Tata AIA Life Insurance today launched a product, Money Maxima, a long-term plan which is compliant with new IRDA guidelines.
"Money Maxima is a long term plan that stretches to fit the dreams of our customers through flexibility of plan duration. The plan offers the dual benefits of both guaranteed and non-guaranteed returns and, hence, is good value for money," Tata AIA Life Deputy CEO and CDO Mukesh Dhawan said in a release.
Tata AIA Life has launched a bouquet of solutions, compliant with new IRDA guidelines applicable from this month.
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These new offerings also provide additional benefits such as guaranteed returns, liquidity and flexibility of plan duration.
Tata AIA Life is a joint venture between Tata Sons and AIA Group, an independent publicly listed pan-Asian life insurance group.
