NFO opens: 24th Dec & closes: 31st Dec,2024
This advertisement is combination of products namely, Tata AIA Smart Sampoorna Raksha Supreme (UIN: 110L179V02) and Tata AIA Vitality Protect Advance (UIN: 110N178V01)
Life Insurance Plans in India are much more affordable than international plans. NRI can purchase policy when in India
Life Insurance Plans in India are much more affordable than international plans. NRI can purchase policy when in India
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This advertisement is combination of products namely, Tata AIA Smart Sampoorna Raksha Supreme (UIN: 110L179V02) and Tata AIA Vitality Protect Advance (UIN: 110N178V01)
Experience the triple advantage of diversification, momentum & quality. Introducing
Premium calculator
7% digital discount&
on 1st year premium
₹1 Crore Term plan starting @₹547/month$$
Why opt for a term plan?
Gift yourself and your family the best term insurance plan that offers complete financial security, designed for people just like you.
Start young and pay lower premiums
Tax Benefits** as per applicable tax laws
Large coverage at a lower premium1
Customized plans as per your needs
Express Claims Settlement in 4 Hours2
Increase your life cover at important milestones such as marriage or childbirth3
One Term Plan. Multiple Benefits.
What makes Tata AIA’s Term Insurance Plan Unique?
We offer customised solutions that enables you to protect the smiles of your loved ones.
Whole Life Coverage
Up to 100 years of age3 for your family's guaranteed life-long financial security
Get Additional Benefits
Avail Additional Benefits / Value Added Services4 up to Rs. 30,000/- per year at no additional cost
105% premium~ back
With Life Plus option
Add-on security (Riders~~)
40+ critical illness cover. Hospitalization benefit. Accidental death, Accidental Total & Permanent Disability Cover.
Tax savings up to ₹46,800*
As per the applicable Income Tax laws.
Boost life cover3
At important milestones such as home loan disbursal, marriage or child birth
Pay as per convenience
Monthly / Quarterly / Half-yearly / Annually / Lumpsum
Inbuilt privileges
Terminal illness benefit
Special premium for females
Sample Illustration$$
Additional coverage that can be added to your insurance policy
Life Option
Premiums given are excluding taxes for Life Cover of 1 Cr., Standard Life, Non-Smoker for a policy duration of 20 years, Regular Pay under Life Option.
| Age | Annual Premium | Monthly Premium | ||
|---|---|---|---|---|
| Male | Female | Male | Female | |
| 20 years | ₹ 7,300 | ₹ 6,200 | ₹ 645 | ₹ 547 |
| 25 years | ₹ 8,100 | ₹ 6,900 | ₹ 715 | ₹ 609 |
| 30 years | ₹ 9,400 | ₹ 8,000 | ₹ 830 | ₹ 706 |
| 35 years | ₹ 11,900 | ₹ 10,100 | ₹ 1,051 | ₹ 892 |
| 40 years | ₹ 16,800 | ₹ 14,300 | ₹ 1,483 | ₹ 1,263 |
| 45 years | ₹ 25,400 | ₹ 21,600 | ₹ 2,243 | ₹ 1,907 |
Life Plus Option
Premiums given are excluding taxes for Life Cover of 1 Cr., Standard Life, Non-Smoker for a policy duration of 40 years, Regular Pay under Life Plus Option.
| Age | Annual Premium | Monthly Premium | ||
|---|---|---|---|---|
| Male | Female | Male | Female | |
| 20 years | ₹ 11,900 | ₹ 10,100 | ₹ 1,051 | ₹ 892 |
| 25 years | ₹ 12,000 | ₹ 10,200 | ₹ 1,060 | ₹ 901 |
| 30 years | ₹ 15,900 | ₹ 13,500 | ₹ 1,404 | ₹ 1,192 |
| 35 years | ₹ 22,600 | ₹ 19,200 | ₹ 1,996 | ₹ 1,695 |
| 40 years | ₹ 31,800 | ₹ 27,000 | ₹ 2,808 | ₹ 2,384 |
| 45 years | ₹ 52,100 | ₹ 44,300 | ₹ 4,600 | ₹ 3,912 |
Discover a premium that perfectly aligns with your current income and future goals using our term insurance calculator.
All Premiums are subject to applicable taxes, cesses & levies which will be entirely borne/ paid by the Policyholder, in addition to the payment of such Premium. Tata AIA Life shall have the right to claim, deduct, adjust, recover the amount of any applicable tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy. Kindly refer the sales illustration for the exact premium.”
