Tata AIA Life Insurance Company Limited offers five different traditional rider plans that are designed for the proposer and the life insured of a base policy. These riders provide enhanced protection to the nominees or the policyholders in the case of an unforeseen unfortunate event such as a dismemberment or demise.
Tata AIA Life Insurance Company Limited offers five traditional riders to best suit the varying insurance needs of customers:
|Riders||Entry Age||Maturity Age|
|Tata AIA Life Insurance Accidental Death and Dismemberment (Long Scale) (ADDL) Rider||18 to 60 years||Up to 70 years|
|Tata AIA Life Insurance Waiver of Premium Plus (Linked) Rider||18 to 60 years||Up to 65 years|
|Tata AIA Life Insurance Waiver of Premium (Linked) Rider||18 to 60 years||Up to 65 years|
|Tata AIA Life Insurance Accidental Death and Dismemberment (Long Scale) (ADDL) Linked Rider||18 to 60 years||Up to 70 years|
|Tata AIA Life Insurance Waiver of Premium Plus Rider||18 to 60 years||Up to 65 years|
Tata AIA Life Insurance Company Limited is considered one of the largest independent-listed pan-Asian life insurance group across 18 markets in Asia Pacific. By the end of FY16, the retail Claims Settlement Ratio of Tata AIA Life was 96.8%. From enhanced financial protection to premium waivers, Tata AIA Traditional Riders offer the proposer, life insured, and the nominee much needed financial assistance in the event of a disability or demise.
In addition to enhanced protection, these riders also offer tax benefits on premiums paid as per the Income Tax Act, 1961.
This insurance company/organisation is not a partner of Bankbazaarinsurance.com. The content provided here is for informational purposes only. Readers should visit the branch office/website of the insurer for more details. The logos, trademarks, and other intellectual property on display belong to their respective owners.
*The customer reviews/feedback/opinions expressed on this website are solely of their authors and do not reflect, in any way, the view of BankBazaar Insurance.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.