Tata AIA Life Insurance Smart Sampoorna Raksha Plan
Tata AIA Life Smart Sampoorna Raksha Insurance Plan is an investment cum insurance plan. You can invest your money in a large number of funds, ranging from pure equities to fixed income, and their combinations depending on your risk profile. The plan rewards you for staying invested for long by returning the twice the premium allocation charges, twice the mortality charges collected and cover continuance booster. We shall understand these better in the sections below.
| Plan Name | Tata AIA Life Smart Sampoorna Raksha |
| Policy Type | ULIP |
| Category | Non-participating |
| UIN | 110L156V01 |
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Tata AIA Life Insurance Smart Sampoorna Raksha Plan - Key Features
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You can choose from the following 11 Fund Options. Premium Allocation Charge In case of death of the policyholder, the nominee will get the highest of the following: On the completion of the policy term, the Total Fund Value, including Top Up Fund Value will be paid to the policyholder. At the end of the 10th, 11th and 12th year, twice the amount collected as Premium Allocation Charges will be refunded to the policy in the form of In case the Fund Value drops below the prescribed levels for continuing the policy, the company will add units to keep it active. Such scenarios oc In case of any emergency requirement of funds, you can make partial withdrawals from your policy after 5 years have been completed. Four partial wi Top Up Premiums Discontinuance of Premium - In case the premiums are not paid even after the grace period, within the period of 5 years from purch In case of death of the polilcyholder due to suicide with 12 months of commencement of risk, the nominee shall be paid the fund value as on date of intimation of death of the policyholder. This pretty much explains the working of this plan. In case you have any questions on this plan, please drop a comment and we will get back to you.
Fund<...
This charge is deducted from the premiums you pay and the balance is then used to buy the funds of Tata AIA Life Insurance Smart Sampoorna Raksha Plan - Benefits
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In case you wish to invest more money into the plan, you can do so anytime before the last 5 years of the polEligibility - Tata AIA LIfe Smart Sampoorna Raksha Plan
Parameter
Minimum
Maximum
Entry Age
18 years
60 years
Max Age at Maturity
48 years
100 years
Policy Term
30 years
40 years
Premium Paying Term
Limited Pay - 5, 10 & 12 years
Regular Pay - Same as policy term
Premium Payment Mode
Only Annual
Minimum Premium
Limited Pay 5 years - Rs. 60,000
Others - Rs. 18,000
Top Up Premium - Rs. 5,000Suicide Exclusion
