search icon
linner
back-arrow View All Plans

TATA AIA Sampoorna Raksha Supreme vs Bajaj Allianz Life eTouch

OVERALL RATING
How we score
beshak-icon star
3.6
beshak-icon star
3.8
01 Claims Experience
5
4.4
% of claims settled in less than 30 days
Reflects on the speed of settling valid claims
99.80%
99.91%
% of Complaints received on overall claims
% customers unhappy with claims experience
0.04%
0.08%
How complex is the Claim Form?
The longer, the more hassles during claims
Moderately long
Short
+ Show 8 more
02 Customer Service
4.48
5
Response time on Toll-Free BETA
How long does it take for the caller to connect with an customer service agent over toll-free?
Quick
Quick
Response time on Twitter BETA
How quickly does a user get a response on complaint Tweets?
Slow
Slow
% of Complaints received for after-sales service
% customers unhappy with after-sales service
0.54%
0.51%
03 product benefits
1.6
2.8
Increasing Cover
Cover starts increasing from
cross red
cross red
How much can the cover increase every year?
cross red
cross red
Cover can increase up to
cross red
cross red
Claim Payout Customization
Options for claim payout
Options available to customize claim payment to your nominee
One time, Instalment, One time + Instalment options
One time, One time + installment options
Premium Payment Customizations
Payment modes available to pay the premium
Frequency in which you can pay premium - monthly, yearly installments?
Monthly, Quarterly, Half Yearly, Yearly
Monthly, Quarterly, Half Yearly, Yearly
Options to pay off premiums before maturity age
Types of Limited pay options available
5, 6, 7, 8, 10 Pay
5, 6, 10, 12, 15, 20, Pay till 60 Years
+ Show 5 more
Notes

1- Beshak Ratings data was last updated in September 2023.

2- All data was sourced from public disclosures (FY 2023-2024, Q1 and FY 2022-23, Q4), insurer websites, and the IRDAI website. Except Claim Amount Settlement Ratio, for which the data was taken from the IRDAI Annual Report 2021-22.

3- Only features that are currently available for purchase online were considered when calculating the Beshak Ratings.

4- In the Premium Ratings, we do not display premium amounts - instead, we show the product's relative pricing compared to the median.

5- Premium for all plans is calculated for the following profile: 30-year-old, non-smoker, married male, for a sum assured of INR 1 Crore, up to the age of 65 years, paying annual premiums, till the end of the policy. Except for these plans:

  ・Bajaj Allianz Life Diabetic Term Plan Sub 8 HbA1c - Premium is calculated for a 30-year-old, non-smoker, married male, having Type 2 diabetes, with HbA1c level between 6.5 to 7, for a sum assured of INR 1 Crore, up to the age of 55 years, paying annual premiums for 25 years. 

  ・IndiaFirstLife Guaranteed Protection Plus Plan - Premium is calculated for a 30-year-old, non-smoker, married male, for a sum assured of INR 1 Crore, up to the age of 75 years, paying annual premiums for 40 years. 

  ・TATA AIA Maha Raksha Supreme - Premium is calculated for a 30-year-old, non-smoker, married male, for a sum assured of INR 2 Crore, up to the age of 65 years, paying annual premiums, till the end of the policy. 

6- The overall ratings do not include the premium rating. This is because we believe that the affordability of premiums is a personal thing. Something that seems unaffordable or expensive to one person could seem cheap and affordable to another, regardless of their income. We leave it up to our users to decide whether the price they pay seems reasonable for the features they receive.

7- The Response time on Twitter (Beta) was calculated using a sample set of tweets from February to August 2023 - (Analyzed in September 2023).

8- Claims Experience was assessed based on an audit of various processes and facilities offered by the insurers, during claim settlement.

Legal Disclaimer

Your use of the website shall be governed by the Terms and Conditions and Privacy Policy of our website.

Compare TATA AIA Sampoorna Raksha Supreme and Bajaj Allianz Life eTouch

Claims Track Record:

TATA AIA Sampoorna Raksha Supreme

TATA AIA Life Insurance Company has settled 99.80% of claims in under 30 days, with a fewer number of claim complaints. TATA AIA Life Insurance Company boasts of a claim settlement ratio of 99.01% and a claim amount settlement ratio of 94.65%. The insurance company offers online tracking of claims and a home pick-up claim service. However, it does not offer the benefit of a personal manager for customers or a dedicated toll-free for claims service. It comes with a moderately lengthy claim form.

Bajaj Allianz Life eTouch

The Bajaj Allianz Life Insurance Company has settled 99.91% of their claims within 30 days with a fewer number of customer complaints. Their claim settlement ratio is 99.04% and their claim amount settlement ratio is 93.45%. There is also an online claim tracking system and a dedicated toll-free number for providing customers with a high-quality and efficient claims service. And, they also have a short claim form. On the other hand, the company does not provide a personal relationship manager for claims or home pick-up of claims.

Service Experience:

TATA AIA Sampoorna Raksha Supreme

TATA AIA Life Insurance Company offers customer services via toll-free and Twitter. Our research indicates that their toll-free service is quick, but their Twitter response rate is slow, compared to other insurers. This suggests that you and your family will likely receive better assistance from their service team throughout your journey via their toll-free service.

Bajaj Allianz Life eTouch

You can connect with Bajaj Allianz Life Insurance Company via their toll-free number or Twitter for any assistance. As per our research, the response time on toll-free is quick and twitter is slow, compared to other insurers. This means that you and your loved ones can get timely assistance over the toll-free number.

Product Benefits:

TATA AIA Sampoorna Raksha Supreme

The TATA AIA Sampoorna Raksha Supreme Smart Term Insurance Plan offers affordable pricing and several customization options, but it does not include the option to increase the cover amount. The TATA AIA Sampoorna Raksha Supreme Smart Term Insurance Plan provides life cover up to age 100 with several Limited Pay options like 5, 6, 7, 8, and 10 years. You can pay the premiums monthly, quarterly, half yearly, or yearly. The claim payout options under the plan are one time lump sum, monthly instalments, and one time lump sum + monthly instalments.

Bajaj Allianz Life eTouch

Bajaj Allianz Life eTouch offers many customization options to suit your specific needs and lifestyle. It offers a cover up to the age of 99  - making it a great choice for long-term financial security. It offers various limited payment options, ranging from 5, 6, 10, 12, 15, 20, pay till 60 years. The premium for Bajaj Allianz Life eTouch can be paid monthly, quarterly, half-yearly, or annually. The plan offers a one-time lump-sum and lump-sum + instalments claim payout options. And, it does not offer an increasing cover feature. Bajaj Allianz Life eTouch offers Waiver Of Premium Rider for Accidental Disability and Accidental Death Benefit Rider. With this additional rider, you can extend the coverage of your policy, ensuring an extra layer of protection.

flight
Subscribe to Beshak for reviews, articles and great info on term insurance products