Dear Gaurav Khanduri,
Congratulations on choosing Tata AIA Life Insurance. You have taken a step ahead to secure the future of your loved ones with a death cover of
₹ 1,00,00,000. Please go through the details of your quote and contact your advisor who will assist you to purchase this plan.
Your Policy benefits are as follows:
Total Death benefit under SRS Vitality Protect: ₹ 1,00,00,000
Tata AIA Sampoorna Raksha Supreme ₹ 50,00,000 Refer Table A in Benefit Illustration
Powered by:
Term Booster ₹ 50,00,000 Refer Table B in Benefit Illustration
What are the benefits of this Solution?
We are delighted that you have decided to secure your loved ones' financial future with a Death Benefit of ₹ 1,00,00,000 through our exclusive solution – Tata AIA Life Insurance Sampoorna Raksha
Supreme Vitality Protect.This solution is powered by Tata AIA Life Insurance Sampoorna Raksha Supreme and Term Booster (Tata AIA Life Insurance Vitality Protect).
Please refer to the policy schedule and SIS for other details.
At Tata AIA Life Insurance, we are committed to help you with solutions that will provide Sampoorna Rakshakaran to your family so that you can enjoy life without any worries.
Best Wishes
Venkatachalam Iyer
CEO & Managing Director
Authorised Signatory
*The discount is available under TATA AIA Vitality Wellness Program. Please refer TATA AIA Vitality Protect terms and conditions for more details.
Vitality is a trademark licensed to Tata AIA Life by Amplify Health Assets PTE. Limited, a joint venture between Vitality Group International, INC. and AIA Company Limited. The assessment under the wellness program shall not be considered as a medical advice or a substitute to a consultation/treatment by a professional medical practitioner.
SRS Vitality Protect is a term solution which includes TATA AIA Life Insurance Sampoorna Raksha Supreme, a non-linked, non-participating, individual life insurance plan (UIN: 110N160V05) and TATA Vitality Protect, a non-linked, non-participating, individual health rider (UIN: 110B046V03). L&C/Misc/2024/May/0312
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 customercare@tataaia.com. Visit us at: www.tataaia.com
BEWARE OF SPURIOUS PHONE 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
CALLS AND FICTITIOUS / FRAUDULENT OFFERS
BENEFIT ILLUSTRATION
Tata AIA Life Insurance Sampoorna Raksha Supreme
Name of the Prospect/Policyholder : Gaurav Khanduri Proposal No: 94558870349
Age (years) : 34 Name of the Product: Tata AIA Life Insurance Sampoorna Raksha
Gender: Male Supreme
Name of the Life Assured : Gaurav Khanduri Tag Line: Non-Linked, Non-Participating Life Insurance Plan
Age (years) : 34 Unique Identification Number: 110N160V05
Gender: Male GST Rate Year 1: 4.50%
Smoker : Yes GST Rate Year 2 onwards: 2.25%
Policy Term : 26 years 00 Months
Premium Payment Term : 12 years 00 Months
Amount of Instalment Premium (Rs.) : 62,979
Mode of Payment of Premium : Annual
This benefit illustration is intended to show year-wise premiums payable and benefits under the policy.
Policy Details (A)
Policy Option: Life plus option Lumpsum(Rs): 50,00,000
Sum Assured (Rs): 50,00,000 Income Duration (months): 0
Sum Assured on Death (at inception of the policy) (Rs): 50,00,000 Income p.a (Rs): 0
Rider Details (B)
Tata AIA Vitality (Wellness Program): Yes Utilisation of Rewards (if Wellness program opted) Premium Discount
Details of Life Insured/Partner under the Benefit Option Benefit Payout Return Premium
Rider Name / UIN^(Benefit Option / Benefit of Benefit Premium Sum p.a. Year 1
Income Income Option Payment Assured without Discount
Payout Option) Name Age(yrs) Gender Lumpsum (Rs.) p.a. Duration premium
(Rs.) (yrs) option Term Term (Rs.) GST (Rs.) (Rs.)
