Individual, Non-Linked, Non-Participating,

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/2021/Dec/2130 • UIN: 110N152V09
Tata AIA Life Guaranteed Return Insurance Plan Option Premium Min. Max. Single/ Min. Max.
Paying Policy Policy Joint Entry Entry
We, at Tata AIA Life, believe in protecting your dreams at various stages of life without compromising Term Term Term Life Age** Age**
on your basic needs through financial resources. You do not have to think twice to live your dreams Premium Payment Term
as they now come with guaranteed payouts. Single Pay 5
(PPT)/ Policy Term (PT)/
5 5
We present to you, Tata AIA Life Guaranteed Return Insurance Plan to meets tomorrow's requirements Min/Max Entry Age
(Age as on last birthday)/ 6 6
along with protecting your loved ones and dreams as it ensures you of guaranteed returns. Option 3 Single
Single/Joint Life 7 7 Life/ 45 65
This plan helps you fulfill your medium to long term goals such as Child’s Education/ Marriage or 8 8 Joint Life
Retirement planning etc. 9 9
10 10
Key Features
11 11
• Flexibility to choose Plan Option: Endowment, Regular Income or Whole Life Income 12 12
• Receive Guaranteed benefits on Maturity or Death Minimum – 18
Age at Maturity** (Years) Maximum – Subject to lower of (Max age at entry plus policy term
• Guaranteed Additions that boost corpus year on year under Endowment Option
OR 85 years)
• Flexibility to cover your spouse in same policy under Whole Life Income Option
“Basic Sum Assured” shall be equal to the Death Benefit Multiple x
• Choice of Policy Term with limited Premium Payment Term Basic Sum Assured Annualised Premium.
• Enhance your protection with optional Riders Basic Sum Assured will vary by Plan Option, Entry Age and
Premium Payment Term.
Eligibility Criteria Premium* (R)
Min: 24,000 per annum
(Premium in multiples
Option Premium Min. Max. Single/ Min. Max. Max: No Limit, subject to underwriting
of 1,000)
Paying Policy Policy Joint Entry Entry
Term Term Term Life Age** Age** Premium Payment Mode Single, Annual/ Half-yearly / Quarterly/ Monthly
Option 1 – Single Pay 1 10 Single Life 8 50 **All reference to age is as on last birthday.
5 10 *Premium excludes applicable taxes, duties, surcharge, cess or levies.
6 11
7 12 Max PoS Boundary Conditions:
Option 1 – 40 Single
8 13 (18 minus Plan Options (to be Option 1: Endowment Option 2: Regular Income Option 3: Whole Life Income
Limited Pay Life 65
9 14 policy selected at inception)
Premium Payment
term, 0)
Term (PPT)/ Policy 10 15 Option Premium Min. Max. Single/ Min. Max.
Term (PT)/ 11 16 Paying Policy Policy Joint Entry Entry
Min/Max Entry Age 12 17 Term Term Term Life Age** Age**
(Age as on last Option 1 – Single Pay 1 10 Single Life 8 50
Option 1 – 10 10 8
birthday)/ Single Life 65
Regular Pay 12 12 6 5 10 55
Single/Joint Life
5 6 12 Premium Payment 6 11 54
6 7 11 Term (PPT)/ Policy 7 12 Max 53
55 Term (PT)/ Min/Max Option 1 – 20 Single
7 8 10 8 13 (18 minus 52
Single Life Entry Age (Age as on Limited Pay Life
Option 2 8 9 9 9 14 policy 51
last birthday)/ term, 0)
9 10 8 Single/Joint Life 10 15 50
10 11 7 56 11 16 49
12 13 5 55 12 17 48
Option 1 – 10 10 Single Life 8 55
Regular Pay 12 12 6 53

1 2
 Option Premium Min. Max. Single/ Min. Max. Plan Option Regular Income Policy Term 11 Premium Payment Term 10
Paying Policy Policy Joint Entry Entry
Term Term Term Life Age** Age**
Entry Age 35 Year** Premium Frequency Annual Basic Sum Assured r 14,75,000

5 6 12 55 Guaranteed Benefit
6 7 11 Policy Annual
Age Cumulative Premium Guaranteed Death
Premium Payment 7 8 10 Year Premium*
Single Annual Income Benefit
Term (PPT)/ Policy Option 2 8 9 9
Life 35 1 1,00,000 1,00,000 - 14,75,000
Term (PT)/ Min/Max 9 10 8
Entry Age (Age as on 36 to 44 2 to 10 1,00,000 10,00,000 - 14,75,000
10 11 7 54
last birthday)/
Single/Joint Life 12 13 5 52 45 11 - - - 14,75,000
Single Pay 5 60 46 to 55 12 to 21 - - 1,95,250 -
5 5 60 Total Premiums Paid* 10,00,000 Total Guaranteed Benefit 19,52,500
6 6 59
Option 3 Single
7 7 45 58 Whole Life Premium
Life/ Plan Option Policy Term 5 Single Pay
8 8 57 Income Payment Term
Joint Life
9 9 56 Basic Sum Assured
r 12,50,000
10 10 55 (First Death)
Entry Age 50 Year** Single Life/Joint Life Joint Life
11 11 54 Basic Sum Assured r 1,00,00,000
12 12 53 (Secound Death)
Age at Maturity** Minimum – 18 Age Policy Single Guaranteed Benefit
(Years) Maximum – Subject to lower of (Max age at entry plus policy term OR 65 years) Year Premium* Whole Life Income Benefit on Benefit on
“Basic Sum Assured” shall be equal to the Death Benefit Multiple x (Annual Mode) First Death Second Death
Basic Sum Annualised Premium. 50 1 to 5 10,00,000 - 12,50,000 1,00,00,000
Assured
Basic Sum Assured will vary by Plan Option, Entry Age and
Premium Payment Term.
