Protect Your Dreams with guaranteed returns on investment
Protect Your Dreams with guaranteed returns on investment

This is a Non-Linked, Non-Participating, Individual Life Insurance Savings Plan. A limited pay income plan that meets tomorrow's requirements along with protecting your loved ones and dreams as it ensures you of Guaranteed Returns1 for the money invested. This plan not only offers Guaranteed Lump Sum benefit on Maturity1 but also gives Guaranteed Income1 during the income term that increases every year.

Vision Endowment Plan

Vision Endowment Plan

Endowment plans with reversionary bonus is the largest selling traditional life insurance product in market.

Attractively priced and affordable for the Mass Retail | Mass Affluent | Emerging Affluent Segment, who prefer saving to pure protection.

Key Features

  • Pay for 5/12 years for Policy Term of 12/15 years
  • Choose your Guaranteed Income1 for 10 or 15 years
  • Get Guaranteed Maturity Benefit1 at the end of Policy Term
  • Receive Guaranteed Income1 starting @ 12% of the Basic Sum Assured
  • Enjoy increasing income with Income Boosters2 of 5% to 10% on Guaranteed Income1
    • Get higher Guaranteed Income1 with higher annual premium payment
  • Receive tax benefits, as per the applicable Income Tax laws3

On death of the Life Assured during the policy term, provided the Policy is in force and all due premiums have been paid, the Sum Assured on Death as defined below shall be payable.

The ‘Sum Assured on Death’ shall be the highest of the following:

    1. Eleven (11) times of Annualized Premium
    2. 105% of the Total Premiums paid up to the date of death
    3. Guaranteed Sum Assured on Maturity
    4. Absolute amount assured to be paid on death.


“Annualized premium” shall be the premium amount payable in a year chosen by the Policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.

"Total Premiums paid " means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

“Guaranteed Sum Assured on Maturity” shall be equal to 100% of the Basic Sum Assured plus the commuted value of all future Guaranteed Income payable during the Income Term, discounted at 7.5% p.a.

Absolute amount assured to be paid on death is the “Basic Sum Assured”. “Basic Sum Assured” shall be equal to the Annualised Premium x Basic Sum Assured Multiple.

The Policy will terminate upon the death of the Insured and no other benefit under the Policy shall be payable.

Post Maturity, on the death of Life Insured the outstanding income payments as scheduled, shall be made to the nominee/legal heir(s) of the Life Insured.

Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere on this site. Please consult your own tax consultant to know the tax benefits available to you.

If you are not satisfied with the terms & conditions/ features of the policy, you have the right to cancel the policy by giving written notice to Tata AIA Life stating objections/reasons and receive all the premiums paid without interest after deducting (a) proportionate risk premium for the period of cover (b) medical examination costs, if any and (c) stamp duty, along with applicable taxes, cesses and levies which have been incurred for issuing the policy. Such notice should be signed by the policyholder and received directly by Tata AIA Life within 15 days after the policyholder receives the policy document. The said period of 15 days shall stand extended to 30 days, if the policy is sourced through distance marketing, electronic mode or email; which includes solicitation through any means of communication other than in person

In case of death due to suicide within 12 months from the date of commencement of risk under the policy or from the date of revival of policy, as applicable, the nominee or beneficiary of the policyholder shall be entitled to at least 80% of the total premiums paid till the date of death or the surrender value available as on the date of death whichever is higher, provided the policy is in force.

On Maturity of the policy, provided the policy is in force and all due premiums have been paid, 100% of the Basic Sum Assured will be paid as lump sum, additionally a Guaranteed Income of 12% of Basic Sum Assured, shall commence from the end of the year following Maturity, which increases annually (compounding increase) by an Income Booster.

  • For 5 Pay - 6 years
  • For 12 Pay - 3 years
  • For 5 Pay – 77 years
  • For 12 Pay – 70 years
  • Policy Term: 12 Years | Premium Payment Term: 5 Years
  • Policy Term: 15 Years | Premium Payment Term: 12 Years

Limited Pay – 5 / 12 years

Annual/ Half-yearly/ Quarterly/ Monthly

  • For 5 Pay: Rs.50,000 p.a.
  • For 12 Pay: Rs.36,000 p.a.

