1.
How do I claim the benefits under the product?
To file a claim with us, you can contact us via email or call:
● Send us an email: customercare@tataaia.com
● Call us at - 1860-266-9966 (local charges apply).
Alternatively, you can also visit any of our Tata AIA Life Insurance Company branch offices to file a claim for the product benefits.
2.
Is there a money-back option available?
Yes, if return of premium option is chosen. It option refunds your paid premiums (excluding discounts/claims) on policy maturity with terms and conditions applicable.
3.
What is the claim process?
To make a claim, you need to notify the insurer, fill out a claim form, and provide the necessary documents. For cashless claims, you must notify the insurer within 24 hours of hospitalisation or at least 48 hours before the planned admission. The reimbursement claim must be submitted within 30 days of discharge.
4.
Can I customise my coverage with add-on benefits?
Yes, you can customise the coverage and enhance it with add-on benefits like overseas treatment booster, Diagnostic test benefit, Return of balance premiums, waiver of premium etc. for broader protection.
5.
Is Sampoorna Care – Cancer fund a health insurance or an investment plan?
It’s a Unit Linked Health Plan (ULHP) that combines both. The plan offers cancer coverage and invests part of your premium in market-linked1 funds.
6.
Are returns guaranteed?
No, as it’s a market-linked1 plan, returns depend on fund performance.
7.
What are the tax benefits?
You can claim tax4 deductions under Section 80C for investment and Section 80D for health premium payments, as per current tax laws.
8.
What happens in case of an unfortunate incident?
A sum of 105% of total cancer premium paid till date of death and higher of (Fund value or 105% of total Health SIP premiums paid till date of death) is paid.
9.
What is the difference between traditional health insurance policies and unit-linked health insurance?
While traditional health insurance policies pay for the medical expenses only, Unit Linked Health Insurance policies include an investment component. Apart from health coverage, the policyholders can invest a certain portion of the premium in different funds.
10.
During the policy term, can I change my fund allocation?
Yes, this plan offers you the option to switch funds as per your risk appetite and financial objectives.
11.
What happens if I do not pay my premiums on time?
A grace period is usually provided by the plan (as per policy terms) if a premium is missed. Missed payments may result in reduced benefits, or premiums may be recovered from the fund value depending on the policy type and duration.