TATA AIA Term Plan Calculator 2024 helps customers calculate the premiums payable for their desired term insurance plan. Using this Tata AIA calculator, you can plan your finances better, knowing how much of your income will be spent on the premiums and how much returns you can expect on survival. This term calculator can compare the premiums and select the plan with the most suitable features and benefits.
#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply
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Tata AIA Term Insurance Calculator is an online tool that helps customers accurately calculate the premium amount they need to pay for the desired life cover for their ideal Tata AIA Term Plan. This tool is easy to use, cost-effective, and time-saving as you can perform complex calculations within seconds using the Tata term plan calculator. You can find the most suitable Tata AIA term insurance plan for yourself by altering your requirements, such as life coverage and policy terms, in the calculator.
Note: Know more about what is term life insurance first before reading this article.
Term Plans
Here is how you can use the Tata AIA term plan calculator:
Step 1: Visit the term insurance premium calculator page
Step 2: Select your suitable age, gender, life cover, and cover till age in the drop-down sections
Step 3: The lowest monthly premiums applicable will be shown on the calculator
Step 4: Click on the ‘View Plans’ section to see the available plans and compare them online
Calculate your premium in just a few minutes with Tata AIA's term insurance calculator and enjoy financial clarity! Our calculator helps you find the term insurance policy that fits your needs and budget.
The key reasons to use the TATA AIA term insurance plan calculator are as follows:
Compare Premium Rates: You can easily compare term insurance premium rates between the wide range of insurance plans.
Choose a Budget-Friendly Plan: The Tata AIA Term Plan Calculator helps the customer to decide whether a particular plan fits into their budget or not.
Know Life Cover, Premium And Policy Term: You can get a clear idea of your life cover, premiums and the time period for insurance too .
Cost-Free: It can be done free of charge and online, which means it can be done from the comfort of the policyholder’s home.
Knowledge Before Buying: The policyholder gets thorough information on a particular life insurance plan before buying it, and he/she also gets to know the minimum and maximum age for them when the policy gets matured.
There are many advantages to using Tata AIA Term Plan Calculator. Calculating the premium before finalizing on any insurance helps the customers a lot. Tata AIA Term Plan Calculator can help differentiate between various plans and help select the plan that is suitable for the policyholder. Some of the advantages of using the Tata term plan calculator are given below:
Using the term plan calculator can help the policyholder to get a clear idea of the insurance plan and premium rates of particular insurance before choosing to purchase it.
This calculator can be used online for free. Thus, this saves the time that it takes for the customer to wait in line at the office for calculating their premium rates. Since it is free, it saves the money that is spent on visiting the company’s office and making such complex calculations manually.
You don't need to give any documents or go through any extra steps to get your premium estimates with a Tata AIA term plan calculator. Once you have your quotes, you can purchase your Tata AIA term plan right away.
Knowing the premium amounts of a policy beforehand saves the customer from uncomfortable situations like delays in the premium payments or if the customer couldn't afford to pay a premium. By knowing the premium rates and the term for their policies, the policyholder can prepare before paying their premiums.
The policyholder can check premium for multiple policies in the term Insurance calculator if they are willing to take multiple policies from the insurance company.
Several basic information is needed while using the Tata AIA Term Plan Calculator 2024 online. Here are some points that need to be kept in mind before using the Tata AIA Term Plan Calculator:
Personal Information – Full Name, Age, Date of Birth, Gender, Address, E-mail ID, Contact Number, Salary per Annum, Loan Amount, Marital Status, Debts, etc.
Required Sum Assured - Sum assured amount that is needed for life insurance coverage.
Health information – Information about any critical illnesses like Cancer and other habits that are harmful to health, like smoking.
Assess Requirements - An estimated amount is needed to fulfil the future financial goals and dreams of the customer. Dreams and plans of the policyholder's family etc.
*Note: Policybazaar provides you with 100% claim assistance. You can contact Policybazaar dedicated claim assistance team to get 24x7 guidance and support for all your claims related queries.
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Here are reasons to buy Tata AIA Term Insurance Plans:
Claim Settlement Ratio (FY 2022-2023) | 99.01% |
Families protected (till 2024) | 72 Lakh+ |
Express Claim Settlement | Claim settled within 4 hours |
PAN India presence | 400+ Branches |
Payment Convenience | Flexibility to choose payment mode as per your convenience |
Some of the other significant benefits of buying this Tata AIA Life Insurance are discussed below:
Tata AIA Term Insurance has life coverage up to 85 years of age. Some policies of Tata AIA have life coverage up to 100 years of age of the policyholder. This is one of the highlighted benefits of Tata AIA Term insurance, among the other insurances that are available on the market.