55 6 - 70,535 0 10,00,000
100 51 #
- 70,535 0 10,00,000
Premium* (R)
Min: 24,000 per annum Total Premiums Paid* 10,00,000 Total Guaranteed Benefit #
32,44,610
(Premium in multiples
Max: Subject to maximum Sum Assured on death of R 25,00,000
of 1,000) **All reference to age is as on last birthday. Under whole life income option both the Life Assureds are of age 50 years.
* Premium is exclusive of applicable taxes, cesses & levies. #Assuming policy ends after Second Death at age 100.
Premium Payment Single, Annual/ Half-yearly / Quarterly/ Monthly
Mode
Key benefits in details
**All reference to age is as on last birthday.
*Premium excludes applicable taxes, duties, surcharge, cess or levies. Maturity Benefits: On survival of the Life Assured till the end of Policy Term provided the policy is in
force, following benefit shall be payable basis chosen plan option:
Sample Illustration o Option I - Endowment: On maturity of the policy a lump sum benefit equal to Guaranteed Maturity
Plan Option Endowment Policy Term 20 Premium Payment Term 10 Benefit (GMB) along with the accrued Guaranteed Additions (GA) shall be payable at Maturity.
Guaranteed Maturity Benefit (GMB) = GMB Factor * Total Premiums Payable
Entry Age 35 Year** Premium Frequency Annual Basic Sum Assured R 14,75,000
Guaranteed Addition defined as a percentage of GMB shall accrued at a simple rate for each
Policy Annual Cumulative Accrued Guaranteed Benefit completed policy year, throughout the Policy Term and shall be payable on Maturity or Death
whichever is earlier, subject to all due premiums being paid. GA shall accrue @ 5% of GMB. No
Year Premium* Premium Guaranteed Additions Maturity Death GA shall accrue once the policy has been converted to a Reduced Paid-up policy.
Benefit Benefit
Please refer company website www.tataaia.com for details on GMB Factors
1 1,00,000 1,00,000 61,225 14,75,000 o Option II - Regular Income: A Guaranteed Annual Income (GAI) defined as a percentage of one
10 1,00,000 10,00,000 6,12,250 20,26,025 Annualised Premiums shall commence from the end of the year following maturity for a defined
Income Period, provided the policy is in force.
20 - - 12,24,500 12,24,500 26,38,275
o For Policy Term 6, the GAI shall commence from the end of the 7th year to the end of the 11th
Total Premiums Paid* 10,00,000 Total Guaranteed Benefit 24,49,000 year.
o For Policy Term 7, the GAI shall commence from the end of the 8th year to the end of the 13th
year.

3 4
 o For Policy Term 8, the GAI shall commence from the end of the 9th year to the end of the 15th Death Benefit:
year. In case of death of the Life Assured during the Policy Term, provided the policy is in force, the Sum
o For Policy Term 9, the GAI shall commence from the end of the 10th year to the end of the Assured on Death as defined below shall be payable.
17tht year.
o For Policy Term 10, the GAI shall commence from the end of the 11th year to the end of the Option I & II Option III
19th year. Sum Assured on Death shall be defined as the Sum Assured on Death shall be defined as the
o For Policy Term 11, the GAI shall commence from the end of the 12th year to the end of the highest of highest of
21st year. • 10 times the Single/Annualised Premium for age • 1.25 times the Single Premium in case of Single Pay
o For Policy Term 13, the GAI shall commence from the end of the 14th year to the end of the less than 45 years or 7 times the and 7 times the Annualised Premium in case of
25th year. Single/Annualised Premium for age 45 and above premium paying term of 5/6/7/8/9/10/11/12 years
Where, Guaranteed Annual Income percentage factor shall be as per below table: • 105% of the Total Premiums Paid up to date • 105% of the Total Premiums Paid up to date
Premium Payment Term 5 6 7 8 9 10 12 of Death of death
Guaranteed Annul • Guaranteed Maturity Benefit • Guaranteed Maturity Benefit
Income (As a % of one 130.00% 140.00% 158.50% 168.10% 178.15% 195.25% 213.25% • Basic Sum Assured
Annualised Premium) • Basic Sum Assured

The policyholder has the option to receive the commuted value of the future Guaranteed Annual Under Option I: Additionally, accrued Guaranteed Addition as on the date of Death shall be payable
Income, in the form of a lump sum benefit at maturity, discounted at 7.45% p.a. for premium along with Sum Assured on Death.
paying term 5 to 10 years and 7.20% p.a. for premium paying term 12 years. This discounting Under Option II: In case of death of the life insured after maturity; All the future income payments shall
rate is not guaranteed and is subject to change based on prevailing bond yields (aligned to 10 be payable to the nominee/legal heir(s) of the life insured. The nominee/legal heir(s) also has the
year G-sec). However, any change in the methodology/formula shall be subject to IRDAI approval. option to receive the commuted value of the future income at the time of death of life insured,
o Option III - Whole Life Income: : A Guaranteed Annual Income (GAI) defined as a percentage of discounted at 7.45% p.a. for premium paying term 5 to 10 years and 7.20% p.a. for premium paying
Total Premiums Paid shall commence from the end of the year following maturity and shall be term 12 years.
