Tata AIA Guaranteed Monthly Income
  • Large Premium Boost
  • Guaranteed Monthly Income
  • 3D cover
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Tata AIA Guaranteed Monthly Income

Invest Smartly with Tata AIA Monthly Income Plan – Guaranteed Income and Assured Life Cover.

Tata AIA Life Insurance Guaranteed Monthly Income Plan is a two-in-one life insurance plan that ensures a regular income with the benefit of assured life cover. You'll get a steady flow of guaranteed monthly income between 8.35% to 13.03% per annum of your yearly premiums. 

Under this plan, you can pay premiums for 5, 8, or 12 years (PPT) and receive your monthly income for 10, 16, or 24 years. The plan allows you to increase base cover with optional riders to stay protected against the 3Ds – Death, Disability, and Disease. Depending on your premium amount, you can even improve your monthly income benefit with Large Premium Boost. With this feature, you can increase your monthly income if you opt for a higher premium.

Tata AIA Guaranteed Monthly Income Plan offers you a range of benefits including:

why-choose
  • Death benefits
  • Maturity benefits
  • Guaranteed income
  • Convenient income term
  • Premium boosters

Eligibility Criteria for Tata AIA Guaranteed Monthly Income

Your Occupation

Entry age

Minimum Age - 6 years Maximum Age - 13 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age- 67 years

Your Gender

Policy tenure

5 to 12 years

Maternity Benefit Rider

Premium payment term

5 to 12 years

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly, quarterly & monthly

Maternity Benefit Rider

Sum assured

11 times the Annualized Premiums

How Does the Tata AIA Guaranteed Monthly Income Plan Work?

Let's understand how the Tata AIA Guaranteed Monthly Income Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mrs. Verma is looking for an investment plan to create long-term wealth for her child.

Solution

Her financial advisor advised her to buy the Tata AIA Guaranteed Monthly Income Plan. She visited PolicyX.com

Features of Tata AIA Guaranteed Monthly Income

Here are some features of Tata AIA Guaranteed Monthly Income:

Tata AIA Investment Plans

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Unique Features

  • Compound Reversionary Bonus
  • Large Scale Discounts
  • Guaranteed Income

Diamond Savings Plan (Pros)

Diamond Savings Plan
  • Guaranteed Maturity Benefit
  • Compound Reversionary
  • Terminal Bonus

Diamond Savings Plan (Cons)

Diamond Savings Plan
  • No Plan Options
  • No High Sum Assured Rebate
  • No Auto Cover Continuance
  • Guaranteed Additions

Diamond Savings Plan (Other Benefits)

Diamond Savings Plan
  • Guaranteed Death Benefit
  • Guaranteed Income
  • Large Scale Discounts

Diamond Savings Plan (Eligibility Criteria)

Diamond Savings Plan
  • Minimum entry age- 0 year
  • Maximum entry age- 50 years
  • Sum assured- 11 times of the Annualised Premium
  • Maximum policy term- 25 years

Tata AIA Gold Income Plan is a non-liked individual life insurance saving plan. This plan is designed to offer guaranteed returns and life insurance p...

Unique Features

  • Get guaranteed income
  • Income booster available
  • Enhanced protection through riders

Gold Income Plan (Pros)

Gold Income Plan
  • Get guaranteed income
  • Income booster available
  • Enhanced protection through riders

Gold Income Plan (Cons)

Gold Income Plan
  • Suicide does not covered
  • Air accidents not covered

Gold Income Plan (Other Benefits)

Gold Income Plan
  • Increasing income with Income Boosters
  • Guaranteed income starting @12% of basic SA
  • Pay for 5/12 years for policy term of 12/15 years

Gold Income Plan (Eligibility Criteria)

Gold Income Plan
  • Minimum entry age- 3 year
  • Maximum entry age- 65 years
  • Sum assured- Annualised Premium x Basic SA Multiple
  • Maximum policy term- 15 years

Invest smartly with Tata AIA Smart Income Plus – secure savings, guaranteed income, and financial security. A wise man once said, 'Be ready for ...

Unique Features

  • Income/Endowment Option
  • Premium Boost Discounts
  • 2 Optional Riders

Tata AIA Smart Income Plus Plan (Pros)

Tata AIA Smart Income Plus Plan
  • Income/Endowment Option
  • Premium Boost Discounts
  • 2 Optional Riders

Tata AIA Smart Income Plus Plan (Cons)

Tata AIA Smart Income Plus Plan
  • Suicide within 12 months not covered
  • Consumption of any intoxicants
  • Death due to any aviation accident
  • Death due to any adventurous sports

Tata AIA Smart Income Plus Plan (Other Benefits)

Tata AIA Smart Income Plus Plan
  • Guaranteed Maturity Benefit
  • Flexibility to choose plan options
  • Guaranteed Death Benefit
  • Regular Income

Tata AIA Smart Income Plus Plan (Eligibility Criteria)

Tata AIA Smart Income Plus Plan
  • Minimum entry age- 0 year
  • Maximum entry age- 50 years
  • Sum assured- 11 times Annualized Premium
  • Maximum policy term- 25 years

Tata AIA Fortune Guarantee Plus by Tata AIA Life Insurance is an individual non-linked life insurance savings plan. It is designed to provide the dual...

