Tata AIA Life Insurance Co. Ltd., one of India’s most trusted life insurers, has announced a record bonus payout of ₹1,842 crorein its participating plans for the financial year ending March 31, 2025, which will benefit over 8.15 lakh policies. This year’s payout marks a 26% increase over last year’s bonus of ₹1,465 crore — the highest ever in the company’s history.Among other participating plans, the bonus has been declared for key participating plans such as the iamond Savings Plan, Smart Value Income Plan, Value Income Plan and Shubh Flexi Income Plan.Participating Insurance Plans, also known as "Par" plans, are life insurance policies that share profits with policyholders in the form of bonuses or dividends. These bonuses are not guaranteed but are typically declared annually, depending on the performance of the insurer’s participating (or with-profits) fund.
This announcement reaffirms Tata AIA’s unwavering commitment to partner with its consumers and enabling them to fulfil their dreams.
“We are excited to announce another year of exceptional bonus payouts for our participating policyholders. Tata AIA’s record-breaking bonus declaration underscores our commitment to honoring the trust of our policyholder, while continually rewarding them with superior returns. We remain dedicated to helping our customers live fikar-free lives, achieve their financial goals, and secure a bright future for their loved ones.” said Kshitij Sharma, Executive Vice President and Appointed Actuary at Tata AIA.
Tata AIA’s participating plans are designed to help you meet your life goals — be it saving for your child’s future, building a retirement corpus, or creating a reliable income stream — all while safeguarding your loved ones.Low Volatility – Bonus payouts help cushion against market ups and downs,Equity Upside – Enjoy growth potential with managed exposure to equities,Life Cover – Guaranteed life cover ensures financial security for your family
Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation and art and culture.
In 2023-24, the revenue of Tata companies, taken together, was more than $165 billion. These companies collectively employ over 1 million people.
Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 26 publicly listed Tata enterprises with a combined market capitalisation of more than $365 billion as on March 31, 2024.