TATA AIA Claim Settlement Ratio
  • CSR of the Company
  • Types of Claims
  • Claim Filing Process
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Himanshu Kumar
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Himanshu

Himanshu Kumar

Term & Life Insurance

Himanshu is a content marketer with 2 years of experience in the life insurance sector. His motto is to make life insurance topics simple and easy to understand yet one level deeper for our readers.

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Reviewed By:
Raj Kumar

Raj Kumar

Health Insurance

Raj Kumar has more than a decade of experience in driving product knowledge and sales in the health insurance sector. His data-focused approach towards business planning, manpower management, and strategic decision-making has elevated insurance awareness within and beyond our organisation.

Updated on Apr 08, 2025 4 min read

Tata AIA Term Plan Claim Settlement Ratio

Claim settlement ratio is the data that is calculated yearly and displayed on the company’s website. It is a percentage of claims that the insurer has paid out against the number of outstanding claims during a financial year. It’s always best for the policyholder to check and compare ratios of different companies, before buying the policy to have a comprehensive understanding of the insurer’s claims-paying ability. A company with a good claim settlement ratio also provides ways to minimize unwanted issues effectively during the claim process.

Tata AIA Term Insurance Claim Settlement

Tata AIA Life Insurance has hassle-free and transparent claim settlements to avoid any fatalities. It is one of the leading insurance providers in the Indian Insurance market and has a high claim settlement ratio of 99.01% in FY 2021-22. The company provides term insurance plans at affordable prices. Tata AIA Life allows the policyholder to file for a claim both online and offline.

Types Of Tata AIA Term Insurance Claim Settlement Process

The company offers two types of claim-settling processes for its customers. The policyholders can get their claims settled online or offline at their own convenience. Let’s take a detailed look at both the claim-settling processes.

  • Online claims
  • Offline claims

Tata AIA Term Insurance Claim Settlement Process - Online

The claim request and documents are assessed by the claims team of Tata AIA Term Insurance, the claims can be requested online on the website by following these simple steps:

Step 1: Tata AIA Term Insurance has an online portal and the claim form is provided at the ‘Claims’ page of the website. Policyholders must fill in all information in the form and submit it. By filling out this form the person will inform the insurance company about the claim.

Step 2: On submitting the claim form, the company will ask for certain documents, which must be submitted online along with the form for claim examination.

Step 3: When the documents related to the claim are reviewed thoroughly, the company approves and makes the claim decision. As soon as the claim is accepted the claimant is notified about the claim payout.

Tata AIA Term Insurance Claim Settlement Process - Offline

Tata AIA Life term insurance claims can be proclaimed to the claims team at the nearest Tata AIA Life branch office. The policyholder can visit the branch office to file a claim and fill out the form with all the necessary information, AIA Life experts team will assist you at every step of the claim settlement process.

Explore other Tata AIA Term Insurance

Tata AIA Term Insurance offers one of the best term insurance plans to cater to the unique needs of every customer. You can buy their term plans with high life cover at pocket-friendly costs. Get a 5% discount for online purchases and 100% claim assistance with Tata AIA Term Insurance plans. Below is the list of term plans offered by Tata AIA.

Tata AIA Sampoorna Raksha Promise

Tata AIA Sampoorna Raksha Promise

Sampoorna Raksha Promise by Tata AIA Life Insurance is a pure-term insurance plan that offers financial protection to your loved ones in case of your ...

Unique Features

  • 4 Plan Options
  • Joint Life Option
  • Instant Payout on Claim

Tata AIA Sampoorna Raksha Promise (Pros)

Tata AIA Sampoorna Raksha Promise
  • Choice of Plan Options
  • Instant Payment on Claim Intimation
  • Whole Life Coverage Option

Tata AIA Sampoorna Raksha Promise (Cons)

Tata AIA Sampoorna Raksha Promise
  • No Policy Loan is Available
  • No Plan Conversion Option
  • No Maturity Benefit

Tata AIA Sampoorna Raksha Promise (Other Benefits)

Tata AIA Sampoorna Raksha Promise
  • Special Discount for Females
  • Add-on Riders to Choose
  • Choice of Death Benefit Payout

Tata AIA Sampoorna Raksha Promise (Eligibility Criteria)

Tata AIA Sampoorna Raksha Promise
  • Entry Age - 18 years
  • Minimum Sum Assured - 25 L
  • Max Maturity Age - 100 Yrs
  • Premium Payment Term - LP/RP/SP
  • Max Entry Age - 65 years (Adaptable)

TATA AIA Maha Raksha Supreme

TATA AIA Maha Raksha Supreme

TATA AIA has introduced a term plan which covers you for terminal illnesses. You can avail of 50% of the basic sum assured in case you are diagnosed w...

