iPhone | iPad
Android
Huawei
Sixth annual programme to recognise innovation in the workplace in 18 MENA nations
KT APPDOWNLOAD
Tata AIA introduces life insurance solutions in US$ for Non-Resident Indians
The company launched its branch, based at Gujarat International Finance Tech-City (GIFT City), India’s first International Financial Services Centre (IFSC)
Venky Iyer, managing director and chief executive officer, Tata AIA Life Insurance
Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of India’s leading life insurers, has announced the launch of its offshore branch at Gujarat International Finance Tech-City (GIFT City), India’s first International Financial Services Centre (IFSC). The Branch will offer US dollar-denominated life insurance products to Non-Resident Indians (NRIs), through its website https://international.tataaia.com.
Venky Iyer, Managing Director & Chief Executive Officer, Tata AIA, said, “The setting up of IFSC GIFT City is a remarkable step by the Government of India towards widening the scope of Indian financial services. It provides a great opportunity for insurers to provide foreign currency-denominated products. We are delighted to introduce life insurance solutions for our NRI consumers, enabling them to secure their families and fulfil their aspirations.”
The Company will commence operations with a unique term offering USD-denominated Life Protect Supreme, enabling policy benefits in US dollars. The Plan covers risks such as death, accident, disability, and critical illness, for up to 100 years of age. NRI Consumers can choose from five plan options to tailor their coverage according to their lifestyle, medical history, and occupation. The Plan options offer flexibility to include add-on benefits (Riders) such as accidental death benefit, critical illness cover, and waiver of premium on accidental total and permanent disability.
The Company also plans to introduce Unit Linked life insurance products soon, giving consumers the prospect of benefiting from exciting investment opportunities in global equity markets.
More news from KT Network
Th event will bring together the city’s most influential personalities, from trendsetters to visionaries, as they celebrate excellence and innovation across various sectors
Bitget Wallet has become a leader in the industry with its "platform-style" approach, combining multiple blockchain networks
The gathering was held in Taj Dubai under the patronage of Consulate General of India with the UAE India CEPA Council
The achievement marks InsuranceMarket.ae as the first and only insurance platform to experience such a privilege, reinforcing its leadership in the industry
The event will gather industry leaders, customers, and partners to uncover strategies to enhance data-driven insights and productivity
Successful completion of International Observership programme honours 10 international medical professionals
