Tata AIA Life Insurance Company LimitedTata AIG Life ShubhLife
Tata AIG Life Insurance Company Limited (Tata AIG Life) is a joint venture company between the Tata group and the American International Group (AIG).
Tata holds 74 per cent while AIG holds 26 percent stake in the venture.
The company started operations in India on April 1, 2001. The company offers products and services in India with offices at Ahmedabad, Bangalore, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jamshedpur, Jodhpur, Kochi, Kolkata, Mangalore, Mumbai, New Delhi, Pune, Rajkot, Trichi, Vijaywada and Lucknow.
The Tata AIG product portfolio includes children's plans, retirement plans, wealth creation plans, and traditional insurance plans. The company also offers micro insurance products to low-income groups.