Tata AIA Life Insurance launches ‘Sampoorna Care - Cancer’, Tata AIA’s first cancer plan to offer replacement of income, with flexible payouts that can be customised to every family, and Sampoorna Care – Cancer Fund, an option of adding a savings health fund that allows tax free withdrawals for health treatments.
Recognising this gap, Tata AIA Life Insurance today announces the simultaneous launch of two landmark products: Sampoorna Care - Cancer and Sampoorna Care - Cancer Fund together forming India's most comprehensive response to the full financial and medical cost of a cancer diagnosis.
“A cancer diagnosis in an Indian family can be both emotionally and financially draining. It can disrupt the rhythm of a steady income, as patients may need time to recover fully and regain their earning potential,” said Sujeet Kothare, Chief Business Officer – Proprietary Business, Propositions & Marketing, Tata AIA Life Insurance.
“Together, these two products address every dimension of that challenge — from day-one claims and income replacement to long-term savings continuity and world-class treatment support. Indian families deserve protection that is as complete as the problem it is designed to solve.”
Sampoorna Care - Cancer: Because Income Needs Protection Too
At the heart of Sampoorna Care - Cancer is a simple but powerful idea: cancer protection should replace what cancer takes away including your salary.
The plan offers up to ₹50 Lakh in cover, paid out in the way that fits each family's reality:
• Regular income - a steady amount arriving every month, the way a salary would have
• 100% lump sum - for families who need to move decisively: clear hospital bills, pay off a loan, reorganise finances in one go
• A combination of both - an upfront payout to handle the immediate crisis, followed by an income stream that can stretch up to 5 years
That last option is quietly revolutionary. A regular income for up to 5 years means that even if cancer permanently alters your ability to earn, your family continues to receive financial support for years. It is, in effect, income replacement built into a health plan - something no conventional cancer policy in India has offered before. And the consumers we spoke to recognised it: two out of three called the proposition unique.
The plan also features an industry-first 30-year rate guarantee on premiums, so families can plan with certainty over the long term, without fear of rising costs as they age.