payable until the death of the Insured in case of single life or until the second death in case of joint Under Option III:
life. Where, Guaranteed Annual Income percentage factor shall be as follows: Death during policy term: In case of death of the life insured during the policy term; Death Benefits
GAI = Rate A * (Total Premiums Payable up to Rs.125,000) + Rate B * (Total Premiums Payable Multiple for Basic Sum Assured will be as follows:
in excess of Rs. 125,000) for single life. Death Benefit Multiple
GAI = Rate A * (Total Premiums Payable up to Rs.150,000) + Rate B * (Total Premiums Payable Joint Life
in excess of Rs. 150,000) for joint life. Premium Payment Term Single Life
First Death Second Death
For Single Life policies, the rates offered to a female life will be equal to a male life with a three year Single Premium 1.25 Times 1.25 Times 10 Times
setback. All Joint Life rates are unisex. 5 to 12 years 11 Times 7 Times 11 Times
The policyholder shall also be given the option to receive the GAI on a monthly basis wherein the
following conversion factor shall be used to arrive at the income payable. The income shall Death after policy term: In case of death of the life insured after the policy term;
commence from the end of the month following maturity. This option has to be chosen at • For single life policies, the Total Premiums Paid shall be payable
inception and cannot be altered once chosen. • For joint life policies, the Total Premiums Paid shall be payable on the second death only. No
Frequency Payout death benefit is payable on the first death.
Monthly 96% x GAI x 1/12 For single life policies, the policy will terminate upon the death of the insured and no other benefit
under the policy shall be payable.
After the policy term, the policyholder or the nominee(s)/legal heir(s) shall have the option to
For joint life policies, the policy will continue after First Death, and the policy will terminate upon the
receive a commuted value depending on the age at the time of commutation. Details of
Second Death and no other benefit under the policy shall be payable
computation of commuted value is provided in Annexure B.
Kindly refer Annexure A for Death Benefit Multiple under all Plan Options I & II.
Commuted Value = (F1 * Guaranteed Annual Income + F2 * Total Premiums Paid).
Where,
The factors F1 & F2 depend on the age of the surviving life assured at the time of commutation.
“Annualised Premium” shall be the premium paid in a year, excluding the taxes, rider premiums
For joint life cases when both lives assured are alive, the age of the older of the two life assureds underwriting extra premiums and loading for modal premiums, if any.
is to be considered.
“Basic Sum Assured” is equal to the Death Benefit Multiple times the Single/Annualised Premium.
“Total Premiums Paid" means total of all premiums received, excluding any extra premiums, any
rider premiums and taxes.
‘Guaranteed Maturity Benefit’ shall be equal to the commuted value of all the GAI at maturity,
discounted at 7.45% p.a. for premium paying term 5 to 10 years and 7.20% p.a. for premium paying

5 6
term 12 years under Option II. For Option III Guaranteed Maturity Benefit shall be equal to the Riders are not mandatory and are available for a nominal extra cost. For more details on the benefits,
Guaranteed Annual Income multiplied by the GMB factors provided on company website premiums and exclusions under the riders please refer to the Rider Brochure or contact our Insurance
www.tataaia.com. Advisor / Intermediary or visit our nearest branch office.
“Total Premiums Payable" refers to an amount equal to the Annualised Premium multiplied by the Grace Period:
Premium Payment Term of the policy.
A Grace Period of fifteen (15) days for monthly mode and thirty (30) days for all other modes, from the
due date will be allowed for payment of each subsequent premium. The Policy will remain in force
Additional Benefits and Features during this period. If the full premium for the first 2 policy years remains unpaid at the end of their
Flexible premium payment modes: grace period the policies shall lapse from the due date of the first unpaid premium. If any death claim
You have an option to pay the premiums either Annually, Half-yearly, Quarterly and Monthly modes. occurs during the grace period, any due premium (without interest) of the policy for the policy year, in
Loading on premiums will be applicable as mentioned in the table below: which the event has occurred will be deducted from the death claim pay out.
Non forfeiture provisions:
Mode Modal Loading
Single Premium Multiply Single Premium by 1 o Lapse
Annual Multiply Annual Premium by 1 When the full premiums for at least two (2) years have not paid within the Grace Period, the policy
shall lapse from the due date of first unpaid premium and no benefits will be payable.
Half - Yearly Multiply Annual Premium by 0.51
Quarterly Multiply Annual Premium by 0.26 However, if full premiums for at least two (2) years have been paid and the subsequent premium
remains unpaid within the Grace Period, the Policy will be converted into a Reduced Paid-up
Monthly Multiply Annual Premium by 0.0883
Policy by default.
Optional Riders: o Reduced Paid-Up Benefit
You have the flexibility to enhance your cover by adding the following optional riders, by paying The benefits to be paid in case of reduced paid-up policies are as follows.
additional rider premium over and above your base policy premium.
