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₹2 Crore Term Insurance

A ₹2 Crore term insurance plan offers substantial financial protection for your family's future. With a death benefit of ₹2 Crore, this ... Read more comprehensive coverage ensures your loved ones can maintain their lifestyle, clear outstanding debts, and achieve long-term financial goals even in your absence. These plans provide pure risk coverage at affordable premiums, making them an essential component of financial planning for individuals with significant family responsibilities or high-income brackets seeking adequate protection. Read Less

A ₹2 Crore term insurance plan offers substantial financial protection ...Read more for your family's future. With a death benefit of ₹2 Crore, this comprehensive coverage ensures your loved ones can maintain their lifestyle, clear outstanding debts, and achieve long-term financial goals even in your absence. These plans provide pure risk coverage at affordable premiums, making them an essential component of financial planning for individuals with significant family responsibilities or high-income brackets seeking adequate protection. Read Less

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    Get Life Cover of ₹1 Crore by paying a premium of

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    Discounts

    10% Online discount
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    10% discount on 1st year premium is applicable on online purchase. This discount is auto-applied and can’t be removed

    8.5% Salaried discount
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    8.5% discount on 1st year premium is applicable for salaried personnel. You will need to share your corporate email ID if you opt for this discount. This discount is auto-applied if you select ‘Salaried’ as your occupation and can’t be removed

    25%Tata Group Employee Discount
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    Applicable only if the policy is bought digitally. Some discounts will not be available when this option is selected.

    1% Autopay discount
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    1% discount on 1st year premium for all payments paid through any permissible electronic mode debited through an auto-debit mandate. Maximum discount capping: ₹100 over the year.

    2% Milestone discount
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    2% discount on 1st year premium on these milestones

    Event Eligibility
    Wedding (1 wedding only) Within 6 months before or after the date of wedding
    Birth/ Adoption of 1st child* Within 6 months before or after the birth/ adoption date
    Home loan Within 6 months of loan getting sanctioned
    First job Within 6 months of joining date

    *Policy issuance eligibility for female customers will be determined by Board Approved Underwriting Policy (BAUP)

    The above milestones cannot be clubbed to avail more discount, Such discount shall be capped to a maximum of ₹500 over the year.

    15% lower premium for women (every year)
    25th Anniversary discount
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    Tata AIA Life Insurance is celebrating its 25th anniversary by offering a 5% discount on the first-year premium for online purchases of Term plans. This discount is automatically applied and cannot be removed.

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    Minimum annual income should be ₹5 Lakh

    Tata AIA Sampoorna Raksha Promise - Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN:110N176V08)

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    What is a ₹2 Crore Term Insurance Plan?

    A ₹2 Crore term insurance plan is a pure protection life insurance policy that pays a death benefit of ₹2,00,00,000 to the nominee if the policyholder passes away during the policy term. It is designed for individuals with high financial responsibilities, higher income levels, or large liabilities who require strong financial protection for their families.

    Unlike insurance plans that combine savings or investment components, term insurance focuses only on life cover, making it cost-effective despite the high sum assured. The payout can help families replace lost income, repay loans, fund education or marriage expenses, and maintain their standard of living. While choosing a plan, it is important to consider the insurer’s claim settlement record, suitable policy duration, premium affordability, rider5 options, and payout flexibility.

    How does a ₹2 Crore term plan work?

    Let’s consider an example to understand how a ₹2 Crore term insurance plan works:

    Aspect

    Details

    Example Scenario

    Policy Purchase

    An individual buys term insurance with ₹2 Crore sum assured for a specific policy term

    Ravi, age 30, purchases a ₹2 Crore term plan for 30 years

    Premium Payment

    Regular premiums paid throughout the policy term or selected premium payment period

    Ravi pays annual premiums from age 30 to 60 years

    Coverage Period

    Life cover remains active from policy start date until policy maturity

    Coverage active from age 30 to 60 (30-year term)

    Death during Policy Term

    If insured passes away during the policy period, nominees receive full sum assured

    If Ravi passes away at age 45, his nominee receives ₹2 Crore

    Payout to Nominee

    Death benefit paid as lump sum, regular income, or combination based on chosen option

    Ravi's wife receives ₹2 Crore as lump sum payment

    Fund Utilization

    Nominees can use the payout for any financial needs without restrictions

    Funds used for loan repayment, children's education, living expenses

    Survival beyond Term

    In basic term plans, there is no maturity benefit unless opted for return of premium option6

    If Ravi survives till age 60, regular plan ends with no payout; Term plan with Return of Premium (TROP plan) returns premiums paid

    The working mechanism demonstrates how ₹2 Crore term insurance provides a financial safety net, ensuring your family's economic stability is maintained even in unforeseen circumstances. The substantial coverage amount offers peace of mind knowing your loved ones won't face financial hardship during an already difficult time.


