About TATA AIA Sampoorna Raksha Promise
TATA AIA Sampoorna Raksha Promise is a non-linked, non-participating, pure risk individual life insurance plan designed to provide comprehensive financial protection for your family. As a joint venture between Tata Sons and AIA Group, TATA AIA Life combines Indian trust with global insurance expertise to deliver reliable coverage solutions.
This innovative term insurance plan offers coverage up to 100 years of age with flexible premium payment options including regular, limited, and single pay modes. What sets Sampoorna Raksha Promise apart is its option for Return of Premium (ROP) at maturity, making it both a protection and savings instrument.
With variants for individual and joint life coverage, this plan caters to diverse family needs and financial goals. The plan's standout feature is its built-in terminal illness benefit that provides 50% sum assured advance payout upon diagnosis and waives future premiums.
TATA AIA Life's impressive 99.41% claim settlement ratio (FY 2023-24) and 4-hour claim processing demonstrate their commitment to customer service excellence during the most critical moments.
Key Features of TATA AIA Sampoorna Raksha Promise
Instant Claim Payout
Get instant payout of ₹3 Lakh on claim intimation, ensuring your family has immediate access to funds when they need it most.
Inbuilt Premium Waiver
On diagnosis of terminal illness, all future premiums are waived while keeping your coverage intact.
Pay Premiums Later
Option to defer premiums for up to 12 months with FlexiPay, providing financial flexibility during temporary cash flow challenges.
Get 100% Premium Back
With the Life Promise Plus variant, receive all premiums back on policy maturity, making this not just protection but also a savings instrument.
Whole Life Cover
Leave a legacy with life cover up to 100 years of age, ensuring lifelong financial security for your loved ones.
Multiple Discount Options
Enjoy discounts including 15% lower premium for women, 8.5% for salaried professionals, and more.
Plan Variants
Choose from four flexible variants to suit your protection needs:
| Variant | Coverage | Maturity Benefit |
|---|---|---|
| Life Promise | Pure life cover with payout on death | None |
| Life Promise Plus | Life cover with additional benefits | 100% of Total Premiums Paid |
| Joint Life Promise | Covers both spouses; payout on first death or simultaneous deaths | None |
| Joint Life Promise Plus | Joint coverage with additional benefits | 100% of Total Premiums Paid on survival of both |
Why Choose TATA AIA Life Insurance?
Claim Settlement
Quick claim processing within 4 hours, ensuring your family receives financial support when they need it most.
Claim Settlement Ratio
Among the highest in the industry, demonstrating TATA AIA's commitment to honoring claims.
Families Protected
Trusted by over 85 lakh families across India, proving TATA AIA's reliability and service excellence.
Who Should Consider This Plan?
TATA AIA Sampoorna Raksha Promise is ideally suited for:
Young Professionals
Starting their career with long-term financial planning.
Newlywed Couples
Looking to secure their financial future together.
Working Women
Benefiting from gender-specific premium discounts.
Parents
Planning to transfer wealth to their children.
NRIs
Securing long-term financial support for family in India.
Return-Seekers
Wanting protection with premium return benefits.
Eligibility Criteria
| Parameter | Specification |
|---|---|
| Entry Age (Min-Max) | 18 - 65 years |
| Maturity Age (Max) | 85 years (100 years for Whole Life) |
| Policy Term | 10 to 40 years (or up to age 100) |
| Premium Payment Term | Regular Pay, Limited Pay (5, 10, 12 years), Single Pay |
| Sum Assured (Min-Max) | ₹50,00,000 - No Limit (subject to underwriting) |
Enhance Your Coverage with Riders
Customize your plan with optional riders for 360-degree protection:
Accidental Death Benefit
Provides an additional payout in case of death due to an accident.
Accidental Total & Permanent Disability
Offers a lump sum benefit if you are permanently disabled due to an accident.
Critical Illness Benefit
Provides a lump sum on diagnosis of specified critical illnesses, helping you cover treatment costs.
Waiver of Premium on Disability
Waives off all future premiums if you become permanently disabled.
Our Expert Opinion
TATA AIA Sampoorna Raksha Promise is a top-tier term insurance plan that masterfully blends comprehensive protection with tangible value. Its flexible plan variants, whole life cover option, and the unique 'Return of Premium' feature make it a standout choice in a crowded market. Backed by TATA's trust and an exceptional claim settlement ratio, this plan is not just an expense but a wise investment in your family's secure future. It is particularly well-suited for discerning individuals who seek a reliable, feature-rich, and flexible solution to safeguard their legacy.