Death Benefit:
1. Tata AIA Life Insurance Accidental Death and Dismemberment (Long Scale) (ADDL)
Rider (UIN: 110B028V03) Option 1 – Endowment:
This rider ensures protection of your family by paying your nominee an amount equal to the rider sum On death during the policy term, the Sum Assured on Death x RPU Factor shall be payable along with
assured in case of an accidental death. In case of severe dismemberment like loss of limbs or bodily accrued GA. The benefit shall be subject to a minimum of 105% of the Total Premiums Paid up to the
functions or severe burns due to an accident, it will pay a percentage of the rider sum assured as per date of death. The policy will terminate upon the death of the insured and no other benefit under the
the ADDL benefit chart. The benefits will be doubled in case of certain accidental death or policy shall be payable.
dismemberments. This rider can be attached only at Policy inception. Option 2 – Regular Income:
2. Tata AIA Life Insurance Waiver of Premium Plus (WOPP) Rider (UIN: 110B029V02) On death during the policy term, the Sum Assured on Death x RPU Factor shall be payable. The benefit
shall be subject to a minimum of 105% of the Total Premiums Paid up to the date of death. The policy
This rider provides for the waiver of all future premiums of the basic policy which fall due in case of
will terminate upon the death of the insured and no other benefit under the policy shall be payable.
death or while the proposer is totally and permanently disabled (provided that the death occurs
/disability commences before the proposer reaches 70 years or the end of premium payment term of In case of death during the Income Term, all the future income payments shall be payable to the
the basic plan, whichever is earlier). This rider can be attached only at Policy inception. nominee/legal heir(s) of the life insured. The nominee/leg al heir(s) also has the option to receive
the commuted value of the future income at the time of death of life insured, discounted at 7.45%
3. Tata AIA Life Insurance Non-Linked Comprehensive Protection Rider (UIN:110B033V02 p.a. for premium paying term 5 to 10 years and 7.20% p.a. for premium paying term 12 years. This
or any other later version) discounting rate is not guaranteed and is subject to change based on prevailing bond yields
This rider provides coverage for various unforeseen events, such as death, disability due to accident, (aligned to 10 year G-sec). However, any change in the methodology/formula shall be subject to
a wide range of critical illnesses, or terminal illness. It allows flexibility to receive benefi¬t as IRDAI approval.
combination of lump sum or income for fixed period, Income till survival of partner or Waiver of Option 3 – Whole Life Income:
Premium. This rider can be opted either while taking the policy, or at the time of any policy anniversary.
Single Life: On death during the policy term, the Sum Assured on Death x RPU Factor shall be payable.
4. Tata AIA Life Insurance Non-Linked Comprehensive Health Rider (UIN: 110B031V02 or The benefit shall be subject to a minimum of 105% of the Total Premiums Paid up to the date of death.
any other later version) The policy will terminate upon the death of the insured and no other benefit under the policy shall be
The rider covers various unforeseen events and illnesses, including disability, hospitalization, and payable. In case of death of the life insured after the policy term the Total Premiums Paid shall be payable.
critical illnesses such as cancer and cardiac arrests. It also provides coverage against both major Joint Life: On death during the policy term, the Sum Assured on Death x RPU Factor shall be
illnesses, and minor injuries or illnesses, while allowing multiple claim payouts. Rider can be opted payable. The benefit shall be subject to a minimum of 105% of the Total Premiums Paid up to the date
either while taking the policy, or at the time of any policy anniversary. of death. The policy will terminate upon the second death and no other benefit under the policy shall
The above riders will not be offered if the outstanding term under the base policy is less than 5 years. be payable. In case of second death of the life insured after the policy term the Total Premiums Paid
There is no overlap in benefit offered under different riders and rider benefits shall be payable shall be payable.No death benefit is payable on the first death.
separately in addition to base plan benefits. In case the product is purchased under PoS, then no Maturity Benefit: The maturity benefits detailed above shall continue to be payable multiplied by the
rider can be attached. RPU Factor.

7 8
o Surrender Benefit 3. Policy Loan
The policy shall acquire a surrender value during the policy term basis the premium paying term as Provided that the policy acquires Surrender Value, policyholders may apply for a policy loan for such
defined below. an amount within the extent of 80% of Surrender Value. The Policy must be assigned to Tata AIA Life.
Premium Paying Term Surrender Value Loan Interest
Single Pay Payable at any point during the policy term Daily interest shall accrue on policy loan at a rate which the company shall determine. Interest shall
Other than Single Pay Payable provided at least 2 full years’ premiums have been paid be payable on each policy anniversary after the loan date and until the loan is repaid. Any unpaid
interest shall be added to the principal loan and bear interest at the same rate. At any time while the
The surrender value payable is higher of the Guaranteed Surrender Value (GSV) or Special Surrender policy is in force, policyholder may repay the principal and accrued interest, on any part of the loan.
Value (SSV) where;
When the loan with accrued interest exceeds the Surrender Value, the policy will be terminated.
• Guaranteed Surrender Value = GSV Factor on Premiums x Total Premiums Paid + GSV Factor on
Residual amount, if any, will be refunded to the policyholder.
Guaranteed Additions x Accrued GA, if any)
• Special Surrender Value = SSV Factor * (RPU factor x Guaranteed Maturity Benefit + Accrued GA, Interest rate applicable to policy loan will be equal to the prevailing SBI (State Bank of India) [or any
if any) other public sector undertaking bank] domestic term deposit interest rate for tenure ‘1 year to less
than 2 years’ + 2%. This formula will be reviewed annually and only altered subject to prior approval
Where “Reduced Paid-up (RPU) Factor” shall be equal to the total number of premiums paid divided of IRDA of India. The interest rate on loans are verified & updated on our company's systems every six
by the total number of Premiums Payable during the entire Premium Payment Term. months (on 1st April & 1st Oct every year) as per the given formula. The current interest rate for Loan
Please refer company website www.tataaia.com for details on Guaranteed Surrender Value Factors. from 1st April October is 7.00% p.a. (i.e. SBI interest rate of 5.00% + 2%) compounding annually.
