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Tata AIA Sampoorna Raksha Promise is a non-linked, non-participating, pure risk individual term insurance plan from Tata AIA Life Insurance. If you die during the policy term, your nominee receives the sum assured, and cover can continue up to age 100. You can pick from plan options: Life Promise is plain term cover with no maturity payout, while Life Promise Plus returns 100% of the premiums paid, excluding taxes and loadings, if you survive the term. Joint life options let a couple cover both lives under one policy. The plan includes a terminal illness benefit that pays 50% of the base sum assured and waives future premiums, an instant death payout of ₹3 lakh on eligible claims, Flexi Pay to defer premiums for up to 12 months, and Life Stage options to raise your cover after major life events. The minimum sum assured is ₹25 lakh with no upper limit, subject to underwriting, and women get lower premium rates. Digital buyers can get first-year discounts of up to 18.5%.
Unique monthly income payout option — nominee receives a fixed monthly income instead of lump sum, ensuring long-term financial security.
Sampoorna Raksha Promise is one of the more complete term plans in the market, backed by an insurer with a claim settlement ratio of about 99.4%. The built-in terminal illness benefit with premium waiver, the ₹3 lakh instant payout and cover up to age 100 are real advantages over a basic term plan, and the 15% lower rates for women and first-year discounts keep the price competitive. For most buyers, the plain Life Promise option with regular pay is the better value, because the return-of-premium variant costs noticeably more and gives back only the premiums, with no interest. The plan has many options, riders and discounts, which can make comparison confusing, so check the final premium on the Tata AIA calculator rather than the headline discount. Entry age is limited to 55 for the Plus options and 60 for Joint Life Promise, so older buyers should check which options they qualify for. Confirm that the joint life options are available when you apply, and add riders such as critical illness cover only if you actually need them.
Tata AIA
Key Insights
Founded
2001
Tata AIA was established 25 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
99.4% CSR, calculated as a 3-year average
Tata AIA settles 99.4% of all claims it receives, demonstrating strong credibility.
Contact Details
1860 266 9966
Headquarters: 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai – 400013, Maharashtra, India.
Life cover can continue up to age 100 under all plan options, so protection does not stop when most term plans end.
If you are diagnosed with a terminal illness, 50% of the base sum assured is paid as an accelerated benefit and the policy continues.
On a terminal illness diagnosis, all future premiums are waived while the remaining cover stays in force.
A ₹3 lakh amount is paid within one working day of claim registration and basic documents, and is deducted from the sum assured.
Applies to non-early, non-investigation claims after 3 years of policy duration.
Life Promise Plus returns 100% of the premiums paid, excluding taxes and loadings, if you survive the policy term.
Costs more than Life Promise.
Pays an extra amount, up to the base sum assured and subject to underwriting, if death is caused by an accident.
Check rider terms and extra premium.
Pays a lump sum on diagnosis of a covered critical illness, so you can fund treatment without touching the death cover.
Check the list of covered illnesses and survival period.
Term plans have no medical waiting period. A suicide exclusion applies during the first policy year, as per IRDAI rules and the policy terms.
Conditions or treatments that the policy clearly says it will not cover.
The plan has a built-in terminal illness benefit: 50% of the sum assured is paid on diagnosis of a covered terminal illness, future premiums are waived, and the remaining sum assured is paid on death. Optional critical illness and accidental death riders are available at extra cost.
Insurer
Tata AIA plans and claim process
It is a pure risk term insurance plan from Tata AIA Life Insurance. Your nominee receives the sum assured if you die during the policy term, and cover can run up to age 100. You can choose between Life Promise, Life Promise Plus and joint life options.
The plan offers Life Promise (pure term cover), Life Promise Plus (returns the premiums paid if you survive), Joint Life Promise and Joint Life Promise Plus for couples. Check on the Tata AIA website which options are open for purchase when you apply.
Entry age is 18 to 65 for Life Promise, 18 to 55 for Life Promise Plus and Joint Life Promise Plus, and 18 to 60 for Joint Life Promise. Cover can continue up to age 100 under all options.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official Tata AIA website before purchasing.
Official Website
tataaia.com
Visit the official Tata AIA website for plan brochures, premium quotes and policy services.
The aforementioned ratios have been averaged over three years (FY24-FY26)
Pays a benefit if an accident leaves you totally and permanently disabled.
Check rider terms and extra premium.
Waive future premiums if you are diagnosed with a covered critical illness or suffer accidental total and permanent disability.
Check rider terms and extra premium.
Adds hospital-linked cover with wellness rewards through the Vitality Health rider.
Rider name and benefits should be confirmed with Tata AIA.
The minimum basic sum assured is ₹25 lakh for all plan options. There is no fixed upper limit, but the final cover depends on underwriting based on your age, income and health.
Under Life Promise, there is no maturity benefit. Under Life Promise Plus, 100% of the premiums paid, excluding taxes and loadings, is returned if you survive the policy term. The return of premium option has a higher premium.
If you are diagnosed with a terminal illness, 50% of the base sum assured is paid as an accelerated benefit and all future premiums are waived. The policy continues, and the death benefit later is reduced by the amount already paid.
Your family can receive ₹3 lakh within one working day of claim registration and submission of basic documents. This amount is part of the sum assured and applies to non-early, non-investigation claims after 3 years of policy duration.
Tata AIA offers up to 18.5% off the first-year premium. This can include a digital purchase discount, a salaried discount, small discounts for autopay and life milestones, and a buy-together discount. Some discounts cannot be combined, and women also get about 15% lower premium rates on this plan.
Shubh Shakti is a women-focused combination of Sampoorna Raksha Promise and Tata AIA Health Buddy, a health product. Sampoorna Raksha Promise can also be bought on its own, and women already get lower premium rates on it.