Tata AIG Life Insurance : Tata AIG Life Nirbhay Life

September 29th, 2007 Leave a comment Go to comments

Tata AIG Life has a whole new participating plan which will surprise you continually with its remarkable benefits. Premiums are payable only for the first 9 years, after which you will receive all your money and much more!

  • You can opt for a policy that lasts 12, 15 or 20 years.
  • During the term of the policy, you will receive 130% of the sum assured including coupons.

  • Tax Benefits, Additional Benefits and Age Eligibility

  • Premiums paid under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Any sum received under this plan is exempt from tax under section 10(10D) of the Income Tax Act, 1961.*
  • For insured age of less than 18 years, the Payor benefit is inbuilt.
  • For insured age of 18 years and above, waiver of premium and accidental death benefit are inbuilt.
  • Anyone in the age group 6 years – 55 years is eligible for the policy.
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