Tata AIA Smart Sampoorna Raksha - Param Raksha Life Maxima+

Key Features of Tata AIA SSR Param Raksha Life Maxima+

• The plan offers pure risk protection by offering the sum assured to your nominee in case of your unforeseen death.

• You get access to Tata AIA’s wellness program, can receive upfront premium discounts, and can earn rewards for maintaining health.

• The plan provides an additional sum assured on accidental death, with 2x additional sum assured in case of accidental death in public transport.

• You can receive a benefit payout in accidental total & permanent disability, with 2x the benefit amount due to an accidental disability in public transport.

• The plan offers a return on maturity at the end of the policy term in the form of the fund value at maturity and a return of the Tata AIA Vitality Protect Advance Premiums.

• The Tata AIA Vitality Wellness Program helps you improve your health and offers a 10% discount on the first year of Tata AIA Vitality Protect Advance premiums.

Eligibility Conditions of the Tata AIA Param Raksha Life Maxima+

Here is a list of eligibility conditions you need to satisfy to buy the Tata AIA Smart Sampoorna Raksha - Param Raksha Life Maxima+ plan:

Benefits Offered With Tata AIA SSR Param Raksha Life Maxima+

Death Benefits

The plan offers life insurance cover to help you safeguard your family in case of an eventuality like unforeseen death or disability. The plan pays the lump sum benefit in case of the policyholder's unfortunate death, which the family can use to take care of their financial obligations.

Whole Life Insurance

You can choose to be covered under this whole life insurance for your whole life, i.e., until 99 or 100 years. This allows you to be covered for your whole life and guarantees financial security for your family.

Maturity Benefits

With this plan, you can get market-linked returns on the maturity of the policy and receive a return of all the Tata AIA Vitality Protect Advance Premiums you paid during the policy term. You can also receive the rider benefit premium you paid during the rider cover tenure.

Tax Benefits

Tata AIA Smart Sampoorna Raksha - Param Raksha Life Maxima+ offers life insurance tax benefits as per the prevailing tax laws. You can claim tax benefits under sections 80C and 10(10D) of the Income Tax Laws, 1961.

Vitality Protect Advance Riders Offered with Tata AIA SSR Param Raksha Life Maxima+

The main benefit of the Tata AIA Vitality Protect Advance Riders is that it returns all the rider benefit premiums paid during the policy term.

Accidental Death Benefit

With this rider, you can secure an additional sum assured for your family in case of your accidental death. The insurer will payout 2 times the rider sum assured in case of your death due to an accident in public transport.

Accidental Total & Permanent Disability

The Accidental total and permanent disability rider will pay the additional amount for total and permanent disability caused by an accident. The insurer will also pay 2 times the rider sum assured in case of total and permanent disability caused by an accident in public transport.

Tata AIA Vitality Wellness Program

With Tata AIA Life Insurance Vitality Program, customers can get upfront discounts up to 10% on Tata AIA Protect Advance premiums in the first year. The premium discounts may increase or decrease in the following years, depending on your wellness status. The Vitality Program also helps you earn rewards for making healthy life choices. These rewards can be in the form of premium discounts, cover boosters, etc.