Compare Term Insurance Plans

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Here's your customized plan

Get Life Cover of ₹1 Crore by paying a premium of

₹7,085/month

Total premium: ₹14.09 Lakh

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  • 1st year premium (with discount): 
₹21,749/month
  • 2nd year onwards premium₹8,287/month
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savingSave ₹1,202 with discounts

₹ 4.2 Lakh
₹ 1 Crore
You Pay (Total)
You Get (Life Cover)

Discounts

10% Online discount
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10% discount on 1st year premium is applicable on online purchase. This discount is auto-applied and can’t be removed

8.5% Salaried discount
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8.5% discount on 1st year premium is applicable for salaried personnel. You will need to share your corporate email ID if you opt for this discount. This discount is auto-applied if you select ‘Salaried’ as your occupation and can’t be removed

25%Tata Group Employee Discount
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Applicable only if the policy is bought digitally. Some discounts will not be available when this option is selected.

1% Autopay discount
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1% discount on 1st year premium for all payments paid through any permissible electronic mode debited through an auto-debit mandate. Maximum discount capping: ₹100 over the year.

2% Milestone discount
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2% discount on 1st year premium on these milestones

Event Eligibility
Wedding (1 wedding only) Within 6 months before or after the date of wedding
Birth/ Adoption of 1st child* Within 6 months before or after the birth/ adoption date
Home loan Within 6 months of loan getting sanctioned
First job Within 6 months of joining date

*Policy issuance eligibility for female customers will be determined by Board Approved Underwriting Policy (BAUP)

The above milestones cannot be clubbed to avail more discount, Such discount shall be capped to a maximum of ₹500 over the year.

15% lower premium for women (every year)
Buy Together discount
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Save up to 5% when you and a family member purchase policy together. Some discounts will not be available when this option is selected.

A certified Tata AIA expert will call you from a 1600‑series number to customize your plan.

Buy your plan

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Minimum income: ₹5 Lakh

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Tata AIA Sampoorna Raksha Promise - Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN:110N176V12)

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What is Term Insurance?

Term insurance is a life insurance policy that provides financial support to the nominees in case the policyholder passes away unexpectedly during the policy term. This type of plan ensures that your loved ones remain financially secure and cared for, even in your absence.

Term Insurance Comparison

Tata AIA Sampoorna Raksha Promise and Tata AIA Maha Raksha Supreme Select are term insurance plans designed to provide comprehensive financial protection to policyholders and their families. They share several key similarities:

  • Life Coverage

    Life Coverage

    Both plans offer substantial life cover to ensure the financial security of your loved ones in your absence.

  • Terminal Illness Benefit

    Terminal Illness Benefit

    Each plan includes a benefit that provides a payout upon the diagnosis of a terminal illness, offering financial support during critical times.

  • Premium Waiver

    Premium Waiver

    In the event of a terminal illness diagnosis, both plans waive future premium payments, reducing financial burden during challenging periods.

  • Flexible Payout Options

    Flexible Payout Options

    Both policies allow beneficiaries to choose between lump-sum payouts or staggered payments, catering to individual financial needs and preferences.

  • Optional Riders

    Optional Riders4

    Policyholders can enhance their coverage by adding riders such as Accidental Death and Dismemberment, providing additional protection against unforeseen events.

  • Discounts

    Discounts

    Both plans offer premium discounts for women policyholders and salaried individuals, making them more affordable.

However, there are key differences in both the term insurance plans, we can understand the similarities as well as differences on the features from the below table:

Conclusion: In conclusion both Sampoorna Raksha Promise and Maha Raksha Supreme Select offers unique features, enabling individuals to select a policy that aligns with their specific financial goals and protection requirements.

