Tata AIA Life Insurance Fortune Guarantee Plus

Tata AIA Life Insurance Fortune Guarantee Plus
(Individual, Non-Linked, Non-Participating, Life Insurance Savings Plan)

Product Overview

  • Non-Linked, Non-Participating, Individual Life Insurance Savings Plan

    Time never stands still and neither do our fi¬nancial needs. As we move through various stages of life, our requirements and those of our families change consistently. Along with this we also carry the burden of any uncertainty happening. We do our best to take care of our family's needs and to ensure fi¬nancial security of our family from uncertainties of life. Life Insurance is the best way to protect our family from ¬financial crisis in case of an unfortunate event and help your money to grow so you can achieve your dreams.

    The plan provides fi¬nancial protection for your family and Guaranteed* Regular Income that meets tomorrow's requirements, thus helping you plan towards your future needs and protection for your loved ones.

    *T & C apply.

Key Features

  • Flexibility to choose Plan Option
    • Regular Income or
    • Regular Income with an inbuilt Critical Illness benefit
  • Choice of Cash Bonus Payout*
  • Flexibility to choose Income Period from 20 to 45 years
  • Get return of premium^^^ at the end of Income Period
  • Choice to receive Income – Monthly/Annually
  • Option of Joint Life under Single Premium payment option
  • Choice of Premium Payment Term
  • Enhance your protection with optional Riders^^
  • Tax benefit^as per applicable Tax Laws

Disclaimers

  • *Guaranteed 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.
  • ^^Tata AIA Life Insurance Non-Linked Comprehensive Protection Rider (UIN:110B033V03 or any other later version) and Tata AIA Life Insurance Non-Linked Comprehensive Health Rider (UIN: 110B033V03 or any other later version) are available under this plan. 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
  • ^^^Return of Premium Benefit is The Total Premiums Paid (excluding loading for modal premiums and discount) by the policyholder will 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 fulfilment 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.
  • 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.
  • 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.
  • All Premiums and interest payable under the policy are exclusive of the taxes, rider premiums, underwriting extra premiums, loading for modal premiums, if any which will be entirely borne/ paid by the Policyholder, in addition to the payment of such Premium 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.
  • L&C/Advt/2024/Jul/1996
  • City Union Bank is Registered with Insurance Regulatory and Development Authority of India bearing Registration Number CA0023isthe corporate agent/intermediary of Tata AIA Life Insurance Company Limited and does not underwrite the risk or act as an insurer. Registered Address: 149 , TSR Big Street , Kumbakonam612001. Participation by the clients of City Union Bank in the insurance product is purely on voluntary basis. The Contract of Insurance is between Tata AIA Life Insurance and the insured and not between City Union Bank and the insured.

  • 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 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. (UIN: 110N158V12)

  • BEWARE OF SPURIOUS PHONE CALLS & FICTITIOUS / FRAUDULENT OFFERS

  • IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint


Last Updated on: 14-08-2024 07:59:11 PM

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