Tata AIA Health SIP With Wealth Creation Launched

Tata AIA also unveils Tata AIA Health Buddy, India’s first 24x7 health and wellness companion

FinTech BizNews Service

Mumbai, 26 August 2025 – Health challenges often arrive unannounced, leading to unforeseen expenses and emotional stress for families. While protection against such uncertainties is crucial, equally important is the need for financial readiness to manage long-term health and lifestyle needs.

Sanjay Arora, Chief of Operations, Tata AIA Life Insurance,

Addressing this dual requirement, Tata AIA Life Insurance proudly announces the launch of Tata AIA Health SIP, a pioneering Non-Participating, Unit-Linked Health Insurance Plan that integrates comprehensive health coverage with wealth creation. Alongside, Tata AIA also unveils Tata AIA Health Buddy, India’s first 24x7 health and wellness companion from a life insurer, making the consumer journey holistic and future-ready.

Health SIP: Protection Meets Wealth Creation

Tata AIA Health SIP is designed to help consumers prepare for tomorrow while staying protected today. It goes beyond conventional health insurance by ensuring that consumers benefit from financial growth alongside health protection.

Key features of Tata AIA Health SIP include:

• No premium allocation charges – ensuring more money goes directly into investments.
• Maturity boosters – enhancing long-term fund value.
• Tax-free withdrawals (from 6th policy year) – available for health-related expenses, ensuring flexibility in emergencies.
• Critical illness protection with premium lock-in up to 30 years – providing peace of mind and long-term security.
• Two tailored variants:
  • Health SIP Plus – with in-built Accidental Total and Permanent Disability (ATPD) benefits.
  • Health SIP Plus Pro – includes ATPD plus Terminal Illness with Term Booster (TTB) for enhanced protection.

With these features, Health SIP reimagines health insurance as a future-ready solution, blending immediate protection, long-term growth, and financial flexibility.

Health Buddy: Everyday Support for Your Wellness Journey

Complementing Health SIP is Tata AIA Health Buddy, an innovative virtual companion available 24x7 via the Tata AIA Life Insurance App. Health Buddy ensures that while financial preparedness is taken care of through Health SIP, day-to-day wellness needs are also met with ease.

Services offered include:

• Preventive health check-ups and prescribed vaccinations.
• Women Care support (PCOD, IVF, menopause, infertility, etc.).
• Dental wellness consultations.
• 24+ specialty doctor consultations (paediatrics, neurology, dermatology, urology, and more).
• Discounts on diagnostics and medicines.
• Medical second opinions and case support for critical illnesses.
• Fitness and diet expert sessions.

With its mascot, Tata AIA Health Buddy embodies care, trust, and accessibility, ensuring families feel supported both in daily health management and during unforeseen medical events.

Commenting on the launch, Sanjay Arora, Chief of Operations, Tata AIA Life Insurance, said, “At Tata AIA, our core value of Consumer Obsession drives everything. We are proud to introduce Tata AIA Health Buddy, India’s first 24x7 health and wellness companion from a life insurer. By blending health, wellness, and life insurance, we are setting a new benchmark in consumer care. Tata AIA Health Buddy empowers our consumers with access to world-class solutions that not only protect their health but enable them to live healthier, more fulfilled lives.

This service is a testament to our commitment to being a true partner in their health and wellness journey and keeps them Har Waqt Ke Liye Taiyaar with confidence and financial security.”