Tata AIA launches Shubh Maha Life with flexible retirement cover

The plan offers higher life cover during working years.

Tata AIA Life Insurance has rolled out Shubh Maha Life, a non-linked, participating whole life savings plan that combines protection with retirement income.

The plan offers higher life cover during working years and reduced cover after retirement, alongside options for tax-free income, lump sums, or deferred payouts. 

Select variants also include long-term critical illness protection.

Shubh Maha Life is available in four packages, with discounts on first-year premiums for women, existing customers’ families, and Tata Group employees. 

It also comes with Tata AIA’s Health Buddy service, which provides preventive check-ups and teleconsultations.

Sujeet Kothare, Chief of Products at Tata AIA, said the plan is designed to adapt to changing financial needs across life stages.