Insurance News on Tata AIG Life

Tata AIA Life launches comprehensive Term insurance plan

17 Aug 2012, 02:46 PM  by   1781 Views | Write a Comment »

Tata AIA LogoTata AIA Life Insurance Company Limited (Tata AIG Life) announced the launch of it’s new term insurance plan, Tata AIA Life Insurance Maha Raksha Supreme. The plan has two cover options - Pure Protection Cover and Extra Protection Cover.

  1. Pure Protection Cover is the basic form of life insurance where the nominee will receive the Basic Sum Assured in the event of the insured’s demise.
  2. Extra Protection Cover offers insurance cover combined with an inbuilt Waiver of Premium option, which...  Read More »

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Tata AIA Life announces bonus rates for 2012-13

06 Jul 2012, 01:11 PM  by   5780 Views | 1 Comments »

Tata AIA Life Insurance has recently announced the Bonus rates of its participating plans for the financial year 2012-13.

A highlight of this year is that the cash dividends for Tata AIA MahaLife Gold has been increased to Rs.32.5 per 1000 Sum Assured and for Tata AIA MahaLife has been increased to Rs.8.8 per 1000 Sum Assured

Tata AIA Bonus Rates 2012-13

Earlier this month, Tata AIG Life Insurance rechristened itself as TATA AIA Life Insurance Company following exit of AIG from

Posted in Tata AIG Life

Tata AIG Life is now Tata AIA Life Insurance

02 Jul 2012, 11:01 AM  by   4022 Views | Write a Comment »

Tata AIA Life Insurance Company LogoTata AIG Life Insurance is now renamed as Tata AIA Life Insurance Company. This comes three years after AIA separated from American International Group (AIG) as part of a global deal.

AIG which is an American multinational insurance corporation suffered from a liquidity crisis in September 2008 and has since then sold a number of its subsidiaries and other assets to pay off loans. Hong Kong based American International Assurance (AIA) was a member of AIG and it separated from the AIG group in...  Read More »

Posted in Tata AIG Life

Tata AIG insurance for Syndicate Bank home loan customers

07 Sep 2011, 01:06 PM  by   2034 Views | 1 Comments »

Tata AIG Life Insurance has partnered with state-run lender Syndicate Bank to extend a groupTata AIG Life Insurance partners with Syndicate Bank insurance cover to home loan customers. The insurance cover will be made available to existing as well as new customers for home loan liability. This will be a real protection plan and customers can opt to pay the insurance premiums upfront or they can include it in their home loan EMI.
 
K. Devananda Upadhyaya, General Manager – Insurance and Marketing at Syndicate Bank, said, “With over 1.6 lakh home...  Read More »

Posted in Tata AIG Life Life InsurancePension Plans

Tata AIG Life launches InvestAssure Apex Supreme

01 Jul 2011, 08:45 PM  by   1901 Views | Write a Comment »

Tata AIG Life Insurance Company has launched a new ULIP InvestAssure Apex Supreme in the insurance markets.

InvestAssure Apex Supreme is available for individuals between 18 years to 65 years. The company has named it as Apex Supreme as the word ‘Apex’ means “top or the highest point”. It ensures that the policyholder gets the advantage of potential upside of the equity markets, whilst safe-guarding their interest by offering a Guaranteed Maturity Unit Price.

The policy term in...  Read More »

Posted in Tata AIG Life ULIP

Tata AIG Life Gyan Kosh launched in the markets

17 Jun 2011, 03:24 PM  by   1696 Views | Write a Comment »

Tata AIG Life Insurance ‘Gyan Kosh’ is a non-participating unit-linked insurance plan (ULIP). It aims to provide financial protection for children's education, important milestones of life like marriage, providing funds for setting up a business, etc.


The plan is available to individuals between 18 years to 50 years. Policyholders can choose from two protection options Security Net and Safety Net where, in case of death or total permanent disability of the insured, all future premiums payable...  Read More »

Posted in Tata AIG Life ULIP

Tata AIG Life Insurance Company achieves break even

14 Jun 2011, 01:07 PM  by   2187 Views | Write a Comment »

Tata AIG Life Insurance Company Ltd has declared its financial results for the year 2010-2011.Tata AIG Life Insurance Company achieves break even The insurer has achieved break-even in its 10th year of business and posted a net profit of Rs 51.79 crores.


Through superior business processes and efficiency, the insurance company has managed this feat while most companies are struggling. Their total premium income during FY 2010-11 stands at Rs 3,985 crores which is Rs 491 crores up from its premium income of Rs 3,494 in 2009-10. The company’s...  Read More »

Posted in Tata AIG Life Life InsuranceULIP

Tata AIG launches two new Ulips in the insurance market

06 Jun 2011, 10:09 AM  by   2157 Views | Write a Comment »

Tata AIG Life Insurance Company has launched two new Unit-linked insurance plans called ‘Tata AIG Life Insurance InvestAssure Gold Supreme’ and ‘Tata AIG Life Insurance InvestAssure Maximizer’.


Commenting on the launch, MD & CEO of Tata AIG Life Insurance, Mr. Suresh Mahalingam, said, “We are pleased to reinforce our protection oriented unit linked portfolio with the launch of these two new products. Each of these products caters to a specific customer need and offers distinct benefits: Tata...  Read More »

Posted in Tata AIG Life ULIP

Tata AIG and Syndicate bank tie up to offer Microinsurance

27 Jan 2011, 03:24 PM  by   2298 Views | Write a Comment »

Tata AIG Life ties up with Syndicate Bank to provide insurance to all customers covered under the bank’s financial inclusion program.

Tata AIG ties up with Syndicate bank
As per the agreement, Syndicate Bank will offer its customers group insurance products by Tata AIG Life. This insurance product is called ‘Group Term Life’ and will cater to the economically weaker sections of the society. For a nominal premium, individuals will be eligible for a life insurance cover up to Rs.25,000. Microinsurance is a term used for insurance...  Read More »

Posted in Tata AIG Life Insurance

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