Tata aig life gyan kosh

					                                                                                      PRBR00686
                                                                                      UIN: 110L099V01
                                                                                      Unique Reference No.: L&C/Advt/2010/Dec/396




                  Tata AIG Life Insurance Company Ltd. (Reg.110),
                                                 nd
Registered & Corporate Office :Delphi - B Wing, 2 Floor, Orchard Avenue,
                     Hiranandani Business Park, Powai, Mumbai 400 076
       Visit us at www.tata-aig-life.com or call toll-free on 1800-11-9966
                                          [For MTNL/BSNL subscribers]
                               Insurance is the subject matter of the solicitation.
                                                                • Provide a dual benefit i.e. pay death benefit to the
                                                                  nominee in case of death of insured and policy benefits
       Tata AIG Life Insurance Gyan Kosh                          will continue

A treasure chest that ensures fulfillment of your dreams        • Waive all future regular premiums in case of death or
                                                                  total permanent disability of the insured

                                                              ä Options to choose any one of the following waiver of

   IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT            premium (WoP) benefits
        PORTFOLIO IS BORNE BY THE POLICYHOLDER
                                                                • Family Guard3 - Get 100% of the future premiums paid
                                                                  into your policy as if the policy is on monthly mode,
                                                                  (OR)
Knowledge is treasure. One of our most important
responsibilities as a parent is to empower our children         • Family Advantage4 - Get 50% of future premiums paid
with the best possible education that will give them a            into your policy as if the policy is on monthly mode and
head-start in life. Our dreams for our children don't just        50% as cash payouts to the policyholder/nominee that
include education; they extend to other milestones in their       acts as a supplementary income to the family'.
lives like marriage or even setting up a business. One                                        1
                                                              ä In addition, the Security Net option provides your family
needs an investment avenue that takes care of their
                                                                with a readjustment income of 1% of Basic Sum Assured
educational expenses and other financial responsibilities
                                                                for 100 months or till end of policy term, whichever is
towards our loved ones. One also needs a plan that
                                                                earlier, on death or total permanent disability5
ensures that in the unfortunate event of the death or
disability of life insured, the journey of the loved ones     ä Guaranteed Maturity Addition paid on maturity
                                                                                                                 6


towards success and happiness is not hampered by any
                                                              ä Choice of 7 investment funds and 2 portfolio strategies
financial constraints.
                                                              ä 3 riders for 'added protection’
Presenting, Tata AIG Life Insurance Gyan Kosh, a non-
participating unit linked endowment insurance plan with
in-built benefits that ensures your savings for your child    Eligibility Criterion
and all your near and dear ones continue to be protected      Entry Age                   18 years to 50 years
even in case of unfortunate events. This plan has two
options to choose from: Security Net - in which future        Maximum Maturity Age        65 years
premiums are waived and a readjustment income, in the         Policy Term                 15 to 25 years
form of Family Income Benefit is provided to your family
                                                              Premium Paying Term         Same as policy term
and Safety Net - in which future premiums are waived.
These benefits are applicable in case of unfortunate          Minimum Premium             Security Net Option1
demise as well as total permanent disability of the life                                  `30,000 p.a. for Annual Mode
assured.                                                                                  `36,000 p.a. for Other Modes
Invest in Tata AIG Life Insurance Gyan Kosh today and                                     Safety Net Option2
cement your near and dear one's journey to success.                                       `20,000 p.a. for Annual Mode
Key features                                                                              `24,000 p.a. for Other Modes

ä Two protection options to choose from                       Minimum Sum Assured         • for Insured's Age < 45 years :
                                                                                          Higher of (10*Annualised
  • Security Net1: with inbuilt Waiver of Premium and                                     Premium or 0.5*Policy Term*
    Family Income Benefit                                                                 Annualised Premium)

  • Safety Net2: with inbuilt Waiver of Premium Benefit                                   • for Insured Age>= 45 years :
                                                                                          Higher of ( 7* Annualised
ä In both the options, we will                                                            Premium or 0.25*Policy Term*
                                                                                          Annualised Premium)
                                                              Maximum Sum Assured         Policy Term* Annualised Premium

                           2                                                             3
                                                               $
I. What are the Benefits available under this plan?             This chart provides an overview of the benefits offered.
                                                               Please read the sections Death Benefit, Disability Benefit and
  This non-participating unit linked endowment insurance
                                                               Maturity Benefit below, carefully for further details
  plan offers the following benefits:
                                                               #
                                                                Please refer to point (a) under Security Net1 and Safety Net2
           Protection Benefit Options available  $
                                                               below for details.
                                                               $$
                                                                 Total Fund Value is equal to the value of the Regular
                       Security Net1
                                                               Premium Fund and the value of the Top-Up Fund (if any)
 (Inbuilt Waiver of Premium and Family Income Benefit)
                                                               valued at applicable unit price.
                                                               The benefit options available - Security Net / Safety Net and
            On                              On                 further Family Guard / Family Advantage are to be chosen at
           Death                 Total Permanent Disability    policy inception and cannot be changed during the policy term.
                                                               Death Benefit
    Sum Assured Paid#
                                                               In case of your unfortunate demise while the policy is in
Plus                                                           force, basis the option you have chosen, we will:
 All Future Premiums Waived and Policy Benefits Continue       1
                                                               Security Net - Inbuilt Waiver of Premium Benefit (WoP)
 Options available:
                                                               + Family Income Benefit (FIB)
 • Family Guard3 - 100% of future regular premiums paid into
   the policy OR                                               a) Pay to the nominee the Higher of (Basic Sum Assured or
 • Family Advantage4- 50% of future regular premiums paid         105% of the Total Regular Premiums paid). In addition,
   into the policy & 50% paid to the policy holder /nominee       we will pay higher of (Approved Top-Up Sum Assured(s)
                                                                  or 105% of the Total Top-Up Premiums paid), if applicable
Plus
                                                               b) Depending on the Waiver of Premium (WoP) selected-
 1% of the Basic Sum Assured paid every month for the
                                                                    3
 next 100 months or till the end of policy Term, whichever           Family Guard: we will continue your policy benefits by
 is earlier5                                                        paying 100% of the future Regular Premiums in to your
                                                                    policy as if, the policy is on monthly mode up to the policy
 Plus                                                               term.
 Total Fund Value$$ paid to the policyholder/nominee                OR
 on Maturity                                                        4
                                                                     Family Advantage: We continue your policy benefits by
                                                                    paying 50% of the future Regular Premiums in to your
                           OR                                       policy as if the policy is on monthly mode. The remaining
                                                                    50% are paid to the nominee as cash payouts, as if the
                       Safety Net2
                                                                    policy is on monthly mode up to the policy term
           (Inbuilt Waiver of Premium Benefit)
                                                                    5
                                                               c)    Additionally, under the Family Income Benefit, we will
                                                                    pay 1% of the Basic Sum Assured to the nominee every
            On                              On                      month for the next 100 months or till the end of policy
           Death                 Total Permanent Disability         term, whichever is earlier.
                                                               d) During the period while the regular premiums are waived
                       #                                          under this benefit, all policy charges (except for Mortality
    Sum Assured Paid                                              charge, Waiver of Premium charge and Family Income
Plus                                                              Benefit Charge) will be deducted as due
 All Future Premiums Waived and Policy Benefits Continue       e) All Rider Coverage mentioned under 'Attachable Riders'
 Options available:                                               (if chosen) will terminate.
 • Family Guard3 - 100% of future regular premiums paid into
                                                               f)   On completion of the policy term, Maturity Benefit will be
   the policy OR
                                                                    paid to the nominee.
 • Family Advantage4 - 50% of future regular premiums paid
   into the policy & 50% paid to the policyholder/ nominee     g) No changes in investment related options such as fund
                                                                  switching, premium redirection, partial withdrawal,
 Plus                                                             complete withdrawal, etc. under or in relation to the
                                                                  policy will be permitted after the death of the Insured.
 Total Fund Value$$ paid to the policyholder/ nominee on
 Maturity

