The company provides customers with a variety of convenient options to make premium payments. The payment for the TATA AIA term life insurance plans (TATA AIG term life insurance) can be made through:
Yes. If you are a smoker, you have to pay a higher premium amount than a non-smoker.
No, one can't change a term plan's specifications after buying it. However, if required, one can opt for a plan that has an increasing or decreasing sum assured.
Yes, you can change the beneficiary of the TATA AIA term plan during the tenure of the policy.
TATA AIA term plan offers 30 days free look period to cancel your policy and the premium paid will be refunded.
Tata aia term insurance offers a grace period of 30 days in which you can pay your premium. If the premium is not paid during the grace period, your insurance policy will lapse, and you will have two years to revive it.
No, TATA AIA term plan does not offer maturity benefits. You can choose the Term Insurance with Return of Premium (TROP) Plan in which you can get back the premiums paid on term insurance.
The Claim Settlement Ratio of TATA AIA Term Insurance plan 98.53% .
The mode of payments of TATA AIA Term Insurance plans are: yearly, half-yearly, quarterly, and monthly.
Documents required for online claim settlement are:
The Policyholder must first fill the surrender form and then attach the relevant documents at the nearest branch. After going through the documents the company will transfer the amount in the policyholder's bank account. And the policy will be cancelled forever.
You may only purchase a TATA AIA term plan for yourself. If your spouse earns a salary, they can purchase it for themselves. You can always choose to have your spouse or child get the death benefit, though.
The terms of the Tata AIA Term plan are not different for smokers and non-smokers. The only charges that differ are premium rates and sometimes non-smoker’s discounts.
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Read what our customers have to say about Tata AIA term insurance company
February 24, 2022
I have a home loan, a 4 year daughter, old mother and wife. I am a salaried person and always worried about future saving for them. TATA gave me a good cheap plan that fulfills my wishes for fu...
February 18, 2022
My husband passed away and I felt stuck but then when i contacted the company they helped me without giving me any issues.
October 5, 2021
It is a very good company. Not only it looks after the customers needs but also is always available whenever the customer has any queries
September 21, 2021
If you are looking to buy a Term Life insurance policy, go for Tata aia Insurance company. their customer support team is very supportive and very helpful.
September 16, 2021
Happy with the services of the company, Full satisfied. The customer care team helps its customers very patiently and nicely.
June 28, 2021
TATA AIA offers a wide range of life insurance products. I have bought two life insurance plans from the company, and I am happy about my decision.
June 28, 2021
One of the best thing I have bought for my family. I have this assurance that in my absence my family s dreams would be fulfilled without any roadblocks. Thank you TATA AIA for supporting every...
November 5, 2015
I visited this portal after the advice of one of my friends. While comparing i got a bit confused regarding which plan to chose. Got a call from their custoemr support team who guided me throug...
