IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT

PORTFOLIO IS BORNE BY THE POLICYHOLDER

About Tata AIA Life

Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture
company, formed by Tata Sons and AIA Group Limited (AIA). Tata AIA Life
combines Tata’s pre-eminent leadership position in India and AIA’s
presence as the largest, independent listed pan-Asia life insurance group in
the world spanning 18 markets in Asia Pacific. Tata Sons holds a majority
stake (51 per cent) in the company and AIA holds (49 per cent) through an
AIA International Limited. Tata AIA Life Insurance Company Limited was
licensed to operate in India on February 12, 2001 and started operations on
April 1, 2001.

Tata AIA Life Insurance Company Limited (IRDAI Regn. No.110)

CIN: U66010MH2000PLC128403. Registered & Corporate Office:
14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg,
Lower Parel, Mumbai - 400013. Trade logo displayed above belongs to
Tata Sons Ltd and AIA Group Ltd. and is used by Tata AIA Life Insurance
Company Ltd under a license. For any information including cancellation,
claims and complaints, please contact our Insurance Advisor / Intermediary
or visit Tata AIA Life’s nearest branch office or call 1-860-266-9966
(local charges apply) or write to us at [email protected].
Visit us at: www.tataaia.com.
Unique Reference Number: L&C/Advt/2024/Mar/0685 • UIN: 110L112V06
Tata AIA Life Insurance Fortune Pro Premium Paying Term Single Pay
Unit Linked Individual Life Insurance Savings Plan Limited Pay – 5 to 20 years
Regular /Limited Pay – 12 to 40 years
LINKED INSURANCE PRODUCTS DO NOT OFFER ANY
Pay Mode Single, Annual, Semi-Annual,
LIQUIDITY DURING THE FIRST FIVE YEARS OF THE Quarterly, Monthly
CONTRACT. THE POLICYHOLDER WILL NOT BE ABLE TO
Minimum Premium1 Single Pay - R 25,000
SURRENDER/ WITHDRAW THE MONIES INVESTED IN Regular/Limited Pay -
LINKED INSURANCE PRODUCTS COMPLETELY OR R 12,000 per annum
PARTIALLY TILL THE END OF THE FIFTH YEAR. Maximum Premium1 Single Pay - R 5,00,000
Regular/Limited Pay - R 5,00,000
You have worked hard and smart to earn your money. Now per annum
make your money work harder and multiply itself. Introducing, Minimum Basic For Single Pay – 1.25 times the
Tata AIA Life Insurance Fortune Pro, Unit Linked Individual Life Sum Assured2 Single Premium
Insurance Savings plan that makes your money grow steadily For Regular / Limited Pay – 7 * AP
over time and also provides protection to your loved ones.
For Single Pay – 1.25 times the
Minimum Basic Single Premium
This plan offers flexibility of policy duration which allows you to
Sum Assured2 For Regular / Limited Pay – 7 * AP
mould it in to your different financial needs and adjusts itself to
your desired level of growth For Single Pay –
Max Multiple of
Savings in this plan can help you fulfill your medium to long Entry Age/ Single Premium
term goals such as children’s education, retirement planning Policy Term Up 11
and wealth creation. >20
to 10 to 20
With Tata AIA Life Insurance Fortune Pro, let your money work <=35 10 5 1.25
smartly as you do. 36 to 40 7 5 1.25
41 to 45 5 1.25 1.25
Key Features 46 to 59 1.25 1.25 1.25
For Regular / Limited Pay –
• Flexibility to pay premium one time or for a limited period as
per your choice Entry Age
Max. Multiple of AP
Min Max
• Regular Loyalty Additions to boost investments Maximum Basic 0 29 Max (Policy Term /2, 30)
Sum Assured 2
• Flexibility to choose from 20 Fund options for enhanced 30 35 Max (Policy Term/2, 20)
investment opportunities 36 45 Max (Policy Term/2, 15)
• Option to customize your plan with range of riders 46 65 Max (Policy Term/2, 10)
AP is Annualised Premium and it means the
• Choice of Enhanced Systematic Money Allocation & premium amount payable in a year excluding
Regular Transfer Investment Portfolio Strategy the taxes, rider premiums and underwriting
extra premiums on riders, if any
Eligibility Criteria Increase or decrease in Premium is not allowed under this plan.
1

Minimum Issue Age Increase or decrease in Basic Sum Assured by changing the premium
2

(Age last birthday) 0 years (30 days) multiple is allowed subject to Underwriting and limit set by the Company.

Maximum Issue Age Important aspects

(Age last birthday) 65 years
1. Total Sum Assured under the plan is the total of Basic Sum
Minimum Maturity Age Assured and Top-up Sum Assured.
(Age last birthday) 18 years
2. The Regular / Single premium and any Top-up premium net
Maximum Maturity Age of premium allocation charge will be used to purchase units
(Age last birthday) 80 years
in the various investment fund/s offered under this plan and
Policy Term 6 to 40 years as chosen by you. The units purchased in the investment
fund is the monetary amount allocated to the investment
fund divided by its then prevailing NAV per unit.

1 2
3. Regular/Single Premium Fund Value is equal to the number (iii) 105 percent of the total Regular/Single Premiums paid up
of units pertaining to Regular/Single premiums allocated to to the date of death.
the investment fund/s chosen by you multiplied by its then In addition to this:
prevailing NAV per unit. Top-up Premium Fund Value, if
any, is equal to the number of units pertaining to Top-up Highest of
premiums allocated to the investment fund/s chosen by (i) the approved Top-up Sum Assured(s) or
you multiplied by its then prevailing NAV per unit. (ii) Top-up Premium Fund Value of this Policy or
4. Total Fund Value under this plan is the total of Regular (iii) 105 percent of the total Top-up Premiums paid up to the
/Single Premium Fund Value and Top-up Premium Fund date of death.
Value, if any. The Fund Value represents the total value of
your investments to date and is the balance of all units is also payable provided the Policyholder has a Top-up
allocated to the investment fund/s chosen by you Premium Fund Value. Deductible Partial Withdrawals are not
multiplied by its then prevailing NAV per unit. applicable in case of Top-Up Sum Assured.
* Net of all “Deductible Partial Withdrawals”, if any, from the Regular/Single
What are your Benefits? Premium Fund Value
Maturity Benefit For purpose of determining the Death Benefit, the Deductible
Partial Withdrawals mentioned above shall mean the Partial
On survival to the end of the policy term, you will receive the withdrawals made during the last two years immediately
Total Fund Value which is sum of Regular/ Single Premium preceding the date of death of the Insured.
Fund Value and Top-Up Premium Fund Value valued at
applicable NAV on the date of Maturity. Benefit Illustration
Death Benefit To illustrate the above benefits let’s have a look at the following
Benefit Illustration*
In case of death of the life insured during the policy term and
while the policy is in force, the Nominee/legal heir will get, The table below gives the Total Maturity Benefit for a healthy
person aged 35 years at standard age proof
Highest of
• Fund Allocation: 50% in Large Cap Equity Fund and 50%
(i) the Basic Sum Assured net of all “Deductible Partial
in Whole Life Mid cap Equity Fund
Withdrawals”, if any, from the Regular/Single Premium
Fund Value, or • Annualised Regular Premium: r1,00,000
(ii) the Regular/Single Premium Fund Value of this Policy or • Mode of payment: Annual /Single

