For most of us, family comes first. We have done everything possible to keep them happy while we are amidst them. That’s not all; we work towards creating assets that can help them live a life of dignity in our absence. Tern insurance as a solution becomes relevant here, as it fulfills this basic human need of financially securing the loved ones in the unfortunate event of the death of the bread earner. Tata AIA Life Insurance, a leading insurer in India has announced a new term insurance ‘Sampoorna Raksha Promise’ that comes with innovative features and benefits.
Commenting on the launch of Sampoorna Raksha Promise, Samit Upadhyay, President & Chief Financial Officer of Tata AIA, said, “Term insurance as a category has been providing financial security to consumers for many years. However, over time consumers have started to seek more from their insurance plan, beyond efficient claim payment.”
The Accelerated Instant Death Benefit of INR 3 lakh is paid within 1 working day from the date of claim registration if the Life Insured dies after the waiting period of 3 Policy Years has passed.
