If the policyholder is not satisfied with the features of the Tata AIA Life Insurance Value Income Plan, then the policyholder can cancel the policy by proving the written statement to the company.
The policyholder will get a refund of the premium after deducting the charges.
The free look period is 15 days from the date of receipt of the policy document if the policy is purchased directly. It will be extended up to 30 days if the policy is purchased through electronic or distance mode.
But the Max life secure plus plan offers an array of optional benefits such as;
• Joint life cover
• Premium breaks
• Additional pay-out on accidental death
There are also many more options to choose from to customise your term plan.