Non-Participating, Unit Linked, Individual Life Insurance Savings Plan 1. What is this policy about? 2. How does it work? 3. Key Features 4. What happens at maturity? 5. What happens if you pass away? Example: 6. Can you take out money before maturity? 7. What happens if you stop paying? 8. Extra Benefits in the … Read more
Individual, Non-Linked, Non-participating, Life Insurance Savings Plan 1. What is Fortune Guarantee Secure? Note: 2. How Does It Work? Note: 3. Main Features: 4. Plan Options: A. Regular Income Note: If you stop paying premiums early, the policy becomes “Reduced Paid-Up,” meaning lower benefits. B. Regular Income with Return of Premium (ROP) Note: You must … Read more
A Non-Linked, Participating Individual Life Insurance Savings Plan. 1. What is the Tata AIA Life Insurance Diamond Savings Plan? It is a Non-Linked, Participating, Individual Life Insurance Savings Plan i.e It’s a savings + insurance plan. This means: T&C Highlight: This policy is “participating”, meaning bonuses depend on company profits and are not guaranteed (Clause … Read more
Individual, Non-Linked, Participating Life Insurance Savings Plan 1. What is the Tata AIA Life Insurance Value Income Plan? It is a non-linked, participating life insurance savings plan that offers: 2. What are the key benefits of this plan? 3. What are the available policy terms and premium payment terms? 4. What is the eligibility to … Read more
1. What is this Policy About? This is a life insurance and savings plan that ensures financial security while also offering guaranteed income in the future. 2. What are the key benefits? (Part C) A. This policy has two options: Option 1: Regular Income Option 2: Regular Income + Critical Illness Benefit Note: If diagnosed … Read more
Not Recommended as PT MAX is 20 years, that too compared to SRP High Cost. Saral Jeevan – Minimum Income – Rs.2Lakhs (Max PT – 20 Years) Particulars Remarks Age Eligibility 18 – 45 Gender M / F 1.Female: 15% lower premium Plan Option Life Secure (NROP)Life Secure Plus (ROP) Basic Sum … Read more
Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product MRSS – Minimum Income – Rs.15Lakhs Particulars Remarks Age Eligibility 18 – 65 Gender M / F / TG 1.Female: 15% lower premium 2.Transgender: Discount on 1st year premium Plan Option 1. Life Secure (NROP)2. Life Secure Plus (ROP) Basic Sum Assured Min ₹ … Read more
Non-Linked, Non-Participating, Individual Life Insurance Pure Risk Premium Plan Here’s a simplified explanation of all the key concepts in the Tata AIA Sampoorna Raksha Promise policy: 1. What is this policy? Author Comment: It’s a life insurance plan that ensures your family gets financial support if something happens to you. It does not have any … Read more
Different Types of Policies for Individuals Protection Solutions (Term Insurance): Savings Solutions: NAME OF THE POLICY PAR / NON PAR BENEFIT TYPE 1. Fortune Guarantee Non Linked, Non Participating Guaranteed lump sum benefit on maturity 2. Fortune Guarantee Secure Non Linked, Non Participating Advanced income option to get income immediately post 3 days of policy issuance 3. … Read more