Tata AIA Life Insurance has simplified the claims process to ensure a hassle-free experience. Policyholders and their nominees can initiate claims online, via email, or at branch offices. The process is transparent, with dedicated support teams guiding claimants at every step. Tata AIA provides a 4-hour express claim settlement upon receipt of all required documents subject to certain conditions.
The importance of a high claim settlement ratio
When choosing a term insurance, a high claim settlement ratio serves as a benchmark for trust and dependability. Here’s why the claim settlement ratio matters:
- Timely financial support: Families can count on prompt payouts during challenging times.
- Build-up trust: A consistent ratio over the years indicates the company’s commitment to honouring its policies.
- Customer-centric focus: The insurer’s thorough claims process is designed to minimise stress for policyholders and their families.
Why choose Tata AIA’s Sampoorna Raksha Promise Term Plan?
Tata AIA’s Sampoorna Raksha Promise Term Plan is an upgraded version of their previous Sampoorna Raksha Supreme, offering enhanced benefits and flexibility for policyholders.
Some of the key features include:
- Receive an immediate payout of ₹3 Lakh upon claim notification.
- Premiums are waived off if diagnosed with a terminal illness.
- Flexibility to postpone premium payments for up to 12 months with the Flexi Pay Benefit.
- Enjoy a full refund of the premium amount paid.
- Avail life coverage extending up to the age of 100 years.
- Save tax up to Rs. 46,800
- Avail discount of 5% for salaried employees and an additional 10% on digital purchase
The road ahead
Tata AIA Life Insurance leads with a focus on customer satisfaction, operational efficiency, and innovation. With a strong financial foundation, it achieved a 99.13% claim settlement ratio in FY 2023-24, highlighting its commitment to policyholder trust.
For those looking for dependable life insurance solutions, visit tataaia.com to secure your family’s future with comprehensive protection.
Disclaimer – The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content.
