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TATA AIG Secured Future Plan

What is the Plan all About?

Secured future plan provides a cover against future uncertainties that may arise due to accidental death, dismemberment & disability. An unfortunate accident can pose serious financial problems for you & your family, so this plan provides you a guaranteed monthly income up to 20 years.

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What are the Key Features?

  • Accident cover for Death/Dismemberment/Disability
  • Guaranteed monthly income
  • Flexible monthly income benefit options
  • 24 hours global coverage
  • No medical examination is mandatory
  • Lifelong renewal

What are the Plan Benefits?

Policy Benefits

    • This policy covers Accidental Death, when occurs within 365 days from the date of the accident. Payout for accidental death is covered up to 100% of the Principal Sum Insured.
    • Accidental Dismemberment & Paralysis resulting from an injury when occurs within 365 days from such injury, is covered up to a specific percentage of the Principal Sum Insured as mentioned under the sub limit.
    • Permanent Total Disability when occurs within 365 days from the date of bodily injury, is covered.

Value Added Benefits

    • Get 24 hours protection against accidental injury occur anywhere in the world.
    • Option to enhance the sum insured, as per underwriting guidelines.
    • Pre-policy health checkup is not required.
    • Guaranteed monthly income is payable for a period of 5 years to 20 years.
    • Enjoy lifelong renewability under this personal accident policy.

Sub Limits

    • Accidental Dismemberment & Paralysis is covered in a range of 25% to 100% the Principal Sum Insured, depending on the condition.
    • Permanent Total Disability is payable up to the Principal Sum Insured, less any other amount payable for accidental death, accidental dismemberment, permanent total loss of use, or permanent partial disability.

Waiting Period Clause

    No waiting period is applicable.

Product Snapshot

Factor Minimum Maximum
Age (as on last birthday) 18 Years 70 Years
Accidental Death Sum Insured Rs 10,000 (for 5 Years) Rs 35,000 (for 20 Years)
Cover Type Individual -
Policy Tenure 1 Year 1 Year
Grace Period 30 Days -
Freelook Period 15 Days -
Riders Nil -
Plan Type Offline -

Exclusions

  • Suicide or attempted suicide
  • Influence of intoxicants or hallucinogens
  • Participation in attempted felony or civil commotion
  • War/insurrection/revolution
  • Ionizing radiation
  • Participation in winter sports, bungee jumping, mountain climbing
  • Childbirth/pregnancy, etc.
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