                           4                                                               5
2
Safety Net - Inbuilt Waiver of Premium Benefit (WoP)                c) During the period while the Regular Premiums are
                                                                       waived under this benefit, all policy charges (including
a) Pay to the nominee the Higher of (Basic Sum Assured or
                                                                       Mortality charge but excluding Waiver of Premium
   105% of the Total Regular Premiums paid). In addition, we
                                                                       charge and Family Income Benefit Charge) will be
   will pay higher of (Approved Top-Up Sum Assured(s) or
                                                                       deducted as due
   105% of the Total Top-Up Premiums paid), if applicable.
                                                                    d) All Rider Coverage mentioned under 'Attachable Riders'
b) Depending on the Waiver of Premium Benefit (WoP)
                                                                       (if chosen) will terminate. However, the riders can be
   selected-
                                                                       reinstated if the Waiver of Premium benefit/ Family
     3
      Family Guard: we will continue your policy benefits by           Income Benefit is stopped. (i.e. only after the Insured
     paying 100% of the future Regular Premiums in to your             does not remain such disabled.)
     policy as if the policy is on monthly mode.
                                                                    e) In case of survival till the end of the policy term, Maturity
     OR                                                                Benefit will be paid to you. In case of your unfortunate
     4                                                                 demise before the policy term, the death benefit
      Family Advantage: We continue your policy benefits by
                                                                       provisions would apply.
     paying 50% of the future Regular Premiums in to your
     policy as if the policy is on monthly mode. The remaining      f)   Apart from fund switching, premium redirection, partial
     50% are paid to the nominee as if the policy is on monthly          withdrawals and complete withdrawal, no changes
     mode up to the policy term.                                         under or in relation to the policy will be permitted during
                                                                         the period that Regular Premiums are waived.
c) During the period while the Regular Premiums are
                                                                    2
   waived under this benefit, all policy charges (except for        Safety Net - Inbuilt Waiver of Premium (WoP)
   Mortality charge, Waiver of Premium charge) will be
                                                                    a) Depending on the Waiver of Premium (WoP) Benefit
   deducted as due
                                                                       selected-
d) All Rider Coverage mentioned under 'Attachable Riders'                3
                                                                          Family Guard: We continue your policy benefits by
   (if chosen) will terminate.
                                                                         paying 100% of the future Regular Premiums into your
e) On completion of the policy term, Maturity Benefit will be            policy as if the policy is on monthly mode.
   paid to the nominee.
                                                                         OR
f)   No changes in investment related options such as fund               4
                                                                          Family Advantage: We continue your policy benefits by
     switching, premium redirection, partial withdrawal,
                                                                         paying 50% of the future Regular Premiums into your
     complete withdrawal etc under or in relation to the policy
                                                                         policy as if the policy is on monthly mode. The remaining
     will be permitted after the death of the Insured.
                                                                         50% are paid to you as if the policy is on monthly mode
Disability Benefit                                                       up to the policy term.
In case of your total permanent disability while the policy is in   b) During the period while the Regular Premiums are
force, basis the option you have chosen we will pay:                   waived under this benefit, all policy charges (including
1
 Security Net - Inbuilt Waiver of Premium Benefit (WoP)                Mortality charge but excluding Waiver of Premium
+ Family Income Benefit (FIB)                                          charge) will be deducted as due

a) Depending on the Waiver of Premium Benefit (WoP)                 c) All Rider Coverage mentioned under 'Attachable Riders'
   selected-                                                           (if chosen) will terminate. However, the riders can be
     3                                                                 reinstated if the Waiver of Premium benefit/ Family
      Family Guard: We continue your policy benefits by
                                                                       Income benefit is stopped. (i.e. only after the Insured
     paying 100% of the future Regular Premiums into your
                                                                       does not remain such disabled.)
     policy as if the policy is on monthly mode up to the policy
     term.                                                          d) In case of survival till the end of the policy term, Maturity
                                                                       Benefit will be paid to you. In case of your unfortunate
     OR
     4
                                                                       demise before the policy term, the death benefit
      Family Advantage: We continue your policy benefits by            provisions would apply.
     paying 50% of the future Regular Premiums into your
     policy as if the policy is on monthly mode. The remaining      e) Apart from fund switching, premium redirection, partial
     50% are paid to you as cash payouts, as if the policy is on       withdrawals and complete withdrawal, no changes
     monthly mode up to the policy term                                under or in relation to the policy will be permitted during
     5
                                                                       the period that Regular Premiums are waived.
b)    Additionally, under the Family Income Benefit, we will
     pay 1% of the Basic Sum Assured to the policyholder            Maturity Benefit
     every month for the next 100 months or till the end of         On survival to the end of the policy term, you will receive the
     policy term, whichever is earlier.                             Total Fund Value, which is equal to the value of the Regular

                            6                                                                   7
Premium Fund and the value of the Top-Up Fund (if any)                       Service tax is applicable as per governing laws and the same
valued at applicable unit price, plus Guaranteed Maturity                    shall be borne by the policyholder. Tata AIG Life Insurance
Addition6 (if applicable).                                                   Company Limited reserves the right to recover from the
6                                                                            Policyholder, any levies and duties (including service tax), as
 Guaranteed Maturity Addition
                                                                             imposed by the government from time to time.
Guaranteed Maturity Addition will be paid as a % of the
Regular Premium Fund Value as on the date of maturity as per
the table below:                                                              II. What Flexibilities does my Policy have^?
                                                                              This is a regular pay policy and it is in your best interest to
         Policy Term              Guaranteed Maturity Addition                stay invested for the entire term. This will enable you to not
        15 to 19 years                      1.50%                             only follow a disciplined savings approach, but also, enjoy all
     20 years and above                     3.00%                             the special benefits offered under the innovative product.
                                                                              However, for contingency needs during the term of the
Guaranteed Maturity Addition will be paid subject to all due                  policy, you may avail of the partial withdrawal option.
premiums paid and Waiver of Premium / Family Income                           Flexibility of Partial Withdrawals:
Benefit not being triggered anytime during the policy term.
Guaranteed Maturity addition will not be payable on the                       In case you need money for any emergency or otherwise,
death of the Insured or total permanent disability or lapse or                this plan offers you an option to withdraw from your fund.
complete withdrawal of the policy or on the Top-Up Fund                       The withdrawals from regular premium fund are allowed
Value under the policy (if applicable).                                       after five anniversaries from the date of issuance of your
                                                                              policy, provided policy is in force. Minimum partial
Your Benefit Illustration#                                                    withdrawal is `5,000 subject to Total Fund Value post such
The table below gives the Maturity Benefit for a Healthy                      withdrawals is not less than an amount equivalent to one
Person aged 35 years                                                          year's Annualised Regular Premium.
• Fund Allocation: 50% in Large Cap Equity Fund and 50%                       Partial Withdrawals should be made first from the Top-Up
   in Whole Life Mid Cap Equity Fund                                          Premium Fund and then from the Regular Premium Fund, if
• Annualised Regular Premium: `1,00,000                                       amount in the Top-Up Premium Fund is insufficient.
• Mode of payment: Annual                                                     Maximum of four (4) partial withdrawals are allowed in a

