IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
Tata AIA Life Insurance Wealth Maxima Unit Linked Whole Life Individual Savings Plan maximizes your long term financial security.
(Linked insurance products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender / withdraw the monies invested in linked insurance products completely or partially till the end of the fifth year).
Choose from 18 funds options for enhanced investment opportunities and enjoy regular loyalty additions to boost your investments
Enhanced Systematic Money Allocation & Regular Transfer Investment Portfolio
Protect your loved ones and enhance your protection with three additional unit deducting riders*
As per Income Tax Act, 1961
In case of death of the life insured during the policy term and while the policy is in force, the Nominee / legal heir will get, Highest of:
In addition to this: Highest of:
is also payable provided the Policyholder has a Top-up Premium Fund Value. Deductible Partial Withdrawals are not applicable in case of Top-Up Sum Assured.
For purpose of determining the Death Benefit, the Deductible Partial Withdrawals mentioned above shall mean the Partial withdrawals made, (i) during the last two years immediately preceding the date of death of the Insured
On survival to the end of the policy term, you will receive the Total Fund Value which is sum of Regular/ Single Premium Fund Value and Top-Up Premium Fund Value valued at applicable NAV on the date of maturity.
As a reward for your loyalty, additional units at the rate of 0.20% of the units in each of the funds under the Regular Premium Account, 0.35% of units in each of the funds under the Single Premium Account, will be credited (post deduction of applicable charges) to the respective funds every policy anniversary starting from eleventh (11th) / (6th) Policy Anniversary respectively till the end of the policy term. The Loyalty Additions will be credited only if the policy is in force and all due premiums till date have been paid. Loyalty Additions are not payable on Top-up Premium Account.
|Minimum / Maximum Issue Age (Age last birthday)
|0 years (30 days) – 60 years
|Maximum Maturity Age
|100 minus Issue age
|Premium Paying Term
Limited Pay – 7/8/9/10/15 and 20 years
|Single, Annual, Semi-Annual, Quarterly, Monthly
|Minimum / Maximum Premium1
|Minimum – Single Pay – Rs. 5,00,000, Limited Pay – Rs. 2,50,000 p.a.
Maximum – No Limit
|Minimum / Maximum Basic Sum Assured2
|Single Pay – 1.25 times the Single Premium
Limited Pay – Higher of (10* AP) OR (0.5*Policy Term * AP )
(For the purpose of Basic Sum Assured, Policy Term = 70 minus Issue age)
AP refers to Annualized Premium.1Increase or decrease in Premium is not allowed under this plan. If Premium is the starting point, Premium should be chosen to be a multiple of Rs. 1000.
2Increase or decrease in Basic Sum Assured is not allowed under this plan. If Basic Sum Assured is the starting point, Basic Sum Assured should be next higher multiple of Rs. 1000. AP is Annualized Premium selected by the policyholder at the inception of the policy and it means the premium amount payable in a year excluding the taxes, rider premiums and underwriting extra premiums on riders, if any
Policy Charges: The charges under this plan are Premium Allocation Charge, Fund Management Charge, Policy Administration Charge, Fund Switching Charge, Discontinuance Charge & Mortality Charge. For more details on charges please refer the sales brochure.
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 PHONE CALLS AND FICTIOUS / FRAUDULENT OFFERS
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 Wealth Maxima with (UIN:110L114V04) 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.
DBS Bank India Limited does not underwrite the risk or act as an insurer. The Insurance products are offered and underwritten by respective insurance companies. 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. Customers are advised to take independent professional advice before participating. Insurance is a subject matter of solicitation
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