Tata aia life insurance terms and conditions

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Tata AIA Life Insurance Sampoorna Raksha Promise

Tata AIA Life Insurance Param Rakshak Pro Solution

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Har Waqt Ke Liye Taiyaar

Tata AIA Life Insurance Sampoorna Raksha Promise

Tata AIA Life Insurance Param Rakshak Pro Solution

Tata AIA Life Insurance Fortune Guarantee Pension

Tata AIA Life Insurance Pro Fit

Tata AIA Life Insurance Param Rakshak Pro Solution

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Pay Insurance Premium Online

Term plans

Wealth plans

Savings plans

Retirement plans

WhatsApp Service

One Billion

Plan Snapshot

Personalise your plan as per your priorities.

Get 105% premium back

with Life Plus option**

Boost life cover

at important milestones*

Pay as per convenience

Express 4 Hour

Add-on security (Riders) ##

Benefits of Tata AIA
Sampoorna Raksha Supreme – A Term Plan

Get your Premium Amount Back

Recover the premium paid during the policy tenure - Benefits of Tata AIA Life Insurance Sampoorna Raksha Supreme

Get your Premium Amount Back

With Life Plus plan option, you can get up to 105% of the premium** amount you paid.

Increase Life Cover at Important Milestones

Increase Life Cover at Important Milestones - Benefits of Tata AIA Life Insurance Sampoorna Raksha Supreme

Increase Life Cover at Important Milestones

With the Life Stage * option benefit, you can Increase policy cover at important milestones such as home loan disbursal, marriage, or birth of your child.

Get Whole Life Coverage

Get whole life coverage up to 100 years of age^ - Benefits of Tata AIA Life Insurance Sampoorna Raksha Supreme

Get Whole Life Coverage

You can get whole life coverage up to 100 years of your age ^ to guarantee long-term financial security for your loved ones.

Enhance your Protection with Optional Riders

Get Income Tax Benefits~as per Applicable Tax Laws - Benefits of Tata AIA Life Insurance Sampoorna Raksha Supreme

Enhance your Protection with Optional Riders

Riders are add-on cover to the base policy which provide additional benefits. Choose an optional rider ## with your policy for coverage against critical and terminal illnesses, accidental death, etc.

Save Tax ~ Up to Rs 46,800 #

Enhance your Protection with Optional Riders - Benefits of Tata AIA Life Insurance Sampoorna Raksha Supreme

Save Tax ~ Up to Rs 46,800 #

When you buy a term insurance plan, you can avail tax ~ benefits as per the applicable Income tax laws and save up to Rs. 46,800 # in taxes every year.

Express Claim Settlement

Express Claim Settlement

Your claim settlement is our priority. Get your claim settled in 4 Hours with our Express Claim Service 4 4 T&C apply

Benefit Illustration

Only Life Cover

Nakul is a 35-year-old healthy male. Having recently become a father, he feels that it is his responsibility to ensure the financial security of his family for which he opts for Tata AIA Sampoorna Raksha Supreme Term Plan and chooses the Life Option.

Life cover

1 Cr

Pays premium for

40 years

Annual Premium

Rs 17,400 (excl GST)

Gets cover for

40 years

Policy commences

Life cover of ₹1 Cr from day 1

If death happens within 40 years term

Nominee will receive lump sum death benefit of ₹1 Cr & policy terminates

On survival till year 40

No benefit will be paid and life cover ends

Life Cover with Riders

Rahul is a healthy, 35-year-old male. Being the sole breadwinner of his family, he works hard to ensure their well-being. He opts for Tata AIA Sampoorna Raksha Supreme with Life cover of ₹1 Crore and also opts for Accidental Total and Permanent Disability (ATPD) rider of ₹1 Cr and CritiCare Plus (CCP) rider of ₹10 Lakh.

