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Tata AIG Family Credit tie up

Tata AIG Life insurance Company entered into an agreement with Family Credit. Tata AIG hopes to access the Family Credit client base to market its insurance solutions.

Apnainsurance.com Research Bureau

16 Jul 2008

Tata AIG Life insurance Company entered into an agreement with Family Credit, the consumer finance organization of Societe Generale. Tata AIG hopes to access the Family Credit client base to market its insurance solutions.

Tata AIG life will provide personal loan insurance for small-ticket personal loan (STPL) customers of Family Credit. The insurance cover is against death due to to any reason, natural, accident or through sickness. The premium for the policy will come bundled with the loan amount. Tata offers a medical test waiver up to a limit of Rs. 5 lakh and till age 55.



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