Tata AIA Life Insurance Secure 7 is a traditional Endowment plan that is designed for savings to meet future requirements and also providing life insurance coverage for protection purpose
Policy Year |
% of Annual Premium |
8 |
50 |
9 |
70 |
10 |
90 |
11 |
100 |
12 |
110 |
13 |
130 |
14 |
150 |
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
18 years |
55 years |
Maturity Age (Last Birthday) |
- |
69 years |
Policy Term (PT) in years |
14 years |
|
Premium Paying Term (PPT) in years |
7 years |
|
Premium Paying Frequency |
Annual, half-yearly, quarterly or monthly |
|
Yearly Premium |
40,000 |
Depends on SA |
Sum Assured |
250,000 |
No limit |
Annual premium in Rupees
Age / Sum Assured |
500,000 |
10,00,000 |
20,00,000 |
30 |
47,075 |
86,150 |
123,225 |
40 |
50,560 |
93,120 |
178,240 |
50 |
66,585 |
125,170 |
242,340 |
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and other KYC documents. Medical examination may be required in some cases, based on the sum assured and the age of the person.
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