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Maha Life Magic Life Insurance

Key Features

  • Pay for just 9 years and receive a lump sum amount at maturity
  • Bonuses to augment your maturity amount
  • Potential for upside with the bonus components
  • Protection against uncertainties of life for the entire policy term
  • Tax benefits u/s 80C & 10(10D) of the Income-Tax Act, 1961.

 

Disclaimers

  • Insurance is the subject matter of the solicitation.
  • This product is underwritten by Tata AIA Life Insurance Company Limited.For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
  • Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Tata AIA Life Insurance Company Ltd does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefit available to you.
  • GST is applicable as per governing laws and the same shall be borne by the policyholder. Tata AIA Life Insurance Company Limited reserves the right to recover from the Policyholder, any levies and duties (including GST), as imposed by the government from time to time. Kindly refer to the Sales Illustration for the exact premium.
  • Past performance is not indicative of future performance.
  • In case of sub-standard lives, extra premiums will be charged as per our underwriting guidelines.
  • Insurance cover is available under this product.