Sampoorna Raksha Supreme_V17

For internal circulation only and not to be used for solicitation purpose. 1

What Questions do you have before making an important Financial Decision; especially the ones that cover and protect sacred goals? For internal circulation only and not to be used for solicitation purpose. 2

The Questions WHO WHY How Much • Brand Protection Gap Adequacy • Purpose RRiigghhtt SSoolluuttiioonn • Track Record For internal circulation only and not to be used for solicitation purpose. 3

The Questions WHO WHY How Much • Brand Protection Gap Adequacy • Purpose Right Solution • Track Record For internal circulation only and not to be used for solicitation purpose. 4

The Tata Group A Global ENTERPRISE IN PARTNERSHIP WITH SOCIETY “In a free enterprise, the community “ DRIVEN BY VALUES is not just another stakeholder in business, but is in fact the very For internal circulation only and not to be used for solicitation purpose. 5 purpose of its existence. JAMSETJI TATA, FOUNDER OF THE TATA GROUP

The AIA Group HEALTHIER, LONGER, BETTER LIVES USD 195 bn 52 Million In 2020, AIA contributed Total Assets with Solvency Customers protected under over ratio of 328% Individual & Group US$4.5 USD 1.74 Trillion# Over 14 Million MILLION Total Sum Assured Benefit Payment during 2019, to community causes. Protection to Customers helping customers and their families to cope with challenges at different life stages # As of 31st December 2019 For internal circulation only and not to be used for solicitation purpose. 6 All the figures are as of 30 June 2020, Source : AIA Website

Tata AIA Vision To be the pre-eminent protection provider enabling dreams, inspiring healthier and happier lives. Leaders in Protection Solutions For internal circulation only and not to be used for solicitation purpose. 7

Tata AIA - Protection Leadership Claim Settlement Ratio Solvency Ratio Protection Consumer Base *99.06% 235% 4.81 Lacs *Individual life death claims is 99.06% for FY Against the regulatory requirement of 150% Since inception till Feb 2021 2019-20 as per the latest annual audited figures Source: IRDA Annual Report March 2020 submitted to IRDA PROTECTION PREMIUM FY21 Protection Mix (on Retail ANP) 769 22% 159 11% 13 6% FY15 FY18 FY’21 FY15 FY18 FY’21 For internal circulation only and not to be used for solicitation purpose. 8

Living our Vision For internal circulation only and not to be used for solicitation purpose. 9

The Questions WHO WHY How Much • Brand Protection Gap Adequacy • Purpose Right Solution • Track Record For internal circulation only and not to be used for solicitation purpose. 10

Awareness about Protection is on the rise… Gross Premium increased Online sales of term life Sales of critical illness riders from 2.56 trillion in FY12 to insurance have increased have also seen a surge of by 40 per cent in the around 7.31 trillion in FY20 last 3.5 months 10-20% in the last INDIAN INSURANCE INDUSTRY REPORT (JANUARY, 2021) few months Source: https://www.ibef.org/industry/insurance- April 20 - https://www.businesstoday.in/money/insurance/40-jump-in- sector-india.aspx online-insurance-sales-on-covid-19-lockdown/story/399452.html July 20 - https://www.financialexpress.com/money/insurance/covid-19- awareness-life-insurance-industry-sees-surge-in-critical-illness-cover-along- with-term-plans/2037858/ For internal circulation only and not to be used for solicitation purpose. 11

Term Plan awareness and ownership 45% 52% 44% 48% 47% 44% 47% 51% 19% 25% 19% 25% 25% 20% 21% 24% Millennials Non- Women Men Affluent Mass Self-employed Salaried millennials Term Plan Awareness Term Plan Ownership India Protection Quotient For internal circulation only and not to be used for solicitation purpose. 12 A study by Kantar IMRB to understand how financially protected Indians feel

Average Sum Assured Insurance cover is roughly Insurance Penetration in 87 Lacs 8 percent of the actual requirement India 3.76% October 2020 https://www.moneycontrol.com/news/business/personal- https://www.cnbctv18.com/finance/protection-gap-very- Data as of 2019, Source: IRDA Annual Report 2019 - 20 finance/tracing-the-staggering-growth-of-term-insurance- high-in-india-even-after-term-insurance-available-for-as- in-india-over-the-last-decade-5965731.html low-as-rs-1000month-7014041.htm Protection Gap still remains very high in India For internal circulation only and not to be used for solicitation purpose. 13

