AIA Investment Plans

Tata AIA investment plans are the insurance plans that allow the policyholder to save money over the policy term while also receiving protection. These investment plans are ideal in case you are looking to grow capital over time to achieve short- or long-term financial goals. This simply means that by choosing these investment plans you may give your family ultimate protection along with saving the funds that you will need to achieve your goals at each stage of your life. 

Tata AIA Life Insurance offers various investment plan options. Let’s have a look at them one by one!

Types Of Investment Plans Offered By Tata AIA

Tata AIA provides the following investment plans to its customers:

1. Tata AIA Fortune Guarantee Plus

Fortune Guarantee Plus from Tata AIA Life Insurance is a savings plan that helps you prepare for life’s unexpected events by providing a guaranteed recurring income. This plan combines the benefits of life insurance with the ability to save money based on your financial needs.

Key Features:

  • You have two options to choose from under the plan: regular income and regular income with in-built critical illness benefits.
  • At the end of the income period, you will get the return of premium.
  • You can also choose the income period from 20 to 45 years.
  • This is an individual life insurance policy with an optional critical illness rider that covers 40 critical illnesses.

Eligibility Criteria:

Entry Age

For POS

  • Option 1: 1 Year To 60 Years
  • Option 2: 0 To 60 Years

Other Than POS

  • Option 1: 1 Year To 60 Years
  • Option 2: 18 To 60 Years
Age At Maturity

For POS

  • Option 1: NA
  • Option 2: NA

Other Than POS

  • Option 1: 18 To 77 Years
  • Option 2: 23 To 70 Years
Premium Payment Term

Option 1: 1 Year To 12 Years

Option 2: 5 & 10 Years

Policy Term

Option 1: 5 To 17 Years

Option 2: Same As PPT

2. Tata AIA Guaranteed Insurance Plan

Tata AIA Life Insurance Guaranteed Return Insurance Plan is a savings plan that helps you to save up enough money to fulfill significant life milestones and realize your aspirations. This plan provides you with life insurance coverage as well as a savings component to help you achieve your life objectives.

Key Features:

  • ‘Endowment’, ‘Regular Income’, and ‘Whole Life Income’ are the three options available under the plan.
  • You have the freedom to prepare for your future goals while receiving assured profits.
  • You can add any of the additional riders to your package to boost the level of protection.
  • The plan allows you to pay premiums for single or limited periods of time.

Eligibility Criteria:

Entry Age

POS: 0 To 60 Years, Non-POS: 0 To 65 Years

Age At Maturity

POS: 18 To 65 Years, Non-POS: 18 To 85 Years

Premium Payment Term

Option 1: 5 To 12 Years

Option 2: 5 To 12 Years

Option 3: 5 & 10 Years

Policy Term

Minimum: 5 To 17 Years

Maximum: 20 (For POS), 40 (For Non-POS)

Basic Sum AssuredDeath Benefit Multiple x Annualised Premium

3. Tata AIA Guaranteed Monthly Income Plan

Tata AIA Life Guaranteed Monthly Income Plan provides financial security for your family as well as a monthly income that matches future needs, allowing you to plan in the direction of your future requirements and the safety of your loved ones. You may not only take care of your family’s needs at every stage of life with the Tata AIA Life Insurance Guaranteed Monthly Income Plan, but you can also rely on a stream of guaranteed income to cover your future demands.

Key Features:

  • The plan provides monthly income ranging from 8.35 percent to 13.03 percent of total premiums paid per year.
  • You can raise your monthly income by using the large premium boost feature of the plan.
  • Your premiums can be paid annually, half-yearly, quarterly, or monthly.
  • You have the freedom to prepare for your future goals while receiving assured profits from the plan.

Eligibility Criteria:

Policy Term5, 8, & 12 Years
Entry Age

For 5 Years: 13 To 60 Years

For 8 Years: 10 To 60 Years

For 12 Years: 6 To 55 Years

Age At Maturity

For 5 Years: 65 Years

For 8 Years: 68 Years

For 12 Years: 67 Years

Premium Payment Term5, 8, & 12 Years
Basic Sum Assured11 X Annualised Premium

4. Tata AIA Diamond Savings Plan

With Tata AIA Life Insurance’s Diamond Savings Plan, you can safeguard your family’s dreams and goals. The plan has a life insurance component as well as a disciplined savings component to help you accomplish your goals.

