new ulip launch_version 3_for approval

8/8/2019 New ULIP Launch_Version 3_For Approval

1/61

For internal circulation and training purposes only.

Slide

1

More changes?

How will thesechanges impact

me??

Will I be able todo better

business than I

used to do?

Is this a new

opportunity for

me?


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Slide

2

Changes

Lock in Period Charges Minimum Cover

Plan lock in period

increased from 3 years to 5years

A maximum limit has been

placed on various planrelated charges

Life or health coverage is

compulsory for all non

pension unit linked plans.

Minimum coverage limits

defined based on age at

entry.

Net YieldDiscontinuance of

premiumsTreatment of Top - ups

Top ups are treated as

single premium and will

provide additional life

coverage.

Guidelines have been

changed with respect to

minimum growth per year,

maximum reduction in yield

based on number of years

for which the premiums are

paid.

The fund value of

discontinued policies will be

kept separately and will

continue to grow at atleast

3.5%p.a during the lock in

period.

New Unit Linked Guidelines


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Slide

3

Regulatory Guidelines with respect to ULIPs

Discontinuance of premiums Complete Withdrawal


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Slide

4

Customer has to choose one of the

two options within 30 days or receipt

of the notice

Tata AIG Life sends a notice to the

Customer within 15 days from theexpiry of grace period

Customer does not pay premium onthe due date

Discontinuance of premiums

Option 1: Revival of the planOption 2: Chooses to withdraw or does notrespond to the notice within notice period

If customer chooses this option before

the end of the notice period, the policy

remains in force and life cover continues

All relevant charges as due will be

deducted from the total fund value

There are 2 scenarios:

Discontinuance of

premiums within 5

years from

inception

Discontinuance of

premiums after

paying first 5 years

premiums

Till the end of the

notice period, the life

cover continues & the

policy is in force

Next Slide Explains these 2 scenarios

A B


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Slide

5

In case Customer chooses to withdraw or does not respond to thenotice within notice period

Discontinuance of premiums within

5 years from inception

Discontinuance of premiums after

paying first 5 years premiums

If the customer chooses option 2*or does

not choose** :

Total Fund Value after deduction of

DiscontinuanceCharge shall be credited

to the Discontinued Policy Fund at theend of the notice period

The proceeds of this fund with minimum

interest rate of 3.5% p.a, shall be

refunded at the end of Lock-in period of

five years from the inception

In case of death, the proceeds of this

fund shall be paid.

The total fund value shall be refunded to

the insured immediately

*Before the Expiry of the Notice Period

**Till the Expiry of the Notice Period

Life Cover ceases in bothLife Cover ceases in both

these Scenariosthese Scenarios

A B


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Slide

6

Complete Withdrawal Customer Opts

Opts forComplete Withdrawal

within Lock in period of 5 years

Opts forComplete Withdrawal

AFTER lock in period of 5 years

Total Fund Value after deduction of

DiscontinuanceCharge shall be credited

to the Discontinued Policy Fund on the

date of discontinuance

The proceeds of this fund with minimum

interest rate of 3.5% p.a, shall be

refunded at the end of Lock-in period of

five years from the inception

The total fund value shall be refunded to

the insured immediately

A B


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Slide

7

Change is good!

The new unit linked guidelines make the

product even better for the customer

All +ve customer propositions give a better

opportunity to you!


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Slide

8

New positioning opportunities

New positioning opportunity forULIPs

Lower Charges Higher coverage Growth Potential

*For customer age under 45 years**Depending on year of exit & Premium Paid ***For premium payment term of 15 years or more


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Slide

9

Positioning pointers for the new ULIPs

Fund Management Charges Premium Allocation Charges

Benefit to the customer

Lesser money is deducted as Premium Allocation Charge & Admin Charge

Hence more money gets invested from inception

The customer gets even better value for investments made

Lower Charges


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Slide

10


Minimum Coverage

Advantage to the customer

The customer gets a life or health coverage with each ULIP

Financial Goals are protected in the event of death/ health related issues


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Slide

11


Age of customer is below 45 years

Single Premium Regular Premium

Age of customer is 45 years or more

Single Premium Regular Premium

(Whichever is higher)


Age of customer is below 45 years

Regular Premium


Age of customer is 45 years or more

Regular Premium


The minimum benefit (in

case of death or health

related issues) shall beatleast

105%of the total premium paid

* For Whole Of Life ULIP plans Term = 70 (minus) Age at Entry* For Whole Of Life ULIP plans Term = 70 (minus) Age at Entry


