Financial Daily from THE HINDU group of publications
Friday, Dec 20, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Money & Banking - New Products & Services


Aviva launches `Treasure Plus'

Our Bureau

NEW DELHI, Dec. 19

AVIVA Life Insurance along with ABN-Amro Bank has launched `Treasure Plus', an investment cum protection plan for the customers of the bank.

Treasure Plus is an investment plan with a life insurance cover and a value-added bank account. The investments would help create wealth for the children, while the life insurance cover with accidental, non-accidental and permanent disability cover would ensure that the child's aspirations do not suffer.

The tax free-policy is available in tenure periods of 10 years, 15 years or 20 years and would be available to all ABN-Amro customers between 18-50 years of age. The plan also attracts premium of as low as Rs 1,000 to Rs 2,000, Rs 3,000 or Rs 4,000 payable on a monthly, quarterly, semi-annually or on an annual basis.

Mr Nitin Chopra, Senior Vice-President & Head Consumer Banking, ABN-Amro Bank India said, "Child oriented financial planning has emerged as the key need in our customer research. In response ABN-Amro had introduced Treasure — a savings product exclusively for children at the beginning of the year. Treasure Plus is our second offering to the target audience."

Send this article to Friends by E-Mail
Comment on this article to BLFeedback@thehindu.co.in

Stories in this Section
Re gains 5 paise; gilts rise


i-flex solution for Bulgarian bank
Nabard pegs Karnataka's credit potential at Rs 9,729 crore
GIC move to transfer stake hits snag
RBI blamed for `slackness'
Corpn Bank eyes overseas turf
Union Bank sells 224 policies in two days
Bank of India hires Deloitte as agent to recover NPAs
Model Steels assets seized
Indian Bank seizes defaulter property in Coimbatore
Union Bank seizes defaulter's assets
Aviva launches `Treasure Plus'


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line