Personal goals evolve as we go through life. That's why Citi and Tata AIA have entered into a corporate agency relationship to offer smarter, hassle-free financial solutions in one conversation, so you can grow and protect what truly matters.
Life Insurance
Citibank brings to you a wide range of Life Insurance plans which combine investments and Insurance, offering complete coverage for you and your loved ones.
All through your life, significant events will occur at various stages and demand your financial commitment. If you plan in advance for these events, you will quite naturally be prepared when they occur.
Life Insurance assists you to plan for your future so that you are financially equipped to meet your goals while giving you protection benefits. Citi is committed to partner you in your journey of progress, and help you select the appropriate life insurance solution for the life stage you are currently in. To begin planning for important future milestones, you may refer to the Life stages below to help you make the right decisions.
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Young Professional
If you're single, and have just begun your career, you might feel that you probably don't have a need for Life Insurance. However, there are several reasons why you should consider it. There may be someone who depends on you financially - such as an aging parent or sibling.
You may need to take some form of debt like a home loan or personal loan that you wouldn't want to pass on to family members in case of any unfortunate situation. If marriage is on the cards, an increase in responsibilities is likely to bring a host of liabilities on your young shoulders. You may want to be prepared for all such times.
Currently, the premium you may be required to pay will be at its lowest and as one ages, the premium for the policy is typically higher for similar benefits, hence you can enjoy lower premiums at this stage. See the areas below you should focus on
- Medium/ long term savings with Life Protection
Financial planning is the key to fulfilling your dreams and aspirations.
The sign of a sound financial plan is the inclusion of adequate life insurance coverage in the plan, with an element of savings built alongside.
Tata AIA Life Insurance Wealth Pro
A Non-Participating Unit Linked Endowment Insurance plan that helps grow your money into wealth so that your dreams and aspirations never fall short of resources. Wealth Pro provides protection to your family and helps meet your retirement and child education needs.
Tata AIA Life Insurance Wealth Maxima
A Non-Participating Unit Linked Whole of Life Insurance plan that allows you to tap into force multipliers of the market to create a lasting legacy for your loved ones. It makes your money grow over a period of time to ensure greater protection and wealth creation.
Tata AIA Life Insurance Gold Income Plan
This is a non-participating non-linked endowment assurance plan. A limited pay income plan that meets tomorrow's requirements along with protecting your loved ones and dreams as it ensures you of guaranteed returns for the money invested. This plan not only offers Guaranteed Lump Sum benefit on Maturity but also gives Guaranteed Income during the income term that increases every year.
Tata AIA Life Insurance Smart Income Plus
This is a Non-Linked, Non-Participating, Endowment Assurance Plan. A limited pay income plan that meets tomorrow's requirements along with protecting your loved ones and dreams as it ensures you of guaranteed returns for the money invested. Investment in this plan helps you fulfill your medium to long term goals.
Financial planning is the key to fulfilling your dreams and aspirations.
The sign of a sound financial plan is the inclusion of adequate life insurance coverage in the plan, with an element of savings built alongside.
Tata AIA Life Insurance Wealth Pro
A Non-Participating Unit Linked Endowment Insurance plan that helps grow your money into wealth so that your dreams and aspirations never fall short of resources. Wealth Pro provides protection to your family and helps meet your retirement and child education needs.
Tata AIA Life Insurance Fortune Maxima
A Non-Participating Unit Linked Whole of Life plan that allows you to fulfill some critical life needs with a greater degree of efficiency and helps create legacy for your loved ones. It makes your money grow over a period of time to ensure greater protection and wealth creation.
Tata AIA Life Insurance Wealth Maxima
A Non-Participating Unit Linked Whole of Life Insurance plan that allows you to tap into force multipliers of the market to create a lasting legacy for your loved ones. It makes your money grow over a period of time to ensure greater protection and wealth creation.
