A whole life policy with a guaranteed death benefit (with/without bonus) at a fixed premium and a Cash Surrender Value after 3 years premium(s) have been paid. Cash Surrender Value that accumulates can be accessed even while the policy is in existence to meet any unforeseen need.

People who wish to provide huge sums to their dependents at an economical rate of premium.

1) One has the option to choose a participating (with profit) or Non-Participating Policy (without profit plan).
2) Minimum Sum assured for Participating Policy is Rs 1 lakh and for Non-Participating Policy is Rs 1.5 lakh.
3) Sum assured is payable only on death of the life assured.
4) Whole Life Participating Policy is eligible for bonuses two years after it comes into effect. Policyholder can even get cash every year rather than waiting for the maturity of the policy.
5) Whole Life Non-Participating Policy is not eligible for bonuses.
6) Offers Cash Surrender Value that accumulates for the insured in the policy, and remains accessible to the insured throughout the policy's existence provided that 3 years premiums have been paid.
7) Loan can be availed of on this policy, once it has acquired a Cash Surrender Value.
8) Terminal Illness Benefit: Insured has the option to avail 50% (subject to a maximum cumulative of Rs 5 lacs) of benefits immediately in case Life Insured is diagnosed to be suffering from a terminal illness that can lead to death in 6 months. Balance amount is payable on the occurrence of the Insured Event.
9) Riders can be availed by paying marginal additional premium. The policy offers Personal Accident Benefit, Guaranteed Insurability Option Rider, Option to Participate in Progressive Bonuses, Term Rider, Waiver of Premium Rider, Dread Disease Rider, and Spouse Insurance Rider.

A comparatively short term policy which provides highest level of protection (insurance coverage) at low outlay of funds.

People who are stretched on financial resources and with temporary insurance needs such as those who have recently purchased or financed a home.

1) It has a Renewable Benefit which ensures that the Policy renews automatically every 5 years, for an additional 5 year term or to age 65, whichever is earlier.
2) Convertible Benefit allows you to convert your 5 year Term Policy to a permanent (either Whole Life or Endowment) insurance plan.
3) Riders can be availed by paying marginal additional premium. The policy offers Personal Accident Benefit Rider, and Dread Disease Rider

An endowment plan that matures on the 60th birthday of the insured and is ideal for saving money for covering expenses after retirement.

People who wish to save money for covering expenses after their retirement, such as child's marriage, medical expenses or financing a house for the family.

1) Provides guaranteed fixed premium that allows you to plan your finances better.
2) Bonuses are not guaranteed and are generated as per the actuarial valuation declared by the company.
3) Choice of 5 bonus payment options- annual bonus payment, bonus accumulated and paid on maturity, bonus used to offset premium, bonus used to buy one-year term insurance, bonus used to buy paid-up additions.
4) Acquires Cash Surrender Value after 3 years' Premiums have been paid.
5) Option of taking a loan to fund unforeseen expenses, after your policy has acquired a Cash Surrender Value.
6) Riders enhance the benefits under the policy, which can be availed by paying marginal additional premium. The policy offers Personal Accident Benefit Rider, Waiver of Premium Rider, Payor Benefit Rider, Term Rider, and Dread Disease Rider.

A retirement plan that ensures a steady income and absolute peace of mind, in the golden years of your life.

People who wish to secure huge sums for the benefit of their family at an economical rate. It is most suitable for people with temporary insurance needs such as those who have recently purchased or financed a home.

