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Term Insurance

Name: टर्म लाइफ इंश्योरेंस प्लाना
Brand: Tata AIA Life Insurance
Rating: 5 (20 reviews)

Term insurance is a type of life insurance policy that provides financial protection for a specified period, known as the "term." if the policyholder passes away during this... term, the beneficiaries receive a death benefit
Term insurance is affordable, making it an attractive option for individuals seeking high coverage at low premiums. Key features include flexible policy terms (e.g., 10, 20, 30 years), optional riders^@, and tax benefits under Section 80C of the Income Tax Act.

have explored this plan recently!

पहले साल के प्रीमियम पर 15% डिजिटल छूट पाएं

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Rated by 34,200 customers

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₹50 लाख

₹ 360/प्रति माह ¹²

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₹1 करोड़

₹488/प्रति माह ⁹

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₹ 2 करोड़

₹ 798/प्रति माह ¹⁰

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₹ 5 करोड़

₹ 1832/प्रति माह ¹³

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विशाल कपूर द्वारा लिखा गया

Insurance Expert

विशाल कपूर

विशाल कपूर, -टाटा एआईए में ब्रांड & प्रोडक्ट मार्केटिंग में एवीपी हैं, जिन्हे बीएफएसआई क्षेत्र में 17 से अधिक वर्षों का अनुभव है. वे ब्रैंड रणनीति, & प्रॉडक्ट चैनल मार्केटिंग कैंपेन चलाने के लिए ज़िम्मेदार हैं.

गिरिश जे कालरा द्वारा समीक्षा की गई

Chief Marketing Officer

गिरिश जे कालरा

गिरीश जे कालरा, टाटा एआईए के चीफ़ मार्केटिंग ऑफ़िसर, कॉर्पोरेट & संचार पहलों की मार्केटिंग करने वाले संगठनों की अगुवाई कर रहे हैं.

What is Term Insurance

Term insurance ensures your family remains financially secure by covering major expenses and liabilities in the event of an unexpected death. It is the most basic type of life insurance that provides financial coverage for a set period at an affordable premium.

Unlike other plans, regular term insurance does not offer any maturity benefits. However, you can opt for a "return of premium" feature, where the premiums paid are refunded if the policyholder survives the term

हमारे सबसे अधिक बिकने वाले टर्म इंश्योरेंस प्लान

ऐसा टाटा एआईए टर्म इंश्योरेंस प्लान चुनें जो आपकी आवश्यकताओं के अनुसार होः

टाटा एआईए

संपूर्ण रक्षा प्रॉमिस

मुख्य फ़ायदे:

₹ 1 करोड़ का लाइफ़ कवर ₹ 483/माह * पर पाएं
पहले साल के प्रीमियम पर 15 प्रतिशत तक की छूट ^
100% प्रीमियम वापस पाएं ^~

प्रीमियम कैलकुलेट करें अधिक जानें

Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN:110N176V03)

टाटा एआईए

महा रक्षा सुप्रीम सेलेक्ट

मुख्य फ़ायदे:

₹ 2 करोड़ का लाइफ़ कवर ₹ 851/प्रति माह पर पाएं ^#
अपने बच्चों के लिए एजुकेशन सिक्योर के साथ सुरक्षा बढ़ाएं
पहले साल के प्रीमियम पर 10% तक की छूट

प्रीमियम कैलकुलेट करें जानिए और

Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN: 110N171V06)

Why Should You Buy a Term Insurance Plan?

Term insurance ensures your loved ones receive financial support if you pass away within the policy term. It's a budget-friendly way to secure your family's financial future in case of any eventualities.

A term insurance plan operates simply:

How Delaying Term Insurance Can Cost You?

Delay in purchasing term insurance can result in higher premiums, limited coverage, and increased financial risks for your loved ones. Act now to lock in affordable rates and secure your family's future.

Term Calculator – Check Premium in just 2 Steps

Full name (First and last)

Date of birth

Are you an NRI?

Yes

Gender

Male

Female

Do you smoke?

Yes

Mobile number

+91

Email ID

टाटा एआईए संपूर्ण रक्षा प्रॉमिस

पहले साल के प्रीमियम पर 15% तक की छूट पाएं^

टाटा एआईए संपूर्ण रक्षा प्रॉमिस

टाटा एआईए महा रक्षा सुप्रीम सेलेक्ट

टाटा एआईए सरल जीवन
बीमा

टाटा एआईए भारत सुरक्षा कवर माइक्रो इंश्योरेंस प्लान

टाटा एआईए लाइफ इंश्योरेंस संपूर्ण रक्षा सुप्रीम प्लान

Who Should Buy a Term Insurance Plan?

Term insurance is a widely embraced life insurance choice, offering vital financial protection to families in the unfortunate event of the policyholder's demise. With its affordability and simplicity, term insurance stands as an attractive option for various individuals and families across India.

Young Earners

Early-career professionals should strongly consider term insurance. It offers a safety net, guaranteeing their families' financial security in the absence of their income.

Newlyweds and Young Parents

Couples entering marriage or parenthood should opt for term insurance. It safeguards the financial future of their partners and children, acting as a crucial support system.

Sole Breadwinners

Individuals supporting their families as sole earners must prioritise term insurance. In case of their unfortunate demise, this insurance provides a necessary financial cushion for their loved ones.

Homeowners with Loans

Those with home loans should secure themselves with term insurance plan. The policy ensures that outstanding loan amounts do not burden the family if the insured passes away.

Young Debtors

Individuals with substantial debts, like education or personal loans, should seriously consider buying term insurance plan. This prevents passing on the debt responsibilities to their family.

Entrepreneurs and Business Owners

Business owners can strategically utilise term insurance benefits to ensure business continuity and support their family's finances in case of their demise.

Other Self-Employed Individuals

The self-employed should opt for term insurance policy to protect their families from the potential loss of income and business disruptions upon their demise.

Investors

Investors pay regular amounts towards investments for wealth generation, which might pause in case of their demise. Term insurance plan secures the future of an investor’s family and allows the continuation of the investments.

Individuals with Dependent Elderly Parents

Adults caring for elderly parents should explore term insurance options. This provides financial security for the parents in case of the adult child's demise.

Retirement Planning

Those approaching retirement with dependents should consider purchasing term insurance plan. It offers coverage until dependents attain financial independence, easing the retirement transition.

Senior Citizens

Senior citizens looking to secure their spouses can consider term insurance with extended terms. Tata AIA term life insurance offer whole life cover up to 100 years of age^$.

Housewives

The invaluable contributions of homemakers need recognition. Term insurance for housewives can help cover the replacement costs of their services in the event of their passing..

Women

More and more women are entering the workforce and contributing to the family income. Term insurance for women secures their families and ensures their financial stability.

Taxpayers

Term insurance premium payments can reduce overall tax liability. The premiums paid are tax-deductible^#under Section 80C of the Indian Income Tax Act.

Choosing the best term insurance plan in India involves aligning personal circumstances and responsibilities with financial goals. You can use our online term insurance premium calculator to ascertain suitable coverage amounts, policy durations and premium amounts.

Benefits of Buying Term Insurance Plans from Tata AIA

Let us see why Tata AIA is a good choice for you to buy term insurance:

99.13%

वित्त वर्ष 23-24 के लिए इंडिविजुअल डेथ क्लेम सेटलमेंट रेश्यो ¹

77 लाख +

4,00,000 करोड़ + परिवार अब तक 3

सुरक्षित हैं

सबसे ज़्यादा रिटेल सम एश्योर्ड में से एक ⁴

1 लाख करोड़ +

एसेट्स अंडर मैनेजमेंट (एयूएम) ⁵

500 + ब्रांच में

भारत के प्रमुख शहरों में उपस्थिति

सुविधा के अनुसार पेमेंट करें

सुविधा के अनुसार प्रीमियम भुगतान मोड चुनने की सुविधा

सही इंश्योरेंस प्लान चुनने में मदद चाहिए?

