"Spending a whole day looking for insurance is fun," said nobody, EVER!
  • Tata AIA Life Insurance

     4.0 / 5.0   by 103 users
    Used this product? Write a review >>

    Plan Benefits

    Payment Options

    Policy Coverage

    Customer Service

    Tata AIA Life Insurance Company (Tata AIA Life) is a joint venture company formed by Tata Sons and the AIA Group (AIA). With sales offices in all major cities and towns across India, Tata AIA Life brings together Tata's unrivalled leadership position in India and AIA's presence as the largest, independent listed pan-Asia life insurance group in the world.

    The company offers a wide range of insurance products to individuals, associations and businesses of all sizes and is one of the major private sector insurers in India offering life, health and group insurance products to its customers.


    Key Highlights of Tata Aia Life Insurance

    01
    02
    Claim-settlement ratio for Tata Aia Life Insurance

    Claim Settlement Ratio

    Claim-settlement ratio of 96.80% for year 2015-2016

    Occupation eligibility for Tata Aia Life Insurance

    Grievances Resolved

    100.00% Grievances Settled for year 2015-2016


    To be eligible for Tata Aia Life Insurance

    01
    02
    03
    Minimum age for Tata Aia Life Insurance

    You should be at least 18 years old

    Maximum age for Tata Aia Life Insurance

    You should be less than 70 years old

    Occupation eligibility for Tata Aia Life Insurance

    You should be either Salaried, Self- employed, a professional or have your own business


    Tata Aia Life Insurance at a Glance

    01
    02
    03
    Maximum tenure of Tata Aia Life Insurance

    A maximum tenure of 40 years

    Maximum sum assured for Tata Aia Life Insurance

    Min Sum Assured: Rs 5 lakh
    Max Sum Assured: No limit subject to underwriting

    Exclusions for Tata Aia Life Insurance

    Specific exclusions: Suicide within the first 12 months


    Documentation needed to apply for an Tata Aia Life Insurance

    • 1. Identity Proof
    • 2. Age Proof
    • 3. Income Proof
    • 4. Address Proof
    • 5. PAN Number

    Why Should You Choose a Tata AIA Life Insurance Policy?

    Tata AIA Life Insurance Plans provide comprehensive coverage for all eventualities through their wide range of products and services.

    The riders and additional benefits provided ensure complete protection for everyone from children to individuals in the prime of their lives.

    Tata AIA Life Insurance plans are customer-friendly and ensure that the policyholder receives maximum benefits.

    Their user-friendly interface and ease of form filling makes it convenient for all individuals to seek information regarding a product or to purchase a life insurance policy from the company.

    Different Types of Tata AIA Life Insurance Plans:

    Tata AIA Life Insurance Protection Plans:

    • Tata AIA Life Insurance Maha Raksha Supreme: It is a pure term non-linked, non-participating insurance plan. This plan has a Payout Accelerator Benefit option that advances 50% of basic sum assured in case of terminal illness diagnosis.
    • Tata AIA Life Insurance iRaksha Supreme: It is an online pure term insurance plan that will provide life insurance at a very affordable cost. It can be purchased online with no hassles.
    • Tata AIA Life Insurance iRaksha TROP: It is an online term insurance plan that guarantees return of premium. It has three premium payment options: Regular Pay, Limited Pay, Single Pay.
    Plan Type Basic Sum Assured Tenure
    Tata AIA Life Insurance Maha Raksha Supreme Rs.50,00,000 10-40 years
    Tata AIA Life Insurance iRaksha Supreme Rs.50,00,000 10-40 years
    Tata AIA Life Insurance iRaksha TROP Rs.50,00,000 10-35 years

    Tata AIA Life Insurance Savings Plans:

    • Tata AIA Life Insurance Smart Growth Plus: It is a profit endowment assurance plan that adds to your investment growth through accumulation of bonuses and guaranteed benefits. Guaranteed additions of 5.5% p.a. of Basic Sum assured.
    • Tata AIA Life Insurance MahaLife Gold Plus: It is a limited premium paying, non-linked, participating insurance plan with coverage up to the age of 85 by paying premium only for 15 years.
    • Tata AIA Life Insurane MahaLife Magic: It is a non-linked participating endowment plan with bonuses to boost one’s maturity amount. The premiums will be paid for just 9 years in this plan.
    • Tata AIA Life Insurance Money Maxima: It is an endowment assurance plan with regular premium payment. This plan provides flexible policy terms to achieve time bound goals.
    • Smart Income Plus: It is a non-linked endowment assurance plan that provides a limited pay income to policyholders to meet future expenses as well as assuring good returns.
    • Monthly Insurance Plan: It is an insurance plan that offers a limited period monthly savings component, allowing policyholders to build their wealth. It also offers Guaranteed Yearly Additions as well as Bonuses, in addition to tax benefits and life cover.
    • Fortune Guarantee: It is a non-linked, non-participating limited premium paying endowment plan that guarantees a Maturity Benefit with a short premium payment term.
    • Insta Wealth Plan: It is a non-linked, non-participating endowment plan that provides compound bonus and yearly guaranteed additions, as well as no medical or financial underwriting.
    • Money Back Plus: It is a non-linked participating money back plan that makes periodic pay-outs
    • Smart 7: It is a non-linked participating endowment assurance plan that provides an additional bonus along with a compounding annual bonus throughout the 12 year term.
    • MahaLife Supreme: It is a non-linked, non-participating endowment plan that provides a guaranteed annual income for up to 20 years as well as enhanced protection through riders.
    Plan Type Basic Sum Assured Tenure
    Tata AIA Life Insurance Smart Income Plus 11 times annualised premium 15, 20 & 25 years
    Tata AIA Life Insurance Monthly Insurance Plan Rs.1,14,482 15 and 20 years
    Tata AIA Life Insurance Secure 7 Rs.2,50,000 14 years
    Tata AIA Life Insurance MahaLife Supreme 10 times annualised premium 30 and 35 years
    Tata AIA Life Insurance Fortune Guarantee Rs.5,00,000 10 years
    Tata AIA Life Insurance Insta Wealth Plan Rs.1,00,000 10-20 years
    Tata AIA Life Insurance Money Back Plus Rs.2,00,000 16,18 & 24 years
    Tata AIA Life Insurance Smart 7 Rs.2,00,000 12 years
    Tata AIA Life Insurance Smart Growth Plus Rs.1,50,000 10-30 years
    Tata AIA Life Insurance MahaLife Gold Plus Rs.2,00,000 85 years minus entry age
    Tata AIA Life Insurance MahaLife Gold Rs.1,00,000 85 years minus entry age
    Tata AIA Life Insurance MahaLife Magic Rs.2,00,000 18 years
    Tata AIA Life Insurance Money Maxima Rs.1,00,000 12-30 years

    Tata AIA Wealth Solutions:

    Tata AIA Life Insurance Wealth Solutions cater to customers with high risk appetite who want market linked returns along with a life insurance cover.

    • Tata AIA Life Insurance Fortune Maxima: It is a unit linked policy that offers loyalty additions for regular and limited pay.
    • Tata AIA Life Insurance Fortune Pro: It is a unit linked endowment assurance plan that ensure that your child’s financial needs and dreams are fulfilled.
    • Tata AIA Life Insurance Wealth Maxima: It is a unit linked whole life insurance plan that earns you humungous benefits by allowing you to invest in markets.
    • Tata AIA Life Insurance Wealth Pro: It is a unit linked endowment insurance plan that lets you earn benefits while providing security to your family simultaneously.
    • InvestOne: It is a unit-linked insurance plan that offers investors with a guaranteed maturity addition and loyalty additions. Investors can also benefit from both insurance and market-linked returns.
    Plan Type Basic Sum Assured Tenure
    Tata AIA Life Insurance InvestOne 1.25 times single premium 15-30 years
    Tata AIA Life Insurance Fortune Maxima 1.25 times single premium/10 times annual premium/0.5 times the policy term annual premium 100 years minus age of issue
    Tata AIA Life Insurance Fortune Pro 1.25 times single premium/ 10 times annual premium/0.5 times the policy term annual premium 15-40 years
    Tata AIA Life Insurance Wealth Maxima 1.25 times single premium/10 times annual premium/0.5 times the policy term annual premium 100 years minus the age of issue
    Tata AIA Life Insurance Wealth Pro 1.25 times single premium/10 times annual premium/0.5 times policy term annual premium 15-40 years

    Tata AIA Group Insurance:

    This plan helps the employer award their employee by offering them insurance plans to protect their family and savings.

