Introduction

Long term stability and security have become more important than ever before, given the times we are living in. At Tata AIA Life, we have always believed in helping you protect your dreams at various stages of life by ensuring that you are financially equipped.

To serve this objective, we present to you, Tata AIA Life Insurance Smart Value Income Plan, individual, non-linked, participating life insurance savings plan that gives your life cover and the option of choosing and receiving cash bonus (if declared) till you reach 100 years of age.

Choice between 2 plan options –

• 1. Cash Bonus
• 2. Accumulating Cash Bonus

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Disclaimer

• This product is underwritten by Tata AIA Life Insurance Company Ltd.

• This plan is also available for sale through online mode.

• Insurance cover is available under this product.

• This plan is not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance.

• This product brochure should be read along with Benefit Illustration.

• ¹A monthly mortality charge will be levied. Please refer complete sales brochure for details.

• ²Cash bonuses (if declared) may be opted to be paid out at the end of the chosen pay-out frequency or as premiums offset. Alternatively, the cash bonus (if declared) can be chosen to be accumulated and paid out on maturity, death or surrender. Please refer Brochure for additional details

• ³Rider is not mandatory and is available for a nominal extra cost. For more details on benefits, premiums, and exclusions under the Rider, please contact Tata AIA Life's Insurance Advisor/ branch.

• ⁴Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions 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 document.

Please consult your own tax consultant to know the tax benefits available to you.

• The risk factors of the bonuses projected under the product are not guaranteed.

• Past performance doesn't construe any indication of future bonuses, and

• These products are subject to the overall performance of the insurer in terms of investments, management of expenses, mortality and lapses.

• Risk cover commences along with policy commencement for all lives, including minor lives. The proposer will also act as a policyholder during the age of minority of the insured. In the event of the life insured dying during the age of minority, the policy monies will be payable to the policyholder/proposer. The policy shall vest in the life of the minor insured once he/she attains majority i.e.18 years.

• 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 all the Premiums Paid.

• In case of non-standard lives and on submission of non-standard age proof, extra premiums will be charged as per our underwriting guidelines. Read More

All Premiums and interest payable under the policy are exclusive of applicable taxes, duties, surcharge, cesses or levies which will be entirely borne/ paid by the Policyholder, in addition to the payment of such Premium or interest. Tata AIA Life shall have the right to claim, deduct, adjust and recover the amount of any applicable tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy. L&C/Advt/2025/Feb/0937

IDFC First Bank Ltd. (IRDAI Registration No:CA0106) is the Corporate Agent of Tata AIA Life Insurance Company Limited and does not underwrite the risk or act as an insurer. IDFC First Bank Ltd., KRM Tower, 7th Floor, No. 1, Harrington Road, Chetpet, Chennai-600031, Tamil Nadu, India. Participation by the Bank’s clients in the Insurance products is purely on a voluntary basis. The contract of Insurance is between Tata AIA Life and the Insured and not between the bank and the Insured.

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 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 customercare@tataaia.com. Visit us at: www.tataaia.com

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