Dear mam
Long term stability and security have become more important than ever before, given the times we are living in. At Tata AIA Life, we have always believed in helping you
protect your dreams at various stages of life by ensuring that you are financially equipped.
Tata AIA Life Insurance Smart Value Income Plan helps you take one step closer to financial safety and achieve this objective.
Your plan details are as follows:
Policy term (Years) 38
Premium payment term (Years) 12
Mode of premium payment Annual
Premium Installment as per chosen mode incl. GST (Rs.) 209000
Cash Bonus Option Paid in cash
Frequency of Cash Bonus Annual
Special Date* NA
Proportion of Bonus paid in cash 100%
Proportion of Bonus paid in Sub-Wallet NA
*In case your special date under DCB option is before your policy issuance date then the revised special date will be day falling immediately after your policy issuance.
Any change related to premium payment mode, bonus payout frequency, cash bonus option and special date chosen under DCB option will not be allowed in future.
Other Key benefits:
Life Protect Feature – Continue your life cover1 even if you need to postpone premium payment due to loss of income and/or unemployment
Enhance your protection with optional Riders2
Tax benefits may be applicable on premiums paid and benefits received as per applicable tax laws3
Disclaimers: • ^These bonuses are not guaranteed in nature. The company may declare cash bonus annually in advance. The cash bonus, if declared, will be applicable
provided all due premiums have been paid • 1A monthly mortality charge will be levied.Please refer to terms and conditions for details. • 2Riders are optional and are
available for a nominal extra cost.For more details on benefits, premiums and exclusions under the rider please refer to the rider brochure or contactour Insurance Advisor
/ Intermediary or visit our nearest branch office. • 3Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfilment of conditions
stipulated therein.Income tax laws are subject to change from time to time.Tata AIA Life Insurance Company Ltd.Does not assumeresponsibility on tax implication
mentioned anywhere in this document.Please consult your own tax consultant to know the tax benefits available to you. • All Premiums are subject to applicable taxes,
cesses & levies which will entirely be borne by the policyholder along with the payment of Premium.If any imposition(taxor otherwise) is levied by any statutory or
administrative body under the Policy, Tata AIA Life Insurance Company Limited reserves the right to claim the same from the Policyholder.Alternatively, Tata AIA Life
Insurance Company Limited has the right to deduct the amount from the benefits payable by us under the Policy • Formore details on risk factors, terms and conditions,
please read sales brochure carefully before concluding a sale • This product is underwritten by Tata AIA Life Insurance Company Limited.The plan is not a guaranteed
issuance plan and it will be subject to company's underwriting and acceptance • UIN: 110N162V03• L&C/Misc/2024/Sep/0706
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.
BEWARE OF SPURIOUS
PHONE CALLS AND IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone
FICTITIOUS / FRAUDULENT calls are requested to lodge a police complaint.
OFFERS
BENEFIT ILLUSTRATION
Tata AIA Life Insurance Smart Value Income Plan
Name of the Prospect/Policyholder : mam Proposal No: Q17522130981694
Age (years): 62 Name of the Product: Tata AIA Life Insurance Smart Value Income Plan
Name of the Life Assured : mam Individual, Non-Linked Participating Life Insurance Savings
Tag Line:
Age (years): 62 Plan
Policy Term (years): 38 Unique Identification Number: 110N162V03
Premium Payment Term (years): 12 GST Rate : 4.50% for first year
Amount of Instalment Premium (Rs.): 209000 2.25% Second year onwards
Mode of Payment of Premium: Annual
Mode of Payment of Cash Bonus : Annual
How to read and understand this benefit illustration?
This benefit illustration is intented to show year-wise premiums payable and benefits under the policy, at two assumed rates of interest i.e., 8% p.a. and 4% p.a.
Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers guaranteed
benefits then these will be clearly marked "guaranteed" in the illustration table on this page. If your policy offers variable benefits then the illustrations on this page will show two different
rates of assumed future investment returns, of 8% p.a. and 4% p.a. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back, as
the value of your policy is dependent on a number of factors including future investment performance.
Policy Details
Policy Option Option 1 - Cash Bonus Sum Assured (Rs.) 2000000
Sum Assured on Death (at inception of the
Bonus Type Cash Bonus 2400000
policy) Rs.
Special Date No Type of Cash Bonus with Special Date NA
Rider Details
Utilization of rewards (if Wellness program
Tata AIA Vitality (Wellness Program): Yes Premium Discount
opted):
Details of Life Insured/Partner under the Benefit Premium
Benefit Payout
Return
Option Benefit Premium Sum p.a. Year 1
Rider Name / UIN^(Benefit Option / of
Benefit Payout Option) Income Income premium Option Payment Assured without Discount
Lumpsum Term Term (Rs.) GST (Rs.)
Name Age(yrs) Gender p.a. Duration option
(Rs.) (Rs.)
