A joint endeavour of the AIA Group (AIA) and Tata Sons, Tata AIA Life or Tata AIA Life Insurance Company has an unparalleled reputation in India. AIA has a status of being the world’s largest pan-Asian life insurance company. Together these two form one of the most trusted brands in the insurance section in India.
With branches across all major cities of India, Tata AIA offers an extensive array of policies to choose from. It offers life, health and group insurance policies to all sections of the society in India.
Tata AIA Life Insurance has a very customer friendly reputation. Its policy plans ensure that the customer receives maximum benefits.
The life insurance plans offered by the Tata AIA provide an all-inclusive coverage for all the uncertainties of life.
From children to senior citizens, Tata AIA provides a wide range of policies for the comfort and safety of its policyholders. The additional benefits and rider plans provided by TATA are very economical.
The company staff and authorities are very dedicated to provide a user-friendly interface to their customers.
The different categories of policies offered by Tata AIA are:
Life Insurance Protection Plans:
iRaksha TROP
Maha Raksha Supreme
iRaksha Supreme
Life Insurance Savings Plans:
Smart Growth Plus
MahaLife Gold Plus
MahaLife Magic
Money Maxima
Smart Income Plus
Wealth Plans:
Fortune Maxima
Fortune Pro
Wealth Maxima
Group Insurance:
Group Total Suraksha
Group Term Life
Immediate Annuity
Child Plans:
Super Achiever
Good Kid
Micro Insurance Plan:
Saat Saath
Retirement Plans:
Insurance Freedom
Life Insurance Protection Plans:
Plan Type | Basic Sum Assured | Policy Term |
---|---|---|
Maha Raksha Supreme | Rs.50,00,000 | 10-40 years |
iRaksha Supreme | Rs.50,00,000 | 10-40 years |
iRaksha TROP | Rs.50,00,000 | 10-35 years |
Life Insurance Savings Plans:
Plan Type | Basic Sum Assured | Policy Term |
---|---|---|
Smart Income Plus | 11 times annualised premium | 15, 20 & 25 years |
Monthly Insurance Plan | Rs.1,14,482 | 15 and 20 years |
Secure 7 | Rs.2,50,000 | 14 years |
MahaLife Supreme | 10 times annualised premium | 30 and 35 years |
Fortune Guarantee | Rs.5,00,000 | 10 years |
Tata AIA Wealth Plans:
Tata AIA Life Insurance Wealth Plans are designed for those customers who are willing to take a risk. For those looking for a life insurance policy which also provides market returns, wealth plans are a suitable option.
Plan Type | Basic Sum Assured | Policy Term |
---|---|---|
InvestOne | 1.25 times single premium | 15-30 years |
Fortune Maxima | 1.25 times single premium/10 times annual premium/0.5 times the policy term annual premium | 100 years minus age of issue |
Fortune Pro | 1.25 times single premium/ 10 times annual premium/0.5 times the policy term annual premium | 15-40 years |
Tata AIA Group Insurance:
Group plans target companies and organizations that are looking for insurance plans for their employees and their families.
Plan Type | Basic Sum Assured | Policy Term |
---|---|---|
Good Kid | Rs.2,50,000 | 12-25 years |
Super Achiever | 10 times annual premium | 10-20 years |
Tata AIA Micro Insurance Plan:
Group plans target companies and organizations that are looking for insurance plans for their employees and their families.
Plan Type | Basic Sum Assured | Policy Term |
---|---|---|
Saath Saath | Rs.10,000 | 10 years |
Plan Type | Basic Sum Assured | Policy Term |
---|---|---|
Freedom | Rs.2,00,000 | 10-35 years |