The Right Solution Life Cover aligned with Hospitalization Benefit Backup Plan for Medical What if you outlive the Ones Life Stage Needs Emergencies due to Policy Term (incl. hospitalization due to COVID 19) Critical Illness Life Stage Hospicare Benefit Payor Accelerator Return of 105% of Option Rider Benefit & Critical Premiums Paid on Illness Benefit Maturity For internal circulation only and not to be used for solicitation purpose. 14

The Questions WHO WHY How Much • Brand Protection Gap Adequacy • Purpose Right Solution • Track Record For internal circulation only and not to be used for solicitation purpose. 15

Low Cover is No Cover How much Protection is just as important ? For internal circulation only and not to be used for solicitation purpose. 16

Raksha is NOT Sampoorna if it is inadequate Are you not putting your family's Lifestyle at risk? Let’s look at some recommended methods to calculate Adequate Cover For internal circulation only and not to be used for solicitation purpose. 17

It is not just the big milestones but the small moments/pals of life that make us realize our responsibilities For internal circulation only and not to be used for solicitation purpose. 18

Rakshakaran at its Supreme Best Launching… UIN No 110N160V01 Another delightful Protection offering from Tata AIA For internal circulation only and not to be used for solicitation purpose. 19

Sampoorna Raksha Supreme Plan Options Life Option Life Plus option Payor Accelerator Benefit- Term Plan with Return of 50% SA paid on terminal Premium (105% of total premium Illness paid excl. loading & discount) Payor Accelerator Multiple PPT/ Term Benefit- 50% SA paid options on terminal Illness Flexible PPT/ Term options Systematic cover (PPT - Regular, 5, 10,12 and increase option (Life SP, PT – 10 to 40 Stage Option) Systematic cover increase option Comprehensive Riders (Life Stage Option) ADB / ATPD / CI / HCB Comprehensive Riders ADB / ATPD / CI / HCB No maturity Benefit For internal circulation only and not to be used for solicitation purpose. 20

Sampoorna Raksha Supreme Plan Options Life Option Life Plus option Payor Accelerator Benefit- Term Plan with Return of 50% SA paid on terminal Premium (105% of total premium Illness paid excl. loading & discount) Payor Accelerator Multiple PPT/ Term Benefit- 50% SA paid options on terminal Illness Flexible PPT/ Term options Systematic cover (PPT - Regular, 5, 10,12 and increase option (Life SP, PT – 10 to 40 Stage Option) Systematic cover increase option Comprehensive Riders (Life Stage Option) ADB / ATPD / CI / HCB Comprehensive Riders ADB / ATPD / CI / HCB No maturity Benefit For internal circulation only and not to be used for solicitation purpose. 21

Life Option How does it Work? Your Customer Death in Nominee will receive Year 4 Age 35 Annual Premium ` lump sum death benefit 100 38 65 35 year old married with dependent `159,600* `2,00,00,000 child(ren) Wants to buy a term plan for the following Year 1 4 reasons Life cover of 2 Crore from day 1 a) The family should not feel the burden of *The premium shown in the example and the illustration above are for healthy Male, standard life exclusive of applicable taxes, cesses & levies. Kindly refer the liabilities in case of untimely death the sales illustration for the exact premium. Rider charges are not taken into account in this illustration. b) Surplus to meet the family’s day to day expenses and financial security for spouse c) Leave a legacy for his loved one For internal circulation only and not to be used for solicitation purpose. 22

Life Option Sample Sales Illustration Age Sum Assured Cover Till age *5 Pay *10 Pay *12 Pay *Regular Pay 35 59,400 33,700 29,700 15,700 79,600 45,100 37,600 21,200 40 1Cr 97,900 54,500 48,200 29,100 107,400 61,000 53,800 28,400 45 75 144,800 82,000 68,400 38,600 35 178,200 99,200 87,800 53,000 40 2 Cr *5 Pay *10 Pay *12 Pay *Regular Pay 45 169,700 86,000 72,600 27,900 183,400 101,500 88,400 38,600 Age Sum Assured Cover Till age 247,500 137,200 120,500 53,800 315,000 159,600 134,800 51,800 35 100 342,000 189,400 164,800 72,000 40 1Cr 463,600 257,000 225,800 100,800 45 35 40 2 Cr 45 *Premium are excl. taxes For internal circulation only and not to be used for solicitation purpose. 23

