TATA AIA Life Insurance Fortune Guarantee Secure Plan

Eligibility Criteria for TATA AIA Life Insurance Fortune Guarantee Secure Plan

The eligibility requirements of the TATA AIA Life Insurance Fortune Guarantee Secure Plan are given below in a table:

All of these parameters can vary depending on the plan option chosen by the policyholder. Explore some of the best Investment Plans in 2026 and keep yourself updated with available options.

Features of the TATA AIA Life Insurance Fortune Guarantee Secure Plan

The following are the main characteristics of the TATA AIA Life Insurance Fortune Guarantee Secure Plan:

1.  Guaranteed Income Options

   The plan provides four sources of income options:

   • Regular Income: Revenue within the revenue period.
   • Regular Income ROP: End of income term: Income + Return of Premium.
   • Regular Income Plus: Additional income + lump sum maturity benefit.
   • Early Income Plus: Early income (Year 1-5) + benefit of maturity.

2. Flexible Income Start

   Policyholders can choose to start receiving income immediately or defer the payouts to a later stage of the policy term.

3.  Income Booster

   An Income Booster accumulates during the premium payment term and increases the regular income payable during the income period.

4.  Milestone Booster

   Under certain plan options, Milestone Boosters accumulate over time and increase the maturity benefit.

5.  Sub-Wallet Facility

   Policyholders can allocate a portion of their benefits to a sub-wallet that earns loyalty additions and can be withdrawn during the policy term.

6.  Premium Offset Feature

   Certain plan options allow policyholders to use survival benefits to pay off their premiums.

7.  Tax Benefits

   Premiums and benefits may qualify for tax benefits as per applicable tax laws.

8.  Women's Discount

   Female policyholders receive a discount on the first-year premium.

Benefits of the TATA AIA Life Insurance Fortune Guarantee Secure Plan

Below is a list of the plan's key advantages under the TATA AIA Investment Plans:

1.  Maturity Benefit

   If the life assured survives until the end of the policy term, the policyholder receives the guaranteed maturity benefit along with applicable boosters based on the selected option.

   Under certain plan options, the maturity benefit includes:

   • Guaranteed maturity amount
   • Accrued milestone boosters
   • Further advantages depend on the choice made.

2.  Survival / Income Benefit

   The plan provides a regular income throughout the income period, based on the chosen frequency of payment. The income amount includes:

   • Base Income
   • Accrued Income Booster

3.  Death Benefit

   The death benefit is higher than:

   • 7 × Annualised Premium (age <50)
   • 5 × Annualised Premium (age ≥50)
   • 105% of total premiums paid
   • Sum Assured on Death

   The death benefit payable will always be at least equal to the policy’s surrender value available on the date of death.

Riders Under the TATA AIA Life Insurance Fortune Guarantee Secure Plan

Policyholders can enhance the base plan coverage by adding optional riders. Available riders include:

•  Tata AIA Non-Linked Comprehensive Protection Rider.
•  Tata AIA Non-Linked Comprehensive Health Rider.
•  Tata AIA Vitality Protect Rider
•  Tata AIA Benefit Protection Rider.

Policy Details Under the TATA AIA Life Insurance Fortune Guarantee Secure Plan

1.  Grace Period

   • Monthly premiums are due 15 days.
   • 30 days on all other premium modes of payment.

   The grace period is the period when the policy is active.

2.  Revival

   A lapsed policy can be revived within 5 years from the first unpaid premium due date by paying all outstanding premiums along with applicable interest.

3.  Free Look Period

   The policyholders are allowed to cancel the policy within 30 days of getting the document of the policy in case they are not satisfied with the terms.

4.  Surrender

   The surrender value is available after one full policy year, provided that the full premium has been paid for that year.

5.  Fund Switching

   The plan is a non-linked policy, and hence, the switching of funds is not possible.

6.  Loan

   Policyholders are allowed to borrow up to 80 per cent of the policy surrender value, depending on the terms and conditions of the policy.

Exclusion Under the TATA AIA Life Insurance Fortune Guarantee Secure Plan

Suicidal Cover

If the life assured dies due to suicide within 12 months from the policy commencement or revival date, the nominee will receive at least 80% of the total premiums paid or the surrender value available, whichever is higher.