VP - Term Booster (Lumpsum Benefit)# Gaurav Khanduri 34 M 50,00,000 0 0 Yes 26 12 50,00,000 27,600 4,499
VP - Accidental Death (Lumpsum Benefit) Gaurav Khanduri 34 M 2,00,000 0 0 Yes 26 12 2,00,000 322 38
VP - Accidental Total & Permanent Disability Gaurav Khanduri 34 M 2,00,000 0 0 Yes 26 12 2,00,000 264 31
(Lumpsum Benefit)
VP - CritiCare Plus (Lumpsum Benefit) Gaurav Khanduri 34 M 2,00,000 0 0 Yes 26 12 2,00,000 2,050 334
VH - Hospi Care (Lumpsum Benefit) Gaurav Khanduri 34 M 2,00,000 NA NA Yes 26 12 2,00,000 2,432 265
^VP: Tata AIA Vitality Protect, (A Non-Linked, Non- Participating Individual Health rider, UIN:110B046V03)
^VH Tata AIA Vitality Health, (A Non-Linked, Non- Participating Individual Health rider, UIN:110B045V02)
#Premium calculated for Term Booster on Gaurav Khanduri is considering underwriting class as Elite
Premium Summary
Base Plan Riders Total Instalment Premium
Instalment Premium without GST (Rs.) 27,600 32,668 60,268
Instalment Premium with First year GST (Rs.) 28,842 34,137 62,979
Instalment Premium post applicable discount with First year GST (Rs.) 26,823 28,739 55,562
Instalment Premium with GST 2nd year onwards (Rs.) 28,221 33,403 61,624
Discount applicable and Installment Premium payable 2nd year onwards will depend on the Wellness status of the Insured
Total Discount for first year premium Includes - Online Discount (7%)
(Amount in Rupees)
Guaranteed # Non - Guaranteed #
Policy Year Single/ Annualized
Premium Survival Benefit / Loyalty Min Guaranteed Surrender
Other Benefits, if any Maturity Benefit* Death Benefit Special Surrender Value $
Additions Value $
1 27,600 NA NA 0 50,00,000 0 0
2 27,600 NA NA 0 50,00,000 16,560 10,433
3 27,600 NA NA 0 50,00,000 28,980 16,519
4 27,600 NA NA 0 50,00,000 55,200 24,343
5 27,600 NA NA 0 50,00,000 69,000 31,878
6 27,600 NA NA 0 50,00,000 82,800 41,731
7 27,600 NA NA 0 50,00,000 96,600 52,744
8 27,600 NA NA 0 50,00,000 1,14,816 64,915
9 27,600 NA NA 0 50,00,000 1,34,136 78,246
10 27,600 NA NA 0 50,00,000 1,57,320 92,736
11 27,600 NA NA 0 50,00,000 1,79,124 1,08,385
12 27,600 NA NA 0 50,00,000 2,02,032 1,28,671
13 0 NA NA 0 50,00,000 2,08,656 1,39,104
14 0 NA NA 0 50,00,000 2,18,592 1,46,059
15 0 NA NA 0 50,00,000 2,25,216 1,59,970
16 0 NA NA 0 50,00,000 2,31,840 1,70,402
17 0 NA NA 0 50,00,000 2,38,464 1,84,313
18 0 NA NA 0 50,00,000 2,45,088 1,94,746
19 0 NA NA 0 50,00,000 2,55,024 2,12,134
20 0 NA NA 0 50,00,000 2,61,648 2,26,044
21 0 NA NA 0 50,00,000 2,68,272 3,14,640
22 0 NA NA 0 50,00,000 2,74,896 3,14,640
23 0 NA NA 0 50,00,000 2,84,832 3,14,640
24 0 NA NA 0 50,00,000 2,91,456 3,14,640
25 0 NA NA 0 50,00,000 2,98,080 3,31,200
26 0 NA NA 3,47,760 50,00,000 2,98,080 3,47,760
Note "Annualized Premium” shall be the premium payable in a year under a non-single pay option chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums, loading for modal premiums, if any.