    • Tata AIA Life Insurance Group Total Suraksha: It is an insurance plan with Reducing Sum Assured or Level Sum Assured options.
    • Tata AIA Life Insurance Group Term Life: It is a non-linked, annually renewable group term plan. This plan helps to save for your future while ensuring the safety of your family at the same time.
    • Immediate Annuity: it is a group insurance plan through which employees can choose an annuity payment mode after authorising the purchase price in a single amount.

    Tata AIA Child Solutions:

    • Good Kid: it is a non-linked, participating endowment plan with a waiver of premium benefit and money back benefits throughout the policy term.
    • Super Achiever: it is a non-participating unit-linked endowment plan which provides for the child even in the event of the parents’ untimely demise. Also comes with the option to augment the investment through top-ups.
    Plan Type Basic Sum Assured Tenure
    Tata AIA Life Insurance Good Kid Rs.2,50,000 12-25 years
    Tata AIA Life Insurance Super Achiever 10 times annual premium 10-20 years

    Tata AIA Micro Insurance Plan:

    • Saat Saath: it is a non-linked, non-participating endowment plan guaranteeing pre-decided returns upon maturity as well as an additional 3 years of life cover on payment of premium.
    Plan Type Basic Sum Assured Tenure
    Tata AIA Life Insurance Saat Saath Rs.10,000 10 years

    Tata AIA Retirement Solutions:

    • Insurance Freedom: it is a non-linked participating endowment plan that offers 10% of the annualized premium annually as well as optional riders to further enhance coverage.
    Plan Type Basic Sum Assured Tenure
    Tata AIA Life Insurance Insurance Freedom Rs.2,00,000 10-35 years

    How to Claim Insurance With Tata AIA:

    Claiming insurance through Tata AIA is a quick and simple process. Policyholders and their dependents can choose to claim insurance either online or offline, depending on their convenience. Tata AIA has easy-to-follow guidelines that are user friendly, making the claims process a hassle-free one for the claimant.

    Given below are the online and offline insurance claims processes.

    Online Insurance Claims Process:

    Individuals who wish to file an online claim can visit the website of the Tata AIA Life Insurance Company and click on the ‘Claims’ tab at the top of the screen.

    The individual will then have to choose ‘Online Claim Intimation’, whereupon an online form will appear onscreen.

    The nature of the claim being filed will have to be selected from among the options provided (death, critical illness, hospitalization/surgery, death of payor).

    The individual will have to fill in the following details:

    • Name of the life assured.
    • Policy number.
    • Name of the policyholder.
    • Date of event.
    • Causes of the events.
    • Name of the person intimating the claim.
    • Email address of the person intimating the claim.
    • Mobile number of the person intimating the claim.
    • Address of the person intimating the claim.
    • State and pincode.

    If there are any documents to be presented, the same can be uploaded.

    On completing the form, click on the ‘Submit’ button at the end of the form.

    Once the documents are received and reviewed, the Claims Team will notify the claimant if any additional documentation/information is required.

    On reviewing the additional documents, if any, the Claims Team will notify the claimant and send out the payment through NEFT.

    Offline Insurance Claims Process:

    Individuals who wish to file an insurance claim offline can do so by calling on the Tata AIA helpline number or visiting a branch of the Tata AIA Life Insurance Company.

    Alternatively, individuals can also write to the company and notify them regarding the claim.

    Individuals can also file a claim through their insurance agent.

    Individuals visiting a branch to file a claim will have to fill in a claims form, mentioning details such as:

    • Name of the life assured.
    • Policy number.
    • Name of the policyholder.
    • Date of event.
    • Causes of the events.
    • Name of the person intimating the claim.
    • Mobile number of the person intimating the claim.
    • Address of the person intimating the claim.
    • State and pincode.

    Once the documents have been processed and verified by the Claims Team, the individual will be notified if there are any additional documents that are required.

    The Claims Team will notify the claimant regarding the status and the payment will be released through NEFT.

