Tata AIA Smart Sampoorna Raksha Plus

Features of Tata AIA Life Smart Sampoorna Raksha Plus

Below are the features of Tata AIA Life Smart Sampoorna Raksha Plus ULIP Plan:

• Lump sum benefit for the family in case of unfortunate death.

• Flexibility to invest in a variety of funds.

• Upfront discount on rider premiums for the first year of the policy.

• Simplified onboarding with no medicals.

• Return on maturity at the end of the policy term.

Eligibility criteria for Tata AIA Life Smart Sampoorna Raksha Plus

Benefits of Tata AIA Life Smart Sampoorna Raksha Plus

Below are the benefits of Tata AIA Life Smart Sampoorna Raksha Plus: 

• Life Insurance Cover: A lump sum equal to 15 times the annualised premium will be paid to the family in case of unfortunate death.

• Accidental Total & Permanent Disability: Benefit payout in case of total and permanent disability due to accident; 2X benefit in case of disability due to accident in public transport; Sum assured equal to base sum assured.

• Accidental Death: Additional sum assured in case of accidental death; 2X additional sum assured in case of accidental death in public transport; Sum assured equal to base sum assured.

• Terminal Illness Cover with Term Booster: Sum assured equal to base sum assured on death and terminal illness.

• Return on Maturity: Fund value on maturity + return of all rider premiums paid.

• Tata AIA Vitality: A wellness program that helps you improve your health while also rewarding you, get up to 10% upfront discount on the first year rider premium.

Riders Under Tata AIA Life Smart Sampoorna Raksha Plus

• Term Booster (TB)

• Accidental Death (AD)

• Accidental Total and Permanent Disability (ATPD) These are benefit options available under Tata AIA Vitality Protect Plus.

• Upfront discount of 5% on first-year premium for Accidental Death, Accidental Total & Permanent Disability, and Accidental Disability Care Benefits, and 10% on first-year premiums of the other benefit options on enrolling into the wellness program.

How to Calculate Returns on Tata AIA Smart Sampoorna Raksha Plus ULIP Plan?

Policyholders can utilise a ULIP calculator to estimate the returns on their ULIP investments. This online tool helps them assess potential investment growth within a Unit Linked Insurance Plan (ULIP). By offering a clear projection of returns, it simplifies financial planning and enables informed decision-making. Users can adjust factors such as premium amount and policy tenure to compare different scenarios and refine their investment strategy.

Additional Details of Tata AIA Life Smart Sampoorna Raksha Plus

• Fund Choices: Flexibility to invest in a variety of funds. An example is the Select Fund which is Whole Life Mid Cap Equity Fund. Other fund options are also available under this plan.

• Wellness Program: Tata AIA Vitality is a wellness program that offers an upfront discount at policy inception.