Tata AIA Life Insurance Co. Ltd. has unveiled ShubhMaha Life, a Non-Linked, Participating Whole Life Savings Plan designed to cater to evolving financial needs across life’s stages. The plan aims to provide robust protection during peak earning years while ensuring tax-free retirement income and long-term critical illness coverage for later years.
The plan offers flexible cover options, growth potential through equity participation, and multiple payout structures including retirement income, deferred income, and lump sum options. ShubhMaha Life also integrates Tata AIA Health Buddy, providing preventive health check-ups, teleconsultations, diagnostics, and wellness programs. Special discounts are available for women, families of existing Tata AIA customers, and Tata Group employees.
In Siliguri, financial advisors report strong local interest, with residents showing preference for plans combining protection, savings, and critical illness coverage. “Siliguri customers value solutions that secure both their family’s future and personal retirement plans. ShubhMaha Life fits this requirement perfectly,” said a local Tata AIA representative. Harjeet Sethi, Managing Partner Business Associate at Tata AIA, highlighted that the plan adapts to life’s changing responsibilities, delivering security, growth, and peace of mind. ShubhMaha Life builds on the legacy of the acclaimed Maha Life plan, streamlining financial planning with a single comprehensive solution.
