Product launches

INSURANCE

Star Union Dai-ichi Life Insurance has launched SUD Life Guaranteed Pen sion Plan, a deferred plan that will create a guaranteed corpus at maturity which can be invested in an annuity. The minimum age of entry is 35 years and maximum is 65. The plan has the option of single premium as well as limited premium paying term.

Coverfox.com, an online insurance portal, has launched a doorstep claims assistance program in Mumbai. Coverfox Express Claims Service not only ensures timely and professional claims support but also promises to return your car in 3 days.

BANKING

Axis Bank has launched a multi-currency, co-branded forex card, `Miles & More Axis BankWorld Traveller Card’, that facilitates both international and domestic usage while rewarding customers with miles on every spend. The card is powered by MasterCard’s contactless chip security, offering customers easy and safe access to 30 million merchant outlets. It can also be loaded with up to 17 different currencies.

Source: Economic Times

Date: 23rd May 2016

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