Lower Rate
Guaranteed Higher Rate Illustration (8%)
Illustration (4%)
Policy Premium Annual Benefits
Age Total Premium Non Guaranteed Non Guaranteed
Term Paying Regular
(Years) Premiums Multiple Benefits Benefits
(Years) Term Premium##
Payable chosen Basic Sum
(Years) (r) Total Maturity Net Yield** Total Maturity
(r) Assured (r)
Benefit# (r) @ 8% Benefit# (r)
35 20 Single 1,00,000 1,00,000 1.25 1,25,000 312,214 6.25% 138,440
35 20 5 1,00,000 5,00,000 10 10,00,000 1,414,555 6.36% 688,976
35 20 7 1,00,000 7,00,000 10 10,00,000 1,903,285 6.39% 982,494
35 20 10 1,00,000 10,00,000 10 10,00,000 2,528,512 6.43% 1,386,993
*Some benefits are guaranteed and some benefits are variable laws. Tata AIA Life Insurance Company Limited reserves the right to recover
(Non-guaranteed) with returns based on the future performance of the opted from the Policyholder, any levies and duties (including Goods and Services Tax
funds and fulfillment of other applicable policy conditions. #Total Maturity and cess as applicable and TDS), as imposed by the government from time
Benefit is inclusive of Loyalty Additions and exclusive of Goods and Services to time. Kindly refer to Benefit illustration for exact premium. **Computation of
Tax and cess as applicable. For benefit values net of Goods and Services Tax the net yield excludes Mortality Charges and Goods and Services Tax and
and cess as applicable please refer to the Benefit illustration. ##“Goods and cess as applicable on charges as applicable.
Services Tax and cess as applicable and TDS” is applicable as per governing

3 4
Loyalty Additions a) You can choose from a variety of funds
As a reward for your loyalty, additional units at the rate of Your allocable Regular/ Single Premium and Top- Ups (if any)
0.20% of the units in each of the funds under the Regular are invested in one or more investment funds as per your
Premium Account will be credited (post deduction of chosen asset allocation. You have an option of choosing any or
applicable charges) to the respective funds every policy all of the 20 Funds or such funds which are available at the time
anniversary starting from eleventh (11th) Policy Anniversary till of allocation, based on your preferred asset allocation.
the end of the policy term. We offer 20 investment funds ranging from 100% debt to
If you have chosen a single pay option, the additional units at 100% equity to suit your particular needs and risk appetite –
the rate of 0.35% of units in each of the funds under the Single Emerging Opportunities Fund, Sustainable Equity Fund,
Dynamic Advantage Fund, Multi Cap Fund, India
Premium Account will be credited (post deduction of
Consumption Fund, Top 50 Fund, Top 200 Fund, Super
applicable charges) to the respective funds every policy
Select Equity Fund, Large Cap Equity fund, Whole Life Mid
anniversary starting from sixth (6th) Policy Anniversary till the Cap Equity fund, Whole Life Aggressive Growth fund,
end of the policy term. Whole Life Stable Growth fund, Whole Life Income fund,
The Loyalty Additions will be credited only if the policy is in Whole Life Short-term Fixed Income fund, Flexi Growth
force and all due premiums have been paid. Loyalty Additions Fund, Constant Maturity Fund, Target Maturity fund, Small
are not payable on Top-up Premium Account Cap Discovery fund, Business Cycle Fund and Rising
India Fund.
What are your investment avenues? If you wish to diversify your risk, you can choose to allocate
This product offers you the flexibility to invest in a manner that your premiums in varying proportions amongst the 20
suits your investment risk profile and individual needs. investment funds.
a) You can choose from the 20 investment fund options Our wide range of funds gives you the flexibility to redirect
OR future premiums and change your premium allocation
percentages from that point onwards. Also you can switch
b) Choose the following PORTFOLIO STRATEGY monies from one investment fund to another at any time.
i) Enhanced Systematic Money Allocation & Regular Switches must however be within the investment funds offered
Transfer (Enhanced SMART) under this plan.

Investment Fund Fund Objective Asset Allocation Minimum Maximum

The primary investment objective of the Fund is
to generate capital appreciation in the long term Equity 80% 100%
by investing in a portfolio of stocks that offer
Emerging opportunities in the Mid Cap space and
Opportunities Fund Debt Instruments 0% 10%
emerging leaders in the new age sectors offering High
(ULIF 064 12/09/22 significant long-term wealth creation. The fund
EOF 110) can invest up to 30% of the portfolio in equity Money Market Instruments, Cash,
and equity related instruments falling outside the Bank Deposits and Mutual Funds 0% 20%
mid-cap range.
To focus on investing in select companies from Equity 80% 100%
Sustainable Equity
Fund (ULIF 065 the investment universe, which conduct High Debt Instruments 0% 20%
12/09/22 ESG 110) business in socially and environmentally
responsible manner while maintaining Money Market Instruments, Cash,
Bank Deposits and Mutual Funds 0% 20%
governance standards.
The primary investment objective of the Fund is Equity 60% 100%
Multi Cap Fund (ULIF to generate capital appreciation in the long term
060 15/07/14 MCF by investing in a diversified portfolio of Large Cap
High Debt Instruments 0% 40%
110) and Mid Cap companies The allocation between
Large Cap and Mid Cap companies will be largely Cash / Money Market Instruments,
a function of the relative valuations of Large Cap 0% 40%
Bank Deposits and Mutual Funds
companies as against Mid Cap companies.

5 6
 Investment Fund Fund Objective Asset Allocation Minimum Maximum
The primary investment objective of the Fund is
to generate capital appreciation in the long term Equity 60% 100%
India Consumption by investing in a diversified portfolio of
companies which would benefit from India’s High
Fund (ULIF 061 Debt Instruments 0% 40%
Domestic Consumption growth story. The India
15/07/14 ICF 110)
Consumption Fund could provide an investment
opportunity in the theme of rising consumption Cash / Money Market Instruments, 0% 40%
power in India for long term returns. Bank Deposits and Mutual Funds
Equity Instruments 60% 100%
The primary investment objective of the fund is to
Top 50 Fund (ULIF 026 Cash/ Money Market Instruments
generate long term capital appreciation by High 0% 40%
12/01/09 ITF 110) (including CP/CD), Bank Deposits
investing in select stocks.
and Mutual Funds
The Top 200 Fund will invest primarily in select
stocks which are a part of BSE 200 Index with a Equity Instruments 60% 100%
focus on generating long term capital appreciation.
The Fund will not replicate the index but aim to
attain performance better than the performance of
Top 200 fund (ULIF
High
027 12/01/09 ITT 110) the Index. As a defensive strategy arising out of
market conditions, the scheme may also invest in Cash/ Money Market Instruments
debt and money market instruments. (including CP/CD), Bank Deposits 0% 40%
Objective: The primary investment objective of the and Mutual Funds
fund is to generate long term capital appreciation
by investing in select stocks.
The Super Select Equity Fund will invest significant
amount in equity and equity linked instruments Equity and Equity
60% 100%
specifically excluding companies predominantly linked Instruments
dealing in Gambling, Lotteries/Contests, Animal
Produce, Liquor, Tobacco, Entertainment (Films,
TV etc) Hotels, sugar, leather, Banks and Financial
Super Select Equity Institutions. The risk profile of the fund is high. The
Fund (ULIF 035 cash holding of the Fund will be kept below 40% of Debt Instruments 0% 40%
High
16/10/09 TSS 110) the Fund or according to the prevailing regulatory
guidelines at each point of time.
Objective: The primary investment objective of the
fund is to provide income distribution over a period Cash/ Money Market Instruments
of medium to long term while at all times (including CP/CD), Bank 0% 40%
emphasizing the importance of capital Deposits and Mutual Funds
appreciation

