Tata AIA Term Insurance Benefits

Tata AIA Life Insurance follows a customer centric approach wherein they aim to provide top-notch services to its customers. The insurance company offers budget friendly term insurance plans which serve dual purpose of life cover and financial protection to the family of the life assured.

Benefits of Tata AIA Term Insurance Plans

Following are the benefits of purchasing Tata AIA term insurance:

1. Affordable Premiums: Tata AIA Life term insurance plans are quite affordable and provide life cover at a budget friendly price to fit every individual’s requirements. Tata AIA Life offers comprehensive protection at affordable rates. One can choose a term insurance plan according to their requirements and budget.

2. Financial Security: Tata AIA term insurance plan offers financial protection to your family in case of an unforeseen event. In case the life assured passes away during the policy term, the insurance company will provide a death benefit amount to the family member of the life assured. This will help the family members of the life assured to maintain a healthy lifestyle even in life assured’s absence.

3. Additional Coverage: Tata AIA offers several life insurance riders that can be added to the term insurance plans to enhance the base coverage of the term insurance plans. You can add these riders at the time of policy issuance at an additional cost. Tata AIA life insurance riders protect you against the uncertainties of life.

4. Tax Benefits: Tata AIA Life Term Insurance plans provide tax benefits according to the current income tax laws. The policies provide benefits under section 80C and 10D of the Income Tax Act.