    Tata AIA Life Insurance Claim Settlement Ratio:

    The claim settlement ratio for the past two financial years is given in the below table:

    Year 2013-14 2014-15
    Claim Settlement Ratio (%) 89.68 94.47
    Total Premium (in crores) 2,323.7 2,121.79

    Documents Required for Tata AIA Life Insurance:

    Individuals who wish to purchase a Tata AIA Life Insurance policy are required to submit a set of documents at the time of application. The list of documents are mentioned below:

    • Passport size photograph.
    • Proof of identity: Any one of the below mentioned documents are to be submitted towards proof of identity.
      • Passport.
      • PAN card.
      • Voter’s identity card.
      • Driving licence.
      • Job card issued by NREGA, signed by a State Government officer.
      • Aadhaar card.
    • Proof of residence: Any one of the below mentioned documents are to be submitted towards proof of residence.
      • Bank account or post office account statement.
      • Property tax or municipal tax receipt.
      • Utility bills (electricity, gas, telephone) not more than 2 months old.
      • Letter of allotment or accommodation from State or Central Government, financial institutions or listed companies.
      • Rent agreement.

    Tata AIA Life Insurance Checking Policy Status:

    Tata AIA has made provision for the checking of policy status online as well as offline. Tata AIA policyholders can choose to check their policy status using a variety of means, as given below:

    Checking Policy Status Online:

    Policyholders can check the status of their policy online by visiting the Tata AIA website and logging in to the customer portal.

    On signing in, the policyholder will be able to check the status and details of the current policy.

    Checking Policy Status Offline:

    Policyholders can check the status of their policies offline by visiting a Tata AIA Insurance branch office and enquiring as to the current status.

    Policyholders can also contact a Tata AIA insurance agent and check the status of their policy.

    Tata AIA Life Insurance Online Payment:

    To make it convenient for policyholders to make premium payments on time without the hassle of visiting a branch or depositing a cheque, Tata AIA have introduced online payment for premiums.

    Policyholders will be able to make premium payments wherever they are at the click of a button.

    Policyholders who wish to make premium renewal payments online will have to visit the Tata AIA Life Insurance website and go to the ‘Customer Service’ tab at the bottom of the homepage.

    In the new window that opens, click on the ‘Premium Payment’ tab from among the options provided.

    Select the ‘Online Payment’ tab to pay the premium amount in a quick, easy and hassle-free way.

    Tata AIA Life Insurance Premium Calculator:

    To enable its policyholders and customers to calculate the premium amount and the amount that will be paid out upon maturity.

    This enables individuals to choose an insurance policy depending on the amount they would have to pay towards premium payments as well as the amount they would receive as maturity benefit, survival benefit etc. depending on the type of policy.

    The Tata AIA Premium Calculator requires the individual to fill in the following details, based on which the premium amount would be calculated:

    • Name.
    • Email address.
    • Date of birth.
    • Mobile number.
    • Occupation.
    • Annual income.
    • Policy term.
    • Policy type.

    On inputting the above variables, the premium calculator will display the approximate premium to be paid as well as the amount the individual will receive upon maturity.

    Tata AIA Life Insurance FAQ’s:

    1. Who is eligible to take a life insurance?

    A. Any person who has completed 18 years of age and is meeting the conditions specified under the Indian Contract Act, 1872, can take a life insurance policy for self or spouse or for his dependents.

    2. Why is insurance a better option than other savings plan?

    A. Life insurance pays sum assured and bonus even if the policyholder dies before the end of the premium payment term. It offers greater security than other savings plan.

    3. What are the different life insurance policies offered by Tata AIA?

    A. You get policies under protection plans, wealth solutions, savings solutions, child solutions, rider, group insurance and micro-insurance. Visit Tata AIG website to know more about the policies under each plans.

    4. What are the different modes of payment offered by Tata AIA?

    A. Most policies allow you to pay premium through annual, semi-annual, quarterly and monthly modes.

    5. What are the premium payment option offered to make the payments?

    A. You can make the premium payments through cheque, cash, ECS or online payment.

    6. What happens if I don’t pay my premium?

    A. You will get a 30 days grace period from the date of the missed premium payment date. If you missed making the payment within the grace period, then you will have 2 years from the date of lapse to revive your life insurance policy.

    7. Can I cancel my policy if I’m unhappy with the plan?

    A. Yes, you have the choice to cancel the policy during the free look period which generally is 15 days from taking the policy. The amount paid will be fully refunded after deducting some nominal charges.

    8. When is the right time for me to buy a life insurance?

    A. It is advisable for you to buy a life insurance plan when you are young and healthy. This makes the rate of purchasing the policy lower when compared to buying it at an older age.

    9. How much coverage will I need?

    A. You must ensure that there is sufficient amount to take care of your dependents in the event of your death or disablement. It is best to buy an insurance coverage that is 7 – 10 times your annual income.