1) This is a deferred annuity plan with an option to pay a single premium or pay the premiums over the deferment period.
2) Minimum retirement age is 50 years, while maximum is 70 years.
3) Deferment Period is 10 to 40 years (Subject to minimum vesting age).
4) Premiums paid by the policyholder will help in building a Notional Corpus, which comprises of the Sum Assured, together with Pure Endowment benefits purchased out of the bonuses declared by the Company from time to time.
5) On the date of vesting, policyholder has the option to take up to 25% of Notional Corpus in lump sum and use the balance amount, to purchase an annuity or alternatively utilise the whole amount to purchase an annuity.
6) Policyholder has the option to surrender Policy prior to its Vesting Date. While the minimum guaranteed surrender value under Regular Premium policies is 55% of the Premiums paid, under Single Premium policies it is 80% of the Premium paid. However, the policy will not acquire any cash surrender value until completion of one year from the date of issue of the policy.
7) Premium paid under the policy up to a maximum of Rs.10,000 per annum, are eligible for tax benefit u/s 80CCC(1) of the Income Tax Act 1961.
8) No medical examination required.

A unit linked investment plan that offers potentially high growth investments through market linked returns along with flexible insurance coverage.

All those who wish to meet all their financial needs, without the tedium of managing multiple products.

1) Choice of four attractive fund options. One can invest premiums in one or more of these funds, based on risk taking ability.
2) One can change type of cover from increasing insurance cover to level insurance cover during the plan tenor.
3) On can change Sum Assured.
4) One can make partial or full withdrawals. Partial withdrawals can be made after 3 policy years. In level insurance cover, sum assured may reduce on partial withdrawal.
5) Full surrender can be made anytime. Surrender charge of one year's premium in the first 2 policy years, half of one years premium in third policy year. No surrender charges after 3 policy years.
6) Allows two free switches in a policy year, between funds or to multiple funds without any tax liability.
7) Allows one free re-direction of future premiums.
8) One can add personal accident benefit or dread disease riders to your policy at inception or on any policy anniversary at a nominal cost.

A fixed term endowment policy where the guaranteed sum plus accumulated bonus is payable at the end of 20 years and the policy acquires a Cash Surrender Value after 3 years premium(s) have been paid. Any Cash Surrender Value that accumulates can be accessed even while the Policy is in existence, to meet unforeseen expenses.

1) Loan facility available after the Policy has acquired a Cash Surrender Value, to fund unexpected requirements
2) Terminal Illness Benefit
3) Riders can be availed by paying marginal additional premium. The policy offers Personal Accident Benefit Rider, Term Rider, and Dread Disease Rider

An endowment plan which ensures that your child gets a fixed amount when he/she turns 18 or 24 respectively.

Parents with relatively younger children who wish to plan the financial future of their children, their education and marriage.

1) Minimum sum assured is Rs 75,000 for single premium.
2) Offers two variants namely Endowment to 18 and Endowment to 24.
3) Policy will automatically vest in your child he/she turns 18 years of age.
4) Policy entitles you to get bonuses, with a choice of 3 options on how you would want it paid to you - Annual Bonus payment, Bonus accumulated and paid on maturity, and Bonus used to offset premiums.
5) Policy provides an option wherein the child can avail of a permanent life insurance policy on the date of maturity to the extent of sum assured without undergoing any medical examination. However this benefit has to be availed with in 6 months from the date of maturity.
6) Loan can be availed under the policy provided the policy has acquired cash surrender value after 3 years' Premiums have been paid.
7) Riders can be availed by paying marginal additional premium. The policy offers Payor Benefit Rider, by the virtue of which all the premiums under the policy are waived in case of death/disability of payor/proposer.

People who wish to secure huge sums for the benefit of their family at an economical rate. It is most suitable for people with temporary insurance needs such as those who have recently purchased or financed a home.

1) Policy holder has option to select the term of 5,10,15 20 or 25 years subject to maximum age at maturity of 60 years. This apart, policy holder can opt for a policy to cover from his current age, till the time he attains an age of 60.
2) Premiums paid under the policy and for the Riders qualify for rebate under Section 88.
3) Riders enhance the benefits under the policy, which can be availed by paying marginal additional premium. The policy offers Personal Accident Benefit Rider, Waiver of Premium Rider, and Dread Disease Rider.