The primary investment objective of the Fund is to Equity and Equity

80% 100%
Large Cap Equity Fund linked Instruments
generate long - term capital appreciation from a
(ULIF 017 07/01/08 High
portfolio that is invested pre-dominantly in large Cash / Money Market Instruments,
TLC 110) cap equity and equity linked securities. 0% 20%
Bank Deposits and Mutual Funds
The primary investment objective of the Fund is to Equity and Equity
Whole Life Mid Cap 60% 100%
generate long – term capital appreciation from a linked Instruments
Equity Fund(ULIF 009 High
portfolio that is invested pre-dominantly in Mid Cap Cash/Money Market Instruments,
04/01/07 WLE 110) 0% 40%
Equity and Mid Cap Equity linked securities. Bank Deposits and Mutual Funds
Equity 20% 80%
Dynamic Advantage
The primary investment objective of the Fund is Medium Debt Instruments 20% 80%
Fund (ULIF 066
to maximize the returns with medium risk
12/09/22 DAF 110) Cash / Money Market Instruments,
Bank Deposits and Mutual Funds 0% 20%

7 8
Investment Fund Fund Objective Asset Allocation Minimum Maximum
Equity and Equity
The primary investment objective of the Fund is Linked instruments 50% 80%
Whole Life Aggressive to provide higher returns in long term by
Medium
Growth Fund(ULIF 010 investing primarily in Equities along with debt/ Debt Instruments 20% 50%
to High
04/01/07 WLA 110) money market instruments. Cash / Money Market Instruments,
Bank Deposits and Mutual Funds 0% 30%

Equity and Equity

Whole Life Stable The primary investment objective of the Fund is Linked instruments 30% 50%
Growth Fund(ULIF 011 to provide stable returns by balancing the Low to
Debt Instruments 50% 70%
04/01/07 WLS 110) investment in Equities and debt/ money market Medium
instruments. Cash / Money Market Instruments,
Bank Deposits and Mutual Funds 0% 20%

The primary investment objective of the Fund is

Whole Life Income to generate income by investing in a range of Debt Instruments 60% 100%
Fund (ULIF 012 debt and money market instruments of various Low
04/01/07 WLI 110) maturities with a view to maximizing the optimal Cash / Money Market Instruments, 0% 40%
balance between yield, safety and liquidity. Bank Deposits and Mutual Funds
Whole Life Short-Term The primary investment objective of the Fund is to Debt Instruments of
generate stable returns by investing in fixed income 60% 100%
Fixed Income Fund duration less than 3 years
securities having shorter maturity periods. Under Low
(ULIF 013 Cash / Money Market Instruments,
normal circumstances, the average maturity of the 0% 40%
04/01/07 WLF 110) Fund may be in the range of 1-3 years. Bank Deposits and Mutual Funds

The primary investment objective of the Fund is Equity 70% 100%

Flexi Growth
Fund (SFIN: ULIF to generate capital appreciation in the long term High Debt Instrument 0% 10%
068 25/04/23 FGF by investing in a portfolio of stocks across market
Money Market Instrument, Cash,
110) capitalization. 0% 30%
Bank Deposits and Mutual funds
Debt Instruments - Government
The fund aims to provide reasonable returns over
Securities such that weighted
long term by investing in portfolio of Government
Constant Maturity average portfolio maturity of 80% 100%
Securities while maintaining constant average
Fund (SFIN: ULIF 069 Medium around 10 years (in the range of
maturity of the portfolio (ex - Cash/ Money
17/05/23 CMF 110) 8-12 years)
Market Instruments, Bank Deposits and Mutual
Funds) in the range of 8-12 years Money Market Instrument, Cash,
0% 20%
Bank Deposits and Mutual funds

The fund aims to provide reasonable returns over Government Securities (Residual
long term by investing in portfolio of Government maturity of any Government
Securities. The fund shall have the maturity on Securities forming part of the
Target Maturity portfolio shall be between the 80% 100%
31st Dec 2053. The residual maturity of any
Fund (SFIN: ULIF 070 Government Securities forming part of the Medium fund maturity date and date 5
17/05/23 TMF 110) portfolio shall be between the fund maturity date years before the fund maturity
and date 5 years before the fund maturity date date (i.e. 1st Jan 2049).
(i.e.1st Jan 2049). Money Market Instrument, Cash,
0% 20%
Bank Deposits and Mutual funds
The primary investment objective of the Fund is
to generate capital appreciation in the long term Equity 70% 100%
Small Cap by investing in a portfolio of stocks in small-cap
Discovery Fund market capitalization. The fund will primarily
High Debt Instrument 0% 10%
(SFIN: ULIF 071 invest in carefully selected small-cap companies
22/05/23 SCF 110) that offer opportunities for long-term value
creation. Minimum 65% of equity and equity Money Market Instrument, Cash,
related instruments of portfolio will comprise of 0% 30%
Bank Deposits and Mutual funds
small-cap stocks.

9 10
 Investment Fund Fund Objective Asset Allocation Minimum Maximum
The investment objective of the Fund is to Equity instruments 70% 100%
Business Cycle Fund generate capital appreciation by investing
(SFIN: ULIF 072 predominantly in equity and equity-related High Debt 0% 30%
15/01/24 BCF 110) securities with a focus on investing in companies
and sectors to participate in the business cycles Money Market Instruments, Cash,
0% 30%
through active portfolio allocation. Bank Deposits and Mutual funds
The objective of the fund is to generate capital Equity instruments 70% 100%
Rising India Fund appreciation by investing predominantly in equity
(SFIN: ULIF 073 and equity-related securities with a focus to High Debt 0% 30%
17/01/24 RIF 110 invest in growth stories across the Indian
corporate landscape. Money Market Instruments, Cash,
0% 30%
Bank Deposits and Mutual funds

