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What makes
Lokmanya one of
India’s favourite places
to buy insurance?

Over 9 million

customers trust us & have bought their insurance on Policybazaar

50+ insurers

partnered with us so that you can compare easily & transparently

Great Price

for all kinds of insurance plans available

Claims

support built in with every policy for help, when you need it the most

Benefits of Life Insurance

~

Security

Long Term Life Security

Premium

Flexibility to choose premium paying 

Tax Benefit

Tax benefits under Section 80C

Insurance Cover

Boost your cover with Insurance

Our Insurance Solutions

The effective way to secure your family’s future

HDFC Life Insurance

  • Get back your premiums at zero cost via Smart Exit Benefit Option1
  • Buy Online and get 7% discount3
  • Death Benefit paid in advance on diagnosis of Terminal illness

LIC Life Insurance

  • Get back your premiums at zero cost via Smart Exit Benefit Option1
  • Buy Online and get 7% discount3
  • Death Benefit paid in advance on diagnosis of Terminal illness

ICICI Life Insurance

  • Get back your premiums at zero cost via Smart Exit Benefit Option1
  • Buy Online and get 7% discount3
  • Death Benefit paid in advance on diagnosis of Terminal illness

When you buy insurance from us, you get more than just financial safety. You also get: our promise of simplifying complex insurance terms and conditions, quick stress-free claims, instant quotes from top insurers and being present for you in the toughest of times.

Best Prices

Guaranteed

Unbiased Advice

Keeping customers first

100% Reliable

Regulated by IRDAI

Claims Support

Made stress-free

Happy to Help

Every day of the week

Frequently Asked Questions

What are the payout options under this plan?

The death benefit under Tata AIA Sampoorna Raksha Supreme Plan is available under 3 options:

  • Lump sum – a one-time payment of the entire base/effective sum assured
  • Staggered Benefit: income stream, as stipulated by the policyholder, payable to the nominee for a fixed period and frequency
  • Combination of lump sum and staggered benefit
What happens to the policy after a terminal illness claim is settled?

The death benefit under Tata AIA Sampoorna Raksha Supreme Plan is available under 3 options:

  • Lump sum – a one-time payment of the entire base/effective sum assured
  • Staggered Benefit: income stream, as stipulated by the policyholder, payable to the nominee for a fixed period and frequency
  • Combination of lump sum and staggered benefit
What happens to the policy after a terminal illness claim is settled?

The death benefit under Tata AIA Sampoorna Raksha Supreme Plan is available under 3 options:

  • Lump sum – a one-time payment of the entire base/effective sum assured
  • Staggered Benefit: income stream, as stipulated by the policyholder, payable to the nominee for a fixed period and frequency
  • Combination of lump sum and staggered benefit
What happens to the policy after a terminal illness claim is settled?

The death benefit under Tata AIA Sampoorna Raksha Supreme Plan is available under 3 options:

  • Lump sum – a one-time payment of the entire base/effective sum assured
  • Staggered Benefit: income stream, as stipulated by the policyholder, payable to the nominee for a fixed period and frequency
  • Combination of lump sum and staggered benefit

What is Insurance?

Insurance is a legal agreement between two parties i.e. the insurance company (insurer) and the individual (insured). In this, the insurance company promises to make good the losses of the insured on happening of the insured contingency. The contingency is the event which causes a loss. It can be the death of the policyholder or damage/destruction of the property. It’s called a contingency because there’s an uncertainty regarding happening of the event. The insured pays a premium in return for the promise made by the insurer.

How does insurance work?

The insurer and the insured get a legal contract for the insurance, which is called the insurance policy. The insurance policy has details about the conditions and circumstances under which the insurance company will pay out the insurance amount to either the insured person or the nominees. Insurance is a way of protecting yourself and your family from a financial loss. Generally, the premium for a big insurance cover is much lesser in terms of money paid. The insurance company takes this risk of providing a high cover for a small premium because very few insured people actually end up claiming the insurance. This is why you get insurance for a big amount at a low price. Any individual or company can seek insurance from an insurance company, but the decision to provide insurance is at the discretion of the insurance company. The insurance company will evaluate the claim application to make a decision. Generally, insurance companies refuse to provide insurance to high-risk applicants.

Have a question?
Here to help.

Our friendly customer support team is your extended family. Speak your heart out. They listen with undivided attention to resolve your concerns. Give us a call, request a callback or drop us an email, we’re here to help.

General Enquires

xxx@lokmanyasociety.org

Customr Call Enquires

1800 212 4050

Disclaimer

*We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24×7 Claims Support Helpline can be reached out at 1800-258-5881. Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. As per the Insurance guidelines, you are allowed to cancel the policy with-in 15 days from the date of Issuance of policy. For more details, please read the Plan Brochure carefully or talk to our advisor at the time of purchase.s the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseasesective cost calculation are indicative values and may change as per the selected plan.

*Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

*Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

Policybazaar is registered as a Composite Broker | Registration No. 742, Registration Code No. IRDA/ DB 797/ 19, Valid till 09/06/2027, License category- Composite Broker. Visitors are hereby informed that their information submitted on the website may be shared with insurers.

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