Unique Features

  • Guaranteed annual income
  • Joint life option
  • 2% online discount for women

Fortune Guarantee Plus (Pros)

Fortune Guarantee Plus
  • Guaranteed annual income
  • Joint life option
  • 2% online discount for women

Fortune Guarantee Plus (Cons)

Fortune Guarantee Plus
  • Death due to any aviation accident
  • Death due to adventurous sports
  • Suicidal death

Fortune Guarantee Plus (Other Benefits)

Fortune Guarantee Plus
  • Choice of income period
  • Option to choose joint life policy
  • Return of premium option

Fortune Guarantee Plus (Eligibility Criteria)

Fortune Guarantee Plus
  • Entry Age: Minimum Age - 1 year Maximum Age - 60 years
  • Maturity Age: 77 years

Tata AIA MahaLife Gold is a traditional life insurance savings plan offered by Tata AIA Life Insurance. It offers whole-life coverage up to the age of...

Unique Features

  • Whole life coverage
  • Paid annual income
  • Guaranteed amount on maturity

Tata AIA MahaLife Gold (Pros)

Tata AIA MahaLife Gold
  • Whole life coverage
  • Paid annual income
  • Guaranteed amount on maturity

Tata AIA MahaLife Gold (Cons)

Tata AIA MahaLife Gold
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA MahaLife Gold (Other Benefits)

Tata AIA MahaLife Gold
  • Tax benefits
  • Death benefits
  • Maturity benefits

Tata AIA MahaLife Gold (Eligibility Criteria)

Tata AIA MahaLife Gold
  • Minimum entry age- 30 days
  • Maximum entry age- 65 years
  • Sum assured- No limit
  • Maximum policy term- 100 minus entry age

Invest Smartly with Tata AIA Monthly Income Plan – Guaranteed Income and Assured Life Cover. Tata AIA Life Insurance Guaranteed Monthly Income P...

Unique Features

  • Large Premium Boost
  • Guaranteed Monthly Income
  • 3D cover

Tata AIA Guaranteed Monthly Income (Pros)

Tata AIA Guaranteed Monthly Income
  • Large Premium Boost
  • Guaranteed Monthly Income
  • 3D cover

Tata AIA Guaranteed Monthly Income (Cons)

Tata AIA Guaranteed Monthly Income
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA Guaranteed Monthly Income (Other Benefits)

Tata AIA Guaranteed Monthly Income
  • Death Benefits
  • Maturity Benefits
  • Guaranteed Additions

Tata AIA Guaranteed Monthly Income (Eligibility Criteria)

Tata AIA Guaranteed Monthly Income
  • Minimum entry age- 6 years
  • Maximum entry age- 13 years
  • Sum assured- 11 times the Annualised Premiums
  • Maximum policy term- 12 years

To Save More, Invest Smartly with the Tata AIA Smart Value Income Plan. Tata AIA Smart Value Income plan, from Tata AIA Life Insurance, is a guarantee...

Unique Features

  • Whole Life Cover
  • Life Protect Feature
  • Premium Offset Benefit

Tata AIA Smart Value Income Plan (Pros)

Tata AIA Smart Value Income Plan
  • Whole Life Cover
  • Life Protect Feature
  • Premium Offset Benefit

Tata AIA Smart Value Income Plan (Cons)

Tata AIA Smart Value Income Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA Smart Value Income Plan (Other Benefits)

Tata AIA Smart Value Income Plan
  • Death Benefits
  • Maturity Benefits
  • Tax Benefits

Tata AIA Smart Value Income Plan (Eligibility Criteria)

Tata AIA Smart Value Income Plan
  • Minimum entry age- 45 years
  • Maximum entry age- 65 years
  • Sum assured- Death Benefit Multiple of 10 times Single Premium
  • Maximum policy term- 100 minus entry age

Tata AIA Guaranteed Return Insurance Plan by Tata AIA Life Insurance is a savings plan with assured life cover. With this plan, you can build wealth w...