Comparison of Tata AIA Term plans

    Plan name

Tata AIA Sampoorna Raksha Promise: Life Promise

Tata AIA Maha Raksha Supreme Select: Life Secure

Entry Age (years)

Minimum

Minimum

Minimum

Maximum

Maximum

Maximum

Maturity Age (years)

Minimum

Minimum

Minimum

Maximum

Maximum

Maximum

Pay premium for (Premium Payment Term in years)

Minimum

Minimum

Minimum

Maximum

Maximum

Maximum

Stay covered for (Policy Term in years)

Minimum

Minimum

Minimum

Maximum

Maximum

Maximum

Life cover (Basic Sum Assured in Rs)

Minimum

Minimum

Minimum

Maximum

Maximum

Maximum

Premium payment mode

Death benefit

Option to cover till age7 of 100

Return of premium

Terminal illness cover

Early exit feature

Instant claim payout1

FlexiPay3 (Pay later) benefit

Health benefit

Tax benefit5 on premiums paid

Tax on death benefit

Digital purchase discount

Salaried personnel discount

Female premium benefit

Milestone discount

Tata Group staff discount

Other discounts

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Explanation

Premium Payment TermPeriod for which premiums will be paid

Policy Term: Period for which policy will remain active subject to premiums paid on time

Basic sum assured: Life cover provided under the policy

Single Pay: Pay premium once

Limited Pay: Pay premium for a defined number of years, lesser than the policy term

Regular Pay: Pay premiums for the entire policy term

Conclusion: In conclusion both Sampoorna Raksha Promise and Maha Raksha Supreme Select offers unique features, enabling individuals to select a policy that aligns with their specific financial goals and protection requirements.

Best Seller

Tata AIA Sampoorna Raksha Promise

Get ₹1 Crore Life cover @ ₹826/month1

Age: 25

Cover till age: 60 yrs

Payment duration: 35 yrs

Death-Claim

99.41%
Individual Death Claim
Settlement Ratio2

calender-icon

pay later option
Defer premium
by
12 months3

early-payout-icon

Instant Payout
on terminal illness

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FAQs on Compare Term Insurance Plans

  • Can I buy term insurance plans online?

    Yes, you can buy a term insurance plan online. In fact, there are several benefits of buying a term plan online, like, you can make a more informed buying decision, avail of discounts from the insurer, compare multiple term plan offerings, purchase a term plan quickly, etc. 

  • Is it better to have more than one term insurance plan?

    Though people can have more than one term insurance plan, having a single policy with coverage suffices for your family’s needs is better. With multiple term insurance plans, the burden of remembering term insurance premium payment dates and the insurance cost increases and can become difficult to maintain.

  • How much term insurance does one need?

    The term insurance coverage should be sufficient to allow one’s family to continue with the same living standard even when the regular income ceases to exist. According to financial experts, a term insurance policy coverage must be a minimum of 15 to 20 times the insured’s existing income.

  • Do Tata AIA Life Insurance term plans offer a free-look period?

    Yes, Tata AIA Life Insurance offers a free look period of 15 days on the term insurance plans purchased offline, while the free look period is extended to 30 days in case of term plans purchased online.

  • Can I avail of tax benefits under a term insurance plan?

    Yes, term plans offer tax benefits#. Term insurance premiums paid towards the policy are eligible for tax deductions, and the death benefits qualify for tax exemptions as per applicable tax laws.

  • Is it good to invest in term insurance?

    Yes, term insurance is a great investment choice because it provides a high sum assured for a low policy premium and ensures your loved ones are protected even in your absence.

