Tata AIG Life Insurance has partnered with state-run lender Syndicate Bank to extend a group 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 »

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 »

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 »

Tata AIG Life Insurance Company Ltd has declared its financial results for the year 2010-2011. 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 »

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 »

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

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 »