Tata AIA Sampoorna Raksha Promise

Overview

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 death. This plan allows you to opt for whole-life coverage (up to 100 years). You can choose from 4 plan options available with this plan. This term insurance policy comes with an inbuilt waiver of premium on diagnosis of terminal illness.

Tata AIA is one of the leading life insurance companies that offers multiple life insurance solutions, including term plans, ULIPs, child plans, and savings plans.

Key Benefits of Sampoorna Raksha Promise Plan

• Choice of Plan Options
• Instant Payment on Claim Intimation
• Whole Life Coverage Option
• Special Discount for Female Policyholders
• Add-on Riders to Choose
• Choice of Death Benefit Payout

Riders Associated with Tata AIA Sampoorna Raksha Promise Plan

You can add the following riders to your Tata AIA Sampoorna Raksha Promise:

• Tata AIA Comprehensive Protection Rider: It provides extra protection against accidental death, disability, and critical illness.
• Tata AIA Comprehensive Health Rider: It offers financial support for major health-related emergencies and illnesses.
• Tata AIA Life Insurance Vitality Protect: This rewards healthy lifestyle habits while enhancing life insurance protection.
• Tata AIA Life Insurance Vitality Health: It combines health coverage with wellness rewards for maintaining healthy activities.

Additional Features

• Flexible Cover: Offers whole life cover (up to age 100).
• Death Benefit Payouts: Nominees can receive benefits as a lump sum, staggered installments (up to 30 years), or a combination.
• Joint Life Option: Flexibility to cover a spouse under the same policy.
• Instant Payout: An accelerated instant death benefit of ₹3 Lakhs is paid within one working day of claim intimation for policies with a minimum sum assured of ₹1 Crore (after a 3-year waiting period).
• Special Discounts: 15% lower premium for female policyholders, with additional discounts for salaried customers and single mothers.
• Payor Accelerator Benefit: Pays 50% of the Effective Sum Assured on terminal illness diagnosis, waives future premiums, and the policy continues with the remaining cover.
• Cover Enhancement Options: Increase life cover during major life events or boost it yearly by 5% to 20%.
• Super Retirement Benefit: Get back 100% of total premiums paid from the 30th policy year or age 70, with an extra 5% benefit if used to buy a Tata AIA Life Insurance annuity.
• Waiver of Premium on Husband’s Death: Available for female policyholders; future premiums are waived if the husband passes away.
• Health Management Services: Complimentary access to medical consultations, second opinions, and personal medical case management.

Exclusions

• No claims shall be paid in case of the policyholder’s death due to suicide within one year of policy purchase.
• No policy loan is available under this plan.