Aviva Life Insurance launches i-Shield, Tata AIA offers term plan
need of customers to access information on financial services on smartphones, Bajaj Allianz General Insurance has launched an Android app called ‘Eezee Tab’. By using the app, a policyholder can issue or renew motor insurance policies as well as register claims. Moreover, one can pay through credit/debit card that the app accepts. Once the card is accepted, premium gets debited from the cardholder’s account and the policy is issued instantly.
Birla Sun launches Vision LifeIncome
Birla Sun Life Insurance has launched a participating plan called Vision LifeIncome’ which comprises regular guaranteed payouts, long-term savings and life insurance benefits. Thus, the product offers a three-way solution for customer’s financial needs. The plan comes with guaranteed regular income for life post-premium paying term. There is premium discount on high sum assured and one can customise the plan by adding five riders. One can even avail loan against the policy and get tax benefits under Sections 80C, 80D and 10(10D) of the Income Tax Act, 1961.
Royal Sundaram’s online CV insurance
Royal Sundaram Alliance Insurance has launched an online commercial vehicle insurance plan. The policy covers commercial vehicles up to 5 years old and covers losses and damages caused by fire and allied perils, including burglary, theft or breaking, riots, terrorism, strikes and liability to third parties. The policy covers taxies registered anywhere in India and indemnity for third party property damage up to R7.5 lakh.
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