* All reference to age is as on last birthday

Click here for the Product Brochure.

Click here for Product specific disclaimers.


  • Enjoy up to Rs2,500 Bonus Reward Points* on your first spend with the Citibank Rewards Card.
  • IndianOil Citibank Platinum Credit Card.


Insurance products are obligations only of the Insurance company. They are not bank deposits or obligations of or guaranteed by Citibank N.A, Citigroup Inc or any of its affiliates or subsidiaries or any Governmental agency. All claims under the policy will be solely decided upon by the Insurance Company. Citibank, Citigroup or any of their affiliates and group entities hold no warranty and do not make any representation about the insurance, the quality of claims processing and shall not be responsible for claims, recovery of claims, or for processing of or clearing of claims, in any manner whatsoever. This document does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a document or make such an offer or solicitation. Investment products are not available to US persons and may not be available in all jurisdictions.

Participation by the bank's customers in an insurance product is purely on a voluntary basis.

*IRS Circular 230 Disclosure: Citigroup, Inc., its affiliates, and its employees are not in the business of providing tax or legal advice to any taxpayer outside of Citigroup, Inc. and its affiliates. This document is not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties. Tax benefits are subject to changes in the tax laws. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Citibank N.A. is a registered Corporate Agent of Tata AIA Life Insurance Company Limited, New India Assurance Company Limited, Royal Sundaram General Insurance Co. Limited, Bajaj Allianz General Insurance Company Limited, HDFC ERGO General Insurance Company Ltd and Aditya Birla Health Insurance Co. Limited under the composite license number CA0086 issued by IRDAI.

Life Insurance Policies: These policies are underwritten by Tata AIA Life Insurance Co. Limited (IRDAI Registration No. 110) CIN: U66010MH2000PLC128403 with its registered office at 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai 400013.

All guaranteed benefits are payable only when all premiums are paid when due.

Investment risk in the investment portfolio is borne by the Policy Holder. The premium paid in Unit Linked Life Insurance policies are subject to investment risks associate with capital markets and the NAVs of the units may go up or down based on the performance of the fund and factors influencing the capital market and the insured is responsible for his or her decision. Tata AIA Life is only the name of the Insurance Company and the funds offered are only the names of the funds and does not in any way indicate the quality of the contract, its future prospects or returns.

Non-life Insurance Policies: Policies are underwritten by New India Assurance Company Limited (IRDAI Registration No. 190) CIN: U99999MH1919GOI000526 with its registered office at No.87, Mahatma Gandhi Road, Fort, Mumbai - 400 001, by Royal Sundaram General Insurance Co. Limited (IRDAI Registration No. 102) CIN:U67200TN2000PLC045611 with its registered office at No. 21,Patullos Road, Chennai 600 002 or by Bajaj Allianz General Insurance Company Limited (IRDAI Registration No. 113) CIN: U66010PN2000PLC015329 with its registered office at Bajaj Allianz House, Airport Road, Yerawada, Pune 411 006

Specialist Health Insurance Policies: These policies are underwritten by Aditya Birla Health Insurance Co. Limited (IRDAI Registration No. 153) CIN: U66000MH2015PLC263677 with its registered office at 9th Floor, One World Centre, Tower 1, Jupiter Mills Compound, S.B. Marg, Elphinstone Road, Mumbai 400 013 or by HDFC ERGO General Insurance Company Ltd (IRDAI Registration No. 146) CIN: U66030MH2007PLC177117 with its registered office at 1st Floor, HDFC House, 165-166 Backbay Reclamation, H. T. Parekh Marg, Churchgate, Mumbai – 400 020

For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding the sale.

For any queries with respect to your Insurance Policies bought through Citibank N.A., kindly contact 24 x 7 CitiPhone, The updated numbers are available on www.citibank.co.in

  1. 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 or continuing a Policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectus or tables of the Insurer.
  2. Any person making default in complying with the provisions of this section shall be liable for penalty which may extend to ten lakh rupees.