Tata AIA Life Insurance: All You Need to Know

The Tata AIA Life Insurance Company (Tata AIA Life) is a joint venture company, formed by Tata Sons and AIA Group (AIA). Tata AIA Life combines Tata’s pre-eminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world, spanning 18 markets in Asia Pacific. The Tata AIA Life started operations on April 1, 2001

Being a product of one of India’s oldest and biggest business houses, The Tata Group, The Tata AIA is aware of the needs and necessities of its customers. In tune with it, The Tata AIG Life Insurance has introduced a variety of products, specially designed to meet a diverse range of insurance and financial goals. Let’s take a look at the Tata AIA Life Insurance offer.

 

For the convenience of the policyholder, the Tata AIA Life Insurance provides the steps for Tata AIG Life Insurance Login. The Tata Aig Life Insurance Login is important for the Policy holder to pay the premium amount online and for the Claim Settlement.

  • The Insured must visit the official website of Tata AIA Life Insurance
  • The website to visit is, https://webpos.tataaiginsurance.in/cpanel/login.jsp
  • This will lead you to the ‘Customer Portal’ page
  • Existing users can login by entering their e-mail id and password
  • New users can select the option new user register below at the bottom of the window and  register.

 

 

 

Customers can check their Tata AIA Life Insurance Status through these simple steps;

  • Visit the official Tata AIA Life Insurance web-link for application tracking
  • The web link is, tataaia.com/track-your-application.htm
  • This will lead you to the ‘Track Application’ page
  • Enter the basic policy details as requested like policy number and date of birth
  • Click on the option ‘verify details’ and proceed ahead to know your Tata AIA Life policy status.

 

The Tata AIA Life Insurance always puts customers first. With this focus, the company has established a dedicated system of providing customer support to all their policyholders. Tata AIA Life Insurance offers customer support service via their toll free helpline number, 1-860-266-9966

The Tata AIA Life Insurance Policy holders need not worry about missing a premium payment as they can make premium payments online.

To pay the Tata AIA Life Insurance payments online, follow these simple steps;

  • Visit the following Tata AIA website link for online payments,
  • tataaia.com/customer-service/premium-payment.htm
  • The insured will be directed to the Customer service page with a sub heading Online Payment.
  • Choose the pay online option
  • Follow the instructions ahead to pay your Tata AIA Life Insurance premium online.

 

The Tata AIA Life Insurance Policy Holders can check the amount they would have to pay towards premium payments for a particular policy through the Tata AIA Life Insurance Online premium calculator. The premium calculator, available on the company’s website, www.tataaia.com will compute the premium amount for any of the company’s existing plans based on certain information the individual provides such as age, gender, policy number, policy tenure, occupation, cover type etc.

To be eligible for the Tata AIA Life Insurance policy, the applicant should be,

  • Minimum 18 years of age
  • Maximum 70 years of age
  • Must be either a salaried or a self-employed professional
  • Having an own business.

The applicant should support his Tata AIA Life application with the following supportive documentations.

  • Identity Proof
  • Age Proof
  • Income Proof
  • Address Proof
  • Pan Number

 

Why Choose Tata AIA Life Insurance

Tata AIA Life Insurance Plans cover all eventualities for an individual with comprehensive plans through their wide range of products and services.

The riders and additional benefits provided ensure complete protection for everyone from children to individuals in the prime of their lives.

Tata AIA Life Insurance plans are customer-friendly and ensure that the policy holder receives maximum benefits. Tata AIA Life Insurance carries forward the rich Tata House Legacy with world class and user friendly service.

 

Tata AIA Life Insurance FAQ’s:

Q Why is insurance a better option than other savings plan?

Any Life insurance pays sum assured and bonus even if the policy holder dies before the end of the premium payment term. It offers greater security than other savings plan.

Q. What are the different life insurance policies offered by Tata AIA Life Insurance?

A. You get policies under protection plans, wealth solutions, savings solutions, child solutions, rider, group insurance and micro-insurance. Visit Tata AIG website, tataaia.com to know more about the policies under each plans.

Q. What are the different modes of payment offered by Tata AIA?

A. Most policies allow you to pay premium through annual, semi-annual, quarterly and monthly modes.

Q. What is the premium payment option offered to make the payments?

A. You can make the premium payments through cheque, cash, ECS or online payment.

Q. What happens if I don’t pay my premium?

A. You will get a 30 days grace period from the date of the missed premium payment date. If you missed making the payment within the grace period, then you will have 2 years from the date of lapse to revive your life insurance policy.

Q. Can I cancel my policy if I’m unhappy with the plan?

A. Yes, you have the choice to cancel the policy during the free look period which generally is 15 days from taking the policy. The amount paid will be fully refunded after deducting some nominal charges.

Q. When is the right time for me to buy a life insurance?

A. It is advisable for you to buy a life insurance plan when you are young and healthy. This makes the rate of purchasing the policy lower when compared to buying it at an older age.

 

Q. What are the factors that I must consider while taking a life insurance policy?

You must read the benefits that is being offered to you. Check the term and premium and be clear about your requirements. Look for a policy that has proper coverage. It is best to consult with your financial advisor before finalizing on the policy.

Q. How do I change the nomination details in my Tata AIA insurance policy?

A. To change the nomination in a Tata AIA insurance policy, the policyholder has to give notice in writing in the prescribed form to the insurer.

Q. How do I cancel my Tata AIA insurance policy?

A. You can cancel your insurance policy by communicating the same to the company. If cancelled within the 15 day free look period, you will not be charged and your premium amount will be refunded.