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Term Insurance 3308 views March 2, 2020
Sampoorna Raksha Plan offered by Tata AIA is a Non-Linked life insurance plan that provides pure risk coverage. It is a non-participating individual term insurance product. Tata AIA Sampoorna Raksha is a pure term plan which provides financial support and protection to the family of the holder of the policy and also offers the flexibility to the policyholder to choose the insurance policy that suits your requirement and need. You can choose to receive the benefit either in a Lump Sum amount on the death of the insured or in Lump Sum amount on the death as well as income on monthly basis for the period of next 10 years along with enjoying the benefit of flexibility to enhance the life cover.
Table of Contents
Key features of Sampoorna Raksha plan offered by Tata AIA Life Insurance are as follows:
This protection oriented term plan offered by Tata AIA offers the following benefits:
It is necessary to ensure the eligibility conditions of the plan before buying it. The plan will be issued by the company only if you satisfy the eligibility requirements of the plan. The eligibility conditions to buy Tata AIA Sampoorna Raksha Term Plan are as follows:
Conclusion
Tata AIA Sampoorna Raksha Term Plan is a pure risk premium insurance product which is a great option to ensure financial security for your family in your absence. It provides a strong financial foundation for the family of the insured. These plans have a minimum sum assured of Rs 50 lakhs which provides higher coverage and is ideal for individuals looking for a higher amount of sum assured with higher coverage benefit. The flexibility of premium paying term makes it a better term life insurance option. The four options of death benefit make this plan a unique and ideal choice.