Tata AIA Life Maha Guarantee

Recommendations :No

Name of the policy :
Tata AIA Life Maha Gurantee

A brief desciption :

Tata AIA Life Maha Guarantee is an endowment plan catering to your protection and savings needs. The plan offers guaranteed annual additions and guaranteed maturity additions. You can choose to pay regular or limited premium and get double life cover which increases with annual guaranteed additions. However the truth is that the returns provided by this scheme are way below a simple fixed deposit and when it comes to insurance the SA is much higher in Simple term plan with lower premiums. So it is strongly advisable to avoid this plan.

Started date :16/7/2010
Type of policy :Insurance cum investment
Category :Traditional- Endowment Plan
Insurance :Min- 1 lakh Max- No limit
Returns expected :Less than Fixed Deposit
Entry age :18-45 Years

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