Tata AIG Life Insurance Company launches Gyan Kosh
Mumbai: Tata AIG Life Insurance Company today announced the launch of Tata AIG Life Insurance Gyan Kosh, a non-participating unit-linked endowment insurance plan. The plan comes with in-built benefits to ensure financial protection of one's goals for children's education, important milestones of life like marriage, providing funds for setting up a business, etc. The plan offers a choice of two inbuilt protection options for the prospective customer to ensure the protection of their financial goals — Security Net and Safety Net. Both these options have inbuilt waiver of premium benefit that waives all future premiums payable under the plan in case of death or total permanent disability of the insured. In case of Safety Net a sum assured is paid to the nominee on death of the life assured, future premiums are waived and the policy benefits continue. In case of Security Net, in addition to the sum assured getting paid to the nominee on death of the life assured and future premiums...