What We Do For You
Risk Cover
Risk cover through life insurance ensures that in the event of an unforeseen tragedy, your loved ones are financially protected. It provides a lump sum payout to your beneficiaries, helping them manage expenses such as outstanding debts.
Claim Assistance
Claim assistance ensures a smooth and hassle-free process during difficult times. With professional guidance, your loved ones receive step-by-step support in filing and managing life insurance claims.
Tax Benefits
Life insurance policies offer attractive tax benefits under prevailing tax laws. Premiums paid towards life insurance can be claimed as deductions under Section 80C of the Income Tax Act, reducing your taxable income.
Investments for Wealth
Life insurance policies, especially investment-linked plans, offer the dual benefit of protection and wealth creation. By investing in market-linked instruments like ULIPs, you can grow your wealth over time while staying insured.
Savings for Guaranteed Returns
Life insurance plans with guaranteed returns combine the security of life cover with assured financial growth. These plans offer fixed, predictable returns on your savings, providing a reliable way to accumulate wealth over time.
Loan Facility
You can avail a loan against your life insurance policy to help cover additional expenses when needed. The loan amount you are eligible for will depend on the terms, conditions, and guidelines set by your insurance provider.
Retirement Planning
A well-chosen life insurance policy can help you plan for your retirement by providing a steady source of income through regular payouts, ensuring that you and your family’s financial needs are met even without a monthly salary.
Backup for your Business
If you are a business owner, your obligations and debts in the event of your untimely death can be covered by a life insurance policy. Both your family and any financial commitments are covered by the sum assured.
Long Term Saving
A life insurance savings plan allows you to invest and save consistently for wealth creation, which can help you pay for a variety of things like relocating to a new city, starting a new business, and purchasing a new car.
About
About TATA AIA Life Insurance
AIA Group Ltd. and Tata Sons Pvt. Ltd. collaborated to develop TATA AIA Life Insurance Company Limited, also known as Tata AIA Life. The primary share is held by TATA Sons (74%), with AIA holding 26%. One of India’s biggest private-sector insurers, TATA Life Insurance offers a wide range of insurance products to individuals, families, and businesses of all kinds. Its clientele includes those in need of group, health, and life insurance.
TATA AIA Life Insurance Company Ltd. works in several life insurance segments, including protection plans, wealth plans, child plans, savings plans, group plans, micro-insurance plans, and more, to meet the various insurance demands.