Tata Aig General Insurance

Key Features

Claim Settlement Ratio 94.21%

Claim Settlement Facility 100%

Network Hospitals 7200

Renewability 100%

COVID-19 Cover Yes

Incurred Claim Ratio 60.68%


TATA AIG general insurance company limited is a joint venture between the TATA group, one of the largest conglomerates in India with diverse interests in various sectors and American International group (AIG). TATA AIG was incorporated in the year 2001 after receiving the general insurance license from the Insurance regulatory and development authority of India. TATA AIG has completed 22 years of service in the Indian market as of 2022. TATA group holds 74% stake in the joint venture whereas AIG holds 26%. TATA AIG provides customized and generalized insurance services to both the corporate companies and individual customers.


TATA AIG Health insurance plans


The minimum entry age under the plan is 91 days with policy tenure options of 1/2/3 years. The policy covers up to 7 members including self, spouse, up to 3 dependent children and up to 2 parents/ parents-in-law.

Medical checkup

The policy doesn't require any medical checkups for applicants having less than 45 years of age and Tele- medical examination report for applicants more than 46 years of age.

Benefits of TATA AIG

The policy restores 100% of the basic sum insured upon the exhaustion of the basic sum insured and the cumulative bonus during the policy period. The restoration benefit can be availed only once during the policy period. The restored sum insured can be utilized only for the unrelated illness for which the basic sum insured is utilized and exhausted. In case of family floater policy, reinstatement of sum insured done can be utilized by all the insured persons in the policy on floater basis. The unutilized sum insured cannot be carried forward to the next policy year.

Key Statistics:

  • In-house claims team of 400 plus experts spread across 90 offices in India.
  • More than 400 members in the customer service team operate from various offices in India.
  • 7941 employees working in 200 branches in India

Tax Benefits

TATA AIG health insurance policies offer tax benefits under the Section 80D of the income tax act.

Claim Settlement Process

TATA AIG health insurance claim form can be downloaded from here.


In case of diagnosis with any of the mentioned covered illnesses the customer can go for a second opinion in any of the network hospitals and the cost of consultation would be covered under the health insurance policy.