These funds have different risk profiles based on different Under Enhanced SMART, you need to choose two funds, a
types of investments that are offered under these funds. The debt oriented fund and an equity oriented fund. Please refer to
returns are expected to vary according to the risk profile of table below for the choice of available funds:
the funds chosen.
Debt oriented funds Equity oriented funds
In case of exceptional circumstances/force majeure events,
• Emerging Opportunities Fund
investment in Cash / Money Market Instruments in all above
• Sustainable Equity Fund
funds may go up to 100%, subject to prior approval of IRDAI.
• Whole Life Income Fund • Large Cap Equity Fund
Exceptional circumstances may include:
• Whole Life Mid Cap Equity Fund
i) Global financial or credit crisis, • Whole Life Short-Term • Multi Cap Fund
Fixed Income Fund
ii) War like situation, • India Consumption Fund
• Constant Maturity Fund • Top 50 fund
iii) Political uncertainty • Target Maturity Fund • Top 200 fund
iv) Events like Political/ Communal disturbance which affects • Super Select Equity Fund
Indian economy and in turn impacts severely on Fixed • Flexi Growth Fund
Income/ Equity market. • Small Cap Discovery Fund
Discontinued Policy Fund: • Business Cycle Fund
• Rising India Fund
The investment objective for Discontinued Policy Fund is to
provide capital protection and a minimum return as per This strategy is applicable till premium payment term only and
regulatory requirement with a high level of safety and liquidity is not available with top-up premium fund.
through judicious investment in high quality short-term debt. Through Enhanced SMART, your entire annual/single allocable
The strategy is to generate better returns with low level of risk premium will be parked in the chosen debt oriented fund along
through investment in fixed interest securities having short with any existing units in that fund, if any. These combined
term maturity profile. The risk profile of the fund is very low. units in the chosen debt oriented fund will be systematically
There is a minimum guarantee of interest @ 4% p.a. or as transferred on a monthly basis to the chosen equity oriented
prescribed by IRDAI from time to time fund. All your future allocable premiums will also follow the
same pattern as long as Enhanced SMART is active on your
Asset allocation: plan. Switching to/from the Enhanced SMART funds to other
available funds is not allowed.
Instrument Allocation
Thus, while the stock market remains volatile and
Government Securities 60% - 100%
unpredictable, Enhanced SMART strategy offers a systematic
Money Market Instruments 0% - 40% way of rupee cost averaging. However, all investments through
this option are still subject to investment risks, which shall
b) Choose the following PORTFOLIO STRATEGY: continue to be borne by you.
i) Enhanced Systematic Money Allocation & Regular A portion of total units in the chosen debt oriented fund shall
Transfer (Enhanced SMART) be switched automatically into the chosen equity oriented fund
Enhanced SMART is a systematic transfer plan available only in the following way:
to the policies with the annual/ single mode of payment. It Monthly Enhanced SMART
allows a customer to enter the volatile equity market in a Policy Month 1 1/12 of the units available at the beginning
structured manner under the Regular/Single Premium Fund. of Policy Month 1

11 12
Policy Month 2 1/11 of the units available at the beginning The Company may cease offering Enhanced SMART by giving
of Policy Month 2 30 days of written notice subject to prior approval of Insurance
Policy Month 6 1/ 7 of the units available at the beginning Regulatory and Development Authority of India.
of Policy Month 6 Tracking and Assessing Your Investments
----------------------------------------------- You can monitor your investments
Policy Month 11 ½ of the units available at the beginning of • On our website (www.tataaia.com);
Policy Month 11
• Through the annual statement detailing the number of units
Policy Month 12 Balance units available at the beginning of
you have in each investment fund and their respective then
Policy Month 12
prevailing NAV; and
The following are the notable features of
Enhanced SMART: - • Through the published NAVs of all investment funds on our
website and Life council’s website.
• Enhanced SMART can be availed at the option of the
policyholder, exercisable at policy inception or on any What are the other benefits in your policy3?
policy anniversary. A written request to commence,
change or restart Enhanced SMART should be received 30 This is a single/ Regular / limited payment policy with
days in advance of the policy anniversary. The request shall protection for a chosen policy term and it is in your best
take effect on the following policy anniversary. Once interest to stay invested for the entire term. This will enable you
chosen the strategy will be applicable for future premiums to pay for a short term and enjoy all the special benefits offered
for all the premium payment terms except single premium. under this innovative product for the rest of your life. However,
• Request for commencement, change or restart of for contingency needs during the term of the policy, you may
Enhanced SMART will be subject to all due premiums avail of the Partial Withdrawal option. In case if you have a
being paid. surplus income, you may invest the same in your plan though
• Enhanced SMART option is available only to the policies top-ups.
with the annual/single mode of payment. Flexibility of Partial Withdrawals
• The automatic fund switches in the Enhanced SMART In case you need money for any emergency or otherwise, this
option are available out of the 12 free switches. plan enables you to withdraw from your fund. The withdrawals
• Enhanced SMART is free of any charge. from regular / Single Premium Fund are allowed after five policy
• The policyholder will have the option to stop the Enhanced anniversaries from the date of issuance of your policy, provided
SMART at any point of time by a written request and it shall the policy is in force.
take effect from the next Enhanced SMART switching that
follows the Company’s receipt • Partial withdrawal from the Top-up Premium Fund can be
allowed anytime after five policy anniversaries from the
• Manual fund switching for the two funds selected for
date of acceptance of each such Top-up Premium paid.
activation of Enhanced SMART is not allowed. Manual
fund switching is allowed on other available funds at • For Regular Premium policy, minimum partial withdrawal
applicable charges. For Top-up premiums, manual amount is R 5,000 subject to Total Fund Value post such
switching option will be available at applicable charges. withdrawals being not less than an amount equivalent to
• Any amount remaining in regular premium funds other than one year’s Annualised Regular Premium.
the two funds selected for activation of Enhanced SMART, • For Single Premium policy, minimum partial withdrawal
would continue to remain invested in those funds. amount is R 5,000 subject to Total Fund Value post such
• Enhanced SMART Option will not be available during withdrawals being not less than an amount equivalent to
Discontinuance of Premium. On revival of the policy, you 5% of Single Premium paid.
can opt for Enhanced SMART again. • Partial withdrawal is allowed only after insured attains 18
• In Case of Single Premium option: years of age.
- Enhanced SMART strategy can only be opted for at • Partial Withdrawals should be made first from the
policy inception. Top-up Premium Fund (if any) and then from the
- Enhanced SMART strategy will be applicable for policy Regular/ Single Premium Fund, if amount in the Top-up
year 1 only. Premium Fund is insufficient.
- From the end of year 1, the amount will remain • Maximum of four (4) partial withdrawals are allowed in a
invested in the Equity oriented fund as chosen by policy year and we levy no charges for making the partial
customer under Enhanced SMART strategy. withdrawals.
- Customer has an option to do manual fund switching • The partial withdrawals shall not be allowed if it would
to other available funds after the end of policy year 1. result in termination of the contract.

13 14
Flexibility of Top-ups During this Settlement Period, life cover shall be maintained at
You have the flexibility to pay additional premium as ‘Top-up 105% of the total premiums paid. In case of death, higher of
Premium’, provided the policy is in force Total Fund Value at the time of death or 105% of total
premiums paid will be returned to the Nominee. . During this
• Top-up premiums can be paid any time except during the period, Fund Management Charges and Mortality Charges will
last five years of the policy term, subject to underwriting, as be deducted as due. All charges are shown under “What are
long as all due premiums have been paid. my Policy Charges?”
• You can Top-up your policy up to four times in a During this Settlement Period, the inherent investment risk will
policy year. be borne by the Policyholder.
• The minimum Top-up amount is R 5,000/-. Acceptance of
Top up Premium is subject to prevailing underwriting rules. Flexibility of Additional Coverage5

