Tata AIA offers specialized Term Insurance Plans for Non-Resident Indians (NRIs) to secure their family’s financial future with affordable premiums and comprehensive coverage. These plans are designed specifically to fit the needs of NRIs with features such as flexible policy terms, whole life coverage up to age 100, and various death benefit options.
Key NRI Term Insurance Plans by Tata AIA:
- Sampoorna Suraksha Supreme: Entry age 18-60 years, maturity up to 100 years, sum assured from ₹5 lakhs to ₹20 crores.
- Sampoorna Raksha Vitality Protect: Entry age 18-60 years, maturity up to 85 years, sum assured ₹50 lakhs to ₹2 crores.
- Maha Raksha Supreme: Entry age 18-60 years, maturity up to 85 years, sum assured ₹2 crores to ₹20 crores.
Important Features:
- Life cover against death or terminal illness with flexible premiums.
- Tax benefits under Sections 80C and 10(10D) of the Income Tax Act.
- Online purchase with tele-video medicals, allowing NRIs to buy without coming to India.
- Wellness program discounts and benefits such as free annual health tests.
- Options for income payout starting at 55, 60, or 65 years for retirement planning.
- Additional riders for enhanced protection including critical illness, disability, and accidental death.
- Female customers enjoy lower premium rates.
- Claim Settlement Ratio of 98.53%, indicating high reliability.
- Documents required: valid visa, passport, foreign address proof, income proof, and others as per policy guidelines.
These Tata AIA NRI term plans offer peace of mind by providing financial security to your loved ones even if you are away, combining affordability, convenience, and comprehensive coverage tailored to expatriates’ unique needs.
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