Key Features:

  • According to the current tax laws, you can take advantage of tax benefits under the plan.
  • You can take out a loan against your Diamonds Savings policy.
  • Your premiums can be paid annually, semi-annually, quarterly, or monthly under the plan.
  • After the premium payment term, the plan guarantees income.

Eligibility Criteria:

Policy Term15, 18, 20, & 25 Years
Premium Payment Term
  • For A 15-Year Policy: 5-Year OR 6-Year Premium Payment Term
  • For A 20-Year Policy: 5-Year PPT
  • For An 18-Year Policy: 8-Year PPT
  • For A 25-Year Policy: 12-Year PPT
Entry Age
  • For A 15-Year Policy With 5-Year PPT: 3 To 55 Years
  • For A 15-Year Policy With 6-Year PPT: 3 To 55 Year
  • For A 20-Year Policy With 5-Year PPT: 0 To 55 Years
  • For An 18-Year Policy With 8-Year PPT: 0 To 60 Year
  • For A 25-Year Policy With 12-Year PPT: 0 To 60 Years
Basic Sum Assured11 X Annualized Premium

5. Tata AIA Gold Income Plan

Tata AIA Life Insurance Gold Income Plan is a limited pay income plan that fulfills tomorrow’s needs while also preserving your loved ones and dreams by guaranteeing returns on your investment. This plan not only provides a guaranteed lump sum payout on maturity but also provides a guaranteed flow of income over the course of the income term, which grows each year.

Key Features:

  • You get a guaranteed lump sum payout at maturity, as well as a monthly income starting at 12% of the base sum assured under the plan.
  • During the income period, the plan increases the income, which increases, even more, when a higher premium is paid.
  • For 10 or 15 years, the plan guarantees income starting at the end of the year following maturity.
  • You can also choose optional riders in order to have additional protection.

Eligibility Criteria:

Policy Term12 & 15 Years
Premium Payment Term
  • For A Policy Term Of 12 Years: 5 Years PPT
  • For A Policy Term Of 15 Years: 12 Years PPT
Entry Age
  • For PPT Of 5 Years: 6 To 65 Years
  • For PPT Of 12 Years: 3 To 55 Years
Age At Maturity
  • For PPT Of 5 Years: 18 To 77 Years
  • For PPT Of 12 Years: 18 To 70 Years
Basic Sum AssuredAnnualized Premium x Basic Sum Assured Multiple

6. Tata AIA Smart Income Plus

Tata AIA’s Smart Income Plus is a limited-pay income plan that fulfills tomorrow’s needs while also preserving your loved ones and dreams by guaranteeing returns on your investment. This plan can assist you in achieving medium to long-term objectives such as child education, marriage, business start-up, and retirement planning.

Key Features

  • Under the ‘Regular Income’ option, the plan guarantees payouts ranging from 120 percent to 160 percent of the Annualised Premium.
  • The plan provides flexibility to choose policy terms and premium payment terms.
  • Policyholders who are women receive a larger benefit.
  • If you pay for 7/10/12 years, you can get guaranteed life cover for 15/21/25 years.

Eligibility Criteria:

Policy Term15, 21, & 25 Years
Premium Payment Term

For A Policy Term Of 15 Years: 7 Years

For A Policy Term Of 21 Years: 10 Years

For A Policy Term Of 25 Years: 12 Years

Entry Age

For PPT Of 7 Years: 3 To 50 Years

For PPT Of 10 & 12 Years: 0 To 50 Years

Age At Maturity

For A Policy Term Of 5 years: 18 To 65 Years

For A Policy Term Of 8 Years: 18 To 68 Years

For A Policy Term Of 12 Years: 18 To 67 Years

Basic Sum Assured11 X Annualised Premium

7. Tata AIA Money Back Plus

Tata AIA Life Insurance Money Back Plus is a savings plan that fulfills your requirements for assured cash inflow at regular intervals, as well as the protection of a life cover, to meet your future goals. With this plan, you may develop a solid savings foundation while still providing enough financial safety.

Key Features:

  • With total guaranteed payouts of up to 130 percent of the sum assured, you have the flexibility to plan your future goals.
  • The plan allows you to pay premiums for a set period of time.
  • You have three payout alternatives to pick from, each with its own set of policy terms.
  • The plan also provides riders that can be used to enhance protection.

