Aviva May Exit India – Effect on Term Insurance?

POSTED BY Ram ON August 6, 2013 11:15 am COMMENTS (4)

http://in.reuters.com/article/2013/08/05/aviva-india-dabur-idINDEE97406Y20130805

Aviva, has plans to exit India. Any idea how this will affect existing Term Insurance plans and if the premiums will change?

Thanks,

Ram.

4 replies on this article “Aviva May Exit India – Effect on Term Insurance?”

  1. dear Ram, the prem. for AMP SANMAR customers or the original T & C were not changed a bit by Relinace. So in case Aviva exits & sell all stake back to Dabur or someone else, the prem. for existing policies ‘ll not be affected.

    thanks

    Ashal

    1. Ram says:

      Dear Ashal,

      Thanks for your reply!

      Regards,
      Ram.

  2. Dear Ram, instead of offering a direct answer to you, I w’d ask you to search a bit for AMP SANMAR. Post your findings here in this discussion.

    thanks

    Ashal

    1. Ram says:

      Ashal,

      Thanks for your reply.

      I do remember that AMP Sanmar was bought by Reliance Life Insurance but I was neither at that time nor now able to find out whether or how the premium changed for the customers.

      I know the article I posted also speaks about Dabur possibly buying, but again, my question is just to find out the impact on the premium for existing policy holders.

      Thanks,
      Ram.

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