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Tata AIA Smart Fortune Plus is a non-participating, unit-linked individual life insurance savings plan, UIN 110L177V01. It combines life insurance protection with investment exposure through market-linked funds. The plan offers four options: Wealth Secure, Future Secure, Goal Secure and Family Secure. Benefits, eligibility and policy conditions vary by selected option. The policy fund value depends on investment performance and applicable charges, so the maturity amount is not guaranteed. The official product page describes partial withdrawals after the five-year lock-in, subject to the policy rules. Buyers should review the current brochure, policy document and personalised benefit illustration before making a decision.
Combine life insurance protection with market-linked investment opportunities
Smart Fortune Plus may be suitable for buyers who have a long investment horizon and want life cover alongside market-linked investment exposure. The four available options allow buyers to assess different policy configurations against their financial goals. The main trade-off is market risk: investment values can rise or fall, and charges affect the accumulated fund value. The official product page states that partial withdrawals are available after the five-year lock-in, with a maximum of 25% of fund value per policy year under the described withdrawal rules. It also describes loyalty additions subject to the policy remaining in force and premiums being paid as required. Waiver-of-premium availability differs by option, so the selected option and rider conditions must be checked carefully. Do not compare illustrated returns as guaranteed outcomes.
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 a death benefit according to the selected option and policy contract.
The applicable benefit calculation is defined in the policy schedule.
Fund value changes with the performance of the selected eligible investment funds.
Investment returns are not guaranteed.
Wealth Secure, Future Secure, Goal Secure and Family Secure address different policy configurations.
Eligibility and benefits vary by option.
Withdrawals may be made after the five-year lock-in, subject to applicable policy limits.
The official page describes a maximum of 25% of fund value per policy year.
Additional units may be credited when the policy meets the applicable requirements.
Refer to the policy document for option-specific rates and conditions.
An eligible waiver-of-premium rider may help maintain specified policy benefits when the rider conditions are met.
Optional extra cost applies. Availability depends on the selected option and rider terms.
An eligible accidental protection rider may provide additional benefits for covered accidental events.
Optional and subject to rider eligibility, exclusions and additional premium.
Conditions or treatments that the policy clearly says it will not cover.
Insurer
Tata AIA plans and claim process
It is a non-participating, unit-linked individual life insurance savings plan that combines life cover with investment exposure through market-linked funds.
No. The fund value and investment returns depend on market performance and applicable charges. Illustrated returns are not guaranteed.
The official product page describes Wealth Secure, Future Secure, Goal Secure and Family Secure. Benefits and conditions differ by option.
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)
Partial withdrawals are permitted after the five-year lock-in, subject to policy conditions. The official page describes a maximum withdrawal of 25% of fund value per policy year.
The policy does not allow complete or partial withdrawal or surrender of linked policy money until the end of the fifth policy year, subject to the policy contract.
On survival to the end of the policy term, the applicable fund value, including eligible top-up fund value, is payable according to the policy terms. The amount is market-linked.
Waiver-of-premium benefits depend on the selected policy option and applicable rider. The official page states that the waiver of premium benefit is available only under Future Secure and Family Secure for the specified option.
The official product page describes loyalty additions subject to the policy remaining in force and premiums being paid as required. Applicable rates and conditions should be verified in the current policy document.
The premium depends on age, premium amount, policy term, selected option and applicable underwriting. Obtain a personalised quotation and benefit illustration from Tata AIA.
Tax treatment depends on prevailing tax laws, policy eligibility and the policyholder meeting applicable conditions. Consult a qualified tax professional for personal advice.