Rider Options
Additional coverage that can be added to your insurance policy
A non-linked, Non-Participating Individual Health rider (UIN: 110B045V02)
Tata AIA
Vitality Health
Enroll in Tata AIA Vitality^^ to get discount~~ on your premium
Tata AIA
Vitality Health
39 Critical Illness covered including minor stage illness
Pays fixed amount on Hospitalization and on ICU admission
A non-linked, Non-Participating Individual Health rider (UIN: 110B046V02)
Tata AIA
Vitality Protect
Offers protection against 40 Critical Illness including Cancer & Cardiac conditions
Tata AIA
Vitality Protect
Extended protection to your loved ones too under the same plan.
Return of balance premium$
Tax benefits* as per applicable laws.
A non-linked, Non-Participating Individual Health rider (UIN: 110B033V03)
Tata AIA
Comprehensive Protection Rider
Financial protection against Death, Accidental Death/Disability and Illness
Tata AIA
Comprehensive Protection Rider
40 Critical Illnesses covered including Cancer and Cardiac arrest
Tax benefits* as per applicable laws.
A non-linked, Non-Participating Individual Health rider (UIN: 110B031V03)
Tata AIA
Comprehensive Health Rider
Enhanced protection to cover risks which includes Disability, Hospitalization and Illness
Tata AIA
Comprehensive Health Rider
Flexibility to opt for Return of Premiums~
Tax benefits* as per applicable laws.
Tata AIA
A name you can count on
99.01%
Individual Death Claim Settlement Ratio^
4 Hours
Express Claim Settlement2
Rs 4,00,000 Crore+
Retail Sum Assured5
78 Lakhs+
Families protected so far6
Testimonials
Sohini Saha
Hi Team, This email is to appreciate the support of Monomay & Subrata even though they were working from home during the locked down phase. I really appreciate the support and the effort of the team to take extra steps to resolve my service request. Keep up the great work.
Mihir Bhandari
Respected Madam, I thank Ashwani Indulkar for her prompt service. She was very efficient in answering all my queries & concerns about my policy. I wish her all the best for future. It was a great experience & I shall recommend Tata AIA Life to my friends and relatives.
Harshit Shah
Dear Pratik, We are really thankful to you & your team & appreciate your kind nature, efforts & support with the necessary changes in my insurance policy document during the COVID-19 lock down. Thanks a lot...I received my updated Policy documents soft copy by mail.
Nishant Kumar
Dear Harshali, Thanks a lot. Amount has been credited to my account. I shall remain thankful to Tata AIA Life for the support in a time when the whole country is under COVID-19 lockdown. No other company has the guts to perform such a hassle-free service like Tata AIA Life.
Gautam Banerjee
Dear Rittwik, I am amazed to see the promptness from your side in this lockdown situation where human world is at stake. It's an example towards a sense of responsibility & feeling for the customer. Really admirable & thanks a lot for helping me in this abnormal situation.
Vinayak Sen
Greetings Mr. Upendra Kumar, Thanks a ton! I express my wholehearted appreciation for all your help in this case. Your proactive approach and prompt action especially during this COVID-19 Lockdown situation has been really impressive! Kudos!
Vivekananda Dutta
Dear Priya, Thank you for the splendid support & care rendered to me during this COVID-19 lock-down days. You attended my queries even at odd hours, while working from home. Your responses were prompt, courteous and full of Contents. I rate your services 10/10. Bravo Tata AIA Life.
V Sridhar
Dear Dr. Nilesh, Thanks for your time and detailed discussions, even during this COVID-19 lockdown, to help me identify the best plan for me and also for sharing the revised offers. Thanks also to the entire leadership team of Tata AIA Life for their support.
Downloads
Frequently Asked Questions(FAQs)
What is a term life insurance plan?
Term Life Insurance is a pure protection life cover product. In term insurance, the policyholder pays a specified sum as a premium to the life insurance company, and in return, the company provides life cover to the insured. On any unfortunate event such as death of the life assured, the pre-specified sum assured (also known as the death benefit) is paid out to the appointed nominee.
Term Insurance plans are affordable, and the premium amount is less if you buy at a younger age. Term insurance plans are a must-have for anyone who is a breadwinner for their family and has loved one’s dependent on their income.
Why should I buy a term insurance plan?
