IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT

PORTFOLIO IS BORNE BY THE POLICYHOLDER

Unit Linked Whole Life Individual Savings Plan

Tata AIA Life Insurance Wealth Maxima Minimum Premium1 Single Pay – r 5,00,000
Unit Linked Whole Life Individual Savings Plan Limited Pay – r 2,50,000 per annum
Maximum Premium1 No Limit
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT
PORTFOLIO IS BORNE BY THE POLICYHOLDER For Single Pay –
1.25 times the Single Premium
LINKED INSURANCE PRODUCTS DO NOT OFFER ANY
For Limited Pay –
LIQUIDITY DURING THE FIRST FIVE YEARS OF THE
CONTRACT. THE POLICYHOLDER WILL NOT BE ABLE TO Higher of (10* AP) OR (0.5*Policy
SURRENDER/ WITHDRAW THE MONIES INVESTED IN Minimum/Maximum Term* AP )
Basic Sum Assured2 AP is Annualised Premium and it
LINKED INSURANCE PRODUCTS COMPLETELY OR
means the premium amount payable
PARTIALLY TILL THE END OF THE FIFTH YEAR.
in a year excluding the taxes, rider
You have always aspired for the best in life. So should be your premiums and underwriting extra
financial planning to provide you with the best. Tata AIA Life premiums on riders, if any.
ensures that it offers you superlative investment avenues for all (For the purpose of Basic Sum Assured,
time to come. Presenting, Tata AIA Life Insurance Wealth Policy Term = 70 minus Issue age)
Maxima, Unit Linked Whole Life Individual Savings Plan that 1
Increase or decrease in Premium is not allowed under this plan. If Premium
maximizes your long term financial security. is the starting point, Premium should be chosen to be a multiple of r1,000.

Investment in this plan can help you fulfill your medium to long
2
Increase or decrease in Basic Sum Assured is not allowed under this plan.
If Basic Sum Assured is the starting point, Basic Sum Assured should be
term goals such as children’s education, retirement planning next higher multiple of r1,000.
and creating legacy for future generations.
Important aspects
This plan allows you to tap into force multipliers of the market
1. Total Sum Assured under the plan is the total of Basic Sum
to create a lasting legacy for your loved ones. So like other
Assured and Top-up Sum Assured.
successes in your life enjoy another successful venture with
Tata AIA Life Insurance Wealth Maxima. 2. The Regular / Single premium and any Top-up premium net
of premium allocation charge will be used to purchase units
Salient Features in the various investment fund/s offered under this plan and
• Pay premiums once or for a limited period and get Insurance as chosen by you. The units purchased in the investment
protection for the entire life fund is the monetary amount allocated to the investment
• Regular Loyalty Additions to boost investments fund divided by its then prevailing NAV per unit.
• Flexibility to choose from 11 Fund options for enhanced 3. Regular / Single Premium Fund Value is equal to the number
investment opportunities of units pertaining to Regular / Single premiums allocated to
• Option to customize your plan with three additional unit the investment fund/s chosen by you multiplied by its then
deducting riders prevailing NAV per unit.
• Choice of Enhanced Systematic Money Allocation & Regular Top-up Premium Fund Value, if any, is equal to the number of
Transfer Investment Portfolio Strategy units pertaining to Top-up premiums allocated to the
• Tax benefits u/s 80C and 10 (10D) of the Income Tax Act, 1961 investment fund/s chosen by you multiplied by its then
prevailing NAV per unit.
Plan at a Glance
4. Total Fund Value under this plan is the total of Regular / Single
Minimum Issue Age Premium Fund Value and Top-up Premium Fund Value, if
0 years (30 days)
(Age last birthday) any. The Fund Value represents the total value of your
Maximum Issue Age investments to date and is the balance of all units allocated
60 years to the investment fund/s chosen by you multiplied by its then
(Age last birthday)
prevailing NAV per unit.
Maximum Maturity Age 100 years
What are your Benefits?
Policy Term 100 minus Issue age
Maturity Benefit
Single Pay
Premium Paying Term On survival to the end of the policy term, you will receive the Total
Limited Pay – 7/8/9/10/15 and 20 years Fund Value which is sum of Regular/ Single Premium Fund
Single, Annual, Semi-Annual, Value and Top-Up Premium Fund Value valued at applicable
Pay Mode
Quarterly, Monthly NAV on the date of Maturity.