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Slide

12


Minimum Illustrated Maturity Yield

(Premium payment

term of more than10 years)

(Premium

payment term of10 years or less)

The above Illustrated yields are assuming a 10% illustrated fund growth

This gives you the opportunity to persuade the customer to: Opt for longer term

Stay invested for more than 15 years


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Slide

13

Maximum reduction in yield

Maximum Reduction in Yield 2.25% to 4% depending on the number of years for whichthe premiums have been paid refer table belowrefer table below

Early exit is a loss for the customerEarly exit is a loss for the customer

Staying invested makes the most senseStaying invested makes the most sense

Number of years elapsed since

inception

Maximum reduction in yield (Difference between Gross and Net

Yield (% per annum))

5 4%

6 3.75%

7 3.50%

8 3.30%

9 3.15%

10 3.00%

11 & 12 2.75%

13 & 14 2.50%

15 + 2.25%


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Slide

14

Wonderful opportunity for you to convert customers to clients!

On an average, an individual will buy life insurance atleast7 times

during their lifetime. However, in most cases, they buy it from different

sales person. Do you wonder why?

Most of us fail to maintain relationship with our customers & convertthem to clients ! Do you wonder why?

It is easier for you to pitch and close more Life Insurance Sales to

customers who stay invested in the plans they buy from you as they

needed them. Whenever they buy what they need, they end up

Buying You & Your Services for life.

This mostly happens as they end up buying a product we want to sell &

seldom a product they need .


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Lets understand life stage needs and how

ULIPS can help provide for them


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Slide

16

Life stages and needs at each stage

Age 23 - 25

Starting a career

Needs

Age 26 - 29

Starting a family

Needs

Age 30 - 34

First child is born

Needs

Age 35 - 50

Education of thechild + Buying a

House + ThinkingRetirement

Needs

Age 51 and

above

Children gettingsettled.

Approachingretirement.

Needs

Hassle FreeInvestmentInstrument

Investment andfinancial protection

for spouse

Investment andmore financialprotection for

family

IncreasedFinancialProtection - family.

Investment forchilds higher

education , debtcover, retirement

planning etc.

Investment forretirement.

Financial Protectionfor spouse.

Corpus for childsmarriage

Our ULIP plans are well positioned to address all these needs

They complement financial protection ably as well


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New unit linked insurance plans from Tata AIG Life


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Tata AIG Life InvestAssure Flexi Supreme

Need: Insurance Cover with Long term investment flexibilities


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Slide

19

What does Tata AIG Life InvestAssure Flexi Supreme offer?

Policy Term flexibilityFlexible Investment

FundOptions

Life Coverage for

chosen termPortfolio Strategies

Tata AIG Life

InvestAssure

Flexi Supreme


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Slide

20

Policy Term Flexibility

Choose any term between 15 and 40 years

Flexible enough to save for multiple financial goals

Tata AIG Life

InvestAssure

Flexi Supreme


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Slide

21

Flexible Investment Options

Flexibility to choose the appropriate fund as per risk appetite

Large Cap Equity Fund1

Whole Life Mid Cap Equity Fund2

Super Select Equity Fund3

Whole Life Aggressive Growth Fund4

Whole Life Stable Growth Fund5

Whole Life Income Fund6

Whole Life Short Term Fixed

Income Fund7

77

Tata AIG Life

InvestAssure

Flexi Supreme


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Slide

22

Flexible coverage options

Minimum Sum Assured for customerbelow 45 years of age

Minimum Sum Assured for customer equalto or above 45 years of age

Minimum Life Cover is based on policy term and age at entry

Maximum Sum Assured

Tata AIG Life

InvestAssure

Flexi Supreme

Life Insurance Coverage protects dreams too


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Slide

23

Flexibility of Top - ups

All top ups made will enhance the sum assured

Top up sum assured is equal to Top up premium multiple x top up premium

Top up multiples are as follows:

Age of customer is below 45 yearsAge of customer is 45 years or

more

MinimumSum

assured

MinimumSum

assured

Option to

choose a

highercoverage

Option to

choose a

highercoverage

Top up premium multiple can be different from the regular premium multiple

Tata AIG Life

InvestAssure

Flexi Supreme


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Slide

24

Flexibility to increase or decrease basic sum assured

Basic sum assured can be increased by choosing a higher premium

multiple*

Basic sum assured can be decreased by choosing lower premium multiple**

*Subject to underwriting and the maximum premium multiple allowed by the product

**Subject to the minimum premium multiple allowed in the product

Tata AIG Life

InvestAssure

Flexi Supreme


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Slide

25

Flexible Portfolio Strategies

Systematic Money

Allocation and Regular

TransferOption*

Automatic Asset

Allocation Option

For customers wanting

to harness the power of

rupee cost averaging


automatic portfolio

rebalancing based on

attained age

*Available for annual mode only

RegularFund

Investment Strategy

Ideal for customers who

want to invest as per

their unique

requirements and want

to have the flexibility to

make fund switches andpremium redirection

Tata AIG Life

InvestAssure

Flexi Supreme


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Slide

26

Other Benefits

12 switches in a year

are free of cost*

Flexibility to book

profits or take

advantage of a better

performing fund

Premium Redirection

Flexibility to conserve

current growth and take

advantage of a better

performing fund

*Charge of ` 100 for every additional switch beyond 12 free switches in a policy year. The fund switching charge may be revised as deemed appropriate by the Company

but shall not exceed a maximum of ` 250/-.**The minimum Amount that can be withdrawn is 5,000/- subject to Total Fund Value (RegularFund + Top Up Fund) post such withdrawals is not less than an amountequivalent to one years Annualised Regular Premium

Partial Withdrawals

Flexibility to access the

fund to meet urgent

financial needs

Minimum: ` 5,000Allowed upto 4 times a

policy years**

Top ups

Flexibility to invest

additional amounts of

money as investment

and to increase

coverage

Minimum: `. 5,000Allowed upto 4 times a

policy years

Tata AIG Life

InvestAssure

Flexi Supreme


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Slide

27

Plan Charges

Premium Allocation Charges

Premium

Year

% of Annualized Premium

For Premium = `

30,000

1-3 3% 2%

4 to 10 2 % 2 %

11 to 15 1% 1%

16th yearonwards 0% 0%

Top up Premium AllocationCharge

1.5% of the single top- up

Administration Charges*

**Minimum Premium for Semi annual / QuarterlyandMonthly mode is ` 24,000 p.a. and for AnnualMode is ` 20,000

Policy YearAnnualized Premium**

(in ` )

Admin Fees

per month

(in ` )

First year

20,000** to 29,999 70

30,000 to 49,999 100

50,000 and above 150

PolicyYear

Premium25,000

Year 1 Lower of 20% x (AP orFV) not to exceed `

3000

Lower of 6% x (AP orFV) not to exceed `

6000


2000


5000


1500


4000


1000


2000

Year 5

+

Nil Nil

Premium Discontinuance Charges

Tata AIG Life

InvestAssure

Flexi Supreme

** Administration Charge will be deducted by canceling Units at the Unit Price from the Fund Value of the policyAdministration Charge will be deducted by canceling Units at the Unit Price from the Fund Value of the policy

The Monthly Policy Administration charge shown above is for the 1st policy year.The Monthly Policy Administration charge shown above is for the 1st policy year.

This charge will increase by 5% compounded annually from the next policy anniversary onwards , subject to a Maximum ofThis charge will increase by 5% compounded annually from the next policy anniversary onwards , subject to a Maximum of `6000 per annum.6000 per annum.


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Slide

28

Plan Charges

Fund Management Charges*

Funds Fund Management Charge % of fund value

Large Cap Equity Fund 1.20%

Whole Life Mid Cap Equity Fund 1.20%

Super Select Equity Fund 1.20%

Whole Life Aggressive Growth Fund 1.10%

Whole Life Stable Growth Fund 1.00%

Whole Life Income Fund 0.80%

Whole Life Short Term Fixed income Fund 0.65%

*Fund Management Charges are subject to revision by Company with prior approval of IRDA but shall not exceed 1.35% per annum ofthe Fund value.