Life Option Plan at a Glance Premium Paying Term Minimum Maximum Minimum Maximum Minimum Maximum Maximum (PPT) PPT PPT Policy Policy Term Entry Entry Age Maturity Age Term (PT) (PT) Age Limited Pay 5 yrs 80 Regular Pay 10 82 10 82 18 65 100 Yrs Single Pay Single Pay Minimum Basic Sum Assured `50,00,000 #Low Cover is No Cover For internal circulation only and not to be used for solicitation purpose. 24

Death & Maturity Benefit - Life Option Life option is a protection-oriented variant wherein the policyholder chooses the Base SA at the time of purchase subject to underwriting eligibility. Death Benefit In case the life assured dies during the policy term, the stipulated death benefit (based on Effective Sum Assured as applicable on the date of death) less any payout under Payor Accelerated Benefit will be paid out to the nominee and the policy will terminate. In case the life assured survives till maturity, no additional benefit is payable, and the policy terminates. Survival Benefit For internal circulation only and not to be used for solicitation purpose. 25

Sampoorna Raksha Supreme Plan Options Life Option Life Plus option Payor Accelerator Benefit- Term Plan with Return of 50% SA paid on terminal Premium (105% of total premium Illness paid excl. loading & discount) Payor Accelerator Multiple PPT/ Term Benefit- 50% SA paid options on terminal Illness Flexible PPT/ Term options Systematic cover (PPT - Regular, 5, 10,12 and increase option (Life SP, PT – 10 to 40 Stage Option) Systematic cover increase option Comprehensive Riders (Life Stage Option) ADB / ATPD / CI / HCB Comprehensive Riders ADB / ATPD / CI / HCB No maturity Benefit For internal circulation only and not to be used for solicitation purpose. 26

Life Plus Option How does it Work? Your Customer Nominee will receive 35 year old married with dependent ` lump sum death benefit child(ren) The customer recently bought a house on `2,00,00,000 Loan. The loan amount is 2 Crore and the loan tenure is 30 years Age 35 Annual Premium In case 65 He wants to buy a term plan to cover the of 30 loan where he can pay the premium till the 53,800* loan term i.e. for 30 years and the plan term Death in is also 30 years and in case nothing happens Year 4 to him during the policy term, he also wants his premium back 38 Year 1 4 Life cover of 2 Crore from day 1 *The premium shown in the example and the illustration above are for healthy Male, standard life exclusive of applicable taxes, cesses & levies. Kindly refer the sales illustration for the exact premium. Rider charges are not taken into account in this illustration. For internal circulation only and not to be used for solicitation purpose. 27

Life Plus Option How does it Work? Your Customer Base Premium for 30 GST for 30 Yrs Total Premium yrs Paid (incl. GST) 37,511 16,14,000 16,51,511 35 year old married with dependent Age 35 Base Annual Premium Total Maturity Payout child(ren) The customer recently bought a house on 53,800* `16,94,700 Loan. The loan amount is 2 Crore and the loan tenure is 30 years Year 1 1st year GST 2nd year onwards GST 65 He wants to buy a term plan to cover the loan where he can pay the premium till the 2,421 1210 30 loan term i.e. for 30 years and the plan term is also 30 years and in case nothing happens Life cover of 2 Crore from day 1 to him during the policy term, he also wants his premium back *The premium shown in the example and the illustration above are for healthy Male, standard life exclusive of applicable taxes, cesses & levies. Kindly refer the sales illustration for the exact premium. Rider charges are not taken into account in this illustration. For internal circulation only and not to be used for solicitation purpose. 28

