Tata AIA MahaLife Magic Plan, Policy, Premium and Maturity Calculator
Tata AIA MahaLife Magic Plan, Policy, Premium and Maturity Calculator - You are the hero for your family and they look up to you, but have you adequately provided for taking care of all their needs? Be it your child's education, a marriage in the house, or even your own retirement planning, having the right amount of resources at the right time is the key to success. Wouldn't it be great to have a savings plan which can magically create a kitty for your various life needs in a reasonable time?
Presenting Tata AIA Life Insurance MahaLife Magic, a limited premium paying Non-Linked Participating Endowment Assurance Plan. This is a unique saving plan in which you pay for a short period and stand to gain by maximizing the growth of your money.
Tata AIA Life Insurance MahaLife Magic - 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
- Option to enhance protection through rider
- Tax Benefits available under Section 80C and 10 (10D) of the Income-Tax Act, 1961
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