Like everything else, you would also want your retirement period to be planned out properly. Since finances are one of the most important aspects of any life stage, you will need to opt for a suitable annuity pension plan that gives you complete peace of mind during your second innings!
The Tata AIA Life Insurance Fortune Guarantee Pension plan helps you look after your post-retirement financial needs with a guaranteed* regular income so that you can lead a life free from financial worries.
Get Guaranteed* regular income
Save Income Tax# as per applicable tax laws
Option to get pension immediately or after selected duration
Get Loan against policy
Choose from multiple annuity options to suit your needs
Pay premiums as per convenience on monthly, annual or lumpsum basis.
Why Choose
Tata AIA Life Insurance
Fortune Guarantee
Pension Plan?
*T&C apply
Immediate Life Annuity
Immediate Life Annuity with Return of Purchase Price
Deferred Life Annuity (GA-I) and with Return of Purchase Price
Deferred Life Annuity (GA-II) and with Return of Purchase Price.
Ensures access to a regular source of income during your critical retirement years
When you purchase a Pension plan you get Tax Benefits as per applicable tax laws
Invest Regularly and earn Good return on your invested amount thereby build a significant retirement corpse.
A Pension plan helps secure the future of your loved ones in case of any unfortunate event.
*T&C apply
Families protected so far^
Assured 4 hours of claim settlement~
99.01% Claim Settlement Ratio^^ in FY 2022 - 23
Flexibility to choose the life cover and add ons that’s right for you.
Presence across major cities
Save income tax as per applicable income tax laws
~T&C apply
What is an Annuity?
An annuity is a life insurance retirement benefit that pays out a fixed sum of money to the policyholder and their family on retirement. The benefit is payable every month, quarter, on a half-yearly or yearly basis, and either soon after the premiums have been paid or in the future.
Under an annuity plan, the policyholder is known as the annuitant, and in case there are two annuitants under a plan option, the first and second policyholders are known as primary and secondary annuitants, respectively.
Why do I need a Pension Plan?
A pension plan is important as it provides a steady flow of income to the policyholder during their retirement. In the absence of a monthly salary, the regular income from the pension plan can help you and your family lead a financially secure life. As a Tata Group employee, you can also avail of an exclusive discount when you purchase the Tata AIA Life Insurance Fortune Guarantee Pension Plan.
When is the best time to invest in a Pension plan?
Since a pension plan is meant to provide a stable income during your retirement years, try and buy a pension plan as early as possible to create a large corpus for you and your family. This annuity will pay out a regular income to you for all of your family’s needs and yours during your retirement years.
What are the benefits of Tata AIA Life Insurance Fortune Guarantee Pension Plan?
Tata AIA Life Insurance Fortune Guarantee Pension Plan offers the following benefits:
*T&C apply
Is there any discount for Tata Group employees?
If you are an employee of the Tata Group, you are eligible for additional annuity of 1% of the annuity rate**.
Is buying a pension policy online safe?
If you purchase a pension policy online from the official website of Tata AIA Life Insurance, we offer a safe and secure policy buying process. Not only will your details be safe online, but we will also ensure a swift payment and checkout.
Disclaimers