Life cover

1 Cr

Pays premium for

40 years

Gets cover for

40 years

Additional benefits

ATPD: ₹1 Cr

CCP: ₹10 Lakh

Annual Premium

Rs 25,690 (excl GST) (Base Plan- 17,400
ATPD- 2,700
CCP- 5,590)

Policy commences

Life Cover of ₹1 Cr + Accidental Total & Permanent Disability of ₹1 Cr + Critical Illness Benefit of ₹10 Lakh

Meets with an accident that leads to permanent disability in year 15

Rahul gets lump sum of ₹1 Cr & ATPD rider terminates

Diagnosed with covered critical illness in year 30

Rahul gets lump sum of ₹10 Lakh & CCP rider terminates

If death happens within 40 years term

Nominee will receive lump sum death benefit of ₹1 Cr & policy terminates

On survival till year 40

No benefit will be paid and life cover ends

Life Cover with Return of Premium (ROP)

Sameer is a 35-year-old working professional. He and his wife have jointly taken a home loan and are also supporting their ageing parents. Sameer wanted a plan with life cover to provide financial security for his family but wanted to get back the premiums in case no event occurs. So, he opts for Tata AIA Sampoorna Raksha Supreme Term Plan with the Life Plus Option

Life cover

1 Cr

Pays premium for

40 years

Annual Premium

Rs 22,600 (excl GST)

Additional benefits

Return of Premium

Gets cover for

40 years

Policy commences

Life cover of ₹1 Cr from day 1

If death happens within 40 years term

Nominee will receive lump sum death benefit of ₹1 Cr & policy terminates

On survival till year 40

Sameer will receive a maturity benefit of Rs 9,49,200 and life cover ends

Highlights of Tata AIA Sampoorna Raksha Supreme

Get Income Tax Benefits

Get income tax ~ benefits as per applicable income tax laws

Multiple Payment Options

Under this policy, you can choose from single, monthly, half-yearly, quarterly, and yearly premium payment frequency options.

Preferential Premium Rates for Women

Women policyholders or female life insured can get preferential premium rates on their insurance policy.

Financial Protection

Secure your family’s financial future and ensure they live a life with the same lifestyle even in your absence with the death benefit pay-out.

Flexibility to Choose Plan Option

Choose from four flexible plan options under this policy, each designed to serve your unique insurance needs. You can opt for the Life Option, Life Plus Option, Life Income Option and Credit Protect Option, as per your life cover needs.

Option To Get Income Pay-Outs

The policyholder can choose the Income Start Age to begin receiving regular monthly income, as per the applicable plan option. You can select the Income Start Age at the age of 55, 60 or 65 years, based on your last birthday, to start receiving your regular monthly income for a peaceful life, free from financial worries.

Get Maturity Benefits

Provided all premiums are paid on time, you will enjoy the benefits of the return of premium** payment upon policy maturity.

Get Additional Benefits

Avail Additional Benefits / Value Added Services 6 up to Rs. 30,000/- per year at no additional cost
Additional Benefits/Value Added Services 6 offered with Tata AIA Life SRS Vitality Protect
Sr. No Value Added Services Frequency
1 Medical Teleconsultation 4 consultations per month = 48 consultations per annum
2 Annual Health Check-up 1 Health check-up per annum
3 Personal Medical Case Management (PMCM) (max. 3 months of service period) Throughout the year
Doorstep claim services

Our Easy Claim Initiative provides convenient claim service at your doorstep. The Beneficiary can call our helpline to schedule an appointment. Our agent will visit your residence and help in completing the documentation and quickly initiate the claim process.

4 hour claim settlement

Also, with our Express Claims4 service, a unique service initiative, the beneficiary can submit the necessary documents with our agent who will initiate the claim process and ensure that the claim amount is received within 4 hours.


Table of Content

Why is Term Life Insurance Essential? | Tata AIA Life Insurance

Why is Term Insurance Essential?


Term 1 insurance serves an important purpose of providing a protective life cover to your loved ones and securing them against financial hardships in your absence. However, at some of the various stages of life, our insurance needs also change.
The Tata AIA Sampoorna Raksha Supreme Plan can help you meet certain important milestones and aid you in securing the financial future of your loved ones better at various stages of life. Besides, there are multiple advantages of buying a term insurance plan early.

Provides Financial Security

Buying a term plan is important if you are the sole bread earner in your family. In case of any unfortunate event, term plans help to cover the risk and secure the future of your loved ones.