आज ही हमारे वित्तीय सलाहकार से बात करें

सबसे उपयुक्त इंश्योरेंस प्लान चुनने के लिए अपनी खास ज़रूरतों के लिए पर्सनलाइज़्ड गाइडेंस पाएं.

अधिक जानकारी चाहिए?
हम आपकी मदद करेंगे

नाम

टाटा एआईए टर्म इंश्योरेंस प्लान बेनिफिट :

01

पूरे जीवन का कवरेज

टर्म प्लान जैसे टाटा एआईए संपूर्ण रक्षा प्रॉमिस 100 साल की उम्र तक का कवरेज प्रदान करते हैं ^$ , जो आपके पूरे जीवनकाल में सुरक्षा प्रदान करते हैं और आपकी अनुपस्थिति में भी आपके प्रियजनों के लिए वित्तीय सुरक्षा सुनिश्चित करते हैं.
02

एक्स्टेंसिव कवर, किफ़ायती प्रीमियम

किफ़ायती प्रीमियम दरों पर पर्याप्त कवरेज का आनंद लें, जिससे आप अपने बजट पर दबाव डाले बिना अपने परिवार का वित्तीय भविष्य सुरक्षित कर सकते हैं. उदाहरण के लिए, एक 20 वर्षीय महिला को 483 रुपये प्रति माह से शुरू होने वाले प्रीमियम पर ₹1 करोड़ का कवरेज मिल सकता है *.
03

प्रीमियम का रिटर्न

टाटा एआईए संपूर्ण रक्षा प्रॉमिस रिटर्न ऑफ़ प्रीमियम प्रदान करता है, जिसमें अगर पॉलिसीहोल्डर पॉलिसी अवधि तक जीवित रहता है, तो भुगतान किए गए प्रीमियम वापस कर दिए जाते हैं. इंश्योर्ड व्यक्ति 100% प्रीमियम को लम्पसम या नियमित भुगतान के रूप में प्राप्त कर सकता है.
04

राइडर्स का विकल्प

टाटा एआईए अपने टर्म प्लान के साथ राइडर^@ के कई विकल्प प्रदान करता है, जिससे आप अपनी खास ज़रूरतों के हिसाब से अपने कवरेज को कस्टमाइज़ कर सकते हैं. आप वेवर ऑफ़ प्रीमियम राइडर, एक्सीडेंटल डेथ और डिसेबिलिटी राइडर और कॉम्प्रिहेंसिव हेल्थ और प्रोटेक्शन राइडर में से चुन सकते हैं.
05

हेल्थ कवर

हेल्थ राइडर्स के साथ स्वास्थ्य-आधारित बीमा समाधान और टाटा एआईए वाइटैलिटी ⁶ जैसे वेलनेस ऑफ़र वाले कॉम्बो प्लान का फायदा उठाएं, जो आपकी वेलनेस स्थिति के आधार पर राइडर प्रीमियम पर छूट^^ पाने में आपकी मदद कर सकते हैं.
06

टर्मिनल इलनेस बेनिफिट

टर्मिनल इलनेस ⁷ डायग्नोसिस के मामले में, मेडिकल खर्चों को मैनेज करने और चुनौतीपूर्ण समय में आर्थिक सहायता प्रदान करने के लिए 50% त्वरित पेआउट पाएं.
07

लाइफ स्टेज बेनिफिट

टर्म इंश्योरेंस प्लान जीवन के हर पड़ाव में फ़ायदे प्रदान करते हैं ^~~, आपकी बदलती जीवन परिस्थितियों, जैसे कि शादी, बच्चे के जन्म/बच्चा गोद लेने या होम लोन का लाभ उठाने के अनुसार कवरेज और लाभ को एडजस्ट करते हैं.
08

इनबिल्ट कवर के साथ कॉम्बिनेशन प्लान

टाटा एआईए कॉम्बिनेशन प्लान पेश करता है जो बिल्ट-इन कवर के साथ आते हैं, जिससे आप एक ही बीमा पॉलिसी के ज़रिए सुरक्षा और स्वास्थ्य जैसी कई वित्तीय ज़रूरतों को पूरा कर सकते हैं.
09

सुविधाजनक प्रीमियम भुगतान विकल्प

प्रीमियम भुगतान विकल्पों जैसे - मासिक, त्रैमासिक या सालाना, में सुविधा का आनंद लें, जिससे आप अपनी वित्तीय स्थिति के अनुकूल भुगतान फ्रीक्वेंसी चुन सकते हैं.
10

पेआउट विकल्पों का विकल्प

आप कई सम एश्योर्ड पेआउट विकल्पों में से चुन सकते हैं, जैसे कि लम्पसम भुगतान, रेगुलर इनकम, या दोनों का कॉम्बिनेशन, जिससे आपके प्रियजन को वित्तीय सुविधा मिलती है.
11

क्लेम सेटलमेंट रेश्यो

वित्त वर्ष 2023-24 में 99.13% के इंडिविजुअल डेथ क्लेम सेटलमेंट रेश्यो के साथ, टाटा एआईए चुनौतीपूर्ण समय के दौरान क्लेम को तुरंत पूरा करने और पॉलिसीधारकों के परिवारों की सहायता करने के लिए एक मजबूत प्रतिबद्धता का संकेत देता है.
12

टैक्स बेनिफिट

^{टर्म इंश्योरेंस प्लान और हेल्थ राइडर के लिए भुगतान किए गए प्रीमियम} पर इनकम टैक्स अधिनियम की धारा 80सी और 80डी के तहत टैक्स में कटौती की जा सकती है, जिससे आप टैक्स बचा सकते हैं. इसी तरह, आपके नॉमिनी को दिए गए डेथ बेनिफिट या रिटर्न-ऑफ-प्रीमियम टर्म प्लान के तहत मिलने वाले मैच्योरिटी बेनिफिट पर सेक्शन 10 (10डी) के तहत टैक्स से छूट दी जाती है.

How Much Term Insurance Cover Do You Need?

When is the Right Time to Buy Term Insurance?

कम उम्र में टर्म इंश्योरेंस खरीदने के कुछ फायदे यहां दिए गए हैंः

लोअर प्रीमियम : युवा व्यक्ति ज्यादा किफ़ायती इंश्योरेंस प्रीमियम का आनंद लेते हैं.

लंबी अवधि की बचत : कम उम्र से ही निवेश करने से समय के साथ लागत में काफी बचत होती है.

वित्तीय सुरक्षा : कम उम्र से ही विस्तारित कवरेज और वित्तीय सुरक्षा प्रदान करता है.

स्वास्थ्य लाभ : इससे पहले कि स्वास्थ्य समस्याओं के विकास का जोखिम बढ़ जाए, कवरेज लॉक करें.

मन की शांति : यह सुनिश्चित करता है कि अप्रत्याशित घटनाओं के मामले में प्रियजन आर्थिक रूप से सुरक्षित रहें.

टैक्स लाभ : लागू टैक्स कानूनों के अनुसार इनकम टैक्स ^# लाभ प्राप्त करें.

क्यों यह टर्म इंश्योरेंस खरीदने का सही समय है - उम्र और बेहतर स्वास्थ्य स्थितियों के कारण प्रीमियम कम होते हैं.

