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Tata AIA Shubh Flexi Income Plan is an individual, non-linked, participating life insurance savings plan. It combines life insurance protection with income-oriented benefits. The official product page describes options for receiving income, cash bonuses if declared, and a sub-wallet facility that can help policyholders retain eligible amounts for later use. Benefits depend on the chosen option, policy terms and applicable bonus declarations. The product is not a market-linked ULIP. Check the current brochure, benefit illustration and policy wording before purchasing.
Income options, cash bonuses if declared, and a sub-wallet feature under applicable terms.
Shubh Flexi Income Plan may be worth evaluating for people who want life insurance protection alongside an income-focused savings structure. Before buying, compare the selected benefit option, deferment period, premium-paying term, payout frequency and the treatment of bonuses. Participating-plan bonuses are not all guaranteed merely because the plan offers them; check which benefits are guaranteed and which depend on future declarations. Understand the sub-wallet rules, including how eligible balances are credited and withdrawn. Also review surrender values and the death benefit. Use the latest official benefit illustration for a meaningful comparison with other savings plans.
Tata AIA
Key Insights
Founded
2001
Tata AIA was established 25 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
99.1% CSR, calculated as a 3-year average
Tata AIA settles 99.1% of all claims it receives, demonstrating strong credibility.
Contact Details
1860-266-9966
Headquarters: 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai – 400013, Maharashtra, India
Provides life insurance protection according to the issued policy terms.
Check the death-benefit conditions in the policy document.
Offers income-oriented benefit options under the product rules.
Payout amount and timing depend on the chosen option.
Cash bonuses may be payable if declared under the participating-plan terms.
Do not treat undeclared future bonuses as guaranteed.
Eligible amounts may be held in a sub-wallet and withdrawn under applicable rules.
Check the latest terms for crediting and withdrawals.
The plan describes a benefit that may allow policy continuation for the nominee following the policyholder’s death.
Subject to the exact conditions in the policy wording.
Eligible riders may be available with the plan.
Verify rider availability, additional premium and exclusions in the current brochure.
Conditions or treatments that the policy clearly says it will not cover.
Insurer
Tata AIA plans and claim process
It is an individual, non-linked, participating life insurance savings plan with income-oriented benefits and life cover under policy terms.
The official product-status page lists UIN 110N207V02 as active. Confirm the latest version directly with Tata AIA before purchase.
The plan offers income-oriented options. The amount, start date and payout frequency depend on the selected option and policy conditions.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official Tata AIA website before purchasing.
Official Website
tataaia.com
Visit the official Tata AIA website for plan brochures, premium quotes and policy services.
The aforementioned ratios have been averaged over three years (FY24-FY26)
Cash bonuses under a participating plan are payable if declared, subject to the applicable policy terms. Check the benefit illustration to distinguish guaranteed and non-guaranteed benefits.
The official product page describes a sub-wallet feature for eligible amounts. Review the current product terms for crediting and withdrawal rules.
The official product FAQ describes a benefit under which future premiums may be waived following the policyholder’s death and the policy may continue for the nominee, subject to policy conditions.
The applicable premium depends on the selected option, age, term and payment frequency. Obtain a personalised quote from Tata AIA.
Surrender is subject to the issued policy terms. The surrender value may be lower than the total premiums paid.
No. It is a life insurance savings plan and is not a substitute for standalone health insurance.