Birla Sun Lifes Elite Circle with insurance

By Our Banking Bureau | 26 Jun 2002

Mumbai: Birla Sun Life AMC has launched Elite Circle, whose membership entitles a member to a life insurance policy for Rs 5 lakh for the first year.

"The AMC will provide life cover from Birla Sun Life Insurance Company (renewable group term plan) with the premium for the first year being borne by it," says Aditya Birla group director of financial services S K Mitra.

The offer is till 30 September 2002 and all investors between the age of 18 and 40 will qualify for this policy, he says.

Birla Sun Life Insurance CEO Nani Jhaveri says as both the companies are the constituents of the same group, they are able to synergise their strengths and deliver value for the customers.