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Tata AIG Life Shubhlife | TATA AIG Life Insurance

The Tata AIG Life ShubhLife provides the customer with 100% insurance security along with a range of bonus. The premiums are very low and are parallel to the endowment policy.

The eligibility of Tata AIG Life ShubhLife depends according to the endowment plan. The eligibility is;

  • Endowment Plan – 10 Years
  • Age Eligibility – 18 to 65 Years
  • Endowment Plan – 15 Years
  • Age Eligibility – 18 to 60 Years
  • Endowment Plan – 20 Years
  • Age Eligibility – 18 to 55 Years
  • Endowment Plan – 25 Years
  • Age Eligibility – 18 to 50 Years
  • Endowment Plan – 30 Years
  • Age Eligibility – 18 to 45 Years

The key features of Tata AIG Life ShubhLife are:

  • Term policies gives the policy holder death cover.
  • This policy gives the insured bonuses beside with death cover.
  • The customer has the choice to choose from a term of 10, 15, 20, 25 or 30 years.
  • Apart from full premium paying term, the insured person also has the opportunity to pay the premiums over 3, 5, 7 or 10 years.
  • A simple reversionary bonus will be credited from the 6th policy anniversary till the end of the plan term calculation on the performance of our Company.

Guaranteed addition of 3% of sum assured of the Basic Policy is added on the first (1st) policy anniversary and on every alternate policy anniversary after that up till a maximum of half the policy term. The GA will be payable if the policy holder dies while the policy has been in force or if the policy matures.

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