एज समूह
आपके 20 के दशक में	भविष्य में लोन या पारिवारिक जिम्मेदारियों को सुरक्षित करने के लिए आदर्श.
आपके 30 के दशक में	शादी, बच्चे, और होम लोन के साथ वित्तीय जिम्मेदारियां बढ़ जाती हैं. अपने परिवार के वित्तीय भविष्य की रक्षा करें
आपके 40 के दशक में	- कमाई ज़्यादा लेकिन शिक्षा और रिटायरमेंट प्लानिंग जैसी बड़ी ज़िम्मेदारियाँ. - जैसे-जैसे आपकी उम्र बढ़ती है, आपके परिवार की जरूरतों को सुरक्षित करता है.
आपके 50 के दशक में	- आश्रितों के लिए वित्तीय स्थिरता प्रदान करता है. - लिगेसी प्लानिंग में सहायता करता है और बकाया देनदारियों को कवर करता है.

How to Buy Term Insurance?

Buying term insurance online is simple and hassle-free:

How Does a Term Plan Work?

A term insurance plan operates simply:

Purchase:

You select a coverage amount, policy tenure and riders and pay regular premiums for continued coverage.
Coverage Period:

The plan provides protection only during the chosen term. This can be 20 years, 40 years or even up to 100 years of age^$
Death Benefit:

If you pass away during this time, your beneficiaries receive a tax-free# sum assured, either as a lump sum or regular payments.
No Cash Value:

Term insurance lacks a savings component and focuses solely on risk coverage and pure life cover.
Return of Premium:

Some term plans offer the sum of all premiums paid as a maturity/survival benefit.
Affordable:

Term plans offer cost-effective coverage. Younger, healthier individuals generally pay lower premiums.

What happens if You Surrender Your Term Insurance Policy?

If you surrender a term life insurance policy, you forfeit the death benefit. It means your policy nominee cannot make a claim against the surrendered policy. It is advisable to carefully consider your insurance and financial needs before surrendering a term insurance policy.

Features of Term Insurance

Here are the key term insurance features:

Low entry age

Our term insurance plans are available to policy buyers with a minimum entry age of 18. This means you need not wait until much later in life to protect yourself financially with our basic term plans.

Whole life cover

Our term plans have flexible plan durations. You can protect yourself for the maximum plan term. For example, our Tata AIA Sampoorna Raksha Promise plan has an option of whole life coverage up to 100 years of age^$.

Payment flexibility

With Tata AIA, you can choose the premium payment mode - Single Pay, Regular Pay, and Limited Pay. You can also select the premium payment frequency (monthly/quarterly/half-yearly/annually) per your budget and fund availability.

Adjustable cover

Our term plans allow you to adjust your plan coverage with your changing insurance needs at different milestones and life stages. With our Life Stage Benefit^~, increase life cover at important milestones.

Regular income

You can choose the mode of death benefit payment depending on the needs of your family. You can opt for a lump sum payment, lump sum + regular monthly payment or entire sum assured as regular monthly payouts.

Cover against critical illnesses

You can opt for our Comprehensive Health Rider or the Comprehensive Protection Rider and get protection against a wide range of critical illnesses^$$, such as cancer, heart-related ailments, kidney failure, etc.

Return of Premium on Maturity

You can choose to get a maturity benefit with term insurance. Tata AIA term plans, such as Tata AIA Sampoorna Raksha Promise offer 100% of all premiums paid** as a survival benefit.

Accidental Death and Disability Cover

The sudden disability or death of the earning member can disrupt their earning capacity. Add-on riders^@ with accidental death and disability cover protect the family’s financial stability.

How to Choose the Best Term Insurance Plan?

Policy cover amount

Before buying a term insurance policy, it is important to determine the sum assured your family should receive in your absence and ensure that it covers all their financial needs and emergencies.

Tata AIA Benefit: You can use our online term insurance calculator to understand the coverage you need to protect your family.

Term Insurance Premium

The term insurance premium is a regular, long-term amount. You need to assess and account for the same to better structure your budget. Hence, be sure that the amount of the term insurance premiums you choose to pay for your plan ensures sufficient coverage.

Tata AIA Benefit: Our term plan calculator helps you compare plans on the basis of the premium.

Eligibility Criteria

While you can purchase a policy as per eligible age applicable for the product, it is always advisable to get a term plan as early as possible to avail of low term insurance premiums in return for higher insurance coverage for your family

Tata AIA Benefit: You can purchase a term insurance plan as early as from 18 years of age.

Payout Options

If your loved ones need a regular income for a fixed period, you can go ahead with this choice or choose a lump sum payout. Alternatively, you can also choose a combination of a fixed period income and lump sum if it suits your beneficiaries.

Tata AIA Benefit: We offer multiple payout modes - Lump sum / Regular / Lump Sum+Regular: to help you secure your family in the best manner possible.

Claim Settlement Ratio

Consider the claim settlement ratio of the insurance provider as it determines their ability to settle your claims effectively and on time when the need arises. Higher the claim settlement ratio, better the chances of your beneficiaries receiving the claim on time.

Tata AIA Benefit: Tata AIA Life Insurance has an Individual Death Claim Settlement Ratio of 99.13%¹ for FY 23–24.

Riders / Add-on cover

Choose riders that offer benefits such as protection against critical illnesses^$$, accidental death and disability, waiver of premium benefits and so on, as per your unique needs for targeted protection against various circumstances.

Tata AIA Benefit: We offer a choice of add-on riders^@for protection to help you enhance your term plan protection.

Inflation

Always ensure that the sum assured you select for your family’s needs also accounts for the inflation rates over the years. The financial needs your family has today will not be the same after 10 years and so, consider how much more coverage they will need in the future.

Tata AIA Benefit: We offer a Life Stage Benefit^~ with our term insurance plans to allow increasing the sum assured at important milestones, such as marriage, birth/adoption of a child, etc.

Policy comparison

It is always better to compare term insurance plans and make an informed choice instead of picking the first plan you see. Comparing term policies helps you decide which features and benefits are best suited for your needs.

Tata AIA Benefit: We offer a wide range of term insurance plans, coverage options and protection + wellness combination solutions to suit varied insurance and budget needs.

Engage an insurance advisor

If you want to understand how to choose the best term insurance plan, you can get some help from your financial advisor or even contact your insurance company for further assistance.

Tata AIA Benefit: We offer round-the-clock assistance through our customer support. Additionally, you can visit our website and schedule a consultation with our expert advisors.

Policy terms and conditions

Read the insurance policy’s terms and conditions. It helps you understand the plan in detail and most importantly, know what the policy does not cover. This can help your beneficiaries avoid any confusion regarding the policy and payouts.

Tata AIA Benefit: Detailed policy literature, including sales brochures, policy bond, etc. is available online and can be accessed for an in-depth understanding. You can also access our vast repository of blogs and other supporting content for a detailed understanding of all products and services.

How Long Should the Term Insurance Policy Period Be?

Choosing the best term insurance period can be confusing for many since insurers offer a flexible policy tenure that starts from 5 years and goes up to several years.

Buying a term plan for a short duration may not be sufficient to cover your financial needs. On the other hand, choosing an unnecessarily prolonged period will make you pay policy premiums beyond your requirements.

Since most people meet their financial obligations by the time they retire, choosing a term plan that ends close to their retirement time is advisable.

However, if you anticipate financial responsibilities and dependents beyond retirement or if you wish to leave behind a financial corpus for your loved ones, opt for a term plan with whole-life coverage up to 100 years of age^$.

What are the Payout Options in Term Life Insurance?