Life Plus Option Sample Sales Illustration Age Policy Term SA *5 Pay *10 Pay *Regular Pay *Single Pay 35 74,800 40,700 31,600 343,300 40 1 Crore 107,000 58,200 46,500 491,000 45 166,300 90,400 72,100 763,100 50 280,700 152,600 109,900 1,288,300 35 131,200 71,200 56,000 601,800 40 40 2 Crore 191,400 104,000 83,200 878,000 45 301,600 164,000 128,400 1,384,000 50 503,000 273,400 195,000 2,308,600 35 298,000 162,000 128,500 1,367,500 40 5 Crore 444,000 241,500 191,500 2,038,000 45 722,500 393,000 299,000 3,316,500 50 1,228,000 667,500 459,500 5,634,500 ‘PT – Policy Term, PPT – Premium Payment Term, BSA- Basic Sum Assured, AP – Annual Premium, M-Male and F-Female | * The premium shown in the example and the illustration above are for healthy individuals and standard lives exclusive of applicable taxes, cesses & levies. Kindly refer the sales illustration for the exact premium. Rider charges are not taken into account in this illustration. For internal circulation only and not to be used for solicitation purpose. 29

Life Plus Option Protection + ROP • Return of Premium (105% of total Cover: 1 Cr, 10 Pay Non-ROP ROP % diff premium paid excl. loading & discount) *Premium *Premium 21% Age Cover till • 1GST back 35 75 33,700 40,700 • Add-on benefits 40 80 49,300 58,200 18% • Hospicare 45 85 76,400 90,400 18% • Critical Illness • ADB Pay only 20% more and get premiums + 1GST back • ATPD (applicable in the above scenario) ‘PT – Policy Term, PPT – Premium Payment Term, BSA- Basic Sum Assured, AP – Annual Premium, M-Male and F-Female | * The premium shown in the example and the illustration above are for healthy individuals and standard lives exclusive of applicable taxes, cesses & levies. Kindly refer the sales illustration for the exact premium. Rider charges are not taken into account in this illustration. 1GST Refund is part of the ROP and not over and above the ROP For internal circulation only and not to be used for solicitation purpose. 30

Life Plus Option Plan at a Glance Premium Paying Term (PPT) Minimum Maximum Minimum Maximum Maximum Policy Term Policy Term Entry Age Entry Age Maturity Age (PT) (PT) Single Pay 10 40 (Subject to 18 65 100 Regular Pay (10 to 40 yrs) 10 max maturity age 10 Limited Pay 5 years 15 100) Limited Pay 10 years 15 Limited Pay 12 years For internal circulation only and not to be used for solicitation purpose. 31

Life Plus Option Life option is a protection-oriented variant wherein the policyholder chooses the Base SA at the time of purchase subject to underwriting eligibility. Death Benefit In case the life assured dies during the policy term, the stipulated death benefit(based on Effective Sum Assured as applicable on the date of death) less any payout under Payor Accelerated Benefit will be paid out to the nominee (as per the payout plan chosen) and the policy will terminate. The death benefit shall be based on Effective Sum Assured as applicable on the date of death. Survival Benefit In case the life assured survives till maturity, an amount equal to the 105% of the Total Premiums Paid (excluding loading for modal premiums & discount) towards the benefit option shall be payable at the end of the Policy Term, provided the policy is not terminated earlier “The Effective Sum Assured applicable for computation of Death Benefit For internal circulation only and not to be used for solicitation purpose. 32 would include any additional SA purchased by exercising either the Life Stage or the Top-Up SA option as described along with Base SA.”

Key Benefits Life Life Stage Life Plus Option Option Option ̧ Payor Accelerator Benefit For internal circulation only and not to be used for solicitation purpose. 33

Key Benefits Life Life Stage Life Plus Option Option Option ̧ For internal circulation only and not to be used for solicitation purpose. 34

Life Stage Option Cover and premiums increase in line with responsibilities and affordability *Under LSPO Max SA can be opted including all events is 100% of Base Sum Assured. 1 Cr 25% 25% 100% Coverage amount increases on happening of any New Job Entrants 50% one of the following events ✓ Marriage – 50% of SA ✓ Birth of 1st Child – 25% of SA ✓ Birth of 2nd Child – 25% of SA ✓ Availing Home Loan – 100% of SA subject to disbursal amount (Subject to Underwriting) Just Young Parents Home Loan Married Increased income & responsibilities For internal circulation only and not to be used for solicitation purpose. 35