1 2
Death Benefit Loyalty Additions
In case of death of the Life Insured during the policy term and As a reward for your loyalty, additional units at the rate of 0.20%
while the policy is in force, the Nominee / legal heir will get, of the units in each of the funds under the Regular Premium
Account will be credited (post deduction of applicable charges)
Highest of to the respective funds every policy anniversary starting from
(i) the Basic Sum Assured net of all “Deductible Partial eleventh (11th) Policy Anniversary till the end of the policy term.
Withdrawals”, if any, from the Regular / Single Premium If you have chosen a single pay option, the additional units at
Fund Value, or the rate of 0.35% of units in each of the funds under the Single
(ii) the Regular / Single Premium Fund Value of this Policy or Premium Account will be credited (post deduction of applicable
charges) to the respective funds every policy anniversary
(iii) 105 percent of the total Regular/Single Premiums paid starting from sixth (6th) Policy Anniversary till the end of the
up to the date of death. policy term.
In addition to this: The Loyalty Additions will be credited only if the policy is in force
Highest of and all due premiums till date have been paid. Loyalty
Additions are not payable on Top-up Premium Account.
(i) the approved Top-up Sum Assured(s) or
(ii) Top-up Premium Fund Value of this Policy or
What are your investment avenues?
(iii) 105 percent of the total Top-up Premiums paid up to the This product offers you the flexibility to invest in a manner that
suits your investment risk profile and individual needs.
date of death
a) You can choose from the 11 investment fund options
is also payable provided the Policyholder has a Top-up
Premium Fund Value. Deductible Partial Withdrawals are not OR
applicable in case of Top-Up Sum Assured. b) Choose the following PORTFOLIO STRATEGY
For purpose of determining the Death Benefit, the Deductible I) Enhanced Systematic Money Allocation & Regular
Partial Withdrawals mentioned above shall mean the Partial Transfer (Enhanced SMART)
withdrawals made, during the last two years immediately a) You can choose from a variety of funds
preceding the date of death of the Insured. Your allocable Regular/ Single Premium and Top- Ups (if any)
Benefit Illustration are invested in one or more investment funds as per your
chosen asset allocation. You have an option of choosing any or
To illustrate the above benefits let’s have a look at the following all of the 11 Funds or such funds which are available at the time
Benefit Illustration* of allocation, based on your preferred asset allocation.
The table below gives the Total Maturity Benefit for a healthy We offer 11 investment funds ranging from 100% debt to
person aged 35 years at standard age proof 100% equity to suit your particular needs and risk appetite –
• Fund Allocation: 50% in Large Cap Equity Fund and 50% in Multi Cap Fund, India Consumption Fund, Top 50 Fund, Top
Whole Life Mid cap Equity Fund 200 Fund, Super Select Equity Fund, Large Cap Equity fund,
Whole Life Mid Cap Equity fund, Whole Life Aggressive
• Annualised Regular Premium: r 5,00,000 Growth fund, Whole Life Stable Growth fund, Whole Life
• Mode of payment: Annual / Single Income fund and Whole Life Short-term fixed Income fund.
Higher Rate Illustration (8%) Lower Rate
Illustration (4%)
Premium Guaranteed Non Guaranteed Non Guaranteed
Age Policy Annual Regular Premium
(Years) Term Paying Benefits Benefits Benefits
Premium## ( r) Multiple chosen
(Years) Term (Years) Basic Sum Total Maturity Net Yield** Total Maturity
Assured (r) Benefit# (r) @ 8% Benefit#( r)
35 65 Single 5,00,000 1.25 6,25,000 3,51,83,506 6.76% 25,67,022
35 65 7 5,00,000 17.5 87,50,000 20,12,29,962 6.79% 1,72,62,743
35 65 10 5,00,000 17.5 87,50,000 26,87,73,032 6.80% 2,63,06,243
35 65 15 5,00,000 17.5 87,50,000 35,53,92,777 6.83% 3,83,22,853
*Some benefits are guaranteed and some benefits are variable are applicable as per governing laws. Tata AIA Life Insurance Company
(Non-guaranteed) with returns based on the future performance of the Limited reserves the right to recover from the Policyholder, any levies and
opted funds and fulfillment of other applicable policy conditions. #Total duties (including Goods and Services Tax and cess as applicable and
Maturity Benefit is inclusive of Loyalty Additions and exclusive of Goods TDS), as imposed by the government from time to time. Kindly refer to
and Services Tax and cess and as applicable. For benefit values net of benefit illustration for exact premium. **Computation of the net yield
Goods and Services Tax and cess as applicable please refer to the benefit excludes mortality charges and Goods and Services Tax as applicable on
illustration. ##”Goods and Services Tax and cess as applicable and TDS” charges as applicable.

3 4
If you wish to diversify your risk, you can choose to allocate In case of exceptional circumstances / force majeure events,
your premiums in varying proportions amongst the investment in Cash / Money Market Instruments in all above
11 investment funds. funds may go up to 100%, subject to prior approval of IRDAI.
Our wide range of funds gives you the flexibility to redirect Exceptional circumstances may include:
future premiums and change your premium allocation i) Global financial or credit crisis,
percentages from that point onwards. Also you can switch
monies from one investment fund to another at any time. ii) War like situation,
Switches must however be within the investment funds offered iii) Political uncertainty
under this plan.
iv) Events like Political / Communal disturbance which affects
These funds have different risk profiles based on different Indian economy and in turn impacts severely on Fixed
types of investments that are offered under these funds. The Income / Equity market.
returns are expected to vary according to the risk profile of the
funds chosen.

Investment Fund Fund Objective Risk Profile Asset Allocation Minimum Maximum
The primary investment objective of the Fund is
to generate capital appreciation in the long term Equity 60% 100%
Multi Cap Fund (ULIF by investing in a diversified portfolio of Large
060 15/07/14 MCF Cap and Mid Cap companies The allocation
High Debt Instruments 0% 40%
110) between Large Cap and Mid Cap companies will
be largely a function of the relative valuations of
Large Cap companies as against Mid Cap Cash / Money Market Instruments 0% 40%
companies.
The primary investment objective of the Fund is
to generate capital appreciation in the long term Equity 60% 100%
India Consumption by investing in a diversified portfolio of
Fund (ULIF 061 companies which would benefit from India’s
High Debt Instruments 0% 40%
15/07/14 ICF 110) Domestic Consumption growth story. The India
Consumption Fund could provide an investment
opportunity in the theme of rising consumption Cash / Money Market Instruments 0% 40%
power in India for long term returns.
The Top 50 Fund will invest primarily in select
stocks which are a part of Nifty 50 Index with a
Top 50 Fund (ULIF 026 focus on generating long term capital Equity Instruments 60% 100%
12/01/09 ITF 110) appreciation. The Fund will not replicate the
index but aim to attain performance better than
the performance of the Index. As a defensive
strategy arising out of market conditions, the High
scheme may also invest in debt and money Cash / Money Market
0% 40%
market instruments. Instruments (including CP/CD)
Objective: The primary investment objective of
the fund is to generate long term capital
appreciation by investing in select stocks.
The Top 200 Fund will invest primarily in select
stocks which are a part of BSE 200 Index with a
Top 200 fund (ULIF focus on generating long term capital Equity Instruments 60% 100%
027 12/01/09 ITT 110) appreciation. The Fund will not replicate the
index but aim to attain performance better than
the performance of the Index. As a defensive
strategy arising out of market conditions, the High
scheme may also invest in debt and money Cash / Money Market
0% 40%
market instruments. Instruments (including CP/CD)
Objective: The primary investment objective of
the fund is to generate long term capital
appreciation by investing in select stocks.

