Capital Guarantee & Immediate Income Solution

What this product is

A bundled "combo" solution pairing a guaranteed-income traditional plan with a ULIP, aiming to combine locked-in income with a shot at market-linked growth in one paired purchase.

You might need this if…

• You want a chunk of guaranteed income plus some market exposure, without shopping for two separate policies yourself
• You're comfortable holding two linked policies together as a package rather than one single plan
• You want life cover on both the traditional and ULIP legs of the combo
• You're prepared to hold for the 12+ year combined term these combos are typically structured around

How it actually works

• Bundles two underlying Tata AIA products together - typically a traditional guaranteed-income plan bought alongside a ULIP
• Minimum combined premium around ₹50,000/year, in common premium-term/policy-term pairings (e.g., 7-year pay / 15-year term, or 10-year pay / 17-year term)
• The traditional leg pays a guaranteed regular income during the policy term and returns total premiums at the end of the income period
• The ULIP leg's maturity value depends on fund performance - it is explicitly not guaranteed
• Partial withdrawals from the ULIP portion are typically allowed once the fund has been running a few years
• You can usually pick a guaranteed maturity payout percentage (e.g., 80%/100%/150%/200% of a specified amount) on the traditional leg

Worked example

Worth knowing before you decide

• Because it bundles a guaranteed plan with a ULIP, effective blended returns can end up similar to (or lower than) plain debt instruments once charges are netted out - it's worth comparing against buying term insurance plus a separate mutual fund
• Two policies mean two sets of charges, surrender rules, and paperwork, not one
• The ULIP portion carries market/investment risk borne entirely by you
• This card is pieced together from third-party analysis of a published illustration rather than Tata AIA's own brochure, which wasn't directly retrievable - confirm exact structure and figures with a current benefit illustration

Official source

Not available in the current product data — this insurer has not published a standalone brochure PDF for this plan; the notes above are drawn from their official product page instead.

Learn about this category

Read the full traditional life insurance explainer → · See all traditional savings products →