Tata AIA Life MahaLife Gold

Tata AIA MahaLife Gold is a Traditional, Whole life insurance plan wherein you pay premiums for just 15 years and get a life cover till the age of 100. This plan also offers a guaranteed annual income throughout your lifetime.

• Guaranteed yearly payout of 5% of sum assured from the 10th policy anniversary
• Enhance the payouts that you get each year through annual cash dividends
• Your dreams are fully protected throughout your life with a life cover till age 100
• Create an income stream for life, get a lifelong coverage with a limited 15 years payment

• Tata AIA Life MahaLife Gold is a traditional whole life plan with bonus facility
• The plan provides insurance cover till age 100 years
• The plan also provides non-guaranteed cash dividends from the 6th policy year

• Accidental Death Benefit :
  The rider provides for an addition benefit amount equivalent to the Tata AIA Life Accidental Death Benefit Rider sum assured purchased, in case of death due to an accident.
• Accidental Death & Dismemberment (long scale) :
  ADDL Rider Sum Assured purchased and percentages of the rider sum assured as per schedule of benefits is payable in case of accidental dismemberment or severe burns
• Accidental Death & Dismemberment (short scale):
  ADDS Rider Sum Assured purchased and percentages of the rider sum assured as per schedule of benefit is payable in case of accidental dismemberment.
• Critical illness lump sum (or dread diseases) benefit :
  In case you are diagnosed with a critical illness, or need surgery, this benefit provides you with a lump sum amount
• Critical illness Accelerated benefit Rider :
  In case you are diagnosed with a critical illness, or need surgery, this benefit provides you with a lump sum amount
• Waiver of Premium :
  In case the insured of the basic policy becomes disabled before he or she reaches age 60, all the future premiums of the basic policy and this rider will be waived up to maturity of the basic policy or until the insured reaches age 60 , whichever is earlier.
• Payor Benefit :
  In case of an unfortunate death or disability, all the future payments for the policy up to the expiry of the Tata AIA Life Payor Benefit Rider will be waived off by us.
• 5 year renewable Term Rider :
  In case of unfortunate death of the insured, while the policy is in force & before the maturity date, his/her nominee will get the rider sum assured
• 10/15/20/25 years Term Rider :
  In case of an unfortunate death of the insured, while the policy is in force & before the maturity date, his/her nominee will get the rider sum assured
• Term to age 60 Rider :
  In case of an unfortunate death of the insured, while the policy is in force & before the maturity date, his/her nominee will get the rider sum assured

If the Life Insured under the Policy, whether medically sane or insane, commits suicide, within one year of the date of issuance of the Policy,
the Policy shall be void and the Company will only be liable to pay the premiums paid till date.

Tax Benefits

Life Insurance premiums paid up to Rs.1,00,000 are allowed as a deduction from the taxable income each year under section 80C.

Know Claim Process of Tata AIA Life MahaLife Gold

Claim Process

TATA AIA Life Insurance Company Limited is a joint venture between TATA Sons Ltd. and AIA Group Ltd. The company combines TATA's pre-eminent leadership position in India and AIA's presence as the largest, independent listed Pan-Asian life insurance group in the world spanning 17 markets in Asia Pacific.