Please refer Policy Document for details on Special Surrender Value Factors.
4. Auto Vesting
The Company may revise the SSV factors from time to time. However, any change in the
Where the policy is issued on the life of a minor, the policy shall automatically vest in the life insured
methodology/formula for calculating SSV factors shall be subject to IRDAI approval.
on his/her attaining age of majority. On vesting, the Company shall recognize the life insured to be the
o Revival holder of the policy.
If a premium is in default beyond the Grace Period and subject to the Policy not having been 5. Exclusion
surrendered, it may be revived, within five years after the due date of first unpaid premium and before
• Suicide Claim: In case of death due to suicide within 12 months from the date of commencement
the date of maturity, subject to: (i) Policyholder’s written application for revival; (ii) production of
of risk under the policy or from the date of revival of the policy, as applicable, the nominee or
Insured’s current health certificate and other evidence of insurability, satisfactory to the Company; and
beneficiary of the policyholder shall be entitled to at least 80% of the total premiums paid till the
(iii) payment of all overdue premiums with interest.
date of death or the surrender value available as on the date of death whichever is higher,
Upon revival, the benefits of the Policy shall be restored with effect from the date of revival. provided the policy is in force.
The evidences and any medical requirements called for are in line with the prevailing underwriting • Waiting Period: Waiting period is applicable for policies sourced through PoS channel. If death of
guidelines duly approved by the Board & the health declaration by the life assured. Any evidence of any of the life insureds occurs during the first 90 days from the Date of commencement of risk,
insurability requested at the time of revival will be based on the prevailing underwriting guidelines duly we shall refund Total Premiums Paid and the policy will terminate with immediate effect. Waiting
approved by the Board. The revival will be based on the Board approved underwriting policy. The period of 90 days is not applicable for death due to accident provided all due premiums have
applicable interest rate for revival is determined using the SBI [or any other public sector undertaking been paid. Death benefit and other benefits as stipulated in section 7 will continue to be payable
bank] domestic term deposit rate for ‘1 year to less than 2 years’, plus 2%. Any alteration in the as normal in case.
formula will be subject to prior approval of IRDAI.
6. Tax Benefits
The interest rate on revival is verified & updated on our company's systems every six months (on 1st
April & 1st Oct every year) as per the given formula. The current interest rate on revival from 1st Income Tax benefits may be available as per the Tax Laws, subject to fulfillment of conditions
October 2021 is 7.00% simple p.a. (i.e. SBI interest rate of 5.00% + 2%). 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
Terms and Conditions document. Please consult your own tax consultant to know the tax benefits available to you.
1. Free Look Period 7. Assignment
If You are not satisfied with the terms & conditions/ features of the Policy, You have the right to Assignment is allowed as per provisions of Section 38 of the Insurance Act 1938 as amended from
cancel the Policy by providing written notice to the Company and receive a refund of all premiums time to time.
paid without interest after deducting a) Proportionate risk premium for the period on cover
(including applicable taxes, cesses, and levies, if any) and b) Stamp duty charges and medical 8. Nomination
examination costs which have been incurred for issuing the Policy. Such notice must be signed by Nomination is allowed as per provisions of Section 39 of the Insurance Act 1938 as amended from
You and received directly by the Company within 15 days after You receive the policy document. time to time.
The said period of 15 days shall stand extended to 30 days if the Policy is sourced through 9. Fraud, Misstatement or Suppression
Distance Marketing mode.
Any fraud, misstatement or suppression of a material fact under the policy shall be dealt as per the
Distance Marketing includes every activity of solicitation (including lead generation) and sale of
provisions of Section 45 of the Insurance Act 1938 as amended from time to time.
