TATA AIA Life Insurance Shubh Flexi Income Plan

The TATA AIA Life Insurance Shubh Flexi Income Plan supports your long-term financial planning through a combination of savings, income options, and life insurance protection. This plan allows policyholders to choose from multiple options for receiving benefits, either as a lump-sum maturity payout or as regular income, depending on the selected plan option. It’s also a non-linked, participating life cover savings plan, as it can also offer you bonus participations, resulting in potential bonus additions over time, depending on the insurer’s performance.

Read more
topfold-banner

Investment plans

  • Take the first step to ₹1 Crore
  • Plans delivering up to 18% CAGR
  • 100% online, Zero paperwork
  • Expert help at no extra cost
  • 4.8++ Rated
  • 17.3 Crore Registered Consumer
  • 55 Partners Insurance Partners
  • 7.7 Crore Policies Sold
In-Built life cover
Top performing plans˜ with High Returns**
Invest ₹10K/Month & Get ₹1 Crore# Tax-Free*
+91
Secure
We don’t spam
Please wait. We Are Processing..
Your personal information is secure with us
Plans available only for people of Indian origin By continuing you agree to receive assistance and agree to our Privacy Policy, Terms of Use & +Disclaimers
We are rated++
rating
17.3 Crore
Registered Consumer
55
Insurance Partners
7.7 Crore
Policies Sold
Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.

Eligibility Criteria for the TATA AIA Life Insurance Shubh Flexi Income Plan

Let’s look at the eligibility criteria of the TATA AIA Life Insurance Shubh Flexi Income Plan under the Tata AIA Investment Plans for a better understanding of conditions and terms:

Plan Parameters Minimum Maximum
Age at Entry 0 days 65 years
Age at Maturity
  • Cover till Age 100: 100 years
  • Other than Cover till Age 100: 18 years
  • Cover till Age 100: 100 years
  • Other than Cover till Age 100: 85 years
Premium Payment Term (PPT)  Option Other than Cover till Age 100 Cover till Age 100 Other than Cover till Age 100 Cover till Age 100
Option 1 – Endowment Limited Pay: 5 years
Regular Pay: Same as Policy Term Single Pay
NA Limited Pay: 12 years
Regular Pay: Same as Policy Term Single Pay
NA
Option 2 – Early Income Limited Pay: 5 years
Regular Pay: Same as Policy Term Single Pay
Limited Pay: 5 years Limited Pay: 12 years
Regular Pay: Same as Policy Term Single Pay
Limited Pay: 12 years
Option 3 – Deferred Income Limited Pay: 5 years Limited Pay: 12 years
Option Other than Cover till Age 100 Cover till  Age 100 Other than Cover till Age 100 Cover till Age 100
Option 1 – Endowment 10 years NA 50 years NA
Option 2 – Early Income 10 years Limited Pay: 100 − Entry Age Regular Pay / Single Pay: NA 50 years, 60 − Entry Age, 85 − Entry Age Regular Pay / Single Pay: 50 years Limited Pay: 100 − Entry Age Regular Pay / Single Pay: NA
Option 3 – Deferred Income Limited Pay: 10 years Regular Pay / Single Pay: NA 100 − Entry Age 50 years, 60 − Entry Age, 85 − Entry Age Regular Pay / Single Pay: NA 100 − Entry Age

Features of the TATA AIA Life Insurance Shubh Flexi Income Plan

The Tata AIA Life Insurance Shubh Flexi Income Plan offers several features including:

  • Multiple Plan Options: Policyholders can choose from Endowment, Early Income, or Deferred Income options.
  • Bonus Participation: The plan may participate in simple reversionary bonuses and terminal bonuses if declared by the insurer.
  • Flexible Income Payouts: Depending on the selected option, policyholders may receive periodic income payouts
  • Life Cover Protection: The policy covers life insurance for the entire duration of the policy.

Benefits of the TATA AIA Life Insurance Shubh Flexi Income Plan

Let’s explore the benefits of the TATA AIA Life Insurance Shubh Labh Flexi Income Plan:

  • Maturity Benefit: If the person whose life is insured lives until the end of the policy term, the policyholder may get the total amount of the insurance plus any bonuses applicable at the time.
  • Death Benefit: If the individual whose life is insured dies while the policy is still in effect, the nominee may obtain the amount insured on death, plus any declared bonuses at the time.
  • Income Benefits: Depending on the options you choose, you may obtain cash bonuses at regular intervals throughout or after the premium payment period. 

Explore some of the best investment plans in India and compare the features, benefits, riders, and policy details to choose whichever fits your requirements best.

Riders Under the TATA AIA Life Insurance Shubh Flexi Income Plan

Policyholders can get more coverage on their base policy by adding optional riders from the insurer. You can get the following riders:

  • Tata AIA Non-Linked Comprehensive Protection Rider
  • Tata AIA Vitality Protect Rider
  • Tata AIA Vitality Health Rider

Depending on the terms of the insurance, these riders may offer further protection benefits.

Policy Details of the Tata AIA Life Insurance Shubh Flexi Income Plan

Let’s explore the following policy details and learn important aspects of the TATA AIA Life Insurance Shubh Labh Flexi Income plan:

  1.  Grace Period

    A grace period is allowed for premium payment after the due date. The grace period is 15 days for the monthly premium mode and 30 days for other payment modes.