                                                                                                        Non Guaranteed Benefits

         Benefit                                                      Guaranteed         Higher Rate Illustration (10%)         Lower Rate
                                                                       Benefits                                              Illustration (6%)

                          Policy Term$    Annual Regular   Premium     Basic Sum          Maturity            Net Yield**       Maturity
                                           Premium (`)     Multiple     Assured          Benefit# (`)          @ 10%           Benefit# (`)
                                                            Chosen
                               15            1,00,000            10    10,00,000          28,58,863             8.38%           20,26,429
       Security Net
                               25            1,00,000        12.5      12,50,000          76,41,301             8.60%           40,75,169
                               15            1,00,000            10    10,00,000          29,05,022             8.38%           20,59,663
        Safety Net
                               25            1,00,000        12.5      12,50,000          79,13,958             8.60%           42,43,742
#
 Some benefits are guaranteed and some benefits are                           policy year. There are no charges on partial withdrawals.
variable (Non-guaranteed) with returns based on the future                    Partial withdrawal from the Top-Up Premium Fund can be
performance of your Insurer carrying on life insurance                        allowed only after 5 policy years from the date of acceptance
business.                                                                     of each such Top-Up Premium. Partial withdrawal will not be
Computation of Maturity Benefit excludes service tax. For                     allowed post Insured's death. Partial Withdrawals are allowed
benefit values, net of service tax, please refer to the Sales                 in case of Total Permanent Disability of the Insured. The
Illustration.                                                                 Company may alter the partial withdrawal rules, on prior
$
    Premium paying term is same as policy term.                               approval from the Insurance Regulatory and Development
**
 Computation of the net yield excludes mortality charges,                     Authority.
inbuilt benefit charges and service tax on charges as                         Flexibility to Increase/ Decrease the Sum Assured
applicable.                                                                   You have the flexibility to pay additional premium as "Top-Up
                                                                              Premium" at any time , provided the policy is in force, except

                              8                                                                           9
during the last five years of the policy term. You can Top-Up    Tata AIG Life Critical Illness (Lump sum Benefit) Rider
your policy up to four times in a policy year. The minimum       (UIN: 110C012V01)
Top-Up amount is `5,000/-. Acceptance of Top-Up Premium
                                                                 In case you are diagnosed with a critical illness, or need
is subject to prevailing underwriting rules. Top-Up Premiums
                                                                 surgery, this benefit provides you with a lump sum amount.
will not be allowed during disability benefit period and post
                                                                 The benefit covers cancer, stroke, heart attack, coronary
the death of the Insured. Every Top-Up Premium will have a
                                                                 bypass graft surgery, kidney failure and major organ
Lock-in period of five years from the date of acceptance of
                                                                 transplants. For this benefit to be payable, the insured needs
such Top-Up premiums.
                                                                 to survive for a period of at least 30 days post the operation/
You shall be given an additional Sum Assured for every Top-      diagnosis of critical illness. There is a waiting period of 180
Up Premium paid. You can choose a multiple equal to 1.25/        days from the date of issue of the rider, after which the cover
2.5/ 5/ 10 times Single Top-Up Premium if you are below 45       gets activated. While this benefit ceases after you make one
years age and 1.1/2.5/5/ 10 times Single Top-Up Premium if       claim, your basic policy will be kept in force, provided you
your age is 45 and above, subject to underwriting.               continue to pay the basic premiums.
Top-Up premiums are subject to charges as described under        In case of death or total permanent disability of the life
"What are my Premium and Policy Charges?".                       insured, all the attachable riders as listed above will be
                                                                 terminated without any value
You also have an option to increase or decrease the Basic
                                                                 8
Sum Assured and Top-Up Sum Assured by way of changing             Riders are not mandatory and are available for a nominal
the premium multiple and Top-Up premium multiple                 extra cost. For more details on the benefits, nature of
respectively, subject to underwriting and the minimum basic      illnesses covered, premiums and exclusions under these
Sum Assured/Top-Up Sum Assured allowed under this                riders, please contact our Insurance advisor or visit our
product as per ULIP guidelines respectively.                     nearest branch office.
Increase/decrease in Basic Premium is not allowed.               Settlement Option
Change in Sum Assured / Top-Up Sum Assured is not                Provided policyholder is alive on the maturity date, he/she
allowed during disability benefit period.                        has an option to receive the maturity amount either in lump
                                                                 sum or in installments over a period of time. This period,
Flexibility of Premium Mode
                                                                 termed as Settlement Period, may be extended up to a
You may choose to pay your premiums7 Annually, Semi-             maximum of five years from the date of maturity. The
annually, Quarterly or even Monthly as per your                  frequency and amount of the installments will be chosen by
convenience.                                                     you at the time of maturity while exercising this option. The
7                                                                value of such periodical payments will depend on the
 Monthly Premium = 0.0833 of Annual Regular Premium,
                                                                 performance of the funds selected for investment. Switching
Quarterly Premium = 0.25 of Annual Regular Premium,
                                                                 and partial withdrawals (other than the aforesaid periodical
Semi-annual Premium = 0.50 of Annual Regular Premium
                                                                 payments) are not available during the Settlement Period. At
subject to minimum premium conditions for each mode
                                                                 any time during the settlement period, you have the option to
Flexibility of Additional Coverage8                              withdraw the Total Fund Value.
Tata AIG Life Accidental Death Benefit (ADB) Rider (UIN:         During Settlement Period, no life cover or other insurance
110C003V01)                                                      cover will be provided. In the unfortunate event of death, the
                                                                 Total Fund Value at the time of death will be returned to the
This Rider provides for an additional benefit amount up to the
                                                                 nominee. During this period, Fund Management Charges
Basic Sum Assured purchased, subject to underwriting
                                                                 and Policy Administration Charge will be deducted as shown
rules, in case of death due to an accident.
                                                                 under "What are my Premium and Policy Charges?"
Tata AIG Life Accidental Death and Dismemberment (Long
                                                                 During this Settlement Period, the inherent investment risk
Scale) (ADDL) Rider (UIN: 110C004V01)
                                                                 will be borne by the policyholder.
This coverage includes an accidental death benefit up to the     ^
                                                                  Conditions apply. Please contact our Insurance Advisor or
Basic Sum Assured purchased subject to underwriting rules,
                                                                 visit our nearest branch office for further details
and a schedule of benefit percentages of the Basic Sum
Assured, payable in case of accidental dismemberment or          III. Where is my money invested?
severe burns. A double indemnity is payable for certain
accidental deaths as described in the policy document.           This product offers you the flexibility to invest in a manner
                                                                 that suits your investment risk profile and individual needs.
Please note that you can either opt for Tata AIG Life
                                                                 a) You can choose from the 7 investment fund options
Accidental Death Benefit rider or Tata AIG Life Accidental
Death and Dismemberment (Long Scale) rider.                          OR
                                                                 b) Choose any of the PORTFOLIO STRATEGIES from below