    Why buy ₹2 Crore term insurance?

    Here are the reasons to consider buying a ₹2 Crore term insurance:

    • Icon

      Financial stability for your loved ones 

      ₹2 Crore term insurance offers a high sum assured upon death. This payout amount can be used for anything once received from the insurer. For example, it can clear off existing loans/liabilities, pay for children's higher education, help start a business to earn a livelihood, etc.

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      Wider coverage at lower premiums 

      Term insurance plans can be an affordable option for a life insurance plan. Even at a high sum assured of Rs. ₹2 Crore, you can expect pure risk coverage at comparatively lower premiums than other life solutions, even with add-on riders5.  

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      Tax benefits

      You can claim taxdeductions and exemptions on your ₹2 Crore term insurance premiums and payout amounts under Sections 80C and 10(10D) of the Income Tax Act, 1961. These can be done every year while your policy is active and will include deductions for add-on premiums.

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      Better financial planning 

      Since ₹2 Crore term insurance premiums stay the same throughout the policy term, you know exactly how much funds you need to set aside to pay your premiums. Moreover, tax7 benefits available under your plan can make it a preferable and potentially risk-free way to save on your taxes.

    All of these benefits and more are available under Tata AIA Sampoorna Raksha Promise plan, making it a comprehensive term plan for ₹2 Crore.
     

    What are the benefits of a ₹2 Crore term insurance plan?

    A ₹2 Crore term insurance plan provides several benefits that not only include basic life insurance:

    • Comprehensive financial protection:

      The high coverage of ₹2 Crore protects your family financially by providing them sufficient funds to sustain their lifestyle for years or decades without making any sacrifices.
    • Income replacement:

      For high-income earners, this benefit amount can actually work as a replacement for 10-20 years of their income. This is to ensure that your family are not affected by a sudden change in their lifestyle.
    • Debt settlement:

      The large sum assured can completely settle major financial burdens such as home loans, business loans, car loans, and personal loans, so that your family will not inherit your debt.
    • Educational security:

      The payout can be used to sponsor your children’s education right from school to advanced education in institutions of higher learning abroad or locally.
    • Multiple coverage options:

      Most ₹2 Crore term plans offer flexible payout structures, allowing nominees to receive funds as a lump sum, regular monthly income, or a combination of both based on their financial needs.
    • Tax Efficiency:

      Premiums paid qualify for tax7 deductions under Section 80C up to ₹1.5 Lakh annually, while the death benefit received by nominees is tax-exempt7 under Section 10(10D), maximising the effective value.

    Key features of ₹2 Crore term insurance plan

    • High sum assured coverage

      Provides a substantial death benefit of ₹2 Crore to financially secure your family's future comprehensively.

    • Flexible policy terms

      Choose coverage duration from 10 to 40 years, or opt for whole life coverage extending up to the age of 100 years based on your financial planning needs.

    • Rider enhancement options

      Augment your base coverage with additional riders5 such as critical illness cover, accidental death benefit, waiver of premium, and disability riders for comprehensive protection.

    • Flexible payout modes

      Nominees can receive the death benefit as a lump sum, regular income for a fixed period, or a combination of both, providing financial management flexibility.

    • Return of premium option

      Select plan with return of premium6 variant to receive all premiums paid back as maturity benefit if you survive the policy term, combining protection with savings.

    • Online purchase

      Easy digital purchase process with instant policy issuance, minimal documentation, and discounts for online buyers.

    • Premium Stability

      Fixed premiums throughout the policy term ensure predictable financial planning without unexpected cost increases.

    • Tax Benefits

      Enjoy dual tax7 advantages with deductions on premiums paid under Section 80C and a tax-free death benefit under Section 10(10D) of the Income Tax Act, 1961. Besides, term plans attract 0% GST.

    Is ₹2 Crore the right coverage amount for my term insurance plan?

