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Unit Linked health plan launched by Tata AIG

Tata AIG Life Insurance Company has launched its first unit-linked health insurance product called Tata AIG Life Invest Assure.

06 Oct 2008

Tata AIG Life Insurance Company has launched its first unit-linked health insurance product called Tata AIG Life Invest Assure.

Invest Assure Health is a comprehensive health coverage plan with additional benefit of investment, which will help insured to pay for high medical expenses over and above the sum assured.

Tata AIG Life Invest Assure Health will pay for hospitalization, ICU benefit is payable for hospitalization up to 90 days for the entire policy term subjected to the limit of 15 days per year. Policy also provides cover for 946 surgeries, there is no limit to the number of claims for surgery.
The product has six fund options; the plan provides 12 free switches annually and 4 top-ups in a year. There is a provision for partial withdrawals also. The policy also provides maturity bonus which could range between 2-4 percent of the fund value.