Overview of Sampoorna Raksha Promise
Tata AIA Sampoorna Raksha Promise is a comprehensive term insurance plan designed to provide robust financial protection with flexibility and enhanced benefits. Offering coverage from ₹50 lakhs with no upper limit, it caters to a wide range of customer needs, including whole life coverage up to age 100. The plan also features multiple death benefit options, inbuilt terminal illness cover with waiver of premium, and flexible payout modes including lump sum and staggered payments.
Experts' Review of Sampoorna Raksha Promise
Written by Monish Vora
Chief Editor
Tata AIA Sampoorna Raksha Promise is a well-designed term insurance plan offering comprehensive protection with notable flexibility. It currently offers two variants: Life Promise (pure term cover) and Life Promise Plus (with Return of Premium). The Joint Life option is not live yet.
The plan includes inbuilt terminal illness cover that accelerates 50% of the sum assured upon diagnosis and waives future premiums, easing financial stress during critical illness. Nominees can choose flexible payout options: lump sum, staggered payments, or a combination, tailored to their needs.
The Life Stage Benefit allows increasing coverage on milestones like marriage, home loan, or childbirth, while the FlexiPay feature lets policyholders defer premiums for up to 12 months without losing coverage. The plan offers a robust rider suite including critical illness, accidental death, and waiver of premium riders.
With a claim settlement ratio over 99% and express claim payout of ₹3 lakh within a day, it scores high on reliability. However, premiums are relatively higher, and some riders aren’t available with all variants. The staggered payout option involves discounting, which can reduce effective payout if commuted early.
Pros
It is a feature-rich plan with a critical illness and waiver of premium rider
TATA AIA has decent track record with good claim and service metrics
The plan is a great pick if you are looking for something affordable.
Cons
The criticare benefit has to be renewed every five years.
TATA AIA
Key Insights
Founded
2001
TATA AIA was established 25 years ago and has built strong credibility over time, backed by its long-standing presence in the market.
Claims Experience
99.21% CSR, calculated as a 3-year average
TATA AIA settles 99.21% of all claims it receives demonstrating strong credibility.
Complaints
3 complaints per 10,000 claims registered
TATA AIA maintains a low volume of complaints, reflecting strong customer satisfaction and effective service.
Amount Settled
96.3% of total claim amount settled
TATA AIA demonstrates excellent claim payout efficiency, settling over 96.3% of the total claim amount filed, reflecting strong financial reliability.
The aforementioned ratios have been averaged over three years (FY23-FY25)
Features of Sampoorna Raksha Promise
Hospicare benefit
Standout
In case of hospitalization, medically necessary treatment of any illness or injury, the insurer would pay upto a certain amount to the policyholder.
Critical Illness
If you're ever diagnosed with a critical illness, you would want your insurance policy to pay a fixed sum that can help you deal with any monetary obligations and financially support your needs during treatment. Sampoorna Raksha Promise extends critical illness benefit without too many restrictions and pays up to ₹1 Crore so long as you are diagnosed with one of the 40 illnesses listed in the policy brochure.
Customisable
Pays a lump sum on diagnosis of covered critical illnesses during the policy term.
Terminal Illness
Certain policies will disburse the entire cover amount the moment you are diagnosed with a terminal illness. So you can still get the money when alive and use it any way you wish. Sampoorna Raksha Promise gives you the option to receive the entire or a percentage of sum assured upon diagnosis of a terminal illness.
Accidental Death Benefit
Some policies offer you the option of adding extra protection for accidental deaths. And while we recommend customers choose a comprehensive cover without worrying about the specifics of death, Sampoorna Raksha Promise offers accidental death benefit nonetheless.
Customisable
In case of death due to an accident, a lump sum payout is given on top of the base cover.
Payout on Disability
Some policies offer you a monthly income or a large lump sum in the event you are permanently disabled. Sampoorna Raksha Promise extends this option.
Customisable
Pays a benefit if the insured suffers total and permanent disability due to an accident, offering financial support during loss of income.
Add-ons of Sampoorna Raksha Promise
CritiCare Plus benefit
Pays a lump sum on diagnosis of covered critical illnesses during the policy term.
Hospicare Benefit
In case of hospitalization, medically necessary treatment of any illness or injury, the insurer would pay upto a certain amount to the policyholder.
Accidental total and permanent disability rider
Pays a benefit if the insured suffers total and permanent disability due to an accident, offering financial support during loss of income.
WOP on Criticare and ATPD
Waives all future premiums if a critical illness is diagnosed or in case of accidental total permanent disability, while keeping the policy active.
Super Retirement Benefit
Offers a maturity-style benefit where premiums paid can be returned at the end of the policy term. This is a paid add on and available only under the Life Promise variant.
Accidental Death Rider
In case of death due to an accident, a lump sum payout is given on top of the base cover.
Waiver of Premium
Some policies waive all future premium payments if you are ever disabled (due to accident) or diagnosed with a critical illness. Sampoorna Raksha Promise extends the waiver-of-premium option in both cases.
Exclusions in Sampoorna Raksha Promise
Conditions or treatments that the policy clearly says it will not cover.
Suicides are not covered in the first year.
Death due to intoxication.
If the nominee is involved in the death of the policyholder, that would not be covered.
The policyholder dies with respect to his involvement in criminal activity.
Death by suicide within the first policy year is not covered.
Disclaimer: For illustration purposes only - exact terms are in the policy wording.
Variants of Sampoorna Raksha Promise
Life Promise
Offers a fixed death benefit payable upon the insured’s death within the policy term.
Life Promise Plus
Recommended
Provides a guaranteed death benefit during the policy term. If the life assured survives till the end of the term, all premiums paid are returned (excluding extra charges and discounts).
What's missing in Sampoorna Raksha Promise
No Zero Cost Option
No option to increase your cover with inflation
No option to decrease your cover over time
No Special Exit Value
Reviews for Sampoorna Raksha Promise
K
Kabir Patel
Took Sampoorna Raksha Promise terminal illness cover adds real peace of mind and premium break exit feature is helpful Feels reliable ok simple
S
Shilpa J. Reddy
Took Sampoorna Raksha Promise terminal illness cover adds real peace of mind and rider options are solid for CI and disability Worth it ok helps
N
Naman Tiwari
Signed up for Sampoorna Raksha Promise rider options are solid for CI and disability and terminal illness cover adds peace of mind Good value
B
Bhuvan U. Prasad
Opted for this plan premium break exit feature is genuinely helpful but coverage age limit feels slightly low Overall okay For me For me till
S
Sonali Pandey
Went with Sampoorna Raksha Promise premium break exit feature is helpful and rider options are solid for CI and disability Satisfied so far so
Frequently Asked Questions
What is the TATA AIA Sampoorna Raksha Promise Plan?
What are the benefits of TATA AIA Sampoorna Raksha Promise Plan?
What are the various riders customers can opt for with TATA AIA Sampoorna Raksha Promise Plan?
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