TATA-AIA-Life-Insurance-Savings-FGplus

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A Savings Plan that Guarantees* more. Invest in Tata AIA Fortune Guarantee Plus which provides you securities on multiple fronts - get guaranteed* income, choice to get premiums back⁺, cover against 40 Critical Illnesses^~, and tax benefits^%. Just choose your premium paying term, set your income term, pick mode of payment & live life the way you want. Looking for a monthly income plan with best return on investment? Look no further.

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Why a savings plan is necessary ?

Guaranteed* independence

A Savings Plan is one of the best investment plans that ensures you have an assured source of income to support your wellbeing in the future. Whether your goal is to secure a saving plan for child or to ensure a valuable money investment, savings plan is known to be one of the preferred investment options.

^*T&C Apply

Happy retirement

A Saving Plan is a good tool start planning a retirement corpse to live life fully. Irrespective of whether and how much your partner has invested, financially equipping yourself today goes a long way in securing a peaceful tomorrow. Invest in the best savings plan to enjoy the sunset years of your life.

Financial Security

In this day and age, when two incomes are required to lead a certain quality of life, securing a Guaranteed Income Savings Plan makes equal sense for both partners. In case of any unfortunate event, a saving plan also doubles up as a child insurance plan securing the future of your loved ones.

Tax Benefits^%

When you choose a savings plan, you get Tax Benefits as per applicable tax laws alongside enjoying one of the best return on investments.

Why choose Fortune Guarantee Plus?

Guaranteed* Income for worry-free future

*T&C Apply

Return of premium⁺ at the end of income period

Save Tax up to Rs. 46,800⁺⁺ as per applicable laws

Enhanced Health protection against 40 Critical IIInesses^~

Flexibility to choose plan options Choose from either a regular income plan or regular income with an in-built Critical illnesses benefit.

Add Rider^# Benefits Freedom to choose any of the additional riders to increase the protective cover.

Joint Life policy Choice of Joint Life policy under single premium payment option

Pay as per Convenience Choice of Premium payment between Single Premium, Regular Premium payment or Limited Payment option

Sample Illustration^^

Minimum Premium

Premium Payment Term	Single Pay (Pay once)	Limited Pay (Pay for limited period)	Regular Pay (Payment term = policy term)
Minimum Annual Premium (Rs. excl. taxes)	5,000	24,000	24,000
Minimum Monthly Premium (Rs. excl. taxes)	Not Applicable	2,119	2,119

Annual Premium (Rs. excl. taxes)	Monthly Premium (Rs. excl. taxes)	Premium Payment Term (years)	Policy Term (years)	Income Term (years)	Total Premium (Rs.)	Annual Income¹ (Rs.)	Total Guaranteed Benefit (Total Income + Total Premiums)
1,00,000	8,830	5	10	20	5,00,000	42,100	13,42,000
60,000	5,298	5	10	20	3,00,000	25,260	8,05,200
50,000	4,415	5	10	20	2,50,000	21,050	6,71,000
24,000	2,119	5	10	20	1,20,000	10,104	3,22,080
1,00,000	8,830	10	15	30	10,00,000	1,24,980	47,49,400
60,000	5,298	10	15	30	6,00,000	74,988	28,49,640
50,000	4,415	10	15	30	5,00,000	62,490	23,74,700
24,000	2,119	10	15	30	2,40,000	29,996	11,39,856
60,000	5,298	12	12	20	7,20,000	67,536	20,70,720

¹Annual Income consist of Guaranteed Annual Income + Income Booster
¹The benefit displayed above is for age group of 18 to 50, Male, standard life, Plan Option 1 (Regular Income)

Single Premium (Rs. excl. taxes)	Premium Payment Term (years)	Policy Term (years)	Income Term (years)	Total Premium (Rs.)	Annual Income²(Rs.)	Total Guaranteed Benefit Total Guaranteed Benefit
5,00,000	1	5	20	5,00,000	54,000	15,80,000
5,00,000	1	5	40	5,00,000	50,100	25,04,000

²Annual Income consist of Guaranteed Annual Income + Income Booster
²The benefit displayed is for age 35, Male, standard life, Plan Option 1 (Regular Income)

All Premiums are subject to applicable taxes, cesses & levies which will be entirely borne/ paid by the Policyholder, in addition to the payment of such Premium. Tata AIA Life shall have the right to claim, deduct, adjust, recover the amount of any applicable tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy. Kindly refer the sales illustration for the exact premium.

Why Choose Tata AIA Life Insurance?

77 Lacs +

³Families protected so far

4 Hours

^***Express Claim

^***T&C Apply

99.13%

²Individual Death Claim Ratio for FY 2023-24

Personalized Plans

Flexibility to choose the life cover and add ons that’s right for you.

