To get more insight into Tata AIA Life Insurance Company's performance, take a look at the below key highlights that will help you to analyze the company based on its performance:
Tata AIA Life Insurance has a Solvency Ratio of 1.9. as per the IRDAI annual report 2022-23. The solvency ratio helps the prospective policyholder assess the ability of a company to meet its financial obligations. As of now, IRDAI mandates maintaining a solvency ratio of 1.50 for every insurer.
There are various features to Tata Life Insurance, Lets understand each of them in detail:
There are multiple benefits of Tata Life Insurance. Read below to understand the plethora of advantages provided by the insurer.
Tata AIA Life insurance plans list is long and all plans provide an overall coverage to meet various needs and suit various requirements.
The death benefit might be used to settle debts, make up for lost income, or fund schooling. Therefore, even after his passing, the policyholder's family will have financial security.
Tata life insurance plans are very flexible in nature, as the customer can easily make modifications to the plans according to his needs. The policyholder can add riders, addon benefits or even can customize policy sum and tenure.
By providing policyholders with access to 24-hour customer care, the company helps them. The expert teams help the customers to buy plans, settle claims and help them with their queries.
Here are the rider options you can avail with Tata AIA Life Insurance Plans to enhance your coverage:
Here is the list of documents required to buy Tata AIA Life Insurance:
Photo ID Proof (either of one) - Passport, Aadhar card, PAN card, Driving license.
Every claimant/nominee is assigned a dedicated Claims Relationship Officer who helps through the entire process. The life insurance claim Settlement process at Kotak Life Insurance involves the following three steps:
Inform the company about the incident via various channels-either by writing an email to Exide Life at claims@tataaia.com, calling the toll-free number (1800-103-7766), filling out the online claim form on its website, or visiting the nearest branch. A claim reference number/intimation number will be provided to you upon successful registration of the claim.
You have to submit the necessary documents requested by the insurer to process the claim.
In case of natural death: death claim form, death certificate, original policy documents, claimant's identity & residence proof, medical records, and account details of the nominee.
In case of an accidental death: the same documents with two additional ones: FIR and post-mortem report.
Once Tata AIA receives your claims they will verify all the details. Moreover, they can ask you for any additional documents if required. Tata AIA Life will send you a claim reference number after verifying the submitted documents.
Tata Life Insurance settlement procedure can be reported by visiting the local Branch Office. For the details of Tata Life Insurance, you can visit their website and locate the nearest branch. You have to submit the essential documents at the branch so that your claim can be processed.
If you have any more queries regarding Tata AIA Life Insurance Plans,
Renewals, or Claim Procedures, contact our insurance experts at:
1800-4200-269 now!
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Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.
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