Tata AIA Life Insurance Company Limited (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. It provides a comprehensive protection of financial goals against the risk of premature death. It also offers protection against the risk of living post an accident, critical illness or surgery.
The plan offers a choice of four inbuilt benefit options for the prospective customers to ensure the protection of their financial goals. Suraksha Kosh also offers the customers the opportunity to choose from a wide range of eight investment funds as per their risk profiles.
Suraksha Kosh offers a range of 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. Premiums paid under this plan are eligible for tax benefits under the Income Tax Act.