1) Built in Waiver of Premium Rider to protect the family in case of early demise of the life insured.
2) You can choose from 4 bonus options - Annual bonus payment, bonus used to offset premiums, bonus used to buy one-year term insurance and bonus used to buy Paid-up additions.
3) Cash Value available 3rd year onwards. Minimum 30% of the premiums paid excluding First Year premium.
4) Riders available - Accident Death Benefit, Critical Illness, Term, Term R&C.

It is a fixed term policy that combines savings with life cover. Policy can be chosen for a term of 10, 20, or 30 years.

People who want to grow their hard earned savings while enjoying insurance protection.

A fixed term policy with periodic payback of money at fixed intervals coupled with life insurance.10% of the sum assured is paid back every three years for the next 21 years, with the balance on the maturity of the policy. Alternatively, you can reinvest these returns with Tata AIG at a competitive interest rate.

1)Guaranteed Addition after 10 years of the policy. This amount will be added to the maturity amount at the end of the term.
2 ) Riders available :Accidental Benefits, Disability Benefits etc. to this product.

A fixed term policy that offers security to the family in case of an untimely death of the policyholder with the entire sum assured is paid to the family. Otherwise, on expiry of the policy term, the entire premiums paid are returned to the policy holder.

1)Guaranteed Addition after 5 years of the policy and can be added to the maturity amount at the end of the term.
2) Option to add any of the Accident Benefits riders.

Comprehensive hospital allowance policy covering prolonged hospitalisation, major surgery, critical illness, post hospitalisation fees and even the unfortunate event of your death.

People who wish to provide for prolonged hospitalisation, major surgery, critical illness, post hospitalisation fees and even death.

1) Policy provides for Hospitalisation Allowance, Surgical Benefit, Critical Illness Cover, Post Hospitalisation Benefit and Death cover.
2) Policy is purchased in the form of units and the benefits under each of the above sections depend on the number of units purchased. One can purchase any number of units between 1 and 10.
3) While most hospitalization policies reimburse for actual medical expenses, this policy gives a lump sum irrespective of expenses incurred.
4) Premiums are renewed every five years with constant premiums throughout the said 5 years period.
5) Premiums paid are eligible for tax benefits u/s 80D of IT Act 1961.
6) Policy can be claimed simultaneously with existing medical insurance policy.
7) Treatment has to be taken only at TATA AIG's pre-approved hospitals. However in case of emergencies one can be admitted to any other hospital for a maximum of five days, after which patient will have to be moved to any of the hospitals approved by TATA AIG.

Individuals who want Risk cover for whole life to help surviving dependants and are looking for a policy that matures when the policyholder reaches the ripe age of 60.

1) Guaranteed Addition after 10 years of the policy. This amount will be added to the maturity amount at the end of the term.
2) Riders available :Accidental Benefits, Disability Benefits etc. to this product.

A fixed term policy that offers security to the family in case of an untimely death of the policyholder. Policy can be chosen for a term of 1, 5, 10, 15, 20, 25 years or till 60 years of age.

A pension plan that offers guaranteed life cover and a guaranteed addition of 10 percent of sum assured every 5 years.

1) Policyholder can choose from three levels of cover, which would be the amount of Sum Assured - Rs 1 lakh, Rs 2 lakh and Rs 4 lakh.
2) Policyholder can choose the retirement age ? 55, 58 or 60 years of age.
3) Offers guaranteed addition of 10% of sum assured for every 5 years of premium paid.
4) For policyholders between 18 and 45 years of age, no medical examination is required. A health declaration will suffice.
5) Offers Rs 1 lakh as critical illness cover (after a 30 day survival period) in the first three years of the plan. Policyholder can avail of this benefit 180 days after signing up.
6) After 3 years, critical illness will be available as an optional rider subject to evidence of health and payment of additional premium.
7) Offers tax benefits u/s 80 CCC on your premium payments, irrespective of income level.