Eligibility Criteria:

Entry Age

Option 1: 2 To 51 Years

Option 2: 0 (30 Days) To 51 Years

Option 3: 0 (30 Days) To 51 Years

Policy Term

Option 1: 16 Years

Option 2: 20 Years

Option 3: 24 Years

Premium Payment Term

Option 1: 8 Years

Option 2: 10 Years

Option 3: 12 Years

Age At Maturity18 To 75 Years
Sum AssuredRs. 2 Lakhs (In Multiple Of 1,000) To No Limit

8. Tata AIA MahaLife Gold

MahaLife Gold plan from Tata AIA Life Insurance is a savings plan that allows you to leave a legacy for your family. This plan provides you with annual returns and bonuses as well as insurance coverage, giving you the best of both worlds.

Key Features:

  • The option of ”Regular Income” under the plan gives you the flexibility to plan for your future goals.
  • You get a lump sum payoff at the end of the policy term, in addition to regular income.
  • You can choose to be protected until you reach the age of 100.
  • You can add any of the additional riders to your package to enhance the level of protection.

Eligibility Criteria:

Policy Term

85 Years Minus The Entry Age OR

100 Years Minus The Entry Age

Premium Payment Term6, 8, & 15 Years
Entry Age

For A PPT Of 6 Years: 0 (30 Days) To 55 Years

For A PPT Of 8 & 15 Years: 0 (30 Days) To 60 Years

Age At Maturity85 OR 100 Years
Sum AssuredRs. 1 Lakh To No Limit

9. Tata AIA Fortune Guarantee

Fortune Guarantee by Tata AIA Life Insurance is a savings plan that helps you achieve your goals at every stage of life. By selecting this plan, you will receive the benefits of life insurance coverage as well as a savings component to help you achieve your life objectives.

Key Features:

  • The plan provides a guaranteed lump sum benefit on maturity.
  • The plan has flexible policy terms as well as premium payment terms.
  • It provides higher benefits for female policyholders.
  • With the help of riders, you can enhance your protection under the plan.

Eligibility Criteria:

Policy Term10 To 40 Years
Premium Payment Term5 To 10 Years
Minimum Entry Age18 Years Less Policy Term OR 0 Years (30days), Whichever Is Higher
Maximum Entry Age80 Years Less Policy Term OR 65 Years, Whichever Is Lower
Age At Maturity

For Policy Term Of 10 Years: 75 Years

For Policy Term Of 11 Years: 76 Years

For Policy Term Of 12 Years: 77 Years

For Policy Term Of 13 Years: 78 Years

For Policy Term Of 14 Years: 79 Years

For Policy Term Of 15 To 40 Years: 80 Years

Basic Sum Assured10 X Annualized Premium

10. Tata AIA Value Income Plan

Tata AIA Life Insurance Value Income Plan is a non-linked, participating life insurance savings plan that allows you to choose between receiving cash incentives and accumulating them. With this plan, you may safely protect the future of your loved ones while also meeting your financial obligations.

Key Features:

  • You have the option to select your payout.
  • You have the option of purchasing extended life insurance up to the age of 100.
  • You can add any of the additional riders to your package to increase the level of protection.
  • The plan allows you the option of selecting from a variety of policy terms to suit your needs.

Eligibility Criteria:

Policy Term10 To 40 Years
Premium Payment Term5 To 15 Years
Entry Age

For PPT Of 5 Years: 30 Days To 55 Years

For PPT Of 6 Years: 30 Days To 58 Years

For PPT Of 7 Years: 30 Days To 62 Years

For PPT Of 8 To 15 Years: 30 Days To 65 Years

Age At Maturity18 To 80 Years

11. Tata AIA POS Smart Income Plus

Tata AIA Life Insurance POS Smart Income Plus is a limited-pay income plan that meets tomorrow’s needs while also protecting your loved ones and dreams by ensuring you of guaranteed returns on your investment.

Key Features:

  • Under the ‘Regular Income Benefit’ option, the plan guarantees payouts of 120 percent of the ‘Annualised Premium.’
  • The plan provides a greater benefit to female policyholders.
  • When you pay for 7 years, you get 15 years of life insurance.
  • The plan does not require a medical assessment of the life insured.