Term insurance plans offer a high sum assured for a low premium cost as compared to other life insurance policies. These plans are perfect for people who are the bread earners in the family and have financial dependents. Here are a few reasons why you should buy a term life insurance plan:
Cost-effective coverage: Term insurance plans have one of the lowest premiums among life insurance policies. You can seamlessly get extensive coverage of up to Rs 1 crore well within your budget.
Safeguard your family's financial future: The death benefit pay-out from a term insurance plan will secure your family's financial future, even in your absence.
Customizable cover: You can enhance the coverage of the term plan with a choice of add on riders
Tax benefits: The premiums paid for a term insurance can used for availing income tax~ benefit as per applicable tax laws.
Does term insurance only provide a pure life cover?
A pure term plan will provide only life cover and death benefits to the deceased policyholder’s family if the death occurs within the policy term. However, if the term plan offers a return on premium, then the total of all the premiums paid under the base plan will be paid back to the policyholder if they survive the policy term.
Who should buy term insurance?
Anyone who needs a pure risk cover, has financial liabilities and/or wants to secure their family against financial obligations in case of an unfortunate event should get a term insurance policy.
Is buying a term policy online safe?
Yes, purchasing a term policy online is safe. Also, the payment process is secured, and you get the benefit of easy access to your policy account, and more transparency and ease in paying the renewal premium.
Is Tata AIA Sampoorna Raksha Supreme a pure term plan?
Tata AIA Sampoorna Raksha Supreme has four plan options, out of which the Life Option and the Credit Protect Option are pure term plans while the Life Plus Option and the Life Income Option offer return of premiums and a regular income option respectively, subject to terms and conditions.
What are the major features of Sampoorna Raksha Supreme?
The Tata AIA Sampoorna Raksha Supreme Plan is another addition to the Rakshakaran or Protection plan category of Tata AIA Life. The key features of the plan include:
- Choice of different death benefit options from Life Option, Life Plus Option, Life Income Option and Credit Protect Option
- Whole life coverage up to 100 years of age^
- Life Stage Option to increase the sum assured at critical stages of life
- Inbuilt Payor Accelerator to receive 50% of the sum assured in case of a terminal illness diagnosis
- Choice to receive death benefit payout as a lump sum, regular income, or lump sum + regular income
- Choice of the policy term and premium paying term
- Ability to choose from a list of unique riders for coverage enhancement
- Preferential premium rates for female policyholders
- Tax benefits~ as per applicable tax laws
How many plan options can one choose under this policy?
There are four types of plan options available under the Tata AIA Life Sampoorna Raksha Supreme plan:
- Life Option - pure risk cover with a death benefit
- Life Plus Option - protection-oriented cover with a death benefit + return of premium on maturity)
- Life Income Option - pure risk cover with a death benefit + survival benefits as a regular income benefit during the policy term
- Credit Protect Option - pure risk cover with a death benefit in line with the outstanding loan amount
When does the earliest one can choose to purchase the plan?
The minimum entry age for purchasing the policy and availing of its benefits is 18 years except for Life Income plan option where the entry age is 30 years.
What is the Inbuilt Payor Accelerator Benefit with this plan?
Under the Inbuilt Payor Accelerator Benefit, a pre-defined percentage of the sum assured is paid out to the policyholder on the confirmed diagnosis of terminal illnesses. The benefit paid out under this feature is a part of the base/effective sum assured, and the payout reduces the sum assured of the plan. Upon payment, the policy will continue with the reduced sum assured and applicable premiums.
For detailed information regarding the definition of terminal illness, the medical requirements, effective rates under different coverage options and other guidelines, kindly refer to the policy document.
Can I get maturity benefits with this plan?
Under Tata AIA Sampoorna Raksha Supreme Plan, you can get maturity benefits only under the Life Plus Option coverage. The coverage option pays out 105% of the total premiums** paid as a maturity benefit.
What are the different Death Benefit options available with the plan?
Under the Tata AIA Sampoorna Raksha Supreme plan, you get the flexibility to choose between Life Option, Life Plus Option, Life Income, and Credit Protect death benefit options.
The Life and Life Plus Option will provide the policyholder with insurance coverage if they pass away during the plan’s tenure.
The Life Income Option will provide the policyholder with income based on the income start age and income rate provided by the policyholder during policy initiation. The policyholder will get the income from the plan until the plan expires or they pass away.
The Credit Protect option will help the policyholder in taking care of outstanding loans or debts.
