Tata AIA Life Insurance Fortune Guarantee Pension
A Non-Linked, Non-Participating Annuity Plan
Your retirement years are your second innings, a new life where you leave behind your working life and
find time for yourself. To have a worry-free retirement, you need to plan right, so that you can truly
enjoy your golden years.
Presenting, Tata AIA Life Insurance Fortune Guarantee Pension that helps you gain financial freedom
during your second innings. The plan offers you regular guaranteed income for life to help you
manage your expenses post retirement.
The Group version of this product helps Employer-Employee groups to purchase annuities in respect
of annuity payments for their members
Key Features
• Multiple annuity options to suit your needs
• High purchase price benefit to encourage you to save more
• Option to increase annuity through Top-up premiums
• Tax benefits may be applicable on premiums paid and benefits received as per applicable tax laws
The Annuity Options available to you/group members under this product are:
1. Immediate Life Annuity
2. Immediate Life Annuity with Return of Purchase Price
3. Deferred Life Annuity (GA-I) and with Return of Purchase Price
4.Deferred Life Annuity (GA-II) and with Return of Purchase Price
Plan Options 1 and 2 are available under Single Pay & Single Life and Joint Life basis
Plan Options 3 and 4 are available under Single, Limited and Regular Pay & Single Life and Joint Life basis
Annuity option available for POS channel:
| Type of Annuity | Only Single Life Immediate Annuity |
| Annuity Option available | Plan Option 2 – Immediate Life Annuity with ROP |
II. You can buy this plan in 3 simple steps:
a) Plan your Annuity needs –
Choose the Purchase Price (premium of your policy) to buy Annuity
b) Choose your Plan Option
c) Receive Annuity payouts at the chosen mode – Monthly in arrears, Quarterly in arrears, Half-yearly
in arrears, Yearly in arrears or Yearly in advance