insurance products through voice mode, SMS electronic mode, physical mode (like postal mail) or
any other means of communication other than in person. 10. Advance Premium
2. Change in Basic Sum Assured Collection of advance premium shall be allowed, only if the premium is collected within the same
Any change in the Basic Sum Assured is not allowed post inception of the policy. Financial Year. However, where the premium due in one financial year is being collected in advance in
earlier financial year, the Company may collect the same for a maximum period of three months in

9 10
advance of the due date of the premium. The premium so collected in advance shall only be adjusted Age Single Pay 5 Pay 6 Pay 7 Pay 8 Pay 9 Pay 10 Pay 11 Pay 12 Pay
on the due date of the premium. 31 15.75 15.75 15.75 15.75 15.75 15.75 15.75 15.75 15.75
11. This product is also available for sales through Company’s website www.tataaia.com 32 15.50 15.50 15.50 15.50 15.50 15.50 15.50 15.50 15.50
Prohibition of Rebates - Section 41 - of the Insurance Act, 1938, as amended from time to time 33 15.25 15.25 15.25 15.25 15.25 15.25 15.25 15.25 15.25
34 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00 15.00
1. No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person
to take out or renew or continue an insurance in respect of any kind of risk relating to lives or 35 14.75 14.75 14.75 14.75 14.75 14.75 14.75 14.75 14.75
property in India, any rebate of the whole or part of the commission payable or any rebate of the 36 14.50 14.50 14.50 14.50 14.50 14.50 14.50 14.50 14.50
premium shown on the Policy, nor shall any person taking out or renewing or continuing a Policy 37 14.25 14.25 14.25 14.25 14.25 14.25 14.25 14.25 14.25
accept any rebate, except such rebate as may be allowed in accordance with the published 38 14.00 14.00 14.00 14.00 14.00 14.00 14.00 14.00 14.00
prospectuses or tables of the Insurer. 39 13.75 13.75 13.75 13.75 13.75 13.75 13.75 13.75 13.75
2. Any person making default in complying with the provisions of this section shall be liable for 40 13.50 13.50 13.50 13.50 13.50 13.50 13.50 13.50 13.50
a penalty which may extend to ten lakh rupees. 41 13.25 13.25 13.25 13.25 13.25 13.25 13.25 13.25 13.25
Annexure A 42 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00 13.00
43 12.75 12.75 12.75 12.75 12.75 12.75 12.75 12.75 12.75
Death Benefit for Option 1 - Endowment:
44 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50
Age Single Pay 5 Pay 6 Pay 7 Pay 8 Pay 9 Pay 10 Pay 11 Pay 12 Pay 45 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25 12.25
0 23.50 23.50 23.50 23.50 23.50 23.50 23.50 23.50 23.50 46 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00 12.00
1 23.25 23.25 23.25 23.25 23.25 23.25 23.25 23.25 23.25 47 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75 11.75
2 23.00 23.00 23.00 23.00 23.00 23.00 23.00 23.00 23.00 48 11.50 11.50 11.50 11.50 11.50 11.50 11.50 11.50 11.50
3 22.75 22.75 22.75 22.75 22.75 22.75 22.75 22.75 22.75 49 11.25 11.25 11.25 11.25 11.25 11.25 11.25 11.25 11.25
4 22.50 22.50 22.50 22.50 22.50 22.50 22.50 22.50 22.50 50 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00 11.00
5 22.25 22.25 22.25 22.25 22.25 22.25 22.25 22.25 22.25 51 NA 10.80 10.80 10.80 10.80 10.80 10.80 10.80 10.80
6 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 22.00 52 NA 10.60 10.60 10.60 10.60 10.60 10.60 10.60 10.60
7 21.75 21.75 21.75 21.75 21.75 21.75 21.75 21.75 21.75 53 NA 10.40 10.40 10.40 10.40 10.40 10.40 10.40 10.40
8 21.50 21.50 21.50 21.50 21.50 21.50 21.50 21.50 21.50 54 NA 10.20 10.20 10.20 10.20 10.20 10.20 10.20 10.20
9 21.25 21.25 21.25 21.25 21.25 21.25 21.25 21.25 21.25 55 NA 10.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00
10 21.00 21.00 21.00 21.00 21.00 21.00 21.00 21.00 21.00 56 NA 9.80 9.80 9.80 9.80 9.80 9.80 9.80 9.80
11 20.75 20.75 20.75 20.75 20.75 20.75 20.75 20.75 20.75 57 NA 9.60 9.60 9.60 9.60 9.60 9.60 9.60 9.60
12 20.50 20.50 20.50 20.50 20.50 20.50 20.50 20.50 20.50 58 NA 9.40 9.40 9.40 9.40 9.40 9.40 9.40 9.40
13 20.25 20.25 20.25 20.25 20.25 20.25 20.25 20.25 20.25 59 NA 9.20 9.20 9.20 9.20 9.20 9.20 9.20 9.20