    Generally, your term insurance sum assured should be 10 times your annual income. Some experts even suggest that it should be 20 times. For a more detailed approach, here are some key factors you should consider determining whether a ₹2 Crore term life insurance is right for you: 

    • Dependent family members and living expenses:

      Your monthly/yearly expenses should give a good idea of how much capital your family will need in the future to maintain their current standard of living. List down recurring expenses and other short-term financial obligations for the foreseeable future and subtract any investments to know how much sum assured you need.

    • Understand your financial liabilities:

      Do you have any pre-existing liabilities like loans or debt that still need to be paid off? Or future financial commitments like paying for your child's higher education or marriage? If so, you may want to consider these factors to find out an approximate amount while accounting for inflation.
      This estimated amount should be sufficient to clear off the debts and secure your family's finances in your absence.
    • Your annual income and retirement:

      When do you plan to retire, and do you have enough capital saved up for a retirement fund? Your current annual income will play a huge role in determining your sum assured. If you are young and have fewer financial responsibilities, a term plan with a life stage benefit may be beneficial, as it will allow you to increase your sum assured. On the other hand, if you are older, have a retirement fund, and your children are independent, you may not need as high a sum assured amount.
    • Human Lifetime Value (HLV):

      This refers to calculating your economic value by considering your future income, liabilities, expenses and investments. To simplify this process, you can use Tata AIA's Human Life Value Calculator to determine your sum assured.
    • Account for inflation:

      Inflation is a crucial aspect of financial planning. The cost of accomplishing a financial goal will increase with time, based on the inflation rate. Therefore, the payouts from the term insurance plan should be enough to help your family achieve their financial goals based on future living costs.

    Calculate your required funds based on your family's financial goals and revise the amount based on the inflation rate to derive a realistic value.
     
    Also Read: 3 Reasons Why You Must Consider Inflation When You Buy Term Insurance Plan


    Popular Tata AIA term plans

    Who should buy ₹2 Crore term insurance?

    The following individuals can buy a ₹2 Crore term insurance plan.

    Young individuals 

    People in their 20s can buy a ₹2 Cr term insurance plan at an affordable premium, considering they are healthy with no health complications.

    Sole earning members 

    People who are the sole earning members of the family with dependent family members will require financial safety nets. Hence, a ₹2 Crore term insurance plan may help their family manage the routine expenses in case of any eventualities.

    Young parents

    People with increased family financial commitments, such as repaying loans, paying for their child's higher education, etc., should ensure their family has sufficient funds. This may help them repay pending loans and accomplish their future commitments.

    Individuals working in extreme environments

    People working in an environment prone to accidents and fatalities, such as in factories, refineries, etc., should always ensure sufficient financial resources. The funds may help their families reduce the financial burden in their absence at any time in their lives.

    Individuals with a medical history

    People with a family history of critical or terminal illnesses must financially secure their family members in the event of any eventualities. Therefore, buying a term insurance for critical illness along with our ₹2 Crore term insurance plan can help pay their medical expenses while also financially securing their future.

    Working women

    Provides financial security for a woman’s income contribution to the household and supports independent financial planning, particularly in cases involving co-borrowed loans or dependent family members.

    Homeowners with high-value home loans

    A ₹2 Crore cover can help settle substantial home loan liabilities, such as an ₹80 Lakh loan, while also supporting long-term expenses like children’s education and family needs.

    Individuals supporting extended families

    For those responsible for parents, siblings, or other dependents, this level of cover ensures continued financial support for daily living, healthcare costs, and important life goals.

    How to choose the best term insurance plan for ₹2 Crore?

     

    • 01

      Evaluate insurance provider credentials

      When selecting a term insurance plan, it is important to assess the insurer’s credibility. A consistently high claim settlement ratio reflects reliability in honouring claims, while strong financial health, years of operation, and a solvency ratio above 1.5 indicate long-term stability.
    • 02

      Assess coverage adequacy

      A ₹2 Crore cover should be sufficient to replace income and meet financial obligations. Ideally, the sum assured should equal 10-20 times annual income while also accounting for existing loans, future education costs, and essential household expenses.
    • 03

      Determine optimal policy term

      The policy duration should extend until major financial responsibilities are completed, typically retirement age i.e. 60-65 years. It is also important to consider how long dependants, such as children or elderly parents, will require financial support.
    • 04

      Compare premium affordability

      Premiums are significantly lower when a policy is purchased at a younger age, improving long-term affordability. Choosing a suitable payment frequency and premium term helps ensure the policy remains financially comfortable throughout its duration.
    • 05