When you buy a term insurance plan, you will be asked to name a policy nominee who will be entitled to the policy benefits in case of an unfortunate event. You must also select the term insurance payout option you want for the plan beneficiary. Here are the various payout options you can choose from:

भुगतान विकल्प	विवरण	उदाहरण	कब खरीदें
वन टाइम लम्प सम पेआउट	सबसे सीधा प्रकार का भुगतान वन-टाइम लम्पसम मेथड है. यहां, आपके पॉलिसी नॉमिनी को सिंगल भुगतान के रूप में डेथ बेनिफिट के लिए पूरी बीमा राशि प्राप्त होती है.	यदि आप ₹2 करोड़ की इंश्योर्ड राशि चुनते हैं और पॉलिसी बेनिफिशियरी के रूप में अपने जीवनसाथी का नाम लेते हैं, कवर की गई स्थितियों में आपके जीवनसाथी को सिंगल पेमेंट के तौर पर ₹ 2 करोड़ मिलेंगे.	अगर आपको भरोसा है कि आपके बेनिफिशियरी सिंगल लम्पसम राशि को कुशलता से मैनेज कर पाएंगे या किसी बड़े खर्च के लिए महत्वपूर्ण राशि की आवश्यकता हो सकती है, तो आप इस पेआउट विकल्प का विकल्प चुन सकते हैं.
निश्चित मासिक भुगतान	इस भुगतान विकल्प के तहत, आपके प्लान के बेनिफिशियरी को इंश्योरर से नियमित भुगतान के रूप में डेथ बेनिफिट प्राप्त होता है. यहाँ, बीमा राशि आपकी अनुपस्थिति में आपके परिवार के लिए इनकम का एक नियमित स्रोत है.	यदि आप ₹2 करोड़ की इंश्योर्ड राशि चुनते हैं और 5 वर्षों के लिए रेगुलर पेआउट का विकल्प चुनते हैं, तो राशि को 60 यूनिट में विभाजित किया जाएगा और मासिक रूप से भुगतान किया जाएगा.	अगर आप चाहते हैं कि डेथ बेनिफ़िट मंथली इनकम रिप्लेसमेंट के तौर पर काम करे, तो रेगुलर पेआउट बहुत अच्छे हैं. यह बहुत अच्छी बात है अगर नॉमिनी युवा हैं और लम्पसम राशि को कुशलता से मैनेज नहीं कर पाते हैं.
वन-टाइम लम्प सम + निश्चित मासिक भुगतान	यह विकल्प लम्पसम और नियमित भुगतान विकल्पों का कॉम्बिनेशन है. यहाँ, पॉलिसी के नॉमिनी को बीमा राशि का एक हिस्सा लम्पसम और शेष राशि एक निश्चित अवधि के लिए नियमित भुगतान के रूप में मिलती है. आप यह तय कर सकते हैं कि डेथ बेनिफिट को दो भुगतान विकल्पों के बीच कैसे विभाजित किया जाए.	आप ₹2 करोड़ की इंश्योर्ड राशि चुनते हैं और 5 साल के लिए नियमित मासिक भुगतान के रूप में इंश्योर्ड राशि के 50% और बाकी 50% के लम्पसम भुगतान का विकल्प चुनते हैं. इस स्थिति में, बेनिफिशियरी को ₹1 करोड़ का भुगतान तुरंत किया जाएगा और शेष ₹1 करोड़ का भुगतान अगले 60 महीनों में किया जाएगा.	यह विकल्प परफेक्ट है अगर आपके पास कोई लोन या अन्य मेजर वित्तीय देनदारियां हैं जिन्हें रिपेड करना है. परिवार किसी भी लोन को चुकाने के लिए लम्पसम पेआउट का उपयोग कर सकता है और फिर रोजमर्रा के खर्चों के लिए मासिक भुगतान का उपयोग कर सकता है.

Factors That Can Affect Your Term Insurance Premiums

Term insurance premiums vary for each policyholder based on several factors. Understanding these factors can help you take steps to reduce your premiums.

Age:

Most important factor in determining term insurance premiums. As younger people have lesser risk compared to older people.
Sum assured:

The higher the sum assured, the higher is the cost of covering the policyholder. As a result, a ₹2-crore term insurance plan will be more expensive than a ₹1-crore term insurance plan.
Individual and family medical history:

Illnesses like cancer and heart ailments can be genetic. The premium can be higher for people with existing medical conditions or with family history of certain issues to account for the higher risk of claims.
Gender:

Research has shown that women tend to have a longer average lifespan than men. Therefore, female term policy buyers usually enjoy lower premiums on their term plans as they are likely to pay premiums for a longer period than men.
Lifestyle:

Term insurance premiums are higher for people who engage in high-risk activities, like adventure sports and bike racing. Moreover, the term plan premium is higher for professionals who work in high-risk environments regularly, like pilots.
Smoking and drinking habits:

People who consume alcohol or smoke have to pay higher term insurance premiums than others because of the negative impact of these substances on health.
Policy tenure:

The premium for longer tenures will be lower than for shorter policy tenures for the exact coverage due to the assurance of long-term premium payments.

What is a Term Insurance Rider?

Importance of Sum Assured in Term Insurance

Sum assured in term insurance is the amount the policy beneficiaries get in case of the policyholder's demise when the policy is active. It is a guaranteed amount decided at the term plan’s inception as a death benefit against the policy.

Getting a sufficient sum assured is crucial when buying term insurance because it is the actual amount your family members will receive from the insurer. Thus, you must ensure that the sum assured is sufficient to cover your family’s continuing and future financial liabilities.

However, remember that the term insurance premium is directly affected by the sum assured. Selecting an unreasonably high sum assured can be a financial burden for you.

टर्म इंश्योरेंस ऑनलाइन क्यों खरीदें?

निम्नलिखित फायदों के लिए टर्म इंश्योरेंस प्लान ऑनलाइन खरीदेंः

बेहतर समझ

ऑनलाइन टर्म इंश्योरेंस खरीदने से आपको पॉलिसी के सभी दस्तावेज़ों और ज़रूरी जानकारी का तुरंत ऐक्सेस मिलता है. आपको अपने टर्म प्लान के फायदों और सीमाओं की स्पष्ट तस्वीर मिलती है और आप आत्मविश्वास से खरीदने का निर्णय लेते हैं.
प्लान की तुलना

आप कई इंश्योरेंस कंपनियों की वेबसाइट पर जा सकते हैं और उनके प्लान की तुलना कर सकते हैं. आप अपने चुने हुए बीमाकर्ता की वेबसाइट पर भी जा सकते हैं और विभिन्न ऑफ़र देख सकते हैं. इस तरह, आप अपने वित्तीय लक्ष्यों के हिसाब से सबसे अच्छा टर्म प्लान चुन सकते हैं.
डिस्काउंट और ऑफ़र

टर्म इंश्योरेंस ऑनलाइन खरीदकर, आप इंश्योरर द्वारा दी जाने वाली डिजिटल छूट का फायदा उठा सकते हैं, जिससे आपको कम प्रीमियम पर हाई कवरेज सुरक्षित करने में मदद मिलती है.
ट्रंपेरेन्सी

ऑनलाइन ख़रीदते समय, आप अपने सभी दस्तावेज़ और जानकारी सीधे बीमाकर्ता को सबमिट कर देते हैं. इसके अलावा, आप खरीद प्रक्रिया के हर स्टेप में सक्रिय रूप से शामिल होते हैं, जिससे इंश्योरर के साथ आपका विश्वास और संतुष्टि स्थापित करने में मदद मिलती है.
कम समय

टर्म इंश्योरेंस ऑनलाइन ख़रीदने के लिए कम समय और कम मेहनत की ज़रूरत होती है. आपको बीमाकर्ता की ब्रांच में जाने की ज़रूरत नहीं है. आप अपने घर पर आराम से वेबसाइट एक्सेस कर सकते हैं, और पूरी प्रोसेसिंग डिजिटल रूप से की जाती है.
मल्टीपल सिक्योर पेमेंट ऑप्शन

आप ख़रीदारी के दौरान तेज़, सुरक्षित और सुविधाजनक भुगतान विकल्पों में से चुन सकते हैं. आप अपने द्वारा चुने गए मोड और फ़्रीक्वेंसी के आधार पर अपने प्रीमियम का भुगतान करते समय भी इन विकल्पों को चुन सकते हैं.