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Disclaimer

The complete name of Tata AIA Fortune Guarantee Plus is Tata AIA Life Insurance Fortune Guarantee Plus (UIN: 110N158V13) - Individual, Non-Linked, Non-Participating, Life Insurance Savings Plan.
This product is underwritten by Tata AIA Life Insurance Company Ltd.
The plan is not a guaranteed issuance plan and it will be subject to company’s underwriting and acceptance.
Insurance cover is available under this product.
For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. The precise terms and condition of this plan are specified in the Policy Contract.
Buying a Life Insurance Policy is a long-term commitment. An early termination of the Policy usually involves high costs and the Surrender Value payable may be less than the all the Premiums Paid.
In case of non-standard lives and on submission of non-standard age proof, extra premiums will be charged as per our underwriting guidelines.
Risk cover commences along with policy commencement for all lives, including minor lives.
*‘Guaranteed Annual Income’ shall be a fixed percentage of the Annualised Premium/Single Premium (excluding discount) payable in a year. Guaranteed Annual Income along with Income Booster as per the chosen Income Frequency shall commence after maturity till the end of the Income Period, irrespective of survival of the life insured(s) during the Income Period.
⁴Illustrated premium is the monthly premium exclusive of taxes, rider premiums, underwriting extra premiums, which will be entirely borne/paid by the Policyholder, in addition to the payment of such Premium, charges or interest. Tata AIA Life shall have the right to claim, deduct, adjust, and recover the amount of any applicable tax or imposition, levied by any statutory or administrative body, from the benefits payable under the Policy.
^#Below riders are available with this plan
- Tata AIA Vitality Health (UIN: 110B045V03 or any other later version) - A Non-linked, Non-participating, Individual Health Rider
- Tata AIA Vitality Protect (UIN: 110B046V04 or any other later version) - A Non-linked, Non-participating, Individual Health Rider
- Tata AIA Life Insurance Non-Linked Comprehensive Protection Rider (UIN:110B033V04 or any other later version) - A Non-linked, Non-participating, Individual Health Rider
- Tata AIA Life Insurance Non-Linked Comprehensive Health Rider (UIN: 110B031V03 or any other later version) - A Non-linked, Non-participating, Individual Health Rider.
Riders are not mandatory and are available for a nominal extra cost. For more details on benefits, premiums and exclusions under the Rider, please contact Tata AIA Life Insurance Advisor/Intermediary/ branch.
^%Income Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. For ULIP policies, maturity income will be taxable if annual aggregate premium exceeds ₹2.5 Lakh in a financial year. For non ULIP insurance policies, maturity income will be taxable if annual aggregate premium exceeds ₹5 Lakh in a financial year. Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implications mentioned anywhere on this site. Please consult your own tax consultant to know the tax benefits available to you.
⁺Return of Premium shall be the Guaranteed maturity benefit plus Milestone Benefit and shall be payable at the end of the Income Period irrespective of survival of the life insured(s) during the income period
^~Available under Regular Income with an Inbuilt Critical Illness Benefit option.
²Individual death claim settlement ratio for FY 2023-24 as per annual financial statements.
***Applicable to only non-early claims more than 3 years of policy duration up to Sum assured of 50 lakh. Applicable for branch walk in. Time limit to submit claim to Tata AIA by 2 pm (working days). Subject to submission of complete documents. Not applicable to ULIP policies.
⁺⁺Tax benefits of up to ₹46,800 u/s 80C is calculated at highest tax slab rate of 31.20% (including cess excluding surcharge) on life insurance premium paid of ₹1,50,000 as per old tax regime. Tax benefits under the policy are subject to conditions laid under Section 80C, 80D,10(10D), 115BAC and other applicable provisions of the Income Tax Act,1961. Good and Service tax and Cess, if any will be charged extra as per prevailing rates. The Tax Free income is subject to conditions specified under section 10(10D) and other applicable provisions of the Income Tax Act,1961. Tax laws are subject to amendments made thereto from time to time. Please consult your tax advisor for details, before acting on above.
³77,26,727 families protected till December ’23.
L&C/Advt/2024/Oct/3264

Tata AIA Life Insurance Company Limited (IRDAI Regn. No.110 • CIN: U66010MH2000PLC128403). Registered & Corporate Office: 14th Floor, Tower A, Peninsula Business Park, Senapati Bapat Marg, Lower Parel, Mumbai – 400013. Trade logo displayed above belongs to Tata Sons Ltd and AIA Group Ltd. And is used by Tata AIA Life Insurance Company Ltd under a license. For any information including cancellation, claims and complaints, please contact our Insurance Advisor / Intermediary or visit Tata AIA Life’s nearest branch office or call 1-860-266-9966 (local charges apply) or write to us at customercare@tataaia.com. Visit us at www.tataaia.com

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS
IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.