We all know that life is very uncertain and needs to be protected. We have to be prepared for such a situation. To protect our loved ones from such a situation and bring financial stability you should have Term Plan for them. Maha Raksha Supreme is a Pure Term Plan for the protection of Family. Maha Raksha Supreme has many benefits and the best plan for individual protection.
Tata AIA Maha Raksha Supreme is Non-Linked, Non-Participant Individual Life Insurance that offers you a wide range of choices to cover different financial needs.
Key Highlight
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Life Cover up-to Age 85 or Whole life cover(till 100 years).
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Inbuilt payout benefit of 50 % advance of sum insured payment in case of terminal illness.
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Increase in cover at future milestone events in your life.
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Pay only once for a limited period or throughout the policy term.
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Additional Rider option to enhance protection.
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The discount rate for female life and for a nonsmoker.
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Tax benefits as per applicable tax law.
Eligiblity Criteria
Plan Options
Parameters
Minimum
Entry Age
18 Years
Maximum
entry age
70 years for Single Pay, Regular Pay and Limited
Pay 5
65 years for Limited Pay 10, 12
45 years for Pay to Age 60
Maturity Age
Minimum
Maximum
Non Whole Life
Whole Life
28
85
100
100
Basic Sum
Assured
Min: R 5,000,000 & Max: No Limit Subject to Underwriting
Sum Assured should be in multiples of
R 5,00,000
Premium
payment Modes
in Regular/
Limited Pay
Annual/Semi Annual/Quarterly/Monthly
Policy Term/
Premium
Payment Term
Premium
Paying Term
(PPT)
Min
Policy
Term
Max Policy Term
Non
whole life
Whole Life
Single pay
Regular Pay
Limited Pay 5
Limited Pay 10
Limited Pay 12
10
50
Limited Pay to
Age 60
10
50
10
15
15
55
Not Applicable
100 – age at entry
Up to age 85
Not Applicable