Introduction :

Tata AIG Life Insurance Company Limited (Tata AIG Life) is a joint
venture company, formed by the Tata Group and American
International Group, Inc. (AIG). Tata AIG Life combines the Tata Group’s
pre-eminent leadership position in India and AIG’s global presence as
one of the world’s leading international insurance and financial
services organization. The Tata Group holds 74 per cent stake in the
insurance venture with AIG holding the balance 26 per cent. Tata AIG
Life provides insurance solutions to individuals and corporates. Tata
AIG Life Insurance Company was licensed to operate in India on
February 12, 2001 and started operations on April 1, 2001.
American International Group, Inc. (AIG), a world leader in insurance
and financial services, is the leading international insurance
organization with operations in more than 130 countries and
jurisdictions. AIG companies serve commercial, institutional and
individual customers through the most extensive worldwide property-
casualty and life insurance networks of any insurer. In addition, AIG
companies are leading providers of retirement services, financial
services and asset management around the world. AIG's common
stock is listed on the New York Stock Exchange, as well as the stock
exchanges in Ireland and Tokyo.
Tata is a rapidly growing business group based in India with significant
international operations. Revenues in 2007-08 are USD 62.5 billion
(around Rs. 251,543 crores), of which 61% was from business outside
India. The Group’s Net Profit for 2007-08 is USD 5.4 billion (around Rs.
21,578 crores). The Group employs around 350,000 people worldwide.
The Tata name has been respected in India for 140 years for its
adherence to strong values and business ethics. The business
operations of the Tata Group currently encompass seven business
sectors - Communications and Information Technology, Engineering,
Materials, Services, Energy, Consumer Products and Chemicals. The
Group's 28 publicly listed enterprises have a combined market
capitalisation of around $60 billion, among the highest among Indian
business houses, and a shareholder base of 2.9 million. The major
companies in the Group include Tata Steel, Tata Motors, Tata
Consultancy Services (TCS), Tata Power, Tata Chemicals, Tata Tea,
Indian Hotels, Tata Teleservices and Tata Communications.

Products

To ensure your children lead happy and successful lives, it’s important
to plan now so that they will have the financial support they need in
the future.

Tata AIG has a range of flexible insurance products to help you secure
your children’s financial future. Our products include:
 Tata AIG Life InvestAssure Superstar
Tata AIG Life InvestAssure Superstar is a non- participating unit linked
endowment plan that allows you to secure a financial future for your
child. Product Details

Tata AIG Life United Ujjwal Bhawishya Plus

This is a unit linked endowment plan which provides you the assurance
to realize your child’s dreams Product Details

Tata AIG Life Assure Career Builder

This money-back policy provides financial assistance at key stages of
your child’s life, from education to their first steps into a new career.
Product Details

Tata AIG Life Assure Educare at 18 & Tata AIG Life Assure
Educare at 21
This first of its kind juvenile endowment policy is geared toward
funding your child’s education. You can choose between Assure
Educare 18 and Assure Educare 21, depending on your child’s needs.
Product Details

Tata AIG Life Assure 21 years Money Saver

This savings plan provides you with cash payments in the form of
survival benefits at regular intervals to fund your child’s needs at
critical milestones or support your financial obligations. You get the
dual benefits of life insurance coverage plus the flexibility of periodic
payments. Product Details

Tata AIG Life MahaLife Gold

This unique policy ensures that your child will have a steady income
and insurance coverage for life! Premiums are payable only for the first
15 years. Product Details

Tata AIG Life Starkid

An exceptional endowment policy that ensures you can afford to give
your child the very best for his career & marriage. Product Details

Adults

Tata AIG Life Assure One year/ Five Years/10 Years/ 15 Years /
20 Years / 25 Years Lifeline Plans, and Term to age 60 known
as Assure Lifeline to Age 60
You get the luxury of high coverage but at an affordable cost. You have
the flexibility to choose the term of cover. To learn more, click here
Tata AIG Life Assure 10 Years / 20 Years / 30 Years Security &
Growth Plans
This amazing endowment policy enables you keep your money safe
and have it grow. In the unfortunate event you die while under this
cover, your dependants will get the sum assured. However, if you
outlive the term, you still get the sum assured along with a whole
range of bonuses. To learn more, click here