• Top-up premiums can be allocated in any proportion You have further flexibility to customize your product by adding
between the funds offered as chosen by the policyholder. the following optional riders. The charges for these riders, if
opted for, will be recovered by cancellation of units from the
• Every Top-up Premium will have a lock- in period of five basic plan. The riders can be attached only at the policy
years from the date acceptance of such Top up premiums inception and can only be offered only if minimum premium
except in case of complete withdrawal of policy. multiple is chosen.
• At any point of time, the total Top-up premiums paid shall The Policyholders have an option to choose from a set of
not exceed the sum of the total regular premiums / single unit-deducting or a set of premium-paying riders.
premium paid
The set of unit-deducting riders are as below:
• Top-up premiums are subject to charges as described
For Regular / Limited Pay
under "What are my Policy charges?"
1. Tata AIA Life Insurance Waiver of Premium (Linked) Rider
Top-up Sum Assured
2. Tata AIA Life Insurance Waiver of Premium Plus (Linked) Rider
Your Sum Assured will increase by Top-up Sum Assured when
you avail of a Top-up, subject to underwriting 3. Tata AIA Life Insurance Accidental Death and
Dismemberment (Long Scale) (ADDL) Linked Rider
Top-up Sum Assured will be Top-Up Multiple * Top-Up Premium
For Single Pay- the Policyholders have an option to choose
Top-up Premium Multiple is 1.25 the following rider:
Increase or decrease in the Top-up Sum Assured is not allowed. Tata AIA Life Insurance Accidental Death and
Flexibility of Premium Mode Dismemberment (Long Scale) (ADDL) Linked Rider
You may choose to pay your premiums4Annually, Tata AIA Life Insurance Accidental Death and
Semi-annually, Quarterly, Monthly or even single time as per Dismemberment (Long Scale) (ADDL) Linked Rider (UIN:
your convenience. 110A027V02)
4
Monthly Premium = 0.0833 of Annualised Premium, Quarterly Premium = This rider ensures protection of your family by paying your
0.25 of Annualised Premium, Semi-annual premium = 0.50 of Annualised nominee an amount equal to the rider sum assured in case of
Premium subject to minimum premium conditions for each mode. an accidental death. In case of severe dismemberment like
loss of limbs or bodily functions or severe burns due to an
Settlement Option accident, it will pay a percentage of the rider sum assured as
Provided policyholder is alive on the maturity date, you have an per the ADDL benefit chart. The benefits will be doubled in
option to receive the maturity amount either in lump sum or in case of certain accidental death or dismemberments.
installments over a period of time. This period, termed as This rider will be allowed from entry age of 18 years up to 60
Settlement Period, may be extended up to a maximum of five years and maximum maturity age of 70 years.
years from the date of maturity. The first instalment under
settlement option shall be payable on the date of maturity. The Tata AIA Life Insurance Waiver of Premium (Linked) Rider
timing and amount of the installments will be chosen by you at (UIN: 110A026V02)
the time of maturity while exercising this option. The value of This rider provides for the waiver of all future premiums of the
such periodical payments will depend on the performance of basic policy which fall due while the proposer is totally and
the Funds selected for investment. Switching and partial permanently disabled (provided that the disability commences
withdrawals (other than the aforesaid periodical payments) are before the proposer reaches 65 years or the end of premium
not available during the Settlement Period. At any time during payment term of the basic plan, whichever is earlier). This rider
the settlement period, you have the option to withdraw the will be allowed from entry age of 18 years up to 60 years and
Total Fund Value at that time maximum maturity age of 65 years.
15 16
Tata AIA Life Insurance Waiver of Premium Plus (Linked) be valued by reference to their NAV as specified in the section
Rider (UIN:110A025V02) “Cut-off time for determining the appropriate valuation date”
This rider provides for the waiver of all future premiums of the Cut-off time for determining the appropriate valuation date
basic policy which fall due in case of death or while the The appropriate valuation date at which NAV will be used to
proposer is totally and permanently disabled (provided that the purchase or redeem Units shall be determined in the
death occurs /disability commences before the proposer following manner: -
reaches 70 years or the end of premium payment term of the
a) Purchase & Allocation of Units in respect of Premiums
basic plan, whichever is earlier). This rider will be allowed from
received or Fund Value(s) switched in:
entry age of 18 years up to 65 years (of the Proposer) and
• If the premiums, by way of cash or a local cheque or a
maximum maturity age of 70 years (of the Proposer). demand draft payable at par or the request for
The set of premium-paying riders are as below: switching in Fund Value(s) is/are received by us at or
1. Tata AIA Vitality Protect Plus (UIN: 110A048V01 or any before 3:00 p.m. of a Business Day at the place where
these are receivable, NAV of the date of receipt or the
later version) due date, whichever is later shall apply.
2. Tata AIA Vitality Health Plus (UIN: 110A047V01 or any later • If the premium/s, by way of cash or a local cheque or a
version) demand draft payable at par or the request for switching
in Fund Value(s) is/are received by us after 3:00 pm of a
3. Tata AIA Life Insurance Linked Comprehensive Health
business day, at the place where these are receivable,
Rider (UIN: 110A031V02 or any later version) NAV of the next valuation date following the receipt or
4. Tata AIA Life Insurance Linked Comprehensive Protection the due date, whichever is later shall apply.
Rider (UIN: 110A032V02 or any later version) • If the premium/s is received by us by way of an
3
For more details on the benefits, premiums and exclusions under these riders outstation cheque/outstation demand draft, NAV of
please refer to the Rider Brochure or contact our Insurance advisor or visit our the date of on which these instruments are realized
nearest branch office shall apply.
These are Unit deducting riders and no separate premium needs to be paid.
5 • In case of proposals or requests for Top-up Premium
where underwriting or Our approval is required, the
How is the NAV calculated? closing NAV of the day on which underwriting/approval
is completed in all respects or the date of receipt of
The Net Asset Value (NAV) of the segregated funds shall be premium (in case of cash or local cheque or demand
computed as: draft payable at par) or the date of cheque/demand
Market value of investment held by the fund + value of current draft realization (in case of an outstation
assets - (value of current liabilities and provisions, if any) cheque/demand draft) whichever is later shall apply.
• If premiums are received via standing instruction (such
----------------------------------------------------------------------- as auto pay, credit cards, electronic clearing system
Number of units existing on Valuation Date (before etc) the same procedure as for local cheques will apply
creation/redemption of units) with the date of sending the collection request to the
The Net Asset value (NAV) will be determined and published relevant bank/financial institution being taken as the
date of receipt of the local cheque.
daily in various financial newspapers and will also be available
on www.tataaia.com, the official website of Tata AIA Life. All b) Sale & Redemption of Units in respect of withdrawals,
you have to do is multiply the number of Units you have with surrender, Fund Value(s) switched out, death claim:
the published NAV to arrive at the value of your investments. • If a valid request/application is received by us at or
before 3:00 pm of a Business Day, NAV of the date of
Credit/Debit of Units receipt shall apply.
Premiums received, after deducting the Regular Premium/ • If a valid request/application is received by us after
Single Premium / Top-up Premium Allocation Charge and 3:00 pm of a Business Day, NAV of the next valuation
applicable Goods and Services Tax and cess as applicable, will date following the receipt shall apply.
be used to purchase Units at the NAV according to your
What are the options to manage my investments6?
instruction for allocation of Premium. Units purchased by
We offer you ample flexibility to manage your money so that
Regular /Single Premium and Top-up Premium, net of payable
you can reap maximum benefits of your investments.
premium allocation charge and applicable Goods and Service
Tax and cess as applicable , will be deposited into the Switching Between the Funds
Regular/Single Premium Fund Value and Top-up Premium During the policy term, you may switch your investment or part
Fund Value respectively. of investment from one fund to another as per your outlook
about the markets. Switching may be restricted if the
Where notice is required (Partial Withdrawal, Complete
Enhanced SMART is chosen. Please refer to Enhanced
withdrawal or death of the Insured), Units being debited shall SMART strategy for details. A total of 12 free switches are