5 6
 Investment Fund Fund Objective Risk Profile Asset Allocation Minimum Maximum
The Super Select Equity Fund will invest
significant amount in equity and equity linked Equity and Equity
instruments specifically excluding companies 60% 100%
linked Instruments
predominantly dealing in Gambling,
Lotteries/Contests, Animal Produce, Liquor,
Tobacco, Entertainment (Films, TV etc) Hotels,
Super Select Equity sugar, leather, Banks and Financial Institutions.
Fund (ULIF 035 The risk profile of the fund is high. The cash Debt Instruments 0% 40%
holding of the Fund will be kept below 40% of High
16/10/09 TSS 110)
the Fund or according to the prevailing
regulatory guidelines at each point of time.
Objective: The primary investment objective of
the fund is to provide income distribution over a Cash / Money
period of medium to long term while at all times Market Instruments 0% 40%
emphasizing the importance of capital
(including CP/CD)
appreciation.

Large Cap Equity Fund The primary investment objective of the Fund is Equity and Equity
80% 100%
(ULIF 017 07/01/08 to generate long - term capital appreciation from linked Instruments
a portfolio that is invested pre-dominantly in High
TLC 110) large cap equity and equity linked securities. Cash / Money Market Instruments 0% 20%
The primary investment objective of the Fund is Equity and Equity
Whole Life Mid Cap 60% 100%
to generate long term capital appreciation from linked Instruments
Equity Fund(ULIF 009 High
a portfolio that is invested pre-dominantly in Mid Cash/ Money
04/01/07 WLE 110) Cap Equity and Mid Cap Equity linked securities. 0% 40%
Market Instruments
Whole Life Aggressive The primary investment objective of the Fund is to Equity and Equity
provide higher returns in long term by investing Medium 50% 80%
Growth Fund(ULIF 010 Linked instruments
primarily in Equities along with debt/ money to High
04/01/07 WLA 110) market instruments. Debt Instruments 20% 50%
Cash / Money Market Instruments 0% 30%
The primary investment objective of the Fund is Equity and Equity
Whole Life Stable 30% 50%
to provide stable returns by balancing the Low to Linked instruments
Growth Fund(ULIF 011 investment in Equities and debt/ money market Debt Instruments 50% 70%
Medium
04/01/07 WLS 110) instruments. Cash / Money Market Instruments 0% 20%
The primary investment objective of the Fund is
Whole Life Income Debt Instruments 60% 100%
to generate income by investing in a range of
Fund (ULIF 012 debt and money market instruments of various Low
04/01/07 WLI 110) maturities with a view to maximizing the optimal Cash / Money Market Instruments 0% 40%
balance between yield, safety and liquidity.

Whole Life Short-Term The primary investment objective of the Fund is to Debt Instruments of
generate stable returns by investing in fixed income 60% 100%
Fixed Income Fund duration less than 3 years
securities having shorter maturity periods. Under Low
(ULIF 013 normal circumstances, the average maturity of the Cash / Money
Fund may be in the range of 1-3 years. 0% 40%
04/01/07 WLF 110) Market Instruments

Discontinued Policy Fund: Asset Allocation - to continue with DCF

The investment objective for Discontinued Policy Fund is to Instrument Allocation
provide capital protection and a minimum return as per Government Securities 60% - 100%
regulatory requirement with a high level of safety and liquidity Money Market Instruments 0% - 40%
through judicious investment in high quality short-term debt. b) Choose the following PORTFOLIO STRATEGY:
The strategy is to generate better returns with low level of risk I) Enhanced Systematic Money Allocation & Regular
through investment in fixed interest securities having short term Transfer (Enhanced SMART)
maturity profile. The risk profile of the fund is very low. There is Enhanced SMART is a systematic transfer plan available only
a minimum guarantee of interest @ 4% p.a. or as prescribed by to the policies with the annual/ single mode of payment. It
IRDAI from time to time allows a customer to enter the volatile equity market in a

7 8
structured manner under the Regular/Single Premium Fund. SMART will be subject to all due premiums being paid.
Under Enhanced SMART, you need to choose two funds, a • Enhanced SMART option is available only to the policies with
debt oriented fund and an equity oriented fund. Please refer to the annual/single mode of payment.
table below for the choice of available funds:
• The automatic fund switches in the Enhanced SMART
Debt oriented funds Equity oriented funds option are available out of the 12 free switches.
• Whole Life Income Fund • Large Cap Equity Fund
• Enhanced SMART is free of any charge.
• Whole Life Short-Term • Whole Life Mid Cap Equity Fund
Fixed Income Fund • The policyholder will have the option to stop the Enhanced
• Multi Cap Fund SMART at any point of time by a written request and it shall
• India Consumption Fund take effect from the next Enhanced SMART switching that
• Top 50 fund follows the Company’s receipt
• Top 200 fund • Manual fund switching for the two funds selected for
• Super Select Equity Fund activation of Enhanced SMART is not allowed. Manual fund
switching is allowed on other available funds at applicable
This strategy is applicable till premium payment term only and charges. For Top-up premiums, manual switching option will
is not available with top-up premium fund. be available at applicable charges.
Through Enhanced SMART, your entire annual/single allocable • Any amount remaining in regular premium funds other than
premium will be parked in the chosen debt oriented fund along the two funds selected for activation of Enhanced SMART,
with any existing units in that fund, if any. These combined units
would continue to remain invested in those funds.
in the chosen debt oriented fund will be systematically
transferred on a monthly basis to the chosen equity oriented • Enhanced SMART Option will not be available during
fund. All your future allocable premiums will also follow the Discontinuance of Premium. On revival of the policy, you
same pattern as long as Enhanced SMART is active on your can opt for Enhanced SMART again.
plan. Switching to/from the Enhanced SMART funds to other In Case of Single Premium option:
available funds is not allowed.
• Enhanced SMART strategy can only be opted for at
Thus, while the stock market remains volatile and unpredictable, policy inception.
Enhanced SMART strategy offers a systematic way of rupee
cost averaging. However, all investments through this option • Enhanced SMART strategy will be applicable for policy
are still subject to investment risks, which shall continue to be year 1 only.
borne by you. • From the end of year 1, the amount will remain invested in
A portion of total units in the chosen debt oriented fund shall be the Equity oriented fund as chosen by customer under
switched automatically into the chosen equity oriented fund in Enhanced SMART strategy.
the following way: • Customer has an option to do manual fund switching to
Monthly Enhanced SMART other available funds after the end of policy year 1.
Policy Month 1 1/12 of the units available at the beginning of The Company may cease offering Enhanced SMART by giving
Policy Month 1 30 days of written notice subject to prior approval of Insurance
Policy Month 2 1/11 of the units available at the beginning of Regulatory and Development Authority of India.
....................... Policy Month 2 Tracking and Assessing Your Investments
Policy Month 6 1/ 7 of the units available at the beginning of You can monitor your investments
....................... Policy Month 6
• On our website (www.tataaia.com);
Policy Month 11 ½ of the units available at the beginning of
Policy Month 11 • Through the annual statement detailing the number of units
you have in each investment fund and their respective then
Policy Month 12 Balance units available at the beginning of prevailing NAV; and
Policy Month 12
• Through the published NAVs of all investment funds on our
The following are the notable features of Enhanced SMART: website and Life council’s website.
• Enhanced SMART can be availed at the option of the What are the other benefits in your policy3?
policyholder, exercisable at policy inception or on any policy
anniversary. A written request to commence, change or This is a single / limited payment policy with protection for whole
restart Enhanced SMART should be received 30 days in of life and it is in your best interest to stay invested for the entire
advance of the policy anniversary. The request shall take term. This will enable you to pay for a short term and enjoy all
effect on the following policy anniversary. Once chosen the the special benefits offered under this innovative product for the
strategy will be applicable for future premiums for all the rest of your life. However, for contingency needs during the term
premium payment terms except single premium. of the policy, you may avail of the Partial Withdrawal option. In
• Request for commencement, change or restart of Enhanced case if you have a surplus income, you may invest the same in
your plan through top-ups.

