Tata AIG unveils ULIP

Chennai: Tata AIG Life Insurance Company has unveiled ''InvestAssure Gold,'' a whole life unit-linked insurance plan (ULIP), in Chennai. The product offered the advantage of combining protection and tax advantages with the prospect of infusing in different kinds of securities through multiple fund options. There is the option to pay premiums for only five years, besides the enhanced entry age up to 70, to ensure that the elderly population is not excluded. The policy gives life cover till the age of 100.