17 18
allowed in a policy year after which charges will be applicable option to surrender any time during the lock-in period. Upon
on further switches as shown under “What are my receipt of request for surrender, the fund value, after
Policy Charges?" deducting the applicable discontinuance charges, shall be
credited to the discontinued policy fund.
Premium Re-direction
The policy shall continue to be invested in the discontinued
Premium Re-direction facility helps you to allocate future
policy fund and the proceeds from the discontinuance fund
premiums to a different fund or set of funds. There is no
shall be paid at the end of lock-in period. Only fund
Premium-Redirection charge. Premium Re-direction will not be
allowed if Enhanced SMART is chosen. management charge can be deducted from this fund during
this period. Further, no risk cover shall be available on such
6
Please contact our Insurance Advisor or visit our nearest branch office for
further details policy during the discontinuance period.
“Proceeds of the Discontinued Policy” means the fund value as
What if I want to discontinue paying premiums? on the date of discontinuance plus entire income earned after
Discontinuance of Premiums deduction of the fund management charges, subject to a
minimum guarantee of interest @ 4% p.a. or as prescribed by
Discontinuance of Premium within Five Years from the IRDAI from time to time.
Date of Commencement (Discontinuance of the policy
during lock-in period): In case of any attachable optional rider – The status for rider will
be same as base plan. i.e. If option a) is chosen under base plan,
a. For Regular/ Limited Premium Policies: then the rider will be lapsed and can we revived within 3 years
Where a Regular / Limited Premium due before the fifth Discontinuance of Premium after Five Years from the Date
policy anniversary remains unpaid at the end of the Grace of Commencement (Discontinuance of Policy after the
Period, in case of discontinuance of policy due to lock-in-Period):
non-payment of premium, the fund value after deducting
the applicable discontinuance charges, shall be credited to a) For Regular/ Limited Premium Policies:
the discontinued policy fund and the risk cover and rider Upon expiry of the grace period, in case of discontinuance
cover, if any, shall cease of policy due to non-payment of premium after lock-in
All such discontinued policies shall be provided a revival period, the policy shall be converted into a reduced paid
period of three years from date of first unpaid premium. On up policy with the paid-up sum assured i.e. original sum
such discontinuance, we shall communicate the status of assured multiplied by the total number of premiums paid to
the policy, within three months of the first unpaid premium, the original number of premiums payable as per the terms
to the policyholder and provide the option to revive the and conditions of the policy. The policy shall continue to be
policy within the revival period of three years. in reduced paid-up status without rider cover, if any. All
i) In case the policyholder opts to revive but does not charges as per terms and conditions of the policy may be
revive the policy during the revival period, the proceeds deducted during the revival period. However, the mortality
of the discontinued policy fund shall be paid to the charges shall be deducted based on the reduced paid up
policyholder at the end of the revival period or lock-in sum assured only.
period whichever is later. In respect of revival period On such discontinuance, Insurer shall communicate the
ending after lock-in period, the policy will remain in status of the policy, within three months of the first unpaid
discontinuance fund till the end of revival period. The premium, to the policyholder and provide the following
Fund management charges of discontinued fund will options:
be applicable during this period and no other charges (1) To revive the policy within the revival period of three
will be applied. years, or
ii) In case the policyholder does not exercise the option
(2) Complete withdrawal of the policy.
as set out above, the policy shall continue without any
risk cover and rider cover, if any, and the policy fund In case the policyholder opts for (1) above but does not
shall remain invested in the discontinuance fund. At the revive the policy during the revival period, the fund value shall
end of the lock-in period, the proceeds of the be paid to the policyholder at the end of the revival period.
discontinuance fund shall be paid to the policyholder In case the policyholder does not exercise any option as
and the policy shall terminate. set out above, the policy shall continue to be in reduced
iii) However, the policyholder has an option to surrender paid up status. At the end of the revival period the
the policy anytime and proceeds of the discontinued proceeds of the policy fund shall be paid to the
policy shall be payable at the end of lock-in period or policyholder and the policy shall terminate.
date of surrender whichever is later. However, the policyholder has an option to surrender the
b. For Single Premium Policies: policy anytime and proceeds of the policy fund shall
In case of Single premium policies, the policyholder has an be payable.

19 20
b) For Single Premium Policies: What are my policy charges7?
Policyholder has an option to surrender the Policy any Premium Allocation Charge
time. Upon receipt of request for surrender, the Fund Value
Regular Premium / Single Premium Allocation Charge as
as on Date of Surrender shall be payable. below will be deducted from the Regular Premium / Single
If Policy gets converted into Reduced Paid-up, policy will Premium. The net Regular Premiums/ Single Premium after
continue with the reduced sum assured as defined below: deduction of charges are invested in Funds as per your choice.
Reduced paid-up Sum Assured = Basic Sum Assured * (t For Single Pay
/ n) Premium Allocation Charge as a % of Single Premium
Where, Policy Year % of Single Premium
t = Total number of Premiums paid 1 3%
n=Total number of Premiums payable for the entire For Regular / Limited Pay
premium paying term
Premium Allocation Charge as a % of Annualised Premium
A reduced paid-up policy will continue as per policy terms
and conditions and charges as mentioned under “What Policy Year % of Annualised Premium
are the charges in your policy?" shall continue to 1 6%
be deducted. 2 6%
Policyholder will have an option of resuming payment of 3 to 5 5.5%
premiums with full sum assured before the end of revival 6 to 7 4.5%
period of three years from the date of last unpaid premium.
8 to 10 3.5%
Top-ups will not be allowed when the policy is in reduced
11 year onwards 2%
paid-up status .
Partial Withdrawal will be allowed during the reduced Top-up Premium Allocation Charge = 1.5% of Top-up premium
paid-up status The regular / single premium and top-up premium allocation
charges are guaranteed throughout the term of the policy.
What if I want to discontinue the policy? The above premium allocation charges shall not exceed the
Surrender Benefit and Surrender Terms & Conditions maximum premium allocation charge as declared by the
Authority which currently stands at 12.5% of Annualised
The policyholder can completely withdraw his/her policy Premium for any year.
anytime during the policy term by intimating the company.
Policy Administration Charge
If policyholder requests for Complete Withdrawal from the
policy – A Monthly Policy Administration Charge will be deducted by
cancelling Units at the NAV from the Fund Value of the policy
• Within the lock-in period; the surrender value i.e. the fund and this charge may be increased by upto a maximum of 5%
value less applicable discontinuance charges as on the p.a. compounded annually subject to a maximum of R 500 per
date of discontinuance shall be credited to the month which are the current caps specified by the Authority
‘Discontinued Policy Fund’ as maintained by the Company. and can change from time to time. Tabulated below is the
The ‘Proceeds of the Discontinued Policy’ i.e. the fund Monthly Policy Administration charge.
value as on the date of discontinuance plus entire income
earned after deduction of the fund management charges, For Single Pay Option - 0.90% p.a. of Single Premium
subject to a minimum guarantee of interest @ 4% p.a. or as throughout the policy term
prescribed by IRDAI from time to time shall be paid to the For Regular / Limited Pay Option - 0.75% p.a. of Annualised
policyholder after completion of the lock-in period. premium throughout the policy term
In case of death of the insured during this period the Fund Management Charge
“Proceeds of the Discontinued Policy” shall be payable to
A Fund Management Charge will be charged for each fund on
the nominee immediately.
each valuation date at 1/365 of the following annual rates and
• After the Lock-in Period; the total fund value as on the date will be applied on the total values of the investment funds as
of complete withdrawal shall be paid to the policy holder. given below
Lock-in period means the period of 5 consecutive years from Sr. Fund Management
the date of commencement of the policy, during which period Fund Name
No Charge per annum
the proceeds of the discontinued policies cannot be paid by
the insurer, except in the case of death or upon the happening 1 Multi Cap Fund 1.20%
of any other contingency covered under the policy. 2 India Consumption Fund 1.20%

