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Insurance

Life can be unpredictable. One mishap can crumble our world.  

Insurance can help you and your family tide over times of crisis. But, only if it was affordable! Tata Card brings safety of insurance, exclusively for you, at lower prices. Group Insurance schemes for Tata Card holders come to you at a much lower price as compared to individual personal insurance. 
The product is designed exclusively for Tata Card through Tata AIG Life Insurance Company Limited. It provides protection against Death and Total and Permanent Disability So, go ahead and cover your family with safety of insurance at unmatched value.

 

Simple Enrolment .No medical checkup, no extra documents
Hassle free and quick turnarounds on Claim Settlement
Worldwide coverage from Day 1
Optional product with a 15 day freelook period
Tax exemption for premium paid under Income Tax Act, Section 80 C 

The Twin Benefit Insurance Plan from Tata AIG Life Insurance Company Limited is designed to offer comprehensive insurance cover to the Tata Card Holders. It combines the benefit of two group insurance plans i.e. Tata AIG Life Group Term Life Plan and Tata AIG Life Group Credit Card Term Insurance Protection Plan with In-Built TPD (Total & Permanent Disability). 

The plan offers to cover the outstanding balance on the Tata Card up to Rs. 1 Lac and additionally a Life Insurance cover of Rs. 1 Lac to the Tata Card Holder. This insurance cover is offered under two Group Policies issued to SBI Cards and Payment Services Private Limited (SBICPSPL) by Tata AIG Life Insurance Company Limited (Tata AIG Life)

Example of Freelook:
For Example, if the certificate of insurance is delivered on 10th of a month, the freelook period would be upto 25th of the same month.

 

                                          Product Highlights & Key features

TATA AIG Life Group Term Life Plan

TATA AIG Life Group Credit Card Term Insurance Protection Plan with in built TPD

Life Insurance Cover for Rs. 1 Lac per life Covers Death due to National Cause or
sickness or Accident 

Covers the oustanding balance (expenses) on the Tata Card

In- Built Terminal Illness Cover

Maximum cover Rs. 1 lac per Life Cover Death or Total or Permanent Disability
due to natural causes or sickness or Accident 

Insurance Benefit Paid to Nominee

Insurance Benefit paid to offset the outstanding on tata Card and
Remaining balance is paid to nominee

 

 

 

 

 

 

 

 

 

 

Contact Us

We have a dedicated TATA Card helpline number to cater to your needs
From All Phones    : 6000 8000 (Prefix STD code of your city while calling from mobile)
From BSNL/MTNL : 1800 180 8282


 

 



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State Bank of India,Local Head Office 11 Parliament Street, New Delhi 110001