    10. What are the factors that I must consider while taking a life insurance policy?

    A. You must read the benefits that is being offered to you. Check the term and premium and be clear about your requirements. Look for a policy that has proper coverage. It is best to consult with your financial advisor before finalizing on the policy.

    11. How do I change the nomination details in my Tata AIA insurance policy?

    A. To change the nomination in a Tata AIA insurance policy, the policyholder has to give notice in writing in the prescribed form to the insurer.

    12. How do I cancel my Tata AIA insurance policy?

    A. You can cancel your insurance policy by communicating the same to the company. If cancelled within the 15 day free look period, you will not be charged and your premium amount will be refunded.

    13. How do I apply for duplicate policy documents?

    A. If you have misplaced the original policy document, contact the nearest Tata AIA branch, where you will have to fill out a ‘Lost Policy Declaration Form’. On submission and verification of the details mentioned in the form, duplicate policy documents will be issued.

    News About Tata Aia Life Insurance

    • Tata AIA Life Launches mInsurance - Mobile Insurance

      With everything going mobile, it is about time that insurance policies also become available online. Tata AIA Life Insurance has made that thought a reality with the launch of their new mobile insurance product called mInsurance. This unique mobile insurance facility will allow customers to purchase term insurance cover simply with a recharge using a ‘special tariff voucher'. Tata AIA Life has only launched a pilot plan of the mInsurance in association with Tata Teleservices Limited in the states of Telangana and Andhra Pradesh.

      The mInsurance paperless cover is available to all Indian citizens who are aged between 18 to 80 years. there are no medical tests required to purchase this paperless cover. Customers who purchase from a select range of Tata DoCoMo mobile recharge coupons (Special Tariff Voucher or STV) will be auto-enrolled in this paperless life cover plan. This plan is available under 2 sum assured options of Rs 50,000 and Rs. 1,00,000. The details about the life insurance cover are sent to the customer via SMS which consists of the web link from where the customer can download the insurance certificate. In case a claim has been raised, the customer needs to contact the Tata AIA Life call center to proceed with the settlement.

      28th March 2017

    • AIA Group raises its stake to 49% in Tata AIA Life

      AIA Group which previously had a 26% stake in Tata AIA Life has got a go-ahead to increase its stake to 49%. The deal was approved by the fair trade regulator - CCI (Competition Commission of India). However, the financial aspects of the deal have not been revealed by the company. Tata AIA Life offers a wide array of insurance policies to customers in India. Many foreign insurance companies have shown keen interest in investing in Indian insurance companies since the time the government raised the stake limit to 49%.

      Tata AIA offers a host of life insurance, health insurance, term insurance and several other insurance policies to the Indian customers.

      19th January 2016

    • AIA Group Set to Raise Stakes in Tata AIA Life Insurance Joint Venture

      8th December, 2015: Hong Kong's AIA Group is set to increase its holdings in Tata AIA Life Insurance from the existing 26% to 49% for an undisclosed amount.

      Tata Sons and AIA released a joint statement on Monday saying that they have arrived at a decision which involves AIA buying an additional 23% stake increasing its current shareholding to 49%. This transaction will be completed upon the completion of other government regulatory approvals

      AIA and Tata Sons, through a joint venture set up the Tata AIA Life Insurance in 2001 and specialize in providing holistic and innovative insurance solutions to its customers.

      With the government raising the bar for foreign direct investments, the increase in AIA’s stake mirrors those of other insurance companies including ICICI, HDFC, Bharti, AXA and Reliance

      The company posted a profit after tax of RS 264 Crore during the fiscal year ending on March 2015 with its claims settlement ratio reaching 94%. Tata AIA Life insurance also recently tied up with IndusInd Bank and this bancassurance tie-up saw IndusInd selling Tata AIA Life products in their branches. Citibank is also selling the products of the AIA which is Hong Kong based in 11 markets, which includes India.

      8th December 2015.

    • AIA to hike stake in life insurance with Tata Sons

      Tata Sons and AIA came announced an agreement where AIA will increase its shareholding in Tata AIA Life Insurance Company from the current level 26% to 49%. AIA brought additional 23% stake but the financial details of the deal were not revealed. Meanwhile, Nippon Life has decided to increase its stake in Reliance Life Insurance from 26% to 49% for Rs.2,265 crore. Sun Life Financial is increasing Rs.1,664 crore in Birla Sun Life Insurance. Bupa is also investing Rs.191 crore in Max Bupa Health Insurance to increase its stake to 49%. ICICI Bank sold 6% of its share to Premji Invest and Temasek.