Tata AIG Life Assure 21 years Money Saver

This plan offers you cash payments at the end of every 3 years during
the term of the policy. You also get the dual benefits of life insurance
coverage plus the flexibility of periodic payments. To learn more, click
here

Tata AIG Life Assure Golden Years Plan

This endowment policy gives you safety AND returns. In case of death,
your dependants get the sum assured otherwise your savings grow. If
you live past the term you still get that sum assured along with a
whole host of bonuses. To learn more, click here

Tata AIG Life Easy Retire

This is an immediate annuity plan with Return of Purchase Price (RoPP)
which can be purchased through a single premium payment. The plan
provides for annuity payments which are paid throughout the life time
of an annuitant. To learn more, click here

Tata AIG Life Hospi CashBack

This plan allows multiple claims against unforeseen hospitalization
expenses and you also get your money back. To learn more, click here

Tata AIG Life Health Investor

This plan offers a lumpsum benefit on diagnosis of 12 critical illnesses,
a cover in case of unfortunate death and a 100% return of premium in
case of no claims. To learn more, click here

Tata AIG Life InvestAssure Gold Plus

This is a whole life non-participating unit linked insurance plan which
offers you the unique advantage of combining the protection and tax
advantages of life insurance, with the prospect of investing in different
kinds of securities through multiple fund options. To learn more, click
here

Tata AIG Life InvestAssure Health Plus

This plan is a unit linked investment plan to suit your needs and
priorities and to help you to achieve your financial goals along with a
comprehensive health policy that gives you total coverage to help you
recover worry-free when you are ill. To learn more, click here

Tata AIG Life InvestAssure II+

This is a unique non-participating investment linked insurance plan
that combines the security of a life insurance policy with the
opportunity to exploit the upside of market returns by investing in
different kinds of securities through multiple fund options. To learn
more, click here

Tata AIG Life InvestAssure Insta+

This is a simple unit linked insurance plan, easy to understand and
easy to buy. You just have to choose your premium, term and funds to
avail of the dual benefits of insurance coverage and wealth creation.
To learn more, click here

Tata AIG Life InvestAssure Flexi Plus

This plan is a unit linked endowment investment plan and provides you
with ample flexibility to suite your needs and priorities and to help you
to achieve your financial goals. To learn more, click here

Tata AIG Life InvestAssure Plus Advantage

This is a unique, flexible insurance plan with a single-premium paying
term, which combines the security of a life insurance policy with an
opportunity of enjoying potentially higher returns on your insurance
premiums. To learn more, click here

Tata AIG Life InvestAssure Sampatti

This is a non participating unit linked endowment plan with zero
premium allocation charges. This ensures your investments get a
better opportunity to grow and yield maximum returns while you get
an unmatched start to a long-term wealth creation. To learn more, click
here

Tata AIG Life InvestAssure Optima Plus

This is a unit-linked endowment insurance solution which helps
optimize your investment returns, with a combination of high allocation
and Guaranteed Addition, while providing you with a comprehensive
financial protection. To learn more, click here

Tata AIG Life Lakshya Plus

Tata AIG Life Jeevan Lakshya is an easy unit linked insurance plan. The
plan provides you the dual benefit of investment and protection with
just a health declaration. To know more, click here

Tata AIG Life LifePlus

This plan lets you win no matter what happens. Get your premiums
back if you outlive the term. Get sum assured in case of death by
natural causes. Get DOUBLE the sum assured in case of death by
accidental causes. To learn more, click here

Tata AIG Life MahaLife Gold

This is the ideal planning vehicle for your retirement. It provides you a
steady income and insurance coverage for life! Premiums are payable
only for the first 15 years. You can even use this to cover future
expenses of your children. To learn more, click here

Tata AIG Life Raksha 10/15/20/25

This plan offers you a large cover at a small premium with the
flexibility to choose the term of cover. To learn more, click here

Tata AIG Life ShubhLife

This plan provides you 100% life insurance protection and high returns
on your investment but the premiums you pay are among the lowest of
any similar endowment policy. To learn more, click here

Tata AIG Life Health First

Quality healthcare is incredibly expensive. You need a policy that
covers all contingencies including prolonged hospitalization, major
surgery, critical illness, post hospitalization fees and even the
unfortunate event of your death. HealthFirst provides a lump sum
irrespective of what your medical bills are. To learn more, click here

