At every stage of your life, you decide on a milestone to achieve. They come in forms like renovation of your house, an overdue vacation, marriage, child birth, child’s education or securing the golden years; the list is endless and increases with time. Along with this, you also carry the burden of uncertainty and prepare yourself to face the same.
In this endeavor, you would want a plan which provides you the guarantee of a fixed amount that would be received in the near future, besides required protection for your family.
We, at Tata AIA Life, have come up with an ideal plan, Tata AIA Life Insurance Fortune Guarantee which is a Limited premium paying Non Linked Non Participating Endowment Assurance plan that offers you benefits of a savings product and protection for your family in case something unfortunate were to happen. This plan offers you Guaranteed Maturity Benefit with a short premium paying term. You can also enhance your protection cover by opting for a Rider.
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^Provided the policy is in force and all due premiums have been paid, on maturity. Maturity Benefit depends on the entry age, gender and premium band
IRDA of India clarifies to public that
Survival payouts of upto 130% of Sum assured1 at regular intervals throughout the term