9 10
Flexibility of Partial Withdrawals Top-up Sum Assured will be Top-Up Multiple * Top-Up
In case you need money for any emergency or otherwise, this Premium
plan enables you to withdraw from your fund. The withdrawals Top-up Premium Multiple is 1.25
from regular / Single Premium Fund are allowed after five policy Increase or decrease in the Top-up Sum Assured is not allowed.
anniversaries from the date of issuance of your policy, provided
the policy is in force. Flexibility of Premium Mode
• Partial withdrawal from the Top-up Premium Fund can be Yo u m a y c h o o s e t o p a y y o u r p r e m i u m s 4 A n n u a l l y,
allowed anytime after five policy anniversaries from the date Semi-annually, Quarterly, Monthly or even single time as per
of acceptance of each such Top-up Premium paid. your convenience.
• For Regular Premium policy, minimum partial withdrawal 4
Monthly Premium = 0.0833 of Annualised Premium, Quarterly
amount is r 5,000 subject to Total Fund Value post such Premium = 0.25 of Annualised Premium, Semi-annual
withdrawals being not less than an amount equivalent to one premium = 0.50 of Annualised Premium subject to minimum
year’s Annualised Regular Premium. premium conditions for each mode.
• For Single Premium policy, minimum partial withdrawal
amount is r 5,000 subject to Total Fund Value post such Flexibility of Additional Coverage5
withdrawals being not less than an amount equivalent to 5% You have further flexibility to customize your product by
of Single Premium paid. adding the following optional riders. The charges for these
riders, if opted for, will be recovered by cancellation of units
• Partial withdrawal is allowed only after insured attains 18
from the basic plan. The riders can be attached only at the
years of age. policy inception
• Partial Withdrawals should be made first from the Top-up For Limited Pay - The Policyholders have an option to
Premium Fund (if any) and then from the Regular choose any one of the following riders:
/Single Premium Fund, if amount in the Top-up Premium 1. Tata AIA Life Insurance Waiver of Premium (Linked) Rider
Fund is insufficient.
2. Tata AIA Life Insurance Waiver of Premium Plus (Linked) Rider
• Maximum of four (4) partial withdrawals are allowed in a
3. Tata AIA Life Insurance Accidental Death and Dismemberment
policy year and we levy no charges for making the (Long Scale) (ADDL) Linked Rider
partial withdrawals.
For Single Pay - The Policyholders have an option to choose
• The partial withdrawals shall not be allowed if it would result the following rider:
in termination of the contract. 1. Tata AIA Life Insurance Accidental Death and Dismemberment
Flexibility of Top-ups (Long Scale) (ADDL) Linked Rider
You have the flexibility to pay additional premium as ‘Top-up Ta t a A I A L i f e I n s u r a n c e A c c i d e n t a l D e a t h a n d
Premium’, provided the policy is in force Dismemberment (Long Scale) (ADDL) Linked Rider
• Top-up premiums can be paid any time except during the (UIN: 110A027V02)
last five years of the policy term, subject to underwriting, as This rider ensures protection of your family by paying your
long as all due premiums have been paid. nominee an amount equal to the rider sum assured in case of
• You can Top-up your policy up to four times in a policy year. an accidental death. In case of severe dismemberment like loss
of limbs or bodily functions or severe burns due to an accident,
• The minimum Top-up amount is r 5,000/-. Acceptance of it will pay a percentage of the rider sum assured as per the
Top up Premium is subject to prevailing underwriting rules. ADDL benefit chart. The benefits will be doubled in case of
• Top-up premiums can be allocated in any proportion certain accidental death or dismemberments. This rider will be
between the funds offered as chosen by the policyholder. allowed from entry age of 18 years up to 60 years and
maximum maturity age of 70 years.
• Every Top up Premium will have a lock-in period of five years
from the date acceptance of such Top up premiums except The maximum rider sum assured is restricted to 50% of basic
in case of complete withdrawal of policy. sum assured for the premium paying term of 7 years and
maximum rider sum assured is equal to 100% of basic sum
• At any point of time, the total Top-up premiums paid shall not assured for any other chosen premium paying terms.
exceed the sum of the total regular premiums / single
premium paid Tata AIA Life Insurance Waiver of Premium (Linked) Rider
• Top-up premiums are subject to charges as described under (UIN: 110A026V02)
"What are my Policy charges?" This rider provides for the waiver of all future premiums of the
basic policy which fall due while the proposer is totally and
Top-up Sum Assured permanently disabled (provided that the disability commences
Your Sum Assured will increase by Top-up Sum Assured when before the proposer reaches 65 years or the end of premium
you avail of a Top-up Limits on Top-up, subject to underwriting. payment term of the basic plan, whichever is earlier).This rider