(Rs.) (yrs)
Premium Summary
Base Plan Riders Total Instalment Premium
Instalment Premium without GST (Rs.) 200000 0 200000
Instalment Premium with First year GST (Rs.) 209000 0 209000
Instalment Premium post applicable discount with First year GST (Rs.) 209000 0 209000
Instalment Premium with GST 2nd year onwards (Rs.) 204500 0 204500
Discount applicable and Installment Premium payable 2nd year onwards will depend on the Wellness status of the Insured
(Amount in Rupees.)
Total Benefits including Guaranteed and Non Guaranteed
Guaranteed Benefits Non - Guaranteed Benefits @4% p.a. Non - Guaranteed Benefits @8% p.a.
Benefits
Maturity Benefit Death Benefit
Total
Single/ Total Maturity Total Death
Policy Maturity Total Death
Annualised Guaranteed Special Special Benefit, Benefit,
Year Guaranteed Survival Death Maturity Reversionary Cash Surrender Reversionary Cash Surrender Benefit, Benefit,
Premium Surrender Surrender Surrender including including
Additions Benefit Benefit Benefit Bonus Bonus Benefits Bonus Bonus Benefit including including
Value Value Value Terminal Terminal
Terminal ofTerminal
Bonus, if any Bonus, if any
Bonus, if any Bonus, if any
@8% @8%
@4% @4%(6+8+TB)
(7+12+TB) (6+12+TB)
(7+8+TB)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
1 200000 0 0 0 2400000 0 0 24000 33609 33609 0 49000 49000 49000 0 0 2400000 2400000
2 200000 0 0 120000 2400000 0 0 24000 73638 120000 0 49000 98000 120000 0 0 2400000 2400000
3 200000 0 0 210000 2400000 0 0 24000 138213 210000 0 49000 147000 210000 0 0 2400000 2400000
4 200000 0 0 400000 2400000 0 0 24000 173788 400000 0 49000 215121 400000 0 0 2400000 2400000
5 200000 0 0 500000 2400000 0 0 24000 530325 530325 0 49000 558408 558408 0 0 2400000 2400000
6 200000 0 0 600000 2400000 0 0 24000 662442 662442 0 49000 731442 731442 0 0 2400000 2400000
7 200000 0 0 700000 2400000 0 0 24000 847944 847944 0 49000 942027 942027 0 0 2400000 2400000
8 200000 0 0 928000 2400000 0 0 24000 1055616 1055616 0 49000 1182949 1182949 0 0 2400000 2400000
9 200000 0 0 1170000 2400000 0 0 24000 1285464 1285464 0 49000 1446214 1446214 0 0 2400000 2400000
10 200000 0 0 1460000 2400000 0 0 24000 1535950 1535950 0 49000 1736283 1736283 0 0 2400000 2400000
11 200000 0 0 1760000 2400000 0 0 24000 1797400 1797400 0 49000 2063483 2063483 0 0 2400000 2400000
12 200000 0 0 2160000 2400000 0 0 24000 1984120 2160000 0 49000 2388120 2388120 0 0 2520000 2520000
13 0 0 0 2160000 2400000 0 0 24000 2062964 2160000 0 49000 2551964 2551964 0 0 2520000 2520000
14 0 0 0 2160000 2400000 0 0 24000 2147344 2160000 0 49000 2725344 2725344 0 0 2520000 2540000
15 0 0 0 2160000 2400000 0 0 24000 2233260 2233260 0 49000 2910260 2910260 0 0 2520000 2682000
16 0 0 0 2160000 2400000 0 0 24000 2322952 2322952 0 49000 3104952 3104952 0 0 2546000 2840000
17 0 0 0 2160000 2400000 0 0 24000 2416696 2416696 0 49000 3309696 3309696 0 0 2624000 3008000
18 0 0 0 2160000 2400000 0 0 24000 2512240 2512240 0 49000 3528240 3528240 0 0 2702000 3192000
19 0 0 0 2160000 2400000 0 0 24000 2610100 2610100 0 49000 3757100 3757100 0 0 2782000 3390000
(Amount in Rupees.)
Total Benefits including Guaranteed and Non Guaranteed
Guaranteed Benefits Non - Guaranteed Benefits @4% p.a. Non - Guaranteed Benefits @8% p.a.
