Tata AIA Life Insurance offers affordable term insurance plans that provide life cover and also provide financial assistance to your family in case of your unforeseen demise during the policy tenure. These plans provide dual benefits which are life cover and financial assistance for your family. With these term insurance plans, you can ensure a financially secure future for your family even if you are not around.
Tata AIA Life Insurance offers six-term insurance plans as discussed below:
1. Sampoorna Raksha Supreme: Sampoorna Raksha Supreme plan provides life cover and also provides financial security to family members of the life assured in difficult situations such as the unforeseen demise of the life assured during the policy term. Under this plan, you get the flexibility to choose a death benefit payout as a lump sum, installments (up to 120 months), or part lump sum and part installments. Sampoorna Raksha Supreme plan provides an option to increase the coverage of the policy at any time during the policy term.
2. Saral Jeevan Bima: Saral Jeevan Bima is a simple pure protection plan which provides financial protection to family members of the life assured in case of an unfortunate demise of the life assured during the policy tenure. Under this plan, you get the flexibility to choose policy terms and premium payment terms.
3. Sampoorna Raksha: Sampoorna Raksha plan provides financial security to the family of the life assured in case the life assured passes away during the policy term and this plan also offers life coverage up to 100 years of age. This plan provides an option to choose between two optional riders and also offers flexibility to choose premium-paying terms.
4. Sampoorna Raksh+: Sampoorna Raksh+ provides financial security to the family members of the life assured, in case of a sudden demise of the life assured. This plan also provides the return of premiums as maturity benefits on survival. This TATA AIA term insurance plan offers to choose between two death benefits Lump Sum amount on death and Lump Sum amount + monthly income for a decade.
5. iRaksha TROP: Tata AIA Life Insurance iRaksha TROP offers financial protection for policyholders' families along with payment of total premiums at the end of the policy tenure. This plan offers a choice between two optional riders.
6. Maha Raksha Supreme: Tata AIA Life Insurance Maha Raksha Supreme plan has an inbuilt accelerator that offers up to 50% of the sum assured payout of diagnosis of any terminal illness. This TATA AIA term plan offers flexibility to choose the premium paying term and offers the choice between two optional riders.