"Single Premium” shall be the premium payable under a single pay option chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums, if any.
* Maturity benefit will be equal to 105% of the Total Premiums Paid (excluding loadings for the modal premium).
$ Surrender value payable (if any) is higher of Guaranteed Surrender value and Special Surrender value and is available provided at least full two years premium is paid. Surrender value illustrated above is the end of the policy year value.
#The benefits illustrated are as at the end of the policy year.
This plan has an inbuilt benefit called “Payor Accelerator Benefit” wherein a benefit amount equal to 50% of the Base SA as on the date of diagnosis is paid out as lump sum on acceptance of a Terminal Illness (TI) claim by the company. Upon
payment of the TI claim, the policy continues and any due premiums continue to remain payable. Please refer to the Sales Literature for further details.
The rider sum assured shall remain unchanged for a period as specified under ‘Guaranteed Period’ from the Date of Commencement of the benefit option. Upon the completion of ‘Guaranteed Period’, the sum assured as applicable for the
benefit option may be revised or the policyholder may be given an option of top up premium to restore the benefit to original amount, subject to IRDAI’s approval. The top up premium may be payable as a single premium/ level premium
during the block of next guarantee period. The requirement of paying the Top up premium in order to continue with the current level of benefit may be applicable even after expiry of limited pay premium term.
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.
Policy sourced through Digital/Online mode.
I, …...................... (name), have explained the premiums and benefits under the product fully to the prospect / I, Gaurav Khanduri, having received the information with respect to the above, have understood the above
policyholder. statement before entering into the contract.
Place:
Date: 08 Aug 2024 Date: 08 Aug 2024
Signature of Agent / Intermediary / Official Signature of Prospect / Policyholder
Unique Reference Number - L&C/Advt/2024/May/1406 (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
Summary of Benefits
TATA AIA Life Insurance SRS Vitality Protect Total Death Benefit (₹) First Year Annual Premium (incl.tax) (₹)
TATA AIA Sampoorna Raksha Supreme 50,00,000 26,823
TATA AIA Vitality Protect - Term Booster* 50,00,000 24,141
Total 1,00,00,000 50,964
Summary of Additional Riders:
Sum Assured (₹) First Year Annual Premium (incl.tax) (₹)
Accidental Death (Lumpsum Benefit)* 2,00,000 297
Accidental Total & Permanent Disability (Lumpsum Benefit)* 2,00,000 243
CritiCare Plus (Lumpsum Benefit)* 2,00,000 1,793
Hospi Care (Lumpsum Benefit)* 2,00,000 2,265
Total premium payable in first year incl. taxes ₹ 55,562
*The premiums are inclusive of Tata AIA Vitality Wellness discount
For Life Plus option, Maturity Benefit## is ₹ 6,78,960
##The illustrated maturity benefit is for SRS Vitality Protect solution. The actual Maturity benefit will vary based on wellness discounts and additional riders, if chosen.
Disclaimers: The above tables summarize first year premium. Renewal premium will be subject to the wellness status achieved by Life Assured as per the term and conditions of respective rider. SRS Vitality Protect is a term solution which includes TATA AIA Life Insurance Sampoorna Raksha
Supreme, a non - linked, non - participating, individual life insurance plan (UIN: 110N160V05) and TATA Vitality Protect, a non - linked, non - participating, individual health rider(UIN: 110B046V03) • L&C/Misc/2022/Oct/0488.
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 customercare@tataaia.com. Visit us at: www.tataaia.com
BEWARE OF SPURIOUS PHONE 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
CALLS AND FICTITIOUS / FRAUDULENT OFFERS
