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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 up to Rs 46,800⁺⁺

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?

Why Do I Need a Pension Plan?

Guaranteed^*Income
to enjoy your golden years

Ensures access to a regular source of income during your critical
retirement years

Avail Tax Benefit^#

When you purchase a Pension plan you get Tax Benefits as per
applicable tax laws

Wise investment for a relaxed
retirement

Invest Regularly and earn Good return on your invested amount thereby build a significant retirement corpse.

Provide Financial Security

A Pension plan helps secure the future of your loved ones in case
of any unfortunate event.

Why Choose Tata AIA Life Insurance?

66 Lacs +

Families protected so far^{^}

Express Claim Settlement

Assured 4 hours of claim settlement^~

The Tata AIA Assurance

98.53% Claim Settlement Ratio^{^^} in FY 2021 - 22

Personalized Plans

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

400+ Branches across India

Presence across major cities

Save on Tax^#

Save income tax as per applicable income tax laws

Frequently Asked Questions

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:
- You get guaranteed^* regular income to secure the golden years of your life.
- Avail loan against the policy
- High purchase price benefit to encourage you to save more
- Option to increase annuity through Top-up premiums
- Enhance your annuity plan life insurance coverage by adding one or both the rider^$ benefits offered under the policy for an additional but nominal premium.
- The policy enables you to avail of tax^# benefits under the prevailing tax laws
Is there any discount for Tata Group employees?

If you are an employee of the Tata Group, you can be eligible for a discount on the premiums paid during the first policy year and you are eligible for 1% additional Annuity^**.
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

^*Guaranteed Additions accrue at the end of each completed policy month, subject to all due premiums being paid and form a part of the Death Benefit offered under the option.
⁺⁺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. 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.
^#lncome Tax benefits would be available as per the prevailing income tax laws, subject to fulfillment of conditions stipulated therein. Income Tax laws are subject to change from time to time. Tata AIA Life Insurance Company Ltd. does not assume responsibility on tax implication mentioned anywhere in this document. Please consult your own tax consultant to know the tax benefits available to you.
^$Rider is not mandatory and is available for a nominal extra cost. For more details on benefits, premiums and exclusions under the Rider, please contact Tata AIA Life's Insurance Advisor/ branch.
^***Assigned the highest issuer rating of AAA by ICRA. Issuer Rating represents opinion on ability to pay policy-holder obligations and claims in a timely manner for an insurance company.
^~4 Hour claim processing is applicable for Tata AIA Life Insurance working days (Monday to Friday) up to 2 pm and also bank working days subject to submission of completed documents.
Claims beyond three years from the date of issuance of policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later. Subject to all the relevant terms and conditions of the policy contract.
Claim Processing - All the relevant terms and conditions of the policy contract, including provisions in respect to claim procedure shall apply. Unit linked products; policies with unclaimed amounts or last premium payment not cleared are excluded.
^{^}66 lacs+ as on 31st March 2022
^{^^}Individual Life Claim Settlement Ratio is 98.53% for FY 2021 - 22 as per the latest annual audited figures.
^**The Company will offer a staff rebate in form of additional annuity of 1% of the annuity rate (as otherwise applicable) to the Employees of the promoter group namely, the Tata and the AIA group, its Subsidiaries, fellow subsidiaries, Joint Ventures (which shall include Tata AIA Life Insurance Company Limited amongst others) and their Associates on the policies sourced by the Company. Submission of Company ID card is mandatory to opt for this discount. This offer must be sourced from the direct sales of the Company/buy online. Scheme is for employees who are Indian National and residing in India.
This product is available for online sale. Please visit us at www.tataaia.com to buy this product online. This product is underwritten by Tata AIA Life Insurance Company Ltd. This plan is not a guaranteed issuance plan and it will be subject to Company’s underwriting and acceptance. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. Tata AIA Life Insurance Fortune Guarantee Pension (A Non-Linked Non-Participating Annuity Plan • UIN:(110N161V04)
L&C/Advt/2022/Oct/2475

Tata AIA Life Insurance Company Ltd. (IRDA 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 or write to us at customercare@tataaia.com. Visit us at www.tataaia.com

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