( www.insurancemall.in )
Tata AIG Life Insurance who has introduced its new insurance product called ‘Invest Assure Apex Supreme’. It is a Unit Linked Insurance Plan that provides a platform ensuring the upside potential of the equity markets while safeguarding the interest of investors by offering guaranteed maturity.
Tata AIG Life’s Invest Assure Apex Supreme which enables to receive high returns with safeguarding your investment during any downturn. It provides insurance protection in case of death. Plan comes with optional riders to increase the protection against all eventualities.
Mr. Niraj Jain CEO of Bonsai Insurance, Broking firm that launched India’s first online portal www.insurancemall.in said, “Tata AIG Life’s Invest Assure Apex Supreme is great Unit Linked Insurance Plan well suited for the customers who looks for both market returns as well security to safeguard the their investment.
Advantages of Invest Assure Apex Supreme.
1) This plan which comes with Unique benefit of GMUP (Guaranteed Maturity Unit Price) which means the highest Unit Price of the Apex Supreme return lock in fund recorded on one hundred Reset Dates ( 10th day of every calendar month).
2) Plan which provides financial protection to your family in case of unfortunate event.
3) Partial withdrawals are allowed from the sixth year onwards to meet your liquidity in case needed.
4) Plan which comes with the option of four riders to enhanced the protection such as Accidental Death Benefit Rider, Tata AIG Life Accidental Death and Dismemberment Rider, AIG Life Critical Illness (lump sum) Rider and Tata AIG Life Family Income Benefit Rider that provides Readjustment Income in case of an unforeseen event.
5) Tata AIG Life Insurance Invest Assure Apex Supreme is a 5 year limited pay plan with policy term of 10 years.
6) Policy can be purchased for any individual between the ages of 18 years to 65 years.
7) The premium paid under this plan is eligible for tax benefits under Section 80C of the Income Tax Act, 1961.
8) The proceeds of life insurance such as maturity benefits enjoy tax benefits as per section 10(10D).
Tata AIG Life Insurance is one of the leading insurance company in India, which always comes with new ways to provide solutions to satisfy wide variety of customers. Invest Assure Apex Supreme is one efforts company to serve better service to customers.
Know more about Life Insurance Product in India.
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