MUMBAI, Sept 20: Tata AIA Life Insurance Company (Tata AIA Life)
today announced the launch of its new product, Tata AIA Life Insurance Suraksha Kosh, a non-participating unit linked endowment
insurance plan.
The plan provides a comprehensive protection of one’s financial
goals against the risk of premature death, and more importantly, against the risk of living post an accident, critical illness or surgery.
Suraksha Kosh not only helps save for goals, but also ensures that the saving is protected from uncertain events by providing adequate life and health insurance protection against major illness
and surgery.
It offers a wide range of flexible policy term from 15 to 40 years and is available to individuals from the age 18 to 50 years with maximum maturity age of 65, a release said.
The plan offers a choice of four inbuilt benefit options for the
prospective customers to ensure the protection of the customer’s financial goals. These four options are a combination of two or more
of the benefits mentioned below:
Death and surgical benefit form an integral part of each of these
four options.
Surgical benefit includes protection against 948 listed surgeries.
Critical illness (lumpsum) benefit offers a lump sum which is paid on first diagnosis of any one of the 12 critical illnesses covered; like cancer, stroke, heart attack, coronary bypass surgery,
etc, it added.
(UNI)
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