                         10                                                                11
i)   Systematic Money Allocation & Regular Transfer                  Name of    Fund Objective              Fund             Risk
     (SMART)                                                         the Fund                               Allocation       Profile
ii) Automatic Asset Allocation (AAA)                                 Whole      The primary investment      Equities and   Medium
                                                                     Life       objective of the Fund is    Equity linked  to High
You can choose from a variety of funds.                                         to provide higher returns   Instruments -
                                                                     Aggressi
Your Regular Premium and Top-Up Premium (if any), net of             ve         in long term by investing   50-80%; Debt
premium allocation charges is invested in one or more                Growth     primarily in Equities       Instruments-
                                                                     Fund       along with debt/ money      20-50%; Cash /
investment funds as per your required asset allocation. You
                                                                                market instruments.         Money Market
have the option to choose any or all of the 7 Funds or such                                                 Instruments-
funds as are available at the time of allocation, based on your                                             upto 50%
preferred asset allocation.
                                                                     Whole      The primary investment      Equities and    Low to
Name of     Fund Objective                 Fund            Risk      Life       objective of the Fund is    Equity linked   Medium
the Fund                                   Allocation      Profile   Stable     to provide stable returns   Instruments -
                                                                     Growth     by balancing the            30-50%; Debt
Large       The primary investment         Equities and    High      Fund       investment in Equities      Instruments 50-
Cap         objective of the Fund is       Equity linked                        and debt/ money market      70%; Cash /
Equity      to generate long - term        Instruments -                        instruments.                Money Market
Fund        capital appreciation           80 to 100%;                                                      Instruments-
            from a portfolio that is       Cash / Money                                                     upto 70%
            invested pre-dominantly        Market
                                           Instruments               Whole      The primary investment      Debt            Low
            in large cap equity and
                                                                     Life       objective of the Fund is    Instruments- 60
            equity linked securities.      upto 20%
                                                                     Income     to generate income by       to 100%; Cash
                                                                     Fund       investing in a range of     / Money Market
                                                                                debt and money market       Instruments-
Whole       The primary investment         Equities and    High
                                                                                instruments of various      upto 40%
Life Mid-   objective of the Fund is to    Equity linked
                                                                                maturities with a view to
Cap         generate long - term           Instruments- 60
                                                                                maximize the optimal
Equity      capital appreciation from      to 100%;                             balance between yield,
Fund        a portfolio that is invested   Cash/ Money                          safety and liquidity.
            pre-dominantly in Mid          Market
            Cap Equity and Mid Cap         Instruments               Whole      The primary investment      Debt             Low
            Equity linked securities.      upto 40%                  Life       objective of the Fund is    Instruments of
                                                                     Short-     to generate stable          duration less
                                                                     Term       returns by investing in     than 3 years-
Super       The primary investment         Equity and     High       Fixed      fixed income securities     60 to 100%;
Select      objective of the Fund is       Equity Linked             Income     having shorter maturity     Cash / Money
Equity      to provide income              instruments -             Fund       periods. Under normal       Market
Fund        distribution over a            60 to 100%;                          circumstances, the          Instruments-
            period of medium to            Debt and Cash/                       average maturity of the     upto 40%
            long term while at all         Money Market                         Fund may be in the
            times emphasizing the          Instruments                          range of 1-3 years.
            importance of capital          - 0- 40%
            appreciation. The fund                                   The company may add/remove additional investment linked
            will invest significant                                  funds from time to time subject to prior approval from the
            amount in equity and                                     IRDA.
            equity linked                                            Under exceptional circumstances investment in Cash /
            instruments specifically                                 Money Market Instruments in all above funds may go up to
            excluding companies
                                                                     100%.
            predominantly dealing in
            Gambling, Lotteries/                                     Exceptional circumstances may include
            Contests, Animal                                         a)   Global financial or credit crisis,
            Produce, Liquor,
                                                                     b)   War like situation,
            Tobacco, Entertainment
            (Films, TV etc) Hotels,                                  c)   Political uncertainty
            Sugar, Leather, Banks                                    d)   Events like Political/ Communal disturbance which
            and Financial                                                 affects Indian economy and in turn impacts severely on
            Institutions.                                                 Fixed Income/ Equity market.

                            12                                                                13
These funds have different risk profiles based on different            switch and minimum fund after switch etc. for normal
types of investments that are offered under these funds. The           switching option shall be as applicable during the
returns are expected to vary according to the risk profile9.           SMART
9
Returns are subject to market conditions.                          ä   Any amount remaining in regular premium funds, other
                                                                       than the Accumulation Fund and the Target Fund, would
b) Choose any of the PORTFOLIO STRATEGIES from                         continue to remain invested in those funds
   below:
                                                                   ä   SMART Option will not be available during
i)   Systematic Money Allocation & Regular Transfer                    discontinuance of Premium
     (SMART) Investment:
                                                                   ä   SMART Option is free of charge.
It is a systematic transfer plan that allows a customer to enter   ä   SMART Option will not be available for Top-Up Premium
the volatile equity market in a structured manner under the
Regular Premium Fund.                                              ä   SMART Option will not be available when Automatic
                                                                       Asset Allocation is chosen
Through SMART, one can initially park their entire annual
                                                                   ä   A portion of total units available in the "Accumulation
allocable premium along with any existing units in any one
                                                                       Fund" shall be switched automatically into the "Target
fund (chosen out of the funds of Tata AIG Life Insurance Gyan
                                                                       Fund" in the following way:
Kosh). This fund is called the "Accumulation Fund".
Thereafter a defined portion out of the Accumulation Fund          Monthly SMART
will get transferred to another fund (chosen out of the funds      Policy Month 1      1/12 of the units available at the
of Tata AIG Life Insurance Gyan Kosh) other than the                                   beginning of Policy Month 1
accumulation fund on a monthly basis. This fund is called the
"Target Fund"                                                      Policy Month 2      1/11 of the units available at the
                                                                                       beginning of Policy Month 2
The "Accumulation Fund" and "Target Fund" are not
                                                                   Policy Month 6      1/ 7 of the units available at the beginning
segregated funds offered under this product but are the
                                                                                       of Policy Month 6
names used to reflect the investment strategy under the
"SMART".                                                           Policy Month 11     1/2 of the units available at the beginning
                                                                                       of Policy Month 11
Thus, while the stock market remains volatile and
unpredictable, SMART Investment offers a systematic way of         Policy Month 12     Balance units available at the beginning
rupee cost averaging. However, all investments through this                            of Policy Month 12
option are still subject to investment risks, which shall          We may refuse request for SMART, or cease offering SMART
continue to be borne by you.                                       by giving 30 days of written notice subject to prior approval
The following are the notable features of SMART:-                  of Insurance Regulatory and Development Authority

