TATA AIA Maha Raksha Supreme
- Life Stage Plus Option
- Payout Accelerator Benefit
- Non-smoker & Female Discounts
Given below are the key specifications of Tata AIA life insurance Maha Raksha Supreme plan.
Specifications |
Parameters |
|---|---|
| Entry age | 18-70 years |
| Maturity age | Max: 80 years |
| Sum assured | Minimum: 50 lacs Maximum: No upper limit (Subject to underwriting) |
| Policy term | 10- 40 years |
| Premium paying modes | Regular pay/Single pay |
| Premium paying modes | Annual/SemiAnnual/Quarterly/Monthly |
You can opt for this benefit at the inception of the plan, and can avail this 3 times during the policy term. The minimum additional sum assured that you can avail is 10% of the basic sum assured and the maximum limit is 50% of the basic sum assured, not to exceed INR. 50 Lacs.
It is important to note that if payout accelerator benefit is availed, then this feature cannot be clubbed with it.
Basic sum assured |
Regular pay |
Single pay |
|---|---|---|
| 50 Lakh to 1 crore | No discount | No discount |
| 1 Crore or above | 0.2 per 1000 Basic Sum Assured | 0.5 per 1000 Basic Sum Assured |
** Terminal illness refers to an irreversible medical condition when the patient is expected to die in the upcoming six months, which is certified, written, and documented by two registered physicians.
Below is the premium illustration for a healthy, non-smoker male.
Age |
Basic sum assured |
Policy term |
Regular pay (Rs) |
Single pay (Rs) |
|---|---|---|---|---|
| 35 | 50 Lacs | 30 | 9,300 | 1,39,600 |
| 35 | 1 crore | 30 | 16,600 | 2,74,200 |
| 40 | 50 Lacs | 20 | 11,500 | 1,27,300 |
| 40 | 1 crore | 20 | 21,000 | 2,49,600 |
Tata Aia Maha Raksha Supreme plan offers 15 days of free look period for offline purchases and 30 days for online purchases.
The minimum age to purchase the Tata AIA Maha Raksha Supreme is 18.
No, you can only get up to 50% of the sum assured upon diagnosis of any terminal illnesses.
The minimum sum assured you can opt for under the Tata Aia Maha Raksha Supreme term plan is 50 lakhs.
Know More About Term Insurance Companies
Know More About Life Insurance Companies
See More Term Insurance Articles
See More Term Insurance Articles
Read what our customers have to say about Tata AIA term insurance company
March 15, 2024
I need an instant tax receipt for my Tata Aia life insurance premium pay for section 80C. So, I decided to reach out to Policyx.com for the same.
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...
Daina is a content writеr with a profound grasp of Insurancе, Stocks, and Businеss domains. Hеr extensive 3-year еxpеriеncе in thе insurancе industry еquips hеr with a nuancеd undеrstanding of its intricaciеs. Hеr skills еxtеnd to crafting blogs, articlеs, social mеdia copiеs, vidеo scripts, and wеbsitе content. Her ability to simplify complex insurancе concepts into reader-friendly content makes her an еxpеrt in the domain.