Tata AIG Life

InvestAssure

Flexi Supreme


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Slide

29

Plan Snapshot

Minimum Issue Age 4 years ( There is NO Juvenile lien under this plan)

Maximum Issue Age 60 yearsMaximum Maturity Age 75 years

Policy Term 15 40 years

Premium Payment Term Regular Pay only

Minimum Premiumy ` 20,000 p.a for annual modey ` 24,000 p.a for all other modes

Maximum Premium No limit, subject to underwriting

Premium Mode Annual / Semi-annual / Half-yearly / Monthly

Premium Multiple Range

Minimum

1. For < 45 years : Higher of (10* AP, 0.5*PT*AP)2. For >= 45 years : Higher of ( 7* AP , 0.25*PT*AP)

Maximum - 60 x Annualised PremiumAP Annualized Premium

PT Policy Term

Underwriting Guidelines Fully underwritten

Tata AIG Life

InvestAssure

Flexi Supreme


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Slide

30

How the plan works?

Flexibility to

make Top-ups

Fund Value

+

Top Up fund

value (if any)

Maturity

4 years 60 Years

In case of unfortunatedeath, payout is

Customerenters the

Plan

DEATH

Access to money via partialwithdrawals*.

Minimum Amount

` 5,000

Sum Assured net of all

Deductible Partial

Withdrawals, if any,

from the Regular

Premium Fund

The Regular Premium

Fund Value

Approved Top-Up Sum

Assured(s) net of all

Deductible Partial


from the Top-Up Fund

The Top- up Fund Value

105% of (the total premiums, including top up premiums, paid

till date net of Deductible Partial Withdrawals)

Tata AIG Life

InvestAssure

Flexi Supreme

* As per partial withdrawalsclauses.

Allowed only if the insured isabove 18 years of age

Premium/ Top up

MaturityBenefit


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Slide

31

Needs Fulfillment

Tata AIG Life InvestAssure Flexi Supreme is a flexible unit linked plan that

can be used to provide for multiple financial goals.

Long term protection offers coverage

till age 75

Build Corpus for Retirement to

purchase annuity

Life Coverage Retirement

Need

Maturity proceeds can be planned to fund important

financial goals for planned events

Childs Higher

education

Childs marriage

expenses

Tata AIG Life

InvestAssure

Flexi Supreme

Planning for a

bigger house

Creates a FLEXIBLE asset

to PROTECT & ACHIEVE

multiple financial goals over

the MEDUIM to LONG TERM


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Slide

32

Plan Commission

Base Policy

Policy Year 1

Policy Term Commission as % of Premium

< 20 years 6%

20 and above 8%

For all Policy Terms

Policy Year 2 & 3 1%

Policy Year 4+ 0%

Tata AIG Life

InvestAssure

Flexi Supreme

There is no production bonus (MPB & QPB) payable on this product


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Slide

33

New Feature: Common Application Formto be used for IA Flexi Supreme


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Tata AIG Life Lakshya Supreme

Need : Simplified Issuance Plan with Multiple Investment Options


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Slide

35

What does Tata AIG Life Lakshya Supreme offer?

Life Coverage for

chosen term Portfolio Strategies

*Subject to Random Medicals

Flexible Investment

FundOptions

Offers Simplified

Issuance*


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Slide

36

Flexible Investment Options

Flexibility to choose the appropriate fund as per risk appetite

Large Cap Equity Fund1

Whole Life Mid Cap Equity Fund2

Super Select Equity Fund3

Whole Life Aggressive Growth Fund4

Whole Life Stable Growth Fund5

Whole Life Income Fund6


Income Fund7

77

Tata AIG Life

Lakshya

Supreme


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Slide

37

Protection of financial goals from unfortunate events

Age of customer

is below 45 years

Age of customer

is 45 years or

more

Life Coverage based on policy term and age at entry

Policy Term

Life Insurance Coverage protects dreams too

The minimum death

benefit shall be

atleast 105%

of the total

premium paid

Tata AIG Life

Lakshya

Supreme


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Slide

38

Invest additional amounts through Top Ups & get moreprotection too

All Top ups made will enhance the sum assured

Top up sum assured is equal to Top up premium multiple (x) top up

premium

Top up multiples are as follows:

Age of customer is below

45 years

Age of customer is 45

years or more

MinimumSum

assured

MinimumSum

assured

Option tochoose a

highercoverage

Option tochoose a

highercoverage

Top up premium multiple can be different from the regular premium multiple

Tata AIG Life

Lakshya

Supreme


39/61


Slide

39

Flexible Portfolio Strategies

Systematic Money

Allocation and Regular

TransferOption*

Automatic Asset

Allocation Option

RegularFund

Investment Strategy


to harness the power of

rupee cost averaging


automatic portfolio

rebalancing based onattained age

Ideal for customers who

want to invest as per

their unique

requirements and want

to have the flexibility to

make fund switches and

premium redirection

*Available for annual mode only

Tata AIG Life

Lakshya

Supreme


40/61


Slide

40

Other Benefits

Premium Redirection

Flexibility to conserve current growth

and take advantage of a better

performing fund

*Charge of ` 100 for every additional switch beyond 12 free switches in a policy year. The fund switching charge may be revised as deemed appropriate by the

Company but shall not exceed a maximum of ` 250/-.

