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TATA AIA LIFE INSURANCE

Tata AIA Life Insurance Company Limited (Tata AIA Life Insurance) is a partnership between Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life Insurance combines Tata's premier leadership position in India with AIA's footprint as the world's most significant independent listed pan-Asian life insurance firm, spanning 18 Asia Pacific markets. TATA AIA Life Insurance Company Ltd. offers a variety of life insurance products to meet various insurance needs, including protection plans, wealth plans, child plans, savings plans, group plans, and more. The company also spreads awareness about the environment and keeps working on enhancing the work-life balance.

The company's awards and recognition show it is working hard to attain its objectives. So, let us look at some of the honours the Tata AIA Life Insurance firm has received.

  • The Extraordinaire Award was given to Tata AIA Life Insurance at the 5th edition of the Brand Vision Summit in 2019-20.
  • The India Insurance Summit & Awards presented the 'InsureTech Company of the Year award in 2019.
  • In 2019, Aon received the 'Aon Best Employer Award.' This is the company's fourth consecutive prize.
  • UBS Forum Out of Box Compliance Program named them 'Compliance Team of the Year in 2019.

Important Features & Benefits of Tata AIA Life Insurance

Tata is a trusted name in the market. But, when you want to buy life insurance plans in India, you want all the essential details, features & benefits the company offers. So, let us discuss them.

01

Claim Settlement Ratio

The goal of purchasing a life insurance policy is to ensure your loved ones can get financial assistance when needed. This ratio compares the number of claims settled by insurance companies to the number of claims filed by clients. According to the financial report 20-21, Tata AIA has a CSR of 98.02.

02

Solvency Ratio

The ratio provides information about the company's financial situation by calculating its capacity to meet long-term debt and other monetary commitments. According to the IRDAI, all life insurance companies in India must have a solvency ratio of at least 1.5, and the company's solvency ratio is 2.04.

03

Brand name of Tata

Tata Group is one of India's most prestigious business names, with a more than a century-long presence in the country. The group has diverse business interests in India, including steel manufacturing, automobile manufacturing, IT services, financial services, power, and telecom, to name a few.

04

Affordable Insurance Plans

Tata AIA Life Insurance provides consumers with the benefits of a life insurance plan that meets an individual's needs while also fitting within their budget.

05

Reliable Customer Service

Tata AIA Life provides its customers with solid customer service. The educated staff of specialists is always on hand to answer any questions and provide the finest service possible. Their digital services are available 24 hours a day, seven days a week.

Life Insurance Plans Offered by SBI Life Insurance

SBI Life Insurance provides various life insurance plans online. So let's take a look at the classification.

Protection Plans

ULIP Plans

Savings & Investment Plans

Retirement Plans

How to Buy Tata AIA Life Insurance

The process of buying life insurance is simple and straightforward. First, let's look at the Tata AIA online buying process.

Buy from "RenewBuy.com"

  • Visit the official site of "RenewBuy".
  • Tap on the "Life Insurance Plan" tab.
  • Select the Best Life insurance Plan.
  • Fill in all the essential details.
  • Click on "Buy Now".
  • Make the payment.

Buy From the Official Website of Tata AIA Life Insurance

  • Go to the official website of Tata AIA
  • Click on the tab “Life Insurance”
  • Select the best Life insurance plan according to your needs.
  • Enter all the required details.
  • Click on “Buy now”
  • Your life insurance policy will be delivered to the email address once you have paid the payment.

Claim Settlement Process Online

Filing a claim under the Tata AIA Life Insurance Policy is simple. Follow the instructions below to file a claim with Tata AIA Life Insurance Company.

  • Scroll down to the section on online claim notification.
  • Fill out the form with essential information such as policy numbers, policyholders' names, and addresses, among other things.
  • Before submitting the form, remember to upload any necessary documents.
  • After you submit the documents, the company will review and evaluate them. They may request additional documentation (if required).
  • If you are approved, the life insurance company will contact you via phone, email, or letter, and the payment will be deposited into your registered account.

After receiving the claim form and any required paperwork, the company will check the information. Post that, you will receive the acceptance or rejection letter by email or text message.

Few Things to Remember:

  • Carefully read the terms and conditions.
  • Always keep your contact information up to date.
  • Pay your premiums regularly to keep your policy alive.
  • Inform your loved ones about your insurance policy and how to file a claim.
  • Understand the specifics of your insurance to determine what is covered.

Documents Required for the Claim

In Life insurance policies, the following documents are needed to submit a claim:

  • Claim Form
  • Original life insurance policy document
  • NEFT mandate form signed by bank officials and accompanied by a cancelled check or bank account passbook.
  • Death Certificate issued by Local Authority, Original or Attested
  • Proof of the insured’s current residence.
  • Evidence of insured’s photo ID.

Tata AIA Life Insurance Contact Details

If you want to connect with the company, here is important information.

Address : 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai 400013

Email : customercare@tataaia.com

Contact : 1-860-266-9966