ä    SMART can be availed at the option of the policyholder,       ii) Automatic Asset Allocation (AAA)
     exercisable at policy Inception or on any policy              Generally, with the increase in age, our risk appetite
     anniversary. Request to commence, change or restart           decreases. Automatic Asset Allocation is a unique feature
     SMART should be received 30 days in advance of the            that takes care of your portfolio and changes its allocation as
     policy anniversary. The request, if acceptable by the         per your age in such a way that you reap maximum returns
     Company shall take effect on the following policy             with adjustment to risk exposure of your portfolio.
     anniversary.                                                  You can opt for this option anytime which will automatically
ä    SMART option is available only to the policies with the       distribute your investment into two funds with different risk
     Annual Mode of payment                                        profile and fund objectives. Large Cap Equity Fund and
ä    The automatic fund switches in the SMART option is            Whole Life Income Fund are the two funds in which your
     available out of the 24 free switches                         investment will be distributed depending on your age. Age
                                                                   wise table is given below:
ä    The policyholder will have the option to stop the SMART
                                                                   Your funds will be allocated in the following manner:
     at any point of time by a written request and it shall take
     effect from the next policy monthly anniversary that          Fund Allocation details at policy inception and during
     follows our receipt.                                          policy term
ä    Manual fund switching for the funds (Accumulation and          Age Band^       Large Cap Equity       Whole Life Income
     Target) on which SMART is active is not allowed. Manual                              Fund                   Fund
     fund switching is however allowed on other available
                                                                       18 - 25            85%                      15%
     funds at applicable charges. For Top-Up premiums,
     manual switching option will be available at applicable           26 - 30            80%                      20%
     charges. Conditions regarding switch fee, minimum                 31 - 35            75%                      25%

