Helping your employees save for their future is a good way to boost employee morale. Keeping employer-employee responsibilities in mind, Tata AIA Life Insurance Company Limited offers 3 excellent group insurance plans that offer financial protection, life cover, and tax benefits to the group members. From annuity plans to insurance coverage for loans, these non-participating group insurance plans are beneficial for those who want to be prepared for unforeseen unfortunate events.
Under Tata AIA Group Insurance Plans, you can get the following benefits:
The following are the group insurance plans offered by TATA AIA Life Insurance Company Limited:
|Plan Name||Entry Age||Maturity Age||Premium|
|Tata AIA Life Insurance Group Total Suraksha||Minimum 14 years to maximum 65 years old||Up to 75 years of age||Single premium is calculated based on the entry age of the member, chosen Sum Assured, policy term, and type of coverage|
|Tata AIA Life Insurance Group Term Life||Minimum 14 years to maximum 84 years old||Up to 85 years of age||-|
|Tata AIA Life Insurance Immediate Annuity||Minimum 21 years to maximum 80 years old||-||Single Premium|
The retail Claims Settlement Ratio of Tata AIA Life was 96.8% at the end of FY16. Tata AIA Group Insurance Plans offer financial protection, insurance cover, and tax benefits for the insured member and his or her family. Other benefits of purchasing a group plan from Tata AIA Life includes:
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