11 12
will be allowed from entry age of 18 years upto 60 years and demand draft payable at par or the request for switching in
maximum maturity age of 65 years. Fund Value(s) is/are received by us at or before 3:00 p.m. of
a Business Day at the place where these are receivable, NAV
Tata AIA Life Insurance Waiver of Premium Plus (Linked) of the date of receipt or the due date, whichever is later
Rider (UIN: 110A025V02) shall apply.
This rider provides for the waiver of all future premiums of the • If the premium/s, by way of cash or a local cheque or a
basic policy which fall due in case of death or while the demand draft payable at par or the request for switching in
proposer is totally and permanently disabled (provided that the Fund Value(s) is/are received by us after 3:00 pm of a
death occurs /disability commences before the proposer business day, at the place where these are receivable, NAV
reaches 70 years or the end of premium payment term of the of the next valuation date following the receipt or the due
basic plan, whichever is earlier).This rider will be allowed from date, whichever is later shall apply.
entry age of 18 years up to 65 years (of the Proposer) and • If the premium/s is received by us by way of an outstation
maximum maturity age of 70 years (of the Proposer). cheque/ outstation demand draft, NAV of the date of on
5
These are Unit deducting riders and no separate premium which these instruments are realized shall apply.
needs to be paid. • In case of proposals or requests for Top-up Premium where
3
For more details on the benefits, premiums and exclusions underwriting or Our approval is required, the closing NAV of
under these riders please refer to the Rider Brochure or contact the day on which underwriting/approval is completed in all
our Insurance advisor or visit our nearest branch office. respects or the date of receipt of premium (in case of cash or
local cheque or demand draft payable at par) or the date of
How is the NAV calculated? cheque/ demand draft realization (in case of an outstation
The Net Asset Value (NAV) of the segregated funds shall be cheque/ demand draft) whichever is later shall apply.
computed as: • If premiums are received via standing instruction (such as
Market value of investment held by the fund + value of current auto pay, credit cards, electronic clearing system etc) the
assets - (value of current liabilities and provisions, if any) same procedure as for local cheques will apply with the date
------------------------------------------------------------------------ of sending the collection request to the relevant bank/
financial institution being taken as the date of receipt of the
Number of units existing on Valuation Date (before creation/ local cheque.
redemption of units)
b) Sale & Redemption of Units in respect of withdrawals,
The Net Asset value (NAV) will be determined and published surrender, Fund Value(s) switched out, death claim:
daily in various financial newspapers and will also be available
on www.tataaia.com, the official website of Tata AIA Life. All • If a valid request/application is received by us at or before
you have to do is multiply the number of Units you have with 3:00 pm of a Business Day, NAV of the date of receipt
the published NAV to arrive at the value of your investments. shall apply.
• If a valid request/application is received by us after 3:00 pm
Credit/Debit of Units of a Business Day, NAV of the next valuation date following
Premiums received, after deducting the Regular Premium/ the receipt shall apply.
Single Premium / Top-up Premium Allocation Charge and
applicable Goods and Services Tax and cess as applicable, will What are the options to manage
be used to purchase Units at the NAV according to your my investments6?
instruction for allocation of Premium. Units purchased by We offer you ample flexibility to manage your money so that
Regular /Single Premium and Top-up Premium, net of payable you can reap maximum benefits of your investments.
premium allocation charge and applicable Goods and Services
Switching Between the Funds
Tax and cess and as applicable, will be deposited into the
Regular/Single Premium Fund Value and Top-up Premium Fund During the policy term, you may switch your investment or part
Value respectively. of investment from one fund to another as per your outlook
about the markets. Switching may be restricted if the Enhanced
Where notice is required (Partial Withdrawal, Complete
SMART is chosen. Please refer to Enhanced SMART strategy
withdrawal or death of the Insured), Units being debited shall
for details. A total of 12 free switches are allowed in a policy year
be valued by reference to their NAV as specified in the section
after which charges will be applicable on further switches as
“Cut-off time for determining the appropriate valuation date”
shown under “What are my Policy Charges?"
Cut-off time for determining the appropriate valuation date Premium Re-direction
The appropriate valuation date at which NAV will be used to purchase Premium Re-direction facility helps you to allocate future
or redeem Units shall be determined in the following manner:- premiums to a different fund or set of funds. There is no
Premium-Redirection charge. Premium Re-direction will not be
a) Purchase & Allocation of Units in respect of Premiums
allowed if Enhanced SMART is chosen.
received or Fund Value(s) switched in:
6
Please contact our Insurance Advisor or visit our nearest
• If the premiums, by way of cash or a local cheque or a branch office for further details.