Get Higher Cover at Lower Premium 3

When you are young, you have limited responsibilities, and you are just starting your career. As a salaried individual, you should opt for adequate life cover protection for your family in return for affordable premiums that do not burden your earnings.

Early Mover
Advantage

With an increase in age, your premium may also increase. When you buy the term plan at an early age it is more affordable.

Avail
Tax Benefits

When you purchase a term plan, you get Tax Benefits~ as per applicable tax laws thus it will help you to save on tax.


Who Should opt for Tata AIA Sampoorna Raksha Supreme Plan?

Young Individuals

This plan can be quite beneficial for single individuals, who may be responsible for their aged parents’ care. In the absence of this individual, the life insurance cover will provide financial assistance to the senior parents.

Young Individuals

This plan can be quite beneficial for single individuals, who may be responsible for their aged parents’ care. In the absence of this individual, the life insurance cover will provide financial assistance to the senior parents.

Married Couples

It is essential for newlyweds to buy a term insurance plan as with marriage you get additional responsibilities of your spouse. With Life Stage plan option, you can increase your sum assured by 50% to help you cover your partner and take care of newer responsibilities.

Married Couples

It is essential for newlyweds to buy a term insurance plan as with marriage you get additional responsibilities of your spouse. With Life Stage plan option, you can increase your sum assured by 50% to help you cover your partner and take care of newer responsibilities.

Young Parents

Couples who are planning to or already have a child/children can utilise the plan’s Life Stage Benefit option to increase their plan’s coverage by 25%.

Young Parents

Couples who are planning to or already have a child/children can utilise the plan’s Life Stage Benefit option to increase their plan’s coverage by 25%.

Entrepreneurs

In general, a term insurance policy can be helpful in protecting your family from the financial risks of unpaid business loans and debts in case of the untimely demise of the life assured.

Entrepreneurs

In general, a term insurance policy can be helpful in protecting your family from the financial risks of unpaid business loans and debts in case of the untimely demise of the life assured.

Retired Individuals

The Life Income Option under this plan provides the dual benefit of death benefit as well as regular monthly income making it an ideal choice for a stable future income to safeguard the financial security of your loved ones. You can receive a steady income from an Income Start Age at 55, 60 or 65 years, as selected by you.

Retired Individuals

The Life Income Option under this plan provides the dual benefit of death benefit as well as regular monthly income making it an ideal choice for a stable future income to safeguard the financial security of your loved ones. You can receive a steady income from an Income Start Age at 55, 60 or 65 years, as selected by you.

Working Women

Working women have responsibilities like looking after their family or old parents, managing their own expenses, making investments, planning a new business venture, their wedding, etc. Therefore, life insurance for women is a necessity.

Working Women

Working women have responsibilities like looking after their family or old parents, managing their own expenses, making investments, planning a new business venture, their wedding, etc. Therefore, life insurance for women is a necessity.

Tata AIA Sampoorna Raksha Supreme Product Snapshot

Multiple Plan Options

Life, Life Plus, Life Income and Credit Protect

Whole Life Coverage

Up to 100 years of age ^

Get your Premiums Back

Get 105% premiums paid by you with Life Plus plan option **

Increase Life Cover

Increase your life cover at important milestones such as marriage or childbirth *

Express Claims Settlement

Get your claims settled in 4 hours 4

Easy Premium Payment Options

Single, Annual, Half-yearly, Quarterly, and Monthly payment options available

Traditional Term Insurance vs Tata AIA Sampoorna Raksha Supreme Policy

Return of Premiums

Whole Life Coverage

Comprehensive Financial Security

Choice of Premium Payment Options

Life Stage Option Benefit

Flexible Payout Options

Waiver of Premiums

Traditional Term Plans

Sampoorna Raksha Supreme Policy

Why Do You Need Tata AIA Sampoorna Raksha Supreme?

The Tata AIA Sampoorna Raksha Supreme and its flexible plan options are designed to help you meet your insurance needs. At each life stage, regardless of one’s gender, occupation, age, etc., this plan can prepare your family for life’s uncertain events.