Life Stage Option – Underwriting Approach • It cannot be availed after age 49 years at login stage • Policy holder cannot exercise Life Stage Plus Option post execution of Terminal illness benefit on the policy • Only Standard lives allowed • Not Available to Housewife profile. • If Life Stage Plus Option is availed at the time of reinstatement it would be subject to underwriting. But once it is already availed; during reinstatement the policy terms & conditions of the additional sum assured would be same as basic sum assured. • At underwriting stage, lower of 50% of Death Benefit or 50L will be considered for underwriting. This SA will be added to base death benefit & medical & financial underwriting will be done on the derived death benefit. • Calculation of MSAR & FSAR will be done as below. 1) With LSPO - Death Benefit + Lower of ( 50% Death Benefit or 50L) 2) Without LSPO - Death Benefit. • If customer comes at a later date to exercise LSPO, cover up to 50L (subject to customer eligibility) can be provided without evaluating for medical or financial documents. • If customer wants to opt SA more than 50L (subject to customer eligibility) at a later date upon occurrence of any event, then the max allowed SA will be 100% of Base Sum Assured & it will be evaluated medically & financially. For internal circulation only and not to be used for solicitation purpose. 36

Life Stage Option – Examples Customer applied for base cover 50L where Customer applied for base cover SA 50L Customer applied for base cover 5 Cr where SA= SA= Death benefit (DB) wherein Death benefit (DB) is 60L Death benefit (DB) Product SAR at underwriting. Product SAR at underwriting. Product SAR at underwriting. Medical sum at risk (MSAR) = 50L + Lower of Medical sum at risk (MSAR) = 60L + Lower of Medical sum at risk (MSAR) = 5Cr + Lower of ( 50% of ( 50% of 50L or 50L) = 50L+25L = 75L ( 50% of 60L or 50L) = 60L+30L = 90L 5Cr or 50L) = 5Cr+ 50L= 5.5Cr Financial sum at risk (FSAR) = 50L + Lower of Financial sum at risk (FSAR) = 60L + Lower of ( Financial sum at risk (FSAR) = 5Cr + Lower of ( 50% of ( 50% of 50L or 50L) = 50L+25L = 75L 50% of 60L or 50L) = 60L+30L = 90L 5Cr or 50L) = 5Cr+ 50L= 5.5Cr In above scenario since the policy has been In above scenario since the policy has been In above scenario since the policy has been already already underwritten for 75L i.e. 25L already underwritten for 90L i.e. 30L underwritten for 5.5Cr i.e. 50L additional amount, additional amount, customer need not additional amount, customer need not customer need not provide any financial document provide any financial document or undergo provide any financial document or undergo or undergo medicals at the time of exercising LSPO medicals at the time of exercising LSPO for medicals at the time of exercising LSPO for for DB upto 50L. DB upto 25L. DB upto 30L. Max customer can opt for in this policy is 100% of Max customer can opt for in this policy is Max customer can opt for in this policy is Base Sum Assured i.e. 5Cr additional cover. This 100% of Base Sum Assured i.e. 50L 100% of Base Sum Assured i.e. 50L additional exceeds the 50L amount for which the policy was additional cover. This exceeds the 25L cover. This exceeds the 30L amount for underwritten hence additional medicals/financials amount for which the policy was which the policy was underwritten hence will be called considering cumulative MSAR/FSAR. underwritten hence additional additional medicals/financials will be called Grid applicable will be based on the underwriting medicals/financials will be called considering considering cumulative MSAR/FSAR. Grid guidelines available at that point. Policy may be cumulative MSAR/FSAR. Grid applicable will applicable will be based on the underwriting referred to reinsurer for decision if the Death benefit be based on the underwriting guidelines guidelines available at that point. exceeds Auto-acceptance limit at the time of available at that point. underwriting. For internal circulation only and not to be used for solicitation purpose. 37

Life Stage Option Key Benefits Under Life Stage option, the policyholder can increase the coverage amount on happening of any one of the following events and the option to increase the SA is exercised within 180 days of the happening/incidence of the following event(s): Event Additional Sum Assured The Additional SA can only be taken in the form of as % of Base SA (up to) 4 tranches as mentioned in the table. An addition premium will be will charged for each tranche. Marriage (One Marriage 50% Only) The premium amount for the Base SA remains unaltered. Any increase in the SA shall be effective from the policy Birth/Adoption of 1st Child 25% anniversary succeeding the option exercise date. Birth/Adoption of 2nd Child 25% The additional premium payable shall be calculated as: Home Loan disbursal 100%, subject to home (Premium Rate for Aggregate SA/1000) * Additional SA * Modal Loading loan amount sanctioned as applicable Where, premium rates are per 1000 Sum Assured (subject to underwriting) For internal circulation only and not to be used for solicitation purpose. 38