13 14
What if I want to discontinue paying Further, no risk cover shall be available on such policy during the
premiums? discontinuance period.
Discontinuance of Premiums “Proceeds of the Discontinued Policy” means the fund value as
Discontinuance of Premium within Five Years from the on the date of discontinuance plus entire income earned after
Date of Commencement (Discontinuance of the policy deduction of the fund management charges, subject to a
during lock-in period): minimum guarantee of interest @ 4% p.a. or as prescribed by
IRDAI from time to time.
a) For Regular/ Limited Premium Policies:
In case of any attachable optional rider – The status for rider will
Where a Regular/Limited Premium due before the fifth policy
be same as base plan. i.e. If option a) is chosen under base plan,
anniversary remains unpaid at the end of the Grace Period, in
then the rider will be lapsed and can we revived within 3 years.
case of discontinuance of policy due to non-payment of
premium, the fund value after deducting the applicable Discontinuance of Premium after Five Years from the Date
discontinuance charges, shall be credited to the discontinued of Commencement (Discontinuance of Policy after the
policy fund and the risk cover and rider cover, if any, shall cease. lock-in-Period):
All such discontinued policies shall be provided a revival period a) For Regular/ Limited Premium Policies:
of three years from date of first unpaid premium. On such Upon expiry of the grace period, in case of discontinuance of
discontinuance, we shall communicate the status of the policy, policy due to non-payment of premium after lock-in period, the
within three months of the first unpaid premium, to the policy shall be converted into a reduced paid up policy with the
policyholder and provide the option to revive the policy within the paid-up sum assured i.e. original sum assured multiplied by the
revival period of three years. total number of premiums paid to the original number of
premiums payable as per the terms and conditions of the policy.
i) In case the policyholder opts to revive but does not revive the The policy shall continue to be in reduced paid-up status
policy during the revival period, the proceeds of the without rider cover, if any. All charges as per terms and
discontinued policy fund shall be paid to the policyholder at conditions of the policy may be deducted during the revival
the end of the revival period or lock-in period whichever is period. However, the mortality charges shall be deducted
later. In respect of revival period ending after lock-in period, based on the reduced paid up sum assured only.
the policy will remain in discontinuance fund till the end of
On such discontinuance, Insurer shall communicate the status
revival period. The Fund management charges of of the policy, within three months of the first unpaid premium, to
discontinued fund will be applicable during this period and no the policyholder and provide the following options:
other charges will be applied.
(1) To revive the policy within the revival period of three years, or
ii) In case the policyholder does not exercise the option as set
(2) Complete withdrawal of the policy.
out above, the policy shall continue without any risk cover
and rider cover, if any, and the policy fund shall remain In case the policyholder opts for (1) above but does not revive
invested in the discontinuance fund. At the end of the lock-in the policy during the revival period, the fund value shall be paid
period, the proceeds of the discontinuance fund shall be paid to the policyholder at the end of the revival period.
to the policyholder and the policy shall terminate. In case the policyholder does not exercise any option as set out
above, the policy shall continue to be in reduced paid up status.
iii) However, the policyholder has an option to surrender the
At the end of the revival period the proceeds of the policy fund
policy anytime and proceeds of the discontinued policy shall
shall be paid to the policyholder and the policy shall terminate.
be payable at the end of lock-in period or date of surrender
whichever is later. However, the policyholder has an option to surrender the policy
anytime and proceeds of the policy fund shall be payable.
b) For Single Premium Policies:
b) For Single Premium Policies:
In case of Single premium policies, the policyholder has an
Policyholder has an option to surrender the Policy any time.
option to surrender any time during the lock-in period. Upon
Upon receipt of request for surrender, the Fund Value as on
receipt of request for surrender, the fund value, after
Date of Surrender shall be payable.
deducting the applicable discontinuance charges, shall be
credited to the discontinued policy fund. Reduced paid-up sum assured = Basic Sum Assured * (t / n)
The policy shall continue to be invested in the discontinued Where,
policy fund and the proceeds from the discontinuance fund shall t = Total number of Premiums
be paid at the end of lock-in period. Only fund management n= Total number of Premiums payable for the entire premium
charge can be deducted from this fund during this period. paying term

15 16
A reduced paid-up policy will continue as per policy terms and For Limited Pay
conditions and charges as mentioned under “What are the Premium Allocation Charge as a % of Annualised Premium
charges in your policy?" shall continue to be deducted.
Policy Year % of Annualised Premium
Policyholder will have an option of resuming payment of
<5,00,000 >=5,00,000
premiums with full sum assured before the end of revival period
of three years from the date of last unpaid premium. 1 6% 5.5%
Top-ups will not be allowed when the policy is in reduced 2 5.5% 5%
paid-up status. 3 to 5 5% 4.5%
Partial Withdrawal will be allowed during the reduced paid-up 6 to 7 4% 3.5%
status. 8 to 10 3% 2.5%
What if I want to discontinue the policy? 11 year onwards 1.5% 1%
Complete Withdrawal Top-up Premium Allocation Charge = 1.5% of Top-up premium
The policyholder can completely withdraw his/her policy The regular / single premium and top-up premium allocation
anytime during the policy term by intimating the company. charges are guaranteed throughout the term of the policy.
If policyholder requests for Complete Withdrawal from the policy – The above premium allocation charges shall not exceed the
maximum premium allocation charge as declared by the
• Within the lock-in period; the surrender value i.e. the fund Authority which currently stands at 12.5% of Annualised
value less applicable discontinuance charges as on the date Premium for any year.
of discontinuance shall be credited to the ‘Discontinued
Policy Fund’ as maintained by the Company. The ‘Proceeds Policy Administration Charge
of the Discontinued Policy’ i.e. the fund value as on the date A Monthly Policy Administration Charge will be deducted by
of discontinuance plus entire income earned after deduction cancelling Units at the NAV from the Fund Value of the policy
of the fund management charges, subject to a minimum and this charge may be increased by upto a maximum of 5%
guarantee of interest @ 4% p.a. or as prescribed by IRDAI p.a. compounded annually subject to a maximum of r 500
from time to time shall be paid to the policyholder after per month which are the current caps specified by the
completion of the lock-in period. Authority and can change from time to time. Tabulated
In case of death of the insured during this period the below is the Monthly Policy Administration charge.
“Proceeds of the Discontinued Policy” shall be payable to the For Single Pay Option - 0.90% p.a. of Single Premium
nominee immediately. throughout the policy term
• After the Lock-in Period; the total fund value as on the date For Limited Pay Option - 0.75% p.a. of Annualised premium
of complete withdrawal shall be paid to the policyholder. throughout the policy term
Lock-in period means the period of 5 consecutive years from Fund Management Charge
the date of commencement of the policy, during which period
A Fund Management Charge will be charged for each fund on each
the proceeds of the discontinued policies cannot be paid by
valuation date at 1/365 of the following annual rates and will be
the insurer, except in the case of death or upon the happening applied on the total values of the investment funds as given below
of any other contingency covered under the policy.
Sr. Fund Management
Fund Name
What are my policy charges7? No Charge per annum
1 Multi Cap Fund 1.20%
Premium Allocation Charge
2 India Consumption Fund 1.20%
Regular Premium / Single Premium Allocation Charge as below 3 Top 50 fund 1.20%
will be deducted from the Regular Premium / Single Premium. 4 Top 200 fund 1.20%
The net Regular Premiums/ Single Premium after deduction of 5 Super Select Equity Fund 1.20%
charges are invested in Funds as per your choice.
6 Large Cap Equity Fund 1.20%
For Single Pay 7 Whole Life Mid-cap Equity Fund 1.20%
Premium Allocation Charge as a % of Single Premium 8 Whole Life Aggressive Growth Fund 1.10%
9 Whole Life Stable Growth Fund 1.00%
Policy Year % of Single Premium
10 Whole Life Income Fund 0.80%
1 3%
Whole Life Short Term Fixed 0.65%
11 Income Fund

