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Your dedication deserves more than just appreciation 

As a proud member of the Tata family, you now have access to special benefits from Tata AIA Life Insurance—crafted exclusively for Tata Group employees. This is your opportunity to secure your family's future, safeguard your health, and plan your financial goals—all with special offers.

Choose from the best-fit solutions

Why Choose Tata AIA Life Insurance?

We combine Tata Group’s unrivalled brand strength and leadership position in India, and AIA’s expertise and presence in 18 markets across the Asia-Pacific region. As pre-eminent protection providers, we offer customized solutions that enable consumers to protect the smiles of their loved ones.

Frequently Asked Questions (FAQs)

General Cover Premium Claim Discounts

What are the different kinds of insurance plans?

The most common types of life insurance plans are:

  • Term Insurance Plans
  • Savings Insurance Plans
  • Unit-Linked Insurance Plans
  • Retirement Plans

How to buy a life insurance plan online?

Purchasing life insurance online is a simple and less time-consuming process. The steps are as follows:

1. Click on Calculate Premium to know the premium amount for any of the plans mentioned above.

2. Compare the features and benefits to choose a suitable policy based on your financial needs.

3. Upon choosing a life insurance policy, provide the necessary details and upload the required documents.

4. Choose the add-on rider16 options if required.

5. The applicable premium will be displayed on the screen upon providing all the required details.

6. If you are satisfied with the premium, pay the premium online using any of the applicable online payment methods.

7. If unsatisfied, you can revise your inputs such as for the sum assured, policy tenure, etc., to determine the most affordable premium.

Can I get a term insurance tax benefit?

Yes! When you purchase a life insurance plan, you will get income tax5 benefits as per applicable income tax laws.

How much life insurance coverage does one need?

The life insurance coverage required will be based on individual financial status, expenses, future financial commitments, and other liabilities. It can be determined based on the following calculations:

  • Human Life Value -   The life insurance coverage using the human life value method can be determined based on your income, loans and liabilities, expenses, and future financial commitments, considering the inflation rate. You can utilise our Tata AIA Life Insurance Human Life Value Calculator to determine this human life value.

  • Expenses - The sum assured based on expenses can be determined by considering your routine utility bills, loans and liabilities, and future financial goals.

  • General Thumb Rule - You can also calculate the required life insurance coverage based on the general thumb rule. The general thumb for calculating the life insurance coverage is 10 times your current annual income.

What are riders, and how do they help your insurance policy?

Riders are add-on covers that help you enhance the life insurance coverage for the policy tenure. It provides additional financial support in specific scenarios to help you reduce your liabilities. For instance, the rider16 for the critical illness benefit can provide financial support to pay for your medical and hospitalisation expenses if you are diagnosed with a critical illness during the policy period.

Can I make premium payments online?

Premium payments can be made online by logging into your account and choosing any online payment method such as net banking, debit card, credit card etc.

How does comparing premiums online help?

By comparing premiums online, you can determine the right and best-suited life insurance policy with the features and benefits to provide the required sum assured at an affordable premium. 

What documents are required to register a claim online?

The documents required to register a claim online will depend on the type of claim. Some of the documents that may be required during death claim are:

  • Claimant’s statement

  • Proof of identity

  • Proof of residence

  • Death certificate

  • Cancelled cheque.

  • Physician’s Statement and Medical Records

  • Copy of First Information Report (FIR) in case of an accident

  • Copy of post-mortem report

  • The claim for the rider and other benefits will depend on the type of claim registered. Click here to learn more about these documents.

How can I file a claim online?

You can file a claim online using the following simple steps.

  • Visit our Tata AIA Life Insurance official web page.

  • Navigate to the ‘Where Do I?’ tab.

  • From the drop-down menu, choose the ‘Claim Intimations’ option.

  • Provide the necessary details and upload the required documents to file a claim online. 

Is there any discount for Tata Group Employees?

A Tata Group Employee Discount* up to 20% is applicable on the premium for the first year for life insurance policies exclusively for Tata Group employees.

Disclaimers

  • Tata AIA Sampoorna Raksha Promise - Non-Linked, Non-Participating, pure risk, Individual Life Insurance Product (UIN:110N176V05)
  • Tata AIA Life Insurance Fortune Guarantee Plus (Individual, Non-Linked, Non-Participating, Life Insurance Savings Plan) UIN: 110N158V13
  • Tata AIA Life Insurance Fortune Guarantee Pension - Non-Linked, Non-Participating, Annuity Plan (110N161V11).
  • *The premium discount shall be applicable on the premiums payable in the first year only for Tata Group employees. For regular and limited pay, this shall be 25% and for single pay, this shall be 2.5%. 
  • **Discount on 1st year premium will be offered. Submission of Company ID card is mandatory to opt for this discount. This offer must be sourced from the direct sales of the Company/buy online. Scheme is for employees who are Indian National and residing in India. Staff discount shall be applicable on the premiums payable in the 1st policy year only. The Company may offer a premium discount to the customers on the policies sourced by the company for employees of the promoter group namely, the Tata and the AIA group, its Subsidiaries, fellow subsidiaries, Joint Ventures (which shall include Tata AIA Life Insurance Company Limited amongst others) and their Associates. This premium discount shall be applicable on the premiums payable in the 1st policy year only and shall vary based on Policy Term and Premium Payment Term. Such discounts shall be applicable on the premium rates. No discounts shall be applicable on exercising the Life Stage or Top-Up SA Option as the increased premium shall be payable from the next policy anniversary, which at the earliest would happen in the second policy year whereas the discount is applicable only on the 1st year’s premium. For regular pay / limited pay policies, this shall be 20% - 1.5% x (Policy Term – Premium Payment Term) and for single pay policies, this shall be 2%. 
  • ***The Company will offer a staff rebate in form of additional annuity of 1% of the annuity rate (as otherwise applicable) to the Employees of the promoter group namely, the Tata and the AIA group, its Subsidiaries, fellow subsidiaries, Joint Ventures (which shall include Tata AIA Life Insurance Company Limited amongst others) and their Associates on the policies sourced by the Company.
  • ^The word Guaranteed and Guarantee means the annuity payout is fixed at inception of the policy and will be payable for whole of life or till death of the Annuitant(s). Guaranteed Additions accrue at the end of each completed policy month, subject to all due premiums being paid and form a part of the Death Benefit offered under the option.
  • 1Under 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.
  • 285,76,889 families protected till 31st December 2024.
  • 3Retail Sum Assured for FY2023 is Rs 4,43,479 Crores
  • 4As on 31st December 2024, the company has a total Assets Under Management (AUM) of ₹119,602.78 Crores
  • 5Individual Death Claim Settlement Ratio is 99.13% for FY 2023-24 as per the latest annual audited figures.
  • 6Applicable to only non-early claims more than 3 years of policy duration, non-investigation cases, up to Sum assured of 50 lacs. Applicable for branch walk in. Time limit to submit claim to Tata AIA by 2 pm (working days). Subject to submission of complete documents. Not applicable to ULIP policies and open title claims.
  • 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/Misc/2025/Apr/0253