Is your term plan equipped to keep pace with increasing responsibilities?

Is your term plan equipped to keep pace with increasing responsibilities?

Birla Sun Life Insurance presents term solutions with increasing sum assured at no extra premium

Launches BSLI Protector Plan & BSLI Protector Plus Plan

Mumbai: Birla Sun Life Insurance Company, a joint venture of Aditya Birla Group and Sun Life Financial Inc. has announced the launch of its new term plan offerings – Protector Plans. These plans offer flexibility to customers by giving them the option to increase their sum assured over a period rising out of increasing responsibilities and inflation, at no extra cost. The Protector plan is available in two variants; BSLI Protector Plan and BSLI Protector Plus Plan.

Says Mayank Bathwal, Chief Financial Officer and Head - Institutional Sales, “Over time, an individual’s responsibilities grow and this, coupled with lifestyle improvements, makes one realize the need for increased protection. To ensure that one’s loved ones continue to enjoy the same comforts, even under unforeseen circumstances, there was a need for a plan that could keep pace with changing requirements.”

He further adds “BSLI has repeatedly been able to not just assess consumers’ evolving needs, but also introduce innovative solutions time and again that have set industry benchmarks. Keeping these customer needs in mind for a term plan that can grow with growing responsibilities; BSLI has introduced BSLI Protector Plans that aim to ensure a family’s financial security as per their evolving life cycle needs at affordable cost”

Both plans offer customers the flexibility of opting for a constant or increasing Sum Assured at inception. Customers, who opt for an increase in Sum Assured, have the option of increasing it by 5% or 10% every year, in order to factor in growing needs and responsibilities. Under this facility, on every policy anniversary, the Sum Assured increases by 5% or 10%. 

For added protection, both plans can be enhanced with the following riders:

·         BSLI Accidental death and disability rider UIN: 109C018V01

·         BSLI Critical illness rider UIN: 109C019V01

·         BSLI Surgical care rider UIN: 109C015V01

·         BSLI Hospital care rider UIN: 109C016V01

·         BSLI Waiver of premium rider UIN: 109C017V01

While, blending complete financial protection with affordability, the two plans also offer an additional advantage of lower premium for women.

Key features of the BSLI Protector Plans:

·         Option to increase sum assured at no extra cost

·         Choice of 5 additional riders to enhance your policy protection

·         Flexibility of premium paying frequency: Annual / Semi – Annual / Quarterly / Monthly

·         Income Tax benefits as per prevailing norms under the Income Tax Act, 1961

Additionally, Protector Plus Plan offers the following benefits:

·         Special premium rates for non-smokers

·         Special premium rates for women

For further media information, contact:

Atul Malikram

9827092823

JK Tyre inaugurates Truck Wheels service centre at Nagpur

JK Tyre inaugurates Truck Wheels service centre at Nagpur

~ First One Stop Tyre & Wheel Service Centre in Maharashtra ~

~ JK Tyre plans to set up over 20 such Tyre & Wheel Service Centres in one year ~

Nagpur, July 13, 2011: JK Tyre & Industries Ltd, India’s leading tyre major and the market leader in Truck/Bus Radial tyres, launched its state of the art ‘JK Tyre Truck Wheels Centre’ at Nagpur, Maharashtra.  JK Tyre Truck Wheels would provide one stop solution for the entire tyre & wheel related service needs of Trucks and Buses.

The JK Tyre Truck Wheels centre at Nagpur is spread over an area of around 6000 sq. ft with workshop area, showroom, Training rooms etc. The centre is equipped with state of the art facilities including a computerized Truck tyre Alignment Machine, Wheel balancing machine, Automatic Tyre Changer, Nitrogen Inflator and Truck tyre repair tools and offers end to end tyre-related services for trucks and buses.

It was inaugurated by Dr.Raghupati Singhania, Vice Chairman and Managing Director, JK Tyre & Industries Ltd in the presence of Mr.A.K.Bajoria, President & Director, Mr.A.S.Mehta, Marketing Director and other key officials of the company.

The service provided at JK Tyre Truck Wheels would help consumers reduce maintenance cost and fuel consumption. The modern equipment will also enhance the tyre life. Services like Wheel Alignment and Balancing play a major role in Safety and comfort. Nitrogen inflation is another service which offers a lot of benefits to the users.

Speaking at the inauguration, Dr.Raghupati Singhania, Vice Chairman & Managing Director, JK Tyre & Industries Ltd said “JK Tyre is the pioneer of Radials in the country and is committed towards bringing the best  of products and services. This initiative is another step in providing one stop tyre related services to the customers. With Radialisation increasing rapidly, JK Tyre, as the pioneer and market leader, has been striving hard to provide complete tyre solution to its customers.

Nagpur is one of the biggest trucking hubs in the country. Nagpur is also a major junction for roadways as India's two major national highways (Kanyakumari-Varanasi (NH 7) and Hajira-Kolkota (NH-6)) pass through the city.  Nagpur Fleet owners have been the early adopters of Truck/Bus Radial tyres and have reaped the benefits of Radial technology. Services like Wheel Alignment, Balancing and Nitrogen Inflation will help the customers in reducing their operating costs and get the best out of their tyres.”

Dr.Singhania also added  “ With the rapid progress in the highway, the Radialisation in Commercial Vehicles is bound to grow. JK Tyre is committed to meet the demands of customers in terms of value added service and capacities.JK Tyre has already increased its TBR capacity from 8 lacs to 10 lacs at Mysore Plant.  Further JK Tyre is setting up a new plant in Chennai to meet the requirement of Truck/Bus Radial tyres as well as Car Radial tyres.The new plant will increase JK Tyre’s TBR capacity from the present 10 lacs per annum to 14 lacs per annum”.

Mr.Juzer Amin of MHKS Mohamed Ali (Tyre Division) is the franchisee for the Nagpur centre. Speaking on the occasion, Mr.Juzer Amin said  “I have been associated with JK Tyre for more than 2 decades. I am very happy to be associated with JK Tyre in this prestigious venture. With the Radialisation increasing rapidly, the need for alignement, balancing and other services is bound to increase”. Mr. Mufaddal Amin who is the son of Mr.Juzer Amin would be heading the operations of the centre.

For more detail, Please coordinate

Atul Malikram

7869912247