                           14                                                                15
    Age Band^   Large Cap Equity       Whole Life Income             anniversary of your policy following your birthday and
                      Fund                   Fund                    not on your actual birthday.
     36 - 40          70%                      30%               8) Automatic Asset Allocation Option will not be available
     41 - 45          65%                      35%                  when SMART is chosen.
     46 - 50          60%                      40%               9) The policyholder will have the option to stop the AAA at
     51 - 55          55%                      45%                  any point of time by a written request and it shall take
     56 - 60          50%                      50%                  effect from the next policy monthly anniversary that
                                                                    follows our receipt.
     61 - 65          45%                      55%
^
                                                                 We may refuse request for Automatic Asset Allocation or
 The Age band refers to the age at last birthday                 cease offering Automatic Asset Allocation by giving 30 days
                                                                 of written notice subject to prior approval of Insurance
On approaching maturity age, to ensure capital protection so
                                                                 Regulatory and Development Authority.
that short term market volatility at the time of maturity does
not impact the investments, we will systematically transfer      IV. How is the NAV calculated?
your investments from Large Cap Equity Fund to Whole Life
                                                                 The NAV per unit or Unit Price will be calculated as:
Income Fund in 10 installments during the last 10 quarters of
the policy term.                                                 Unit Price / Net Asset Value per unit = (Market/Fair Value of
                                                                 the investments held by the Unit Fund+ Expenses incurred in
The fund allocation might get changed due to market ups &
                                                                 the purchase of the assets + Value of Current Assets
downs. Every policy quarterly anniversary, the investments
                                                                 +Accrued income net of fund management charges -
in the two funds will be rebalanced based on the current age
                                                                 Current Liabilities and Provisions) / Total No. Of Units existing
as on the quarterly policy anniversary and the fund allocation
                                                                 in the Unit Fund as on the valuation date
percentage for that age band.
                                                                 However, when the Company is required to sell assets to
The Automatic Asset Allocation can be chosen for both
                                                                 redeem the units, the NAV per unit/ Unit Price will be
Regular Premium and Top-Up Premium accounts. A separate
                                                                 calculated as
service request would be required by Company, if
policyholder wishes to apply for Automatic Asset Allocation      Unit Price / Net Asset Value per unit = (Market/Fair Value of
on Top-Up Premium account.                                       the investments held by the Unit Fund - Expenses incurred in
                                                                 the sale of the assets + Value of Current Assets + Accrued
Other rules for Automatic Asset Allocation:
                                                                 income net of fund management charges - Current Liabilities
1) Automatic Asset Allocation can be availed at the option       and Provisions) / Total No. Of Units existing in the Unit Fund
   of the policyholder, exercisable at policy inception on       as on the valuation date.
   any policy anniversary. Request to start the Automatic
                                                                 The Net Asset value (NAV) per Unit/Unit price will be
   Asset Allocation should be received 30 days in advance
                                                                 determined and published daily in various financial
   of the policy anniversary. You can discontinue this option
                                                                 newspapers and will also be available on www.tata-aig-
   any time during the term of the plan.
                                                                 life.com, the official website of Tata AIG Life. All you have to
2) Any amount remaining in Regular Premium funds &               do is multiply the number of Units you have with the
   Top-Up Premiums funds (if any), other than the Large Cap      published Unit Price to arrive at the value of your
   Equity Fund and Whole Life Income Fund, would                 investments.
   continue to remain invested in those funds.
                                                                 Credit/Debit Of Units
3) Manual fund switching for Regular Premium funds &
                                                                 Premiums received, after deducting the payable Regular
   Top-Up Premiums funds (if any) on which AAA is active is
                                                                 Premium Allocation Charge/ Top-Up Premium Allocation
   not allowed.
                                                                 Charge will be used to purchase Units at the Unit Price
4) Manual fund switching is allowed on other available           according to your instruction of Premium Allocation. Units
   funds at applicable charges. Conditions regarding switch      purchased by Regular Premium and Top-Up Premium, net of
   fee, minimum switch, and minimum fund after switch            payable charges, will be deposited into the Regular Premium
   etc. for normal switching option shall be as applicable       Account and Top-Up Account respectively.
   under this plan.
                                                                 Where notice is required (Partial Withdrawal, Complete
5) The automatic fund switches in the AAA option is              Withdrawal or death of the Insured), Units being debited shall
   available in addition to the 24 free switches.                be valued by reference to their Unit Price as specified in the
6) Automatic Asset Allocation is free of any charge.             section "Which NAV is applicable?"
7) For all age-dependant features, the revision to               Which NAV is applicable?
   policyholder's age will be effected on the annual             In case of proposals or Top-Up Premiums where
                                                                 underwriting or any other approval of the Company is
                         16                                                                17
required (including auto-pay cases), units will be allocated on    (b) Complete withdrawal without any risk cover
the day the underwriting and the other approvals are
                                                                   From the expiry of the grace period, till the policyholder
completed. However in case of outstation cheques
                                                                   exercises the option or till the expiry of above notice period
/outstation demand drafts, units will be allocated on the date
                                                                   whichever is earlier, the policy is deemed to be in force and
of realization or the day when the underwriting/approvals are
                                                                   the risk cover will continue. During this period Mortality
completed, whichever is later.                                     Charge, WOP Charge, FIB Charge, Fund Management
In respect of renewal premiums (including local cheque or          Charge and Policy Administration Charge will be deducted as
demand draft, payable at par at the place where the premium        due from the Total Fund Value. In case of death during this
is received) / fund switch requests received up to 03.00 p.m.      period, the death benefit as mentioned under "Death Benefit"
by Tata AIG Life, the closing NAV of the day on which the          section shall be payable immediately. In case of total
premium is received shall be applicable. If the same is            permanent disability during this period, the disability benefit
received after 03.00 p.m., the closing NAV of the next             provisions as mentioned under "Disability Benefit" section
                                                                   shall be applicable immediately.
business day shall be applicable. In respect of outstation
cheques/ demand drafts received at the place where the             If the Policyholder exercises the option (a) i.e. to revive the
premium is received, the closing NAV of the day, on which          policy, the policy will remain in force and all applicable
cheque/ demand draft is realized shall be applicable. In case      charges as set out in section "What are my Premium and
of renewal premiums if you pay the premium in advance              Policy Charges?" will continue to be deducted.
(including auto-pay cases) the units will be allocated on the
                                                                   In case of Discontinuance of Premium within Five Years from
due date of the premium.
                                                                   Inception:
For the purpose of NAV calculation, the premium shall be           If the policyholder exercises option (b) or does not exercise
deemed to have been received only when the same is either          any option within the above notice period, the Total Fund
directly received at any of the offices of Tata AIG Life or when   Value after deduction of the Discontinuance Charge on the
Tata AIG Life receives intimation from an authorized source        expiry of notice period shall be credited to the 'Discontinued
about the receipt of premium at such alternate venue (eg.          Policy Fund' maintained by the Company. The proceeds of
drop box), as authorized by Tata AIG Life. If intimation is        the discontinuance policy fund including interest computed
received after 03.00 p.m. or on a Saturday, Sunday, Public         at minimum interest rate of 3.5% p.a. compound shall be
Holiday/ Non-business day for Tata AIG Life, NAV for the next      refunded to the policyholder at the end of Lock-in period of
working day will be applicable.                                    five years from the inception of the policy. In case of death
                                                                   during this period the proceeds of the 'Discontinued Policy
V. How Can I Manage My Investments?                                Fund' shall be payable immediately.
We offer you ample flexibility to manage your money so that        In case of Discontinuance of Premium after paying at least
you can reap maximum benefits of your investments.                 five consecutive years premium:
Switching Between the Funds                                        If the policyholder exercises option (b) or does not exercise
During the policy term, you may switch your investment or          any option within the Notice Period as mentioned above, the
part of investment from one fund to another as per your            Total Fund Value shall be refunded.
outlook about the markets. A total of 24 free switches are
allowed in a policy year after which charges will be applicable    Revival of the Policy
on further switches as shown under "What are my Premium            If the premium remains unpaid at the end of the Grace period
and Policy Charges?".                                              and the policy has not been completely withdrawn for its
                                                                   Total Fund Value it can be revived, within stipulated time
Premium Redirection                                                period subject to: (i) Policyholder's written application for
Redirection facility helps you to allocate future premiums to a    revival; (ii) production of Insured's current health certificate
different fund or set of funds. There is no Premium                and/or other evidence of insurability satisfactory to us, if
Redirection charge.                                                required (iii) payment of all overdue Regular Premiums.
VI. What if I want to discontinue paying premiums?                 VII. What if I want to discontinue the policy?
Discontinuance of Premiums                                         Complete Withdrawal
In case the policyholder does not pay any premium due on           The policyholder can completely withdraw funds from the
the policy before the expiry of the grace period, the company      policy anytime during the policy term by intimating to the
will send a notice to the policyholder within 15 days from the     company.
date of expiry of the grace period.                                If policyholder requests for complete withdrawal from the
The policyholder is, within 30 days of notice period from the      policy -
receipt of the notice, entitled to the following options:          • Within the Lock-in period; the surrender value i.e. the
(a) To revive the policy or                                            Total Fund Value less applicable discontinuance charges
                          18                                                                 19
     as on the date of discontinuance shall be credited to the        Annualised                 Monthly Policy
     'Discontinued Policy Fund' as maintained by the               Premium Band (`)          Administration Charge (`)
     Company. The proceeds of the 'Discontinued Policy
                                                                    20,000 - 29,999                         70
     Fund', after addition of interest computed at minimum
     interest rate of 3.5% p.a. compound, shall be paid to the      30,000 - 49,999                      100
     policyholder only after completion of the Lock-in period.      50,000 & above                       150
•    After the Lock-in Period; the Total Fund Value as on the
     date of discontinuance shall be paid to the policyholder.   Fund Management Charge (FMC)
Lock-in period means the period of 5 consecutive years from      A Fund Management Charge will be charged for each fund on
the date of commencement of the policy, during which period      each valuation date at 1/365 of the following annual rates and
the proceeds of the discontinued policies cannot be paid by      will be applied on the total values of the investment funds as
the insurer, except in the case of death or upon the happening   given below
of any other contingency covered under the policy.
                                                                         Funds                               Charge per annum
VIII. What are my Premium and Policy Charges#?                    Whole Life Mid-Cap Equity Fund                 1.20%
Premium Allocation Charge                                         Large Cap Equity Fund                          1.20%
The Regular Premiums will be payable for the entire policy        Super Select Equity Fund                       1.20%
term as desired by you. The net Regular Premiums after            Whole Life Aggressive Growth Fund              1.10%
deduction of charges are invested in funds as per your choice.    Whole Life Stable Growth Fund                  1.00%
                                                                  Whole Life Income Fund                         0.80%
    Premium Year# /        20,000 to            30,000            Whole Life Short Term Fixed Income Fund        0.65%
       Annualised           29,999            and above
     Premium Band                                                Fund Management Charges are subject to revision by
                                                                 Company with prior approval of the Insurance Regulatory
        1 to 3                 3%                 2%
                                                                 and Development Authority but shall not exceed 1.35% per
        4 to 10                         2%                       annum of the Fund Value.
       11 to 15                         1%                       Mortality Charge10
      16 onwards                        0%                       The Mortality Charge of the Basic Policy will be deducted by
                                                                 cancelling Units at the Unit Price, from the Regular Premium
#
 Premium Year is determined by the number of complete 12-        Fund Value of the Policy on each Policy Month Anniversary.
months period for which Regular Premium has actually been        In case of the Top-Up Sum Assured, the same will be
                                                                 deducted from the Top-Up Fund Value. If the Regular
paid, excluding any period of discontinuance of premiums.
                                                                 Premium Fund Value is insufficient, then mortality charge will
The Annualised Regular Premium of the policy is arrived at       be deducted from the Top-Up Fund Value, if any, and vice-
as below:-                                                       versa.
                                                                 Mortality charge is the amount of insurance cover for the
If monthly paid          Monthly Regular Premium / 0.0833        month multiplied by the applicable Mortality Charges for the
If quarterly paid        Quarterly Regular Premium / 0.25        month, based on the age of the Life Assured. Insurance cover
                                                                 is as defined below:
If semi-annually paid Semi-annual Regular Premium / 0.5
                                                                 Insurance cover in each month for Regular Premium Account
If annually paid         Annual Regular Premium / 1              is Maximum of Basic Sum Assured or 1.05 times total
                                                                 premium paid
Top-Up Premium Allocation Charge: 1.5% of single Top-Up
premium                                                          Insurance Cover in each month for Top-Up Account is
                                                                 Maximum of Top-Up Sum Assured or 1.05 times total Top-Up
Policy Administration Charge                                     premium paid
A Monthly Policy Administration Charge will be deducted by
cancelling Units at the Unit Price from the Fund Value of the     Sample Age Mortality Charges per `1000 Sum Assured
policy and this charge will be increased by 5% p.a.                    25                           1.140
compounded annually subject to a maximum of `6000 per                  35                           1.435
annum. This increase will be effective from the next policy
anniversary. Tabulated below is the Monthly Policy                     45                           3.274
Administration charge for the 1st policy year.                         55                           9.022

