Tata AIA Sampoorna Raksha Promise
TATA AIA Life Insurance Company
Our Verdict
Tata AIA Sampoorna Raksha Promise offers strong life cover with flexible payout options and critical illness add-ons. Ideal for salaried individuals or parents seeking income protection and future financial security.
Policy Brochure
Policy Wording
About the Plan
Tata AIA Sampoorna Raksha Promise is a robust term life insurance plan offering whole-life coverage up to age 100, with a return-of-premium option (Life Promise Plus). It delivers a high death benefit, ₹3 lakh instant payout on claim intimation (post–3-year waiting period), 50% of the sum assured on terminal illness diagnosis, waiver of future premiums, and flexibility to defer premium payments up to 12 months. Additional protection is available via optional riders, life-stage cover boosts, and top-ups. With 15% discount for women plus digital and salaried buyer discounts, the plan also offers tax benefits under Sections 80C, 80D, and 10(10D).
About the Plan
Eligibility
• Entry Age :
Entry age eligibility: 18 to 65 years for Life Promise, 18 to 55 years for Life Promise Plus and Joint Life Promise Plus, and 18 to 60 years for Joint Life Promise.
• Maximum Maturity Age :
Maximum maturity age is 100 years for all plan options
• Policy Term :
Life Promise: 13 to 984 months
Life Promise Plus: 120 to 984 months
Joint Life Promise: 13 to 984 months
Joint Life Promise Plus: 120 to 984 months
• Minimum Sum Assured :
Minimum Sum Assured is ₹25,00,000 for all plan options.
• Premium Payment Term :
Single, Limited, or Regular Pay
• Premium Payment Frequency :
Single Pay, Yearly, Half-Yearly, Quarterly, and Monthly
• Citizenship :
The documents do not explicitly mention any citizenship requirement for purchasing the policy. Therefore, this detail is not specified in the brochure or policy terms provided.
Eligibility
Features of the Product
Terminal Illness Benefit
50% of Sum Assured is paid upon terminal illness diagnosis, with premium waiver for future premiums.
Instant Claim Payout
₹3 lakh is paid within one working day of claim registration (subject to T&C).
Premium Deferment Facility
Premium payments may be postponed for up to 12 months without policy lapse.
Life Stage Benefit
On events like marriage, childbirth, or home loan disbursal, you can increase coverage (within certain limits) without further underwriting.
Top‑up Sum Assured Option
Annual coverage increase by 5–20% of the Base Sum Assured is available at each renewal (subject to underwriting).
Optional Riders
You can enhance your protection with riders (e.g., Accidental Death, Critical Illness, Disability).
Exclusions
Suicide Exclusion
-If death occurs due to suicide within 12 months from policy inception or revival, the nominee will receive:
- 80% of total premiums paid (excluding taxes and rider premiums), or
- The available surrender value, whichever is higher.
Payor Accelerator Benefit Exclusion
-No benefit is payable if terminal illness is diagnosed as a result of attempted suicide within 1 year from the policy’s start or revival.
Waiting Period
-If death occurs (except by accident) within 90 days of policy start, only total premiums paid are refunded and the policy terminates.
Exclusions
Accidental Death - If the life assured dies as a result of an accident (exact definition per policy terms), the nominee will receive an additional lump sum benefit—equal to the Sum Assured under the Accidental Death Rider—on top of the Base Sum Assured and any applicable bonuses.
Critical Illness - The Critical Illness Rider under the Sampoorna Raksha Promise plan provides an additional lump-sum payout if the insured is diagnosed with a covered critical illness. This benefit is paid on top of the base life cover, with a typical 90‑day waiting period and payout issued 30 days after confirmed diagnosis.
Payor Accelerator Benefit - 50% of Base Sum Assured is paid upon diagnosis of a terminal illness; all future premiums are waived.
Life Stage Benefit - Option to increase Sum Assured on key milestones like marriage, childbirth, and home loan disbursal.
Top-Up Sum Assured - Annual automatic increase of 5% to 20% of Base SA, subject to conditions.
Flexi Pay Benefit - Premium payment can be deferred up to 12 months without losing coverage.
- 15% lower premium for women
- Discount for salaried customers
- Additional milestone-based premium discount
Joint Life Cover - Option to cover both spouses under a single policy with additional benefits like accidental death cover.
Add-ons
If you are a woman
If you are a woman, you’re entitled to a 15% premium discount on the Tata AIA Sampoorna Raksha Promise plan.
If you smoke
If you smoke, your premium will be charged at a higher rate compared to non-smokers. The exact loading is determined during underwriting, but smoking typically results in significantly increased premiums.
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About the Company
Tata AIA Life Insurance Company Limited is a leading life insurance provider in India, established in 2001 as a joint venture between Tata Sons Pvt. Ltd. and AIA Group Ltd. This partnership merges Tata's renowned leadership and trust in India with AIA's extensive experience across 18 markets in the Asia-Pacific region. The company is headquartered in Mumbai, India.
A wide variety of products are available from Tata AIA Life Insurance to accommodate different protection requirements and financial objectives. Their portfolio consists of Unit Linked Insurance Plans (ULIPs) that give market-linked returns, savings plans that combine wealth growth and life insurance, and term insurance for family stability. Additionally, they offer retirement plans including annuities and pensions for post-retirement income as well as health insurance to cover medical costs. Every plan offers different policy terms, variable premium alternatives, and extra riders for increased coverage, guaranteeing customised solutions for each policyholder's particular requirements.