One Term Plan. Multiple Benefits – Tata AIA’s Term Insurance Plan

2 minutes, 44 seconds Read

One Term Plan. Multiple Benefits.

What makes Tata AIA’s Term Insurance Plan Unique?

We offer customised solutions that enables you to protect the smiles of your loved ones.

Whole Life Coverage

Up to 100 years of age3 for your family’s guaranteed life-long financial security

Get Additional Benefits

Avail Additional Benefits / Value Added Services4 up to Rs. 30,000/- per year at no additional cost

105% premium~ back

With Life Plus option

Add-on security (Riders~~)

40+ critical illness cover. Hospitalization benefit. Accidental death, Accidental Total & Permanent Disability Cover.

Tax savings up to ₹46,800*

As per the applicable Income Tax laws.

Boost life cover3

At important milestones such as home loan disbursal, marriage or child birth

Pay as per convenience

Monthly / Quarterly / Half-yearly / Annually / Lumpsum

Inbuilt privileges
  • Terminal illness benefit
  • Special premium for females


What is a term life insurance plan?

Term Life Insurance is a pure protection life cover product. In term insurance, the policyholder pays a specified sum as a premium to the life insurance company, and in return, the company provides life cover to the insured. On any unfortunate event such as death of the life assured, the pre-specified sum assured (also known as the death benefit) is paid out to the appointed nominee.

Term Insurance plans are affordable, and the premium amount is less if you buy at a younger age. Term insurance plans are a must-have for anyone who is a breadwinner for their family and has loved one’s dependent on their income.

Why should I buy a term insurance plan?

Term insurance plans offer a high sum assured for a low premium cost as compared to other life insurance policies. These plans are perfect for people who are the bread earners in the family and have financial dependents. Here are a few reasons why you should buy a term life insurance plan:

  • Cost-effective coverage: Term insurance plans have one of the lowest premiums among life insurance policies. You can seamlessly get extensive coverage of up to Rs 1 crore well within your budget.
  • Safeguard your family’s financial future: The death benefit pay-out from a term insurance plan will secure your family’s financial future, even in your absence.
  • Customizable cover: You can enhance the coverage of the term plan with a choice of add on riders
  • Tax benefits: The premiums paid for a term insurance can used for availing income tax~ benefit as per applicable tax laws. 
Does term insurance only provide a pure life cover?

A pure term plan will provide only life cover and death benefits to the deceased policyholder’s family if the death occurs within the policy term. However, if the term plan offers a return on premium, then the total of all the premiums paid under the base plan will be paid back to the policyholder if they survive the policy term.

Who should buy term insurance?

Anyone who needs a pure risk cover, has financial liabilities and/or wants to secure their family against financial obligations in case of an unfortunate event should get a term insurance policy.

Is buying a term policy online safe?

Yes, purchasing a term policy online is safe. Also, the payment process is secured, and you get the benefit of easy access to your policy account, and more transparency and ease in paying the renewal premium.

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Download This App To Get Bonus!