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Thursday, Jun 03, 2004

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AMP Sanmar launches three new products

Our Bureau

Mumbai , June 2

AMP Sanmar Life Insurance Company Ltd has launched three new customised term assurance products: Vani Shree, Vani Shree Plus and Raksha Shree Plus.

According to Mr Graham Meyer, Managing Director, AMP Sanmar, Vani Shree and Vani Shree Plus are two loan protection products.

While Vani Shree is a pure term product offering only protection in case of death, Vani Shree Plus offers survival benefits in the form of return of basic premium paid till maturity.

Raksha Shree Plus is an enhanced variant of the already existing pure term product, Raksha Shree, with an added feature of survival benefit of returning to the basic premium sum.

On all the three products, the company offers a three-year premium rate offset for women, he said at a press conference announcing the new products.

Former Australian test captain and AMP brand ambassador Steve Waugh launched the products.

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