The premium for a 2 crore term insurance plan will be based on factors such as age, gender, lifestyle, policy tenure, type of term insurance, etc. You can utilize the term insurance premium calculators available online to determine the premium rate by providing your details. Also, if you opt for a term insurance policy at a younger age, the premium amount will be less.

The minimum age for purchasing a 2 crore term insurance plan will depend on multiple factors such as the eligibility criteria of the product you are interested in. Many of the popular term insurance plans have minimum entry age of 18 years, and the maximum age can range between 60 and 65 years based on the type and features of the term plan.

To understand if a 2 crore term insurance will be sufficient for your family, you need to know your financial needs. For example, you need to consider your financial obligations, future family commitments, dependent family members, etc., to evaluate the financial requirements and the sum assured for your term insurance plan.

The free-look period for the 2 crore term insurance plan is generally 15 days for the policyholder in India if the policy is purchase offline and 30 days if the policy is purchased online. However, it depends on the insurance provider and the policy terms and conditions.

Level Term insurance plans do not provide a maturity benefit. If you have purchased the term insurance with the return of premium option, you will receive a refund of the premiums paid as a maturity benefit. However, it is subject to the term policy conditions.

Yes, you can purchase the 2 crore term insurance plan online by registering with the insurer, providing the required details and uploading the necessary documents.

The premium paid for, and the death benefit received from a 2 crore term insurance plan qualify for an Income Tax^# deduction and exemption benefit under Section 80C and Section 10(10D) of the Income Tax Act, 1961. Also, you can save additional income tax up to 46,800⁺⁺  on your term insurance policy.

Using the online term insurance premium calculator, you can calculate the premium for a 2 crore term insurance policy. You must provide your details, financial requirements and the policy term to determine the premium cost.

You can decide on the right age based on your financial liabilities, such as the education loan, house loan, etc., and other family commitments. Furthermore, it is important to mention that at an early age, the 2 crore term insurance premium becomes extremely affordable because you may not have any health complications and be able to choose a longer policy term. 

You can decide the policy tenure for a 2 crore term policy based on your financial obligations and the timelines to fulfil them. For example, if you have a home loan, pay for your child's higher education, provide funds for routine expenses, etc., you need to consider the period required to ensure the financial requirements and decide 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, GST component may subject to change as per the prevailing laws.

A term insurance rider^{^} will increase the plan coverage of your term insurance plan. These are benefits in addition to your base policy which you can avail for minimal premium amount. Riders can protect you against Critical Illnesses, accidental death and disability, hospitalization and other associated risks.

• The complete name of Tata AIA Sampoorna Raksha Supreme is Tata AIA Life Insurance Sampoorna Raksha Supreme (UIN:110N160V03) - A Non-Linked Non-Participating Individual Life Insurance Plan
• ^**Under Life Plus Option, an amount equal to the 105% 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.
• ^{^}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:110B033V02 or any other later version) - A Non-Linked, Non- Participating Individual Health Rider, Tata AIA Life Insurance Non-Linked Comprehensive Health Rider (UIN: 110B031V02 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:110B046V01), Tata AIA Vitality Health (A Non-Linked, Non- Participating Individual Health rider (UIN:110B045V01) are available under this plan
• 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.
• ^#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.
• ⁺⁺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.
• This plan offers pure risk premium option under Life Option and return of premium benefit under Life Plus Option along with other benefits. Please refer sales brochure for complete details.
• This product is underwritten by Tata AIA Life Insurance Company Ltd. This 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.
• In case of sub-standard lives, extra premiums will be charged as per our underwriting guidelines.
• 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.
• This publication is for general circulation only. This document is for information and illustrative purposes only and does not purport to any financial or investment services and do not offer or form part of any offer or recommendation. This document is not and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.
• Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company and this document is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action.
• L&C/Advt/2022/Oct/2660