Life Stage Option Key Benefits For each tranche, the additional premium will be determined using additional SA and the premium rate which will be derived basis the following: • Attained age as of the policy anniversary succeeding the option exercise date. • Outstanding policy term (in complete months) as of the policy anniversary succeeding the option exercise date, subject to the minimum policy term stipulated in the product. • Outstanding premium paying term (in complete months) as of the policy anniversary succeeding the option exercise date, subject to the minimum premium paying term stipulated in the product. • Aggregate sum assured (up to and including the additional sum assured requested) opted for under the contract. • Underwriting classification as applicable on the option exercise date. ✓ The policyholder will have an option to surrender the additional sum assured tranches after payment of premiums for first five completed policy years. ✓ The tranches shall be terminated after payment of any applicable value on surrender. ✓ The tranches will be surrendered in reverse order to which they were availed, i.e., the latest tranche will be surrendered first, followed by the penultimate tranche, and so on. This shall be allowed till all incremental tranches are removed. Once reduced, the premium or sum assured cannot be subsequently increased. ✓ The policy shall continue with the Effective Sum Assured as applicable at the time of termination for rest of the policy term. For internal circulation only and not to be used for solicitation purpose. 39

Life Stage Option How does it Work? Your Customer 2 Crore 2.5 Crore Death in On LA’s death, the 15th increased Sum 35 year old married with dependent Sum Assured Year Assured is child(ren) Increased due to child payable to the The customer wants to buy a term plan birth (25% Increase) nominee and the with a provision for increasing the cover policy terminates when responsibilities increase. The customer opts for Sampoorna Raksha Age 35 40 45 49 50 75 Supreme with Life Stage Option Year 1 40 5 10 15 16 Base Life cover of 2 Crore from day 1 ‘PT – Policy Term, PPT – Premium Payment Term, BSA- Basic Sum Assured, AP – Annual Premium, M-Male and F-Female | * The premium shown in the example and the illustration above are for healthy individuals and standard lives exclusive of applicable taxes, cesses & levies. Kindly refer the sales illustration for the exact premium. Rider charges are not taken into account in this illustration. For internal circulation only and not to be used for solicitation purpose. 40

Key Benefits Life ̧ Payor Life Plus Option Accelerator Option Benefit For internal circulation only and not to be used for solicitation purpose. 41

Payor Accelerator Benefit or Terminal Illness Benefit Key Benefits The plan offers an in-built Payout Accelerator Benefit which accelerates the death benefit payable in case of Life assured is diagnosed with a Terminal Illness. 50% of the Basic Sum Assured is paid out on diagnosis of Terminal Illness and benefit as defined will be paid to the nominee in case of death within policy term, provided the policy is in force. Conditions: ▪ This is an accelerated benefit - On payment of this benefit, the death benefit under the Policy is automatically reduced by the amount paid under this benefit. ▪ The Policyholder will continue to pay the original premiums as and when due under the Policy even after terminal illness claim is admitted. ▪ Payout Accelerator benefit is not available on Additional Sum Assured increased thru Life Stage Option. ▪ If the Death doesn’t occur within the six-month period, the death benefit will be paid on actual Death if occurred within the Policy Term provided the Policy is in force. For internal circulation only and not to be used for solicitation purpose. 42

