Term Insurance
Protect your loved ones financially in case of any unfortunate event with a robust term insurance plan. SAA Financial Services provides you with customized insurance solutions at competitive premiums.
Our Association with TATA AIA Life Insurance
TATA AIA Life Insurance is a joint venture between TATA Sons Pvt. Ltd. and AIA Group Ltd., one of the largest life insurance companies in Asia. It is known for its customer-first approach, high claim settlement ratio, and innovative insurance solutions, ensuring financial protection for individuals and families.
Why Choose Term Insurance?
High Coverage at Low Premiums
Get substantial financial protection at an affordable cost.
Flexible Payout Options
Choose lump sum, monthly, or a combination of both payouts.
Financial Security for Your Family
Ensure your family’s stability in your absence.
Critical Illness & Additional Riders
Enhance your plan with add-ons for better coverage.
Tax Benefits Under Section 80C
Save taxes while securing your future.
Term Insurance
The Sampoorna Raksha Promise plan ensures long-term financial security with the following key features:
- Whole Life Cover: Offers life coverage up to 100 years of age, providing enduring peace of mind.
- Return of Premium: With the Life Promise Plus option, policyholders receive a 100% return of premiums paid at the end of the policy term, ensuring that your investment is safeguarded.
- Instant Claim Payout: In the unfortunate event of a claim, an immediate payout of ₹3 lakh is provided upon claim intimation, offering timely financial support.
- Joint Life Coverage: This plan allows you to extend coverage to your spouse under a single policy, ensuring comprehensive family protection.
- Flexible Payout Options: Beneficiaries can choose to receive the death benefit as a lump sum or in installments, catering to varying financial needs.
- Terminal Illness Benefit: Upon diagnosis of a terminal illness, 50% of the base sum assured is paid out immediately, aiding in managing medical expenses.
- Premium Waiver: Future premiums are waived off if the policyholder is diagnosed with a terminal illness, reducing financial burden during challenging times.
Tata AIA Maha Raksha Supreme Select
The Maha Raksha Supreme Select plan offers customizable protection with several notable benefits:
- Return of Premium: Under the Life Secure Plus, Step-Up Secure Plus, and Joint Life Secure Plus options, policyholders receive 100% of total premiums paid as a maturity benefit, ensuring a return on investment.
- Payor Accelerator Benefit: In case of a terminal illness diagnosis, a lump sum equal to 50% of the base sum assured is provided, and all future premiums are waived, offering substantial financial relief.
- Life Stage Option: This feature allows for an increase in coverage during significant life events such as marriage, childbirth, or home loan disbursal, aligning protection with evolving responsibilities.
- Top-Up Benefit: Policyholders can annually increase their life cover by a certain percentage of the base sum assured, accommodating rising financial needs due to inflation or lifestyle changes.
- Education Secure: An additional benefit designed to ensure funds for your children’s education, safeguarding their future aspirations.