      7th December 2015

    • New scheme “Fortune Guarantee” launched by Tata AIA Life Insurance

      Tata AIA Life Insurance has launched a new and unique scheme known as Fortune Guarantee. The product is unique since it is designed to offer guaranteed returns to customers who invest in this scheme. The company wanted to launch a simple to understand and rewarding product among a host of complex insurance products that the country currently has.

      Customers who avail Fortune Guarantee will have to pay policy premium for a term of 5 years and will then reap guaranteed benefits at the end of 10 years. The scheme also offers a high cover benefit with 10 times the annual premium. Female customers are offered higher maturity benefit. The scheme is set to become popular among young professionals who wish to amass good returns as well as a substantial corpus. With the promise of long-term and guaranteed gains, the scheme is sure to become popular among customers.

      Tata AIA is a joint venture between Tata group of India and AIA insurance company which is the largest insurance provider in the Asian region.

      31st July 2015

    • Tata Life’s ‘Daddy aur Zoey’ will warm your heart!

      Tata Life has launched a new communication campaign to showcase its brand makeover. The first in the series is an ad film titled ‘Daddy aur Zoey’ that explores the bond between a father and son. The ad explores the relationship between a father and son through events that happen in their life everyday. The four minute ad is further split into smaller segments of 30-50 seconds.

      The ad depicts how the dad wants to give the best to his son and tries to be the superhero in his life. The ad ends with the message ‘We live for the happiness of our loved ones’. The main idea behind the campaign is to put the message across that life insurance is all about keeping your loved ones happy and safe.

      1st July 2015

    • Tata Life to offer insurance through bancassurance with Citibank

      Tata Life, a private life insurance company has partnered with Citibank, a consumer division of Citigroup to offer insurance products. The plan is to launch 9 insurance products including 4 ULIPs, one term plan, 2 non-participating and 2 participating traditional plans. The main aim of this move is to reach more customers not only through the bank branches but also through digital presence. There are talks of including 15 more products in the next six months. Tata Life is planning to use Citibank’s ATM network to sell its products in the future thus widening its market.

      30th June 2015

    • Choose Tata AIA Money Back Plus plan for regular returns

      Tata AIA Money Back Plus plan is a traditional insurance cum investment plan where the returns depends on performance of participating fund. The plan has a premium paying period term of only half the years of the policy term and regular returns are available at regular intervals during the term. The maturity benefit is a faction of sum assured and is available on surviving the term; the longer the term, the higher the maturity benefit will be. The performance of the participating fund is linked to returns under this plan. The bonuses are declared yearly, which become guaranteed after that and becomes payable on maturity and death. In case of death during term, the insured will get either 10x of his annual premium or the sum assured, provided he has paid 105% of premiums on that date. A personal accident cover is included in the policy which doubles the sum assured in case death is due to accident.


      28th May 2015

    • 'Smart Growth Plus' – A New Life Insurance Solution by TATA AIA Life Insurance

      Tata AIA Life Insurance Company launches “Smart Growth Plus”, a new life insurance solution. It is a non-linked, participating, endowment assurance plan. This plan is designed to offer 3-2-1 benefits which include triple enhancements with two bonuses and one guaranteed addition. Also, the plan offers two times protection cover through its inbuilt Accidental Death Benefit (ADB) facility. The customers can enjoy a wide range of benefits under this new plan launched by TATA AIA Life Insurance Company. The plan also offers a guaranteed addition of 5.5% of sum assured per year during the first five years of the policy term. This is done to increase the savings of its customers. “Smart Growth Plus” offers Compound Reversionary Bonus (CRB) accumulated yearly from the 6th policy anniversary, and a Terminal Bonus which is a portion of the accumulated CRB.

      13th March 2015

    • Tata AIA Life launches drive to revive lapsed policies

      Tata AIA Life Insurance has launched a campaign that is meant to help targeted customers revive their life insurance policies that may have lapsed. The plan is subject to certain conditions but the plan is intended to help customers revive policies and get help in understanding how they can manage their policies better while also learning about new services launched by the company. Customers can visit the branches of TATA AIA on predefined days which will be communicated via SMS and emails.