Is it better to choose the Life Option or the Life Plus Option in the policy?
If your requirements indicate the need for pure life cover protection, then the Life Option is the right choice for you. However, if you want to get more out of your term plan than life cover, then the Life Plus Option offers a 105% return of the total premiums** paid on the base policy.
Is there a critical or terminal illness benefit that comes with the plan?
Yes, all the plan options under the Tata AIA Sampoorna Raksha Supreme have an inbuilt Payor Accelerator Benefit that offers 50% of the sum assured if the policyholder is diagnosed with a terminal illness and once the claim is approved.
Can I increase my sum assured at specific stages of life with this plan?
Yes! We understand your need to adjust your term insurance coverage as per your changing liabilities. This is why we offer the Life Stage Benefit with our Tata AIA Sampoorna Raksha Supreme Plan. Under this option, policyholders can increase their sum assured at specific life stages by paying an additional plan premium. The sum assured can be increased by a predetermined percentage within 180 days of the following incidents:
- Marriage (only 1 marriage covered) - 50%
- Birth/Adoption of first child - 5%
- Birth/Adoption of 2nd child - 25%
- Home Loan Disbursal - 100% (subject to disbursal of home loan)
For detailed instructions, procedures, and eligibility for this feature, kindly read the policy document carefully.
Can I regularly increase the sum assured at every policy anniversary?
Yes, the sum assured for the Tata AIA Sampoorna Raksha Supreme can be increased through the Top-up Sum Assured Option.
Does the plan have a Critical Illness cover? Which critical ailments are covered by the rider?
You can opt for any of the two riders - Tata AIA Non-Linked Comprehensive Protection Rider or Tata AIA Non-Linked Comprehensive Health Rider for Critical Illness Cover. The detailed list of critical illnesses covered under the riders is available in the respective policy documents.
Can I increase my plan’s life cover during the policy term?
Yes, you can increase the life cover of your Life or Life Plus plan at any point in time with the Life Stage Option. This optional benefit, you can avail of additional life coverage for important milestones, as per the events and the percentage increase specified in the policy. You will have to increase the sum assured within 180 days of the event to avail of the additional coverage.
With the Top-Up Sum Assured option under your Life or Life Plus plan, you can choose to increase your life cover by 5% of the basic sum assured select at the policy inception. This increase can be opted for at every policy anniversary with an additional premium payment.
What rider benefits are available with Sampoorna Raksha Supreme?
When it comes to Tata AIA Sampoorna Raksha Supreme, you get a choice of multiple rider## options with the base product:
- Tata AIA Vitality Health - A Non-Linked, Non- Participating Individual Health rider (UIN:110B045V02)
- Tata AIA Vitality Protect - A Non-Linked, Non- Participating Individual Health rider (UIN:110B046V02)
- Tata AIA Non-Linked Comprehensive Protection Rider - A Non-Linked, Non- Participating Individual Health Rider (UIN:110B033V03 or any other later version)
- Tata AIA Non-Linked Comprehensive Health Rider - A Non-Linked, Non- Participating Individual Health Rider (UIN: 110B031V03 or any other later version)
What are the payout options under this plan?
The death benefit under Tata AIA Sampoorna Raksha Supreme Plan is available under 3 options:
- Lump sum - a one-time payment of the entire base/effective sum assured
- Staggered Benefit: income stream, as stipulated by the policyholder, payable to the nominee for a fixed period and frequency
- Combination of lump sum and staggered benefit
What happens to the policy after a terminal illness claim is settled?
Once the terminal illness claim is settled under this policy, the policy will continue to be in effect, and the due premiums will have to be paid.
Can the claim payout be made online?
The claim initiation can be done online, and the claim payout can be made through NEFT.
How many claims can I make under this plan?
If you choose the Life/Credit Protect/Life Income plan option, your beneficiaries can make a single death benefit claim on your demise during the policy term.
If you opt for the Non-Linked Comprehensive Health Rider, you can make multiple claims under this optional rider## benefit as per the coverage it offers.
How do I file a claim for this plan?
If you want to raise a claim under this plan, you can choose any of the following channels –
You can visit our official website, go to the Claims page to upload your documents and register your claim online.
For a chat-based service, type “CLAIM” and send it on our WhatsApp number 7045669966
If you need the documents to be picked up from your home, give us a call.
Look for your nearest Tata AIA branch office here and visit us.
