Non-Linked, Participating Individual Life Insurance Savings Plan
There are essential life goals like retirement planning, and there are major life goals like buying your dream house. No matter what your individual goals and your family’s dreams may be, savings plans can help you achieve them on time. With guaranteed income that enables you to check off all the milestones even later in life, these plans give you the financial security you need to safeguard your future.
Secure the dreams and goals of your family with the Diamond Savings Plan from Tata AIA Life Insurance. The plan gives you the benefit of a life cover, along with an element of disciplined savings, which help you achieve your dreams.
Key Benefits
Guaranteed income after the premium payment term
Vested Compound Reversionary Bonus and Terminal Bonus, if any on Maturity
Life insurance coverage to secure the future of your loved ones
Enhanced protection through optional riders
You have the flexibility to plan your future goals with guaranteed income
You can choose any of the additional riders to increase the protection offered
The plan gives you the freedom to pay premiums for limited periods
You can choose to pay your premiums annually, semi-annually, quarterly or monthly
You have the option to avail a loan against your policy
You can avail tax benefits as per the applicable tax law