      The main features of this scheme are:

      1.The scheme is open to people whose premiums were due between April 2012 and January 2015. 2.Those who choose to revive the policy will not be required to pay any interest. 3.They will also not be required to submit medical certificates for reinstatement of the policy. 4.The scheme is valid up to the 31st of March 2015

      9th March 2015

    This Insurance Company has not partnered with BankBazaar.com. For more details, please visit its website/branch office. The trademarks, logos and other subject matters of intellectual property belong to their respective owners.

    GST of 18% is applicable on life insurance effective from the 1st of July, 2017

    TATA AIA Life Insurance Reviews

  • Page 1 of 6 1 2 3 4 5
    • Tata AIA Life Insurance
      "Good protection for Life"
      0.5 5.0/5 "Blown Away!"
      Last three years back, I have Life insurance with TATA AIA. I am making the premium of Rs. 78,000 on annual basis for the tenure of ten years. After the tenure period I will get getting an amount of Rs.1.30 crores with accidental coverage and tax benefits. I normally make online payment to pay my premium its good.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jul 07, 2017
    • Tata AIA Life Insurance
      "Good for small investment"
      0.5 4.0/5 "Great!"
      I do have Tata AIA life insurance company and the coverage is up to 7 lakh Rupees, also am paying around 5000 Rupees. Response and other things are really good one with them and the regular alerts, payment modes are fine one with he Tata AIA life insurance company.
      Was this review helpful? 0
      , guwahati
      Reviewed on Jun 22, 2017
    • Tata AIA Life Insurance
      "Better service"
      0.5 5.0/5 "Blown Away!"
      I do have life inusrance policy with the Tata AIA life insurance company and the services are good one with them, also they used to send the information in the rapid way to the customer, also the proper intimation is good one with them. The coverage value is around 25 lakh Rupees .
      Was this review helpful? 0
      , hosur
      Reviewed on Jun 06, 2017
    • Tata AIA Life Insurance
      "Satisfied"
      0.5 3.0/5 "Satisfactory"
      I am having life insurance policy with the Tata AIA life insurance company and I took two policies with them . The premium is around 23000 Rupees per annum for my two policies. Service aspects are not much good and the return values are not okay for me.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 19, 2017
    • Tata AIA Life Insurance
      "Average "
      0.5 2.5/5 "Just OK"
      I have term life insurance policy with the Tata AIA life insurance company and the coverage value is around one crore Rupees . Also the premium is around 12500 Rupees and the coverage period is around thirty period of years of time. Till now, I was happy with their claim experience.
      Was this review helpful? 0
      , new delhi
      Reviewed on Apr 12, 2017
    • Tata AIA Life Insurance
      "Tata for life"
      0.5 5.0/5 "Blown Away!"
      I am holding a life insurance policy with the Tata AIA and the services are very good and they are prompt in response and the premium is around 62000 Rupees per annum and the coverage period is for hundred years of time, which is the best perk that I had ever received.
      Was this review helpful? 0
      , mumbai
      Reviewed on Apr 11, 2017
    • Tata AIA Life Insurance
      "Its Good policy"
      0.5 4.0/5 "Great!"
      Recently TATA AIG changed the name as TATA AIA, now I have taken Life insurance with them called MAHA LIFE. Every year I used to make the premium of Rs.27,000 its for the period of 11 years. After completing tenure period, I would be getting Rs. 33,000 every year its for life time, otherthan that TATA AIA offered me Rs. 3 lakhs for life coverage.
      Was this review helpful? 0
      , gandhidham
      Reviewed on Mar 27, 2017
    • Tata AIA Life Insurance
      "Life insurance"
      0.5 5.0/5 "Blown Away!"
      TATA AIA life insurance is close to one year old. I had taken this insurance I am unable to comment much about it. I am holding this policy for a period of 9 months my wife's policy is hardly one month old. This was taken to help one of my retired colleague and one more policy I had taken with the help of CITI.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 23, 2017
    • Tata AIA Life Insurance
      "Comfortable but LIC is better"
      0.5 4.0/5 "Great!"
      "Long back before 6 to 7 years back I had taken a term plan from TATA AIG. I took this plan when I was employed with TATA AIG. Yearly I had to pay about 12000 as premium online. I did not face any issues nor any challenges as such while making the payment and I have a practice of making the payment online."
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 03, 2016
    • Tata AIA Life Insurance
