Tata AIA Life Insurance (Tata AIA), one of India’s leading life insurers, has been selected by the Government of Nagaland to implement the Chief Minister’s Universal Life Insurance Scheme (CMULIS). Under this scheme, the primary earning member of the family will be provided with a life insurance cover of INR 2 lakh.
This scheme aims to give families the financial support they need in the unfortunate event of the demise of the breadwinner. It is specifically aimed at helping the vulnerable sections of society, such as those working in unorganized sectors or are part of low-income groups.
Commenting on this landmark occasion, Shri Neiphiu Rio, Hon’ble Chief Minister, Nagaland, said, “I am extremely happy to partner with Tata AIA Life Insurance and launch this scheme for the working population of Nagaland.” Mr. Venky Iyer, Managing Director & Chief Executive Officer of Tata AIA Life Insurance, said, “We are honored to be part of the Chief Minister’s Universal Life Insurance Scheme—Nagaland.” Mr. Jeelani Basha, President & Chief Distribution Officer, Tata AIA Life Insurance, said, “Our partnership with the Government of Nagaland will enable us to provide life insurance coverage to nearly 3.5 lakh people in the state.”
