In addition to offering guaranteed returns* for the money you invest, this limited pay income plan helps you plan for the future while protecting your loved ones.
Choose between regular income or endowment options. Pay for 7/10/12 years, get guaranteed* life cover for 15/21/25 years
With optional Riders1
Ranging from 120% to 160% of the Annualized Premium under Regular Income Option based upon premium payment term chosen
as per the applicable Income Tax laws
“Minimum Guaranteed Sum Assured on Maturity” refers to the absolute amount of benefit which is guaranteed to become payable on Maturity of the Policy. Minimum Guaranteed Sum Assured on Maturity is equal to 'Guaranteed Maturity Payout (GMP)' for Option II and 'Guaranteed Maturity Payout (GMP)' plus final Guaranteed Payout (GP) in case of Option I.
“Annualized premium” shall be the premium amount payable in a year chosen by the Policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.
"Total Premiums paid " means total of all the premiums received, excluding any extra premium, any rider premium and taxes.
Applicable taxes, cesses and levies shall be collected separately over and above the Policy premiums.
Absolute amount assured to be paid on death is the Basic Sum Assured.
The Policy will terminate upon the death of the Insured and no other benefit under the Policy shall be payable.
Option I: Regular Income;
|Age at Entry (years)#||3 for PPT 7
0 (30 days) for PPT 10 and 12
|Age at Maturity (years)#||18||For PT 15: 65
For PT 21: 71
For PT 25: 75
|Policy Term (PT) (years)||15/21/25|
|Premium Payment Term (PPT) (years)||7 for PT 15/ 10 for PT 21 /12 for PT 25|
|Basic Sum Assured||11 times Annualised Premium|
(Premium in multiples of 1000)
|For Option I: 18,000
For Option II: 36,000
|No Limit subject to Board approved underwriting policy|
|Premium Payment Mode||Annual/ Half-yearly / Quarterly/ Monthly|
*All reference to age is as on last birthday.
DBS Bank India Limited (CA0257) is the Corporate Agent of Tata AIA Life Insurance Company Limited and does not underwrite the risk or act as an insurer. DBS Bank India Limited, Ground Floor, Express Towers, Nariman Point, Mumbai-400021. Participation by the Bank’s clients in the insurance products is purely on a voluntary basis. The contract of insurance is between Tata AIA Life and the insured and not between the bank and the insured.
Tata AIA Life Insurance Company Limited (IRDAI Regn. No.110 – CIN: U66010MH2000PLC128403). Registered & Corporate Office: 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai – 400013. Trade logo displayed above belongs to Tata Sons Ltd and AIA Group Ltd. and is used by Tata AIA Life Insurance Company Ltd under a license. For any information including cancellation, claims and complaints, please contact our Insurance Advisor / Intermediary or visit Tata AIA Life’s nearest branch office or call 1-860-266-9966 (local charges apply) or write to us at [email protected]. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888.
|Beware of Spurious / Fraud Phone calls!
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
DBS Bank India Limited (IRDA of India Registration Number: CA 0257) having the registered office at GF: Nos. 11 & 12, Capitol Point BKS Marg, Connaught Place, Delhi - 110001 is the Corporate Agent of Tata AIA Life Insurance Company Limited (IRDA of India Regn. No.110) CIN: U66010MH2000PLC128403 having the Registered office/principal place of business at 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai - 400013. DBS Bank India Limited (Bank) does not underwrite the risk or act as an insurer. The Tata AIA Life Insurance Smart Income Plus with UIN: 110N126V04 is underwritten by Tata AIA Life Insurance Company Limited. The contract of insurance is between the insurer and the insured and not between the Bank and the insured. Bank does not give any warranty, as to the accuracy and completeness of the policies. Bank does not accept any liability or losses attributable to your contract of Insurance. Participation by the Bank’s customers in the insurance products is purely on a voluntary basis and is not linked to availment of any other facility from the bank. ISNP registration valid.
The contents and product information of this web site are given strictly for your convenience and is indicative in nature and ‘as is’ received from the Insurer. Nothing contained herein is to be construed as advice, recommendation, offer for a policy or any other assistance. Bank does not guarantee that this website reflects latest amendments/ information at all times or at any time. Bank shall have no liability to the customer for any loss or damage of any kind incurred for reliance on the content and product information available on this website.
For more details on risk factors, terms and conditions, exclusions, please read sales brochure of insurer and policy terms and conditions carefully before concluding a sale. Tax benefits are available as per the prevailing tax laws, which are subject to change.
For any information including cancellation, claims and complaints, please contact our Treasures Relationship Manager or visit DBS Bank India’s nearest branch office or Contact our 24-hour toll free customer service helpline number 1-800-209-4555 / 1-860-267-1234 or our overseas customer service number 91-44-66854555 or write to us at [email protected]. Visit us at: www.dbs.com/in