<h1>New Unit-Linked Life Insurance Plan Offers High Coverage, Loyalty Additions, and Tax Benefits Under Section 80C</h1> An insurance company launched a new unit-linked individual life insurance savings plan offering life cover up to 100 times the annualized premium, with options tailored to different life stages. The plan includes loyalty additions after ten years and maturity boosters, along with tax benefits as per applicable laws. It offers two variants: one providing life cover during the policy term with maturity benefits, and another extending coverage up to age 85. Policyholders can choose from multiple fund options and portfolio management strategies, with features like partial withdrawals and fund switching. The company, promoted by major banks, is also preparing for an initial public offering subject to regulatory approvals and market conditions, with disclosures emphasizing associated investment risks and restrictions on securities offerings in the United States.