17 18
Fund Management Charges are subject to revision by value, net of discontinuance charges as on the date of
Company with prior approval of IRDAI but shall not exceed discontinuance shall be put in the ‘Discontinued Policy Fund’.
The ‘Proceeds of the Discontinued Policy’ i.e. the fund value as
1.35% per annum of the Fund value which is the maximum limit
on the date of discontinuance plus entire income earned after
currently specified by the Authority and can change from time deduction of the fund management charges, subject to a
to time. A Fund Management Charge of 0.50% p.a. shall be minimum guarantee of interest @ 4% p.a. or as prescribed by
charged on Discontinued Policy Fund. The current cap on IRDAI from time to time shall be paid to the policyholder only
Fund Management Charge (FMC) for Discontinued Policy Fund after completion of the lock-in period.
is 0.50% p.a. and shall be declared by the Authority from time
The following table shows discontinuance charges applicable
to time.
for Single Pay Option
Mortality Charge8 Where the policy is Maximum Discontinuance Charges for
The Mortality Charge of the Basic Policy will be deducted by discontinued during the policies having Single Premium
cancelling Units at the current NAV, from the Regular/Single the policy year above R 3,00,000/-
Premium Fund value of the Policy on each Policy Month Lower of 1% of Single Premium or Single
Anniversary. In case of the Top-up Sum Assured, the same will 1 Premium Fund Value subject to a
be deducted from the Top-up Premium Fund Value. If the Regular maximum of R 6,000/-
/ Single Premium Fund Value is insufficient, then mortality charge
will be deducted from the Top-up Premium Fund Value, if any and Lower of 0.70% of Single Premium or
2 Single Premium Fund Value subject to a
vice-versa.
maximum of R 5,000/-
Mortality charge = Sum at Risk (SAR) multiplied by the applicable
Lower of 0.50% of Single Premium or
Mortality Rate for the month, based on the attained age of
3 Single Premium Fund Value subject to a
the Life Assured. maximum of R 4,000/-
Sum at Risk in each month for Regular / Single Premium
Lower of 0.35% of Single Premium or
Account is the difference between: 4 Single Premium Fund Value subject to a
a) Maximum of (Basic Sum Assured net of all deductible partial maximum of R 2,000/-
withdrawals, if any, from the relevant Regular/Single Premium 5 and onwards Nil
Fund Value or 1.05 times total Regular/Single premiums paid)
and The following table shows discontinuance charges applicable
for Limited Pay Option
b) Regular/Single Premium Fund Value at the time of deduction of
Mortality Charge Where the policy is Maximum Discontinuance Charges for
Sum at Risk in each month for Top-up Premium Account is the discontinued during the policies having annualized
difference between: the policy year premium above R 50,000/-
a) Maximum of (Top-up Sum Assured, from the relevant Top-up Lower of 6% of Annualised Premium or
Premium Fund Value or 1.05 times total Top-up Premiums paid) 1 Regular Premium Fund Value subject to a
and maximum of R 6,000/-
b) Top-up Premium Fund Value at the time of deduction of Lower of 4% of Annualised Premium or
Mortality Charge. 2 Regular Premium Fund Value subject to a
maximum of R 5,000/-
Sample Age Mortality Charges per 1000
Sum at Risk (r) (per annum) Lower of 3% of Annualised Premium or
3 Regular Premium Fund Value subject to a
25 1.088
maximum of R 4,000/-
35 0.990
Lower of 2% of Annualised Premium or
45 1.973 4 Regular Premium Fund Value subject
55 4.929 maximum of R 2,000/-
8
The Mortality Charges will be guaranteed for the period of the policy 5 and onwards Nil
term. Females and smokers lives will be treated at par with other
standard lives and will not be charged any extra amount. There are no discontinuance charges applicable on the Top-up
premium Fund Value.
For complete details on mortality charges visit us at
www.tataaia.com Partial Withdrawal Charge
Discontinuance Charge There are no partial withdrawal charges under this plan.
The policyholder can discontinue paying premium anytime Fund Switching Charge
during the policy term by intimating to the company. However There are 12 (twelve) free switches per policy year. Thereafter a
when the request for discontinuance from the policy is within charge of r 100/- per switch will be applicable. This Charge may
the lock-in period of 5 years from policy inception, total fund
19 20
be revised as deemed appropriate by the Company subject to conditions of the policy.
prior approval of IRDAI but shall not exceed a maximum of r 250/-
or the maximum Switching Charge declared by the Authority from Backdating
time to time. Backdating is not allowed in this plan
Miscellaneous Charge: Policy Loan
Premium Re-direction Charge Policy Loan is not allowed in this plan
There is no Premium Re-direction Charge. Exclusions
7
The Company may alter all the above charges (except In case of death due to suicide within 12 months from the date
Mortality Charge and Premium Allocation Charges which are of commencement of the policy or from the date of revival of
guaranteed throughout the term) by giving an advance notice the policy, the nominee or beneficiary of the policyholder shall
of at least three months to the policyholder subject to the prior be entitled to fund value/policy account value, as available on
the date of intimation of death. Any charges other than Fund
approval of IRDAI and will have prospective effect. Management charges recovered subsequent to the date of
In case of Single Premium Policy, the policy will terminate as death shall be paid-back to the nominee or beneficiary along
and when the total fund value becomes less than or equal to with death benefit.
1% of Single Premium and the balance Fund Value shall be For exclusions on the rider benefits, please refer to the
payable to you. This situation may result because of the respective supplementary contract.
combined impact of partial withdrawals at inopportune time Tax Benefits
and fund performance.
Premiums paid under this plan are eligible for tax benefits
After completion of premium paying term for regular premium under Section 80C of the Income Tax Act, 1961 and are
policy, the policy will terminate as and when the total fund value subject to modifications made thereto from time to time.
becomes less than or equal to one Annualised Premium and Moreover, life insurance proceeds enjoy tax benefits as per
the balance fund value shall be payable to you. This situation Section 10(10D) of the said Act.
may result because of the combined impact of partial
withdrawals at inopportune time and fund performance. Income Tax benefits would be available as per the prevailing
income tax laws, subject to fulfillment of conditions stipulated
Other plan features/ terms and conditions therein. Income Tax laws are subject to change from time to
time. Tata AIA Life Insurance Company Ltd. does not assume
Free Look Period
responsibility on tax implication mentioned anywhere in this
If You are not satisfied with the terms & conditions/features of document. Please consult your own tax consultant to know the
the Policy, You have the right to cancel the Policy by giving tax benefits available to you.
written notice to Us stating objections/reasons and You will
receive the non-allocated premium plus charges levied by Assignment
cancellation of units plus fund value at the date of cancellation Assignment allowed as per provisions of Section 38 of the
less (a) proportionate risk premium for the period of cover (b) Insurance Act 1938 as amended from time to time.
medical examination costs, if any and (c) stamp duty, along Nomination
with Goods and Services Tax and cess on above which has
been incurred for issuing the Policy. Such notice must be Nomination allowed as per provisions of Section 39 of the
signed by You and received directly by Us within 15 days after Insurance Act 1938 as amended from time to time.
You or person authorized by you receives the Policy. This Prohibition of Rebates - Section 41 - of the Insurance Act,
period of 15 days shall stand extended to 30 days, if the policy 1938 as amended from time to time.
is sourced through distance marketing mode9. 1. No person shall allow or offer to allow, either directly or
9
Distance Marketing includes every activity of solicitation indirectly, as an inducement to any person to take out or
(including lead generation) and sale of insurance products renew or continue an insurance in respect of any kind of risk
through voice mode, SMS electronic mode, physical mode relating to lives or property in India, any rebate of the whole
(like postal mail) or any other means of communication other or part of the commission payable or any rebate of the
than in person. premium shown on the policy, nor shall any person taking
Grace Period out or renewing or continuing a policy accept any rebate,
If you are unable to pay your Regular Premium on time, starting except such rebate as may be allowed in accordance with
from the date of first unpaid premium, a grace period of 30 the published prospectuses or tables of the Insurer.
days will be offered for policies on Annual, Semi- Annual or 2. Any person making default in complying with the
Quarterly Modes. For Policies on monthly mode the grace provisions of this section shall be liable for a penalty which
period would be 15 days. During this period your policy is may extend to ten lakh rupees.
considered to be in force with the risk cover as per the terms &