21 22
Sr. Fund Management b) Regular/Single Premium Fund Value at the time of
Fund Name deduction of Mortality Charge
No Charge per annum
3 Top 50 fund 1.20%
Sum at Risk in each month for Top-up Premium Account is
the difference between:
4 Top 200 fund 1.20%
a) Maximum of (Top-up Sum Assured, from the relevant
5 Super Select Equity Fund 1.20% Top-up Premium Fund Value or 1.05 times total Top-up
6 Large Cap Equity Fund 1.20% Premiums paid)
7 Whole Life Mid-cap Equity Fund 1.20% and
8 Whole Life Aggressive Growth Fund 1.10% b) Top-up Premium Fund Value at the time of deduction of
9 Whole Life Stable Growth Fund 1.00% Mortality Charge.
10 Whole Life Income Fund 0.80% Mortality Charges per 1,000
Sample Age
Whole Life Short Term Fixed Sum at Risk (r) (per annum)
11 0.65%
Income Fund 25 1.187
12 Emerging Opportunities Fund 1.20% 35 1.122
13 Sustainable Equity Fund 1.20% 45 2.428
55 5.751
14 Dynamic Advantage Fund 1.20% 8
The Mortality Charges will be guaranteed for the period of the policy term.
15 Flexi Growth Fund 1.20% Females and smokers’ lives will be treated at par with other standard lives
16 Constant Maturity Fund 0.80% and will not be charged any extra amount
17 Target Maturity Fund 0.80% For complete details on Mortality Charges visit us at
18 Small Cap Discovery Fund 1.20% www.tataaia.com
19 Business Cycle Fund 1.20% Discontinuance Charge
20 Rising India Fund 1.20% The Policyholder can discontinue paying premium anytime
Fund Management Charges are subject to revision by during the policy term by intimating to the company. However
Company with prior approval of IRDAI but shall not exceed when the request for discontinuance from the policy is within
1.35% per annum of the Fund value which is the maximum the lock-in period of 5 years from policy inception, total fund
limit currently specified by the Authority and can change from value, net of discontinuance charges as on the date of
time to time. discontinuance shall be put in the ‘Discontinued Policy Fund’.
The ‘Proceeds of the Discontinued Policy’ i.e. the fund value as
A Fund Management Charge of 0.50% p.a. shall be charged on the date of discontinuance plus entire income earned after
on Discontinued Policy Fund. The current cap on Fund deduction of the fund management charges, subject to a
Management Charge (FMC) for Discontinued Policy Fund is minimum guarantee of interest @ 4% p.a. or as prescribed by
0.50% p.a. and shall be declared by the Authority from time IRDAI from time to time shall be paid to the Policyholder only
to time. after completion of the lock-in period.
The following table shows discontinuance charges applicable
Mortality Charge8 for Single Pay Option
The Mortality Charge of the Basic Policy will be deducted by
cancelling Units at the current NAV, from the Regular/Single Maximum Maximum
Premium Fund value of the Policy on each Policy Month Where the policy Discontinuance Discontinuance
Anniversary. In case of the Top-up Sum Assured, the same will is discontinued Charges for the Charges for the
be deducted from the Top-up Premium Fund Value. If the during the policy policies having Single policies having Single
Regular / Single Premium Fund Value is insufficient, then year Premium up to Premium above
Mortality Charge will be deducted from the Top-up Premium R 3,00,000/- R 3,00,000/-
Fund Value, if any and vice-versa. Lower of 2% of Single Lower of 1% of Single
Mortality charge = Sum at Risk (SAR) multiplied by the Premium or Single Premium or Single
applicable Mortality Rate for the month, based on the attained 1 Premium Fund Value Premium Fund Value
subject to a maximum subject to a maximum
age of the Life Assured.
of R 3,000/- of R 6,000/-
Sum at Risk in each month for Regular / Single Premium
Lower of 1.5% of Lower of 0.70% of
Account is the difference between:
Single Premium or Single Premium or
a) Maximum of (Basic Sum Assured net of all deductible 2 Single Premium Fund Single Premium Fund
partial withdrawals, if any, from the relevant Regular/Single Value subject to a Value subject to a
Premium Fund Value or 1.05 times total Regular/Single maximum of R 2,000/- maximum of R 5,000/-
premiums paid)
and
23 24
 Fund Switching Charge
Maximum Maximum
Where the policy Discontinuance Discontinuance There are 12 (twelve) free switches per policy year. Thereafter a
is discontinued Charges for the Charges for the charge of R100/- per switch will be applicable. This Charge
during the policy policies having Single policies having Single may be revised as deemed appropriate by the Company
year Premium up to Premium above subject to prior approval of IRDAI but shall not exceed a
R 3,00,000/- R 3,00,000/- maximum of R 250/- or the maximum Switching Charge
Lower of 1% of Single Lower of 0.50% of declared by the Authority from time to time.
Premium or Single Single Premium or
3 Premium Fund Value Single Premium Fund Miscellaneous Charge:
subject to a maximum Value subject to a Premium Re-direction Charge
of R 1,500/- maximum of R 4,000/-
There is no Premium Re-direction Charge.
Lower of 0.5% of Lower of 0.35% of 7
The Company may alter all the above charges (except Mortality Charge and
Single Premium or Single Premium or Premium Allocation Charges which are guaranteed throughout the term) by
4 Single Premium Fund Single Premium Fund giving an advance notice of at least three months to the policyholder subject
Value subject to a Value subject to a to the prior approval of IRDAI and will have prospective effect.
maximum of R 1,000/- maximum of R 2,000/- In case of Single Premium Policy, the policy will terminate as
5 and onwards Nil Nil and when the total fund value becomes less than or equal to
The following table shows discontinuance charges applicable 1% of Single Premium and the balance Fund Value shall be
for Regular / Limited Pay Option payable to you. This situation may result because of the
combined impact of partial withdrawals at inopportune time
Maximum Maximum and fund performance.
Where the policy Discontinuance Discontinuance
is discontinued Charges for the Charges for the After completion of premium paying term for regular premium
during the policy policies having policies having policy, the policy will terminate as and when the total fund value
year annualized premium annualized premium becomes less than or equal to one Annualised Premium and
up to R 50,000/- above R 50,000/- the balance fund value shall be payable to you. This situation
Lower of 20% of Lower of 6% of may result because of the combined impact of partial
Annualised Premium or Annualised Premium or withdrawals at inopportune time and fund performance.
1 Regular Premium Fund Regular Premium Fund Policy Termination
Value subject to a Value subject to a
maximum of R 3,000 maximum of R 6,000 All coverage under this Policy shall automatically terminate on
Lower of 15% of Lower of 4% of the occurrence of the earliest of the following:
Annualised Premium or Annualised Premium or (1) Date of Maturity of policy
2 Regular Premium Fund Regular Premium Fund
Value subject to a Value subject to a (2) Date of complete withdrawal
maximum of R 2,000 maximum of R 5,000 (3) Date of Death of the Insured, or
Lower of 10% of Lower of 3% of (4) Date of end of lock-in-period/revival period, whichever is
Annualised Premium or Annualised Premium or later in case of Discontinuance of Premium within 5 years,
3 Regular Premium Fund Regular Premium Fund
provided the policy is not revived during the revival period.
Value subject to a Value subject to a
maximum of z 1,500 maximum of R 4,000 (5) In case of Single Premium Policy, the policy will terminate
Lower of 5% of Lower of 2% of as and when the total fund value becomes less than or
Annualised Premium or Annualised Premium or equal to 1% of Single Premium and the balance Fund
4 Regular Premium Fund Regular Premium Fund Value shall be payable to the policyholder. This situation
Value subject to a Value subject may result because of the combined impact of partial
maximum of R 1,000 maximum of R 2,000 withdrawals at inopportune time and fund performance.
5 and onwards Nil Nil
(6) After completion of premium paying term for regular
There are no discontinuance charges applicable on the Top-up premium policy, the policy will terminate as and when the
premium Fund Value. total fund value becomes less than or equal to one
The maximum discontinuance charge shall not exceed the Annualised Premium and the balance fund value shall be
limits as decided by the Authority from time to time. payable to the policyholder. This situation may result
because of the combined impact of partial withdrawals at
Partial Withdrawal Charge inopportune time and fund performance.
There are no partial withdrawal charges under this plan. In-force premium paying policies shall not be foreclosed.