                          20                                                              21
10
  The Mortality Charges will be guaranteed for the period of     after addition of interest computed at a minimum interest
the policy term.                                                 rate of 3.5%p.a. compound, shall be paid to the policyholder
For complete details of mortality charges visit us at            only after completion of the Lock-in period.
www.tata-aig-life.com                                            The following table shows discontinuance charge as
Waiver of Premium Charge                                         percentage of Regular Premium Fund Value:
Waiver of Premium charge is the sum of all future regular            Policy Discontinuance charge    Discontinuance charge
premiums due under base policy multiplied by the applicable          year   for Annualised Premium   for Annualised Premium
Waiver of Premium rate, based on the attained age of the Life               up to `25000             above `25000
Assured and the balance policy term. It is automatically
                                                                     1      Lower of 20% of          Lower of 6% of Annualised
deducted every month from your Regular Premium Fund. If
                                                                            Annualised premium or    premium or 6% of Regular
the Regular Premium Fund Value is insufficient, then the WoP                20% of Regular Premium   Premium Fund Value
Charges will be deducted from the Top-Up Fund Value, if any.                Fund Value subject to    subject to maximum of
                                                                            maximum of `3000         `6000
 Attained Age         Balance policy term (in years)
                                                                     2      Lower of 15% of          Lower of 4% of Annualised
                       10             15             20
                                                                            Annualised premium or    premium or 4% of Regular
       25             0.98           0.86           0.76                    15% of Regular Premium   Premium Fund Value
       35             1.20           1.05           0.93                    Fund Value subject to    subject to maximum of
                                                                            maximum of `2000         `5000
       45             2.74           2.40           2.11
                                                                     3      Lower of 10% of          Lower of 3% of Annualised
WOP rates are per `1000 premium
                                                                            Annualised premium or    premium or 3% of Regular
The Waiver of Premium benefit charges are subject to review                 10% of Regular Premium   Premium Fund Value
and may be altered by giving an advance notice of at least 3                Fund Value subject to    subject to maximum of
months to the policyholder subject to the prior approval of                 maximum of `1500         `4000
Insurance Regulatory and Development Authority and will              4      Lower of 5% of           Lower of 2% of Annualised
have prospective effect.                                                    Annualised premium or    premium or 2% of Regular
Family Income Benefit Charge                                                5% of Regular Premium    Premium Fund Value
                                                                            Fund Value subject to    subject to maximum of
Family Income Benefit charge is Sum Assured multiplied by                   maximum of `1000         `2000
the applicable Family Income Benefit rate, based on the
attained age of the Life Assured and chosen policy term. It is       5+     NIL                      NIL
automatically deducted every month from your Regular
                                                                 There are no discontinuance charges applicable on the
Premium Fund. If the Regular Premium Fund Value is
                                                                 Top-Up premium Fund Value.
insufficient, then the FIB charges will be deducted from the
Top-Up Fund Value, if any.                                       Partial Withdrawal Charge
 Attained Age        Benefit Payment Term (in years)             There are no partial withdrawal charges under Tata AIG Life
                                                                 Insurance Gyan Kosh
                       9              6              3
                                                                 Fund Switching Charge
       25             0.99           0.72           0.36
                                                                 There are 24 (twenty four) free switches per policy year.
       30             1.01           0.73           0.37
                                                                 Thereafter a service charge of `100/- per switch will be
       35             1.22           0.89           0.45         applicable.
FIB rates are per `1000 basic sum assured                        This charge may be revised as deemed appropriate by the
The Family Income Benefit charges are subject to review and      Company but shall not exceed a maximum of `250/- with
may be altered by giving an advance notice of at least 3         prior approval of the Insurance Regulatory and Development
months to the policyholder subject to the prior approval of      Authority.
Insurance Regulatory and Development Authority and will
                                                                 Premium Redirection Charge
have prospective effect.
Discontinuance Charge                                            There is no Premium Redirection Charge.
                                                                 #
The policyholder can discontinue paying premium anytime           The Company may alter the above charges (except
during the policy term by intimating to the Company.             Mortality Charge and Premium Allocation Charges which are
However when the request for discontinuance from the             guaranteed throughout the term) by giving an advance
policy is within the Lock-in period of 5 years from policy       notice of at least three months to the policyholder subject to
inception, Total Fund Value, as on the date of intimation, net   the prior approval of IRDA and the same will have
of discontinuance charges shall be put in the 'Discontinued      prospective effect.
Policy Fund'. The proceeds of the 'Discontinued Policy Fund',
                         22                                                                23
IX. Other Plan Features                                            of the policy, our liability shall be limited to the Total Fund
                                                                   Value, valued at the applicable Unit Price.
Free Look Period
If the policyholder is not satisfied with the Terms & Conditions   Inbuilt Benefit Exclusions
of the policy, he/she has the right to cancel the policy by        The inbuilt benefits (Waiver of premium and Family Income
giving written notice to the Company and receive the               Benefit) shall not cover any Total Permanent Disability
premiums invested into the funds at Unit Price as at the date      caused directly or indirectly, wholly or partly, by or arising out
of cancellation along with the charges paid after deducting a)     of any of the following occurrences:
for proportionate Risk and Rider Premium (if any) for the
                                                                   a) Assault or attempt to murder or murder;
period on cover and b) Stamp duty and medical examination
costs which have been incurred for issuing the Policy. Such        b) Riot and civil commotion, industrial action or terrorist
notice must be signed by policyholder and received directly           activity;
by the Company within 15 days after the policyholder
                                                                   c) War, declared or undeclared, or revolution;
receives the Policy Document.
                                                                   d) Service in the armed forces in time of declared or
Grace Period
                                                                      undeclared war or while under orders for warlike
If you are unable to pay your Regular Premium on time,                operations or restoration of public order;
starting from the regular premium pay-to-date, a grace
period of 30 days will be offered for policies on Annual, Semi-    e) Self destruction or attempted self-destruction or self-
Annual or Quarterly Modes. For policies on monthly mode               inflicted injuries while sane or insane;
the grace period would be 15 days. During this period your         f)   Entering, exiting, operating, servicing, or being
policy is considered to be in force with the risk cover as per          transported by any aerial device or conveyance except
the terms & conditions of the policy.                                   when the Insured is on a commercial passenger airline
Backdating                                                              on a regular scheduled passenger trip over its
                                                                        established passenger route;
Backdating is not allowed in Tata AIG Life Insurance
Gyan Kosh                                                          g) Any congenital defect which has manifested or was
                                                                      diagnosed before the Insured attains 17 years of age.
Policy Loan
Policy Loan is not allowed in Tata AIG Life Insurance              h) In our opinion the insured was suffering from Acquired
Gyan Kosh                                                             Immuno-Deficiency Syndrome (AIDS) or infection by
                                                                      any Human Immuno-Deficiency Virus (HIV). For the
Tax Benefits                                                          purpose of this Policy:-
Premiums paid under this plan are eligible for tax benefits             i.   The definition of AIDS shall be that used by the World
under section 80C of the Income Tax Act, 196111. Moreover,                   Health Organization in 1987, or any subsequent
life insurance proceeds enjoy tax benefits as per section                    revision by the World Health Organization of that
10(10D) of the said Act.                                                     definition.
11
  Tax benefits are available as per Income Tax Act, 1961, and           ii. Infection shall be deemed to have occurred where
are subject to modifications made thereto from time to time.                blood or other relevant test(s) indicate in the opinion
Tata AIG Life does not assume the responsibility on tax                     of the Company either the presence of any Human
implication mentioned anywhere in this document. Please                     Immunodeficiency Virus or Antibodies to such a
consult your own tax consultant to know the tax benefit                     Virus.
available to you.                                                  i)   Deliberate act(s) of the Policyholder, Nominee or Insured;
Nomination and Assignment                                          j)   Violation or attempted violation of the law or resistance
While this policy is in force, the policyholder may change              to arrest;
ownership of this policy and/or the Nominee/Appointee by           k) Exclusions under the General Provisions of the Basic
filing a written notice to the company. Such change is valid          Policy.
only if recorded by the company during the lifetime of the
Insured and endorsed on this policy.                               No benefit will be provided for Total Permanent Disability
                                                                   resulting from a physical or mental condition which existed
The beneficiary/nominee will not have any rights such as           before the Issue Date or Commencement Date of the policy
surrender, partial/complete withdrawal, switches, and              which was not disclosed in the Application or health
premium redirections except to receive the benefits                statement. For exclusions on the rider benefits, please refer
(maturity and death) available under the contract.                 to the respective supplementary contract.
Exclusions                                                         Insurance Act, 1938, Section 41 (Prohibition of Rebates)
If the Insured, whether sane or insane, commits suicide
                                                                   1. No person shall allow or offer to allow, either directly or
within one year from the Issue Date or Commencement Date