  • Disclaimer

    • Tata AIA Maha Raksha Supreme Select - Non-Linked, Non-Participating, Pure Risk, Individual Life Insurance Product (UIN: 110N171V08)
    • Tata AIA Sampoorna Raksha Promise - Non-Linked, Non-Participating, pure risk, Individual Life Insurance Product (UIN:110N176V05)
    • *Illustrated premium of ₹608 is the monthly premium excluding taxes for a 20 yr. old female, Standard Life, Non-Smoker for ₹1 Cr. Sum Assured with Policy Term of 20 yrs. (Regular Pay) under Life Promise Option and ₹501 is for the same modal point with first year premium discount of 10% for digital purchase and 8.5% for salaried person. Please refer Benefit Illustration for more details. Premium is subject to applicable taxes, cesses & levies which will be entirely borne/paid by the Policyholder, in addition to the payment of such Premium. Tata AIA Life shall have the right to claim, deduct, adjust, recover the amount of any applicable tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy. Kindly refer the sales illustration for the exact premium.
    • 1With this feature, instant death benefit of INR 3 Lacs from the Sum Assured will be paid within 1 working day from the claim registration date. This feature is applicable only after a waiting period of 3 policy years from the policy inception or revival of the policy and provided the policy is in force. The remaining SA shall be payable post the completion of the claim investigation. Further, in case of any discrepancy in the claim investigation resulting in the final decision of non-payment of the claim, the company reserves the right to recover the already paid amount. The acceleration of instant claim should not be construed/interpreted as acceptance of the claim. | On assessment of documents submitted during claim assessment, additional documents may be sought by the company. | Please refer the sales brochure and policy document for more details.
    • 2Individual Death Claim Settlement Ratio is 99.13% for FY 2023 - 24 as per the latest annual audited figures.
    • 3With this feature, policyholder is allowed to defer the due premium for a period of 12 months while maintaining the full risk cover under the base plan and attached riders. At the end of Premium Deferment period, the policyholder is required to pay the due premiums, including the premium applicable for the period of Premium Deferment, i.e. the base cover premium and additional premium (if any). | FlexiPay Benefit shall be available for multiple times with a gap of 5 policy years from the expiry date of previous Premium Deferment. The option can be exercised only after payment of 5 full years premium. | No interest shall be levied on the premium due during the Premium Deferment period. If the premiums due are not paid within the grace period after expiry of the FlexiPay Benefit, the Policy (including Rider(s), if any) shall lapse and no benefits shall be payable in the Policy or the Rider(s), if any) and company shall be entitled to recover the same from any amounts or benefits payable under the Policy or Rider(s). | Please refer the sales brochure and policy document for more details.
    • 4Riders are not mandatory and are available for a nominal extra cost. For more details on benefits, premiums and exclusions under the Rider, please contact Tata AIA Life's Insurance Advisor/Intermediary/ branch.
    • 5Tax benefits of up to ₹46,800 u/s 80C is calculated at highest tax slab rate of 31.20% (including cess excluding surcharge) on life insurance premium paid of ₹1,50,000 as per old tax regime. Tax benefits under the policy are subject to conditions laid under Section 80C, 80D,10(10D), 115BAC and other applicable provisions of the Income Tax Act,1961. Good and Service tax and Cess, if any will be charged extra as per prevailing rates. The Tax Free income is subject to conditions specified under section 10(10D) and other applicable provisions of the Income Tax Act,1961. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above.
    • 6Earn flat 5% Tata NeuCoins on insurance premium payment for Limited/Regular Pay policies, applicable for the 1st year. For Single Pay policies, 0.5% of premium can be earned as NeuCoins. There’s no capping on the maximum amount that can be earned. Benefits will reflect in your Tata Neu wallet 30 days after policy issuance. These points can be used to shop on Tata Neu across various categories like fashion, electronics and groceries.
    • 7Not applicable under PoS, please refer sales brochure for more information.
    • 14This includes first year digital discount of 10% for Limited Pay/Regular Pay and 8.5% salaried discount. For Single Pay, 1% discount will be available for online purchase and salaried discount each.
    • This product is underwritten by Tata AIA Life Insurance Company Ltd.
    • Insurance cover is available under this product.
    • In case of non-standard lives, extra premiums will be charged as per our underwriting guidelines.
    • Rider is not mandatory and is available for a nominal extra cost. For more details on benefits, premiums, and exclusions under the Rider, please contact Tata AIA Life's Insurance Advisor/ branch.
    • This plan is not a guaranteed issuance plan, and it will be subject to Company’s underwriting and acceptance.
    • For more details on risk factors, terms and conditions please read Sales Brochure carefully before concluding a sale.
    • Premium will vary depending on the option chosen
    • Buying a Life Insurance Policy is a long-term commitment. An early termination of the Policy usually involves high costs, and the Surrender Value payable may be less than the all the Premiums Paid.
    • In case of POS variant, the product is available with/without medical underwriting as per BAUP (Board Approved Underwriting Policy)
    • L&C/Advt/2025/Apr/1770