Top 3 Plans Offered By Tata AIG Life Insurance

Tata aia life insurance

Tata AIA formerly known as Tata AIG Life Insurance is one of the big market leaders in insurance sector. Tata AIA Life Insurance Company offers wide range of insurance products to the customers in order to fulfill their requirement. Tata AIA also known as Tata AIG Life Insurance Company is a joint venture between Tata Sons Limited and AIA Group Limited. The company provides its services in different areas like life, health and group insurance.

Tata AIG Life Insurance Company runs with a customer centric approach and provides customized life insurance plans to its customers. To help the insurance seekers know more about Tata AIG Life Insurance plans, here we have briefly discussed top 3 plans offered by Tata AIA Life Insurance.

1. Tata AIA Life Insurance iRaksha TROP-

This term insurance plan can be availed online and guarantees of premium. The plan provides three premium payment options i.e. regular pay, limited pay and single pay. Some of the other salient features offered by the policy are:-

• This policy can be bought online in a simple and hassle freeway.

• On maturity of the policy, the plan returns 100% of the premium paid.

• Under regular pay option the premium can be paid regularly from the entire tenure of the policy.

• In case of demise of the insured during the tenure of the policy, the beneficiary of the policy receives the sum assured amount as death benefit.

• The entry age of the policy ranges from 18 years to maximum 65 years.

• The plan provides a yearly and half-yearly premium payment option.

2. Tata AIA Life Insurance Maharaksha Supreme-

This is a non-linked non participating insurance plan. Tata AIA Life Insurance Maharaksha Supreme plan provides payout accelerator benefit option under this option the sum assured amount increases by 50% in case if the insured is diagnosed with any terminal illness. Some of the key features offered by the plan are:-

• The insured can pay the premium regularly during the entire tenure of the policy.

• The entry age of the policy ranges from 18 years to 70 years.

• The minimum sum assured amount offered by the policy is Rs5 lakh.

• The maximum maturity age of the policy is 80 years.

• This policy provides preferential rates of premiums to the non-smokers for maintaining a healthy life style.

• The death benefit offered by the policy is 10 times of the annualized premium or 105% of the total premium paid or the sum assured amount whichever is higher.

• The plan offers an additional feature of life stage plus under which the policy holder can increase the sum assured amount during the policy tenure up to Rs50 Lakh.

3. Tata AIA Life Insurance iRaksha Supreme-

Tata AIA Life Insurance iRaksha Supreme is an online term insurance plan that provides life insurance coverage to the insured at a very economical rate. Due to its online availability the plan can be purchased in a simple and hassle freeway. Some of the key features of the policy are:-

• This plan can be bought online in a simple and hassle freeway.

• The insured can pay premium regularly during the entire tenure of the policy.

• The female policy holders are charged lower premium.

• If the insurance seeker choose a high sum assured level of Rs75 lakh and above then he/she can avail rebate on premium paying amount.

• The entry age of the policy ranges from minimum 18 years to maximum70 years.

• The maximum maturity age of the policy is 80 years.

• The minimum sum assured amount of the policy is Rs50 lakh.

• The policy has a premium payment frequency of yearly and half-yearly.

Broadly speaking, these top 3 plans offered by Tata AIG Life Insurance Company provide numerous benefits to its customers in a very economical rate. As insurance policies can be availed online, it saves a lot of time and is hassle free. By comparing the quotes online one can choose the most beneficial plan according to their own suitability.

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