      Look for rider options

      Riders5 enhance basic term insurance coverage by addressing specific risks. Options such as critical illness cover, accidental death benefit, and waiver of premium provide additional financial protection during unforeseen circumstances.
    • 06

      Buy early for lower premiums

      Purchasing term insurance early helps secure lower lifetime premiums and simplifies underwriting. Early coverage also ensures uninterrupted protection across important life stages without future affordability concerns.
    • 07

      Review payout flexibility

      Payout options should align with the family’s financial needs. A lump sum helps clear immediate liabilities, while income-based payouts support regular expenses. A combination of both can balance short-term and long-term requirements.
    • 08

      Verify tax benefits

      Term insurance premiums qualify for tax7 deductions under Section 80C, subject to applicable limits. Additionally, death benefits are generally tax-exempt under Section 10(10D), enhancing the overall financial benefit for beneficiaries.

    Factors affecting ₹2 Crore term insurance premiums

    Here are the factors that affect ₹2 Crore term insurance premiums.

    • Age

      This is the first thing insurers look at when you buy term insurance. Younger policyholders may be charged lower premiums as they present less risk. This is because the younger you are, the less likely you are to develop health complications or critical illnesses. Hence, opting for a ₹2 Crore term insurance plan in your younger years may be preferable to enjoy affordable premiums.

    • Medical history

      Your medical history is another important factor that affects the cost of the term insurance plan. For example, if your father has increased blood glucose and blood pressure levels, you may develop the same conditions later in life. This may increase the death risk, resulting in higher ₹2 Crore term insurance premiums for you when compared to a person with a family medical history of no health complications.

    • Add-on riders

      The more riders5 you opt for, the higher your premium rate. However, these are optional. So, if you want to get add-on covers for your ₹2 Crore term insurance policy, carefully evaluate the benefits and the cost before adding them to your term plan.

    • Lifestyle

      Lifestyle is an important factor while determining the premium for term insurance of ₹2 Crore. For example, smokers are charged higher premiums than non-smokers since they present an increased risk. Therefore, look into cutting down or quitting habits such as smoking, drinking alcohol, etc., before buying a term plan. 

    In addition, informing the insurer about such habits during inception is important to avoid any future discrepancies, as it can cause problems for your family during death claim settlements. 

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    Calculate your ₹2 Crore term insurance premium

    Use our online term insurance calculator to check the coverage you need to secure your family today!

    Will the ₹2 Crore term insurance payouts be taxed? 


    Rajesh purchased a ₹2 Crore Return of Premium (ROP) term insurance plan and pays an annual premium well below ₹5 Lakh. This puts him in a favourable position when it comes to the tax treatment of his maturity benefits.

    You should note that maturity payouts, unlike death benefits, may or may not be taxed depending on prevailing tax laws. In this case, Rajesh's ROP maturity payout will be tax-exempt7 since his annual ₹2 Crore term insurance premium is below ₹5 Lakh. In cases where annual term plan premiums exceed ₹5 Lakh, Rajesh will be taxed per his tax slab rate under his chosen tax regime.

    When should I buy the best term insurance plan for ₹2 Crore?

    • Icon
      Early Career Stage (20s-30s)

      Buying early helps lock in lower premiums while health risks are minimal, ensuring long-term affordability as income and responsibilities grow.

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      At major life milestones

      Events such as marriage, home purchase, or the birth of a child increase financial responsibility, making higher coverage essential.

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      During career growth

      As income and lifestyle improve, a ₹2 Crore cover helps protect dependents from financial disruption.

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      Before health concerns arise

      Securing insurance while in good health avoids higher premiums or policy rejection later.

    • Icon
      Before large financial commitments

      Adequate coverage should be in place before taking on major loans or business investments.

    • Icon
      As early as possible (if underinsured)

      Those with dependents or liabilities should not delay coverage, as postponement increases cost and risk exposure.

    How to buy term insurance?

    Buying term insurance online with Tata AIA Life Insurance is a simple process. Here are the steps to purchase a term insurance plan:

     

    • Visit the Tata AIA Life Insurance website and navigate to the term insurance section to explore available plans.

    • Use the term insurance calculator to estimate your premium based on the selected sum assured and policy duration, helping you identify a plan that suits your budget.

    • Select a term insurance plan and add optional riders5 available with Tata AIA Health Buddy such as critical illness cover or accidental death benefit for enhanced protection, if required.