14 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 20.00 60 NA 9.00 9.00 9.00 9.00 9.00 9.00 9.00 9.00
15 19.75 19.75 19.75 19.75 19.75 19.75 19.75 19.75 19.75 61 NA 8.80 8.80 8.80 8.80 8.80 8.80 8.80 8.80
16 19.50 19.50 19.50 19.50 19.50 19.50 19.50 19.50 19.50 62 NA 8.60 8.60 8.60 8.60 8.60 8.60 8.60 8.60
17 19.25 19.25 19.25 19.25 19.25 19.25 19.25 19.25 19.25 63 NA 8.40 8.40 8.40 8.40 8.40 8.40 8.40 8.40
18 19.00 19.00 19.00 19.00 19.00 19.00 19.00 19.00 19.00 64 NA 8.20 8.20 8.20 8.20 8.20 8.20 8.20 8.20
19 18.75 18.75 18.75 18.75 18.75 18.75 18.75 18.75 18.75 65 NA 8.00 8.00 8.00 8.00 8.00 8.00 8.00 8.00
20 18.50 18.50 18.50 18.50 18.50 18.50 18.50 18.50 18.50
21 18.25 18.25 18.25 18.25 18.25 18.25 18.25 18.25 18.25 Death Benefit for Option II – Regular Income:
22 18.00 18.00 18.00 18.00 18.00 18.00 18.00 18.00 18.00 Age 5 Pay 6 Pay 7 Pay 8 Pay 9 Pay 10 Pay 12 Pay
23 17.75 17.75 17.75 17.75 17.75 17.75 17.75 17.75 17.75 0 23.50 23.50 23.50 23.50 23.50 23.50 23.50
24 17.50 17.50 17.50 17.50 17.50 17.50 17.50 17.50 17.50 1 23.25 23.25 23.25 23.25 23.25 23.25 23.25
25 17.25 17.25 17.25 17.25 17.25 17.25 17.25 17.25 17.25 2 23.00 23.00 23.00 23.00 23.00 23.00 23.00
26 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 17.00 3 22.75 22.75 22.75 22.75 22.75 22.75 22.75
27 16.75 16.75 16.75 16.75 16.75 16.75 16.75 16.75 16.75 4 22.50 22.50 22.50 22.50 22.50 22.50 22.50
28 16.50 16.50 16.50 16.50 16.50 16.50 16.50 16.50 16.50 5 22.25 22.25 22.25 22.25 22.25 22.25 22.25
29 16.25 16.25 16.25 16.25 16.25 16.25 16.25 16.25 16.25 6 22.00 22.00 22.00 22.00 22.00 22.00 22.00
30 16.00 16.00 16.00 16.00 16.00 16.00 16.00 16.00 16.00 7 21.75 21.75 21.75 21.75 21.75 21.75 21.75

11 12
Age 5 Pay 6 Pay 7 Pay 8 Pay 9 Pay 10 Pay 12 Pay Age 5 Pay 6 Pay 7 Pay 8 Pay 9 Pay 10 Pay 12 Pay
8 21.50 21.50 21.50 21.50 21.50 21.50 21.50 54 10.20 10.20 10.20 10.20 10.20 10.20 10.20
9 21.25 21.25 21.25 21.25 21.25 21.25 21.25 55 10.00 10.00 10.00 10.00 10.00 10.00 10.00
10 21.00 21.00 21.00 21.00 21.00 21.00 21.00 56 NA NA NA NA NA 9.80 NA
11 20.75 20.75 20.75 20.75 20.75 20.75 20.75
Annexure B
12 20.50 20.50 20.50 20.50 20.50 20.50 20.50
Commutation Factors for Whole Life Income Option
13 20.25 20.25 20.25 20.25 20.25 20.25 20.25
Single Pay-
14 20.00 20.00 20.00 20.00 20.00 20.00 20.00
15 19.75 19.75 19.75 19.75 19.75 19.75 19.75 Age at time of commutation F1 F2 Age at time of commutation F1 F2
16 19.50 19.50 19.50 19.50 19.50 19.50 19.50 50 12.12 8.85% 88 6.66 49.42%
17 19.25 19.25 19.25 19.25 19.25 19.25 19.25 51 12.05 9.36% 89 6.45 50.95%
18 19.00 19.00 19.00 12 19.00 19.00 19.00 19.00 52 11.98 9.89% 90 6.25 52.49%
19 18.75 18.75 18.75 18.75 18.75 18.75 18.75 53 11.91 10.44% 91 6.04 54.02%
20 18.50 18.50 18.50 18.50 18.50 18.50 18.50 54 11.83 11.02% 92 5.83 55.55%
21 18.25 18.25 18.25 18.25 18.25 18.25 18.25 55 11.75 11.62% 93 5.62 57.07%
22 18.00 18.00 18.00 18.00 18.00 18.00 18.00 56 11.67 12.25% 94 5.42 58.57%
23 17.75 17.75 17.75 17.75 17.75 17.75 17.75 57 11.58 12.91% 95 5.21 60.06%
24 17.50 17.50 17.50 17.50 17.50 17.50 17.50 58 11.48 13.60% 96 5.01 61.52%
25 17.25 17.25 17.25 17.25 17.25 17.25 17.25 59 11.39 14.32% 97 4.81 62.96%
26 17.00 17.00 17.00 17.00 17.00 17.00 17.00 60 11.29 15.07% 98 4.61 64.37%
27 16.75 16.75 16.75 16.75 16.75 16.75 16.75 61 11.18 15.86% 99 4.42 65.74%
28 16.50 16.50 16.50 16.50 16.50 16.50 16.50 62 11.07 16.69% 100 4.23 67.06%
29 16.25 16.25 16.25 16.25 16.25 16.25 16.25 63 10.95 17.55% 101 4.04 68.34%
30 16.00 16.00 16.00 16.00 16.00 16.00 16.00 64 10.83 18.44% 102 3.85 69.55%
31 15.75 15.75 15.75 15.75 15.75 15.75 15.75 65 10.71 19.38% 103 3.67 70.69%
32 15.50 15.50 15.50 15.50 15.50 15.50 15.50 66 10.58 20.35% 104 3.49 71.73%
33 15.25 15.25 15.25 15.25 15.25 15.25 15.25 67 10.44 21.35% 105 3.32 72.65%
34 15.00 15.00 15.00 15.00 15.00 15.00 15.00 68 10.3 22.39% 106 3.15 73.42%
35 14.75 14.75 14.75 14.75 14.75 14.75 14.75 69 10.16 23.47% 107 2.98 73.97%
36 14.50 14.50 14.50 14.50 14.50 14.50 14.50 70 10.01 24.58% 108 2.81 74.23%
37 14.25 14.25 14.25 14.25 14.25 14.25 14.25 71 9.85 25.73% 109 2.65 74.08%
38 14.00 14.00 14.00 14.00 14.00 14.00 14.00 72 9.69 26.91% 110 2.48 73.32%
39 13.75 13.75 13.75 13.75 13.75 13.75 13.75 73 9.53 28.12% 111 2.31 71.65%