How to Make Term Insurance More Affordable?

Worried about the term insurance plans cost? Here are a few ways to get affordable term insurance:

Start early

As explained, buying term insurance at a young age can help you save significantly on the term insurance cost. With an early purchase, you can get long-term insurance for smaller and regular payments on term insurance.

Avoid smoking

Smoking can increase your term insurance cost. Therefore, avoid smoking for a healthier life and also to reduce your term plan premiums. Ensure that you disclose it to your insurer if you smoke or have any other health ailments. Providing incorrect or incomplete information can put your family in difficulty when claiming the death benefit on your term policy.

Choose the right tenure

A term plan with a longer duration will require you to pay policy premiums for longer. Therefore, choose the policy term wisely to ensure coverage till you genuinely require it.

Develop healthy habits

A healthy lifestyle can keep diseases and ailments at bay. Since insurers require your medical history and test reports to decide your term insurance premium, a healthier lifestyle will help you get a cheaper term policy quote and enjoy a longer, healthier life as a bonus.

How Does a Term Plan Secure Your Family’s Financial Future?

लाइफ एक्सपेक्टेंसी का महत्व

भारत में लाइफ एक्सपेक्टेंसी दरों में वर्षों के दौरान सुधार हुआ है. हालांकि, वे अभी भी विभिन्न चुनौतियों से प्रभावित रहते हैं, जैसे कि बढ़ते तनाव के स्तर, गतिहीन लाइफ स्टाइल और प्रदूषण. विश्व स्वास्थ्य संगठन (डब्ल्यूएचओ) के अनुसार, वैश्विक औसत लाइफ एक्सपेक्टेंसी लगभग 71 वर्ष है. लेकिन, लाइफस्टाइल बीमारियों ने मृत्यु दर के जोखिमों को काफी बढ़ा दिया है, खासकर भारत जैसे विकासशील देशों में. ये अनिश्चितताएं वित्तीय तैयारी की अत्यावश्यक ज़रूरतों को उजागर करती हैं.

एक टर्म इंश्योरेंस प्लान इन जोखिमों के सामने आपके परिवार के लिए वित्तीय सुरक्षा जाल के रूप में कार्य करता है. असामयिक मृत्यु की स्थिति में, यह सुनिश्चित करता है कि आपके प्रियजन बकाया लोन, दैनिक खर्चों और भविष्य के वित्तीय लक्ष्यों, जैसे कि आपके बच्चे की शिक्षा या शादी के बोझ से सुरक्षित रहें. किफायती प्रीमियम के साथ, टर्म प्लान हाई कवरेज प्रदान करते हैं, जिससे परिवार चुनौतीपूर्ण समय में भी अपनी वित्तीय स्वतंत्रता बनाए रख सकते हैं. एक ऐसी दुनिया में जहां जीवन की घटती गुणवत्ता एक बढ़ती चिंता बन गई है, टर्म इंश्योरेंस सिर्फ एक प्लान नहीं है, बल्कि आपके परिवार के भविष्य की सुरक्षा के लिए एक लाइफ़लाइन है.

इनसाइट्स

इनकम रिप्लेसमेंट

टर्म प्लान का मुख्य उद्देश्य आपकी आय को रिप्लेस करना होता है, अगर पॉलिसी अवधि के दौरान आपकी मृत्यु हो जाती है.
आपके नॉमिनी को टैक्स-फ्री इंश्योर्ड राशि मिलती है, यह सुनिश्चित करते हुए कि उन्हें ज़रूरी खर्चों को कवर करने के लिए वित्तीय सहायता मिले.
हेल्थ क्राइसिस मैनेजमेंट

क्रिटिकल इलनेस और टर्मिनल इलनेस राइडर⁷ के बेनिफिट कवर की गई बीमारी के डायग्नोसिस के मामले में वित्तीय सहायता प्रदान करते हैं. इस तरह, आपका परिवार इलाज के खर्चों की चिंता किए बिना आपकी सेहत पर ध्यान दे सकता है.
शिक्षा और भविष्य के लक्ष्य

टर्म प्लान से मिलने वाले पेआउट का इस्तेमाल आपके बच्चों की शिक्षा या घर खरीदने या बिज़नेस शुरू करने जैसे अन्य लंबी अवधि के वित्तीय लक्ष्यों के लिए किया जा सकता है. यह आपके परिवार को इन ख्वाहिशों को पूरा करने में मदद करता है, यहाँ तक कि आपकी अनुपस्थिति में भी.
लाइफ स्टाइल बनाए रखना

आपका परिवार बिना किसी बड़े व्यवधान के अपनी वर्तमान लाइफ स्टाइल को जारी रख सकता है, जिसमें किराने का सामान, बिल, खरीदारी, किराया/रखरखाव, संपत्ति कर, निवेश, इंश्योरेंस प्रीमियम आदि जैसे खर्च शामिल हैं.
इमरजेंसी फ़ंड

टर्म इंश्योरेंस पेआउट एक इमरजेंसी फंड के रूप में काम कर सकता है, जो अप्रत्याशित परिस्थितियों के कारण उत्पन्न होने वाले अप्रत्याशित खर्चों या मेडिकल बिलों को पूरा करने के लिए वित्तीय सुविधा प्रदान करता है.
टैक्स बेनिफिट

मौजूदा टैक्स कानूनों के अधीन, टर्म इंश्योरेंस का देय डेथ बेनिफ़िट, इनकम टैक्स एक्ट के सेक्शन 10 (10D) के तहत टैक्सेशन ^# से छूट प्राप्त है. इस तरह, आपका परिवार किसी भी टैक्स देनदारियों की चिंता किए बिना एक महत्वपूर्ण पेआउट का आनंद ले सकता है.
मन की शांति

सबसे महत्वपूर्ण, टर्म लाइफ इंश्योरेंस प्लान मन की शांति प्रदान करता है. यह जानने से कि आपका परिवार आर्थिक रूप से सुरक्षित है, आप अपनी जिम्मेदारियों पर ध्यान केंद्रित कर सकते हैं और इस चिंता के बिना जीवन का आनंद ले सकते हैं कि आपकी अनुपस्थिति में उनका क्या हो होगा.

टर्म इंश्योरेंस के लिए ज़रूरी दस्तावेज़ों की लिस्ट

ड्राइविंग लाइसेंस वोटर आईडी कार्ड वोटर आईडी कार्ड ड्राइविंग लाइसेंस मास्केड आधार कार्ड यूआईडीएआई द्वारा जारी पत्र मास्केड आधार कार्ड राष्ट्रीय जनसंख्या रजिस्टर यूआईडीएआई द्वारा जारी पत्र राष्ट्रीय जनसंख्या रजिस्टर

मान्य पते का प्रमाण	वैध आईडी प्रूफ
पासपोर्ट	पैन कार्ड
मतदाता आईडी कार्ड	पासपोर्ट


	एनआरईजीए द्वारा जारी नौकरी कार्ड राज्य सरकार के एक अधिकारी द्वारा विधिवत हस्ताक्षरित

ये सिर्फ सुझाव देने वाले दस्तावेज़ हैं, और लाइफ इंश्योरेंस कंपनी पॉलिसी की शर्तों के आधार पर अतिरिक्त दस्तावेज़ों का अनुरोध कर सकती है.