12 switches in a year are free of cost*

Flexibility to book profits or take

advantage of a better performing fund

Tata AIG Life

Lakshya

Supreme


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Slide

41

Other Benefits

Partial Withdrawals

Flexibility to access the fund to meet

urgent financial needs

Minimum: ` 5,000

Allowed upto 4 times a policy year.

Minimum balance after withdrawal : Total

Fund Value (RegularFund + Top Up Fund)

post withdrawals should not be less than an

amount equivalent to one years Annualised

Regular Premium

Top ups

Flexibility to invest additional amounts of

money as investment and to increase

coverage

Minimum: ` 5,000

Allowed upto 4 times a policy year.

Top ups are subject to underwriting and

each top up will have a lock in period

of 5 years from date of approval of such

top - up. TOP UP is not allowed in the last

5 policy years

Tata AIG Life

Lakshya

Supreme


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Slide

42

Payouts on maturity / unfortunate death

Maturity Payout Death Payout (if policy is in force)

Regular Premium Fund Value at

applicable unit price

Top up Fund Value at applicableunit price

Payout will be higher of A or B

*Deductible Partial Withdrawals mentioned above shall mean the higher of sum of all partial withdrawals paid from the relevant Accounts) (i) during the 24 months

immediately preceding insureds date of death, or (ii) after Insured attains 60 years of age.

A is higher of

Sum Assurednet of deductible partial

withdrawals from regular

premium fund

Approved Top up

Sum Assurednet of deductible partial

withdrawals from top up

fund

Regular Premium

Fund Value

Top up premium

fund value

OR

PLUS, higher of

A

B

105%

105% of total premiums,

including top up premiums, paidtill date net of Deductible Partial

Withdrawals)

OR

Tata AIG Life

Lakshya

Supreme


43/61


Slide

43

Plan Charges

Premium Allocation Charges

Policy

Year

Premium25,000

Year 1 Lower of 20% * (AP orFV) not to exceed `

3000

Lower of 6% * (AP orFV) not to exceed 6000


2000



1500



1000


Year 5

+

Nil Nil

Premium Discontinuance Charges

Premium

Band /

Policy

Year

Year 1 Year 2 to 10Year 11

onwards

20,000 50,000

3.00% 2.00% 1.00%

Top up premium1.5% of single top up

premium

Administration Charges*

Annualized Premium

Band (In `) **Monthly Policy Administration

Charge (In `)

20,000 29,999 75

30,000 39,999 95

40,000 50,000 125

** Administration Charge will be deducted by canceling Units at the Unit Price from the Fund Value of the policyAdministration Charge will be deducted by canceling Units at the Unit Price from the Fund Value of the policy

The Monthly Policy Administration charge shown above is for the 1st policy year.The Monthly Policy Administration charge shown above is for the 1st policy year.

This charge will increase by 5% compounded annually from the next policy anniversary onwards , subject to aThis charge will increase by 5% compounded annually from the next policy anniversary onwards , subject to a

Maximum ofMaximum of `6000 per annum.6000 per annum.

Tata AIG Life

Lakshya

Supreme

**Minimum Premium for Semi annual / Quarterly and Monthlymode is ` 24,000 p.a. and for Annual Mode is ` 20,000


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Slide

44

Plan Charges

Fund Management Charges*

Funds Fund Management Charge % of fund

value

Large Cap Equity Fund 1.20%

Whole Life Mid Cap Equity Fund 1.20%

Super Select EquityF

und 1.20%

Whole Life Aggressive Growth Fund 1.10%

Whole life Stable Growth Fund 1.00%

Whole Life Income Fund 0.80%

Whole Life Short Term Fixed income Fund 0.65%

* Fund Management Charges are subject to revision by Company with prior approval of IRDA but shall not exceed 1.35%* Fund Management Charges are subject to revision by Company with prior approval of IRDA but shall not exceed 1.35%per annum of the Fund value.per annum of the Fund value.

