Saturday 22 September 2012

[www.keralites.net] Tata AIA Life launches Unit linked plan “ Suraksha Kosh

 

 
Tata AIA Life's Suraksha Kosh is a unit-linked plan where death benefit is enhanced by a combination of sum assured plus the total fund value
 
Mumbai: Tata AIA Life Insurance has launched 'Suraksha Kosh', a non participating market-linked endowment plan covering risks of premature death, disability post an accident and critical illness or surgery, reports PTI.
 
"Suraksha Kosh provides to customers to get the best from their investments on a unit-linked platform as also meet their desired saving goal without worrying about the risk of death, dismemberment and onslaught of medical exigency like a critical illness," company's managing director Suresh Mahalingam said in a release issued here.
It is a unit-linked plan where death benefit is enhanced by a combination of sum assured plus the total fund value.
Suraksha Kosh offers the customers the opportunity to choose from a range of eight investment funds as per their risk profiles.
It offers a 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.
Its premiums paid are eligible for tax benefits.
Tata AIA Life is a joint venture between Tata Sons and AIA Group.

Note: Please consult your Financial Planner before investing in this Insurance Plan.  This is not a recommendation to invest in any insurance plan. I am not an agent/representative of any insurance/investment company.
 
Best  Regards
Prakash Nair 
prakash@yourownadviser.com 
www.keralites.net

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