Payor Accelerator Benefit or Terminal Illness Benefit How does it Work? Your Customer Annual Premium Terminal Payout Accelerator : Illness ₹1,00,00,000 paid on `61,000* diagnosis of Terminal Illness diagnosed 35 year old married with Age 35 40 in the 10th On death following Terminal 75 dependent child(ren) policy year Illness during the Term of the 40 The customer is aware of the fact policy ₹1,00,00,000 is payable that medical cost to treat 45 46 terminal illness is exorbitant The customer opts for Year 1 5 10 11 Sampoorna Raksha Supreme Life cover of 2 Crore from day 1 which has an inbuilt Payor Accelerator Benefit that provides Total Benefit Received ₹2,00,00,000 50% of the Basic Sum Assured on diagnosis of Terminal Illness ‘PT – Policy Term, PPT – Premium Payment Term, BSA- Basic Sum Assured, AP – Annual Premium, M-Male and F-Female | * The premium shown in the example and the illustration above are for healthy individuals and standard lives exclusive of applicable taxes, cesses & levies. Kindly refer the sales illustration for the exact premium. Rider charges are not taken into account in this illustration. For internal circulation only and not to be used for solicitation purpose. 43

Competition Benchmarking For internal circulation only and not to be used for solicitation purpose. 44

Feature competitiveness Life Option Life Plus option Feature Talic SRS Comp H Comp M Comp I Feature Talic SRS Comp H Comp M Comp I Life Cover       Inbuilt Terminal illness  X X  Life Cover  X X Life Stage cover  X   X  Riders – ADB, CI     Inbuilt Terminal illness  X X Rider - ATPD    X   Rider - HospiCare  X X X Life Stage cover    Not Available X X 105% ROP  Riders – ADB, CI  Rider - ATPD  Rider - HospiCare  For internal circulation only and not to be used for solicitation purpose. 45

Premium competitiveness Cover up to: 75, SA: 1 Cr, Premium is excl. taxes, Life Option Age PPT Tata AIA (SRS) Comp H Comp I Comp M Comp A 35 59,400 63,401 85,546 70792 65000 88980 81300 40 5 Pay 79,600 87,168 104,000 111777 100000 45 97,900 101,025 123,533 36675 35000 46476 42300 35 33,700 35,548 43,562 59187 50700 30300 40 10 Pay 45,100 48,874 52,876 - 36400 - 44000 45 54,500 57,819 69,264 - 15100 19400 35 29,700 30,970 - 16134 25400 40 12 Pay 37,600 42,579 - 21953 30715 45 48,200 50,758 - 35 15,700 15,997 19,636 40 Regular Pay 21,200 23,048 24,998 45 29,100 30,916 32,385 For internal circulation only and not to be used for solicitation purpose. 46

Training Deck Cover for Life + Hospital Cash Benefit PPT / PT Cover Amount Age 30 Age 40 Base Plan Hospicash 10 pay | till age 75 1 Crore 26,900 45,100 10 Lakhs +8% +6% ▪ Pay only 6% to 8% extra and Get Insurer Hospicare Tata AIA rider • Rs 5,000 Per day on *hospitalization | Max 30 days a year Comp H Comp I X • Rs 5000 per day on *ICU benefit (additional) | Max 15 days a year Comp M X X • Rs 15,000 per day on *Recuperation benefit | Max once a year ▪ Lumpsum Payout in addition to medi-claim payout, if any ▪ Covers *hospitalization due to COVID *Conditions Apply For internal circulation only and not to be used foFrosroilnicteitrantiaolncpirucruplaotsieo.n on4ly7

Training Deck Riders For internal circulation only and not to be used for solicitation purpose. For internal circulation only

Riders HospiCare CritiCare Plus Benefit Benefit (Covering 40 Illnesses) Accidental Death Benefit (ADB] Accidental Total and Permanent Disability Benefit (ATPD) Disclaimer: There is no overlap of benefits offered under different riders and rider benefits shall be payable separately in addition to base plan benefits. For internal circulation only and not to be used for solicitation purpose. 49

Accidental Death Benefit Rider UIN: 110B033V02 *Lumpsum payout to nominee in case of accidental death. *Double benefit amount payable in specified circumstances. e.g.., Death occurs in public transport; the nominee gets the Base Plan Sum Assured Plus 2X the Rider Sum Assured. Minimum Sum Assured is `1,00,000 and Maximum Sum Assured is `2 Crore (subject to Base Plan Sum Assured and underwriting guidelines). Coverage till age 85 years. Coverage till age 85 years. Tax Benefit under Sec 80C and 10 (10D) and as per the present Income Tax Laws as amended from time to time.̧ *Conditions Apply For internal circulation only and not to be used for solicitation purpose. 50