Tata AIG Life InvestAssure Apex Plus

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Tata AIG Life InvestAssure Apex Plus
	Tata AIG Life InvestAssure Apex Plus is a unique unit linked non participating Endowment life insurance plan that provides a platform ensuring the upside potential of the equity markets while safeguarding the investor’s interest by offering a Guaranteed Maturity Unit Price (GMUP)#. This product is available for a limited period only. IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Key Features:
	Pay premium for 3 years Policy term of 10 years Unique feature of Guaranteed Maturity Unit Price (GMUP)# Guaranteed Maturity Addition of 3% of Regular Premium Fund Value on maturity Flexibility of partial withdrawal to meet your liquidity needs The Investment: Your investment will be managed in the following funds: Apex Plus Investment Fund - The investment objective for Apex Plus Investment Fund is to provide capital protection with a high level of safety and liquidity through judicious investment in high quality short-term debt. The strategy is to generate better returns with low level of risk through investment in fixed interest securities having short term maturity profile. The risk profile of the fund is very low. Apex Plus Return Lock-in Fund - The investment objective for Apex Plus Return Lock-in Fund is to use the participation in an actively managed well diversified equity portfolio of large cap companies to generate capital appreciation and use high credit quality debt instruments to lock-in that capital appreciation. The risk profile of the fund is medium Call Our Expert Now +919884017759 Eligibility Criteria: Minimum issue age of 18 years, maximum issue age of 65 years with maximum age at maturity of 75 years Minimum Premium: Rs.48,000 p.a. Minimum Sum Assured: 5 * Annualized Premium Maximum Sum Assured: 25 times the Annualized Premium for age at entry upto 50 years and 5 times the Annualized Premium for age at entry thereafter Premium payment mode: Annual / Semi Annual / Quarterly or Monthly mode Riders Option to attach any of the 3 following riders at a nominal extra cost - Tata AIG Life Accidental Death Benefit (ADB) Rider (UIN 110C003V01), Tata AIG Life Accidental Death and Dismemberment (ADDL) (Long Scale) Rider (UIN 110C004V01) or; Tata AIG Life Critical Illness (Lump Sum) Rider (UIN 110C012V01). Tax Benefits Premiums paid under this plan are eligible for tax benefits under section 80C of the Income Tax Act, 1961. Premium paid towards Tata AIG Life Critical Illness Lump Sum Benefit Rider is eligible for tax benefit U/s 80D of the same act. Moreover, life insurance proceeds enjoy tax benefits as per section 10(10D) of the said Act. # GMUP: Guaranteed Maturity Unit Price means the highest Unit Price of the Apex Plus Return Lock-in Fund recorded on the one hundred (100) Reset Dates (as defined below). The Unit Price is Rs. 10 on the first Reset Date. The Guaranteed Maturity Unit Price is applicable to the Apex Plus Return Lock-In Fund and for the purpose of determining the Maturity Benefit only. Reset Dates are the 10th day of every calendar month (or if not open for business, the next business day) following the date of closure of subscription of this series of fund and applicable only for Apex Plus Return Lock-in Fund. There are a total of one hundred (100) Reset Dates; the first and the last Reset Date will be shown in the sales illustration and policy information page of the policy contract that will be issued to you. Call Our Expert Now +919884017759