TATA AIA Insurance Sampoorna Raksha + Life Term Plan
A Plan which not only protects you from uncertainties of life but also gives you return of premiums paid on survival till maturity of the Policy.
Key Benefits
- Flexibility to choose between two Death Benefit Options:
- "Sum Assured to Death" as Lump Sum benefit on Death
- "Sum Assured on Death" as Lump Sum benefit on Death and Monthly Income for next 10 Years
- Return of Premium in case of survival till maturity
- Life Cover for Policy Term of up to 30 years or up to the Age of 80 years
- Choice of Limited [ 5 to 10 years ] Premium Paying Term
- Tax benefits u/s 80C and 10(100), as per the applicable Income Tax laws.
"Sum Assured on death" shall be defined as the highest of the following:
- 10 times the Annualized Premium / 105% of all the Premiums Paid / All the premiums paid / Basic Sum Assured.
Death Benefit:
Option 1:
"Sum Assured on Death" payable immediately to the Nominee.
Option 2:
"Sum Assured on Death" payable on Death & Monthly Income thereafter for 10 years.
Maturity Benefit:
On survival till end of the policy term, all the premiums paid will be returned.
Indicative Premium
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| TATA AIA Insurance Sampoorna Raksha + Life Term Plan |
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