About TATA AIA Maha Raksha Supreme Select
TATA AIA Maha Raksha Supreme Select is a non-linked, non-participating, pure risk individual life insurance plan designed to go beyond standard protection. It provides extensive flexibility with four unique benefit options, legacy life cover up to age 100, and an inbuilt terminal illness benefit.
This plan is engineered to adapt to your evolving life journey. Whether you are a single parent, a working couple, or a high-achiever planning for your family’s future, its features like premium holidays for women, cover enhancement options, and flexible payout choices make it a highly versatile and powerful financial safety net.
The 'Life Secure Plus' option also offer a Return of Premium benefit, ensuring you get back 100% of the premiums paid if you survive the policy term, making it a truly comprehensive solution.
Key Features of Maha Raksha Supreme Select
2 Plan Options
Choose between Life Secure, and Life Secure Plus to match your needs.
Cover Till Age 100
Secure a lifelong legacy for your family with whole of life coverage available.
Return of Premium
Get 100% of your premiums back on survival till maturity with the 'Plus' variants.
Terminal Illness Benefit
Receive 50% of the sum assured on diagnosis of a terminal illness, with future premiums waived.
First Year Discount
A huge first year premium discount.
5 Crores to 100 Crores for HNIs
Consult us to learn how you can create legacy for your family by buying term insurance for 5 Crores to 100 Crores.
Plan Options Explained
This plan offers two primary options, each available for single or joint lives:
| Option | Key Benefit | Maturity Benefit |
|---|---|---|
| Life Secure | Provides a lump sum death benefit to the nominee. Includes Payor Accelerator Benefit for terminal illness. | None |
| Life Secure Plus | Offers all benefits of Life Secure. | 100% of Total Premiums Paid back on survival. |
*Consider consulting with us to choose the best term insurance plan for your needs.
Unique Selling Propositions
Defer Premiums, Not Protection
Allows deferment of due premiums for up to 12 months while maintaining full risk cover. Can be used after 5 policy years.
Lower Premium for Women
An exclusive 15% discount on premiums for female policyholders, promoting financial empowerment.
Who Should Consider This Plan?
TATA AIA Maha Raksha Supreme Select is an excellent choice for:
High Achievers
Individuals seeking comprehensive cover that adapts to their growing financial responsibilities.
Working Couples
Looking for robust joint life protection under a single, manageable policy.
Single Parents
Needing flexible and strong financial security for their children's future.
Plan Parameters at a Glance
| Parameter | Minimum | Maximum |
|---|---|---|
| Entry Age | 18 years | 65 years (option dependent) |
| Maturity Age | 23 years | 100 years |
| Policy Term | 5 years (varies) | 100 minus entry age (life cover up to 100) |
| Sum Assured | ₹2 Crores | No upper limit (as per underwriting) |
| Premium Payment Mode | Annual, Semi-annual | |
| Discounted Premiums | Salaried, women, staff, single mothers, event-based discounts available | |
Our Expert Opinion
TATA AIA Maha Raksha Supreme Select stands out as a highly adaptable and robust term insurance plan. Its strength lies in its flexibility—the four plan options, cover enhancement features, and unique benefits like the premium holiday for women cater to a wide spectrum of needs. It's more than just life cover; it's a dynamic financial tool designed for modern life's complexities. This plan is an excellent choice for those who want their insurance to be as responsive and forward-thinking as they are.
Frequently Asked Questions
TATA AIA Maha Raksha Supreme Select (UIN: 110N173V01) is a non-linked, non-participating, individual pure risk premium life insurance plan. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.