A term life insurance plan is the simplest form of life insurance that offers a pure life cover. This type of insurance policy provides comprehensive life insurance coverage to you and your loved ones for a policy term of your choice and with a sum assured selected as per your needs. For pure term insurance plans, a lumpsum amount will be paid to the nominee of the life assured in case of any unfortunate event such as death of the life assured during the policy term. 

Term plans are considered to be quite popular as they offer higher life insurance coverage at very affordable premium rates. It is advisable to purchase a term insurance plan as they are quite flexible in terms of policy terms and premium payment terms, thus making term plans suitable for everyone’s insurance needs.

With pure life cover protection, term plans offer extensive coverage to your family, and in case of your demise during the policy term, the death benefit sum assured paid out to them can cover their financial needs for the years to come. You can simply choose a policy term, a premium payment term and a sum assured of your choice, depending on your needs, to provide the best possible life insurance coverage for your loved ones.

Yes, buying a term insurance policy online with Tata AIA Life Insurance is a safe and secure process, right from the plan selection to the digital payment for the purchase.

Yes, Tata Group employees are eligible for a discount on the premiums payable for the first policy year. If it is a Regular Pay policy, then the discount will be a minimum of 2% multiplied by the Policy Term or a maximum of 20%. For Limited Pay or Single Pay policies, the calculation will be a minimum of 2% multiplied by the Policy Term or a maximum of 20%, divided by the corresponding Limited Pay/Single Pay factor.

Tata AIA Life Insurance Sampoorna Raksha Supreme offers the following benefits:

• You can enjoy a whole life coverage of up to 100 years^~~ under this policy which ensures comprehensive life insurance protection for your family throughout your lifetime. And in case of your demise before the end of the policy term, your family can avail of the death benefits for their financial security.
• With a choice of flexible plan options, you can choose the one that best suits your needs. This also comes with the choice of return of premium option, wherein you can get 105% return on premium^{^^} if you survive the policy term.
• The Life Stage option^~~ enables you to increase your life insurance coverage at important milestones in your life and offers greater coverage for added financial responsibilities, such as your marriage or the birth or adoption of a child.
• As per Section 80C of the Income Tax Act, the insured can get a tax deduction of up to ₹1.5 Lakh on the policy premiums, subject to policy terms and conditions. In addition, the death benefit, and the maturity benefit, as per the policy terms and conditions, are also fully exempt from tax under Section 10(10D) of the Income Tax^~ Act.
• This policy comes with a choice of optional riders^{^^^} that you can add to your policy for enhanced coverage. Not only do these riders cover health emergencies and specific unforeseen situations.

With Express Claim, a unique service initiative, the Beneficiary can submit the necessary documents with our Rakshakarta agent who will initiate the claim process and ensure that the claim amount is received within 4 hours**.

Yes, Tata AIA Life Insurance Sampoorna offers the Life Stage^~~ benefit, which enables you to increase the sum assured coverage of your term life insurance plan at significant milestones. At the time of your marriage or during the birth/adoption of a baby, you can provide the appropriate documents as proof of the milestone and have your term insurance coverage increased through the Life Stage option.