Facing life’s challenges with the right type of life insurance plan is important so that you can be prepared to secure two of the most crucial aspects for your loved ones –health and financial future.
Benefits of InstaProtect Solution
This smart solution offers the following benefits:
*Payout accelerator benefit provides Inbuilt terminal Illness at 50% of base plan sum assured.
Criticare Plus Benefit
Under Criticare Plus Benefit, you will be entitled for lumpsum payout# on first diagnosis of any of the specified 40 critical illnesses or undergoing any covered procedures. Hence, this benefit provides comprehensive coverage against multiple illnesses, including cancer and cardiac.
Hospicare Benefit
If you are hospitalised in case of a medical emergency, the Hospicare Benefit option will pay out# a per day hospitalisation benefit of 0.5% of the sum assured. And if you are admitted to the Intensive Care Unit (ICU), additional 0.5% of sum assured will be paid out.
Accidental Total and Permanent Disability Benefit
With this benefit, in case of an unfortunate event of as total and permanent disability due to an accident, a lumpsum will be paid# which can help you cover the treatment expenses, expenses to modify your home/vehicle, loss of income etc. The payout is doubled# if the accident occurs under specified circumstances like public transport etc.
Accidental Death Benefit
The Accidental Death Benefit pays out an additional lumpsum to your family in case of Death due to accident. The payout is doubled# if the accident occurs under specified circumstances like public transport etc
Life Cover
Secure your family’s financial future in case of your untimely demise with a term life cover. The life cover will take care of your family’s financial well-being and offer much-needed support in your absence.
Option to choose Return of Premiums
Get return of premiums## for respective coverage on maturity if the plan/benefit option is active (in force) till the end of the policy term.
Comprehensive coverage
The Tata AIA Life Insurance InstaProtect provides comprehensive health and life cover protection to you and your loved ones, with flexible packages to choose from.
Express Issuance
Get your policy issued instantly with a quicker and hassle-free process
Affordable premiums
Each of the plan options come with flexible premium payment terms and affordable premiums for comprehensive coverage and benefits.
Simplified Process
Enjoy easy and smooth onboarding, renewal and claim settlement processes with seamless online modes of transactions.
Flexible to choose Policy Term and Premium Payment Term
You can choose the policy term and premium payment term as per your convenience.
Avail Tax Benefits** as per applicable tax laws
You can avail of tax benefits as per applicable income tax laws.