Dear Ms. Rosila Laishram,
Greetings of the day!
Thank you for contacting TATA AIA Life Insurance.
This is with reference to your query regarding freelook cancellation via email dated 5th October 2022. Your service request number is 82021282 which you can track at all on our touchpoints.
Policy Number: U225744361
Keeping our promise of protecting your loved ones, we strongly recommend that you continue with this policy and keep the Life insurance cover of policy number U225744361 ₹ 2,40,000.00/- for the financial protection of your loved ones intact.
We wish to inform you that as per the policy provisions, a policyholder can request for cancellation of the policy within a free look period and obtain a refund of the premium paid. However, if you still wish to proceed with freelook cancellation, we request you to provide your confirmation.
Your Freelook period is active till 2nd November 2022 and you can provide your confirmation to us latest by 2nd November 2022, for us to process your request for Freelook Cancellation.
Post receipt of your confirmation for policy cancellation, your request will be processed within 6 days.
Kindly note that if confirmation is received post 2nd November 2022, we shall be unable to take the request.
Further, we request you to kindly confirm if there are any specific reasons (Not satisfied with policy terms and conditions, service failure, personal reasons, coverage not as per requirements, etc) for the cancellation of your life insurance policy with Tata AIA Life.
Features
• Flexibility to pay premium one time or for a limited period as per your choice
• Regular Loyalty Additions to boost investments
•Flexibility to choose from 11 Fund options for enhanced investment opportunities
• Option to customize your plan with three additional unit deducting riders
• Choice of Enhanced Systematic Money Allocation & Regular Transfer Investment Portfolio Strategy
• Tax benefits u/s 80C and 10 (10D) of the Income Tax Act, 1961
We would urge you to reconsider your decision to cancel the policy to reap the benefits of this plan in the future.
Kindly note below mentioned charges that would be deducted on the Free look cancellation of your policy.
Stamp duty charges @ ₹20 (per Lac/ Sum assured amount) + medical charges in case if any + Goods & Service Tax
In the case of Unit Link policy Market Value changes/fluctuations for the investments losses/ gains + Cost of Insurance + Goods & Service Tax.
We thank you for your patience and understanding in this regard.
We recommend you to use digital options & reach us through the below touchpoints:
For any further queries/clarifications, please feel free to contact us on our helpline number at 18602669966 (local call charges apply) from Monday to Saturday between 10.00 am to 7.00 pm or email us at customercare@tataaia.com.
We are pleased to announce bonus declaration for FY22 – 23 that reflects our commitment to protect policyholders and their long term financial goals. Pls refer to the below link for details:
Assuring you the best of our services always.
Stay Strong & Stay Safe.
Yours Sincerely,
Kaleemunnisa Shaikh
Customer Service Team
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Stay worry-free about your premium payments! Click
http://bitly.ws/8BCf to activate Autopay on your Tata AIA Life policy. Raksha Karta Helpline: 1860-266-9966 | NRI: +91-22- 6251 9966 (
Monday -
Saturday 10 AM to 7PM) | Whats App Services:
https://wa.me/917045669966?text=Hi | Communication address: TATA AIA Life Insurance Co. Ltd., 9th Floor, B Wing, I-Think Techno Campus (Lodha), Behind TCS, Pokhran Road. No. 2, Thane West – 400607 | Website:
www.tataaia.com---------------------------------------------------------------------------------------------------------------------