Tata AIA Life introduces traditional plan MahaLife Supreme
SME News, Thursday, Nov 29, 2012 11:20:31 AM IST
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NEW DELHI: Tata AIA Life Insurance has unveiled MahaLife Supreme, which is a limited premium paying, non-linked, non-participating, endowment insurance plan.
This plan provides a guaranteed annual income after the premium payment term till the end of chosen policy term, where customers will be getting a guaranteed lump-sum at maturity, with benefit of life insurance protection throughout policy term.
Tata AIA Life Managing Director and CEO Suresh Mahalingam said, “In this festive season, we are very happy to present a solution that can help our customers open doors to a guaranteed future. Our new product enables our customers to make the smart choice by planning both their savings outflow and the required regular guaranteed annual income inflows with the assurance of a long term insurance protection.”
MahaLife Supreme can be purchased by individuals from age 18 to 55 years with maximum maturity age being 90 years for option ‘A’, while 85 years for option ‘B’ and offers p
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