🛡️ Tata AIA Sampoorna Raksha Promise – Explained Simply (With Examples)
Tata AIA Sampoorna Raksha Promise is a smart term life insurance plan that gives you financial protection with flexible options — including getting your money back if you survive the term. It comes in two variants: Life Promise and Life Promise Plus.
✅ Option 1: Life Promise – Pure Term Insurance
This is a basic life cover plan. You pay a yearly premium, and if something happens to you during the policy term, your family gets a fixed lump sum (sum assured). If you survive, you get nothing back.
- Age: 30 years
- Policy Term: 40 years
- Annual Premium: ₹15,000
- Sum Assured: ₹1 Crore
If death occurs at age 50: ✅ Family gets ₹1 Crore (₹3L instantly + ₹97L after processing)
If you survive till age 70: ❌ No return, but you’re protected for 40 years
✅ Option 2: Life Promise Plus – Term Plan with Return of Premium
In this version, you get all the protection of Option 1 — plus, if you survive the entire policy term, you get all your premiums back.
- Age: 30 years
- Policy Term: 40 years
- Annual Premium: ₹25,000
- Sum Assured: ₹1 Crore
If death occurs at age 50: ✅ Family gets ₹1 Crore
If you survive till age 70: ✅ You get back ₹10,00,000 (₹25,000 × 40 years)
🟨 Life Promise vs Life Promise Plus – Key Differences
| Feature | Life Promise | Life Promise Plus |
|---|---|---|
| Death Benefit | ✅ Yes | ✅ Yes |
| Money Back on Survival | ❌ No | ✅ Yes (All Premiums) |
| Premium Cost | 💰 Lower | 💰 Higher |
| Terminal Illness Benefit | ✅ 50% payout | ✅ 50% payout |
| Instant Death Support | ✅ ₹3L instantly | ✅ ₹3L instantly |
| Premium Pause Option | ✅ Yes (once every 5 yrs) | ✅ Yes (once every 5 yrs) |
| Increase Cover Option | ✅ Yes (marriage/loan/child) | ✅ Yes (marriage/loan/child) |
✅ Optional Rider Benefits
You can enhance your policy by adding any of these riders:
- Accidental Death Benefit Rider: Extra payout if death is due to an accident.
- Accidental Total and Permanent Disability Rider: Provides support in case of permanent disability.
- Critical Illness Rider: Lump sum if diagnosed with a serious illness like cancer or heart attack.
- Waiver of Premium Rider: Future premiums waived on critical illness or disability.
✅ Key Features of Sampoorna Raksha Promise
- ☑️ Life cover up to age 100
- ☑️ Return of premium with Life Promise Plus
- ☑️ Terminal illness payout (50%)
- ☑️ ₹3L fast payout on death claim filing
- ☑️ Premium break: pause for 1 year every 5 years
- ☑️ Increase life cover after marriage, child, or home loan
- ☑️ Tax benefits under Section 80C & 10(10D)
Focus keyword: tata aia sampoorna raksha promise explained
