Tata AIA Life Insurance has unveiled its latest term insurance offering, Sampoorna Raksha Promise, featuring groundbreaking benefits designed to meet contemporary needs. This new plan stands out with its promise of immediate financial relief and flexible terms.
The Sampoorna Raksha Promise ensures an instant payout of INR 3 lakhs upon claim notification to help families manage urgent expenses. It also offers a significant benefit of 50% of the base sum assured in the event of a terminal illness diagnosis, with all future premiums waived while policy benefits continue. Additionally, policyholders can defer premiums by up to 12 months once every five years, providing crucial flexibility.Samit Upadhyay, President & CFO of Tata AIA, highlighted, “Our new term insurance plan goes beyond traditional coverage, offering immediate payouts and enhanced benefits tailored to modern consumer needs.”
In Aizawl, this plan is anticipated to attract attention due to its robust features that cater to the industrial town’s growing demand for reliable financial products. The Sampoorna Raksha Promise’s flexible payment options and substantial benefits align well with the financial priorities of Durgapur’s diverse demographic, positioning it as a compelling choice for securing long-term financial stability.