Tata AIG Life

Lakshya

Supreme


45/61


Slide

45

Plan Snapshot

Policy Term 20/25/30

Minimum Issue Age 4 years ( There is NO Juvenile lien under this plan)

Max Issue Age 55 years for 20 year term; 50 years for 25 year term; 45 years for 30 year term

Max Age at Maturity 75 years

Premium Mode Annual/Semi-annual/Quarterly/Monthly

Minimum PremiumMinimum Premium For Annual Mode: ` 20,000 p.a.Minimum Premium For otherModes: ` 24,000 p.a.

Maximum Annualised

Premium` 50,000

Increase/Decrease inTop up Sum Assured

Increase/Decrease in Top-up Sum Assured by changing the premium multiple can beallowed subject to Underwriting and maximum limit set by the company and subject tothe minimum Top-up Sum Assured allowed under this product.

Underwriting

GuidelinesSimplified underwriting (with Random Medicals)

Tata AIG Life

Lakshya

Supreme


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Slide

46

How the plan works?

Flexibility to

make Top-ups

Fund Value

+

Top-Up fund

value (if any)

Maturity

55 Years

In case of unfortunatedeath, payout is higher of

Customerenters the

Plan

* As per partial withdrawalsclauses.

Allowed only if the insured isabove 18 years of age

DEATH

Access to money viapartial withdrawals*.

Minimum partial

withdrawal amount:

` 5,000

Premium/ Top up

4 Years

Sum Assured net of all

Deductible Partial


from the Regular

Premium Fund

The Regular Premium

Fund Value

Approved Top-Up Sum

Assured(s) net of all

Deductible Partial


from the Top-Up Fund

The Top- up Fund Value

105% of (the total premiums, including top up premiums, paid

till date net of Deductible Partial Withdrawals)M

aturityB

enefit

Tata AIG Life

Lakshya

Supreme


47/61


Slide

47

Needs Fulfillment

Tata AIG Life Lakshya Supreme is a simplified issuance unit linked plan that

can be used to provide for multiple financial goals.

Long term protection offers coverage

till age 75

Build Corpus for Retirement to

purchase annuity

Life Coverage Retirement

Need

Maturity proceeds can be planned to fund important

financial goals for planned events

Childs Higher

education

Childs marriage

expenses

Tata AIG Life

Lakshya

Supreme

Planning for a

bigger house

Creates an asset to

PROTECT & ACHIEVE

multiple financial goals over

the LONG TERM


48/61


Slide

48

Plan Commission

Base Policy Top - up

Policy Year

Commission

as % of

Regular

Premium

Year 1 7.00%

Year 2 1.00%

Year 3 1.00%

Year 4+ 0.00%

1% of Single Top up

Tata AIG Life

Lakshya

Supreme

There is no production (MPB & QPB) bonus payable on this product


49/61


Slide

49

New Feature: Common Application Form Simplifiedto be used for Lakshya Supreme


50/61

Common Features of all our Unit Linked Plans


51/61


Slide

51

Fund Descriptions

Name of the

FundFund Objective Fund Allocation

Risk

Profile

Fund

Management

charge

Large Cap

Equity Fund

The primary investment objective of theFund is to generate long - term capitalappreciation from a portfolio that isinvested pre-dominantly in large capequity and equity linked securities.

Equities and Equity linkedInstruments - 80 to 100%Cash / Money MarketInstruments Upto 20%

High 1.2%

Whole Life

Mid Cap

Equity Fund

The primary investment objective of theFund is to generate long term capitalappreciation from a portfolio that is

invested pre-dominantly in Mid Cap EquityandMid Cap Equity linked securities.

Equities and Equity linkedInstruments- 60% to 100%Cash/Money MarketInstruments Upto 40%

High 1.2%

Super Select

Equity Fund

The primary investment objective of thefund is to provide income distribution overa period of medium to long term while atall times emphasizing the importance ofcapital appreciation. The fund will investsignificant amount in equity and equitylinked instruments specifically excludingcompanies predominantly dealing in

Gambling, Lotteries/Contests, AnimalProduce, Liquor, Tobacco, Entertainment(Films, TV etc) Hotels, sugar, leather,Banks and Financial Institutions.