21 22
About Tata AIA Life acceptance.
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a • Insurance cover is available under this product.
joint venture company, formed by Tata Sons and AIA Group • Riders are not mandatory and are available for a nominal
Ltd (AIA). Tata AIA Life combines Tata’s pre-eminent extra cost. For more details on benefits, premiums and
leadership position in India and AIA’s presence as the exclusions under the Rider(s), please contact Tata AIA Life's
largest, independent listed pan-Asia Life Insurance Group in Insurance Advisor/ Branch.
the world spanning 18 markets in Asia Pacific. Tata Sons • Participation by customers shall be on voluntary basis.
holds a majority stake (51 per cent) in the Company and AIA
• This product will be offered only to Standard lives.
holds 49 per cent through an AIA International Limited. Tata
AIA Life Insurance Company Limited was licensed to • Some benefits are guaranteed and some benefits are
operate in India on February 12, 2001 and started non-guaranteed with returns based on the future
operations on April 1, 2001. performance of your Insurer carrying on life insurance
business (Tata AIA Life Insurance). If your policy offers
Disclaimers guaranteed returns then these will be clearly marked
• Investments are subject to market risks. “guaranteed’ in the illustration table on the pages 3 and 4. If
• Unit Linked Life Insurance products are different from the your policy offers non-guaranteed returns then the
traditional insurance products and are subject to the risk illustrations on the pages 3 and 4 will show two different rates
factors. Please know the associated risks and the applicable of assumed future investment returns. These assumed rate
charges, from your Insurance agent or the Intermediary or of return are not guaranteed and these are not the upper or
policy document issued by the insurance company. lower limits of what you might get back, as the value of your
• The various funds offered under this contract are the names policy is dependent on a number of factors including future
of the funds and do not in any way indicate the quality of investment performance. The illustrated maturity values have
these plans, their future prospects and returns. The been calculated using investment returns of 8% and 4%
underlying Fund’s NAV will be affected by interest rates and respectively. The rates used are approved by the Life
the performance of the underlying stocks. Insurance Council.
• The performance of the managed portfolios and funds is not
guaranteed and the value may increase or decrease in
accordance with the future experience of the managed
portfolios and funds. Past performance is not indicative of
future performance.
• The Premium paid in the Unit Linked Life Insurance Policies
are subject to investment risks associated with capital
markets and the NAVs of the units may go up or down based
on the performance of fund and factors influencing the
capital market and the Insured is responsible for his / her
decisions.
• Buying a life insurance policy is a long-term commitment. An
early termination of the policy usually involves high costs and
the Surrender Value payable may be less than the total
premiums paid.
• The brochure is not a contract of insurance. This brochure
should be read along with benefit Illustration. The precise
terms and conditions of this plan are specified in the policy
contract available on Tata AIA Life website.
• Tata AIA Life Insurance Company Ltd. is only the name of the
Insurance Company and Tata AIA Life Insurance Wealth
Maxima is only the name of the Unit Linked Life Insurance
Contract and does not in any way indicate the quality of the
contract, its future prospects or returns.
• This product is underwritten by Tata AIA Life Insurance BEWARE OF IRDAI is not involved in activities like selling insurance
Company Ltd. This plan is not a guaranteed Issuance plan SPURIOUS/ policies, announcing bonus or investment of
and it will be subject to Company’s underwriting and FRAUD PHONE premiums. Public receiving such phone calls are
CALLS! requested to lodge a police complaint.

23
 Tata AIA Life Insurance Company Limited (IRDAI Regn. No.110)
CIN: U66010MH2000PLC128403. Registered & Corporate Office:
14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai - 400013. Trade logo displayed above belongs to Tata
Sons Ltd and AIA Group Ltd. and is used by Tata AIA Life Insurance Company Ltd under a license. For any information including cancellation, claims
and complaints, please contact our Insurance Advisor / Intermediary or visit Tata AIA Life’s nearest branch office or call 1-860-266-9966
(local charges apply) or write to us at customercare@tataaia.com. Visit us at: www.tataaia.com or SMS 'LIFE’ to 58888.
Unique Reference Number: L&C/Advt/2020/Jan/189 • UIN: 110L114V03