Tata AIG Life Assure 21 Years Money Saver is a participating money-back plan that gives you an opportunity to fulfill short-term goals by providing Guaranteed Benefits and Additions and also secures your family’s future in times of insecurity.
This plan gives you the dual benefits of life insurance coverage plus the flexibility of periodic payments which makes it a perfect way to cater to your children’s needs when they need you the most.
Key Features -
- Guaranteed coupons of 10% of Sum Assured every 3 years from 3rd policy anniversary to meet your periodic short-term and mid-term goals
- On maturity, you get
- Final coupon of 40% of Sum Assured, plus
- Guaranteed Loyalty Addition* of 10% of Sum Assured, plus
- Compound Reversionary and Terminal Bonuses**
- On death of the insured, the nominee gets
- Sum Assured, plus
- Guaranteed Loyalty Addition* of 10% of Sum Assured, plus
- Compound Reversionary and Terminal Bonuses**
- Option to opt for Riders for ‘added protection’ at nominal extra cost
- Tax benefits u/s 80C and 10(10D) of the Income Tax Act, 1961
* In case the policy has been in force for 10 years;
** Depending on company performance
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