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Tata aig, mumbai, india 154k likes tata aig general insurance company limited is a joint venture between the tata group and the american international. Registered office: tata aig life insurance company limited, delphi- b wing, 2nd floor, orchard avenue, hiranandani business park, powai, mumbai 400 076 (hereinafter called “tata aig” or “the company”, whichever is applicable). Life insurance or life assurance is insurance that guarantees a specific sum of money from the insurance company to a designated beneficiary upon the death of the insured, or to insured if he or she lives beyond a certain age.