TATA AIA LIFE PRESENTATION

TATA AIA LIFE PRESENTATION

1. Insurance industry NAME : OMKAR PATIL FIRST YEAR MASTERS IN MANAGEMENT STUDIES DIV: B

2. Introduction of TATA AIA Life Insurance Tata AIA Life Insurance Company Limited (Tata AIA Life Insurance) is a joint venture company, formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life Insurance combines Tata’s preeminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world spanning 18 markets in the Asia Pacific region. Tata AIA Life Insurance is also one of the leading insurers in the Indian private sector Tata Group holds a 74 percent stake in the insurance venture with Aia holding the balance of 26 percent Tata AIA Life Insurance is one of the leading insurers in the country, and offers plans in multiple life insurance segments such as protection plans, wealth plans, child plans, savings plans, group plans, and micro-insurance plans, among others  Tata AIA Life Insurance is now ranked at no. 5 based on individual weighted new business premium (IWNBP )

3. Why to choose Tata AIA Life Insurance To enable dreams, and inspire healthier, happier lives, and become the pre-eminent insurance provider in the country Mission To provide the best and simplest life and health insurance solutions, that are in sync with the customer’s individual needs and life goals Vision Tata AIA Life insurance

4. Types of life Insurance plans offered by Tata AIA Life

5. Types of term insurance plan: Maha raksha supreme Sampoorna raksha Sampoorna raksha plus I raksha trop Types of wealth insurance plan Fortune maxima Fortune pro Wealth maxima Wealth pro Smart sampoorna raksha Retirement Plan Guaranteed monthly income Smart annuity plan Savings insurance plan Guaranteed return insurance plan Guaranteed monthly income plan Diamond saving plan Gold income plan Smart income plus Money back plus Mahalife gold Value income plan Pos smart income plus Fortune guarantee plus Fortune guarantee

6. Ulip riders Waiver of premium plus linked rider Linked comprehensive protection rider Accidental death and dismemberment rider linked rider linked comprehensive health rider Waiver of premium linked rider Group Group loan protect Group sampoorna raksha Traditional group corporate benefit plan Group term life Group employee benefit plan Traditional group corporate benefit plan Traditional riders Waiver of premium plus rider Non linked comprehensive protection rider Non linked comprehensive health rider Accidental death and dismemberment rider

7. Awards won by Tata AIA Life Tata AIA Life has won two top industry awards for its PR campaign for creating awareness about the need for Life Insurance Protection in India The Company won the Best Communication Strategist of the Year award, at the Corporate communication & PR summit, organized by Morpheus Enterprise. The other award is for the Best Direct-to-Consumer PR Campaign of the Year, at the 2020 Customer Fest Show, organized by Kamikaze Media. To support the vision of Tata AIA Life to become the pre-eminent protection provider in the country, the Corporate Communications team started the campaign in 2018, which resulted in a significant increase in brand recall and thought leadership position in Protection solution space in the industry. 2019 India Insurance Summit & Awards – Insure Tech Company of the Year 2019 Annual Masters of Modern Marketing Awards & Conference – Best Influencer Marketing Campaign 2019 UBS Forum Out of Box Compliance Program Award - Compliance Team of the Year 2018 Legacies Compliance Team of the Year Award