Tata AIG | Life Jeevan Lakshya Plan

Everyone wants financial support for fulfill their desire and as an investor you look a fine solution for wealth creation and protection.

Tata AIG Life Jeevan Lakshya Plan is a fine unit linked policy which provides double benefit of money and protection with just a health declaration. You will get financial support to complete your desire because it works like a plastic money saver also.

Key Features:

 You can pay premium according your convenience for 15/20/25/30 years.
 Minimum premium you can pay 18000/-
 Maximum premium you can pay 50000/-
 Premium mode is annually, half yearly, quarterly and monthly.
 Premium has to pay regularly.
 This insurance policy provides sum assured of 5 times the annualized premium.
 You can choose six investments fund options Equity fund, Income fund, Aggressive growth fund, Stable growth fund, Short term fixed income fund and select equity fund.

Eligibility:

Minimum age required 30days.
Maximum age required 60years.

Benefits of Jeevan Lakshya Plan:

(1) Death Benefit:
If insured person will die previous to maturity date of policy, the nominee will get higher of (i) from the regular premium account, the Sum assured net of all deductible partial withdrawals, if any, or (ii) and the fund value of regular premium at valid unit cost.
In addition to this, the death benefit will be higher for each top-up of (i) from the top-up account, the approved Top-up Sum Assured(s) net of all Deductible partial Withdrawals, if any, or (ii) Top-up Fund Value at valid unit cost.

(2)Maturity Benefits:
At the time of maturity, you will get the total fund value of the regular premium account plus the value of the top-up premium account (if applicable) according the valid unit cost with the maturity bonus the same to 3% of the regular premium fund value. No part of Maturity Bonus is payable on the surrender / slip / extinction & on death.

(3)Rider:
This plan provides you Tata AIG life accidental death benefit limited underwriting rider (UIN:110A018V01) for age 18 to 50 years with some extra charge. So at the time of any certain expense you will get financial help. Rider cover cannot go above the basic policy cover.

(4)Tax Benefit:
Whatever the premium you would pay on that you will get tax benefit under section 80c.

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