Eligibility Criteria for Term Insurance

Key Takeaways

Affordable Protection:

Term insurance offers high coverage at low premiums, ensuring financial security for your loved ones.
Life Stage-Based Planning:

It’s essential to buy term insurance early to benefit from lower premiums and comprehensive coverage tailored to life stages.
Family’s Financial Safety Net::

In case of the policyholder’s untimely death, a term plan ensures financial stability for dependents, covering daily expenses, debts, and future goals.
Relevance Amidst Declining Life Quality:

With increasing lifestyle-related risks and lower life quality, term insurance acts as a vital financial safeguard.
Customisable Options:

Many term plans offer add-ons, such as critical illness riders, ensuring enhanced protection.

Key Terms Related To Term Life insurance Plans

Coverage

The total financial protection or amount payable to your beneficiaries under the term insurance policy in case of the policyholder’s death during the policy term.
Insurability

The policyholder’s eligibility for insurance coverage, determined based on factors like age, health, occupation, and lifestyle.
Maturity Date

The date on which the term insurance policy ends, and any maturity benefits (if applicable) are payable to the policyholder.
Nomination

The process of appointing a person (nominee) to receive the policy benefits in case of the policyholder's untimely demise.
Premium

The amount you pay periodically to maintain your term insurance policy and keep the coverage active.
Surrender Value

The amount the policyholder may receive if they choose to terminate the term insurance policy before its maturity date (not typically applicable to pure term plans).
Individual Death Claim Settlement Ratio

The percentage of claims settled by the insurer against the total death claims received in a financial year, indicating the insurer’s reliability.
Add-On Benefits or Riders

Additional coverages, such as critical illness or accidental death riders, that can be added to the base term insurance policy for enhanced protection.
Sum Assured

The guaranteed amount payable to the nominee in case of the policyholder’s death during the policy term.
Death Benefit

The financial payout provided to the nominee upon the death of the insured during the policy term.
Insured

The person whose life is covered under the term insurance policy.
Maturity Claim

The amount payable (if applicable) to the policyholder if they survive the policy term and the term plan includes a return of premiums feature.
Vesting Age

The age at which the policyholder becomes eligible to receive benefits from their term insurance policy.

अधिक जानकारी चाहिए?
हम आपकी मदद करेंगे

नाम

टर्म इंश्योरेंस से संबंधित आर्टिकल

टर्म लाइफ़ इंश्योरेंस के बारे में विस्तृत गाइड

टर्म प्लान जल्दी खरीदना एक समझदारी भरा निर्णय क्यों हो सकता है?

रिटर्न ऑफ़ प्रीमियम के साथ टर्म प्लान: एक संपूर्ण गाइड | टाटा एआईए ब्लॉग

टर्म इंश्योरेंस प्लान खरीदने की सही उम्र क्या है?

कपल्स के लिए ज्वाइंट टर्म लाइफ़ इंश्योरेंस वार्सिस सिंगल टर्म इंश्योरेंस | टाटा एआईए ब्लॉग

ऑफलाइन बनाम ऑनलाइन टर्म प्लान: आपको किसे चुनना चाहिए

टर्म इंश्योरेंस बनाम एंडोमेंट प्लान: किसके ज़्यादा फ़ायदे हैं?

यदि आप एक युवा परिवार के मुखिया हैं तो टर्म प्लान खरीदने के 5 कारण

पॉलिसी खरीदने के बाद टर्म प्लान कवरेज कैसे बढ़ाएं?

3 तरह के लोग जिन्हें रिटर्न ऑफ़ प्रीमियम के साथ टर्म इंश्योरेंस खरीदने पर विचार करना चाहिए

भारत में आपके लिए सबसे अच्छा टर्म इंश्योरेंस कौन सा है?

टर्म प्लान खरीदने से पहले पूछे जाने वाले 10 सवाल

Quick Facts
Policy
Cover
Premium
Claim

1.Can I buy term insurance plans online?

Yes, you can buy a term insurance plan online. In fact, there are several benefits of buying a term plan online, like, you can make a more informed buying decision, avail online discounts from the insurer, compare multiple term plan offerings, purchase a term plan quickly, etc.

2.Is it better to have more than one term insurance plan?

Though people can have more than one term insurance plan, having a single policy with coverage suffices for your family’s needs is better. With multiple term insurance plans, the burden of remembering term insurance premium payment dates and the insurance cost increases and can become difficult to maintain.

3.How much term insurance cover does one need?

According to financial experts, a term insurance policy coverage must be a minimum of 15 to 20 times the insured’s existing income.

4.Do Tata AIA Life Insurance term plans offer a free-look period?

Yes, Tata AIA Life Insurance offers a free look period of 15 days on the term insurance plans purchased offline, while the free look period is extended to 30 days in case of term plans purchased online.

5.Can I avail of tax benefits under a term insurance plan?

Yes, term plans offer tax benefits^#under Section 80C of the Income Tax Act. Term insurance premiums paid towards the policy are eligible for tax deductions, and the death benefits qualify for tax exemptions as per applicable tax laws.

6.Is it good to invest in term insurance?

Yes, term insurance is a great investment choice because it provides a high sum assured for a low policy premium and ensures your loved ones are protected even in your absence.

7.How to find the best term insurance?

To find the best term insurance, calculate your coverage needs and select an insurer with a high claim settlement ratio. Compare term plans online to find the best fit and use online discounts to reduce your premiums.

8.What is the difference between a term plan and a term plan with a return of premium?

A term plan offers pure life cover protection to your family in the event of the untimely demise of the life assured. If you survive the policy term and once the policy term is over, no other benefits are payable after the coverage ends.

In the case of a term plan with a return of premium, your loved ones can avail of a death benefit from the term plan sum assured in case of your untimely demise. And if you survive the policy term, the term plan will offer a return of the total premiums paid on maturity.

1.What are the term insurance policies offered by Tata AIA Life Insurance?

The popular term insurance policies offered by Tata AIA Life Insurance are:

Tata AIA Sampoorna Raksha Promise
Tata AIA Maha Raksha Supreme Select

2.What happens at the end of your term life insurance policy?

At the end of your term life insurance policy, your life insurance coverage will be terminated, and the term plan benefits will no longer be valid.

3.What is the best age to buy a term insurance plan?

You can buy term insurance at any age, depending on how many years you want to provide life insurance coverage for your family. However, the earlier you purchase a term plan, such as in your 20s, the better, as premiums are lower when you're young and healthier.

4.What happens to term insurance after maturity?

If you have a term plan with a return of premiums, the policy will pay out a total of all the premiums paid during the policy term, subject to your survival till the end of the policy term. If you have a pure term plan that only offers a simple life cover, there will be no maturity benefits at the end of the policy term.

5.Should I buy a term or traditional life insurance plan?

A traditional life insurance plan can offer you and your family life insurance coverage. However, such plans are quite standard and may not offer a lot of flexibility in terms of the sum assured, the policy period, or the premium payment term.

On the other hand, a term insurance policy enables you to avail of a large sum assured for very affordable premiums. You can further reduce your premium payments by choosing a longer premium payment term and policy term that protects your family for a longer period.

6.Do I need a term plan in my 50s or 60s?

A term insurance plan can secure you in multiple ways. While you may not be able to provide financial protection to your family if you buy a term plan late in life, you can add rider benefits to the plan and avail of financial protection in various circumstances like illness and accident.

7.What are the types of term insurance policies?

These are the following types of term insurance policies:

Level Term Plans
Increasing Term Insurance
Decreasing Term Insurance
Convertible Term Plans
Return of Premium Term Plans

8.What if I become an NRI after purchasing a term plan?

If you become an NRI after purchasing a term plan in India, you can continue paying the premiums through a Non-Resident Ordinary (NRO) account in Indian currency while the policy offers life insurance coverage. In case of your demise, whether abroad or in India, your nominee can file the claim, and the death benefits will be paid out to your family.

