Tata AIA plan covers 60+ critical illnesses with tax-free withdrawals

Market-linked returns support fund accumulation before medical needs arise.

Tata AIA Life Insurance unveiled a unit-linked life insurance plan.

The plan, Shubh Health Criti, earns market-linked returns, covers 60+ critical illnesses, and allows tax-free withdrawals for treatment.

Instead of a traditional payout triggered by diagnosis, this plan lets policyholders accumulate a health fund that earns market-linked returns and can be drawn upon, tax-free, for critical illness treatment, procedures, or associated costs.

Some features of the plan include: 30-Year Premium Guarantee, Premium Waiver on death or disability, Terminal Illness with Term Booster, and  Entry Age of (age on last birthday) 18/65 years old.

($1.00 = INR94.72)