We all know that our world is full of risk and uncertainty. When it comes to protecting our family's financial needs we all do it by saving a small or big amount of money for a family in case of an unforeseen situation. But this is not enough in today's worlds, what we do is called the traditional way of saving money for the family. There are other ways in which you can plan for the protection of your loved one but by investing in a money-back term plan. A Money-Back term plan offers protection against the death of individuals and the insured amount is paid to their family. If a person survives till the maturity of the policy then the premium amount which is paid is returned as per policy term which is selected by the customer at the time of purchase.
Tata AIA Sampoorna Raksha Plus not only offer protection against the uncertainty of life but also give your return of premium paid on survival till maturity of the policy.
Tata AIA Sampoorna Raksha + policy has the option to either take Lum-Sum benefit on death or Lum-Sum benefit on death and monthly income for the next 10 years.
Sampoorna Raksha+ Key Benefits
-
Flexibility to choose between two Death Between options:
"Sum Assured on Death” as Lump Sum benefit on Death
“Sum Assured on Death” as Lump Sum benefit on Death
and Monthly Income for next 10 years.
-
Return of Premium - in case of survival till maturity
-
Life Cover for Policy Term of up to 40 years or up to Age
100 years -
Choice of Regular or Limited (5 / 10 / 12 Years) Premium
Paying Term -
Lower premiums rates for Non Smokers and Female lives
-
Enhance your protection with Optional Rider
-
Large Sum Assured discount for Higher Coverage
-
Receive tax benefit u/s 80C and 10(10D), as per the
applicable Income Tax laws -
Total Premiums Paid will be returned on survival till maturity.
Eligibility Criteria
Plan Parameters
Minimum
Maximum
Age at entry
(Years)
18
For Regular Pay& Limited
3 Pay 5 year: 70
For Limited Pay 10 years
& 12 years: 65
Age at Maturity
(Years)
28
100
Death Benefit
• “Sum Assured on Death” payable on Death
• “Sum Assured on Death” payable on Death &
Monthly Income thereafter for 10 years
Policy Term (PT)
Premium Paying Term (PPT)
Policy Term
Regular Pay/Limited Pay 5
10 to 40, subject to maximum maturity age 100 years
Limited Pay 10 / 12
Pay 15 to 40, subject to maximum maturity age 100 years
Premium Payment Term (PPT)
(years)
Limited Pay – 5 / 10 / 12
Regular Pay
Basic Sum Assured
(Sum Assured in No Limit subject to Board
multiples of approved underwriting policy
1,00,000)
Rs 50,00,000
No Limit subject to Board approved underwriting policy
Annualized Premium
Based on Minimum Basic Sum Assured
Based on Maximum Basic Sum Assured
Premium Payment Mode
Annual/ Half-yearly/ Quarterly/ Monthly