      "Best term policy to go for long coverage"
      0.5 4.0/5 "Great!"
      I have life insurance policy with the Tata AIA and the coverage value is good with them, also the best part is that their time of coverage like they are giving it for forty years of time, also its an exclusive offer for CITI bank customer. I have not faced any hassle, as per my knowledge, its the right go.
      Was this review helpful? 1
      , mumbai
      Reviewed on Aug 30, 2016
    • Tata AIA Life Insurance
      "Much average"
      0.5 3.0/5 "Satisfactory"
      TATA AIG life insurance is very much average,. I have taken this policy with the help of my friends. I am making the payment through cheque. This policy was taken for a period of 8 years also I am planning to close this policy, as the returns are not that great and it is basically a term insurance.,
      Was this review helpful? 0
      , gurgaon
      Reviewed on Aug 30, 2016
    • Tata AIA Life Insurance
      "Compare before proceeding "
      0.5 3.0/5 "Satisfactory"
      The dealing happened from TATA AIA was good in case of Insurance services.Its a Maha Life gold plan from tata AIA.They offer good interest on the investment made from the customer end which is also an added advantage about Tata AIA.I will suggest anyone to compare before proceeding with any particular offer
      Was this review helpful? 0
      , faridabad
      Reviewed on Aug 27, 2016
    • Tata AIA Life Insurance
      "Never recommended "
      0.5 1.0/5 "Really Bad"
      Its not transparent details given on the ULIP plan benefits applied.They do apply default taxes in the Insurance.The maturity amount promised was around 1.5lakhs and they have provided 72000Rs.I may never recommend the service to future customers about Tata AIA.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 30, 2016
    • Tata AIA Life Insurance
      "Satisfactory services"
      0.5 4.0/5 "Great!"
      I do have a life insurance policy with Tata AIA. The services are good from them. I have taken a long term insurance. As the short term does not give much of returns. The tenure is for 35 years. The payments are very convenient to make online.
      Was this review helpful? 0
      , imphal
      Reviewed on Jul 20, 2016
    • Tata AIA Life Insurance
      "Should improve their customer care"
      0.5 2.0/5 "Expected more"
      I do have life insurance policy with Tata AIA and its an average one because the agents are not co-operative. Policy coverage value is around 5 lakh Rupees and the premium is around 13000 Rupees per annum. Total tenure is around twenty years of time.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jul 06, 2016
    • Tata AIA Life Insurance
      "SMART INCOME PLUS (SIP)"
      0.5 5.0/5 "Blown Away!"
      Earlier I had LIC policies, now I will take TATA AIA lic SIP which has attractive feature of Pay premium for 12 years and get Guaranteed Pay outs for 12 years with Risk cover for 25 years Rs 11 lacs (11 times of A.P) for 25 years Term. POLAIAH. K HYD
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 05, 2016
    • Tata AIA Life Insurance
      "Best in Insurance "
      0.5 5.0/5 "Blown Away!"
      Tata AIA executives are very supportive for the customer related to the life Insurance policy and service.They are very transparent related to the Insurance norms.based on my facility they are giving suggestion for taking a better plan.
      Was this review helpful? 2
      , hyderabad
      Reviewed on Jun 30, 2016
    • Tata AIA Life Insurance
      "Good coverage "
      0.5 5.0/5 "Blown Away!"
      The Insurance process was very good with Tata AIA related to the Life Insurance.I have taken this plan for my daughter.They have provided coverage for 16years tenure.I have never faced a drawback in the service offered by them related to the Life Insurance plans.
      Was this review helpful? 1
      , chennai
      Reviewed on Jun 24, 2016
    • Tata AIA Life Insurance
      "POOR CUSTOMER SERVICE "
      0.5 1.5/5 "Bad"
      Hei, There is no proper communication between the customer service dept. Customer service (call) doesn't know what discussions regarding the policy going on on mail, also doesn't know the payment customer status when you paid 8 days ago.
      Was this review helpful? 2
      , mumbai
      Reviewed on May 20, 2016
    • Tata AIA Life Insurance
      "Needs improvement"
      0.5 3.5/5 "Pretty good"
      Its good service provided by TATA AIA.The customer service is major drawback for the tata service.I have applied the Insurance for the tax saving purpose.After a weeks time they have informed the premium gets expired later I have got that information through online and processed for this with which I am not happy.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Mar 28, 2016
    Common Loader Icon
    Page 1 of 6 1 2 3 4 5
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.