Equity and Equity Linkedinstruments 60% to 100%Debt and Cash/ Money

Market Instruments 0%-40%

High 1.2%


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Slide

52

Fund Descriptions

Name of the

FundFund Objective Fund Allocation

Risk

Profile

Fund

Management

Charges

Whole Life

Aggressive

Growth Fund

The primary investment objective ofthe Fund is to provide higher returnsin long term by investing primarily inEquities along with debt/ moneymarket instruments.

Equities and Equity linkedInstruments - 50-80%; DebtInstruments- 20-50%; cash /Money Market Instruments- Upto50%

Mediumto High

1.10%

Whole Life

Stable Growth

Fund

The primary investment objective ofthe Fund is to provide stable returnsby balancing the investment in

Equities and debt/ money marketinstruments.

Equities and Equity linkedInstruments - 30-50%; DebtInstruments 50%-70%; Cash /

Money Market Instruments- Upto70%

Low toMedium

1.00%

Whole Life

Income Fund

The primary investment objective ofthe Fund is to generate income byinvesting in a range of debt andmoney market instruments ofvarious maturities with a view to

maximizing the optimal balancebetween yield, safety and liquidity.

Debt Instruments- 60% to 100%Cash / Money Market Instruments-Upto 40%

Low 0.80%

Whole Life

Short-Term

Fixed Income

Fund

The primary investment objective of

the Fund is to generate stablereturns by investing in fixed incomesecurities having shorter maturityperiods. Under normalcircumstances, the average maturityof the Fund may be in the range of1-3 years.

Debt Instruments of duration lessthan 3 years- 60 to 100% Cash /Money Market Instruments- Up to40%

Low 0.65%


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Slide

53

Systematic Money Allocation & Regular Transfer (SMART) Option

Accumulation

fund Target fund

Policy Month 1 1/12th of the units*

Policy Month 2 1/11th

of the units*








Policy Month 10 1/3rdof the units*

Policy Month 11 1/2 of the units*

Policy Month 12 Balance units*

Annualized

Premiums

Can be any of theexisting funds

Any fund other than the

chosen accumulationfund

Can be started at policy inception or at any policy anniversary thereafter by giving a request 30 days

prior to policy anniversary

*of the Units available at the BEGINNING of the policy month stated above.


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Slide

54

Guidelines for SMART

Can be initiated on policy inception or on any policy anniversary.

Request to start SMART should be received 30 days in advance of thepolicy anniversary

Can be stopped at any point of time.

Manual fund switching for Accumulation and Target Fund is not allowed.

Manual fund switching is allowed on other available funds at applicable

charges. Conditions regarding switch fee, minimum switch, and minimumfund after switch, etc. for normal switching option shall be as applicable

under this plan

SMART Option will not be available during discontinuance of Premium.

We may refuse request for SMART, or cease offering SMART by giving 30

days of written notice

SMART Option will not be available when Automatic Asset Allocation is

chosen


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Slide

55

Automatic Asset Allocation Option (AAA)

Age 22* Age 34* Age 50*

Very high risk Appetite High Risk Appetite MediumRisk Appetite

LargeCapEquity Fund

Whole LifeIncome Fund



85% 15% 75% 25% 60% 40%

Invests a larger proportion in Large Cap Equity Fund

at younger ages to ensure capital appreciation.The fund allocation in the Whole Life Income Fund

is increased at higher ages forcapital protection.

Automatically changes allocation between Large Cap Equity Fund & Whole Life Income Fund to match

risk appetite at specific ages.

LargeCapEquity Fund

LargeCapEquity Fund

*Age last birthday


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Slide

56

In what manner will be fund allocation be done for AAA?

Age Band

(Age last birthday)

Large Cap Equity Fund Whole Life Income Fund


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Slide

57

Guidelines for Automatic Asset Allocation (AAA)

Can be availed at the option of the policy holder, exercisable on policy inception or on any policyanniversary thereafter.

Automatic Asset allocation can be chosen both for Regular Premiums and Top-up Premiums

Request to start the Automatic Asset Allocation should be received 30 days in advance of thepolicy anniversary.

Can be discontinued any time during the term of the plan and restarted again

Manual fund switching for Regular Premiums funds & Top Premiums funds (if any) on which AAAis active is not allowed.

Manual fund switching is allowed on other available funds at applicable charges. Conditionsregarding switch fee, minimum switch, and minimum fund after switch, etc. for normal switchingoption shall be as applicable under this plan

Automatic Asset Allocation is free of any charge.

