One of our key priorities is to ensure that our loved ones are never wanting in terms of financial resources to live the life of their dreams. We want to protect their standard of living as well as ensure that any unfortunate event does not place on their shoulders the burden of our debts & loans.
Presenting the Tata AIA Life Insurance iRaksha TROP, a plan that is the ideal solution to provide a strong 'foundation' to protect the income of our loved ones. Tata AIA Life Insurance iRaksha TROP not only ensures peace of mind due to financial protection provided to your family during the term of the policy but also return the Total Premiums Paid at the end of the Policy Term.
Key Benefits
-
Dual benefits of financial protection and Return of Premium in case of survival till maturity
-
Life cover for up to 40 years or up to age 100
-
Choice of Single, Regular or Limited premium payment term
-
Lower rates for female lives and standard rates for non-smokers
-
Discount on rates for customers opting for higher level of protection
-
Enhance your protection with Optional Rider
-
Tax Benefits as per Income-Tax Act, 1961
Eligibility Criteria
15 to 40
Annual / Semi Annual / Quarterly/
Monthly
Modal loading on premiums will be
applicable as follows:
Single Premium :
Multiply Single Premium by 1 (i.e. no
loading)
Annual Premium Rate :
Multiply Annual Premium Rate by 1 (i.e.
no loading).
Semi-Annual Premium Rate :
Multiply Annual Premium Rate by 0.51
Quarterly Premium Rate:
Multiply Annual Premium Rate by 0.26
Monthly Premium Rate :
Multiply Annual Premium Rate by
0.0883
Policy Term and
Premium Paying Term
Sum Assured
Maturity Age
(last birthday)
18 – 70 years ( for Single Pay, Regular
Pay and Limited Pay 5)
18 - 65 years ( for Limited Pay 10)
Entry Age
(last birthday)
Max: 100 Years
Policy Term
(in years)
Min: 50,00,000 & Max: No Limit
Subject to Underwriting (Sum Assured
to be in multiples of 1,00,000)
Premium Paying Term
Premium payment
Modes in Regular /
Limited Pay
10 to 40
Limited Pay - 10 years
Regular Pay
Single Pay
Limited Pay - 5 years