Unique Features

  • 3 Plan Options
  • Whole Life Protection
  • Joint Life Cover

Tata AIA Guaranteed Return Insurance Plan (Pros)

Tata AIA Guaranteed Return Insurance Plan
  • 3 Plan Options
  • Whole Life Protection
  • Joint Life Cover

Tata AIA Guaranteed Return Insurance Plan (Cons)

Tata AIA Guaranteed Return Insurance Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

Tata AIA Guaranteed Return Insurance Plan (Other Benefits)

Tata AIA Guaranteed Return Insurance Plan
  • Guaranteed Additions
  • Maturity Benefits
  • Death Benefits

Tata AIA Guaranteed Return Insurance Plan (Eligibility Criteria)

Tata AIA Guaranteed Return Insurance Plan
  • Minimum entry age- 45 years
  • Maximum entry age- 65 years
  • Sum assured- Death Benefit Multiple x Annualized Premium
  • Maximum policy term- 13 years
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Benefits of the Tata AIA Guaranteed Monthly Income Plan

There are various benefits to buying the Tata AIA Guaranteed Monthly Income Plan. Let’s understand each of them in detail:

  • Death Benefits: Upon the policyholder's unfortunate death during the policy term, the insurance cover amount will be paid out as a lump sum to the nominee.
  • Maturity Benefits: At the end of the policy term, you'll receive a Guaranteed Income for a fixed period during the Income Term. The Guaranteed Income installments start from the end of 1st month after the end of the Policy Term.
  • Surrender Benefit: If you don't feel like continuing your Policy, you can surrender at any point during the Policy Term, but it shall acquire a Surrender Value. The surrender value is obtained immediately after the first 2 (two) full years' Premiums have been paid.
  • Large Premium Boost: Depending on your annualized premium amount and payment term, you can increase your monthly income benefit with Large Premium Boost.

Documents Required to Buy Tata AIA Guaranteed Monthly Income Plan

Here is the list of documents required to buy the Tata AIA Guaranteed Monthly Income Plan:

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.

How to Buy Tata AIA Guaranteed Monthly Income?

You can buy the Tata AIA Guaranteed Monthly Income official website or one of their nearest branch offices.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Click on the ‘Investment’ tab.

  • Step 3

    A new page will appear on the screen.

  • Step 4

    Fill out the form at the top of the page with the necessary details.

  • Step 5

    Select your income and city. Click on 'Proceed'.

  • Step 6

    Update your education and occupation details.

  • Step 7

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 8

    Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of Tata AIA Life Insurance.

  • Step 2

    Hover over the 'Plans' from the top of the menu.

  • Step 3

    Click on the ' Tata AIA Monthly Income Plan'.

  • Step 4

    Click on ‘Buy Now’ and you will be redirected to a new page.

  • Step 5

    Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.

  • Step 6

    Once discussed you can make the premium payment and get the policy documents.

Buying from their branch office

You can buy the Tata AIA Monthly Income Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.

Your Occupation

Exclusions of the Tata AIA Monthly Income Plan

Given below are some exclusions of the Tata AIA Monthly Income Plan-

  • Suicide within 12 months of the policy purchase is not covered.

  • Consumption of any intoxicants.

  • Death due to any aviation accident.

  • Death due to any adventurous sports.

Plan At a Glance

What’s Good Here What’s Missing
Guaranteed Monthly Income  Special Date Feature

Guaranteed Additions of 8.35% to 13.03%

Whole Life Cover
Large Premium Boost No Auto Cover Continuance 
Optional Riders offers Protection Against the 3Ds Premium Offset

In a nutshell

Overall, Tata AIA Guaranteed Monthly Income Plan is a two-in-one life insurance plan that ensures a regular income with the benefit of assured life cover. It is an ideal plan for someone who wants to build wealth for retirement or needs additional income to maintain expenses. For further clarification regarding the plan, you can directly reach out to us at PolicyX.com and get free advice from insurance experts.

FAQs: Tata AIA Guaranteed Monthly Income Plan

1. What is the interest rate for Tata AIA Guaranteed Monthly Income Plan?

You’ll get a steady flow of guaranteed monthly income between 8.35% to 13.03% per annum of your yearly premiums.

2. What is the Tata AIA Guaranteed Income Plan?

Tata AIA Life Insurance Guaranteed Monthly Income Plan is a two-in-one life insurance plan that ensures a regular income with the benefit of assured life cover.

3. How long does the life cover last in the Tata AIA Guaranteed Income Plan?

Under the Tata AIA Guaranteed Income Plan, you can stay protected with life cover for the entire policy term.

4. What is the large premium boost feature in the Tata AIA Monthly Income Plan?

Depending on your annualized premium amount and payment term, you can increase your monthly income benefit with Large Premium Boost.

5. When can I receive guaranteed monthly income?

With the Tata AIA Smart Value Income plan, you’ll receive guaranteed income from the end of the policy year.

Life Insurance Companies

Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.

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Sahil Singh Kathait

Written By: Sahil Singh Kathait

A boy-in-squares bagging escapades of switching streets in groove & sensing musical airy-notes from 6 1". Under wayed nyctophile sketching the walls of life from the panorama of anime.