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.