9What will happen if I don’t die till my term plan is over?

In case you opt for a term insurance plan with no Return of Premium benefits, then if you survive the policy term of your pure term plan, the policy will end, and no additional benefits are applicable.

10..How can I renew my Tata AIA Life Insurance term plan?

You can renew your term insurance plan online with Tata AIA with a quick, simple, and online renewal method to continue enjoying your policy benefits with us.

1.Is natural death covered under term insurance?

Yes, all types of natural deaths are covered under term insurance. Please refer to the policy document for detailed information on specific term insurance policy inclusions and exclusions.

2.How to choose the sum assured of a term plan?

The sum assured of a term insurance plan will be based on the financial support needed by your family at a future date. Therefore, you will have to consider all their expenses, any major events, outstanding loans, and debts, as well as the inflation rate while deciding on a term plan sum assured.

3.What riders can I add to my Tata AIA term plans?

These are the following riders^@ you can add to your Tata AIA term insurance plan:

Tata AIA Vitality Protect - A Non-Linked, Non- Participating Individual Health rider (UIN:110B046V02)
Tata AIA Vitality Health - A Non-Linked, Non- Participating Individual Health rider (UIN:110B045V01)
Tata AIA Non-Linked Comprehensive Protection Rider - A Non-Linked, Non- Participating Individual Health Rider (UIN:110B033V03)
Tata AIA Non-Linked Comprehensive Health Rider – A Non-Linked, Non- Participating Individual Health Rider (UIN:110B031V03)

4.Can the term plan coverage be increased when needed?

Yes, an increasing sum assured term plan allows you to increase the term plan coverage at various life stages to help meet your changing financial goals.

5.What types of deaths are not covered by term insurance?

While term plans cover natural deaths and deaths due to health conditions and illnesses, such a policy will not cover death by suicide within a year. Please refer to the exclusions as mentioned under a term plan for details before opting for the policy.

1.How do I calculate the premiums of my term insurance plan online?

You can conveniently calculate the premiums of your term insurance plan online by using the term insurance premium calculator on our website. Simply enter a few basic details into the online calculator and get your policy quote without any manual calculation.

2.What are the premium payment frequencies for Tata AIA Life Insurance term plans?

The term insurance premium payment frequencies under Tata AIA Life Insurance term plans are annual, half-yearly, quarterly, monthly and Single Pay.

3.Are there lower term plan premiums for women policyholders?

According to Our World in Data, women have a longer life expectancy than men, so term plan premiums are lower for women.

4.Will my term insurance premium amount increase with optional riders?

Yes, rider benefits added to the term plan come at an incremental premium and help by providing very comprehensive protection. By choosing the riders^@ wisely, you can enhance the policy coverage without increasing the policy cost unnecessarily.

5.What happens if you stop your premium payments?

If you stop your term insurance premium payments and cross the expiry date, Tata AIA Life Insurance offers a grace period of 15 days (for monthly frequencies) and 30 days (for yearly and half-yearly frequencies). If you cannot make the payment within this period, the policy will lapse, and you and your family will not be able to gain any benefit from the plan.

6.Do term insurance premiums increase every year?

One of the benefits of having a term plan is that you can lock in the policy premiums when you purchase the term plan. That way, if you buy insurance early in life, you can avail of low premiums all throughout the policy period, even if the sum assured is high.

However, if you opt for optional riders or a life stage benefit^~ for additional coverage, these factors may lead to an increase in the premiums over the years.

1.What is the importance of the claim settlement ratio?

The claim settlement ratio of insurance providers helps you understand if they will be able to settle your claims on time without any hassles. A higher term plan claim settlement ratio is a good indicator and means that the insurance provider has settled maximum claims in a financial year out of all the claims received. Tata AIA Life Insurance has an individual death claim settlement ratio of 99.13%1 for FY 20232 – 24

2.What documents are needed while filing a term insurance claim?

To learn about all the term life insurance policy documents needed for the claim intimation and settlement process, please click here.

3.What is the process of raising a term insurance death claim?

If you want to file a claim with us, you can choose any of the options below:

Send us an email at: customercare@tataaia.com
Call our helpline number - 1860-266-9966 (local charges apply)
Visit any of our Tata AIA Life Insurance Company branch offices.
Write to us at the below address:

The Claims Department,
Tata AIA Life Insurance Company Limited
B- Wing, 9th Floor,
I-Think Techno Campus,
Behind TCS, Pokhran Road No.2,
Close to Eastern Express Highway,
Thane (West) 400 607.
IRDA Regn. No. 110

4.What are the different term plan claims that can be filed?

Some of the term plan claims that can be filed are:

Death claim
Cashless and reimbursement claim
Hospitalisation and dismemberment claim
Natural calamity claim
Death of Payor claim
Critical illness and disability claim

5.Can a claim be processed if the nominee does not live in India?

Yes, if a nominee from outside India wants to file a claim, they can upload attested copies of their documents through email or online. To file the claim online, they will need to courier the documents to a representative in India who can come to our office and file the claim on their behalf.

6.Why can the insurer deny my term insurance claim?

An insurer can deny your term insurance claim if you fail to submit the required information to process the claim. Additionally, if any of the documents or information you provided at the policy inception are found to be fraudulent, your insurance claim can be denied.