Tata AIA Life Insurance Gold Income Plan
This is a non-participating non-linked endowment assurance plan. A limited pay income plan that meets tomorrow's requirements along with protecting your loved ones and dreams as it ensures you of guaranteed returns for the money invested. This plan not only offers Guaranteed Lump Sum benefit on Maturity but also gives Guaranteed Income during the income term that increases every year.
Tata AIA Life Insurance Smart Income Plus
This is a Non-Linked, Non-Participating, Endowment Assurance Plan. A limited pay income plan that meets tomorrow's requirements along with protecting your loved ones and dreams as it ensures you of guaranteed returns for the money invested. Investment in this plan helps you fulfill your medium to long term goals.
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Just Married
This new lease of life gives hope to new beginnings such as buying a home, planning a family or maybe even changing careers. Now Life Insurance is even more important because someone else is financially tied to you. First, calculate the amount of coverage you need to replace future lost income and cover any large debts. Then, decide what type of Insurance to buy.
If both you and your partner earn incomes, each of you may be financially dependent on each other's income to maintain a similar standard of living. If this is the case, you should both have Life Insurance coverage to help the other continue to live the lifestyle you've worked so hard to achieve together.
- Medium/ long term savings with Life Protection
Ensure that your loved ones are taken care of should the worst happen.
Different life protection plans let you protect the most important people in your life.
Financial planning is the key to fulfilling your dreams and aspirations.
The sign of a sound financial plan is the inclusion of adequate life insurance coverage in the plan, with an element of savings built alongside.
Tata AIA Life Insurance Wealth Pro
A Non-Participating Unit Linked Endowment Insurance plan that helps grow your money into wealth so that your dreams and aspirations never fall short of resources. Wealth Pro provides protection to your family and helps meet your retirement and child education needs.
Tata AIA Life Insurance Wealth Maxima
A Non-Participating Unit Linked Whole of Life Insurance plan that allows you to tap into force multipliers of the market to create a lasting legacy for your loved ones. It makes your money grow over a period of time to ensure greater protection and wealth creation.
Tata AIA Life Insurance Gold Income Plan
This is a non-participating non-linked endowment assurance plan. A limited pay income plan that meets tomorrow's requirements along with protecting your loved ones and dreams as it ensures you of guaranteed returns for the money invested. This plan not only offers Guaranteed Lump Sum benefit on Maturity but also gives Guaranteed Income during the income term that increases every year.
Tata AIA Life Insurance Smart Income Plus
This is a Non-Linked, Non-Participating, Endowment Assurance Plan. A limited pay income plan that meets tomorrow's requirements along with protecting your loved ones and dreams as it ensures you of guaranteed returns for the money invested. Investment in this plan helps you fulfill your medium to long term goals.
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Married with kids
You have a need and an obligation to protect your family, and provide for them even when you are not there physically. Whether your child is a newborn, or you have a toddler running around, you need to ensure your potential future earning power will continue to take care of your family, come what may Life Insurance will provide money directly to your family in times of need, which can help them keep up with their existing lifestyle, pay for the kid's education, and pay off debt and other related items.
- Child’s education planning
Ensure that your loved ones are taken care of should the worst happen.
Different life protection plans let you protect the most important people in your life.
You dreams big and aspire the best for your child.
To ensure such dreams are fulfilled coupled with a secured future, financial planning becomes extremely important. Help your child make his/ her dream a reality.
Tata AIA Life Insurance Wealth Pro
A Non-Participating Unit Linked Endowment Insurance plan that helps grow your money into wealth so that your dreams and aspirations never fall short of resources. Wealth Pro provides protection to your family and helps meet your retirement and child education needs.
Tata AIA Life Insurance Smart Income Plus
This is a Non-Linked, Non-Participating, Endowment Assurance Plan. A limited pay income plan that meets tomorrow's requirements along with protecting your loved ones and dreams as it ensures you of guaranteed returns for the money invested. Investment in this plan helps you fulfill your medium to long term goals.
