Tata AIA Life Insurance and Tata Teleservices have jointly launched m-Insurance for the telecom provider's pre-paid customers. The pilot has been launched in Andhra Pradesh and Telengana, said a press release issued by the company.
The term life plan offered through m-Insurance comes with two options for the sum assured -- Rs 50,000 and Rs one lakh. Customers are automatically enrolled on purchase of Tata DoCoMo's selected mobile recharge coupon (Special Tariff Voucher-STV). There is no need for any additional documentation at the time of purchasing the STV.
After the purchase of selected STV, customer is informed of the policy