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UIN: 110N106V01

Tata AIA Life Insurance iRaksha TROP – An online term insurance plan with return of premium

One of our key priorities is to ensure that our loved ones are never wanting in terms of financial resources to live the life of their dreams. We want to protect their standard of living as well as ensure that any unfortunate event does not place on their shoulders the burden of our debts & loans.

Presenting the Tata AIA Life Insurance iRaksha TROP (an online term insurance plan with return of premium), a plan that is the ideal solution to provide a strong 'foundation' to protect the income of our loved ones. Tata AIA Life Insurance iRaksha TROP is a non- linked non – participating online term plan which not only will ensure peace of mind due to financial protection provided to your family during the term of the policy but also return the Total Premiums Paid1 at the end of the policy term.

All this at your convenience of location and time, all the advantages of a hassle free 'online' purchase financial protection is just a click away.

1Total Premiums Paid means amount equal to the total premiums paid during the premium paying term of the policy. Such amount should be excluding interest, tax, underwriting extra premium and loading for modal premiums, if any.



  • One plan- two benefits
    • Protection - life insurance coverage against unfortunate demise
    • Return of Premium – in case of survival till maturity, returns Total Premiums Paid1
  • Choice of premium payment to suit your convenience
    • Regular Pay – pay premium till end of chosen policy term
    • Limited Pay – pay premium for a limited period of 5 or 10 years and stay covered for a longer period
    • Single Pay – pay premium once for coverage over the entire policy term chosen
  • Benefit from a healthier lifestyle through preferential Premium Rates for Non-Smokers.
  • Female customers can avail the benefit of lower rates
  • Discount on rates for customers opting for higher level of protection
  • Tax benefits u/s 80C & 10(10D) of the Income-Tax Act, 1961
  • 1Total Premiums Paid means amount equal to the total premiums paid during the premium paying term of the policy. Such amount should be excluding interest, tax, underwriting extra premium and loading for modal premiums, if any.


Entry Age (last birthday) 18 - 65 Years
Maturity Age (last birthday) Max: 75 Years
Sum Assured Min: Rs.50,00,000
Max: No Limit Subject to Underwriting (Sum Assured to be in
multiples of Rs.1,00,000)
Policy Term and
Premium Paying Term
Policy Term (in years) Premium Paying Term
10 to 30 Regular Pay
Single Pay
Limited Pay 5 years
15 to 30 Limited Pay 10 years
Premium payment Modes
in Regular / Limited
Annual / Semi Annual
For Semi Annual mode, Annual premium is
multiplied by a loading factor of 0.51


  • Insurance is the subject matter of the solicitation.
  • This product is underwritten by Tata AIA Life Insurance Company Limited.
  • For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
  • Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Tata AIA Life Insurance Company Ltd does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefit available to you.
  • Service tax is applicable as per governing laws and the same shall be borne by the policyholder. Tata AIA Life Insurance Company Limited reserves the right to recover from the Policyholder, any levies and duties (including service tax), as imposed by the government from time to time. Kindly refer to the Sales Illustration for the exact premium.
  • Insurance cover is available under this product.

Tata AIA Life Insurance Company Ltd. (IRDA of India Regn. No. 110). Registered & Corporate Office Address: 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai 400013.

INDUSIND Bank Limited (1749817) is the Corporate Agent of Tata AIA Life Insurance Company Limited and does not underwrite the risk or act as an insurer. INDUSIND Bank Limited, 2401, Gen. Thimmayya Rd., (Cantonment), Pune - 411001. Participation by the Bank’s clients in the insurance products is purely on a voluntary basis. The contract of insurance is between Tata AIA Life and the insured and not between the bank and the insured.

Beware of Spurious Phone calls and Fictitious/Fraudulent offers:
IRDA of India clarifies to public that

  • IRDA of India or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDA of India does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.
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  • Daily balance upto Rs.10 Lakhs 4 %
  • Daily balance above Rs.10 Lakhs and upto Rs.1 Crore 5 %
  • Daily balance above Rs.1 Crore and upto Rs 10 Cr 5.5 %
  • Daily balance above Rs.10 Crore 6 %

  • 1 year to 1 year 2 months 7 %
  • Indus Tax Saver Scheme - 5 years (upto Rs 1.5 lacs) 6.5 %
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