How To Compare TATA AIA Term Plan Premium Calculator Online?

What are Eligibility Criteria Points for Tata Aia Term Plan?

Tata AIA Life Insurance offers various term insurance plans, and the eligibility criteria may vary depending on the specific plan you are interested in. However, some common eligibility criteria points for Tata AIA Term Plans are:

• Age: The minimum age for purchasing a Tata AIA term plan is usually 18 years, while the maximum age varies from 65 years to 80 years, depending on the plan.
• Policy term: The policy term varies from 5 years to 40 years, depending on the specific plan.
• Sum assured: The minimum sum assured for Tata AIA term plans is usually Rs. 25 lakhs, while the maximum sum assured can be as high as Rs. 25 crores or more, depending on the plan.
• Medical history: Applicants are required to disclose their medical history and undergo a medical examination if required by the insurer.
• Premium payment: The premium payment frequency can vary from monthly, quarterly, half-yearly, or annually, depending on the specific plan.
• Occupation: The nature of the applicant's occupation can also affect their eligibility for the plan and the premium amount.

What is TATA AIA Term Plan?

TATA AIA Term Plan is a life insurance policy that provides financial protection to the policyholder's family in the event of their untimely demise during the policy term. It is a pure protection plan that offers a lump-sum payment to the nominee/beneficiary in case of the policyholder's death but does not offer any maturity or survival benefits.

TATA AIA Term Plan offers different options, including level cover, increasing cover, and return of premium. TATA AIA Term Plan also offers riders, such as critical illness cover, accidental death benefit, and waiver of premium, which can be added to the policy for additional coverage.

How to Buy Tata AIA Term Plan Online?

Buy TATA AIA Life Insurance Plan Online at PolicyBachat by comparing life insurance quotes online

• Firstly, enter the basic details such as Date of birth, Smoking habits, Pre-existing diseases, Gender, Annual income, Salaries/ Self-employed, and contact details.
• In the next step, life insurance premiums from different insurers will be displayed on the screen. Select The Tata AIA Life Insurance policy.
• There is an option to increase the coverage by adding riders as per your requirement and affordability.
• Finish the premium payment via online banking, debit card, credit card, UPI, etc.

How is TATA AIA Term Plan?

TATA AIA Term Plan is a good company that provides the best term insurance policies at reasonable premiums. The Company offers term insurance cover, good returns, and an excellent claim settlement ratio to secure your family. In case of an unfortunate event happen to the policyholder, the insurance company provides a guaranteed pay-out. It will help to protect the family of any insured even in the case of an insured person's absence. The claim process is extremely hassle-free and quick.

How Does TATA AIA Term Plan with Return of Premium Work?

TATA AIA's term plan with a return of premium is the same as a standard term plan. It works as a life cover and provides a death benefit to the beneficiaries of the policy. Policyholders can benefit from a term plan with a return of premium by paying an additional premium.

Example:

• If a 30-year-old person purchased the term insurance policy with a return of premium of Rs. 1 crore for 25 years
• If he dies in the policy period itself, his family will get 1 crore
• If he survived the policy period then he will get the return of the premium amount from the insurer.