Tata AIG unveils ''InvestAssure'' plan

By Mumbai: | 09 Mar 2004

Mumbai: Tata AIG Life Insurance Company has unveiled `InvestAssure,' a new unit-linked insurance plan 'combining the security of a life insurance policy with the opportunity of earning high returns on the premium.'

InvestAssure offers investors the flexibility of choosing the investment fund and also of topping their investments at any time during the life of the plan.

The company has entered into an agreement with Franklin Templeton Investments (India), which will lend Tata AIG, non-discretionary investment advisory services, under the portfolio management services licence, said Mr Ian J. Watts, Managing Director, Tata AIG Life Insurance Company while addressing press persons yesterday.