Tata AIA Life Insurance
Secure Insurance Solutions

Secure Insurance Solutions is a combination insurance plan by Tata AIA Life Insurance that helps you realise your savings and investment goals while being protected by a life insurance cover.

Where other insurance plans target specific requirements of individuals, Secure Insurance Solutions is a more comprehensive product that provides complete financial security and aids in wealth creation.

Each plan or solution serves a specific function. A term insurance plan offers comprehensive life cover protection and is popular for its affordable premiums. The Secure Insurance Solution serves as an insurance and saving cum insurance plan. So, one cannot compare the two.

You should buy Secure Insurance Solutions early on in life to start your investments and give them enough time to grow. Since the solution also offers a life cover, getting it early on will enable you to protect yourself and your family against unforeseen events and emergencies.

Secure Insurance Solutions offers a regular income option and an endowment benefit that you can choose from, depending on how you want to receive your maturity benefit.

The plan offers maturity benefits as well as death benefits to the policyholder’s beneficiaries. Apart from that, the plan also functions as an effective market investment tool that allows the investor to maximise their returns with a capital guarantee. Therefore, at maturity, not only can one avail of the maturity benefit but also their investment returns.

While a Unit-Linked Insurance Plan is good for investments, Secure Insurance Solutions also offers capital protection on the investments which helps the investor enhance their investment corpus. The solution also enables long-term savings during the policy term, which is a feature that ULIP does not offer. If you are replacing your ULIP with Secure Insurance Solutions, be sure that you make an informed decision.

Yes, the plan offers tax benefits as per the prevailing tax laws, subject to the terms and conditions of the policy.

The Secure Insurance Solutions lets you benefit from the limited pay option where, as per the plan selected, you pay only for a limited number of years but enjoy policy coverage for the entire term.

Yes, you can choose either an endowment benefit or a regular income option at the inception of the plan. This will enable you to receive the maturity benefits either as a lump sum or as a regular income.

You can file a claim on the Tata AIA Life Insurance website by visiting our homepage, select “Where Do I” on top of the page and click on “Register Claims”. Then you can simply provide us with your policy number, claim details such as the policyholder’s name, the insured’s name, the date of the event and the type of claim. Next, you will have to update the name and the contact details of the claimant and submit the claim online.

Depending on the type of plan you have selected and the type of coverage it offers, you can file a claim for death, disability, hospitalisation, reimbursement and so on. As long as the information provided is correct and the claim is valid, it will be verified and settled in accordance with the terms and conditions of the policy.