Tata AIG Life Health Protector - 5 Year Guaranteed Renewal

Accident and Health Plan
The average cost for a major surgery or treatment in hospital is
between three to five lakh. Health Protector is the first product of its
kind in India that offers you protection in case ANYONE in your family
has an accident or falls ill. To learn more click here

Retirement

Tata AIG Life Apex Pension Plans

These plans provide a platform ensuring the upside potential of the
equity markets while safeguarding the investors interest by offering a
highest NAV guarantee on maturity. To learn more, click here

Tata AIG Life Assure Golden Years Plan

This endowment policy gives you safety AND returns. In case of death,
your dependants get the sum assured otherwise your savings grow. If
you live past the term you still get that sum assured along with a
whole host of bonuses. To learn more, click here

Tata AIG Life Easy Retire

This is an immediate annuity plan with Return of Purchase Price (RoPP)
which can be purchased through a single premium payment. The plan
provides for annuity payments which are paid throughout the life time
of an annuitant. To learn more, click here

Tata AIG Life MahaLife Gold

This distinctive policy is the ideal planning vehicle to fund your
retirement. It provides you a steady income and insurance coverage
for life! Premiums are payable only for the first 15 years. To learn
more, click here

Tata AIG Life Nirvana

The highly flexible Nirvana retirement plan lets you choose your
retirement age (from 50 to 65 years). To learn more, click here

Tata AIG Life Nirvana Plus

This is India’s first and only pension policy with a guaranteed addition
of 10 percent of sum assured every 5 years. You can choose from
three levels of cover, and also decide the age you want to retire. To
learn more, click here

Tata AIG Life InvestAssure Swarna Jeevan Plus

This is a unit linked non participating pension plan. This plan helps you
to invest your money, build and multiply your capital. To learn more,
click here

Tata AIG Life InvestAssure Future Plus

This is a Unit Linked pension plan with a single purpose - to preserve
and multiply your happiness even after you stop working. InvestAssure
Future Plus is built as a custom-made retirement solution to meet your
needs of capital accumulation, growth and indeed, multiplication. To
learn more, click here

Micro insurance

How do we operate?

We operate in 11 states with a specific relationship management team

for each state. A dedicated & trained sales and marketing team
manages the front end of the Micro insurance program. Our micro
insurance distribution model collaborates with NGO’s (Non-
governmental organisations) and Rural organizations with community
level SHG (Self Help Group) women advisors who provide insurance
advisory services to the rural customers at their doorstep. The
grassroots level agents explain the product details in the local
language of the customer, thereby enabling the customer to make a
decision. The training programs, brochures, contract documents, and
application forms are available in 8 different languages other than
English and Hindi.

Cost of our plans:

Tata AIG Life Micro insurance plans are available with or without
survival benefits and with death benefits ranging from Rs.5,000 to
Rs.50,000. With premiums as low as Rs.5** per month, there
is now an affordable life insurance product for nearly every
rural household in India.

** The premium mentioned above is exclusive of Service Tax.

Insurance for corporations

For any corporation, its employees and customers are its greatest
assets. And it is important for the organization to take the necessary
measures from time to time to maintain their motivation levels.
Offering security to them and their families with insurance cover is one
way to show that you care.

We also offer solutions for managing the liabilities on Gratuity and

Superannuation products for the employees.

Our range of corporate life insurance products include:

• Employee Benefits
• Credit Life
• Group Pensions
• Workplace Solutions

Discover how each product can be a tool for increasing employee

loyalty along with providing tax benefits

Fucntions
DOP-Distribution,Operations,Training
Organisational struture
Divided into 3
Distributuion,operations and training
Branch head
Cluster head
Regional head
Zonal head
All India head

Organisation also includes the agents or NLAS who are not working on
a fixed payroll but on commission basis
The NLAS also form their own teams based on promotion criteria
So a person enters the firm as an NLA n becomes a licensed agent
after appearing for the IRDA exam
NLA is divided into 2
Licensed Agent
(promotion criteria Senior advisor or Executive advisor)
PBA
BA
SBA
MBA

The other option is the BSP option where the person is just a franchisee

Activities in the organizations

Most activities are carried out the branch level
Monday Morning Meetings
Team Meetings
Agency Meetings
BA meetings
PBA meetings
Contests
Convemtions
MDRT