What Critical Illnesses Are Covered Under Tata AIA Term Insurance?

Tata AIA Term Insurance plans help secure the financial future of the family members of the policyholder by protecting them from eventualities of life. The uncertainties might vary because of income loss, critical illness, or the unforeseen death of the insured. When an individual buys the Tata AIA Term plan in India, he/she can select to extend the protection by adding a rider and paying a small amount of extra premium.

Read more
Get ₹1 Cr. Life Cover at just ₹449/month*
No medical checkup required
Save more with upto 10% discount
Covers COVID-19
Tax Benefit
Upto Rs. 46800
Life Cover Till Age
99 Years
8 Lakh+
Happy Customers
*Tax benefit is subject to changes in tax laws. *Standard T&C Apply
** Discount is offered by the insurance company as approved by IRDAI for the product under File & Use guidelines
Get ₹1 Cr. Life Cover at just ₹449/month*
No medical checkup required
Save more with upto 10% discount
Covers COVID-19
View plans
Please wait. We Are Processing..
Get Updates on WhatsApp
By clicking on "View plans" you agree to our Privacy Policy and Terms of use

What is a Tata AIA Critical Illness Benefit?

Tata AIA Critical Illness benefit is the coverage offered for life-threatening and longtime illnesses that generally needs expensive medical treatment. The critical illnesses covered could be heart diseases, cancer, renal diseases, third-degree burns, loss of limbs, liver diseases, etc. The coverage provided under this plan is a smart way to safeguard your and your family member's peace of mind. The plan generally works by providing a lump sum amount on the diagnosis of a critical illness. 

What Are the Critical Illnesses Covered Under Tata AIA Term Insurance?

Fortunately, Tata AIA term insurance is one such plan that helps you and your family members in difficult times. So, you can easily opt for a specially designed Tata AIA Term Insurance plan that covers the following critical illnesses: 

List of Critical Illnesses Covered Under Tata AIA Term Insurance Plan
Alzheimer’s Disease  Apallic Syndrome 
Aplastic Syndrome  Bacterial Meningitis 
Benign Brain Tumor  Blindness 
Chronic Recurrent Pancreatitis  Coma of specified severity 
Creutzfeldt- Jacob Disease  Deafness 
Encephalitis  End-stage Liver Failure 
End-Stage Lung Failure  Fulminant Viral Hepatitis
Kidney Failure requires regular dialysis  Loss of independent existence 
Loss of limbs  Loss of speech 
Major Head Trauma  Major organ/Bone Marrow transplant 
Medullary Cystic Kidney Disease  Motor Neuron Disease with Permanent Symptoms 
Muscular Dystrophy  Parkinson’s Disease 
Permanent Paralysis of Limbs  Poliomyelitis 
Progressive Scleroderma  Severe Rheumatoid Arthritis 
SLE with Renal Involvement  Third Degree Burns 

Why Is It Important to Get Critical Illness Cover with Your Tata AIA Term Plan?

Here are 4 reasons why you should consider this critical add-on coverage: 

  1. Making Up For the Income Loss 

    When the family’s breadwinner is diagnosed with a critical illness, the pressure on the patient and the family members is very intense. With Critical illness cover, your family does not need to worry about affording the treatment costs while taking care of the household-related expenses. This add-on acts as an income replacement, providing your family time to make things in order. 

  2. Tax Benefits On the Critical Illness Cover 

    When you buy a term insurance plan with a critical illness benefit, you are eligible to receive additional tax benefits. The term insurance plan is covered u/s 80C of the ITA, 1961, while the cover of critical illness is exempted u/s 80D. Then, the benefits received are exempted u/s 10(10D). So, you can opt for a double tax benefit. 

  3. Covering a Large Number of Medical Expenses 

    If you buy critical illness cover with your term insurance plan, the lump sum amount will help you cover your medical expenses. The lump-sum amount on diagnosis saves you and your family members from the worry of collecting funds for your treatment. 

  4. Premium Remains the Same 

    When you buy critical illness cover benefits with your term insurance plan, the premium amount that you pay remains the same during the whole term. So, if you are diagnosed with a critical illness during the policy term, your premium amount will not increase as this factor has already been considered during the premium calculation. 

Wrapping It Up!

The additional financial security offered to you and your loved ones in the form of a critical illness benefit is priceless. In the fast-moving world, there is no such way to foresee what might happen to whom and when. However, the single thing you have control over is being prepared for all things that can go wrong. Buying a critical illness cover benefit along with your term insurance plan is the first step towards a comfortable life.

Types of Term Plans

Term insurance articles

Recent Articles
Popular Articles
Term Insurance - A Gift of Lifelong Protection for Your Sister this Rakhi

05 Aug 2022

Raksha Bandhan (Rakhi) is around the corner and if you are...
Read more
Difference Between Child Insurance and Term Insurance

04 Aug 2022

Every parent's priority is to financially protect their child's...
Read more
Gift “Term Insurance” to Your Wife This Karwachauth

04 Aug 2022

Every year, the fast of Karwa Chauth by your wife creates an...
Read more
Critical Illnesses Covered Under ICICI Term Insurance

26 Jul 2022

ICICI Term Insurance plans help secure the financial future of...
Read more
1.5 Crore Term Insurance Plan

26 Jul 2022

Raghav is a 30 years old healthy IT employee who has two...
Read more
Term Insurance Calculator - Calculate your Term Insurance Premium Online
Term Insurance Calculator Term insurance calculator helps to calculate the premium amount that you will have to...
Read more
Term Plan with Return of Premium - TROP 2022 | Policybazaar
Term Insurance is a simple life insurance plan that provides financial coverage in the form of a life cover for a...
Read more
2 Crore Term Insurance Plan
The pandemic has surely generated a global panic and emphasised the importance of financial planning that would...
Read more
LIC Term Insurance 1 Crore
If you have a LIC term insurance 1 Crore handy, you can cherish all your happy moments as you have made a fine...
Read more
Types of Deaths Covered and Not Covered by Term Insurance
Types of Deaths Covered and Not Covered by Term Insurance When it comes to securing the future of your loved ones or...
Read more

View Plans
Download the Policybazaar app
to manage all your insurance needs.