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Our Bureau

Mumbai , April 7

TATA AIG Life Insurance Company Ltd (Tata AIG Life) has launched Unit Linked Insurance Plans (ULIP) for Superannuation and Gratuity schemes.

Tata AIG ULIP Superannuation Scheme provides individual members the flexibility to decide on the allocation of their moneys based on their risk appetite, said a press release.

In case of the ULIP Gratuity Scheme, the employer or trustee has the flexibility to decide the ratio of investment based on their risk taking appetite, the release said.

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