    • Complete the online application form by entering personal, income, and identity details and uploading the necessary documents. Medical information may also be required for underwriting.

    • Proceed with the premium payment and carefully review the policy document to understand the terms and conditions before finalising the purchase.

    1.What are the eligibility criteria for purchasing ₹2 crore term insurance?
    Generally, you must be at least 18 years of age to buy a ₹2 Crore term insurance. Most term plans have an entry age between 18-65 years; this will vary across insurers.

    2.At what age should I buy ₹2 crore term insurance?
    You may get insurance in your younger years since you may get affordable premium rates. However, term plans are not restricted to people in their 20s. You can buy a ₹2 Crore term insurance plan at any life stage.

    At Tata AIA, we offer term plans with life-stage benefit11 and whole-life12 cover to ensure you always stay protected.

    3.What happens if I outlive the policy tenure?
    Basic term plans do not offer any survival benefits. That means you will not get any payments if you outlive your policy term. However, if you buy term insurance with a return of premium6 (TROP), you will receive a refund of the premiums paid as the maturity benefit on survival.

    4.Can I buy ₹2 crore term insurance online?
    Yes, you can purchase the ₹2 Crore term insurance plan online by registering with any online insurer after providing the required details and uploading the necessary documents. For example, you can buy ₹2 Crore term insurance on Tata AIA's website in just a few clicks! You also get additional discount for purchasing online.

    1.How can I buy ₹2 Crore term insurance?
    You can buy a ₹2 Crore term insurance policy from any IRDAI-approved life insurance provider. This can be online or in person, depending on the insurer. We recommend going for online insurers like us to save on time and paperwork.

    2.What is the free-look period for Tata AIA's ₹2 Crore term insurance?
    We offer a free-look period of 15 days post delivery of policy document for offline policy purchases and 30 days for online purchases for our ₹2 Crore term insurance plans.

    3.Can I buy more than one term insurance plan?
    Yes, you can buy and own more than one term plan. However, this can get expensive since you will be paying premiums for multiple term plans. We recommend going to term plans with a life cover if you are not sure how long you will need coverage for or a life stage benefit if you do not know how much coverage you will need in the future.

    4.Who cannot buy a ₹2 Crore term insurance?
    Individuals who do not pass the eligibility criteria will not be able to buy a ₹2 Crore term insurance. For example, these can be people under 18 years or over 65 years. Moreover, while insurers cannot reject life insurance applications, they are allowed to reject applications on the grounds of fraud or malpractice.

    Insurers will also assess your annual income and current health condition to determine your eligibility for a chosen plan.

    1.How many years is suitable for a ₹2 Crore term insurance?
    You must decide your ₹2 Crore term insurance tenure based on your financial obligations and the timelines to fulfil them. For example, if you have a home loan, need to pay for your child's higher education, provide funds for routine expenses, etc., all of these things will have their own timelines. Hence, we recommend assessing these factors first.

    Term policies generally last around 5-40 years. Some term plans like Tata AIA's Sampoorna Raksha Promise offer whole-life12 coverage for up to 100 years.

    2.Is it necessary to purchase a term insurance rider?
    No, they are optional. Term insurance riders5 can be added to your ₹2 Crore term insurance plan on policy purchase or anniversary to increase your base plan coverage. Riders increase your overall premiums, so only pick ones you are sure you will need.

    3.What is not covered in a ₹2 Crore term insurance?
    Generally, a ₹2 Crore term insurance will not cover death due to suicide or self-harm (within the first policy year) and deaths that result from breaches of law, as it is considered a violation of policy terms.

    1.What is the premium for a ₹2 Crore term insurance?
    Your ₹2 Crore term insurance premiums will be based on factors such as age, gender, lifestyle, policy tenure, type of term insurance, etc. To get more accurate estimates, use our term insurance calculator.

    2.Do premiums for term insurance plans change during the policy tenure?
    No. Once you have purchased the policy and the policy has been issued, the term insurance premium will not change during the policy tenure. However, the GST component may be subject to change as per the prevailing laws.

    3.Can I pay my ₹2 Crore term plan premiums monthly?
    Yes, with Tata AIA, you get flexible premium payment options where you can choose to pay your premiums monthly/quarterly/half-yearly/annually. Your payment frequency can also be changed in the future by logging into your Online Policy Account to make the required changes.