  2.  Revival

    If the policy lapses due to non-payment of premiums, it may be revived within five years from the date of the first unpaid premium, subject to policy terms and payment of outstanding premiums with interest.

  3.  Free Look Period

    Policyholders may review the policy after purchase. If they are not satisfied with the policy terms, they may cancel it within 30 days of receiving the policy document.

  4.  Surrender

    The policy may acquire surrender value after completion of one policy year, provided the required premium has been paid. The surrender value payable is the higher of the guaranteed surrender value or the special surrender value.

  5. Loan

    Policyholders may apply for a loan against the policy once it acquires surrender value, subject to the terms and conditions of the insurer.

Exclusions Under the Tata AIA Life Insurance Shubh Flexi Income Plan

Suicidal Clause

If the person who is insured dies by suicide within 12 months of the start or revival date of the policy, the nominee may get at least 80% of the total premiums paid or the surrender value, whichever is higher.

FAQs

  •  Is it possible for me to pick more than one benefit option under the Tata AIA Life Insurance Shubh Flexi Income Plan?

    Yes, the plan allows policyholders to choose one or more plan options based on their financial goals. These options include Endowment, Early Income, and Deferred Income, and they can be selected or combined according to the policy terms and eligibility conditions at the time of purchase. 
  •  How long does the deferment period last under the Tata AIA Life Insurance Shubh Flexi Income Plan?

    The deferment period is the time when payments of income are not made. It applies to some plan options and is chosen when the policy is bought.
  •  Is it possible to adjust the payout frequency during the insurance term?

    Yes, in some situations, policyholders may be able to adjust how often they get paid, but only if the insurer agrees to the terms.
Ulip Insurer2
Disclaimer: Policybazaar Insurance Brokers Private Limited does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
Average Rating
(Based on 1274 Reviews)

Investment plans Articles

Recent Articles
Popular Articles
IPPB Premium Sampoorna Savings Account

29 Oct 2026

The IPPB Premium Sampoorna Savings Account is a
Read more
IPPB Premium Surakshit Savings Account

29 Oct 2026

The IPPB Premium Surakshit Savings Account is a
Read more
IPPB Aadhaar Mobile Number Update Online

29 Sep 2026

While full online updates aren't possible due to mandatory UIDAI
Read more
Gruha Lakshmi Scheme

25 Sep 2026

The Gruha Lakshmi Scheme or Gruha Lakshmi Yojana is a flagship
Read more
Mahila Rojgar Yojana

28 Jul 2026

Mukhyamantri Mahila Rojgar Yojana is a scheme launched by the
Read more
How to Check CIBIL Score
Checking your CIBIL Score is a simple process that gives you instant insight into your financial health and
Read more
IPPB Aadhaar Mobile Number Update Online
While full online updates aren't possible due to mandatory UIDAI biometric verification, India Post Payments Bank
Read more
Compound Interest Calculator
A compound interest calculator helps determine the future value of an investment based on regular compounding. By
Read more
IPPB Customer ID
You can easily find your IPPB Customer ID by sending an SMS “GETCIF DDMMYYYY” to 9910228664 from your
Read more
IPPB KYC Online
For managing your India Post Payments Bank (IPPB) account, you can set up the basic details on the IPPB mobile
Read more

Tata AIA Traditional Plans Reviews & Ratings

4.6 / 5 (Based on 1274 Reviews)
(Showing Newest 10 reviews)
Nishant
New Zealand, November 05, 2026
★★★★★
Overall Service Experience
Good experience with pb. Process was little slow but i am happy with my plan
Devang
Australia, November 05, 2026
★★★★★
Support for First-Time NRI Investor
This was my first time buying investment plan from abroad and policybazaar helped me. Good policy they gave me
Ayesha
Canada, November 02, 2026
★★★★★
Reviewing Policy Terms
Kotak einvest plus is what i picked after almost a week of comparing plans policybazaars comparison tool actually helped a lot saved me time no regrets so far
Tarun
UK, November 02, 2026
★★★★★
NRI Investment Enquiry
Policybazaar is a good place to compare different plans.
Kunal
USA, November 02, 2026
★★★★★
Good Communication
I got clear answers to my doubts. It was helpful to get guidance without visiting India. kudos
Prateek
Chennai, November 02, 2026
★★★★★
Savings While Working Abroad
I wanted to keep investing in India while working overseas. The online assistance was useful and helped me understand the process.
Sangeeta
Bhopal, October 31, 2026
★★★★★
Very Pleased With Service
Bharti axa efuture invest plan policybazaar advisor helped me understand fund allocation properly which i was struggling with on my own overall a good experience buying this ulip
Rohit
Ranchi, October 30, 2026
★★★★★
Fine Plan So Far
edelweiss life wealth plus rising star took it few months back too early to comment on returns but the buying process through policybazaar was quick and painless
Chitra
Indore, October 29, 2026
★★★★★
Amazing Support Throughout
generali central easy invest online plan works well for my monthly savings goal policybazaar advisor followed up even after purchase to check if everything is fine nice touch
Mohit
Argentina, October 28, 2026
★★★★★
Planning for Future Needs
I was looking for an investment option for future needs in India. I will recommend policybazaar for everyone who do not have any idea what to buy.

˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar Insurance Brokers Private Limited does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Claude
top

Become a Crorepati

Invest ₹10K/month & Get ₹1 Crore* Tax free

Invest Now
*Standard T&C Apply
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL