For complete details please contact our Insurance advisor or visit Tata AIA Lifes nearest branch office

or call 1-860-2669966 (facility available from all mobile and landlines wherein local charges would apply) or write to us at customercare@tataaia.com. Visit us at: www.tataaia.com or SMS 'LIFE to 58888

Unique Reference No.: L&C/Advt/2012/Jun/185

UIN: 110L099V01

PRBR00764/NL

 Provide a dual benefit i.e. pay death benefit to the nominee in case of death of Insured and policy benefits

Tata AIA Life Insurance Gyan Kosh

A treasure chest that ensures fulfillment of your dreams

will continue Waive all future regular premiums in case of death or total permanent disability of the Insured
Options to choose any one of the following waiver of

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER

premium (WoP) benefits Family Guard3 - Get 100% of the future premiums paid into your policy as if the policy is on monthly mode, (OR) Family Advantage4 - Get 50% of future premiums paid into your policy as if the policy is on monthly mode and 50% as cash payouts to the Policyholder/nominee that acts as a supplementary income to the family.
In addition, the Security Net option provides your family
1

Knowledge is treasure. One of our most important responsibilities as a parent is to empower our children with the best possible education that will give them a head-start in life. Our dreams for our children don't just include education; they extend to other milestones in their lives like marriage or even setting up a business. One needs an investment avenue that takes care of their educational expenses and other financial responsibilities towards our loved ones. One also needs a plan that ensures that in the unfortunate event of the death or disability of Life Insured, the journey of the loved ones towards success and happiness is not hampered by any financial constraints. Presenting, Tata AIA Life Insurance Gyan Kosh, a nonparticipating regular premium unit linked endowment insurance plan with in-built benefits that ensures your savings for your child and all your near and dear ones continue to be protected even in case of unfortunate events. This plan has two options to choose from: Security Net - in which future premiums are waived and a readjustment income, in the form of Family Income Benefit is provided to your family and Safety Net - in which future premiums are waived. These benefits are applicable in case of unfortunate demise as well as total permanent disability of the life assured. Invest in Tata AIA Life Insurance Gyan Kosh today and cement your near and dear one's journey to success. Key features
Two protection options to choose from

with a readjustment income of 1% of Basic Sum Assured for 100 months or till end of policy term, whichever is earlier, on death or total permanent disability5
Guaranteed Maturity Addition paid on maturity
6

Choice of 7 investment funds and 2 portfolio strategies 3 riders for 'added protection

Eligibility Criterion Entry Age Maximum Maturity Age Policy Term Premium Paying Term Minimum Premium 18 years to 50 years 65 years 15 to 25 years Same as policy term Security Net Option1 `30,000 p.a. for Annual Mode `36,000 p.a. for Other Modes Safety Net Option2 `20,000 p.a. for Annual Mode `24,000 p.a. for Other Modes Minimum Sum Assured for Insured's Age < 45 years : Higher of (10*Annualised Premium or 0.5*Policy Term* Annualised Premium) for Insured Age>= 45 years : Higher of ( 7* Annualised Premium or 0.25*Policy Term* Annualised Premium) Maximum Sum Assured Policy Term* Annualised Premium 3

Security Net1: with inbuilt Waiver of Premium and Family Income Benefit Safety Net2: with inbuilt Waiver of Premium Benefit
In both the options, we will

I. What are the Benefits available under this plan? This non-participating unit linked endowment insurance plan offers the following benefits: Protection Benefit Options available
$

$ This chart provides an overview of the benefits offered. Please read the sections Death Benefit, Disability Benefit and Maturity Benefit below, carefully for further details # Please refer to point (a) under Security Net1 and Safety Net2 below for details. $$ Total Fund Value is equal to the value of the Regular Premium Fund and the value of the Top-Up Premium Fund (if any) valued at applicable unit price.

Security Net1 (Inbuilt Waiver of Premium and Family Income Benefit)

On Death

On Total Permanent Disability

The benefit options available - Security Net / Safety Net and further Family Guard / Family Advantage are to be chosen at policy inception and cannot be changed during the policy term. Death Benefit

Sum Assured Paid# Plus All Future Premiums Waived and Policy Benefits Continue Options available: Family Guard3 - 100% of future regular premiums paid into the policy OR Family Advantage4- 50% of future regular premiums paid into the policy & 50% paid to the Policyholder /nominee Plus 1% of the Basic Sum Assured paid every month for the next 100 months or till the end of policy term, whichever is earlier5 Plus Total Fund Value$$ paid to the Policyholder/nominee on Maturity

In case of your unfortunate demise while the policy is in force, basis the option you have chosen, we will:
1 Security Net - Inbuilt Waiver of Premium Benefit (WoP) + Family Income Benefit (FIB)

a) Pay to the nominee the Higher of (Basic Sum Assured or 105% of the Total Regular Premiums paid). In addition, we will pay higher of (Approved Top-Up Sum Assured(s) or 105% of the Total Top-Up Premiums paid), if applicable b) Depending on the Waiver of Premium (WoP) Benefit selected3 Family Guard: We will continue your policy benefits by paying 100% of the future Regular Premiums in to your policy as if, the policy is on monthly mode up to the policy term.

OR
4 Family Advantage: We continue your policy benefits by paying 50% of the future Regular Premiums in to your policy as if the policy is on monthly mode. The remaining 50% is paid to the nominee as cash payouts, as if the policy is on monthly mode up to the policy term

OR
Safety Net2 (Inbuilt Waiver of Premium Benefit) c) On Death Sum Assured Paid# Plus All Future Premiums Waived and Policy Benefits Continue Options available: Family Guard3 - 100% of future regular premiums paid into the policy OR Family Advantage4 - 50% of future regular premiums paid into the policy & 50% paid to the Policyholder/ nominee Plus Total Fund Value$$ paid to the Policyholder/ nominee on Maturity 4 On Total Permanent Disability

Additionally, under the Family Income Benefit, we will pay 1% of the Basic Sum Assured to the nominee every month for the next 100 months or till the end of policy term, whichever is earlier.

d) During the period while the regular premiums are waived under this benefit, all policy charges (except for Mortality charge, Waiver of Premium charge and Family Income Benefit Charge) will be deducted as due e) All Rider Coverage mentioned under 'Attachable Riders' (if chosen) will terminate. f) On completion of the policy term, Maturity Benefit will be paid to the nominee.

g) No changes in investment related options such as fund switching, premium redirection, partial withdrawal, complete withdrawal etc. under or in relation to the policy will be permitted after the death of the Insured.

Safety Net - Inbuilt Waiver of Premium Benefit (WoP)

a) Pay to the nominee the Higher of (Basic Sum Assured or 105% of the Total Regular Premiums paid). In addition, we will pay higher of (Approved Top-Up Sum Assured(s) or 105% of the Total Top-Up Premiums paid), if applicable. b) Depending on the Waiver of Premium Benefit (WoP) selected3 Family Guard: We will continue your policy benefits by paying 100% of the future Regular Premiums in to your policy as if the policy is on monthly mode.

c) During the period while the Regular Premiums are waived under this benefit, all policy charges (including Mortality charge but excluding Waiver of Premium charge and Family Income Benefit Charge) will be deducted as due d) All Rider Coverage mentioned under 'Attachable Riders' (if chosen) will terminate. However, the riders can be reinstated if the Waiver of Premium benefit/ Family Income Benefit is stopped. (i.e. only after the Insured does not remain disabled.) e) In case of survival till the end of the policy term, Maturity Benefit will be paid to you. In case of your unfortunate demise before the policy term, the death benefit provisions would apply. f) Apart from fund switching, premium redirection, partial withdrawals and complete withdrawal, no changes under or in relation to the policy will be permitted during the period that Regular Premiums are waived.

OR Family Advantage: We continue your policy benefits by paying 50% of the future Regular Premiums in to your policy as if the policy is on monthly mode. The remaining 50% is paid to the nominee as if the policy is on monthly mode up to the policy term. c) During the period while the Regular Premiums are waived under this benefit, all policy charges (except for Mortality charge and Waiver of Premium charge) will be deducted as due d) All Rider Coverage mentioned under 'Attachable Riders' (if chosen) will terminate. e) On completion of the policy term, Maturity Benefit will be paid to the nominee. f) No changes in investment related options such as fund switching, premium redirection, partial withdrawal, complete withdrawal etc under or in relation to the policy will be permitted after the death of the Insured.
4

Safety Net - Inbuilt Waiver of Premium (WoP)

a) Depending on the Waiver of Premium (WoP) Benefit selectedFamily Guard: We continue your policy benefits by paying 100% of the future Regular Premiums into your policy as if the policy is on monthly mode. OR
4 Family Advantage: We continue your policy benefits by paying 50% of the future Regular Premiums into your policy as if the policy is on monthly mode. The remaining 50% is paid to you as if the policy is on monthly mode up to the policy term. 3

Disability Benefit In case of your total permanent disability while the policy is in force, basis the option you have chosen we will pay: Security Net - Inbuilt Waiver of Premium Benefit (WoP) + Family Income Benefit (FIB) a) Depending on the Waiver of Premium Benefit (WoP) selected3 Family Guard: We continue your policy benefits by paying 100% of the future Regular Premiums into your policy as if the policy is on monthly mode up to the policy term. 1

b) During the period while the Regular Premiums are waived under this benefit, all policy charges (including Mortality charge but excluding Waiver of Premium charge) will be deducted as due c) All Rider Coverage mentioned under 'Attachable Riders' (if chosen) will terminate. However, the riders can be reinstated if the Waiver of Premium benefit is stopped. (i.e. only after the Insured does not remain disabled.) d) In case of survival till the end of the policy term, Maturity Benefit will be paid to you. In case of your unfortunate demise before the policy term, the death benefit provisions would apply. e) Apart from fund switching, premium redirection, partial withdrawals and complete withdrawal, no changes under or in relation to the policy will be permitted during the period that Regular Premiums are waived. Maturity Benefit On survival to the end of the policy term, you will receive the Total Fund Value, which is equal to the value of the Regular Premium Fund and the value of the Top-Up Premium Fund (if 7

OR
4 Family Advantage: We continue your policy benefits by paying 50% of the future Regular Premiums into your policy as if the policy is on monthly mode. The remaining 50% is paid to you as cash payouts, as if the policy is on monthly mode up to the policy term

b)

Additionally, under the Family Income Benefit, we will pay 1% of the Basic Sum Assured to the Policyholder every month for the next 100 months or till the end of policy term, whichever is earlier. 6

any) valued at applicable unit price, plus Guaranteed Maturity Addition6 (if applicable).
6

Guaranteed Maturity Addition

Guaranteed Maturity Addition will be paid as a % of the Regular Premium Fund Value as on the date of maturity as per the table below: Policy Term 15 to 19 years 20 years and above Guaranteed Maturity Addition 1.50% 3.00%

shall be borne by the Policyholder. Tata AIA Life Insurance Company Limited reserves the right to recover from the Policyholder, any levies and duties (including service tax), as imposed by the government from time to time. Kindly refer to sales illustration for exact premium. II. What Flexibilities does my Policy have^? This is a regular pay policy and it is in your best interest to stay invested for the entire term. This will enable you to not only follow a disciplined savings approach, but also, enjoy all the special benefits offered under the innovative product. However, for contingency needs during the term of the policy, you may avail of the partial withdrawal option. Flexibility of Partial Withdrawals: In case you need money for any emergency or otherwise, this plan offers you an option to withdraw from your fund. The withdrawals from regular premium fund are allowed after five anniversaries from the date of issuance of your policy, provided policy is in force. Minimum partial withdrawal is `5,000 subject to Total Fund Value post such withdrawal is not less than an amount equivalent to one year's Annualised Regular Premium. Partial Withdrawals should be made first from the Top-Up Premium Fund and then from the Regular Premium Fund, if amount in the Top-Up Premium Fund is insufficient. Maximum of four (4) partial withdrawals are allowed in a Non Guaranteed Benefits

Guaranteed Maturity Addition will be paid subject to all due premiums paid and Waiver of Premium / Family Income Benefit not being triggered anytime during the policy term. Guaranteed Maturity addition will not be payable on the death of the Insured or total permanent disability or lapse or complete withdrawal of the policy or on the Top-Up Premium Fund Value under the policy (if applicable). Your Benefit Illustration# The table below gives the Maturity Benefit for a Healthy Person aged 35 years Fund Allocation: 50% in Large Cap Equity Fund and 50% in Whole Life Mid Cap Equity Fund Annualised Regular Premium: `1,00,000 Mode of payment: Annual

Benefit Policy Term$ Annual Regular Premium (`) 1,00,000 1,00,000 1,00,000 1,00,000 Premium Multiple Chosen 10 12.5 10 12.5

Guaranteed Benefits Basic Sum Assured (`) 10,00,000 12,50,000 10,00,000 12,50,000

Higher Rate Illustration (10%) Maturity Benefit# (`) 28,58,863 76,41,301 29,05,022 79,13,958 Net Yield** @ 10% 8.38% 8.60% 8.38% 8.60%

Lower Rate Illustration (6%) Maturity Benefit# (`) 20,26,429 40,75,169 20,59,663 42,43,742

Security Net Safety Net

#

15 25 15 25

Some benefits are Guaranteed and some benefits are NonGuaranteed with returns based on the future performance of your Insurer carrying on life insurance business. Computation of Maturity Benefit excludes service tax. For benefit values, net of service tax, please refer to the Sales Illustration.
$

policy year. There are no charges on partial withdrawals. Partial withdrawal from the Top-Up Premium Fund can be allowed only after 5 policy years from the date of acceptance of each such Top-Up Premium. Partial withdrawal will not be allowed post Insured's death. Partial Withdrawals are allowed in case of Total Permanent Disability of the Insured. The Company may alter the partial withdrawal rules, on prior approval from the Insurance Regulatory and Development Authority. Flexibility to Increase/ Decrease the Sum Assured You have the flexibility to pay additional premium as Top-Up Premium at any time , provided the policy is in force, except 9

Premium paying term is same as policy term.

Computation of the net yield excludes mortality charges, inbuilt benefit charges and service tax on charges as applicable. Service tax is applicable as per governing laws and the same 8

**

during the last five years of the policy term. You can Top-Up your policy up to four times in a policy year. The minimum Top-Up amount is `5,000. Acceptance of Top-Up Premium is subject to prevailing underwriting rules. Top-Up Premiums will not be allowed during disability benefit period and post the death of the Insured. Every Top-Up Premium will have a Lock-in period of five years from the date of acceptance of such Top-Up premiums. You shall be given an additional Sum Assured for every TopUp Premium paid. You can choose a multiple equal to 1.25/ 2.5/ 5/ 10 times Single Top-Up Premium if you are below 45 years of age and 1.1/2.5/5/ 10 times Single Top-Up Premium if your age is 45 years and above, subject to underwriting. Top-Up premiums are subject to charges as described under "What are my Premium and Policy Charges?". You also have an option to increase or decrease the Basic Sum Assured and Top-Up Sum Assured by way of changing the premium multiple and Top-Up premium multiple respectively, subject to underwriting and the minimum basic Sum Assured/Top-Up Sum Assured allowed under this product as per ULIP guidelines respectively. Increase/decrease in Basic Premium is not allowed. Change in Sum Assured / Top-Up Sum Assured is not allowed during disability benefit period. Flexibility of Premium Mode You may choose to pay your premiums7 Annually, Semiannually, Quarterly or even Monthly as per your convenience.
7 Monthly Premium = 0.0833 of Annual Regular Premium, Quarterly Premium = 0.25 of Annual Regular Premium, Semi-annual Premium = 0.50 of Annual Regular Premium subject to minimum premium conditions for each mode

Tata AIA Life Critical Illness (Lump sum Benefit) Rider (UIN: 110C012V01) In case you are diagnosed with a critical illness, or need surgery, this benefit provides you with a lump sum amount. The benefit covers cancer, stroke, heart attack, coronary bypass graft surgery, kidney failure and major organ transplants. For this benefit to be payable, the Insured needs to survive for a period of at least 30 days post the operation/ diagnosis of critical illness. There is a waiting period of 180 days from the date of issue of the rider, after which the cover gets activated. While this benefit ceases after you make one claim, your basic policy will be kept in force, provided you continue to pay the basic premiums. In case of death or total permanent disability of the Life Insured, all the attachable riders as listed above will be terminated without any value.
8 Riders are not mandatory and are available for a nominal extra cost. For more details on the benefits, nature of illnesses covered, premiums and exclusions under these riders, please contact our Insurance advisor or visit our nearest branch office.

Settlement Option Provided Policyholder is alive on the maturity date, he/she has an option to receive the maturity amount either in lump sum or in instalments over a period of time. This period, termed as Settlement Period, may be extended up to a maximum of five years from the date of maturity. The frequency of the instalments will be chosen by you at the time of maturity while exercising this option. The value of such periodical payments will depend on the performance of the funds selected for investment. Switching and partial withdrawals (other than the aforesaid periodical payments) are not available during the Settlement Period. At any time during the Settlement Period, you have the option to withdraw the Total Fund Value. During Settlement Period, no life cover or other insurance cover will be provided. In the unfortunate event of death, the Total Fund Value at the time of death will be returned to the nominee. During this period, Fund Management Charges and Policy Administration Charge will be deducted as shown under "What are my Premium and Policy Charges?" During Settlement Period, the inherent investment risk will be borne by the Policyholder. ^Conditions apply. Please contact our Insurance Advisor or visit our nearest branch office for further details Policyholder investment during Settlement Period is no longer considered a maturity benefit. III. Where is my money invested? This product offers you the flexibility to invest in a manner that suits your investment risk profile and individual needs. a) You can choose from the 7 investment fund options 11

Flexibility of Additional Coverage8 Tata AIA Life Accidental Death Benefit (ADB) Rider (UIN: 110C003V01) This Rider provides for an additional benefit amount up to the Basic Sum Assured purchased, subject to underwriting rules, in case of death due to an accident. Tata AIA Life Accidental Death and Dismemberment (Long Scale) (ADDL) Rider (UIN: 110C004V01) This coverage includes an accidental death benefit up to the Basic Sum Assured purchased subject to underwriting rules, and a schedule of benefit percentages of the Basic Sum Assured, payable in case of accidental dismemberment or severe burns. A double indemnity is payable for certain accidental deaths as described in the policy document. Please note that you can either opt for Tata AIA Life Accidental Death Benefit rider or Tata AIA Life Accidental Death and Dismemberment (Long Scale) rider. 10

OR b) Choose any of the PORTFOLIO STRATEGIES from below i) Systematic Money Allocation & Regular Transfer (SMART)

Name of the Fund

Fund Objective

Fund Allocation

Risk Profile

ii) Automatic Asset Allocation (AAA) You can choose from a variety of funds. Your Regular Premium and Top-Up Premium (if any), net of premium allocation charges is invested in one or more investment funds as per your preferred asset allocation. You have the option to choose any or all of the 7 funds or such funds as are available at the time of allocation, based on your preferred asset allocation.
Name of the Fund Large Cap Equity Fund (ULIF 017 07/01/08 TLC 110) Fund Objective Fund Allocation Equities and Equity linked Instruments 80% to 100%; Cash / Money Market Instruments upto 20% Equities and Equity linked Instruments60% to 100%; Cash/ Money Market Instruments upto 40% Equity and Equity Linked instruments 60% to 100%; Debt and Cash/ Money Market Instruments (including CP/CD) - 0 to 40% Risk Profile High

Whole Life The primary investment Aggressive objective of the Fund is Growth to provide higher Fund returns in long term by (ULIF 010 investing primarily in Equities along with 04/01/07 WLA 110) debt/ money market instruments. Whole Life Stable Growth Fund (ULIF 011 04/01/07 WLS 110) The primary investment objective of the Fund is to provide stable returns by balancing the investment in Equities and debt/ money market instruments.

Equities and Medium Equity linked to High Instruments - 50% to 80%; Debt Instruments - 20% to 50%; Cash / Money Market Instruments - upto 50% Equities and Low to Equity linked Medium Instruments - 30% to 50%; Debt Instruments 50% to 70%; Cash / Money Market Instruments- upto 70% Debt Instruments60% to 100%; Cash / Money Market Instruments- upto 40% Low

The primary investment objective of the fund is to generate long - term capital appreciation from a portfolio that is invested pre-dominantly in large cap equity and equity linked securities. The primary investment objective of the fund is to generate long - term capital appreciation from a portfolio that is invested pre-dominantly in Mid Cap Equity and Mid Cap Equity linked securities. The primary investment objective of the fund is to provide income distribution over a period of medium to long term while at all times emphasizing the importance of capital appreciation. The fund will invest significant amount in equity and equity linked instruments specifically excluding companies predominantly dealing in Gambling, Lotteries/ Contests, Animal Produce, Liquor, Tobacco, Entertainment (Films, TV etc) Hotels, Sugar, Leather, Banks and Financial Institutions.

Whole Life MidCap Equity Fund (ULIF 009 04/01/07 WLE 110) Super Select Equity Fund (ULIF 035 16/10/09 TSS 110)

High

Whole Life Income Fund (ULIF 012 04/01/07 WLI 110)

The primary investment objective of the Fund is to generate income by investing in a range of debt and money market instruments of various maturities with a view to maximize the optimal balance between yield, safety and liquidity. The primary investment objective of the Fund is to generate stable returns by investing in fixed income securities having shorter maturity periods. Under normal circumstances, the average maturity of the Fund may be in the range of 1-3 years.

High

Whole Life Short-Term Fixed Income Fund (ULIF 013 04/01/07 WLF 110)

Debt Instruments of duration less than 3 years- 60% to 100%; Cash / Money Market Instruments- upto 40%

Low

The company may add/remove additional investment linked funds from time to time subject to prior approval from the IRDA. Under exceptional circumstances investment in Cash / Money Market Instruments in all above funds may go up to 100%. Exceptional circumstances may include a) Global financial or credit crisis, b) War like situation, c) Political uncertainty d) Events like Political/ Communal disturbance which affects Indian economy and in turn impacts severely on Fixed Income/ Equity market. 13

12

These funds have different risk profiles based on different types of investments that are offered under these funds. The returns are expected to vary according to the risk profile9.
9

minimum switch and minimum fund after switch etc. for normal switching option shall be as applicable during the SMART.

Returns are subject to market conditions.

b) Choose any of the PORTFOLIO STRATEGIES from below: i) Systematic Money Allocation & Regular Transfer (SMART) Investment:

Any amount remaining in regular premium funds, other than the Accumulation Fund and the Target Fund, would continue to remain invested in those funds. SMART Option will not be available during discontinuance of Premium. SMART Option is free of charge. SMART Option will not be available for Top-Up Premium. SMART Option will not be available when Automatic Asset Allocation is chosen. A portion of total units available in the "Accumulation Fund" shall be switched automatically into the "Target Fund" in the following way: 1/12 of the units available at the beginning of Policy Month 1 1/11 of the units available at the beginning of Policy Month 2 1/ 7 of the units available at the beginning of Policy Month 6 1/2 of the units available at the beginning of Policy Month 11 Balance units available at the beginning of Policy Month 12

It is a systematic transfer plan that allows a customer to enter the volatile equity market in a structured manner under the Regular Premium Fund. Through SMART, one can initially park their entire annual allocable premium along with any existing units in any one fund (chosen out of the funds of Tata AIA Life Insurance Gyan Kosh). This fund is called the "Accumulation Fund". Thereafter a defined portion out of the Accumulation Fund will get transferred to another fund (chosen out of the funds of Tata AIA Life Insurance Gyan Kosh) other than the accumulation fund on a monthly basis. This fund is called the "Target Fund". The "Accumulation Fund" and "Target Fund" are not segregated funds offered under this product but are the names used to reflect the investment strategy under the "SMART". Thus, while the stock market remains volatile and unpredictable, SMART Investment offers a systematic way of rupee cost averaging. However, all investments through this option are still subject to investment risks, which shall continue to be borne by you. The following are the notable features of SMART:

Monthly SMART Policy Month 1 Policy Month 2 Policy Month 6 Policy Month 11 Policy Month 12

SMART can be availed at the option of the Policyholder, exercisable at policy Inception or on any Policy Anniversary. Request to commence, change or restart SMART should be received 30 days in advance of the Policy Anniversary. The request, if acceptable by the Company shall take effect on the following Policy Anniversary. SMART option is available only to the policies with the Annual Mode of payment. The automatic fund switches in the SMART option is available out of the 24 free switches. The Policyholder will have the option to stop the SMART at any point of time by a written request and it shall take effect from the next policy monthly anniversary that follows our receipt. Manual fund switching for the funds (Accumulation Fund and Target Fund) on which SMART is active is not allowed. Manual fund switching is however allowed on other available funds at applicable charges. For Top-Up premiums, manual switching option will be available at applicable charges. Conditions regarding switch fee, 14

We may refuse request for SMART, or cease offering SMART by giving 30 days of written notice subject to prior approval of Insurance Regulatory and Development Authority ii) Automatic Asset Allocation (AAA) Generally, with the increase in age, our risk appetite decreases. Automatic Asset Allocation is a unique feature that takes care of your portfolio and changes its allocation as per your age in such a way that you reap maximum returns with adjustment to risk exposure of your portfolio. You can opt for this option anytime which will automatically distribute your investment into two funds with different risk profile and fund objectives. Large Cap Equity Fund and Whole Life Income Fund are the two funds in which your investment will be distributed depending on your age. Age wise table is given below: Your funds will be allocated in the following manner: Fund Allocation details at policy inception and during policy term Age Band^ Large Cap Equity Fund Whole Life Income Fund 18 - 25 26 - 30 31 - 35 85% 80% 75% 15 15% 20% 25%

Age Band^ Large Cap Equity Fund Whole Life Income Fund 36 - 40 41 - 45 46 - 50 51 - 55 56 - 60 61 - 65
^

70% 65% 60% 55% 50% 45%

30% 35% 40% 45% 50% 55%

8) Automatic Asset Allocation Option will not be available when SMART is chosen. 9) The Policyholder will have the option to stop the AAA at any point of time by a written request and it shall take effect from the next policy monthly anniversary that follows our receipt. We may refuse request for Automatic Asset Allocation or cease offering Automatic Asset Allocation by giving 30 days of written notice subject to prior approval of Insurance Regulatory and Development Authority. IV. How is the NAV calculated? When the Company is required to purchase assets to allocate Units or sell assets to redeem Units at a Valuation Date, the Net Asset Value (NAV) per Unit or Unit Price will be calculated as: Net Asset Value (NAV)= (Market Value of Investment held by the Fund) + (Value of Current Assets) (Value of Current Liabilities & Provisions, if any) NAV per Unit or Unit Price = NAV / Total number of Units existing on Valuation Date (before creation/redemption of Units) The Net Asset Value (NAV) per Unit/Unit price will be determined and published daily in various financial newspapers and will also be available on www.tataaia.com, the official website of Tata AIA Life. All you have to do is multiply the number of Units you have with the published Unit Price to arrive at the value of your investments. Credit/Debit of Units Premiums received, after deducting the Regular Premium / Top-Up Premium Allocation Charge will be used to purchase Units at the Unit Price according to your instruction for allocation of Premium. Units purchased by Regular Premium and Top-Up Premium, net of payable Policy charges, will be deposited into the Regular Premium Fund Value and Top-Up Premium Fund Value respectively. Where notice is required (Partial Withdrawal, Complete Withdrawal or death of the Insured), Units being debited shall be valued by reference to their Unit Price as specified in the section Which NAV is applicable? Which NAV is applicable? In case of proposals or request for Top-Up Premiums, where underwriting or any other approval of the Company is required (including auto-pay cases), units will be allocated on the day the underwriting and the other , approvals are completed or the date of receipt of premium (in case of cash or local cheque or demand draft payable at par) whichever is later. However in case of outstation cheques /outstation demand drafts, units will be allocated on the date of realization or the day when the underwriting/approvals are completed, whichever is later. In respect of renewal premiums (in case of cash or local cheque or demand draft payable at par) at the place where 17

The Age band refers to the age at last birthday

On approaching maturity age, to ensure capital protection so that short term market volatility at the time of maturity does not impact the investments, we will systematically transfer your investments from Large Cap Equity Fund to Whole Life Income Fund in 10 instalments during the last 10 quarters of the policy term. The fund allocation might get changed due to market ups & downs. Every policy quarterly anniversary, the investments in the two funds will be rebalanced based on the current age as on the Quarterly Policy Anniversary and the fund allocation percentage for that age band. The Automatic Asset Allocation can be chosen for both Regular Premium and Top-Up Premium accounts. A separate service request would be required by Company, if Policyholder wishes to apply for Automatic Asset Allocation on Top-Up Premium account. Other rules for Automatic Asset Allocation: 1) Automatic Asset Allocation can be availed at the option of the Policyholder, exercisable at policy inception on any Policy Anniversary. Request to start the Automatic Asset Allocation should be received 30 days in advance of the Policy Anniversary. You can discontinue this option any time during the term of the plan. 2) Any amount remaining in Regular Premium funds & Top-Up Premium Funds (if any), other than the Large Cap Equity Fund and Whole Life Income Fund, would continue to remain invested in those funds. 3) Manual fund switching for Regular Premium funds & Top-Up Premium Funds (if any) on which AAA is active is not allowed. 4) Manual fund switching is allowed on other available funds at applicable charges. Conditions regarding switch fee, minimum switch, and minimum fund after switch etc. for normal switching option shall be as applicable under this plan. 5) The automatic fund switches in the AAA option is available in addition to the 24 free switches. 6) Automatic Asset Allocation is free of any charge. 7) For all age-dependant features, the revision to Policyholder's age will be effected on the annual anniversary of your policy following your birthday and not on your actual birthday. 16

the premium is received / requests received for fund switch / partial withdrawal / complete withdrawal / death claim / maturity claim, up to 03.00 p.m. by Tata AIA Life, the closing NAV of the day on which the premium / request is received shall be applicable. If the same is received after 03.00 p.m., the closing NAV of the next business day shall be applicable. In respect of outstation cheques/ demand drafts received at the place where the premium is received, the closing NAV of the day, on which cheque / demand draft is realized, shall be applicable. In case of renewal premiums if you pay the premium in advance (including auto-pay cases) the units will be allocated on the due date of the premium or the date, on which the outstation instruments,(if applicable), are realized, whichever is later. For the purpose of NAV calculation, the premium shall be deemed to have been received only when the same is either directly received at any of the offices of Tata AIA Life or when Tata AIA Life receives intimation from an authorized source about the receipt of premium at such alternate venue (e.g. drop box), as authorized by Tata AIA Life. If intimation is received after 3.00 p.m. or on a Saturday, Sunday, Public Holiday/ Non-business day for Tata AIA Life, NAV for the next working day will be applicable. Public Holiday/ Nonbusiness day for such purpose will be reckoned with reference to the Head Office/ such other office where investment function of the Company is based, notwithstanding that any other office of the Company is open for business on that day. V. How Can I Manage My Investments? We offer you ample flexibility to manage your money so that you can reap maximum benefits of your investments. Switching Between the Funds During the policy term, you may switch your investment or part of investment from one fund to another as per your outlook about the markets. A total of 24 free switches are allowed in a policy year after which charges will be applicable on further switches as shown under "What are my Premium and Policy Charges?". Premium Redirection Redirection facility helps you to allocate future premiums to a different fund or set of funds. There is no Premium Redirection charge. VI. What if I want to discontinue paying premiums? Discontinuance of Premiums In case the Policyholder does not pay any premium due on the policy before the expiry of the grace period, the company will send a notice to the Policyholder within 15 days from the date of expiry of the grace period. The Policyholder is, within 30 days from the receipt of the notice, entitled to the following options: (a) To revive the policy or 18

(b) Complete Withdrawal without any risk cover From the expiry of the grace period, till the Policyholder exercises the option or till the expiry of above notice period whichever is earlier, the policy is deemed to be in force and the risk cover will continue. During this period Mortality Charge, Fund Management Charge and Policy Administration Charge will be deducted as due from the Total Fund Value. In case of death during this period, the death benefit as mentioned under What are the Benefits available under this plan? shall be payable immediately. If the Policyholder exercises the option (a) i.e. to revive the policy, the policy will remain in force and all applicable charges as set out in section "What are my Premium and Policy Charges?" will continue to be deducted. In case of Discontinuance of Premium within Five Years from Inception: If the Policyholder exercises option (b) i.e. Complete Withdrawal without any risk cover or does not exercise any option within the above notice period, the Total Fund Value after deduction of the Discontinuance Charge as on the date of discontinuance shall be credited to the Discontinued Policy Fund maintained by the Company. The proceeds of the Discontinued Policy Fund shall be refunded to you; after addition of the earnings; subject to a minimum guarantee of the interest, as applicable to savings bank accounts of State Bank of India, over a period of time the policy is in discontinuance. These proceeds shall be refunded at the end of Lock-in period of five years from the inception of the policy. In case of death during this period the proceeds of the Discontinued Policy Fund shall be payable immediately. Revival during this period Policyholder can revive the policy within two years from the date of discontinuance, but, not later than the expiry of Lockin period subject to: (i) Policyholders written application for revival; (ii) production of Insureds current health certificate and/or other evidence of insurability satisfactory to us, if required (iii) payment of all overdue Regular Premiums. Discontinuance Charges deducted shall be added to the fund value on the date of such revival. Upon revival Your Policy will be reinstated and all applicable charges will continue to be deducted. In case of Discontinuance of Premium after paying at least five consecutive years Premium: If the Policyholder exercises option (b) or does not exercise any option within the Notice Period as mentioned above, the Total Fund Value shall be refunded. VII. What if I want to discontinue the policy? Complete Withdrawal The Policyholder can completely withdraw from the policy anytime during the policy term by intimating the Company. If Policyholder requests for Complete Withdrawal of a premium paying policy Within the Lock-in period; the surrender value i.e. the 19

fund value less applicable discontinuance charges as on the date of complete withdrawal shall be credited to the Discontinued Policy Fund as maintained by the Company. The proceeds of the Discontinued Policy Fund, after addition of the earnings, subject to a minimum guarantee of the interest, as applicable to savings bank accounts of State Bank of India, over a period of time the amount is in Discontinued Policy Fund, shall be paid to the Policyholder only after completion of the Lock-in period. The risk cover will cease on the date of complete withdrawal. In case of death during this period the proceeds of the Discontinued Policy Fund shall be payable immediately. Revival during this period Policyholder can revive the policy within two years from the date of complete withdrawal, but, not later than the expiry of Lock-in period subject to: (i) Policyholders written application for revival; (ii) production of Insureds current health certificate and/or other evidence of insurability satisfactory to us, if required (iii) payment of all overdue Regular Premiums. Discontinuance Charges deducted shall be added to the Fund Value on the date of such revival. Upon revival Your Policy will be reinstated and all applicable charges will continue to be deducted. After the Lock-in Period; the Total Fund Value as on the date of complete withdrawal shall be paid to the Policyholder.

The Annualised Regular Premium of the policy is arrived at as below:If monthly paid If quarterly paid If annually paid Monthly Regular Premium / 0.0833 Quarterly Regular Premium / 0.25 Annual Regular Premium / 1

If semi-annually paid Semi-annual Regular Premium / 0.5

Top-Up Premium Allocation Charge: 1.5% of single Top-Up premium Policy Administration Charge A Monthly Policy Administration Charge will be deducted by canceling Units at the Unit Price from the Fund Value of the policy and this charge will be increased by 5% p.a. compounded annually subject to a maximum of `6000 per annum. This increase will be effective from the next Policy Anniversary. Tabulated below is the Monthly Policy Administration charge for the 1st policy year. Annualised Premium Band (`) 20,000 - 29,999 30,000 - 49,999 50,000 & above Fund Management Charge (FMC) A Fund Management Charge will be charged for each fund on each valuation date at 1/365 of the following annual rates and will be applied on the total values of the investment funds as given below Funds Charge per annum Whole Life Mid-Cap Equity Fund 1.20% Large Cap Equity Fund 1.20% Super Select Equity Fund 1.20% Whole Life Aggressive Growth Fund 1.10% Whole Life Stable Growth Fund 1.00% Whole Life Income Fund 0.80% Whole Life Short Term Fixed Income Fund 0.65% Fund Management Charges are subject to revision by Company with prior approval of the Insurance Regulatory and Development Authority but shall not exceed 1.35% per annum of the Fund Value. Mortality Charge10 The Mortality Charge of the Basic Policy will be deducted by canceling Units at the Unit Price, from the Regular Premium Fund Value of the Policy on each Policy Monthly Anniversary. In case of the Top-Up Sum Assured, the same will be deducted from the Top-Up Premium Fund Value. If the Regular Premium Fund Value is insufficient, then mortality charge will 21 Monthly Policy Administration Charge (`) 70 100 150

Lock-in period means the period of 5 consecutive years from the Issue Date of the policy, during which period the proceeds of the discontinued policies cannot be paid by the insurer, except in the case of death or upon the happening of any other contingency covered under the policy. VIII. What are my Premium and Policy Charges#? Premium Allocation Charge The Regular Premiums will be payable for the entire policy term as desired by you. The net Regular Premiums after deduction of charges are invested in funds as per your choice. Premium Year# / Annualised Premium Band 1 to 3 4 to 10 11 to 15 16 onwards
#

20,000 to 29,999 3% 2% 1% 0%

30,000 and above 2%

Premium Year is determined by the number of complete 12months period for which Regular Premium has actually been paid, excluding any period of discontinuance of premiums.

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be deducted from the Top-Up PremiumFund Value, if any, and vice-versa. Mortality charge is the amount of insurance cover for the month multiplied by the applicable Mortality Charges for the month, based on the age of the Life Assured. Insurance cover is as defined below: Insurance cover in each month for Regular Premium Account is Maximum of Basic Sum Assured or 1.05 times total premium paid Insurance Cover in each month for Top-Up Premium Account is Maximum of Top-Up Sum Assured or 1.05 times total TopUp premium paid Sample Age 25 35 45 55
10

Attained Age 25 30 35

Benefit Payment Term (in years) 9 0.99 1.01 1.22 6 0.72 0.73 0.89 3 0.36 0.37 0.45

FIB rates are per `1000 basic sum assured The Family Income Benefit charges are subject to review and may be altered by giving an advance notice of at least 3 months to the Policyholder subject to the prior approval of Insurance Regulatory and Development Authority and will have prospective effect. Discontinuance Charge The following table shows the applicable Discontinuance Charges:
Policy Discontinuance charge for Discontinuance charge for year Annualised Premium up Annualised Premium to `25000 above `25000

Mortality Charges per `1000 Sum Assured 1.140 1.435 3.274 9.022

The Mortality Charges will be guaranteed for the period of the policy term. For complete details of mortality charges visit us at www.tataaia.com Waiver of Premium Charge (WoP Charge) Waiver of Premium charge is the sum of all future regular premiums due under base policy multiplied by the applicable Waiver of Premium rate, based on the attained age of the Life Assured and the balance policy term. It is automatically deducted every month from your Regular Premium Fund. If the Regular Premium Fund Value is insufficient, then the WoP Charges will be deducted from the Top-Up Premium Fund Value, if any. Attained Age 25 35 45 Balance policy term (in years) 10 0.98 1.20 2.74 15 0.86 1.05 2.40 20 0.76 0.93 2.11
2

Lower of 20% of Annualised premium or 20% of Regular Premium Fund Value subject to maximum of `3000 Lower of 15% of Annualised premium or 15% of Regular Premium Fund Value subject to maximum of `2000 Lower of 10% of Annualised premium or 10% of Regular Premium Fund Value subject to maximum of `1500 Lower of 5% of Annualised premium or 5% of Regular Premium Fund Value subject to maximum of `1000 NIL

Lower of 6% of Annualised premium or 6% of Regular Premium Fund Value subject to maximum of `6000 Lower of 4% of Annualised premium or 4% of Regular Premium Fund Value subject to maximum of `5000 Lower of 3% of Annualised premium or 3% of Regular Premium Fund Value subject to maximum of `4000 Lower of 2% of Annualised premium or 2% of Regular Premium Fund Value subject to maximum of `2000 NIL

5+

WoP rates are per `1000 premium The Waiver of Premium benefit charges are subject to review and may be altered by giving an advance notice of at least 3 months to the Policyholder subject to the prior approval of Insurance Regulatory and Development Authority and will have prospective effect. Family Income Benefit Charge (FIB Charge) Family Income Benefit charge is Sum Assured multiplied by the applicable Family Income Benefit rate, based on the attained age of the Life Assured and chosen policy term. It is automatically deducted every month from your Regular Premium Fund. If the Regular Premium Fund Value is insufficient, then the FIB charges will be deducted from the Top-Up Premium Fund Value, if any. 22

There are no discontinuance charges applicable on the Top-Up Premium Fund Value. Partial Withdrawal Charge There are no partial withdrawal charges under Tata AIA Life Insurance Gyan Kosh Fund Switching Charge There are 24 (twenty four) free switches per policy year. Thereafter a service charge of `100 per switch will be applicable. This charge may be revised as deemed appropriate by the Company but shall not exceed a maximum of `250 with prior approval of the Insurance Regulatory and Development Authority. 23

Premium Redirection Charge There is no Premium Redirection Charge. The Company may alter the above charges (except Mortality Charge and Premium Allocation Charges which are guaranteed throughout the term) by giving an advance notice of at least three months to the Policyholder subject to the prior approval of IRDA and the same will have prospective effect. IX. Other Plan Features Free Look Period If your are not satisfied with the terms & conditions/features of the policy, you have the right to cancel the Policy by providing written notice to the Company and receive the premiums invested into the funds at Unit Price as on the date of cancellation along with the charges paid after deducting a) proportionate risk premium for the period on cover, b) Stamp duty and medical examination costs which have been incurred for issuing the Policy. Such notice must be signed by you and received directly by the Company within 15 days from the date of receipt of the policy document. The said period of 15 days shall stand extended to 30 days, if the policy is sourced through distance marketing mode. Grace Period If you are unable to pay your Regular Premium on time, starting from the regular premium pay-to-date, a grace period of 30 days will be offered for policies on Annual, SemiAnnual or Quarterly Modes. For policies on monthly mode the grace period would be 15 days. During this period your policy is considered to be in force with the risk cover as per the terms & conditions of the policy. Backdating Backdating is not allowed in Tata AIA Life Insurance Gyan Kosh Policy Loan Policy Loan is not allowed in Tata AIA Life Insurance Gyan Kosh Tax Benefits11 Premiums paid under this plan are eligible for tax benefits under section 80C of the Income Tax Act, 1961. Moreover, life insurance proceeds enjoy tax benefits as per section 10(10D) of the said Act. 11 Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you. Nomination and Assignment As per Section 39 of the Insurance Act, 1938, you may nominate a person as the Nominee and where the nominee is 24
#

a minor, you are required to appoint an Appointee by giving a written notice in prescribed format to the Company. Such nomination is valid only if recorded by the Company and endorsed on this policy. As per Section 38 of the Insurance Act, 1938 you may also assign this policy by giving a written notice in prescribed format to the company, before the maturity of the policy. Assignment of policy shall automatically cancel a nomination. Exclusions If the Insured, whether sane or insane, commits suicide within one year from the Issue Date or Commencement Date of the policy, our liability shall be limited to the Total Fund Value, valued at the applicable Unit Price. Inbuilt Benefit Exclusions The inbuilt benefits (Waiver of premium and Family Income Benefit) shall not cover any Total Permanent Disability caused directly or indirectly, wholly or partly, by or arising out of any of the following occurrences: a) Assault or attempt to murder; b) Riot and civil commotion, industrial action or terrorist activity; c) War, declared or undeclared, or revolution; d) Service in the armed forces in time of declared or undeclared war or while under orders for warlike operations or restoration of public order; e) Self destruction or attempted self-destruction or selfinflicted injuries while sane or insane; f) Entering, exiting, operating, servicing, or being transported by any aerial device or conveyance except when the Insured is a fare paying passenger on a commercial passenger airline on a regular scheduled passenger trip over its established passenger route; g) Any congenital defect which has manifested or was diagnosed before the Insured attains 17 years of age. h) The Insured was suffering from Acquired ImmunoDeficiency Syndrome (AIDS) or infection by any Human Immuno-Deficiency Virus (HIV). For the purpose of this Policy:i. The definition of AIDS shall be that used by the World Health Organization in 1987, or any subsequent revision by the World Health Organization of that definition. ii. Infection shall be deemed to have occurred where blood or other relevant test(s) indicate in the opinion of the Company either the presence of any Human Immunodeficiency Virus or Antibodies to such a Virus. i) Deliberate act(s) of the Policyholder, Nominee or Insured; j) Violation or attempted violation of the law or resistance to arrest; k) Exclusions under the General Provisions of the Basic Policy. 25

No benefit will be provided for Total Permanent Disability resulting from a physical or mental condition of the Insured which existed before the Issue Date or Commencement Date of the policy which was not disclosed in the Application or health statement. Insurance Act, 1938, Section 41 (Prohibition of Rebates) 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 prospectuses or tables of the insurer. 2. If any person fails to comply with sub regulation (1) above, he shall be liable to payment of a fine which may extend to rupees five hundred. Insurance Act, 1938, Section 45 No policy of life insurance effected before the commencement of this Act shall after the expiry of two years from the date of commencement of this Act and no policy of life insurance effected after the coming into force of this Act shall, after the expiry of two years from the date on which it was effected be called in question by an insurer on the ground that statement made in the proposal or in any report of a medical officer, or referee, or friend of the Insured, or in any other document leading to the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or suppressed facts which it was material to disclose and that it was fraudulently made by the Policyholder and that the Policyholder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose. Provided that nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled to do so, and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that the age of the Life Insured was incorrectly stated in the proposal. Tata AIA Life Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons and AIA Group Limited (AIA). Tata AIA Life combines Tatas pre-eminent leadership position in India and AIAs presence as the largest, independent listed pan-Asia life insurance group in the world spanning 15 markets in Asia Pacific. Tata Sons holds a majority stake (74%) in the company and AIA holds 26% through an AIA Group company. Tata AIA Life Insurance 26

Company Limited was licensed to operate in India on February 12, 2001 and started operations on April 1, 2001. DISCLAIMERS:

Investments are subject to market risk. Unit Linked Life Insurance products are different from the traditional insurance products and are subject to the risk factors of fluctuations in investment returns and possibility of increase in charges. Please know the associated risks and the applicable charges, from your insurance agent or the intermediary or the policy document of the Company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. The performance of the managed portfolios and funds is not guaranteed and the value may increase or decrease in accordance with the future experience of the managed portfolios and funds. Past performance is not indicative of future performance. The Premium paid in the Unit Linked Life Insurance Policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the Insured is responsible for his/her decisions. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid. The brochure is not a contract of insurance. This brochure should be read along with sales Illustration. The precise terms and conditions of this plan are specified in the policy contract. Tata AIA Life Insurance Company Ltd. is only the name of the Insurance Company and Tata AIA Life Insurance Gyan Kosh is only the name of the Unit Linked Life Insurance Contract and does not in any way indicate the quality of the contract, its future prospects or returns. This product is underwritten by Tata AIA Life Insurance Company Ltd. Insurance is the subject matter of the solicitation. Insurance cover is available under this product.

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