Tata AIG Accident Guard

Invest In Tax Saving Mutual Funds Online

Download Tax Saving Mutual Fund Application Forms

Buy Gold Mutual Funds

Call 0 94 8300 8300 (India)

 

Tata AIG Accident Guard

	Objective			This is a personal accident policy that aims to cover accidental death and disablement caused during the policy period.
Suited for			It can be bought as an individual cover or you may also include your family members under the same policy.
What does it do?			Like any other personal accident policy, this policy pays in case of accidental death or disability. It comes with two options, (1) Accidental Death & Dismemberment, (2) Accidental Death and Dismemberment accompanied by Permanent Total Loss of Use. A person can select either of the two options on the basis of coverage required. Option 2 offers wider insurance. Both options of the policy offer a weekly cash benefit in case of an accident, but not in the family cover. Another useful benefit is education allowance for continuation of child's education on death of the parent. Insurance company will also extend financial support to modify house or vehicle of the policyholder in case of disability
Pros			It offers an insurance cover up to Rs 1 crore.
Cons			There is no taxation benefit.
Our View			A standalone personal accident policy which is a must for anyone carrying accidental risk. Accidental risk can arise from a road accident or a job that requires performing dangerous tasks. Education allowance and house or vehicle modification allowance are valuable benefits. It also offers a huge cover of up to Rs 1 crore thus useful for those looking for a huge accidental cover. This policy is recommended.
Eligibility
Entry Age (years)
Minimum		18; 6 months for child
Maximum		65; 18 years for child (23 years in case of higher education)
Coverage Type		Individual/ family
Policy Term (years)		1
Sum Insured (Rs)
Maximum		1 crore
Minimum		500000
No Claim Bonus		Sum insured increases by 5% for each claim free year upto 5 years
Pre Policy Medical Check Up		Not required
Customer Service
Address		Registered Office:TATA AIG Insurance, 9th Floor, Piramal Towers, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 01
Mail to		customersupport@tata-aig.com
Call to		1800-266-7780
SMS		TAG to 5616181

 

	Scope of Cover
Accidental death		pays accidental benefit equal to sum insured
Accidental Disablement		pays an amount equal to as agreed upon in the policy document
Accidental weekly benefit (not available with family option)		available in multiples of Rs 1000 depending on the opted sum insured
Additional benefits (applicable only with Family Option)
Education allowance		10% of sum insured is paid towards child education in case of accidental death
Repatriation of remains		pays an amount upto Rs 5000 for transportation of insured person's remains
Modification allowance		pays upto maximum of Rs 1 lakh towards the cost of modifying house or vehicle in case of Permanent Total disability or Dismemberment
Double Dismemberment benefit for children		children who are automatically insured, Dismemberment benefit doubles
Family transportation (if hospital is 150 kms away from residence)		reimburses actual expenses incurred by immediate family member to reach insured person upto maximum of Rs 50000

 

	Exclusions and Waiting Period
Pre-existing disability		not covered

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

1. ICICI Prudential Tax Plan Invest Online
2. HDFC TaxSaver Invest Online
3. DSP BlackRock Tax Saver Fund Invest Online
4. Reliance Tax Saver (ELSS) Fund Invest Online
5. Birla Sun Life Tax Relief '96 Invest Online
6. IDFC Tax Advantage (ELSS) Fund Invest Online
7. SBI Magnum Tax Gain Scheme 1993 Invest Online
8. Sundaram Tax Saver Invest Online
9. Edelweiss ELSS Invest Online

------------------

Best Performing Mutual Funds

1. Largecap Funds Invest Online
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Birla Sun Life Front Line Equity Fund
2. Large and Midcap Funds Invest Online

1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
2. Mid and SmallCap Funds Invest Online

1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
3. Small and MicroCap Funds Invest Online

1. DSP BlackRock MicroCap Fund
4. Sector Funds Invest Online

1. Reliance Banking Fund
2. Reliance Banking Fund
5. Tax Saver MutualFunds Invest Online
1. ICICI Prudential Tax Plan
2. HDFC Taxsaver
3. DSP BlackRock Tax Saver Fund
4. Reliance Tax Saver (ELSS) Fund
6. Gold Mutual Funds Invest Online

1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund