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Stock impact report

Indian life insurer Tata AIA sets up offshore branch in GIFT City [Yahoo! Finance]

AIA GROUP LTD S/ADR (AAGIY) 
NASDAQ:AMEX Investor Relations: aia.com/en/investor-relations.html
Company Research Source: Yahoo! Finance
The inaugural product, Life Protect Supreme, is a term life insurance plan that offers policy benefits in US dollars. This plan is designed to address various risks including accident, disability, critical illness and death, with coverage extending up to the age of 100 years. NRI consumers seeking life insurance will find flexibility in the five plan options available, allowing them to customise their coverage based on personal factors such as medical history, lifestyle and occupation. All these options include the potential to add riders for additional benefits such as accidental death, critical illness cover, as well as a waiver of premium in case of accidental total and permanent disability. Besides, Tata AIA is preparing to expand its product line-up with the introduction of unit-linked life products. These forthcoming offerings aim to help NRIs capitalise on the global equity markets' opportunities, potentially enhancing their investment portfolio. Tata AIA managing Show less Read more
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