Benefits
Maturity Benefit Death Benefit
Total
Single/ Total Maturity Total Death
Policy Maturity Total Death
Annualised Guaranteed Special Special Benefit, Benefit,
Year Guaranteed Survival Death Maturity Reversionary Cash Surrender Reversionary Cash Surrender Benefit, Benefit,
Premium Surrender Surrender Surrender including including
Additions Benefit Benefit Benefit Bonus Bonus Benefits Bonus Bonus Benefit including including
Value Value Value Terminal Terminal
Terminal ofTerminal
Bonus, if any Bonus, if any
Bonus, if any Bonus, if any
@8% @8%
@4% @4%(6+8+TB)
(7+12+TB) (6+12+TB)
(7+8+TB)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
20 0 0 0 2160000 2400000 0 0 24000 2712528 2712528 0 49000 4002528 4002528 0 0 2868000 3606000
21 0 0 0 2160000 2400000 0 0 24000 2815524 2815524 0 49000 4258524 4258524 0 0 2958000 3840000
22 0 0 0 2160000 2400000 0 0 24000 2921364 2921364 0 49000 4531364 4531364 0 0 3052000 4096000
23 0 0 0 2160000 2400000 0 0 24000 3028552 3028552 0 49000 4819552 4819552 0 0 3150000 4372000
24 0 0 0 2160000 2400000 0 0 24000 3139352 3139352 0 49000 5125352 5125352 0 0 3250000 4676000
25 0 0 0 2160000 2400000 0 0 24000 3244040 3244040 0 49000 5445040 5445040 0 0 3354000 5002000
26 0 0 0 2160000 2400000 0 0 24000 3347108 3347108 0 49000 5781108 5781108 0 0 3466000 5360000
27 0 0 0 2160000 2400000 0 0 24000 3453096 3453096 0 49000 6122096 6122096 0 0 3574000 5750000
28 0 0 0 2160000 2400000 0 0 24000 3556520 3556520 0 49000 6472520 6472520 0 0 3684000 6174000
29 0 0 0 2160000 2400000 0 0 24000 3662148 3662148 0 49000 6833148 6833148 0 0 3804000 6634000
30 0 0 0 2160000 2400000 0 0 24000 3762268 3762268 0 49000 7200268 7200268 0 0 3930000 7124000
31 0 0 0 2160000 2400000 0 0 24000 3860644 3860644 0 49000 7571644 7571644 0 0 4060000 7658000
32 0 0 0 2160000 2400000 0 0 24000 3949072 3949072 0 49000 7777072 7777072 0 0 4200000 8246000
33 0 0 0 2160000 2400000 0 0 24000 4023820 4023820 0 49000 7938820 7938820 0 0 4350000 8892000
34 0 0 0 2160000 2400000 0 0 24000 4081212 4081212 0 49000 8111212 8111212 0 0 4506000 9604000
35 0 0 0 2160000 2400000 0 0 24000 4111264 4111264 0 49000 8296264 8296264 0 0 4672000 10382000
36 0 0 0 2160000 2400000 0 0 24000 4099536 4099536 0 49000 8495536 8495536 0 0 4848000 11232000
37 0 0 0 2160000 2400000 0 0 24000 4023600 4023600 0 49000 8710600 8710600 0 0 5036000 12154000
38 0 0 0 0 2400000 2520000 0 24000 3854000 3854000 0 49000 8944000 8944000 5308000 9934000 5308000 13096000
Note : Annualised premium shall be the premium payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loading for modal premiums, if any.
Refer Sales literature for explanation of terms used in the illustration.
1. In case Cash Bonus has been paid out, all cash bonuses paid up to the date of surrender shall be deducted from the Surrender benefit shown above, at the time of payout.
2. Surrender value illustrated above is end of the policy year value. Special Surrender value may be revised depending on the prevailing market conditions.
3. The death benefits shown above are at the end of the year. Upon payment of death benefit the policy terminates and no further benefit is payable.
4. If Special Date with Discounted Cash Bonus is opted, the survival benefit values mentioned here are indicative based on the date on which this benefit illustration was generated for this policy. The
actual payout will be as per the policy commencement date of your policy as mentioned in your Policy Schedule.
5. Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Tata AIA Life Insurance Company Ltd. does not assume
responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.
6. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
7. Any statutory levy or charges (such as Goods and Service tax) including any indirect tax may be charged to the Policyholder either now or in future by the company and such amount so charged shall
become due and payable and shall be subject to the same terms and conditions as applicable to payment of premium.
All premiums payable under the policy are subject to the applicable taxes, duties, surcharge, cesses or levies assessed as per the prevailing tax laws or directions from the competent court of law, which will
be entirely borne/ paid by the Policyholder, in addition to the payment of such Premium.
I, …...................... (name), have explained the premiums and benefits under the product fully to I, mam , have received the information with respect to the above, have understood the above
the prospect / policyholder. statement before entering into the contract.
Place:
Date: 11-Jul-2025 Date: 11-Jul-2025
Signature of Agent / Intermediary / Official Signature of Prospect / Policyholder
Unique Reference Number - L&C/Advt/2024/Sep/2772 (Rider - L&C/Advt/2022/Sep/2271)
Tata AIA Life Insurance Company Ltd. (IRDA of India Regn No. 110) (CIN: U66010MH2000PLC128403)
Registered and 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 more information, Call the Tata AIA Life Insurance Company Ltd Helpline number1860-266-9966 (local charges apply) or Visit us at: www.tataaia.com