Tata AIA Sampoorna Raksha Promise - Non-Linked, Non-Participating, pure risk, Individual Life Insurance Product (UIN:110N176V03)
Tata AIA Maha Raksha Supreme Select - Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN: 110N171V06)
*Illustrated Premium is the monthly premium excluding taxes for 20 yr. old female, Standard Life, Non-Smoker for ₹ 1 Cr. Sum Assured with Policy Term of 20 yrs. (Regular Pay) under Life Promise Option with first year premium discount for digital purchase and salaried person. Please refer Benefit Illustration for more details. Premium is 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.
^##Illustrated Premium is the monthly premium excluding taxes for 20 yr. old female, Standard Life, Non-Smoker for 2 Cr. Sum Assured with Policy Term of 15 yrs. (Regular Pay) with Life Secure plan option. Please refer Benefit Illustration for more details. 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.
^~Under Life Promise Plus Option, an amount equal to the 100% 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
^~~Applicable for specific plan options. Please refer brochure for additional details.
⁺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.
^$Not applicable under PoS, please refer sales brochure for more information.
^&CritiCare Plus (CPB), Accidental Death (AD), Accidental Total & Permanent Disability (ATPD) are benefit options available under Tata AIA Vitality Protect (A Non-linked, Non-participating, Individual Health Rider) (UIN: 110B046V02). HospiCare (HCB) is a benefit option available under Tata AIA Vitality Health (A Non-linked, Non-participating, Individual Health Rider) (UIN: 110B045V01)
**In case the life assured survives till maturity, an amount equal to 100% of the total premiums paid (excluding loading for modal premiums) towards the benefit option shall be payable at the end of the policy term, provided the policy is not terminated earlier. Under Life Promise Plus Option, an amount equal to the 100% 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.
^#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.
^This product offers first year digital discount of 10% and first year Salaried discount of 5% for Limited Pay/Regular Pay. For Single Pay, 1% digital discount and 1% salaried discount will be provided in the first year
^@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.
Tata AIA Life Insurance Non-Linked Comprehensive Protection Rider (UIN:110B033V04 or any other later version) - A Non-Linked, Non- Participating Individual Health Rider, Tata AIA Life Insurance Non-Linked Comprehensive Health Rider (UIN: 110B031V03 or any other later version) - A Non-Linked, Non- Participating Individual Health Rider, Tata AIA Vitality Protect (A Non-Linked, Non- Participating Individual Health rider (UIN:110B046V04), Tata AIA Vitality Health (A Non-Linked, Non- Participating Individual Health rider (UIN:110B045V03) are available under this plan
^^On enrolling into the wellness Program, you get an upfront discount of 5% on first year premium for Accidental Death, Accidental Total & Permanent Disability, Accidental Disability Care Benefits and of 10% on first year premiums of the other benefit options. The rewards are offered on cumulative basis and in any year, the maximum rewards in view of both the upfront rewards and annual rewards _ex together shall be 15% for Accidental Disability Care and 30% for all other benefit options. Discount is driven by accumulated points which is achieved through wellness status. Please refer policy document for more details.
¹Individual Death Claim Settlement Ratio is 99.13% for FY 2023-24 as per the latest annual audited figures.
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.
³77,26,727 families protected till December ’23
⁴Retail Sum Assured for FY2023 is Rs 4,43,479 Crores
⁵As on 03rd April 2024, the company has a total Assets Under Management (AUM) of Rs.100,099.11 Crores
⁶Tata 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.
Vitality is a trademark licensed to Tata AIA Life by Amplify Health Assets PTE. Limited, a joint venture between Vitality Group International, INC. and AIA Company Limited. The assessment under the wellness program shall not be considered as a medical advice or a substitute to a consultation/treatment by a professional medical practitioner.
⁷Inbuilt Payout Accelerator Benefit pays out 50% of Effective Sum Assured opted in case of a Terminal Illness diagnosis
⁸Tata AIA Sampoorna Raksha Promise offers first year digital discount of 1% for Single Pay, 10% for Limited Pay/Regular Pay.
¹¹This product offers first year discount of 5% for Limited Pay/Regular Pay and 1% for Single Pay to salaried customers.
¹²Illustrated Premium is the monthly premium excluding taxes for 20 yr. old female, Standard Life, Non-Smoker for ₹ 50 Lakh Sum Assured with Policy Term of 20 yrs. (Regular Pay) under Life Promise Option with first year premium discount for digital purchase and salaried person. Please refer Benefit Illustration for more details. Premium is 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.
⁹Illustrated Premium is the monthly premium excluding taxes for 20 yr. old female, Standard Life, Non-Smoker for ₹ 1 Cr. Sum Assured with Policy Term of 20 yrs. (Regular Pay) under Life Promise Option with first year premium discount for digital purchase and salaried person. Please refer Benefit Illustration for more details. Premium is 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.
¹⁰Illustrated Premium is the monthly premium excluding taxes for 20 yr. old female, Standard Life, Non-Smoker for ₹ 2 Cr. Sum Assured with Policy Term of 20 yrs. (Regular Pay) under Life Promise Option with first year premium discount for digital purchase and salaried person. Please refer Benefit Illustration for more details. Premium is 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.
¹³Illustrated Premium is the monthly premium excluding taxes for 20 yr. old female, Standard Life, Non-Smoker for ₹ 5 Cr. Sum Assured with Policy Term of 20 yrs. (Regular Pay) under Life Promise Option with first year premium discount for digital purchase and salaried person. Please refer Benefit Illustration for more details. Premium is 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.
^$$Illustrated Premium is the monthly premium excluding taxes for 30 yr. old female, Standard Life, Non-Smoker for ₹ 1 Cr. Sum Assured with Policy Term of 20 yrs. (Regular Pay) under Life Promise Option with first year premium discount for digital purchase and salaried person. Please refer Benefit Illustration for more details. Premium is 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.
^&&Illustrated Premium is the monthly premium excluding taxes for 30 yr. old female, Standard Life, Non-Smoker for ₹ 1 Cr. Sum Assured with Policy Term of 20 yrs. (Regular Pay) under Life Promise Option with first year premium discount for digital purchase and salaried person. Please refer Benefit Illustration for more details. Premium is 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.
⁺⁺Illustrated Premium is the monthly premium excluding taxes for 40 yr. old female, Standard Life, Non-Smoker for ₹ 1 Cr. Sum Assured with Policy Term of 20 yrs. (Regular Pay) under Life Promise Option with first year premium discount for digital purchase and salaried person. Please refer Benefit Illustration for more details. Premium is 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.
This product is underwritten by Tata AIA Life Insurance Company Ltd.
The plan is not a guaranteed issuance plan, and it will be subject to company’s underwriting and acceptance.
Insurance cover is available under this product.
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. The precise terms and condition of this plan are specified in the Policy Contract.
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 all the Premiums Paid.
In case of non-standard lives and on submission of non-standard age proof, extra premiums will be charged as per our underwriting guidelines.
L&C/Advt/2025/Jan/0139

Term Insurance

विशाल कपूर

गिरिश जे कालरा

What is Term Insurance

हमारे सबसे अधिक बिकने वाले टर्म इंश्योरेंस प्लान

संपूर्ण रक्षा प्रॉमिस

महा रक्षा सुप्रीम सेलेक्ट

Why Should You Buy a Term Insurance Plan?

How Delaying Term Insurance Can Cost You?

Term Calculator – Check Premium in just 2 Steps

टाटा एआईए संपूर्ण रक्षा प्रॉमिस

टाटा एआईए महा रक्षा सुप्रीम सेलेक्ट

टाटा एआईए सरल जीवन बीमा

टाटा एआईए भारत सुरक्षा कवर माइक्रो इंश्योरेंस प्लान

टाटा एआईए लाइफ इंश्योरेंस संपूर्ण रक्षा सुप्रीम प्लान

Who Should Buy a Term Insurance Plan?

Young Earners

Newlyweds and Young Parents

Sole Breadwinners

Homeowners with Loans

Young Debtors

Entrepreneurs and Business Owners

Other Self-Employed Individuals

Investors

Individuals with Dependent Elderly Parents

Retirement Planning

Senior Citizens

Housewives

Women

Taxpayers

Benefits of Buying Term Insurance Plans from Tata AIA

99.13%

77 लाख +

सुरक्षित हैं

1 लाख करोड़ +

500 + ब्रांच में

सुविधा के अनुसार पेमेंट करें

सही इंश्योरेंस प्लान चुनने में मदद चाहिए?

अधिक जानकारी चाहिए? हम आपकी मदद करेंगे

टाटा एआईए टर्म इंश्योरेंस प्लान बेनिफिट :

पूरे जीवन का कवरेज

एक्स्टेंसिव कवर, किफ़ायती प्रीमियम

प्रीमियम का रिटर्न

राइडर्स का विकल्प

हेल्थ कवर

टर्मिनल इलनेस बेनिफिट

लाइफ स्टेज बेनिफिट

इनबिल्ट कवर के साथ कॉम्बिनेशन प्लान

सुविधाजनक प्रीमियम भुगतान विकल्प

पेआउट विकल्पों का विकल्प

क्लेम सेटलमेंट रेश्यो

टैक्स बेनिफिट

How Much Term Insurance Cover Do You Need?

When is the Right Time to Buy Term Insurance?

How to Buy Term Insurance?

How Does a Term Plan Work?

Purchase:

Coverage Period:

Death Benefit:

No Cash Value:

Return of Premium:

Affordable:

What happens if You Surrender Your Term Insurance Policy?

Features of Term Insurance

Low entry age

Whole life cover

Payment flexibility

Adjustable cover

Regular income

Cover against critical illnesses

Return of Premium on Maturity

Accidental Death and Disability Cover

How to Choose the Best Term Insurance Plan?

Policy cover amount

Term Insurance Premium

Eligibility Criteria

Payout Options

Claim Settlement Ratio

Riders / Add-on cover

Inflation

टाटा एआईए सरल जीवन
बीमा

अधिक जानकारी चाहिए?
हम आपकी मदद करेंगे

अधिक जानकारी चाहिए?
हम आपकी मदद करेंगे