Private life insurer, Tata AIA Life Insurance Company Limited (Tata AIA Life) today launched MahaLife Supreme, an offering that provides income protection with the added advantage of guaranteed returns.
Guaranteed annual income will start from the end of 16th policy year for option A and from the end of 13th policy year for option B. Option A and Option B are based on policy term and premium payment term.
Mukesh Dhawan, Deputy CEO & CDO, Tata AIA Life Insurance said that this is a long term pay plan that opens doors to a guaranteed future, wherein initial investments fructify into a guaranteed additional income with the added benefit of maturity payment.