    1.What documents are needed while filing a death claim settlement under a ₹2 Crore term insurance plan?
    You will need three main documents, which will be the claims form (filled and signed), the policy certificate and the policyholder's death certificate. If you want to know the complete list of documents needed, please visit our claims settlement page.

    2.What are the different term plan claims that can be filed for a ₹2 Crore term insurance policy?
    You can file the following claims with Tata AIA under your ₹2 Crore term insurance plans: Death claim settlements and maturity claims (for TROP plans). Other claims you can file if you have opted for specific add-ons include:
    ● Cashless and reimbursement claim (for medical expenses).
    ● Hospitalisation and dismemberment claim
    ● Critical illness diagnosis claims.
    ● Accidental death and permanent disability claims.

    • Disclaimer

      • Tata AIA Sampoorna Raksha Promise - Non-Linked, Non-Participating, pure risk, Individual Life Insurance Product (UIN:110N176V10) 

      • Tata AIA Maha Raksha Supreme Select - Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN: 110N171V14) 

      • Tata AIA Health Buddy – Non-Participating, Non-Linked Individual Health Product (UIN: 110N183V01)

      • 1Illustrated 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 of Tata AIA Sampoorna Raksha Promise with first year premium discount of 10% for digital purchase and 8.5% for salaried person. Please refer Benefit Illustration for more details.

      • 2As per the duly approved product design and terms & conditions of the product, this product offers first year digital discount of 10% and first year Salaried discount of 8.5% for Limited Pay/Regular Pay. For Single Pay, 1% digital discount and 1% salaried discount will be provided in the first year.  

      • 399.41% is the Individual Death Claim Settlement Ratio for FY 2024-25 as per latest audit figures.

      • 4Applicable to only non-early claims more than 3 years of policy duration, non-investigation cases, up to Sum assured of ₹50 Lakh. 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. 

      • 5Rider 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.

      • 6Under 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.  

      • 7No Goods and Service Tax shall be applicable on Individual life insurance products as per prevailing laws. Tax laws are subject to amendments from time to time. If any imposition (tax or otherwise) is levied by any statutory or administrative body under the Policy, Tata AIA Life Insurance Company Limited reserves the right to claim the same from the Policyholder. Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. The Tax-Free income is subject to conditions specified under section 10(10D) and other applicable provisions of the Income Tax Act,1961. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implications mentioned anywhere on this site. Please consult your own tax consultant to know the tax benefits available to you.

      • 8With FlexiPay Benefit, policyholder is allowed to defer the due premium for a period of 12 months while maintaining the full risk cover under the base plan and attached riders. At the end of Premium Deferment period, the policyholder is required to pay the due premiums, including the premium applicable for the period of Premium Deferment, i.e. the base cover premium and additional premium (if any). This benefit shall be available for multiple times with a gap of 5 policy years from the expiry date of previous Premium Deferment. The option can be exercised only after payment of 5 full years premium. No interest shall be levied on the premium due during the Premium Deferment period. If the premiums due are not paid within the grace period after expiry of the Premium Deferment, the Policy (including Rider(s), if any) shall lapse and no benefits shall be payable in the Policy or the Rider(s), if any) and company shall be entitled to recover the same from any amounts or This benefit payable under the Policy or Rider(s).

      • 9With this feature, instant death benefit of ₹3 Lakh from the Sum Assured will be paid within 1 working day from the claim registration date. This feature is applicable only after a waiting period of 3 policy years from the policy inception or revival of the policy and provided the policy is in force. The remaining sum assured shall be payable post the completion of the claim investigation. Further, in case of any discrepancy in the claim investigation resulting in the final decision of non-payment of the claim, the company reserves the right to recover the already paid amount. The acceleration of instant claim should not be construed/interpreted as acceptance of the claim. Applicable only for policies with minimum Sum Assured of ₹1 Cr.

      • 10If diagnosed with a Terminal Illness, you'll receive a lump sum payment equal to 50% of the base sum assured. Additionally, you won't have to pay any future premiums.

      • 11Increase the coverage at any important events such as marriage, birth or adoption of 1st child, birth or adoption of 2nd child, or home loan disbursal with Life Stage option of Tata AIA Maha Raksha Supreme Select.

      • 12Not applicable under PoS, please refer sales brochure for more information.

      • For more details on risk factors, terms and conditions please read Sales Brochure carefully before concluding a sale. Insurance cover is available under this product.

      • L&C/Advt/2026/Jan/0442