                          24                                                                  25
    indirectly, as an inducement to any person to take out or        ä   The various funds offered under this contract are the
    renew or continue an insurance in respect of any kind of             names of the funds and do not in any way indicate the
    risk relating to lives or property in India, any rebate of the       quality of these plans, their future prospects and returns.
    whole or part of the commission payable or any rebate of
                                                                     ä   The performance of the managed portfolios and funds is
    the premium shown on the policy, nor shall any person
                                                                         not guaranteed and the value may increase or decrease
    taking out or renewing or continuing a policy accept any
                                                                         in accordance with the future experience of the managed
    rebate, except such rebate as may be allowed in
                                                                         portfolios and funds. Past performance is not indicative
    accordance with the published prospectuses or tables of
                                                                         of future performance.
    the insurer.
                                                                     ä   The Premium paid in the Unit Linked Life Insurance
2. If any person fails to comply with sub regulation (1)
                                                                         Policies are subject to investment risks associated with
   above, he shall be liable to payment of a fine which may
                                                                         capital markets and the NAVs of the units may go up or
   extend to rupees five hundred.
                                                                         down based on the performance of fund and factors
Insurance Act, 1938, Section 45                                          influencing the capital market and the insured is
No policy of life insurance effected before the                          responsible for his/her decisions.
commencement of this Act shall after the expiry of two years         ä   Buying a life insurance policy is a long-term
from the date of commencement of this Act and no policy of               commitment. An early termination of the policy usually
life insurance effected after the coming into force of this Act          involves high costs and the surrender value payable may
shall, after the expiry of two years from the date on which it           be less than the total premiums paid.
was effected be called in question by an insurer on the
ground that statement made in the proposal or in any report          ä   The brochure is not a contract of insurance. This
of a medical officer, or referee, or friend of the insured, or in        brochure should be read along with sales Illustration.
any other document leading to the issue of the policy, was               The precise terms and conditions of this plan are
inaccurate or false, unless the insurer shows that such                  specified in the policy contract.
statement was on a material matter or suppressed facts               ä   Tata AIG Life Insurance Company Ltd. is only the name of
which it was material to disclose and that it was fraudulently           the Insurance Company and Tata AIG Life Insurance
made by the policyholder and that the policyholder knew at               Gyan Kosh is only the name of the Unit Linked Life
the time of making it that the statement was false or that it            Insurance Contract and does not in any way indicate the
suppressed facts which it was material to disclose                       quality of the contract, its future prospects or returns.
Provided that nothing in this section shall prevent the insurer      ä   This product is underwritten by Tata AIG Life Insurance
from calling for proof of age at any time if he is entitled to do        Company Ltd.
so, and no policy shall be deemed to be called in question
merely because the terms of the policy are adjusted on               ä   Insurance is the subject matter of the solicitation.
subsequent proof that the age of the life insured was                For complete details please contact our Insurance advisor or
incorrectly stated in the proposal.                                  visit Tata AIG Life's nearest branch office or call our toll free
Tata AIG Life - A New Look At Life                                   number 1-800-11-9966 (facility available from MTNL and
Tata AIG Life Insurance Company Limited (Tata AIG Life) is a         BSNL lines) and 1-860-266-9966 (facility available from all
joint venture company, formed by Tata Sons and AIA Group             mobile and landlines wherein local charges would apply) or
Limited (AIA). Tata AIG Life combines Tata's pre-eminent             write to us at customercare@tata-aig.com.
leadership position in India and AIA's presence as the largest,      Visit us at: www.tata-aig-life.com or SMS 'LIFE' to 58888.
independent listed pan-Asia life insurance group in the world
spanning 15 markets in Asia Pacific. Tata Sons holds a
majority stake (74%) in the company and AIA holds 26%
through an AIA Group company. Tata AIG Life Insurance
Company Limited was licensed to operate in India on
February 12, 2001 and started operations on April 1, 2001.
DISCLAIMER:
ä   Investments are subject to market risk.
ä   Unit Linked Life Insurance products are different from the
    traditional insurance products and are subject to the risk
    factors of fluctuations in investment returns and
    possibility of increase in charges. Please know the
    associated risks and the applicable charges, from your
    insurance agent or the intermediary of the Company.

                           26                                                                  27

				
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Description: invest in Tata AIG Life Insurance Gyan Kosh and secure your child's journey towards success.