Eligibility Criteria:

Policy Term15 Years
Premium Payment Term7 Years
Entry Age3 To 50 Years
Age At Maturity18 To 65 Years
Basic Sum Assured 11 X Annualized Premium

Working Of Tata AIA Investment Plans

Suppose you wish to have guaranteed income for about 21 years. So, you choose any one of the suitable investment plans, such as the Smart Income Plus plan, with a policy term of 21 years. You choose the premium payment of 10 years and you pay an annual premium of Rs. 1 lakh.

As a result, beginning at the end of the 12th policy year, you will be assured a payout for ten years. Along with the last guaranteed payout, you’ll earn a guaranteed maturity payout.

The same is illustrated in the table below:

End Of The Policy YearGuaranteed Payouts
12140% Of The Annual Premium = Rs. 1,40,000
13Rs. 140,000
14Rs. 140,000
15Rs. 140,000
16Rs. 140,000
17Rs. 140,000
18Rs. 140,000
19Rs. 140,000
20Rs. 140,000
21Rs. 140,000
Guaranteed Maturity Payout296% Of The Annual Premium = Rs. 2,96,000
Premium Boost20% = Rs. 59,200
Total Benefit AmountRs. 17,55,200

Why Choose Tata AIA for Investment Plans?

You should choose Tata AIA for investment plans because of the following reasons:

  • Guaranteed Returns: You can earn assured returns as a maturity benefit pay-out with Tata AIA investment plans. With the support of its investment plans, you will be able to achieve your financial goals.
  • Options For Riders: Tata AIA investment plans allow you to choose for various riders. To have complete coverage, you can enhance the coverage of your policy by adding additional riders.
  • Greater Expertise & Presence: The company combines the Tata Group’s unrivaled brand strength and leading position in India with AIA’s experience and presence in 18 markets across Asia-Pacific. The company offers tailored solutions that enable clients to secure the smiles of their loved ones as preeminent protection providers.
  • Higher Claim Settlement Ratio: The claim settlement ratio (CSR) is the percentage of total claims that an insurance company settles in a year. It serves as an indicator of their trustworthiness. The higher the ratio, the more reliable the insurance is in general. When we talk about Tata AIA Life Insurance, the company has a claim settlement ratio of 98.02% for the fiscal year 2020-21.
  • Ideal Solvency Ratio: A solvency ratio determines how well assets cover future payment obligations or liabilities. An insurance company’s solvency ratio is the quantity of its capital in relation to all risks it has incurred. According to IRDAI, all insurance providers in India must maintain a healthy solvency ratio of 1.5 (150%). Tata AIA Life Insurance has a solvency ratio of 2.35 as of March 2020, which itself indicates why investment plans from Tata AIA are superior options.

How To Purchase Tata AIA Investment Plans?

In order to buy Tata AIA investment plans, you need to go through the below-mentioned steps:

ONLINE METHOD

  1. Visit the official website of the company.
  2. Click on “Know More” under the “Savings Plan” tab.
  3. Choose the plan you want to buy and then press “Buy Online”.
  4. A page will be displayed asking for your name, email id, and phone number. Enter all the important details, and then press “Continue”.
  5. An OTP will be sent to your mail address and phone number. Enter the OTP and press “Submit”. 
  6. The next page will ask you to share more details about yourself, such as date of birth, gender, etc. Select all of your details and then press “Get Quotes”.
  7. This will redirect you to a quote page displaying quote options. Select your quote option and click on “Continue”.
  8. Pay for the premium online and your policy details will be sent to your registered mail address. 

OFFLINE METHOD

You can call the company’s toll-free number +91-11-66158748 for purchasing a new investment policy. If you wish to purchase an investment policy in person, you can also visit the nearby branch office and the respective company’s agent will help you understand as well as select the best investment plan for you.

Frequently Asked Questions

Tata AIA Life Insurance Value Income Plan gives you the choice of choosing between two options:

  • Endowment
  • Endowment with Extended Life Cover

You have the option of selecting one of the premium payment frequencies listed below:

  • Annual
  • Half-yearly
  • Quarterly
  • Monthly

TATA AIA Life Gold is the greatest long-term investment plan since it provides life insurance up to the age of 85.

By entering your username and password into the company’s official website, you can check the status of your insurance.

By sending a request to the company’s customer service helpdesk, policyholders can register claims. The claim is settled within 7 working days after complete documents are received.

Tata AIA offers the following modes of premium payment to the policyholders:

  • DropBoxes
  • Cash/Cheque Collection Center
  • Online Payment
  • Auto Debit
  • Payment Collection Center
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