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Wealth Capitalist & Closing Retirement
With your retirement drawing closer, you would be looking to put up your feet and rest finally. You may not need as much Life Insurance as before, but it remains critical if you're married and still working.
Life Insurance can still help fill in the gap in your financial plan and allow your spouse to keep up with the lifestyle you've worked so hard to provide. Life Insurance plans also provide you options to create more wealth out of the hard earned money you have earned.
- Retirement Planning
- Legacy Planning
Get the retirement you deserve with insurance plans that provide stable returns and protection coverage from now till your golden years.
Tata AIA Life Insurance Wealth Pro
A Non-Participating Unit Linked Endowment Insurance plan that helps grow your money into wealth so that your dreams and aspirations never fall short of resources. Wealth Pro provides protection to your family and helps meet your retirement and child education needs.
Wealth is more than a hallmark of success; it is a means of providing financial security for future generations.
Tata AIA Life Insurance Wealth Maxima
A Non-Participating Unit Linked Whole of Life Insurance plan that allows you to tap into force multipliers of the market to create a lasting legacy for your loved ones. It makes your money grow over a period of time to ensure greater protection and wealth creation.
Axis Bank Limited ("Axis Bank") is registered with Insurance Regulatory & Development Authority of India ("IRDAI") as a Corporate Agent (Composite), IRDAI Registration No. CA0069 (valid till 31st March 2025) for distribution of Insurance Products. Axis Bank currently has a corporate agency agreement with (A) Max Life Insurance Co. Ltd, Life Insurance Corporation of India (LIC), Tata AIA Life Insurance Co. Ltd. and Bajaj Allianz Life Insurance Co. Ltd. for distribution of life insurance products; (B) Tata AIG General Insurance Co. Ltd, New India Assurance Co. Ltd, Bajaj Allianz General Insurance Co. Ltd, Royal Sundaram General Insurance Co. Ltd and ICICI Lombard General Insurance Co. Ltd for distribution of general insurance products. For distribution of health insurance products, Axis Bank has a corporate agency agreement with Aditya Birla Health Insurance Co. Ltd, HDFC ERGO General Insurance Co. Ltd and Niva Bupa Health Insurance Co. Ltd.
You can avail insurance from any of these insurers through Axis Bank as per your requirement and discretion. Please note that insurance is underwritten by the respective Insurance Companies and Axis Bank does not underwrite the risk or act as an insurer. The contract of insurance is between the Insurance Company and the insured only, and not between Axis Bank and the insured. Axis Bank is only acting as a distributor of the insurance products offered to by the insurance companies.
Axis Bank is not responsible or liable for performance of any obligations under the contract of insurance. Insurance is sold as a stand-alone product and not linked to any of the Banking products. Participation in Insurance is purely on a voluntary basis. Purchase of Insurance is not a pre-condition of availing any of the banking products/services.
The product information given on the website is indicative in nature. Nothing contained herein is to be construed as advice, recommendation, offer for a policy or any other assistance. Axis Bank does not guarantee that this website reflects latest amendments/ information at all times or at any time. For IRDAI grievances: igms.irda.gov.in. For more details on risk factors, product details, terms and conditions and exclusions please read the relevant product brochure carefully before conclusion of sale.
Address: Axis Bank Limited, Corporate Office, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai - 400 025. Tel: 18604195555. Email: email.services@axisbank.com
Beware of Spurious Phone calls and Fictitious/Fraudulent offers: IRDA of India clarifies to public that:
- 1. IRDA of India or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premium.
- 2. IRDA of India does not announce any bonus, Public receiving such phone calls are requested to lodge a police complaint.
SECTION 41 OF THE INSURANCE ACT 1938 PROHIBITION OF REBATES
- No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take out or renew or continue an Insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy nor shall any person taking out or renewing or continuing a Policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectus or tables of the Insurer.
- Any person making default in complying with the provisions of this section shall be liable for penalty which may extend to ten lakh rupees.