40 13.50 13.50 13.50 13.50 13.50 13.50 13.50 74 9.36 29.37% 112 2.12 68.55%
41 13.25 13.25 13.25 13.25 13.25 13.25 13.25 75 9.19 30.65% 113 1.91 63.17%
42 13.00 13.00 13.00 13.00 13.00 13.00 13.00 76 9.02 31.95% 114 1.66 54.16%
43 12.75 12.75 12.75 12.75 12.75 12.75 12.75 77 8.84 33.29% 115 1.31 39.59%
44 12.50 12.50 12.50 12.50 12.50 12.50 12.50 78 8.65 34.66% 116 0.79 16.76%
45 12.25 12.25 12.25 12.25 12.25 12.25 12.25 79 8.46 36.05%
46 12.00 12.00 12.00 12.00 12.00 12.00 12.00 80 8.27 37.46%
47 11.75 11.75 11.75 11.75 11.75 11.75 11.75 81 8.08 38.90%
48 11.50 11.50 11.50 11.50 11.50 11.50 11.50 82 7.88 40.36%
49 11.25 11.25 11.25 11.25 11.25 11.25 11.25 83 7.68 41.84%
50 11.00 11.00 11.00 11.00 11.00 11.00 11.00 84 7.48 43.33%
51 10.80 10.80 10.80 10.80 10.80 10.80 10.80 85 7.28 44.84%
52 10.60 10.60 10.60 10.60 10.60 10.60 10.60 86 7.08 46.36%
53 10.40 10.40 10.40 10.40 10.40 10.40 10.40 87 6.87 47.88%

13 14
Regular Pay- About Tata AIA Life

Age at time of commutation F1 F2 Age at time of commutation F1 F2 Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by
50 11.41 7.77% 94 5.28 56.64% Tata Sons Ltd. and AIA Group Ltd (AIA). Tata AIA Life combines Tata’s pre-eminent leadership
51 11.35 8.24% 95 5.08 58.16% position in India and AIA’s presence as the largest, independent listed pan-Asia Life Insurance
52 11.29 8.72% 96 4.89 59.67% Group in the world spanning 18 markets in Asia Pacific. Tata Sons holds a majority stake (51 per
53 11.23 9.23% 97 4.7 61.15% cent) in the Company and AIA holds 49 per cent through an AIA International Limited. Tata AIA
54 11.16 9.77% 98 4.51 62.61% Life Insurance Company Limited was licensed to operate in India on February 12, 2001 and
55 11.09 10.33% 99 4.32 64.03% started operations on April 1, 2001.
56 11.02 10.91% 100 4.14 65.41%
57 10.94 11.53% 101 3.96 66.74% DISCLAIMER:
58 10.86 12.18% 102 3.78 68.01% • This product is underwritten by Tata AIA Life Insurance Company Ltd.
59 10.78 12.86% 103 3.61 69.21%
• Insurance cover is available under this product.
60 10.69 13.57% 104 3.43 70.31%
61 10.59 14.31% 105 3.26 71.30% • This plan is not a guaranteed issuance plan and it will be subject to Company’s underwriting and
62 10.49 15.10% 106 3.1 72.14% acceptance.
63 10.39 15.91% 107 2.94 72.77%
• The brochure is not a contract of insurance. The precise terms and conditions of this plan are
64 10.29 16.77% 108 2.77 73.12% specified in the Policy contract available on Tata AIA Life website.
65 10.17 17.66% 109 2.61 73.07%
66 10.06 18.59% 110 2.45 72.41% • This product brochure should be read along with Benefit Illustration.
67 9.94 19.56% 111 2.28 70.86% • Risk cover commences along with policy commencement for all lives, including minor lives.
68 9.81 20.56% 112 2.1 67.89%
• Buying a Life Insurance Policy is a long-term commitment. An early termination of the Policy
69 9.68 21.60% 113 1.9 62.67%
usually involves high costs and the Surrender Value payable may be less than the all the
70 9.55 22.68% 114 1.65 53.83%
Premiums Paid.
71 9.41 23.79% 115 1.3 39.42%
72 9.26 24.94% 116 0.79 16.73% • In case of non-standard lives and on submission of non-standard age proof, extra premiums will
73 9.11 26.13% be charged as per our underwriting guidelines.
74 8.96 27.34% • All Premiums and interest payable under the policy are exclusive of applicable taxes, duties,
75 8.8 28.60% surcharge, cesses or levies which will be entirely borne/ paid by the Policyholder, in addition to the
76 8.64 29.88% payment of such Premium or interest. Tata AIA Life shall have the right to claim, deduct, adjust
77 8.48 31.20% and recover the amount of any applicable tax or imposition, levied by any statutory or
78 8.31 32.55% administrative body, from the benefits payable under the Policy.
79 8.14 33.93%
80 7.96 35.33%
81 7.78 36.76%
82 7.6 38.22%
83 7.41 39.69%
84 7.23 41.19%
85 7.04 42.70%
86 6.85 44.23%
87 6.65 45.77%
88 6.46 47.32%
89 6.26 48.88%
90 6.06 50.44%
91 5.87 52.00%
92 5.67 53.55% IRDAI is not involved in activities like selling insurance policies, announcing bonus or
BEWARE OF SPURIOUS/
93 5.47 55.10% FRAUD PHONE CALLS!
investment of premiums. Public receiving such phone calls are requested to lodge a
police complaint.