Tata AIA Life Insurance is setting new standards in term insurance with the launch of Sampoorna Raksha Promise, a groundbreaking plan designed to address the evolving needs of today’s policyholders. This innovative product offers a host of advanced features that blend financial security with modern flexibility.
At the heart of Sampoorna Raksha Promise is its commitment to immediate relief—policyholders can receive an instant payout of INR 3 lakhs upon claim notification, ensuring that families have access to critical funds when needed most. For those diagnosed with a terminal illness, the plan accelerates 50% of the base sum assured, waiving future premiums while continuing to provide policy benefits. Furthermore, the plan includes a unique Flexi Pay Benefit, allowing users to defer premiums by up to 12 months every five years, making it easier to manage finances during challenging times.
Samit Upadhyay, President & CFO of Tata AIA, highlights the plan’s forward-thinking approach: “Sampoorna Raksha Promise is more than just a term insurance plan; it’s a comprehensive solution that adapts to our clients’ changing needs.” This new offering is poised to make a significant impact. The city’s dynamic economy and growing consumer base are well-aligned with the plan’s flexibility and extensive benefits, positioning Sampoorna Raksha Promise as a top choice for those seeking both security and adaptability in their insurance coverage.
