No relevant search results found.
Language
Thank you for sharing your details. To receive a call from Tata AIA Financial Advisor.
reCAPTCHA is not working.
Call us
FOR EXISTING POLICY
FOR NEW POLICY
Want to buy a new policy online?
Term Insurance for Students
Get 15% digital discount on first year premium
Get 15% digital discount on first year premium
Investment holds significance in one's lifetime journey of learning and growth. For students who may not currently bear financial burdens, planning ahead can significantly impact their well-being in the future. Student term insurance offers an approach to ensuring stability and peace of mind for students and their families.
At TATA AIA, we recognize the uncertainties of life and the importance of securing your future from an early age as a student. Getting term insurance at an early stage in life not only provides financial security but also brings long-lasting advantages that evolve alongside you as you grow older.
Our Best-Selling Term Insurance Plans
Tata AIA
Sampoorna Raksha Promise
Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN:110N176V04)
Tata AIA
Maha Raksha Supreme Select
Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN: 110N171V07)
Why Should Students Consider Choosing Term Life Insurance Policies?
Have you ever thought about the importance of term insurance for students? Let us explain why it can be a good choice.
- In life when students purchase term insurance policies, they have the opportunity to secure budget premiums that remain low for a long period of time. This is due to their age playing a significant role in determining the cost of coverage.
- Ensuring the well-being of your loved ones is crucial, in case of events like your passing away prematurely; term insurance guarantees that your family will be financially stable to manage debts and educational costs without any burden, on them.
- Numerous students rely on student loans to finance their education costs and having a term plan in place can offer peace of mind to your family by alleviating the burden of loan repayment in case of any circumstances.
- Investing in term insurance while you're young ensures you have extended coverage that gives you a sense of security as you move from being a student to starting your career as a professional.
- Take advantage of tax savings on the premiums you pay in accordance with tax regulations.
Top Characteristics of Term Insurance for Students
Here are the key features that set our plans apart from the rest:
Low Premiums: Begin securing premiums by starting at an early age to keep costs low in the long run.
Flexible Coverage: Tailor your coverage choices to match your financial objectives by selecting a sum assured that suits you.
Financial Security: Ensure that your loved ones are not left with the responsibility of repaying loans by having loan protection in place for peace of mind and financial security.
Term Options: Choose the policy terms that best suit your life stage and career goals by customizing the coverage durations to your needs.
Maximize your tax savings while also ensuring a future for yourself.
Effortless Application Process. Get your policy issued swiftly and easily with documentation requirements.
Advantages of Term Life Insurance for Students
As a student opting for term insurance, you should know that it offers a range of advantages, such as:
Financial Independence
Achieving independence allows you to ensure your family's future without depending on them for assistance.
Long-Term Coverage
Get a head start and secure lasting security well into your earning years.
Affordability
Invest early to save on premiums. This can help reduce the cost of term insurance and make it more affordable, in the run.
Peace of Mind
Enjoy the peace of mind that comes with dedicating yourself to your studies and career while ensuring that your loved ones are shielded from insecurity.
Flexibility
As your financial obligations evolve you'll have the flexibility to expand your coverage options over time.
Secure your future today by checking out our specialised term life insurance options for students who want to set the groundwork for a future ahead!
Tata AIA Sampoorna Raksha Promise - Non-Linked, Non-Participating, pure risk, Individual Life Insurance Product (UIN:110N176V04)
Tata AIA Maha Raksha Supreme Select - Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN: 110N171V07)
*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.
+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.
14This 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
#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
2Individual Death Claim Settlement Ratio is 99.13% for FY 2023-24 as per the latest annual audited figures.
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.
In case of POS variant, the product is available with/without medical underwriting as per BAUP (Board Approved Underwriting Policy)
Premium will vary depending on the option chosen
L&C/Advt/2025/Mar/1016
