Shubh Shakti

What this product is

A term life insurance plan built specifically for women, combining a straightforward death benefit with women-focused perks like discounted pricing, a pregnancy premium holiday, and wellness screenings.

You might need this if…

• You're a woman — salaried, homemaker, entrepreneur, or single parent — and want a term plan priced and designed around your life stages rather than a repackaged men's policy.
• You want lower pricing than a standard unisex term plan — Tata AIA positions Shubh Shakti premiums as roughly 15% lower than its regular term plans for equivalent cover.
• You're planning a pregnancy and don't want a missed premium during that period to risk your cover lapsing — the plan offers a premium holiday of up to 12 months.
• You're a single mother and want a plan that factors that into pricing and benefits rather than treating your family structure as an edge case.
• You want a child-education safety net built in, so a nominated child keeps receiving money each month if you're not there to provide it.

How it actually works

• Pick a sum assured tier — Tata AIA advertises options such as ₹50 lakh, ₹75 lakh, and ₹1 crore, with illustrative starting premiums quoted from about ₹8-₹13 per day depending on the cover chosen.
• If you die during the policy term, your nominee gets the sum assured as a lump sum; for sums assured above ₹1 crore, Tata AIA says an interim payout of around ₹3 lakh can be released quickly after the policy has run 3 years, with the balance following once the full claim is processed.
• An optional Child Education Protection rider pays a monthly amount (roughly ₹5,000-₹50,000, depending on the option chosen) to your child until they reach an age between 21 and 25.
• A waiver-of-premium feature keeps the policy active without further premiums if your spouse dies in an accident.
• Diagnosis of a covered terminal illness triggers an early payout of part of the sum assured, rather than the family waiting for a death claim.
• Add-on wellness access (branded 'Health Buddy Enhance') bundles annual check-ups with women-specific screenings — e.g. PAP smear, anaemia, PCOS — plus an OPD allowance Tata AIA quotes at up to roughly ₹64,100 over the term.

Worked example

The tiers

Illustrative life cover	Starting premium (as marketed)
₹50 Lakh	~₹8/day
₹75 Lakh	~₹10/day
₹1 Crore	~₹13/day

Worth knowing before you decide

• The per-day premium figures and discount percentages come from the insurer's own marketing pages; your actual quote depends on age, health, smoking status, sum assured, and term.
• This is pure term cover — if you outlive the policy term there's no maturity payout, unless you separately opt into a return-of-premium version.
• Riders (Child Education Protection, waiver of premium) typically add to the premium and must be selected at purchase, not added later.
• As with any term plan, accurate medical and lifestyle disclosure at purchase matters — non-disclosure is the most common reason genuine claims get contested.

Official source

Not available in the current product data — this insurer has not published a standalone brochure PDF for this plan; the notes above are drawn from their official product page instead.

Learn about this category

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