25 26
 Tax Benefits
Terms and Conditions
Income Tax benefits would be available as per the prevailing tax
Free Look Period laws subject to fulfillment of conditions stipulated therein. Income
If You are not satisfied with the terms & conditions, You have Tax laws are subject to change from time to time. Tata AIA Life
the right to cancel the Policy by giving written notice to Us Insurance Company Ltd. does not assume responsibility on tax
stating objections/ reasons and You will receive the implication mentioned anywhere in this document. Please consult
non-allocated premium plus charges levied by cancellation of your own tax consultant to know the tax benefits available to you.
units plus fund value at the date of cancellation less (a) Assignment
proportionate risk premium for the period of cover (b) medical
examination costs, if any and (c) stamp duty, along with Goods Assignment allowed as per provisions of Section 38 of the
and Services Tax and cess as applicable on above which has Insurance Act 1938 as amended from time to time.
been incurred for issuing the Policy. Such notice must be Nomination
signed by You and received directly by Us within 15 days after
Nomination allowed as per provisions of Section 39 of the
You or person authorized by you receives the Policy. This
Insurance Act 1938 as amended from time to time.
period of 15 days shall stand extended to 30 days, if the policy
is sourced through distance marketing mode9. Prohibition of Rebates - Section 41 - of the Insurance Act,
9
Distance Marketing includes every activity of solicitation (including lead 1938, as amended from time to time
generation) and sale of insurance products through voice mode, SMS 1. No person shall allow or offer to allow, either directly or
electronic mode, physical mode (like postal mail) or any other means of indirectly, as an inducement to any person to take out or
communication other than in person. renew or continue an insurance in respect of any kind of
risk relating to lives or property in India, any rebate of the
Grace Period
whole or part of the commission payable or any rebate of
If you are unable to pay your Regular Premium on time, starting the premium shown on the policy, nor shall any person
from the date of first unpaid premium, a grace period of 30 taking out or renewing or continuing a policy accept any
days will be offered for policies on Annual, Semi- Annual or rebate, except such rebate as may be allowed in
Quarterly Modes. For Policies on monthly mode the grace accordance with the published prospectuses or tables of
period would be 15 days. During this period your policy is the Insurer.
considered to be in force with the risk cover as per the terms &
conditions of the policy. DISCLAIMERS
• The Product is also available for sales through online mode
Backdating including Company’s Website www.tataaia.com
Backdating is not allowed in this plan. • Investments are subject to market risks.
Policy Loan • Unit Linked Life Insurance products are different from the
Policy Loan is not allowed in this plan. traditional insurance products and are subject to the risk
factors. Please know the associated risks and the applicable
Juvenile charges, from your Insurance agent or the Intermediary or
Where the Policy is issued on the life of a minor, the Policy shall policy document issued by the insurance company.
automatically vest in the Life Insured on his/her attaining age of • The various funds offered under this contract are the
majority. On vesting, the Company shall recognize the Life names of the funds and do not in any way indicate the
Insured to be the Policyholder. quality of these plans, their future prospects and returns.
The underlying Fund’s NAV will be affected by interest rates
Exclusions and the performance of the underlying stocks
In case of death due to suicide within 12 months from the date • The performance of the managed portfolios and funds is
of commencement of the policy or from the date of revival of not guaranteed and the value may increase or decrease in
the policy, the nominee or beneficiary of the policyholder shall accordance with the future experience of the managed
be entitled to fund value/policy account value, as available on portfolios and funds. Past performance is not indicative of
the date of intimation of death. Any charges other than Fund future performance.
Management charges recovered subsequent to the date of • The Premium paid in the Unit Linked Life Insurance Policies
death shall be paid-back to the nominee or beneficiary along are subject to investment risks associated with capital
with death benefit. markets and the NAVs of the units may go up or down
For exclusions on the rider benefits, please refer to the based on the performance of fund and factors influencing
respective supplementary contract. the capital market and the Insured is responsible for his/her
decisions.

27 28
• Buying a life insurance policy is a long-term commitment.
An early termination of the policy usually involves high
costs and the Surrender Value payable may be less than
the total premiums paid.
• The brochure is not a contract of insurance. This brochure
should be read along with Benefit Illustration. The precise
terms and conditions of this plan are specified in the policy
contract available on Tata AIA Life website.
• Tata AIA Life Insurance Company Ltd. is only the name of
the Insurance Company and Tata AIA Life Insurance
Fortune Pro is only the name of the Unit Linked Life
Insurance Contract and does not in any way indicate the
quality of the contract, its future prospects or returns.
• This product is underwritten by Tata AIA Life Insurance
Company Ltd. This plan is not a guaranteed Issuance plan
and it will be subject to Company’s underwriting and
acceptance
• Insurance cover is available under this product.
• Riders are not mandatory and are available for a nominal
extra cost. For more details on benefits, premiums and
exclusions under the Rider(s), please contact Tata AIA
Life's Insurance Advisor/ Branch.
• Participation by customers shall be on voluntary basis
• This product will be offered only to Standard lives

IRDAI is not involved in activities like selling

BEWARE OF SPURIOUS
insurance policies, announcing bonus or
PHONE CALLS
AND FICTIOUS / investment of premiums. Public receiving
FRAUDULENT OFFERS such phone calls are requested to lodge a
police complaint.

29 30