For all age-dependant features, the revision to Policyholders age will be effected on the annualanniversary of your policy following your birthday and not on your actual birthday

On approaching Maturity age, to ensure capital protection we will systematically transfer yourinvestments from Large Cap Equity Fund to Whole Life Income Fund in 10 installments during the

last 10 quarters of the policy term.

Automatic Asset Allocation Option will not be available when SMART is chosen

We may refuse request for AAA, or cease offering AAA by giving 30 days of written notice.


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Slide

58

Regular Fund Investment Option

Large Cap Equity Fund

Whole Life Mid Cap Equity Fund

Choose any fund(s) from: Choose any fund allocation

Whole Life

Aggressive

Growth Fund

Whole Life

Stable Growth

Fund

75% 25%

Make switches & top - ups

Fund Switch Top ups*

Super Select Equity Fund

Whole Life Aggressive Growth

Fund

Whole Life Stable Growth Fund

Whole Life Income Fund


Income Fund

*Subject to underwriting. Not allowed during the last 5 years of the policy

Premium Redirection


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Slide

59

Benefits of ULIPs

12 switches in a year are

free of cost*

Flexibility to book profits

or take advantage of a

better performing fund

*Charge of ` 100 for every additional switch beyond 12 free switches in a policy year. The fund switching charge may be revised as deemed appropriate by the

Company but shall not exceed a maximum of ` 250/-.

**The minimum Amount that can be withdrawn is 5,000/- subject to Total Fund Value (RegularFund + Top Up Fund) post such withdrawals is not less than an

amount equivalent to one years Annualised Regular Premium

Partial Withdrawals

Allowed any time after 5 policy

years from the date of issuance

of the policy or from the date of

approval/deposit of the last Top-

Up Premium paid, whichever is

later and only after the insured

has attained 18 years of age.

Minimum: ` 5,000

Allowed upto 4 times a policy

years**

Top ups

Flexibility to invest

additional amounts of

money and to increase life

coverage

Minimum: `. 5,000

Allowed upto 4 times in a

policy year


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Slide

60

Create a

Win Win

situation!

Pitch our unit linked insuranceplans - today!


61/61

Disclaimers

IN THIS POLICY, THE INVESTMENT RISK ININVESTMENT PORTFOLIOIS BORNE BY THE POLICYHOLDER.

This material belongs to Tata AIG Life Insurance Company Ltd. Any unauthorized use, reprint or circulation is prohibited.

Tax benefits are as per the Income tax Act, 1961 and are subject to modifications made thereto from time to time

Tata AIG Life Insurance Company Limited, (Reg. No. 110) Delphi- B Wing, 2nd FloorOrchard Avenue, Hiranandani Business Park, Powai,

Mumbai 400 076

Insurance is the subject matter of the solicitation

Section 45 of the Insurance Act 1938- No policy of life insurance effected before commencement of this Act shall after expiry of two years

from the date of commencement of the Insurance Act and no policy of life insurance after coming into force of the Act, shall after expiry of

two years from the date on which it was effected, be called in question by an insurer on the ground that a statement made in the proposal

(application) for insurance and any report of a medical officer or referee, or friend of the life insured, or in any document leading to the

issue of the policy , was in accurate or false, unless the insurer shows that such statement was on a material matter or suppressed facts,

which it was material to disclose and that it was fraudulently made by the policyholder and the policyholder knew at the time of making that

the statement was false or that it suppressed facts that it was material to disclose. Provided that nothing in this section shall prevent the

insurer from calling for proof of age at any time if he is entitled to do so, and no policy shall be deemed to be called in question merelybecause the terms of policy are adjusted on subsequent proof that the age of the life assured was incorrectly stated in the proposal.

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 a policy accept any 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 punishable with fine which may extend to five hundred

rupees.

ULIPS products are different from traditional Life Insurance products and are subject to r isk factors.

Premium paid in ULIPS are subject to Investment risks associated with capital Markets & the NAV of the units may go up or down based

on the performance of the fund and factors influencing capital markets & the insured is responsible for his decision

Investments are subject to market risks. Past performance is not indicative of future results (Including sales illustrations and brochures)

This product is underwritten by Tata AIG Life Insurance Company Ltd.

The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their

future prospects and returns.

Please know the associated risks and the applicable charges from yourInsurance agent or the Intermediary or policy document.

This material is to be solely used for Training Purposes and is strictly meant forInternal Circulation Only

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