The cover on the existing policy can be increased to a higher amount during the policyholder's life milestones like – marriage, the birth of a child, retirement, etc. By increasing the life cover on the already existing policy saves the policyholder from the trouble of getting a new policy.
Discounts are provided for premium rates of the policies with a higher sum assured amount in them. Tata AIA term insurance even provides discounts for women and non-smokers.
Some add-on riders are also available in Tata AIA Term Insurance. This scheme helps the policyholder at the time of death, accidental deaths, disability, critical illnesses, and terminal illnesses. All of these risk factors have a probability of arising in any policyholder's life at any time.
Tata AIA offers premium rates to fit the convenience of its customers. They offer premium payment options like – monthly, quarterly, semi-annually, and yearly for the policyholder to pay the premiums as per their suitability. The customer can choose among these options and select a plan that suits them and comes under their budget line.
Tata AIA life insurance provided a CSR of 98.53% in the FY 2021-22, which means they settled most of the claim requests received in the year. This is also one of the significant benefits of Tata AIA term insurance. Customers can register their claim requests online to get their claims settled as soon as possible from the comfort of their homes.
Note: Check out the best term life insurance in India and choose one that suits your requirements.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C applies.
Here is a list of ways to contact TATA AIA Life Insurance:
Customer Care
For Existing Policy
Call at 1860 266 9966
Dedicated NRI Helpdesk: +91 22 6251 9966
Call at +91 22 6984 9300
Or give a missed call for a call back at +91 11 6615 8748
For NRIs
Give a missed call for a call back at +91 11 4473 0242
Visit Nearest Branch
You can also visit their nearest branch physically reach out to TATA AIA life insurance company.
SMS
You can send an SMS to 5676799 to contact them via text. And then, you can use the exact prompts (as suggested by them) to get help.
You can contact them over WhatsApp on 7045669966 and get your doubts resolved.
Email
Mail them at customercare@tataaia.com and get your doubts cleared.
Here are steps to easily login to your Tata AIA Life Insurance account:
Step 1: Go to the login page of Tata AIA Life Insurance
Step 2: Select between the available options, i.e. Individual and Non Individual
Step 3: Enter your Mobile number/Policy number/Email ID
Step 4: Enter your DOB
Step 5: Click on “Login With OTP”
OR
If you want to login with your password, enter your correct password and click on “Login With Password”
*Note: First time user will can login with OTP only
A1. Yes. If the policyholder's death happens due to suicide, then the beneficiary or the Nominee gets the higher of the death benefit, which is at least 80% of the total premiums paid till the death date, or the surrender value.
A2. The death benefit payable to the Nominee is the sum assured on death along with the additional sum assured under the life stage plus option. Sum Assured on death is the basic sum assured, ten times the annualized premium and 105% of total premiums paid up to the date of death.
A3. There are a few additional benefits to Tata AIA. Life Insurance like ADDL (Accidental Death and Dismemberment Long Scale) and other riders that ensure to pay the Nominee the sum assured amount that is to be paid at the end of the policy.
A4. Yes. The Tata AIA Term Insurance can be calculated online for free on the official website of Tata Life Insurance by providing a few basic details of the customers.
A5. Yes. A policy can be taken online in Tata AIA Insurance. The customer needs to provide a few basic details and upload a few documents if necessary to get their policies approved online.
A6. The highest sum assured by Tata AIA is 1 Cr. and above. It depends on the plan or the policy that the customer chooses to be the best fit for them.
A7. The steps involved in buying plan in TATA AIA insurance are as follows:
A8. Yes. The tax benefits of the policies will be provided by the Tata AIA Insurance under the tax benefits laws. Tata AIA Insurance tries its best to meet the customers' needs through any mode of tax benefit they could afford.
*Standard T&C Apply
*Tax benefits are subject to change as per tax laws.
A9. The eligibility criteria for getting a policy in Tata AIA Insurance is – Minimum age 18 to maximum age 70, Basic sum Assured, Salary per annum, Premium payment modes, Maturity age, and Plan options. (Plan option depends on the mode of payment or the type of plan chosen by the customer).
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.
˜Top 5 plans based on annualized premium for bookings made on https://www.policybazaar.com in the first 6 months of FY 24-25.
Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
+Rs. 487/month (Rs.16/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.
Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited
We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881
For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale
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+Rs. 820/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.
+Rs. 1,443/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.