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To determine the fund value of TATA AIA life insurance, you'll need to follow the below steps.
Tata AIA Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
To check the surrender value of a TATA AIA life insurance policy, you can follow the below steps:
The claim settlement ratio of TATA AIA Life Insurance is 98.02%. This means that the company settled 98.02% of the claims received during the year. A high claim settlement ratio is an important parameter to consider while buying a life insurance plan, as it indicates the insurer's ability to honour claims.
The premium price of TATA AIA life insurance can vary based on several factors such as the type of policy, coverage amount, age, health condition, lifestyle, and other individual factors. To get the price of a TATA AIA life insurance policy, use the online premium calculator tool at insures website or the PolicyBachat website. In this comparison tool, all you need to do is provide personalized information based on your specific needs and circumstances. By comparing quotes online you can easily get the life insurance price right now.
The surrender value of the TATA AIA Life insurance policy is the amount that the policyholder is entitled to receive from the TATA AIA Life Insurance Company if they choose to surrender or terminate their policy before its maturity or before the insured event (such as the death of the insured) occurs. The surrender value calculation is subject to certain rules and regulations set by the IRDAI and it varies based on the type of life insurance policy and its terms and conditions.
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