Mumbai, Dec 29, 2025 : Tata AIA Life Insurance, one of India's
leading insurers, offers the Tata AIA Sampoorna Raksha Promise, a comprehensive
term insurance solution designed to address the evolving protection needs of
modern Indian families. As economic uncertainties change the financial
priorities, young professionals and families want reliable and flexible life
insurance options that can adapt to evolving circumstances.
Key
Highlights of Tata AIA Sampoorna Raksha Promise
●
Instant Claim Support: Receive an
immediate payout of ₹3 lakh upon claim intimation to manage urgent expenses for
Sum Assured of ₹1 Crore or more.
●
Return of Premium: Get 100% of the premiums paid
back on policy maturity with Life Promise Plus Option.
●
Inbuilt Premium Waiver: Future
premiums are waived on diagnosis of a terminal illness, ensuring uninterrupted
coverage.
●
Whole Life Cover: Offers life coverage up to age
100, ensuring long-term financial security for families across generations.
●
Multiple Other Benefits: Including 15%
lower premium rate for women & digital & salaried discount on premium
Having
comprehensive life
insurance has become an important necessity in today's fast-changing
economic environment among young families and working professionals. Tata AIA
Sampoorna Raksha Promise is a Non-Linked, Non-Participating, pure risk,
Individual Life Insurance Product with UIN - 110N176V09, offering a customised
protection solution that dynamically changes with changes in life circumstances
while keeping families financially secure.
The plan
stands out for its practical approach to modern financial challenges. With the
FlexiPay Benefit, policyholders facing temporary financial constraints can
defer premium payments for up to 12 months while maintaining full risk cover.
This feature provides breathing room during difficult periods without
compromising family protection, helping young professionals navigate work
switches or unexpected expenses.
Understanding
that financial emergencies don't wait for claim
settlements, Tata AIA Sampoorna Raksha Promise offers an Instant Payout of up
to ₹3 lakhs within one working day of claim registration for policies with a
sum assured of ₹1 crore or more, after 3 policy years. This accelerated benefit
provides families with immediate financial support to manage urgent expenses
during the most critical times.
The plan's
Payor Accelerator Benefit further strengthens protection by paying out 50% of
the base sum assured upon diagnosis of a terminal illness. The exact features
depend on the chosen plan benefits option. Future premiums are automatically
waived, allowing the policy to remain in effect without adding financial
pressure during an already challenging time. This ensures that the family's
protection remains intact when they need it most.
For those
seeking both protection and savings, the Life Promise Plus option offers a
compelling option. The variant returns 100% of the total premiums paid at
policy maturity if the life assured survives the term (excluding loading for
modal premiums and discount) towards the base benefit option and ‘Life Stage’
or ‘Top-up SA’. Families can secure comprehensive life cover while knowing
their premiums will be returned if no claim is made.
Tata AIA
Sampoorna Raksha Promise provides multiple coverage enhancement options to help
families enhance their protection as their financial responsibilities grow. The
Life Stage option allows policyholders to increase coverage without fresh
medical underwriting on major life events such as marriage, birth or adoption
of children, and home loan payments. The Top-Up SA option enables annual
increases of 5% to 20% of the base sum assured, ensuring protection keeps pace
with inflation levels.
Women
policyholders get a 15% lower premium rate on premiums, ensuring comprehensive
protection with more ease and at an affordable cost. This move underlines the
commitment towards advocating financial independence for women and thereby
taking the leading step towards securing their family's future.
The plan
offers flexibility in premium payment through Regular Pay, Limited Pay, and
Single Pay options. Policyholders can choose policy terms up to 82 years, with coverage
extending up to age 100 (for non-PoS). This flexibility allows individuals to
structure their term
insurance according to their current financial capacity and long-term
goals.
With a
combination of reliable protection, flexible premium options, instant claim
payouts, and value-added benefits, Tata AIA Sampoorna Raksha Promise provides
families with the financial security they need to face life's uncertainties
with confidence. For young professionals and families seeking dependable,
adaptable life insurance protection, this plan offers a comprehensive solution.
Tata AIA
Sampoorna Raksha Promise - Non-Linked, Non-Participating, pure risk, Individual
Life Insurance Product (UIN:110N176V09)
About
Tata AIA Life
Tata AIA
Life Insurance Company Limited (Tata AIA) is a joint venture Company formed by
Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata’s
pre-eminent leadership position in India and AIA’s presence as the largest,
independent listed pan-Asian life insurance group in the world, spanning 18
markets in the Asia Pacific region.
Tata AIA
reported a total Premium Income of INR 31,484 crore for FY25, up 23% from FY24.
The Company continues to rank among the Top 3 Private Insurers in Individual
Weighted New Business Premium (IWNBP) with an IWNBP income of INR 8,511 crore.
About the
Tata Group
Founded
by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered
in India, comprising 30 companies across ten verticals.
The group
operates in more than 100 countries across six continents, with a mission 'To
improve the quality of life of the communities we serve globally, through
long-term stakeholder value creation based on Leadership with Trust’. In
2023-24, the revenue of Tata companies, taken together, was more than $165
billion. These companies collectively employ over 1 million people.
Each Tata
company or enterprise operates independently under the guidance and supervision
of its own board of directors. There are 26 publicly listed Tata enterprises
with a combined market capitalisation of more than $365 billion as on March 31,
2024.
About AIA
AIA Group
Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the
largest independent publicly listed pan-Asian life insurance group. It has a
presence in 18 markets –wholly-owned branches and subsidiaries in Mainland
China, Hong Kong SAR (3), Thailand, Singapore, Malaysia, Australia, Cambodia,
Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka,
Taiwan (China), Vietnam, Brunei and Macau SAR (4), and a 49 per cent joint
venture in India. In addition, AIA has a 24.99 per cent shareholding in China
Post Life Insurance Co., Ltd.
The
business that is now AIA was first established in Shanghai more than a century
ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance
premiums and holds leading positions across the majority of its markets. It had
total assets of US$305 billion as of 31 December 2024.
AIA meets
the long-term savings, and protection needs of individuals by offering a range
of products and services including life insurance, accident and health
insurance and savings plans. The Group also provides employee benefits, credit
life and pension services to corporate clients. Through an extensive network of
agents, partners and employees across Asia, AIA serves the holders of more than
43 million individual policies and 16 million participating members of group
insurance schemes.
AIA Group
Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited
under the stock codes “1299” for HKD counter and “81299” for RMB counter with
American Depositary Receipts (Level 1) traded on the over-the-counter market
under the ticker symbol “AAGIY”.
For further inquiries or media details, please
contact:
Media Contact:
Name: Niladri Bhattacharya
Contact: niladri.bhattacharya@tataaia.com