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Tata AIG declares 3.5 p.c. bonus

MUMBAI: Tata AIG Life Insurance Company (Tata AIG Life), a joint venture of the Tata group and American International Group, on Friday announced a reversionary bonus of 3.5 per cent of the sum assured for the year ended 2004-05. This bonus is applicable to all eligible participating plans, Tata AIG Life said in a release here.

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