Tata AIG Life Insurance Plans

Tata AIG Life Hospi CashBack

Are you prepared to meet unexpected expenses that can arise because of hospitalisation due to any illness or even an accident?

Today, with rising health care costs, Tata AIG Life Hospi CashBack policy helps protect your savings by covering all expenses related to hospitalization.

Tata AIG Life Hospi CashBack is one of a kind policy that pays you fixed benefits for expenses arising through hospital charges, care charges, ambulance charges and other expenses right from Day 1 of hospitalization.

Multiple Claims are also possible under the plan, with the guarantee that you will get your premiums refunded on maturity^~, and also a Guaranteed Addition on your premiums if you so choose.

Key features include:

Your cover starts from day 1 of hospitalization^{^}.
Guaranteed Return of premium on maturity, irrespective of number of claims made.
Pre-existing illness cover after 24 months of continuous renewal with us.

Package	Silver	Gold
Daily Hospitalisation Income Benefit	Rs.500	Rs.1000
Coverage (days/policy year)	15	30
Lifetime Maximum (days)	90	180
Term of Policy	15
Premium Payment Term	15
Maturity Benefit	100% Total premiums paid OR 100% + 10% guaranteed addition of total premiums paid are returned^~
Death Benefit^*	Higher of (a) Sum Assured^# OR (b) Return of total premiums paid till the point of death^~. * In case of first policy year the death benefit will be limited to total of all the premiums paid^~ # Sum Assured (5 * Annualised Premium) at the policy inception will remain constant till the end of the policy term

^{^}1 overnight stay required.
^~Exclusive of Service Tax

Eligibility:

Policy is available for persons between 18 and 55 years of age.

Tax Benefits

Premiums paid under this plan are eligible for tax benefits under Section 80C of the Income Tax Act, 1961. Any sum received under this plan is exempt from tax under section 10(10D) of the Income Tax Act, 1961.^*

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