Get in touch with us on customer.care@tataaia.com or on our helpline number 1860-266-9966 or NRI number +91-80-67603700 for any claim-related assistance.
Disclaimer
- Tata AIA Life Insurance Sampoorna Raksha Supreme (A Non-Linked Non-Participating Individual Life Insurance Plan) • UIN: 110N160V04
~Under Life Plus Option, an amount equal to the 105% of the Total Premiums Paid (excluding loading for modal premiums) shall be payable at the end of the Policy Term, provided the life assured survives till maturity and the policy is not terminated earlier.
^Individual Death Claim Settlement Ratio is 99.01% for FY 2022 - 23 as per the latest annual audited figures.
*Tax benefits of up to ₹46,800 u/s 80C is calculated at highest tax slab rate of 31.20% (including cess excluding surcharge) on life insurance premium paid of ₹1,50,000. Tax benefits under the policy are subject to conditions laid under Section 80C, 80D,10(10D), 115BAC and other applicable provisions of the Income Tax Act,1961. Good and Service tax and Cess if any will be charged extra as per prevailing rates. The Tax-Free income is subject to conditions specified under section 10(10D) and other applicable provisions of the Income Tax Act,1961. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above.
**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 in this document. Please consult your own tax consultant to know the tax benefits available to you.
~~Rider is not mandatory and is available for a nominal extra cost. For more details on benefits, premiums and exclusions under the Rider, please contact Tata AIA Life's Insurance Advisor/ branch.
1Applicable to large sum assured. For more details, please refer discount table in product brochure.
2Applicable to only non-early claims with more than 3 years of policy duration, non-investigation cases, up to Sum Assured of Rs. 50 lakhs. Applicable for branch walk in. Time limit to submit claim to Tata AIA Life Insurance is 2 pm on working days. Subject to submission of complete documents. Not applicable for ULIP policies and open title claims.
3Applicable for specific plan options. Please refer brochure for additional details.
4The above-mentioned costs are based on estimated average market price for respective services and the eligibility criteria for availing teleconsultation and Personal Medical Case Management services is minimum total Sum Assured of Rs. 30 Lakhs [under base plan and Vitality rider/s]. For more information, please contact your Insurance Advisor / Intermediary or visit Tata AIA Life’s nearest branch office or call 1-860-266-9966 (local charges apply) or write to us at customercare@tataaia.com
| Additional Benefits/Value Added Services offered with Tata AIA Life SRS Vitality Protect |
||
Sr. No |
Value Added Services |
Frequency |
| 1 | Medical Teleconsultation | 4 consultations per month = 48 consultations per annum |
| 2 | Annual Health Check-up | 1 Health check-up per annum |
| 3 | Personal Medical Case Management (PMCM) (max. 3 months of service period) |
Throughout the year |
5Retail Sum Assured for FY2023 is Rs 4,43,479 Crores.
6Families protected from inception till date.
$The rider also offers Return of Balance Premium option where the ‘Total Premiums Paid’ (excluding loading for modal premiums) towards the respective Benefit Option, less any claim amount already paid out under the respective Option and any premium discounts availed under the wellness program such as premium discounts or premium cashback.
^^Tata AIA Vitality - A Wellness Program that offers you an upfront discount at policy inception. You can also earn premium discount / cover booster (as applicable) for subsequent years on policy anniversary basis your Vitality Status (tracked on Vitality app) Please refer rider brochures for additional details on health and wellness benefits.
~~Wellness Discount is available with Vitality riders as follows:
|
Vitality Health (HospiCare) |
(Term Booster, CritiCare Plus) |
(Accidental Death, Accidental Total |
|
10% |
10% |
5% |
|
Up to 30% based on wellness status |
Up to 15% based on wellness status |
|
&Online discount is applicable in first year only.
Tata AIA Life Insurance Company Ltd. (IRDA Regn. No. 110 ·CIN:U66010MH2000PLC128403. Registered & Corporate Office: 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai 400013.
Trade logo displayed above belongs to Tata Sons Ltd and AIA Group Ltd. and is used by Tata AIA Life Insurance Company Ltd under a license. For any information including cancellation, claims and complaints, please contact our Insurance Advisor/Intermediary or visit Tata AIA Life's nearest branch office or call 1-860-266-9966 or write to us at customercare@tataaia.com. Visit us at www.tataaia.com
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint
Tata AIA Life Insurance © 2022. All Right Reserved.
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