Tata AIA Life Insurance launched a new plan Maha Raksha Supreme : Offer 2 covers pure protection and extra protection
Tata AIA Life is a joint venture company, formed by Tata Sons and AIA Group, the largest independent publicly listed pan-Asian life insurance group in the world.
Tata AIA Life Insurance has launched a non-linked, non-participating term insurance plan to protect the standard of living of the insured’s family.
The plan (Maha Raksha Supreme) offers two covers – pure protection and extra protection. The firstone is the basic form of life insurance where the nominee will receive a basic sum in the event of the insured’s demise, said a company statement.
Maha Raksha Supreme is available to individuals between the ages 18-70 years for the Pure Protection Cover option and ages 18-55 years for the Extra Protection Cover option.
The extra protection cover offers insurance cover combined with an inbuilt waiver of premium option, which ensures that in case the insured suffers from total permanent disability, the future premiums are waived and the policy will continue for life insurance protection.
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