Unique Features

  • Life Stage Plus Option
  • Payout Accelerator Benefit
  • Non-smoker & Female Discounts

TATA AIA Maha Raksha Supreme (Pros)

TATA AIA Maha Raksha Supreme
  • Additional Riders
  • High Cover Discount
  • Life Coverage with Terminal Illness Payout

TATA AIA Maha Raksha Supreme (Cons)

TATA AIA Maha Raksha Supreme
  • No Policy Loan is Available
  • No Plan Conversion Option
  • No Maturity Benefit

TATA AIA Maha Raksha Supreme (Other Benefits)

TATA AIA Maha Raksha Supreme
  • Payout Accelerator Benefit
  • 105% SA Death Benefit
  • Whole Life coverage (till age 100 years)

TATA AIA Maha Raksha Supreme (Eligibility Criteria)

TATA AIA Maha Raksha Supreme
  • Entry Age - 18 years
  • Minimum Sum Assured - 50 L
  • Max Maturity Age 100Yrs
  • Premium Payment Term - LP/RP/SP
  • Max Entry Age - 65 years(Adaptable)

TATA AIA Saral Jeevan Bima

TATA AIA Saral Jeevan Bima

TATA AIA Saral Jeevan Bima is a pure protection plan. The plan is designed with simple terms and conditions, it is affordable and accessible to even t...

Unique Features

  • A simple and easy plan
  • Affordable premiums
  • Choose your rider options

TATA AIA Saral Jeevan Bima (Pros)

TATA AIA Saral Jeevan Bima
  • Available for Online Buying
  • Choose to pay Premium Once
  • Max Sum Assured 50L

TATA AIA Saral Jeevan Bima (Cons)

TATA AIA Saral Jeevan Bima
  • No Survival Benefit
  • No Maturity Benefit
  • No Surrender Benefit

TATA AIA Saral Jeevan Bima (Other Benefits)

TATA AIA Saral Jeevan Bima
  • Suicide Cover
  • Spouse Cover
  • Policy Revival Within 5 Years

TATA AIA Saral Jeevan Bima (Eligibility Criteria)

TATA AIA Saral Jeevan Bima
  • Entry Age - 18 years
  • Max Entry Age - 65 years
  • Minimum Sum Assured - 5 L
  • Maximum Maturity Age - NA
  • Premium Payment Term - RP/SP/LP(5&10 Years)

Tata AIA SRS Vitality Protect

Tata AIA SRS Vitality Protect

Tata AIA SRS Vitality is a rеmarkablе term insurance plan that sеamlеssly blеnds two еssеntial еlеmеnts - Tata AIA Life Insurance Sampoorna ...

Unique Features

  • Whole Life Cover
  • Wellness Program
  • Cover Boosters

Tata AIA SRS Vitality Protect (Pros)

Tata AIA SRS Vitality Protect
  • 10% Guaranteed Discount
  • Wellness Rewards Program
  • Guaranteed 1st Year Discount

Tata AIA SRS Vitality Protect (Cons)

Tata AIA SRS Vitality Protect
  • No Plan Conversion Option
  • No Maturity Benefit
  • Limited Premium Payment Terms

Tata AIA SRS Vitality Protect (Other Benefits)

Tata AIA SRS Vitality Protect
  • 75% SA Terminal Illness Coverage
  • Cover Boosters
  • Up To 30% Rider Premium Discount

Tata AIA SRS Vitality Protect (Eligibility Criteria)

Tata AIA SRS Vitality Protect
  • Entry Age - 18 years
  • Max Entry Age - 65 years
  • Minimum Sum Assured - 50 L
  • Max Maturity Age 100Yrs
  • Premium Payment Term - (5-81 Yrs) LP/RP/SP

TATA AIA Insta Protect

TATA AIA Insta Protect

Tata AIA Insta Protect is a comprehensive plan protecting your family against death, disability, and disease under a single plan. The plan safeguards ...

Unique Features

  • All round protection
  • Loaded with features
  • Very high Sum Insured

TATA AIA Insta Protect (Pros)

TATA AIA Insta Protect
  • Covers Death Due to Accident
  • No Medical Tests
  • Accelerated Terminal Illness

TATA AIA Insta Protect (Cons)

TATA AIA Insta Protect
  • No Loans Allowed
  • No Maturity Benefit
  • No Suicide Cover in Terminal Illness

TATA AIA Insta Protect (Other Benefits)

TATA AIA Insta Protect
  • Return of Premiums (Optional)
  • Survival and Maturity Benefit
  • Health and Wellness Benefits

TATA AIA Insta Protect (Eligibility Criteria)

TATA AIA Insta Protect
  • Entry Age - 18 years
  • Max Entry Age - 45 years
  • Minimum Sum Assured - 25 L
  • Maximum Maturity Age - 75 Yrs
  • Premium Payment Term - LP/RP/SP

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Tata AIA Term Insurance Claim Settlement Ratio: FAQs

1. What is the claim settlement ratio of Tata AIA Term Insurance for the financial year 2021-22?

The claim settlement of Tata AIA Term Insurance for the year 2021-2022 is 99.01%.

2. What are the types of claims settlement processes offered by Tata AIA Term Insurance?

There are two types of claims settlement processes offered by Tata AIA Term Insurance they are- Online and offline process.

Explore Tata AIA Term Insurance

TATA AIA Claim Settlement Ratio

TATA AIA Claim Settlement Ratio

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Tata AIA Term Insurance Premium Payment

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Tata AIA Term Plan Calculator

Term Insurance Companies

Check and compare plans from 21 IRDAI-approved term insurance providers before purchasing a term plan.

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Himanshu Kumar

Written By: Himanshu Kumar

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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