A guaranteed^* savings plan is a life insurance solution that allows you to enjoy the dual benefits of a life cover and long-term, assured savings under the same plan. With a Tata group employee discount, you can pay reasonable premiums towards your savings policy, get life insurance coverage for your family and on maturity, get the guaranteed^* income to fulfil your financial goals.

By purchasing a guaranteed^* savings plan, you can select a policy term and a premium paying option as per your needs. This will help you save and grow your money over the long term. While you continue saving towards the policy regularly, the life cover under the plan will protect your family against any potential financial uncertainties throughout the policy term.

As a Tata group employee, you can also enjoy a Tata group employee discount of up to a 20% discount^{^} on your premiums paid for the first policy year. This means you save more on your guaranteed^* savings plan with this offer.

When the policy matures, the guaranteed^* savings will be paid out as a maturity benefit so that you can meet your financial obligations. Be it for your family or for your personal needs, this corpus can help you achieve all of these goals without being financially dependent on anyone else.

Yes, buying a savings plan policy online is safe as your personal and financial details are safe. You can securely access the official Tata AIA Life Insurance website, browse through our savings plans and select the one that perfectly meets your needs. The checkout process is seamless and our digital payment options are secure so that you can complete your online transactions safely.

Yes, there are Tata life insurance plans group employee offers that are applicable for all Tata group employees across different verticals. These discounts enable you, as a Tata group employee, to get up to a 20% discount^{^} on your first year’s policy premium. When filing a claim on your savings policy, you can avail of the Express Claim⁴ Service, which allows us to process your claim in a matter of hours.

Tata AIA Fortune Guarantee Plus offers the following benefits:
 

• Choose a flexible policy term and get guaranteed^* income with comprehensive life insurance coverage.
• Select any plan option to get either regular income or regular income with an inbuilt critical illness benefit. The savings plan also offers a return on the total premiums^% paid at the end of the policy term to boost your savings.
• Get a Joint Life policy and financially secure your partner under the same policy. Avoid paying separate premiums or buying multiple life insurance policies with this option. With a Tata group employee discount^{^}, avail of exclusive benefits such as the Express Claim⁴ Service for swift claim settlement.
• Choose one or more optional riders^^ to enhance your policy coverage for a nominal cost and stay protected from unforeseen risks. As a Tata group employee, you can also enjoy the Tata AIA Fortune Guarantee Plus employee discount^ on your overall premiums for the first policy year.
• Get Income tax^# benefits as per applicable income tax laws 

With a Tata AIA Fortune Guarantee Plus employee discount, you can enjoy the exclusive Express Claim⁴ Service. Here, your beneficiary can submit their documents to our agent, after which the claim process will be initiated. You can, thus, receive your claim settlement within just 4 hours!

^*/4T&C apply

• The complete name of Tata AIA Fortune Guarantee Plus is Tata AIA Life Insurance Fortune Guarantee Plus (UIN: 110N158V11) - Non-Linked, Non-Participating, Individual Life Insurance Savings Plan.
• ^{^}Discount on 1st year premium will be offered. 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. Staff discount shall be applicable on the premiums payable in the 1st policy year only. The Company may offer a premium discount to the customers on the policies sourced by the company for 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. This premium discount shall be applicable on the premiums payable in the 1st policy year only and shall vary based on Policy Term and Premium Payment Term. Such discounts shall be applicable on the premium rates. No discounts shall be applicable on exercising the Life Stage or Top-Up SA Option as the increased premium shall be payable from the next policy anniversary, which at the earliest would happen in the second policy year whereas the discount is applicable only on the 1st year’s premium. For regular pay / limited pay policies, this shall be 20% - 1.5% x (Policy Term – Premium Payment Term) and for single pay policies, this shall be 2%.
• *“Guaranteed Annual Income” shall be a fixed percentage of the Annualised Premium / Single Premium (excluding discount) payable in a year. Guaranteed Annual Income 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.
• ⁺⁺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.
• ^~Available under Regular Income with an Inbuilt Critical Illness Benefit option
• ^%Return of Premium shall be the return of Total Premiums Paid (excluding loading for modal premiums, discount, any extra premium, rider premium and taxes) by the policyholder and shall be payable at the end of the Income Period irrespective of survival of the life insured(s) during the Income Period.
• ^#Income 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 implications mentioned anywhere on this site. Please consult your own tax consultant to know the tax benefits available to you.
• ^{^^}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's Insurance Advisor/Intermediary/ branch.
• Tata AIA Vitality Protect - A Non-Linked, Non- Participating Individual Health rider (UIN:110B046V02), Tata AIA Vitality Health, A Non-Linked, Non- Participating Individual Health rider (UIN:110B045V02), Tata AIA Non-Linked Comprehensive Protection Rider (UIN:110B033V03) - A Non-Linked, Non- Participating Individual Health Rider Tata AIA Non-Linked Comprehensive Health Rider (UIN: 110B031V03) - A Non-Linked, Non- Participating Individual Health Rider) are available under this 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
• ¹72,34,092 families protected till 31st March 2023.
• ²Retail Sum Assured for FY2023 is Rs 4,43,479 Crores
• ³As on 03rd April 2024, the company has a total Assets Under Management (AUM) of Rs.100,099.11 Crores
• ⁴Applicable to only non-early claims more than 3 years of policy duration, non-investigation cases, 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 and open title claims.
• ⁵Tata AIA Vitality - A Wellness Program that offers you an upfront discount at policy inception. You can also earn premium discount / cover booster (as applicable) for subsequent years on policy anniversary basis your Vitality Status (tracked on Vitality app) Please refer rider brochures for additional details on health and wellness benefits.
• Vitality is a trademark licensed to Tata AIA Life by Amplify Health Assets PTE. Limited, a joint venture between Vitality Group International, INC. and AIA Company Limited. The assessment under the wellness program shall not be considered as a medical advice or a substitute to a consultation/treatment by a professional medical practitioner.
• ⁶On enrolling into the wellness Program, you get an upfront discount of 5% on first year premium for Accidental Death, Accidental Total & Permanent Disability, Accidental Disability Care Benefits and of 10% on first year premiums of the other benefit options. The rewards are offered on cumulative basis and in any year, the maximum rewards in view of both the upfront rewards and annual rewards _ex together shall be 15% for Accidental Disability Care and 30% for all other benefit options. Discount is driven by accumulated points which is achieved through wellness status. Please refer policy document for more details.
• Insurance cover is available under this product.
• Policies sourced through PoS Channel will not have any medical examination. This plan is not a guaranteed issuance plan, and it will be subject to Company’s underwriting and acceptance.
• Premium excludes the taxes, rider premiums, underwriting extra premiums, loading for modal premiums if any
• For more details on risk factors, terms and conditions please read Sales Brochure carefully before concluding a sale. The precise terms and conditions of this plan are specified in the Policy Contract.
• Risk cover commences along with policy commencement for all lives, including minor lives.
• 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.
• For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale.
• L&C/Misc/2024/Apr/0270